General Motors CEO Mary Barra experienced a pay raise in 2020. Barra remained the highest-paid CEO of the major Detroit automakers last year, earning $23.7 million, a 9.4% jump in...
Edmunds recently released a report showing the latest average value for all used vehicles. During the month of March, it appears these numbers reached an all-time high, hitting $17,080, which is...
The Q1 2021 earnings call for Ford investors might’ve taken some by surprise. Ford Motor Company reported their strongest first-quarter earnings in a decade, bringing in a net income of...
CHARLOTTE, N.C.-- Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2021. The financial...
One of a dealership’s biggest challenges is tailoring its operations to fit customer needs. In January, JD Power’s Executive Vice President of Strategic Development, Tim Copacia, facilitated a meeting between...
According to data from CARFAX, the number of vehicles on the road with open recalls declined by 5% in 2020. However, more than 53 million vehicles continue to operate on...
Chip shortages, factory shutdowns due to COVID outbreaks, and a lack of used car inventory from rental companies are all combining to create supply challenges on dealer lots nationwide. However,...
Just 19 months after the Trump administration revoked California’s ability to set emissions standards that are stricter than the rest of the nation, it’s slated to be undone. On Monday,...
What would it mean to you as a leader to consistently perform at or near your best? And what if you could learn to influence your team and family to...
Marketing and advertising your dealership can sometimes get complicated. Do you do TV commercials or YouTube? Is online important, or should you ignore it? What about the budget?
Often, effective marketing...