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recruiting

How GM Brandon Apon is modifying recruiting strategies to attract more...

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It’s crucial for car dealers and managers to understand what’s going on in each department of the dealership. For Brandon Apon, the General Manager...
LMP Automotive

LMP Automotive sells more assets, seeks approval for plan of liquidation

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LMP Automotive Holdings, Inc. and its affiliates announced on Monday that it has entered into an all-cash asset sales agreement to sell several automotive...
Wyler

How Jeff Wyler Automotive plans to use its innovative new retailing...

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Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the...
joint-ventures

The most significant and innovative automotive joint-ventures of 2022 so far

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Automakers are ramping up their joint-ventures, especially in 2022. Automakers are partnering with domestic and foreign suppliers of EV battery components to lower the...
electric cars

5 of the hottest electric cars on the market and 5...

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Electric cars are growing in popularity. With each coming month, more and more Americans are growing warmer to the idea of owning an electric...
Carvana

Carvana posts $439 M net loss for Q2, sales volume increases

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Last Thursday, Carvana completed its second-quarter earnings call between the company, shareholders, and analysts to discuss performance and corporate activities. According to an official...
Automotive Ventures EVs startups connected car Buick CES

Agency model presses on in markets outside of the U.S. plus...

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Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
hope

How to find hope and embrace the challenges of life —...

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In his brand new book, “Fireproof Happiness: Extinguishing Anxiety & Igniting Hope,” Dr. Randy Ross makes the case that hope and happiness are integrally...
mergers and acquisitions

Dealership mergers and acquisitions keep going strong in July

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Profit levels are rising even with high inflation and increasing interest rates. This has prompted many dealerships to merge or completely acquire others. July...
car repossessions

Auto loan defaults and car repossessions are rising—should car dealers be...

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Dealership owners are concerned as repossessions continue to increase. According to the Cox Automotive Industry Insights 2021 presentation, repossession in 2020 was the lowest in...