The improving U.S. economy is increasing freight demand, but drivers are unwilling to come back for reduced wages. Those that are hired will need to be trained, but trucking companies have reduced capacity there, too, making a return to normal operations difficult.
ADESA says its new Dealer Preferred program can help both buying and selling dealers gain confidence in the wholesale market. Participating dealers get top lane placement at auctions, and when buying, they enjoy a 60-day buyback guarantee.
Amanda Savage of Manheim's The Wholesale Institute makes 10 suggestions for boosting a dealer's online showroom. Tips include hiring summer help with online skills, use latest online tools, describe vehicles properly, use condition reports and take advantage of free training opportunities.
Chances are parents will agree with a new study from KBB indicating a teen's first car should be used rather than new, and most preferred a certified pre-owned. Half of those surveyed said they don't like to haggle over price, but 26% said they loved to bargain with dealers.
Manheim recently added an enhancement to its relatively new Mobile Manheim Market Report to help dealers source and manage their pre-owned inventory anywhere. The company highlighted how the capabilities of Mobile Search associated with its Mobile MMR incorporate a trio of dealer-oriented functions.