TSLA353.2804.33%
GM76.330-0.09%
F12.080-0.05%
RIVN15.7150.2851%
CYD45.1802.4%
HMC24.1250.085%
TM210.040-0.6%
CVNA348.84012.53%
PAG155.490-0.63%
LAD277.1304.03%
AN199.335-1.185%
GPI336.210-1.93%
ABG205.2701.27%
SAH66.810-1.25%
TSLA353.2804.33%
GM76.330-0.09%
F12.080-0.05%
RIVN15.7150.2851%
CYD45.1802.4%
HMC24.1250.085%
TM210.040-0.6%
CVNA348.84012.53%
PAG155.490-0.63%
LAD277.1304.03%
AN199.335-1.185%
GPI336.210-1.93%
ABG205.2701.27%
SAH66.810-1.25%
TSLA353.2804.33%
GM76.330-0.09%
F12.080-0.05%
RIVN15.7150.2851%
CYD45.1802.4%
HMC24.1250.085%
TM210.040-0.6%
CVNA348.84012.53%
PAG155.490-0.63%
LAD277.1304.03%
AN199.335-1.185%
GPI336.210-1.93%
ABG205.2701.27%
SAH66.810-1.25%


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
Volkswagen's profits surge

Volkswagen’s profit collapse singals a reality check for auto industry

- April 13, 2026
For years, automakers and policymakers pushed a narrative that the future of the auto industry was clear, inevitable, and electric. That narrative is now colliding with reality. The latest financial...
Fox Motors to acquire Maple Hill Auto Group dealerships in Kalamazoo, Michigan

Fox Motors to acquire Maple Hill Auto Group dealerships in Kalamazoo, Michigan

- April 13, 2026
Fox Motors, a Grand Rapids-based dealer group operating nearly 50 locations across Michigan, has signed an agreement to acquire Maple Hill Auto Group, a multi-franchise, family-owned dealership operation in Kalamazoo....
Diehl Automotive

Diehl Automotive adds two Ohio stores with acquisition of Firelands Toyota and Volkswagen of Wooster

- April 9, 2026
Pennsylvania-based Diehl Automotive Group has expanded its Ohio presence with the acquisition of two dealerships in Wooster, Ohio from Firelands Auto Group, with the transaction closing March 31, 2026. The...
Luther Automotive acquires Eich Mazda & Volkswagen in Minnesota

Luther Automotive acquires Eich Mazda & Volkswagen in Minnesota

- April 7, 2026
Luther Automotive Group acquired Eich Mazda and Eich Volkswagen in St. Cloud, Minnesota from Linda Eich-Desjardins in a transaction advised by Performance Brokerage Services. The dealerships will continue operating under...
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.