Beyond the Price Tag: Why Data-Driven Dealerships are Winning in 2024

As Indicata strengthens its data offering for UK dealers, we explore why a unified data strategy—spanning from vehicle pricing to AI-driven aftersales—is the key to unlocking sustainable growth.

source https://ae2.io/news/beyond-the-price-tag-why-data-driven-dealerships-are-winning-in-2024-mto19q1l

Comments

Post a Comment

Popular posts from this blog

Swansway Director Criticises Cazoo's Failed Business Model

Image
Scathing Review of Cazoo by Swansway's Peter Smyth Peter Smyth, director at Swansway, provided a critical analysis of Cazoo and its founder Alex Chesterman during a recent Car Dealer Podcast episode. Smyth labelled Cazoo’s business model as fundamentally flawed, describing the company’s initial plans as unrealistic and fictional. In a candid discussion on the Car Dealer Podcast, sponsored by JATO, Swansway director Peter Smyth gave a harsh critique of Cazoo, the once-promising used car dealer now in administration, and its founder, Alex Chesterman. Smyth, who previously featured in a 2022 special film on Cazoo, highlighted several issues with Cazoo's business model and Chesterman's approach, attributing their downfall to these flaws. Cazoo's Unrealistic Ambitions Smyth began by dismissing Cazoo's initial prospectus as "a work of complete fiction," likening it to a fantasy novel by JK Rowling. He criticised Chesterman's bold claims, including the am...
Read more

Tesla's Major Recall: Addressing Autopilot System Flaws

Image
Tesla, the renowned electric vehicle (EV) manufacturer, has recently faced a significant challenge with its innovative Autopilot system. After extensive investigations by the US National Highway Traffic Safety Administration (NHTSA), over two million Tesla cars have been recalled. This recall, a substantial setback for the Elon Musk-led company, addresses issues with the partially automated driving system, which has been linked to several collisions. The NHTSA's two-year investigation revealed concerns about the Autopilot’s effectiveness in ensuring driver attention and preventing foreseeable misuse. Consequently, they have mandated an update to the system. This update aims to enhance driver warnings and alerts and restricts the operational areas of basic Autopilot versions. This decision impacts nearly all Tesla models sold in the US, including models Y, S, 3, and X produced between October 5, 2012, and December 7 of the current year. Despite Tesla's reluctance to agree w...
Read more

The Lotus Emeya: Setting New Standards in the Luxury Electric Vehicle Segment

Image
In recent car dealer news that's set to electrify the motor trade news circuit, the distinguished British automobile brand Lotus, based in Norfolk, has given enthusiasts and industry stalwarts a tantalising glimpse into the future of luxury electric vehicles with the unveiling of its brand-new electric saloon car, the Emeya. A reflection of the brand's transformative journey under the guidance of Chinese automotive colossus Geely, the new entrant epitomises the renaissance of Lotus as it metamorphoses into a ‘global luxury and performance brand’. The Emeya, a majestic beacon in the manufacturer's broadening lineup, heralds the continuation of a rich and storied legacy of high-end electric vehicles (EVs). This pioneering move echoes the brand's celebrated history of creating illustrious saloon cars such as the iconic Lotus Cortina, crafted in a historic collaboration with Ford. The present unveiling marks a return to grandeur, an era reminiscent of the cherished Carlt...
Read more