Automotive Trends & Data Analytics

Learn how to adapt and prepare your dealership for future challenges by leaning into data and technology to optimize efficiencies. Explore checklists, guides, and articles to help you sell more cars.

  • 4 Ways for Auto Dealers to Stay Ahead of 2022 Inventory Challenges

    4 Ways for Auto Dealers to Stay Ahead of 2022 Inventory Challenges

    The latest forecasts highlight why dealers experiencing inventory shortages can’t afford to pause their sales and marketing efforts until the market stabilizes.

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  • 4-Point Dealership Data Quality Checklist

    4-Point Dealership Data Quality Checklist

    Ensure the quality of your dealership's customer data with our 4-Point Data Quality Checklist. Discover our tips for accurate, complete, consistent, and timely data.

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  • State of Automotive Inventory Fact Sheet

    State of Automotive Inventory Fact Sheet

    Discover our State of Automotive Inventory Fact Sheet with quick stats and data to help your dealership navigate future decisions and adapt to ongoing challenges.

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  • Predictive Analytics in the Auto Industry

    Predictive Analytics in the Auto Industry

    Technology is rapidly transforming the automotive industry, and predictive analytics (while now a common industry buzzword) are a core differentiator for dealers who use it well.

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  • Q2 2021 State of Automotive Sales & Inventory

    Q2 2021 State of Automotive Sales & Inventory

    Following challenges from COVID-19 and growing inventory concerns spurred by the microchip shortage in early 2021, dealers’ performance in Q2 varied greatly from brand to brand, and store to store.

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  • How To Use Predictive Analytics to Maximize Your Dealership Portfolio

    How To Use Predictive Analytics to Maximize Your Dealership Portfolio

    With countless evolving factors impacting OEM production and deliveries, now is the time for dealers to focus on the elements they can control.

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  • How Does Comprehensive Data Access Increase Your Bottom Line?1:40

    How Does Comprehensive Data Access Increase Your Bottom Line?

    Discover how to identify high potential buyers faster with Market EyeQ’s comprehensive and reliable data. Using Market EyeQ's Behavior Prediction Score, you can identify the most qualified leads.

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  • Embracing Your Dealership’s Electric Future1:05:50

    Embracing Your Dealership’s Electric Future

    Mastermind’s Ian Grace & IHS Markit's Pete Margaros discuss the factors accelerating electrification in the auto industry, the brands leading the pack and how dealers can prepare for the future.

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  • 4 Ways for Dealers to Embrace an Electric Future

    4 Ways for Dealers to Embrace an Electric Future

    Discover 4 tips dealerships can leverage to prepare for the future of electric vehicles. Get a head start by understanding your market and building a solid team.

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  • 3 Important Trends Shaping Future Customer Car Buying Behaviors in 2021

    3 Important Trends Shaping Future Customer Car Buying Behaviors in 2021

    As disruptions ranging from rapid digitalization to widespread inventory shortages shake the auto industry, success for dealers continues to be defined by how well teams can adapt and embrace change.

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  • Busting Three Common Myths About EVs and Auto Dealerships

    Busting Three Common Myths About EVs and Auto Dealerships

    With the automotive industry rapidly recovering while simultaneously evolving to changing consumer buying habits, a once-niche segment has become more top-of-mind for OEMs: EVs.

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  • 4 Tips to Take Your Dealership Reporting to the Next Level

    4 Tips to Take Your Dealership Reporting to the Next Level

    Dealerships of all sizes are undoubtedly familiar with metrics and dashboards. Whether it’s your CRM, DMS or sales platform, a good part of your day is already spent on reviewing performance reports.

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  • 3 Ways to Use Data to Tackle Current Dealership Challenges

    3 Ways to Use Data to Tackle Current Dealership Challenges

    What are your dealership’s greatest challenges in 2021? Are they the same today as they were five years ago? Chances are, they’ve likely evolved over time.

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  • 3 Steps to Strengthen Your Dealership’s Core for the Future

    3 Steps to Strengthen Your Dealership’s Core for the Future

    While the future of auto dealerships is undoubtedly evolving, the change welcomes new opportunities for dealership growth. Learn more in our latest blog post.

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  • Auction vs. Retail: Adapting to Inventory Challenges in 2021

    Auction vs. Retail: Adapting to Inventory Challenges in 2021

    Curious about whether to send a trade-in to auction or keep it on the lot? Discover how your dealership can maximize its current pre-owned inventory and develop a robust homegrown inventory.

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  • Plan, Prepare, Pivot: What Lies Ahead in 20211:04:52

    Plan, Prepare, Pivot: What Lies Ahead in 2021

    Learn more about 2021automotive industry forecasts and how dealers can begin to plan, prepare and pivot for the road ahead.

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  • How Auto Dealers are Preparing for the Future of the Automotive Industry

    How Auto Dealers are Preparing for the Future of the Automotive Industry

    No dealership leader could have anticipated the events seen in 2020 – much less prepare for the challenges they would face as a result. However, the auto retail industry is proving resilient.

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  • 4 Strategic Staffing Best Practices for Dealerships in 2021

    4 Strategic Staffing Best Practices for Dealerships in 2021

    Hiring and staffing can be one of the most frustrating components of life at auto dealerships. In this blog post we outline four strategic staffing best practices for dealerships.

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  • 3 Ways to Strategize for Dealership Success in 2021

    3 Ways to Strategize for Dealership Success in 2021

    With 2020 behind us, dealership leaders are entering the new year with many important lessons learned on pivoting and keeping their businesses moving forward despite industry disruption.

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  • Adapting to 2021 Inventory Challenges

    Adapting to 2021 Inventory Challenges

    In this blog post, we explore three ways creative dealerships can adapt to 2021 inventory challenges.

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