Wednesday, December 8, 2021
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Dale Pollak shares insight into current trends and economic impacts in...

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We have all been impacted by dwindling inventory in today’s market. While profits still remain high for many, what we are experiencing may be...
vaccine

The status of vaccine mandates in the auto industry

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After eight months of emergency authorization, coronavirus shots were finally approved by the FDA. For some auto workers, this was welcome news as they objected to getting vaccines without full approval from the government agency. In addition, the vaccine has been in use for a while now but only under medical supervision. So, many OEMs […]
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chip shortage

Chip shortage update: How it is affecting prices in the...

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On today’s show, we’re pleased to welcome Jessica Caldwell, Edmunds’ Executive Director of Industry Insights, to give us an update on the chip shortage and how it’s affecting prices in the new and used market. Caldwell kicks off the conversation, giving a brief overview of the current chip shortage situation currently happening. Caldwells says we’re […]
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buy-sell

Nov. Kerrigan Report: Buy-Sell transactions up 16% year-over-year

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On the latest Kerrigan Report for the month of November, Ryan Kerrigan, Managing Partner of Kerrigan Advisors joins CBT News to discuss the latest trends and market updates. In the buy-sell market, the number of completed transactions has increased to 186 this year, compared to 181 from the previous year, a 16% increase. He says […]
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fixed-operations

Why your dealership should double-down on fixed-operations – Jim Roche

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2020 has posed many challenges for the automotive industry. However, car dealers have been extraordinarily resilient. We have seen the majority of dealers implement digital toolsets and adapt their operations to meet shoppers’ needs wherever, and however, they want to shop. The same can be said for the fixed-operations department. Service directors have added pressure […]
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valuations

Oct. Kerrigan Report: car dealership valuations take surprising turn

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The latest Kerrigan Advisors Market Update revealed that the Kerrigan Index performed very well during October, finishing the month at 675.71. Erin Kerrigan, Founder and Managing Director for Kerrigan Advisors, joined the show to provide more insight on the latest market update.  Year to date for the index is up 9.52%, well above the S&P […]
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electric vehicle

What is the future outlook of the electric vehicle market?...

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California Gov. Gavin Newsom recently passed an executive order to ban sales of new gas-powered vehicles by 2035. This move by legislation has many dealers wondering what to expect in the future as electric vehicles continue to take hold of the market. We spoke with Jim Johnson, vice president of VDX.tv, about how EVs are […]
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healthcare

The benefits of a self-insured healthcare platform for auto dealers...

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As we approach the end of the year, there is much focus on healthcare options and budgets going into 2021. We all know that group healthcare usually comes at a steep price and can be a large portion of your budget, but there are ways to save without compromising on benefits. Today, we’re discussing ways […]
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managers

2 approaches managers should take to keep their teams on...

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Today we’re pleased to welcome back Frank Lopes, vice president of the Forrest & Blake digital advertising agency. While the majority of automotive dealers have fared well during the Coronavirus pandemic, they should now focus on preventing bad habits from forming in their ranks. In this segment, Lopes and anchor Jim Fitzpatrick discuss how dealers […]
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dealership

Chevy dealership in Albany, NY issues quick response to COVID-19...

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Albany County has been experiencing an influx of coronavirus cases and on Oct 10, a dealership in the county voluntarily closed their doors for 10 days when a cluster was identified. DePaula Chevrolet on Central Avenue in Albany was issued the notice on Friday by the health department, according a story published by  the Times […]
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