This week, we’re keeping the faith. Read why NADA is speaking out about dealership closures, how OEMs are giving back to the medical community, and why social distancing might be a win for digital retailing.
FROM REUTERS: Coronavirus Drags Car Dealers Into Digital Commerce
Unprecedentedly, the rise of social distancing is challenging dealers to embrace the digital future and expand their retail services. According to a 2019 survey, only 15% of dealership transactions happened online but are expected to double by 2025.
FROM CBT NEWS: NADA Advocates to Consider Dealerships as Essential Business
The association is not only fighting for dealership sales departments, but for the customers who rely on functioning vehicles and will need to trade in, upgrade, or service their models during this uncertain time.
FROM AUTOMOTIVE NEWS: Dealer Confusion Grows as More States Issue Stay-At-Home Orders
More than 14 states have been ordered to adhere to “stay-at-home” regulations including the closure of all nonessential businesses. While the scope of these closures differs by state, many dealerships’ service centers remain open while sales departments have been forced to close.
FROM TECHCRUNCH: Ford, 3M, GE and the UAW to Build Respirators, Ventilators and Faceshields for Coronavirus Fight
While many U.S. plants remain closed, OEMs and other partners are taking the time to lend a helping hand. Automakers are using their resources and facilities to make up for the country’s lack of necessary medical equipment.