OFFICIAL PUBLICATION OF THE NEW CAR DEALERS OF UTAH ASSOCIATION

May 17, 2023

The Right Time For A Risk Management Reset

The past two years have seen auto retailers adapt to limited vehicle inventory and pandemic restrictions while driving profits to new heights. Now dealers face rising interest rates — a critical concern for an industry that relies on capital to fund operations and growth. For some, it’s time for a balance sheet review and risk […]

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How Automotive Digital Retailing Can Affect Your Dealership

Digital retailing makes it easier and more exciting for customers to shop for cars. The physical and digital processes of buying a car are merged into one seamless experience for the customer, creating more engagement and more sales with the dealership. What is Automotive Digital Retailing? In the early 2000s, customers would visit, on average,

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A Delay in the Safeguards Rule, But Dealers Should Not Wait

In this article, we discuss the Federal Trade Commission’s (FTC) delay of the effective date of the revised Safeguards Rule (Rule) and its practical impact to your dealerships. We will then explain why you should not wait to implement data protection and cybersecurity safeguards at your dealership because the FTC will still come after you

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Executive Director’s Message – NCDU: Rising Up to Meet the Challenge

Summer has finally arrived. We are halfway through this year, and I for one, am so proud of all that we have accomplished. There are many more changes on the horizon and problems we must face, but if there’s one thing I know, it’s that NCDU and its members will always rise up to meet

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