TSLA400.648-9.342%
GM72.385-0.715%
F13.1250.095%
RIVN12.885-0.465%
CYD50.200-0.24%
HMC25.3500.14%
TM186.260-1.11%
CVNA62.190-3.83%
PAG159.285-0.465%
LAD258.490-6.4%
AN179.630-2.31%
GPI311.270-5.91001%
ABG179.1902.91%
SAH74.5000.44%
TSLA400.648-9.342%
GM72.385-0.715%
F13.1250.095%
RIVN12.885-0.465%
CYD50.200-0.24%
HMC25.3500.14%
TM186.260-1.11%
CVNA62.190-3.83%
PAG159.285-0.465%
LAD258.490-6.4%
AN179.630-2.31%
GPI311.270-5.91001%
ABG179.1902.91%
SAH74.5000.44%
TSLA400.648-9.342%
GM72.385-0.715%
F13.1250.095%
RIVN12.885-0.465%
CYD50.200-0.24%
HMC25.3500.14%
TM186.260-1.11%
CVNA62.190-3.83%
PAG159.285-0.465%
LAD258.490-6.4%
AN179.630-2.31%
GPI311.270-5.91001%
ABG179.1902.91%
SAH74.5000.44%


Can everyone be innovative at your dealership, or is that just for the creative tech-minded people?

Innovation
When it comes to innovation, there are two options dealerships try: demanding it from their employees and encouraging it from them. If your dealership does the latter, then according to Paul Faletti (CEO and President of NCM Associates) you’re on the right path to creating a culture that welcomes unusual ideas.

Faletti offers three ways to to make that culture happen.

Number 1: Get everyone invested. Paul suggests encouraging your employees to feel a strong and deep-rooted commitment to your dealership, so consider going to events with your team. Encourage camaraderie and collaboration. If all else fails, try performance-based bonuses as motivation.

Number two: Share your knowledge. Your dealership is a business of information and experience. Paul says even though some things might be private the true value in knowledge comes when you share it with your employees.

Number three: Take risks…but how can you do that as a dealership? Paul reminds us that encouraging ideas and sharing those ideas during meetings is important. Invest in one of them. Try a new marketing strategy. Offer a new promotion.

Whatever the idea, make a small investment in testing it and see what happens. The results might surprise you and your willingness to try something new–even if it fails—may drive the next big thing in your dealership.


More from Daily Automotive News
GM hits the breaks on electric trucks as reality crashes the EV party

GM hits the breaks on electric trucks as reality crashes the EV party

- May 18, 2026
For years, Americans have been told the future of driving is settled. Electric vehicles would take over, gas engines would fade away, and anyone questioning the timeline was “anti-progress.” That...
Ken Ganley Auto Group acquires Mercedes-Benz of Bedford in Ohio from Penske (1)

Ken Ganley Auto Group acquires Mercedes-Benz of Bedford in Ohio from Penske

- May 15, 2026
Ken Ganley Auto Group has acquired Mercedes-Benz of Bedford in Ohio from Penske Automotive Group. The transaction closed on May 6, 2026, and the dealership will retain its name and...
Garber Automotive Group acquires Grieger's CDJR in Valparaiso, Indiana

Garber Automotive Group acquires Grieger’s CDJR in Valparaiso, Indiana

- May 14, 2026
Garber Automotive Group has acquired Grieger's Chrysler Dodge Jeep Ram in Valparaiso, Indiana, from Grieger's Motor Sales, Inc. The dealership will remain at its current location and has been renamed...
Why the military just called Detroit's Big Three automakers

Why the military just called Detroit’s Big Three automakers

- May 14, 2026
There’s a conversation happening behind closed doors in Washington that should make every American pay attention, and it has nothing to do with EV mandates or fuel economy targets. This...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.