Recon Will Sink You in 3Q
If recon accountability is inaccurate, then profit expectations will not be realistic. And specific problems are sure to arise, which will kill sale margin.
On the Road to Normal: New Vehicle Sales Expected to Lift Slightly in Q1, According to Edmunds
The car shopping experts from Edmunds forecast that 3,502,324 new cars and trucks will be sold in the U.S. in the first quarter of 2023, which will be a 5.2% increase from the first quarter of 2022 but a 1.8% decrease compared to the fourth quarter of 2022.
iA American Introduces New VSC, Limited Warranty Program
Dealerships now have the ability to offer coverage on either EVs or ICE vehicles within each of the new products.
3 Key Areas That’ll Challenge Dealers and Their F&I Profitability in 2023
Dealers are making sure they are equipped with some of the most advanced GAP coverage, protection products and online resources they’ve ever had to better serve their customers through increased availability of offerings, particularly in digital retailing settings.
Tim Lamb Group Brokers Sale of Motorcars Toyota Dealership in Cleveland Heights, Ohio to Martin Automotive Group
Tim Wild, Director of the Midwest and Plains Region for the Tim Lamb Group, has brokered the sale of the Motorcars Toyota Dealership in Cleveland Heights, OH to the Martin Automotive Group.
How Fred Beans’ People-First Philosophy Sets the Standard for Automotive Retail
Guided by strong values of compassion, citizenship and responsibility, the auto group strives to stay ahead of the curve.
Cox Automotive Names VP To Spearhead Its Wholesale-to-Retail Inventory Management Efforts
Cox Automotive has tapped Derek Hansen as vice president of Operations, Inventory Management Solutions.
Urban Science: U.S. Auto Dealership Count, Throughput Dip Slightly While EV, Non-retail Sales Rise
Urban Science® announced highlights from its 2022 year-end Automotive Franchise Activity Report (FAR), which shows continued stability for the U.S. automotive retail network.
Say Yes to the Plan, or Plan to Fail
The most successful dealers are partnering with specialized companies, and this doesn’t have to take as much of your time as you think.
Ford’s Salute To Dealers Honors Dealer Community Contributions
Six dealers from around the world are being honored for their relentless dedication to the betterment of their communities in 2022.
