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Latest in: Leadership

Partner Counseling

When I met Patricia I was head over heels in love, totally committed; crazy beyond recovery. We came…

News October 30

The Hidden Costs of your Supplier Base

There are many costs to running a successful dealership. To name a few: rent, labor, benefits, DMS systems,…

News October 23

A View from the Inside Out

Solid advice from a successful dealership manager As I sat down to write this month’s  article searching for…

News October 16

Fight Rising Insurance Rates

Some time ago I predicted that in 2012, the dealership insurance market would become “schizophrenic.” I could not…

News October 11

Three Reasons Classified Sites are Necessary for Used Vehicle Merchandising

If I want to purchase a book, my first stop these days is Amazon.com. If I want to…

News October 11

Have Blue Sky Multiples Peaked?

The buy/sell market has picked up considerably from the low it hit in 2009. That said, we at…

News October 9

So Many Cars, So Few Dealerships: It’s the Perfect Storm!

Over 4,500 dealerships closed their doors in the past 10 years. That means there are 4,500 fewer service…

News October 8

The Year of Enforcement Continues: The CFPB’s First Enforcement Action and its Implication for Auto Dealers

The Consumer Financial Protection Bureau (“CFPB”) entered into its first enforcement action consent decree with Capital One Bank…

News October 4

Gold in Old (and I Don’t Mean Old Cars)

Let’s look at a few facts about senior citizens. Most of them are retired, stable, honest, smart, available…

News October 4

Online Listings: How to Turn Shoppers into Buyers

It’s no secret that the action is online.  According to Kelley Blue Book Market Intelligence, 36% of new-…

News October 3