Top Stories
Trump signs memo backing Americans’ right to repair their own cars. Read More
Toyota global sales fall for fourth straight month, EV sales rise 170%. Read More
Ford rehires veteran engineers after AI quality push falls short. Read More
GM bets big on Spring Hill, TN plant with $275 million investment. Read More
Featured Interviews
Dave Mondragon on how dealers can compete through collective scale
With dealership profits tightening and competitive pressures mounting, many retailers are looking for new ways to improve their bottom line. During today’s Inside Automotive episode, Dave Mondragon, Founder and CEO of AutoTrust Dealer Alliance, explains why he believes dealers don’t have a profit problem as much as a leverage problem, and how collective scale can help close the gap. Watch the full segment here.
Unlocking hidden income in a dealership’s reinsurance program
Many car dealers are missing out on extra money, and most don’t even know it. The gap shows up in something called investment income. Joining us on today’s episode of Training Camp, Rob Johnson, Vice President of Sales at Ascent Dealer Services, explains how it works. When a dealer sets up a profit participation program, where the dealer owns a share of the reinsurance company that backs their F&I products, like warranties, the money comes from two places. Watch the full segment here.
