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reconditioning

4 simple tips to improve your dealership’s reconditioning process

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How long does it take your dealership to recondition a used vehicle? If you are one of the top performers, the answer would be...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

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In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...
Despite this setback, GM remains optimistic, planning to cover the costs of its new contract with the UAW and even increase its dividend.

GM reports $1.1 billion hit from UAW strike but raises dividend,...

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General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss,...
words

5 powerful words to use when interacting with customers

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In the automotive industry, it's all about closing on a sale. Some people tend to convert every customer into a sale with decent grosses,...

Adapting to change: Being female-friendly in the service department

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Being female-friendly is a necessity these days in all industries, including automotive, because the American woman is one of the most powerful economic forces...
service advisor

5 focused strategies to bring a wayward service advisor back in...

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In the automotive realm, the salespeople are superstars, capable of selling big-ticket items. In most dealerships, however, the service advisor is responsible for generating...
Amazon Ads electric cars

Marketing tips for electric cars and alternative-fuel auto advertisers

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From microchips to lithium batteries, technology is revolutionizing the future of ground transportation. Electric vehicles (EVs) have now become top of mind for many...
Automotive Ventures EVs startups connected car Buick CES

Stellantis speeds towards ‘agency model’ for European dealer network

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Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Automotive Ventures EVs startups connected car Buick CES

GM’s regional fulfillment model for EVs and Mercedes-Benz’s subscription fees for...

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Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
service advisors

4 ways to measure your service advisors’ success

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You use valuable KPIs to track the success of your service department, but how is your service advisor stacking up? As the head over...