Today on CBTNews.com – Wednesday, October 17th, 2018:
Creative Revenue Streams You May Want to Consider at Your Dealership – Trevor Gile, Motorcars Honda
Bringing in-house revenue streams that your dealership would traditionally outsource could be the difference between a thriving business and one just making the cut, especially as the industry is seeing new car profitably drop nationally by an estimated $432. Here to discuss how you can build out a successful alternative for revenue and benefits that would follow is Trevor Gile, Managing Partner of Motorcars Honda out of Cleveland Ohio.
How to Take Advantage of the Peak Season Sales
Like most sectors, the automotive industry has its cycles. Generally, those selling cars can expect slumps in the winter and summer, with things picking back up in spring and fall. We’re currently in the midst of one of those natural peaks, which takes place from September through November and drops off when the holidays approach. This wave may be due to manufacturers releasing new models at this time. Cars can typically go for higher prices during this peak, and if a dealership is proactive they can leverage this period for even larger benefits and carry the successes of the season to the rest of the year. With that in mind, here are four ideas for maximizing this year’s peak season. Read More
Fixed-Ops’ Slant on Reconditioning
We sometimes lose sight that used cars should be the most profitable department in the entire dealership. The reconditioning staff can play a lesser or more significant role in that outcome. Fixed operations directors who sense and share in the frustration when recon isn’t an efficient machine know things can be better. Read More
