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5 Tips to Stop Service Department Profit Leaks
Is your service department inadvertently hampering your car dealership's profitability? Here's how to stop service…
The Importance of Streamlining the Retail-Ready Process
The faster dealerships can get their cars retail-ready and on the lot, the more money…
Using Automation to Reduce Human Error and Get Cars Retail-Ready Faster
The less you ask technicians to manually report on vehicle status, the smoother your used…
Removing Roadblocks for Faster Approvals and Used Car Sales
Are your approval processes hampering your ability to get your cars retail-ready? Here's a look…
5 Ways to Boost Used Car Sales
A few simple strategies can help your used car dealership slash turn times and increase…
Making Profitable Reconditioning an Integral Component of Your Dealership’s Used Vehicle Acquisitions Strategy in 2021
Nearly every used car manager in the country uses software and data to make smart…
4 Common Bottlenecks That Hold Your Vehicle Turn Rate Back
Want to improve your vehicle turn rate? You need to identify and address these common…
A Dealership’s Short Guide to Recovering From COVID-19
The COVID-19 pandemic has made it tough for many auto dealers, but there are several…
Why Tracking and Optimizing Used Car Time-to-Market is Essential for Your Dealership
The faster you get used car inventory on your lot, the greater your profits. That’s…
6 Ways to Improve Used Inventory Flow and Sell Cars Faster
The speed at which dealerships turn vehicle inventory over is essential to your bottom line,…
8 Key KPIs for Auto Dealership Success
Is your auto dealership firing on all cylinders? To build and maintain a successful dealership,…
5 Ways to Reduce Cost and Time to Turn in your Used Car Service Department
Every additional day a vehicle spends in your service bays costs the dealership. Streamlining this…
3 Ways to Create Workflows That Make Turn Times Measurable and Efficient
Workflows help get the most value out of your auto dealership's inventory. Here's how to…
5 Ways to Reduce Value Erosion on Used Car Inventory
Every day a used car doesn't sell costs money. These 5 ways to reduce vehicle…
How to Find Your “Sweet Spot” on Inventory Turn Rate
Here's everything you need to know about dealership inventory turn rate — and how to…
Latest Press Releases
Black Book Integrates with ReconVelocity’s New ReconMatch
Black Book data now powers the algorithm being used to determine the vehicle’s value and margin Lawrenceville, GA (May 27, 2020) – Black Book, known in the automotive industry for providing…
Hugh Hathcock and Family Announce ReconVelocity Dealer Relief Program to Support and Give Back to All Dealers
DESTIN, FL – ReconVelocity today announced a Dealer Relief Program that includes 90-days of free software, training, and support services to existing and new customers, including its new ReconMatch and VelocityValet…
ReconVelocity Acquires Competitive Firm Recon Ninjas
February 6, 2020 – ReconVelocity, the fastest growing company in the auto industry, announced today the acquisition of competitor Recon Ninjas. Both ReconVelocity and Recon Ninjas service automotive dealers in…
ReconVelocity Brings New Levels of Automation to the Recon Process with VelocityLocate and ReconMatch
DESTIN, FL – January 27, 2020 – ReconVelocity today introduced two new automation features to its leading reconditioning software solution that catapult the recon process into new realms of efficiency,…
What has Hugh Hathcock been doing since he sold his company for over a Half a Billion Dollars?
It all started back in the 1980’s with Hathcock’s idea to send a little something special to dealership’s recent customers to help improve customer relations. The average dealer takes 10…
ReconVelocity Aims to Influence Change by Modernizing Reconditioning
DESTIN, Fla. — ELEAD1ONE founder Hugh Hathcock announced the launch of ReconVelocity, a new company formed to combat margin compression and workflow inefficiencies in the retail automotive industry by helping…
ReconVelocity Brings Automation And Optimization To The Reconditioning Process For Auto Dealers
Fully Integrated Solution Helps Dealers Get Vehicles Retail-Ready Faster and Turns Reconditioning Process Into a Profit Generator To combat margin compression and workflow inefficiencies in the retail automotive industry, ReconVelocity…
Hugh Hathcock Makes A Bold Move in Auto Retail with the Launch of ReconVelocity — CBT Automotive Network
After selling his wildly popular CRM and BDC software solutions company eLead1One to CDK Global for over $500 million dollars last year, automotive retail veteran Hugh Hathcock knew he wasn’t done with…
CDK Global to Acquire ELEAD1ONE
ELEAD1ONE’s automotive retail front office applications and integrated customer service platform to complement the diversified product and service portfolio of CDK HOFFMAN ESTATES, Ill. & ATLANTA–(BUSINESS WIRE)–CDK Global, Inc. (Nasdaq: CDK),…
CDK Global to Acquire CRM Firm ELead1One
CDK Global will announce Monday morning it is acquiring the auto retail industry’s leading customer relationship management firm ELead1One, according to several sources familiar with the deal. The acquisition checks…
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