Tag: automotive industry
Entrepreneurial strategies to scale your dealership — Jay Abraham | The...
Dealership managers often struggle to scale their products or services in affordable way, especially when operating independently or in their first few years of...
What falling dealership values mean for the future of M&A
Dealership values remain higher than before the pandemic but have started to decline in the latter half of 2023. This has led some to...
(Presumed) tough times mean a back-to-basics approach
The R-word. The one no dealer wants to hear and well…none of us want to think about it.
Recession.
And though most economists are saying we’re...
Volkswagen to hit U.S. market with EV priced under $35,000
On November 9, Volkswagen announced its plans to launch an electric vehicle (EV) under $35,000 in the United States within the next two to...
Biden attended United Auto Workers event, endorses plan to organize non-union...
President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the...
The entrepreneurs and investors leading the automotive tech revolution
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent...
How car salespeople can save and invest consistently when making a...
The challenge of committing and remaining consistent with investment savings aside from your 401k when your money is dominated by commission-based income.
A difficult challenge...
Social media savvy: building an engaging online presence for your dealership
In today's digital age, it is imperative for businesses, including car dealerships, to have a strong online presence. Social media platforms offer a unique...
Used vehicle prices reverse course after August, September gains
Wholesale used vehicle prices declined slightly in October as the market continued to fluctuate in response to the post-pandemic economy.
According to Cox Automotive's monthly report,...
Where dealership groups stand heading into Q4 — Jeff Dyke |...
At the end of October, Sonic Automotive held its third-quarter earnings call with shareholders, sharing details of its performance over the period and setting...
