News
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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Pearl Technology Holdings plans to unveil a ‘next-generation’ used-vehicle sales platform at this month’s NADA convention.
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Billed as the first digital assistant designed specifically for auto retail, vAuto’s Nexi was designed to drive efficiency in inventory management and sales.
Read More →The business unit began offering commercial loan products in June 2011, primarily in the East Coast. It had since expanded into the Midwest prior to today’s announcement.
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Jaguar Columbia is one of 16 dealerships to receive the award out of Jaguar’s 338 U.S. retailers. Since being purchased in 2014 by Peacock Automotive, the dealership has seen an increase in sales of 75%.
Read More →More than 350 U.S. dealers earned recognition in Edmunds’ sixth annual Five Star Dealer Awards, including 25 Five Star Premier designants.
Read More →‘Why Service Absorption Is a Dangerous Number’ offers a detailed guide on how to grow service profits using revenue per units-in-operation.
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Cox Automotive’s new connected retail platform was designed to connect the online and in-store process to drive faster car deals.
Read More →The foundation’s board of trustees has approved plans and funding for a largescale workforce initiative aimed at promoting the value of dealership jobs. Fundraising is set to begin in 2019.
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If you are an executive general manager making $500,000 a year, this video is not for you. If not, listen up, because Jim Ziegler is here to help. In an exclusive to Auto Dealer Today , the Alpha Dawg lists the 20 Things a GM Must Do Every Week to become an executive GM, take your dealership to new heights, and maximize your personal income. Click here to read the story.
Read More →The spring selling season got off to an early start, leading to a slight month-over-month uptick in the firm’s Used Vehicle Retention Index. The big question is how the harsh weather that has recently struck parts of the country will impact values moving forward.
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