Tag: inventory
Struggling Rental Car Market Could Be Solution for Pre-Owned Inventory
After more than a century in business, Hertz Global Holdings Inc. filed for bankruptcy on May 22, 2020. The Estero, Florida-based corporation operates more...
CBT News Week In Review: November 15, 2019
CBT News Week In Review for Friday, November 15th, 2019:
Dennis McGinn and Jon Burkeen Discuss the Best Ways to Manage Your Recon Process
I'm very...
How Dealers Can Trim Down Their New Vehicle Inventories this Fall
As retail vehicle sales begin to slide, it is more important than ever to get lean headed into the slower-selling fall season. Coming off...
How Zeigler Automotive Group Continues to Expand Successfully into Larger Markets...
We welcome Aaron Zeigler, President of Zeigler Automotive Group, to CBT Automotive Network. Aaron discusses the expansion of their operations to 25 dealerships and...
Discontinued Cars Could Mean Big Profits for Service Departments
Things in the automotive industry are constantly changing. From one year to the next, it is difficult to tell what the most popular vehicle...
Why the Age-Based Pricing Model is an Outdated Investment Tool
In a recent news article, Cox Automotive SVP Dale Pollak shared a sneak peak of what he promises to be better metrics for determining...
Dealers & Experts Discuss Inventory Holding Cost Erosion
Whatever the differences among franchise, independent, and Buy Here-Pay Here dealerships, asset depreciation erodes margins for all.
Dealers must manage two forms of depreciation –...
What is the best solution long term for your inventory?
It was a trending topic from dealers all over the U.S. last year: inventory isn't moving off your lot fast enough. As a result,...
Five Improvements to Make your Parts Department Operate More Efficiently
Manage Your Inventory
Unfortunately, there is still a lot of guesswork that goes into inventory planning at many dealerships. This does not have to be...
WardsAuto’s Haig Stoddard on Lagging Inventory | Waymo CEO John Krafcik...
On today's CBT Newscast for Tuesday, November 14th, 2017:
WardsAuto's Haig Stoddard on Lagging Inventory
If your dealership is hoping the last two months of 2017...