As the automotive industry undergoes continuous evolution, effective dealership profitability management becomes crucial in navigating the changing landscape. Economic factors play a significant role in shaping the performance of GAP insurance coverage, which directly affects dealers profitability. The strength of the economy and consumer purchasing power have a direct impact on vehicle sales and financing trends, making it essential for auto dealerships to adapt their strategies accordingly.
We’re also passionate about sharing insight; identifying the trends and behaviours which are likely to impact the markets in which we operate.
We recently held our first Inside Track webinar where Michael Bell, CEO of AvailableCar, shared his story of how the dealership grew from a family business into a £300 million success story by adapting to change and innovation in the industry.
Michael was joined by Assurant’s own Automotive Business Development Director, Sadia Azam. Sadia shared what it takes to build partnerships that promote customer growth and loyalty and how we can move quickly to develop solutions perfectly tailored to your own customers’ needs.