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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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The latest Blue Sky Report from Kerrigan Advisors counts 200 transactions in the first half of 2017 and predicts increased dealership buy/sell activity in Q3 and Q4.
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When sales plateau, service and parts revenue becomes paramount. Use this three-part plan to optimize your fixed ops revenue.
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Check out five states NADA Data indicates could be the ideal location for your next dealership.
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Rasmussen is highly regarded for the breadth and depth of his industry knowledge and experience in representing major players in car, truck, bus, and motorcycle sales, finance, and technology. He counts the California New Car Dealers Association as one of his former clients.
Read More →New research by Xtime shows a connection between online service-appointment scheduling and customer loyalty.
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The Lincoln Experience Center at The Star near Dallas offers a plush, luxurious space for potential clients to learn about the brand at their own pace.
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The new website widget calculates and displays six different payments to vehicle shoppers in under three seconds, according to company officials. It is designed to work within the search results page and vehicle details page levels of a dealer's website.
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General Motors dealers who sell non-GM service contracts, parts and accessories must now disclose to their customers that the products are not backed by the automaker. Dealers who don’t comply face possible termination of their franchise agreement.
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Basing your hiring and retention decisions on familiarity with dealership systems could cause you to miss qualified applicants.
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F&I and Showroom and F&I Express announced 13 finalists in five categories for the first-ever F&I Digital Media Awards.
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