Kunal A. Lakhia

Driving Safety: Tips & Advice from MK Auto’s Experts Check out our blog for expert advice on driving safety.

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Overall, the absence of document management software can result in operational inefficiencies, compliance risks, security concerns, and missed opportunities for analysis and improvement within auto dealerships. Investing in a robust document management solution can help address these challenges and streamline dealership operations. #Auto #Automotive #Autodealers #IndiaAutosector

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The attack of this scale on CDK is an attack on the auto industry in US and Canada. However, at the same it's heartening to see how the competitors in the DMS space have responded to support dealer fraternities in this time of deep crisis. Other DMS product leaders like R&R, DealerTrack and Tekion(the emerging cloud native product backed by many OEMs) are offering support to the dealers without any fees or contracts. Reynolds & Reynolds is increasing production at its printing facility to supply dealers with the paper materials they need to conduct business, such as repair orders, forms for purchases and retail installment contracts.   Walsh CEO of R&R wrote. "We are providing our Desking solution to these customers at no charge so they can work deals effectively. No contract, no fees, just access to the software."   As per Jay Vijayan CEO of Tekion, "Tekion is providing free access to their Tax, Title, and License solution, Tekion Digital Processing (TDP), to all affected dealers. This standalone tool will allow them team to accurately calculate tax, title and license for vehicle, heavy truck, trailer, RV, watercraft and powersports sales transactions in all U.S. States and the District of Columbia"   DealerTrack by Cox has also jumped in the support wagon in this time of crisis "While actively supporting our customers to continue to run their business," Cox said, "we established a secure microsite that our customers are actively using now to access support and guidance, work-arounds and actions they can take while CDK systems are not available. Having personally worked at this junction for many years I can understand the impact and very happy to see the industry coming together to face it. It can happen to any product and any industry mainly in the era we are living in, hence, its utmost important to learn a strong lesson and have dialogues to avoid this in future. This will also spark a debate on the future course for the dealers if it's the right strategy to put all eggs in one basket rather having different integrated solutions to reduce single point of failure problems. #DMS #autoindustry #cybersecurity #safety

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why OTA updates feature has become cornerstone of modern vehicles due to its profound impact on convenience, vehicle functional and Most important Customer experience and Lifecycle!!!, Great article to read... Read more at: https://lnkd.in/d9wY25EN

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Amy Smith, CHRO at CDK Global, in a conversation with ETHRWorld South-East Asia shares her vision on the evolving role of HR, the power of AI-powered skills assessments in revolutionizing the hiring process, and the importance of upskilling her team with Gen AI and other cutting-edge tools. She spoke about AI's limitations and potential misapplications in hiring, emphasizing the need for human governance to ensure balanced, bias-free recruitment decisions. To know more about her expert perspective, read the full article here: https://lnkd.in/daC8YkKR

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Innovation is never a destination. It's continuously evolving. myKaarma Founder and CEO Ujj Nath describes our ever-changing paradigm as we seek out the best solutions for Fixed Operations. #FixedOps #AutomotiveIndustry #CarDealerships

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Mr. Tarsem Singh Lally: Transforming Indian Auto Dealerships With Innovation, Family Values, And Exceptional Customer Service At Lally Motors Since 1997 The 10 Most Inspiring CEOs of the Year 2024 The Indian automobile industry is constantly evolving to meet the needs of a growing and increasingly discerning consumer base. With fierce competition from domestic and international brands, dealerships play a crucial role in shaping the customer experience and brand loyalty. Lally Motors stands out as a prime example of a dealership that has not only kept pace with the industry’s rapid growth but has also thrived in this competitive environment. To read more, click on the below link... https://lnkd.in/gJd5YJu4 #lallymotors #InspiringCEO #indianautomobiles #automobile #dealership #brandloyalty #growth #indiancardealership #hondacardealrship #success

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🚗 Unlock New Heights in Auto Dealership Sales with Customized Training Programs! 🚗 In today’s dynamic car dealership market—marked by high inventory, higher APRs, and intense competition—it's more crucial than ever to empower your sales and service teams with top-notch skills. Investing in personalized training that combines human expertise and AI technology is a game-changer. Why? Because the ROI speaks for itself! With CallRevu’s innovative product suite, you can measure the impact and see tangible results in no time. Elevate your dealership’s performance and customer satisfaction today. Discover the full article here: https://lnkd.in/ewFqGev8 #AutoDealership #SalesTraining #CustomerSatisfaction #ROI #CallRevu #AI #HumanExpertise

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The next generation of new-car buyers is more cost-conscious, information-hungry and less confident about BEV ownership compared with early BEV adopters. So, how can automakers and dealerships drive BEV sales growth among these shoppers against this new backdrop of consumer uncertainty? In this blog, https://hubs.li/Q02W8wt60, our BEV experts share insights and data on how these industry players can evolve their product and marketing strategies to engage and delight this emerging group throughout the BEV shopping and buying journey. #MarketResearch #ElectricVehicles #ConsumerInsights

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In the fast-paced world of automotive dealerships, having immediate access to crucial data is essential. With DealerOps you can instantly unlock key metrics across sales, service, parts, and finance, empowering your team to make data-driven decisions with confidence. Whether you run a single rooftop or an entire enterprise, no more waiting on reports or juggling multiple systems – streamline your operations and drive profitability with real-time insights. Ready to see the difference? #KeyMetrics #PerformancePlatform #DealershipSuccess #AutomotiveAnalytics #DealerOps

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🚀 Elevate Your Dealership's Performance with Auto Momentum! 🚀 Are you ready to transform your dealership’s lead handling and sales processes? At Auto Momentum, we know the value of modern approaches and cutting-edge strategies in the automotive sales industry. ✨ Why is lead handling so crucial? In today’s market, every lead represents an opportunity. With the high costs of leads and advertising, it’s essential to maximize each one. Auto Momentum’s comprehensive CRM Evolution and Momentum Method training ensure that no opportunity slips through the cracks. 🌟 What sets Auto Momentum apart? Clarity: Clean and organized CRM systems. Perspective: Custom strategies tailored to your dealership. True Efficiency: Engaging templates and high contact rates. Our 85%-90% contact rate speaks for itself. Let us help you harness the power of effective lead management and drive your sales to new heights. Ready to take the next step? Reach out to us today and discover how Auto Momentum can evolutionize your dealership's success! Automomentumsolutions.com #AutoMomentum #DealershipSuccess #LeadManagement #SalesOptimization #AutomotiveSales #CRMExcellence

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Automotive Lead Follow-up Best Practices for Dealership Dealerships often receive a high volume of leads each month, ranging from hundreds to thousands. A successful dealer understands the importance of promptly and effectively contacting every lead using lead follow up software to achieve or surpass industry benchmarks for closing rates. #cardealership #carsforsale #newcar #usedcars #carfinance #carleasing #carloan #carshopping #testdrive #carbuying #tradein #carinsurance #carwarranty #dealership #autodealer #carshowroom #carbuyers #cardealers #luxurycars #preownedcars #leads #leadgeneration #generalmanager #dealerprincipal #bdcmanager #internetmaking #crm #bdc #dealership #leaderresponse #leadmanagement

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Join your fellow dealers and keep up with all the latest industry news by subscribing to the vAuto podcast series. It’s available wherever you get your podcasts. The vAuto Podcast delivers thoughtful, actionable insights straight from some of the automotive world’s top performers. You’ll hear from vAuto execs, industry leaders and—most importantly—dealers just like you. Keep your finger on the pulse of the industry and stay five steps ahead of your competition with the vAuto podcast. Listen in here: https://spoti.fi/3BwEvm0 #carbusiness #automotiveindustry #automotivenews #dealerships #cardealers

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The sales impact of the CDK Global DMS hack is starting to take shape… Plus, several car models are saying goodbye in 2024 and 2026, and new questions raised over GM's 1 million EV production target… Today’s top 3 stories in automotive: 1. CDK cyberattack bites — dealers chase estimated $1 billion in lost sales… https://lnkd.in/gTmCwxCt 2. Muscle cars and family haulers are getting the axe in 2024-2025…but why? https://lnkd.in/gAGK-CT7 3. GM is the latest in a series of automakers forced to reset EV goals… https://lnkd.in/gQGzSnUa Read today’s automotive news, brought to you by Bumper: https://lnkd.in/gPvVuFwX

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Cyberattack on CDK Global stymies work at car dealerships across US. Why it matters: 1. Cross-industry impact: The cyberattack on CDK Global—a crucial software provider for car dealers—has disrupted operations across North America, emphasizing cyber vulnerabilities not just in tech, but all sectors that rely on digital tools. 2. Shutdown side effects: Thousands of car dealerships are unable to conduct sales, repairs, and registrations due to the lack of access to vital systems, showing the far-reaching impact cyberattacks can have on customer services. 3. Reactive response: CDK Global's shutdown of systems to deal with fallout displays the challenges organizations face in timely recovery from such attacks. It points to the need for robust cybersecurity infrastructure and emergency response planning to mitigate disruption. Learn more by visiting The Record from Recorded Future News: https://lnkd.in/di3UNe_X

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