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Auto Retail News

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This Week in Social Media News: Week of October 10, 2016

This is a communication and collaboration network tool that aims to make work just as addictive as social media. The belief is that employees will be engaged when using the product.
Oct 11, 2016
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Lack of Time Can Be Costlier Than You Think

Working retail in the auto industry can certainly be taxing. Salespeople work 60-70 hour weeks to make a paycheck. Sales managers do so while also having to manage the sales team
Oct 11, 2016
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Seven Tips for Promoting Community Involvement

You've probably heard the term "Doing good is good for business." Many studies support this statement. Companies that become involved in their communities and support good causes
Oct 11, 2016
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95% of Dealers Leave This Back Door Open

When you're busy working on your computer, what do you do when you see a little pop-up message notifying you that it's time to download an update? If you're like most people,
Oct 11, 2016
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Will Your Dealership Survive the F&I Apocalypse?

F&I departments as we know them today are doomed, if they continue along the traditional path. To survive F&I in the brave new world of automotive retail they have to evolve from a transactional,
Oct 10, 2016
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3 Essential Pre-Owned Sales Recommendations

Every time I do a Twenty Group, Dealer State Association meeting, or anything where a group of dealers are gathered without their managers, I start hearing what used car managers will not do or adhere to,
Oct 10, 2016
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A Telling Dive Into Used Vehicle Inventory Age and Front-End Gross

For the past several years, I have encouraged dealers to retail at least 50 percent of their used vehicle inventory in less than 30 days.
Oct 10, 2016
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Two Common and Totally Preventable Causes of IT Downtime

Information Technology (IT) downtime is a common affliction in every industry, affecting businesses of all sizes. Downtime is frustrating and expensive. For the average auto dealership,
Oct 10, 2016
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The Next Steps with Millennial Car Buyers

Millennials are technically defined by anyone who was born between the years of 1980-2000 and is currently anywhere between 17 - 36 years old, give or take a couple of years.
Oct 10, 2016