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hostile takeover

Carvana takes defensive strategy, hopes to prevent hostile takeover

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Carvana has resorted to using the "poison pill" strategy to prevent a hostile takeover before it can resolve its financial problems. The "poison pill" refers...
car buyer satisfaction

Car buyer satisfaction loses progress, down to pre-pandemic levels says Cox...

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A new Cox Automotive report has revealed that car buyer satisfaction continued to decline in 2022, despite industry efforts to provide better service in...
debt, auto-retailer

Carvana seeking financial advice to manage billions in debt

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Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt. In 2020 the retail company witnessed a record...
dealers/ dealerships

Effectively competing with internet-based dealers

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The automotive industry from previous decades is almost unrecognizable from its current state. Fast-forward 50 years from now, and it will be unrecognizable again....
Goldfayn

WSJ best-selling author Alex Goldfayn explains the power and profitability of...

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Are you still using the phone to generate sales in today’s digital retail environment? If not, this is something that you should get back...
Brian Benstock

Paragon’s Brian Benstock discusses record-breaking sales numbers and shares his outlook...

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The Paragon team out of New York is proving that sales teams are still relevant and necessary in today’s digital landscape. On today’s show,...
chat

Are you using online tools effectively? It might be time for...

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According to Insider Intelligence, it’s predicted that consumer retail spending that results from website chat widgets will be as much as $142 billion, fifty...
automotive advertising

Melissa Z. Clark discusses her new role as CEO of Sokal...

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Melissa Z. Clark has officially been announced as the new Chief Executive Officer of Sokal, one of the largest automotive advertising agencies in the...
CDK Global

CDK Global Acquires Digital Retail Platform Roadster

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 CDK Global has just acquired digital retail platform Roadster. Today, we’re pleased to welcome Joe Tautges, Chief Operating Officer of CDK Global and Andy...

Did the pandemic shorten the path to a more transactional dealership...

Covid-19 hit like a shock wave in March 2020, shutting down dealerships, impelling them to adopt digital retailing (DR) as a low-touch transaction alternative...