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Among bells and whistles, cars shift to buttons, knobs

Cars shift to buttons, knobs, according to USA Today. For generations, having an automatic transmission has meant using a lever on the car’s console or steering column to change gears. But with more electronic transmission controls eliminating
Aug 11, 2014

What Causes Dealer Bonds to Increase?

2014 is a year of changes for the auto dealer industry. As laws change and new bills get passed, it’s imperative to stay up-to-date on the latest requirements. One of the changes motor vehicle dealers must adapt to this year is the surety bond incr
Aug 11, 2014

Lighting up Your Environment and Safety

When thinking about safety at your facility, most often we consider safety procedures that we follow, and policies that are written to avoid tragedy or deal with them in the event of an incident. However, facility safety is a broad concept, including
Aug 11, 2014

Dealers as Hunter-Gatherers or Farmers – Where Do You Stand?

Here’s a question that’s had me thinking: Has the evolution of the automotive retail business reached a point where dealers need to stop hunting and start farming? The question came to mind during a conversation with Jamie Haruch, an industry ana
Aug 8, 2014

Deal Competition Creates Good Buyer Behavior and High Prices

The dealership seller’s market remains incredibly robust. Despite our industry’s slowing growth rate (1% increase in sales year over year in June 2014), dealership profits remain high and buyers are willing to pay big blue sky multiples on high p
Jul 31, 2014

9 Advanced – and Ethical – Techniques for Spying on Your Competitors Online

9 advanced and ethical techniques for spying on your competitors online, according to Entrepreneur. Want to spy on your competitors? The information you need is publicly available and freely accessible. In this article, I’ll show you the tools and
Jul 31, 2014

Momentum… and an Off-the-Wall Idea that Might Make you Money

lab·y·rinth ˈlab(ə)ˌrinTH/ noun 1. a complicated irregular network of passages or paths in which it is difficult to find one’s way; a maze. It’s official, almost everyone that is looking for an easy, direct passage to a set of keys from
Jul 30, 2014

Customer Profiling in the Digital Age

Recent technological innovations in data collection and customer feedback have been a boon to automotive dealers, providing them with a treasure trove of information to which they never before had access. Faced with a plethora of data, many automotiv
Jul 30, 2014

No Matter What You’re Selling, This Strategy Should Do the Trick

No matter what you’re selling, this strategy should do the trick, according to Entrepreneur. There are no shortage of instructional sales books. In fact, there are probably too many. The difficulty with most of the books is that they tend to te
Jul 30, 2014