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Trending Auto Retail News

Obtain a SaaS Valuation with Subscription Revenue

Obtain a SaaS Valuation with Subscription Revenue

Have you ever noticed how the market values dealerships versus how it values Software as a Service (SaaS) businesses that derive income from the same automotive revenue stream? SaaS businesses such as CDK trade at mid-20x P/E ratios while dealers trade at 4-6x...

When Digital Starts Winning, Fight Back

When Digital Starts Winning, Fight Back

In the last few years, a war between dealerships and independent service centers over consumers has fueled a competitive fire.  At stake is millions spent by consumers on retail service and, perhaps, the survival of many dealerships.  The marketing weapon of choice...

LEASE CREDIT APPROVAL RATES DROP SLIGHTLY TO 69.8% IN SEPTEMBER

LEASE CREDIT APPROVAL RATES DROP SLIGHTLY TO 69.8% IN SEPTEMBER

Lease Approval Ratings Drop by 3.9% in the Month of September after Steady Increases over Previous Four Months CINCINNATI, OHIO (October 16, 2018) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 69.8%...

Podium Named to Forbes’ Next Billion-Dollar Startups List

Podium Named to Forbes’ Next Billion-Dollar Startups List

LEHI, UTAH - October 15, 2018 – Podium , the leading customer communication platform for local businesses, has been named to Forbes’ Next Billion-Dollar Startups list for 2018 . An elite group of 25 companies, the list highlights those that members from Forbes’...

Auto/Mate Integrates DMS with DocuBizz

Auto/Mate Integrates DMS with DocuBizz

Invoice workflow solution streamlines accounts payable processes in auto dealerships Albany, NY – October 15, 2018 – Auto/Mate Dealership Systems has integrated its dealership management system (DMS) with DocuBizz, experts in automated invoice workflow solutions....

If I Out Call You, I’ll Out Connect You

If I Out Call You, I’ll Out Connect You

At its core, sales is a numbers game. It always has been and always will be. If you’re selling the same product that others are selling, you can only expect to close a percentage of customers that come into your store. In our industry, top performers close 50 to 60...

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