Responsible for developing and executing an aggressive digital ROI focused business strategy for profitable growth and increase market share in the automotive dealer sector, whilst effectively integrating online with the core business
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I hope that everyone reading this post is healthy, safe and doing everything in your power to stay that way.
It’s no secret that certified pre-owned (CPO) vehicles have become a big part of the used vehicle business at franchise dealerships.
It’s not easy to change long-standing beliefs and best practices.
A few weeks ago, I saw down with WardsAuto Dealer Business editor Steve Finlay to discuss my latest book, “Gross Deception: A Tale of Shifting Markets, Shrinking Margins and the New Truth of Used Vehicle Profitability.”
I had the distinct honor and privilege to pen an op-ed piece for Automotive News.
A vAuto Performance Manager (PM) made an astute observation about the belief among dealers that you need to stock more vehicles than you typically sell.
As I was leaving Las Vegas yesterday, it occurred to me that I hadn’t shared much on new vehicle market conditions and what they may mean for dealers.
Like many dealers, the annual National Automobile Dealers Association (NADA) convention is a time for seeing long-time friends and making new ones.
If my conversations with dealers on the opening day of the exhibit hall at the National Automobile Dealers Association (NADA) convention are any indication, the coming year will be a good one in the car business.
While preparing to head to Las Vegas for the annual National Automobile Dealers Association (NADA) convention, I read an item that gave me pause.
For the past several months, I’ve been discussing the trend of declining net profitability in used vehicle departments with dealers.
As any regular reader here might know, I think a lot about the ways dealers can, and should, make money.
I trust that you were able to capitalize on last year’s rising tide of used vehicle sales.
A three-store dealer in the Southwest recently got worried about a drop in the Provision ProfitTime Investment Score for his used vehicle inventory.
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Comment: 3195 Days Ago