MSM Blog
Interesting and valuable content for Auto Dealers and Supply Chain
Digital Security Concerns Within Auto Dealerships
In the digital age, cyber security is one of the biggest concerns. Sit down; we have some scary statistics for you... In 2021, cybercrimes cost the US $6.9 billion. There is a cybercrime every 37 seconds, and two people have their data leaked online every second. For...
Benefits For EV Models And What That Means For Your Dealership
In the field of EV vehicles, electric motor and vehicle control technologies are an intricate part of the fast-growing auto industry. But, unfortunately, there isn’t necessarily a best or worst option for consumers concerned about the environment, fuel efficiency, or...
The Recession’s Economic Impact on Auto Dealerships: Part 2
The COVID-19 Pandemic along with the Recession has impacted the economy. The auto industry has been particularly hit hard. In a previous post, we talked about how the economy is affecting car buyers, and in this part two article, we will talk about a few of the ways...
The Recession’s Economic Impact on Auto Dealerships: Part 1
Whether you call it an actual recession or more gently refer to it as an economic downturn, the economy has been in the midst of chaos since the pandemic, and the effects of it are becoming glaringly obvious. While most of the economic focus is on jobs, the stock...
The Biggest Challenges Facing Auto Dealerships
From the first known USA, Auto Dealership, opened by William E. Metzger in 1897, to the car dealerships of today, the auto industry and auto dealerships are no strangers to challenging times. However, the past few years have been particularly challenging for US car...
The Rise of Online Car Dealerships
The future of the car market is digital. Online shopping has now extended to the automobile market, partly in response to the pandemic, with the rise of such companies as virtual dealerships such as Autotrader, Carvana, and Vroom. The largest auto dealership in the...
Top 10 Biggest Car Dealerships In The U.S.A.
Cars are revving their way to a big comeback. The top ten auto retailers collectively sold 1,231,944 vehicles last year, accounting for 36.4% of the top 150’s total sales. Vehicles are just as expensive as ever, and drivers are looking to cut costs whenever...
The Best Selling and Fastest Selling Cars This Year
New and used car prices continue to increase at historic rates. As a result, the industry serves as one of the many culprits contributing to high inflation rates, the largest in four decades. As a result, the average buyer is spending nearly $1,000 above MSRP this...
Top 12 Largest Auto Repair Companies
Car maintenance is a recurring, necessary expense that no one wants. However, by maintaining your vehicle, a driver ensures prolonged auto life and prevents further more expensive repairs. With parts and repairs costing more due to supply chain issues, finding a shop...