A Message From The ADS Team
Happy Independence Day! We hope you all take advantage of the opportunity to celebrate the birth of the greatest nation on earth.
First off, we know many of you reading this have been impacted by the cyber breach / ransom attack on CDK and have had to figure out a whole new way of doing business over the last several weeks. For some of us who have been doing this long enough, the new way, sure feels like the old way. Although difficult to work through and not yet resolved, the industry has yet again proven incredibly resilient. Kudos to all of you for making it happen!
As we look back on the first half of 2024, we at ADS are incredibly proud of the work we have done for our dealers. In a market where many people are posting declines in PVR and PPD, we are seeing strong growth on a YoY basis. We are able to achieve these results because we believe people, process and performance lead to results, not market conditions.
We are excited to introduce our partnership with Repaired Forever by Wise F&I. This innovative program offers dealers an edge in their fixed operations department by adding a marketing, retention and additional profit source to each of their qualifying customer pay RO’s.
If you are looking to grow your service department and add to your participation position, please do not hesitate to reach out to us and schedule a time to learn more about this incredible program. See below for more information.
As many of us look to celebrate our nations independence this week, let us not forget what it took to get here and the many brave men and women who have sacrificed so much to allow us to live freely in the greatest nation in history.
Have a happy and safe 4th of July!
Sincerely,
Bob and Ryan
IN THE NEWS
CDK Says Full System Back This Week
Dealers Are Set to Lose Nearly $1 Billion Over CDK Cyberattack
Cox Automotive Forecast: US Auto Sales Expected to Finish First Half Higher by 2.9%, in Line With Expectations for Slow Growth
EVs are giving new owners more headaches, and Tesla is a big reason why: J.D. Power study
US inflation cools in May, boosting hopes of Fed rate cut
RV sales are picking up. That’s a good sign for the economy
EVENTS WE WILL BE ATTENDING
NAMAD –https://web.cvent.com/event/edcd733e-ea51-4261-842b-30b68f704934/summary
RVDA – https://www.rvda.org/Convention
F&I Product and Reinsurance Conference – https://www.fandi-conference.com/
Good Luck and Good Selling!
View our Full Newsletter https://mailchi.mp/advdealer.com/july-newsletter-z2xuga4kom
