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Dealer ManagementDealer/GM NewsInventory ManagementOwnershipPre-Owned Sales & Marketing StrategiesSales & Marketing
November Mid-Month Update: Used Vehicle Depreciation Slows Considerably
November mid-month update from NADA. After diving by 3.5% on a prior month basis in October, used vehicle depreciation eased up substantially over the first half of November with prices falling by 1.2%, a figure in line with NADA’s full-month targe
Nov 22, 2013
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Body ShopDealer ManagementDealer/GM NewsFixed Operations NewsLeadershipOwnershipPre-Owned Sales & Marketing StrategiesService
What is Your Higher Purpose, Your Noble Mission? Part 2
Last month’s article generated such good feedback that I decided to devote another one to the same topic. The takeaway from my September article was that money doesn’t motivate everyone. Oh sure, money is important, but most people also want to k
Nov 22, 2013
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Body ShopDealer/GM NewsFixed Operations NewsLeadershipOwnershipPre-Owned Sales & Marketing StrategiesService
Processes and the Strength of your Fixed Operations
As an overall view of Service, Parts, and Body Shops, many managers struggle with attaining the desired results as because they simply don’t have strong enough processes. Having been a Fixed Operations Director, I understand how this can happen. At
Nov 22, 2013
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Dealer/GM NewsDigital DealerMarketing StrategiesPre-Owned Sales & Marketing StrategiesSales & MarketingSocial MediaTechnology
Advertisers Should Just Quit. Nothing Will Ever Top This Volvo Commercial
The latest Volvo commercial is going viral for good reason. Action star Jean-Claude Van Damme takes his 53 year-old body to the next level to showcase Volvo’s Dynamic Steering System. The stunt is in fact real. A Volvo rep confirmed that the sp
Nov 20, 2013
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Dealer/GM NewsDigital DealerMarketing StrategiesPre-Owned Sales & Marketing StrategiesSales & MarketingSales StrategiesTechnology
Millennials: Harder To Reach, More Impressionable
According to Marketing Daily, millennials are harder to reach and more impressionable. Reaching Millennials is harder than other generations — what with all their multitasking and connected devices — but the payoff for actually getting th
Nov 20, 2013
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Dealer ManagementDealer/GM NewsDigital DealerExpense ManagementF&I ManagementFinance & Insurance NewsLeadershipOwnershipPre-Owned Sales & Marketing StrategiesSales & Marketing
Technology and Herding Cats
Supervising the accounting office was my least favorite tasks as a CFO/controller. I’d rather create a new spreadsheet or write a report on our DMS system. I used the phrase “herding cats” to describe the difficulty involved in coor
Nov 19, 2013
VW recalling 80,000 Tiguan SUVs and Jetta Hybrids
VW recalling 80,000 Tiguan SUVs and Jetta Hybrids, according to The Detroit News. Volkswagen AG is recalling more than 80,000 vehicles in North America for electrical issues. The German automaker told the National Highway Traffic Safety Administratio
Nov 18, 2013
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Dealer/GM NewsDigital DealerGeneralMarketing StrategiesPre-Owned Sales & Marketing StrategiesSales & MarketingTechnology
The Grand Conspiracy of SEO Agencies
The grand conspiracy of SEO agencies, according to iMediaConnection. Search engine optimization isn’t always about getting better listings in search engines. More frequently, SEO is quietly rescuing second-rate websites. Most websites are secon
Nov 14, 2013
NHTSA Team to Review 3rd Tesla Vehicle Fire
NHTSA team to review 3rd Tesla vehicle fire, according to The Detroit News. The National Highway Traffic Safety Administration is sending a team of investigators to review a charred Tesla Motors Model S electric vehicle in Tennessee — the third bat
Nov 11, 2013