According to the 2020 NADA Data Financial Profile, dealers commonly expect around three of every ten dollars of net profit to be generated by the service department. Another goal that’s...
Featured Interview:
NAMAD Pres. Damon Lester discusses recent growth in minority-owned dealerships
Minority-owned dealerships are on the rise according to recent numbers from the National Association of Minority Automobile Dealers. As 2020...
The automotive sector has been hard-hit by the COVID-19 pandemic. Not only were OEM supply chains adversely impacted by the virus and the loss of critical resources, but Tier 1,...
Welcome to another edition of Dealer Advantage. In this segment, Lori Wittman, SVP Dealer Software Solutions, Cox Automotive, hosts a conversation with Linda Crossman of Byers Auto Group, about exploring...
On today's show, we're pleased to welcome David Lewis, President, and CEO of David Lewis and Associates, and the host of Straight Talk right here on CBT News. Lewis begins...
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Serra Automotive ranks among the top 10 privately-held retail automotive groups in the nation. With 51 car dealerships, representing 63 auto franchises, our guest today certainly has his finger on...
Have you ever felt like there wasn’t enough time in a day? Of course, we all have!
What if we maximized every minute of our day versus trying to manage it?...
Cox Automotive released its latest auto market weekly summary Monday and while some trends continued, others slightly veered off course. Jobless claims were up, consumer sentiment and retail sales for...
If there’s one thing that dealers have learned in the past 17 months, it’s how to be adaptable. Aside from a select few instances, the business of selling cars was...