Can dealers avoid overpaying for used inventory with the economy in flux?
From May 2021 to May 2022, the prices of used cars at auction rose more than 12% according to the Manheim Used Vehicle Value Index. The blistering-hot pre-owned market has...
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
management
Elon Musk tells Tesla to stop hiring, suggests 10% job cuts
After already garnering a slew of attention last week after telling employees they must return to the office or be fired, Tesla Chief Executive Officer Elon Musk is making headlines...
Why pay plans for express auto technicians need to change – Don Reed
How are you compensating your express auto technicians? Today on Inside Automotive, we're pleased to welcome back Don Reed, CEO of DealerPRO Training, one of the nation's top fixed-ops training...
Revamp your automotive key management system with digital solutions
Two decades ago, a simple lockbox in the dealership was all it took to secure keys for all your inventory. It was likely left open all day and only locked...
4 lessons car dealers can learn from Carvana’s missteps
Carvana has been in the news for all the wrong reasons this year. A blockbuster agreement to purchase ADESA U.S. has been completed, but what should have been a watershed...
Storm season is approaching, is your dealership prepared for it?
The Atlantic hurricane season typically begins in June, and experts forecast 19 tropical storms, nine of which could spin into hurricane status. The season for severe storms that culminate in...
How car dealers can combat catalytic converter theft
In the United States, catalytic converter thefts are still increasing in frequency. Thieves are finding ever more creative ways to perpetuate the crimes. Security cameras have caught instances of stolen...
The importance of improving diversity, equity, and inclusion in the workplace
A recent research study from Bain & Company revealed that 25% to 30% of people report feeling "fully included" at work, which was found across "all geographies, industries, and demographic groups." Asian...
Adam Marburger shares valuable F&I tips and key ideas from his brand new book
Do you get in your own way? It can be a difficult reality to accept, but there are positive changes you can make to get back on track. Joining us...
5 unique meeting formats that will positively impact your dealership staff
Welcome to another edition of Mind Your Own Business. Today, host Jonathan Dawson, founder of Sellchology Sales Training, discusses how to take your training meetings to the next level with these five...
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