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Daily Newscast: Sales above normal despite slow down | Manager Do’s and Don’ts | Truck & SUV profits holding strong | Ways to reduce turnover

 

In today’s CBT Newscast for Monday April 10, 2017:

Auto sales still above normal despite slow down
Jennifer Caldwell, Senior Analyst Edmunds.com reports on the decline in auto sales over the past month. Down 2% from 2016, March was disappointing for dealers but still above normal on average. “What we are seeing is a slow down off a record year,”… Watch Now

5 Things The Best Managers Do And Don’t Do
Excellent managers come in all shapes and sizes. They can be loud and quiet, extroverted or introverted, Type A or calm.  Their management style can be as unique as personalities.  But while elements of personal style may vary, there are absolutes one can point to about management substance.  Accordingly, here are 5 things the best managers do – and don’t do. Read More

Truck & SUV profits holding strong as car sales decline
In this interview from CNBC, Karl Brauer, Kelley Blue Book, says cars, unlike trucks, are not giving automakers the profits they want to see. Watch Now on CNBC

2 changes to improve employee turnover at your dealership
Word has it that many dealers are still having problems finding and keeping ‘good’ salespeople. According to the 2016 NADA Dealership Workforce Study, the average turnover rate for salespeople is 67 percent, and as high as 72 percent at non-luxury dealerships… Read More

 

Sources: Forbes, CNBC

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CBT News
CBT News
For over 10 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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