Today on CBTNews.com – Tuesday, October 9th, 2018:
Auto Sales Down Slightly; September’s Winners and Losers – Jeremy Acevedo, Edmunds
On today’s edition of CBT News, Jim Fitzpatrick chats with Jeremy Acevedo, Manager of Industry Analysis at Edmunds, to discuss the winners and losers for September, as well as some market predictions if interest rates continue to rise. Watch Now
How to Keep Your Digital Vendors in Check
Every 30 days in the automotive industry, dealerships from coast to coast create their monthly financial statements they rely on to measure their operational results. I know this activity having intimately worked in our family dealership for 20 years with 10 of those responsible for the overall operational performance. This activity provided us with a clear understanding, department by department, of where we were sales and profit wise. We reviewed every line of the seven-page document at the management level and made decisions about what needed to change or improve to drive better results. Read More
Deloitte Insights: Digital Technology Can Improve Dealership Experiences
It is necessary for every business in every industry to invest in digital advances and upgrades in order to stay afloat these days. The automotive industry is no different, and with so many different tools available for consumers to use in their searches for vehicles, it is crucial for dealerships to utilize technological advances to make sure they are getting the most business possible. Read More