High Car Loan Delinquencies Suggest Solid 2014 Sales for Automakers?

From Business to Community: High car loan delinquencies suggest solid 2014 sales for automakers? We expect American consumers to do a lot in this country; not least of which is to be the nation’s economic engine, after all, 70% of our gross domesti
Jan 21, 2014

Tips to Increase your Dealership’s Bottom Line

Tips to increase your dealership’s bottom line, from Brady Ware. Increasing revenue is one approach to increase your dealership’s profitability. Lowering taxes or improving efficiency are other ways to increase your bottom line. Here’s an a
Jan 21, 2014

Dealerships Hiring More Women, Younger Workers, NADA Says

Dealerships hiring more women and younger workers, according to Search Auto Parts. Women are overrepresented in office and administrative positions, where they make up 92 percent of the workforce. The production position with the most women is financ
Jan 21, 2014

3 Reasons Transparency Is Fast Becoming The Trump Card For Today’s Buyers

A colleague of mine recently purchased a 2014 Subaru Outback from a local dealer. He ended up using TrueCar to give him confidence in the price he should pay for the new vehicle. I had to ask the obvious question: “Why did you, of all people, use T
Jan 14, 2014

Is This the Car Dealership of the Future?

From Huffington Post: Is this the car dealership of the future? For the average person, buying a car is a process wrought with unending frustration replete with all the drama of a daytime soap opera. Many people contend with Shakespearian levels of l
Jan 13, 2014

How to Boil a Frog with CRM

If you put a frog into a pot of boiling water, it will leap out immediately. But if you put a frog in a pot of cool water and then gradually heat the water until it starts boiling, the frog will not become aware of the danger until it is too late. Th
Jan 11, 2014

Why Every Dealership Should Have a Giant Inflatable Gorilla

According to Driving Retention, how dealers and managers can utilize their resources and better manage their marketing dollars. One of the challenges that dealers and managers face when analyzing their marketing budgets is sourcing traffic. Do you fi
Jan 9, 2014

Lessons from The Wolf of Wall Street: Is Your Boss a Psychopath?

Lessons from the Wolf of Wall Street, according to Harvard Business Review. The debauchery-laden film by Martin Scorsese The Wolf of Wall Street is a prime example of financial corruption, excess, and corporate greed. It’s the rags to riches to rag
Jan 7, 2014

Changing Your Forecast for Real Growth in Fixed Operations

In my travels, I am constantly asked, “How should I forecast my department?” It’s a great question and when I begin asking questions, everyone has about the same answer. It’s last year’s figures plus another 6% -10%. Seems to me that a deal
Jan 7, 2014