Every dealership has a process for selling cars and managing people. Top leaders get more out of those processes by starting with the attitude and energy they bring each day....
While the auto retail landscape is rapidly changing, dealers are navigating margin pressure while seeking new ways to drive profitability. On today’s episode of Inside Automotive, Jeff Rosen, President and...
On the Dash:
Tight inventory and falling days’ supply will continue to pressure sourcing and reconditioning strategies.
Strong seasonal demand reinforces the importance of pricing discipline and inventory turn.
Limited...
Carvana has officially entered the new-vehicle sales market with the acquisition of a franchised dealership in Arizona, a major shift for the online retailer known for selling only used cars...
Online used car retailer Vroom is shutting down its digital retail business following a struggle to raise funds in an increasingly competitive environment. Joining us today on CBT Now to...
For many franchised car dealers, the used car department significantly contributes to the bottom line. These sales are even more fundamental to independent automotive retailers. But there’s more to success...
Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February.
According to the report, this is the largest monthly gain for February since 2009, although average values...
January auto sales are off to a strong start, but they show a possibly altered retail situation for dealers. The automotive industry is facing a variety of unexpected but impactful...
A new Cox Automotive report reveals that the used-car market continually shrunk throughout 2022.
Using the Manheim Used Vehicle Value Index, Cox Automotive's preferred tool for measuring price fluctuations, the company...
With used car sales outnumbering new car sales by nearly three times the amount, it’s important that your dealership understands how best to deal with the pre-owned inventory. When you...