Sales & Variable OPS
New Research: One Third of Consumers Plan to Hit the Road for Winter Holidays; One in Six to Put Over 1,000 Miles on Odometer
With gas prices at five-year lows, a new survey from DMEautomotive shows that car travel is the way to go for 35% of travelers over the winter holidays; and these consumers are making sure their ride is safe: 90% plan pre-trip maintenance Daytona Beach, FL – December...
Loan Amounts Reach Record Highs in Q3
Loan Amounts Reach Record Highs in Q3, from F&I Magazine. The average dollar amount for both new and used vehicle loans reached all-time highs in the third quarter of 2014, according to Experian Automotive’s latest State of the Automotive Finance Market report. The...
New Auto Group to Sell Cars Online Using Breakthrough Technology
New Auto Group to Sell Cars Online Using Breakthrough Technology, from Sys-Con Media. Two life-long friends, Katie Bowman Coleman, owner of Bowman Chevrolet in Clarkston, MI and Sam Slaughter, owner of Sellers Buick-GMC in Farmington Hills, MI have merged their...
Leading IT With Dealers and Customers in Mind
Leading IT With Dealers and Customers in Mind, from CIO Insight. At Asbury Automotive, CIO Barry Cohen leads the IT organization with dealers and customers in mind, and is making IT a broader driver of value to the company. Asbury Automotive is a $5.3 billion...
As family dealership owner, she’s the top ‘nice guy’ at Soerens Ford
As family dealership owner, she's the top 'nice guy' at Soerens Ford, from Milwaukee-Wisconsin Journal Sentinel. A family Ford dealership here is owned by a "nice guy" who just gave birth to her third child. As the fourth-generation owner of Soerens Ford, Stephanie...
Black Friday Deals Could Siphon Some Auto Sales from December
Black Friday deals could siphon some auto sales from December, from Automotive News. Analysts predict SAAR will rise to 16.8 million The Jacky Jones Lincoln dealership had a message for Black Friday shoppers: After picking up that big-screen TV, stop by and lease an...
Why Your Dealership Should Take the Cloud for a Test Drive
As a car dealership, you have goals you want to reach. Maybe you gauge your success by annual sales or by your salespeople reaching their monthly quotas. However you choose to manage (and measure) your profitability, there’s always room to grow. Whether you are...
Toyota’s Captive Faces CFPB, DOJ Enforcement Action
Toyota’s Captive Faces CFPB, DOJ Enforcement Action, from F&I Magazine. Toyota Motor Credit Corp. revealed last week in a regulatory filing that it could face an enforcement action from the Consumer Financial Protection Bureau and the U.S. Department of Justice....
Germain Motor Company Redefining the Customer Experience Pays Off
Jessica Germain is redefining the “customer experience” at Germain Motor Company and it is paying off in a big way. Year-over-year sales are up, overall profits are up and the group is expanding its footprint with a growth strategy that includes acquiring new...
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