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Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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ADT Magazine
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SEARCHMENUSEARCHWhile new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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What’s your team capable of? If you think about it, the most powerful resource you have to build or grow your business are the people you pay to work with you — if you would just get out of their way and let them work.
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Maybe resistance is not a definitive stance against you and what you are trying to do, but a desire to understand your thinking.
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IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
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U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.
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The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
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To be the better, more profitable dealer, know your products.
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The automaker ranked 10 places higher than a year ago after easing up on its high-pressure sales program.
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Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.
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Independent dealers will benefit from a nationally recognized endorsement of their CPO program.
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Mike Manely will take over as CEO of AutoNation as current CEO Mike Jackson retires Nov. 1.
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