How do regulations benefit customers? | Why the Auto Retail Market is Doing Great | Anticipating Trends vs Forecasting | Dealership’s Response to Panhandler Goes Viral

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On today’s CBT Newscast for Wednesday, June 21st, 2017:

How do regulations benefit customers?
Joe sits down with Steve Roenneau, VP of Compliance for EFG Companies, to discuss simplifying the sales process for customers, industry regulations, and F&I Manager training. Watch Now

Why the Auto Retail Market is Doing Great
For months — and really, for about two years — analysts and certain media outlets have been drumming a steady beat about a downturn in the US auto market. The beat was off for both 2015 and 2016, when annual sales set records of 17.5 million and 17.55 million, respectively. But that’s a red-hot sales level, well above the so-called “replacement rate” in the US — the normal churn of old cars being replaced by new ones… Read More

Marketing Without 5-Year Forecasts Key to Success and Growth
Vince Sheehy, president and CEO of Sheehy Auto Stores, isn’t a big fan of long-term planning. Instead, Sheehy, who oversees 24 stores with annual sales of more than $1 billion, tries to anticipate trends rather than “wasting” his time looking five years into the future. Read More

Metro Detroit Dealership’s Response to Panhandler Goes Viral
A Brighton car dealership’s bold statement toward a panhandler that is often seen outside its doors is turning heads. Read More

 

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