On today’s CBT Newscast for Monday, January 15th, 2018:
How to drive profitable growth in the service bay
Right now, there are more than 250 million gasoline engines on the road. Over the next 10 years, another 80 to 100 million will be added. We’re not going to flip the proverbial switch and electric vehicles are going to be in service bays. Jim Roche, Vice President of Marketing with Xtime, says they are coming, but instead of worrying about EVs right now, concentrate more on these things. Watch Now
Toyota CEO: U.S. getting out of NAFTA will raise price on vehicles
Paying attention to your local community is important. Those are the people that purchase vehicles from your dealership. Paying attention to the decisions lawmakers in Washington make isn’t as important. That is, until it affects your dealership and it’s customers. In an interview with CNBC, Jim Lentz, CEO of Toyota North America, was asked a hypothetical question: If the U.S. eventually pulled out of NAFTA, how impactful would it be to the automaker? Watch Now
Do cameras belong in dealership F&I offices?
We use video cameras for everything now. In fact, most dealerships have cameras monitoring their lots. But since the year 2000, the debate continues on whether the use of cameras for recording F&I transactions is a good idea or not. In a recent article from WardsAuto, Jim Dortch, President of Automotive Compliance Consultants, recommends his clients interested in cameras buy them as a training tool instead of for compliance. Read More