CarData
Our headquarters will relocate from Pompano Beach, FL to 3602 US-13 N., Goldsboro, NC 27534. Why We’re Moving Since 2015, CarData, Inc. has been laser-focused on helping franchise dealerships merchandise inventory faster with professional photography, video, and data-rich listings. Over the past two years our back-office team has grown—and most office personnel now call North…
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Why Reliable Vehicle Photographers from Lot Service Companies Are a Better Alternative for Car Dealers Than In-House Photography In today’s highly competitive automotive market, the quality of your dealership’s online vehicle presentation can make all the difference. Shoppers are doing their research online, and the first impression they get of a vehicle often comes from…
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CarData is excited to announce our recent partnership with the American Cancer Society (ACS) in Miami-Dade County. As a company that values giving back to the community, we are thrilled to collaborate with an organization that significantly impacts the lives of individuals and families affected by cancer. The ACS is…
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Boost Your Inventory Car dealers have been searching for innovative and captivating ways to generate interest in their inventory as long as the internet has existed. Never before has there been a valuable time to consider your alternatives and try new approaches to keep clients coming through the doors, given the challenges of chip scarcity…
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Interest rate spikes, fuel costs & consumer sentiment over high vehicle prices slowed down the Used car market with a 16% sales drop in May 2022 compared to May 2021. Unlike 2021 there are no stimulus checks to help consumers through these headwinds. According to Cox Automotive [www.coxautoinc.com] Year-over-Year data shows a 12.7% decrease through…
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The 1st photo in your photo set matters tremendously for a few different reasons. Capture browsers attention Show your vehicle in best way possible Differentiate your vehicle from the other SRP listings on 3rd Party Sites Brand your dealership even before browser clicks Below is a great example of really showing the vehicle and exposing…
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Lithia Automotive Group [LAD] is on a serious path of acquisitions, Reynolds & Reynolds purchases Gubagoo, CDK Purchases Roadster and it is going to be a record breaking year for M&A in the dealership space. Approximately 4.5% of all U.S. jobs are supported by the auto industry The Automotive industry has some of the most…
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It looks like VROOM will be filing for an IPO in the near future. It’s estimated they will have a valuation of $1.93 Billion while aiming to raise $300 Million in the IPO. Most automotive retailers have recently been cutting into profit margins by slashing prices to lower inventory counts. Carvana Co. [CVNA] (www.carvana.com) is…
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April 14, 1902 was the founding date of J.C. Penney Company. In 1971 the company had revenues of $5 Billion (equivalent to $31.6 Billion in 2020) with 2,053 stores. On May 15, 2020 J.C. Penney filed for Chapter 11 bankruptcy protection and announced there would be hundreds of stores closing. Of course the coronavirus pandemic…
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Following dealership guidelines during these unprecedented times. CarData is taking all the necessary precautions to make sure that our team is equipped with the necessary personal protection. The management team has provided custom made facial masks to put the reps at ease. We are also offering a few essential services, such as steering wheel plastic…
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