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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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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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According the new analysis, global light vehicle sales are now forecast to be 69.6 million units this year in the wake of the pandemic.
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The upstart charity, F&I Providers Relief Fund for F&I Managers, has announced its 7-member board of directors and a $1 million fundraising goal to help professionals in the F&I industry facing hard times.
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When Tony Wanderon of National Auto Care decided to launch a relief fund for F&I professionals, it was a personal thank you to all that F&I professionals have done to take care of providers in the past.
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NADA brings the best of the annual NADA and ATD Shows directly to your dealership with on-demand recordings of all 2020 Show workshop session presentations.
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PureCars has released a COVID-19 report for auto dealers, filled with data, tips and trends..
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After weeks of high no-sales rates, this past week we started to see some small signs of improvement with some auctions around the country reporting conversion rates reaching 40% or more.
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Integration of C&K Auto Parts and PCMI will empower TPAs by giving them a streamlined and efficient process to research pricing, create and document quotes, and order parts all in one place.
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Team leverages turnaround experience gained during Great Recession to help dealerships survive in wake of COVID-19.
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GMs need to keep employees excited, not just present.
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NIADA calls $310 billion infusion for small business loan program ‘vital’ for independent vehicle dealers.
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