Wednesday, December 8, 2021
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Cooper

How Lexus dealer Peter Cooper is rethinking the luxury auto...

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Dealers have seen record sales and profits throughout the last year with less inventory so how are things on the luxury side? On today’s show, we’re pleased to welcome Peter Cooper, President, and CEO of Lexus of Lehigh Valley to discuss market trends and what he’s experiencing. Cooper begins the conversation by discussing gross profits […]
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Raymond

Why this N.C. dealer group is investing big in its...

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The retail automotive industry changes rapidly so what are BDC departments doing to keep up? On today’s show we’re pleased to welcome Matt Raymond, Director of Digital Operations at Team Automotive Group to discuss his role and streamlining operations. Raymond begins the conversation by discussing his journey into the automotive industry. He says it’s been […]
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Hagerty

Specialty insurer Hagerty to become publicly traded company in merger...

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On Wednesday, global automotive enthusiast brand and specialty insurer Hagerty announced a merger deal with a special purpose acquisition company (SPAC) to become a publicly-traded company. The deal will reportedly put the company’s valuation at $3.13 billion when it’s closed, and it will trade under the ticker HGTY. The merger is intended to inject gross […]
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CMA’s Liza Borches on gross profits, digital retailing, electrification, and best...

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Automotive dealers across the country saw gross profits rise in 2020, as new vehicle demand remained high and inventories dwindled off the lot. Recently,...
Gross Profit

7 Words That Will Increase Your Gross Profit

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What if Paul Cummings told you that there are 7 words that will increase your gross profit by 20 percent: Can you see some value in that? Well, there is and he’s here to tell you more about it for today’s Tip of The Day. For more tips from our automotive industry’s top trainers, visit […]
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Do You Have a PIP?

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This Profit Plan Gets Results By: Don Reed I’m guessing you may have no idea what a PIP really is so before I get into the details, let’s answer a few questions: Are your Service Operations Net Profits increasing over last year’s? Is your Service Absorption improving year over year? Is your CSI Ranking in […]
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Do You Have a PIP?

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https://www.cbtnews.com/do-you-have-a-pip-2/
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