As dealers grapple with the impact that electric vehicles will have on their business, the one topic that is often glossed over is, what will these vehicles do to the...
Sonic Automotive has announced all-time record revenues and gross profit for the second quarter. The fortune 500 company based in Charlotte, North Carolina is reporting record Q2 earnings of $3.7...
Welcome to this episode 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...
We know that successful dealership operations primarily rely on strong vehicle sales, but manufacturers cannot produce enough cars to satisfy consumer demand. Today on Inside Automotive, Jessica Caldwell, Edmunds Executive Director of Industry Insights,...
According to the National Association of Minority Automobile Dealers (NAMAD), the number of minority franchised dealerships rose by almost 9% from 2020 to 2021. There were a little over 1,250 minority...
Dealerships are always looking for ways to drive efficiency and profits further by adding new technologies. Back in June of 2021, Proactive Dealer Solutions launched Brooke.ai, automotive's first digital voice assistant that can...
We're in a new era when it comes to dealership inventories, and everyone is searching for a better way of buying and selling vehicles. We wanted to spend time today...
Automotive dealers are challenged now, more than ever, with very limited supply. And while it is limited across the board, that isn’t stopping dealers from seeing record-breaking profitability. Today on...
In a recent Think with Google "At a Glance" article that may have popped into your inbox, they discussed five key strategies to better car ads.
You may want to check...
Are you wondering if now is the time to sell your car dealership or even acquire an additional one? Today on Inside Automotive, we’re joined once again by Alan Haig,...