Wednesday, December 2, 2020
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budget

Five Ways to Optimize Dealership Expenses On a Tight Budget

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Decreasing revenues are something that all companies, regardless of sector, will have to face this quarter—and possibly for the rest of the year. Nevertheless, the automotive industry has been uniquely hit a bit harder than most as car sales have dipped. This event can bring about some stress regarding what you can do to fulfill […]
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turnover

What Does Staff Turnover Actually Cost the Dealership?

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If I asked you whether employee turnover was good or bad you would already know that it’s bad.  But there’s a deeper question – how bad is it? That’s the question you need to answer if you’re going to launch a meaningful response to addressing employee turnover.  When you understand what the cost is then […]
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costs

How to Cut Costs and Improve Quality in your Service Department

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A well-functioning service department is the lifeblood of any dealership. In many ways, it is the face of your dealership that customers experience more frequently than your sales department. There is huge potential here to deliver a quality product (service) to customers and cement a positive reputation for your dealership in the process. But every […]
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dealer group

Large Dealer Groups Are Taking Over Retail Automotive

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Several business brokers advertise dealerships for sale on LinkedIn as well as through online listing platforms. These are small automotive dealerships that have, in many cases, been in business through two or three generations. But in today’s retail automotive environment, it’s no longer feasible to operate a dealership without significant backing. Sonic Automotive, Penske Automotive […]
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