Thursday, September 16, 2021
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Group 1

Group 1 Buys Prime Automotive Dealerships in $880 Million-Dollar Deal

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As of Monday, September 13, 2021, Group 1 Automotive Inc. has committed to purchase Prime Automotive Group. The $880 million deal includes Prime’s 30 stores, nearly all of the assets, real estate, and three collision centers. Last year, Prime Automotive Group generated $1.8 billion in revenue, while the stores sold more than 50,000 new and […]
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second voice

How to communicate with customers while working with less inventory

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On the latest episode of Kain and Co., host David Kain, president of Kain Automotive, shares the language that works well when it comes to working with less inventory you have on the ground. In today’s age, Kain says they’re seeing a lot of guests that are shopping near and far looking for the right vehicle they […]
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Sykora

Chairwoman Annette Sykora discusses NADA’s Emergency Relief Fund to help dealers...

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Hurricane Ida devastated many on the Gulf Coast before making its way into the Northeast. As residents in both areas pick up the pieces...
safety

Five ways car dealers can prioritize safety for employees and...

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The Occupational Safety and Health Administration (OSHA) held its annual “Safe + Sound” week in mid-August, which brings awareness to the best safety practices and procedures for businesses to follow. Businesses from all over the United States plus almost 100 international businesses participated this year to discover what safety measures may be most beneficial for […]
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Tynan

Bloomberg Senior Auto Analyst Kevin Tynan on current supply issues,...

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On today’s show, we’re pleased to welcome back  Bloomberg Intelligence’s Senior Automotive Analyst, Kevin Tynan. Tynan begins the conversation by sharing his thoughts on Q2 earnings. He says the past quarter revealed more bad consensus than really good performance. The second quarter of 2020 was plagued by uncertainty amidst COVID shutdowns. So, while many auto […]
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NADA Show

NADA Show Committee Chairman Scott Dube discusses plans for 2022 event...

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The National Automobile Dealers Association is back in Las Vegas, Nevada planning the annual NADA Show which will take place next March 10-13. The...
Lewis

Why management training can make or break your car dealership...

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On today’s show, we’re pleased to welcome back David Lewis, President and CEO of David Lewis and Associates, and also the host of CBT’s original series, Straight Talk. He joins us today to discuss the vital importance of management training. Lewis begins the conversation by discussing who is actually training today’s managers. Lewis says it’s […]
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automotiveMastermind

automotiveMastermind’s Matt Leone on the best ways car dealers can scale...

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Scaling a business whether it be two car dealerships or twenty, is a large undertaking, and it can easily become overwhelming. On today’s show,...
Zeigler

Zeigler Auto Group has expanded to 35 car dealerships and...

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Zeigler Auto Group is continuing its aggressive expansion plan with the purchase of 4 dealerships in the state of Wisconsin. Joining us today to discuss acquisitions, inventory shortages, and emerging markets for digital technology, is Aaron Zeigler, President of Zeigler Auto Group. Zeigler begins the conversation by discussing the brands he acquired during the expansion […]
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gas

Gas prices up around 15 cents since May – why...

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If you’ve noticed your dealership’s fuel costs have been a little higher so far this summer, you’re not alone. According to the American Automobile Association (AAA), gas prices have been climbing over the past three months, and it’s possible the cost of fuel will be driven up even more. In May, AAA reports that the […]
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