Tag: car dealers
What does the new year have in store for the auto...
On the heels of a robust and profitable year for many in retail automotive, our attention now turns to what dealers should be focused...
U.S. car preferences remain conservative and traditional, according to Deloitte study
Americans prefer to keep their transportation options more traditional than most other countries. That’s what the 2022 Global Automotive Consumer Study by Deloitte discovered,...
How far should you go to get a deal approved?
It’s a busy Saturday at your dealership and the sales desk sends a deal to you for your opinion on which bank will buy...
Will the upcoming tax season make or break used car sales?
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
December auto sales underwhelm due to shuttered supply chain
The U.S. auto sales volume is below 15 million for the second year. Cox Automotive forecasts that December 2021 will have a sluggish showing...
Meta’s Bob Lanham on where to focus your car dealership’s marketing...
How are your marketing dollars being spent in this new year? With so much transformation happening in and around retail automotive, it may be...
Will the automotive retail industry ever really go ‘back to normal?’
As soon as it all gets 'back to normal' is a phrase that we have heard time and time again throughout the COVID-19 pandemic....
Why Effective Labor Rate is the KPI car dealers should keep...
Recently we discussed the top KPIs you should monitor to ensure maximum profit in the New Year. One of the most important to consider...
Managing risk in data collection and compliance
Instances of auto fraud are on the rise, and some are for incredibly costly transactions. A Texas man has been recently convicted of wire...
2021: Auto industry stories that made headlines
As always, this year has been an interesting one as the auto industry has continued to struggle with shortages and delays, but there have...