Tuesday, October 19, 2021
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Mosley

Cory Mosley on the steps car dealers can take today...

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What does the industry look like five years from now beyond the shortages and high profits we’re experiencing now? On today’s show we’re pleased to welcome Cory Mosley, Founder of Mosley Strategy Group and award-winning business growth strategist and coach, to discuss trends, profitability, and his recommendations for dealers today. A lot of dealerships have […]
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Dealer of the Year

How TIME’s Dealer of the Year Rick DeSilva Jr. showed...

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For 10 years TIME in partnership with Ally has recognized new car dealers across the country for their performance and community service. This year, second-generation dealer, Rick DeSilva Jr. was named TIME’s Dealer of the Year. After learning about Rick’s incredible commitment to service, to not only customers but also the community, it’s easy to […]
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Chesbrough

Cox Automotive’s Charlie Chesbrough reveals forecast for Q4 and how...

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The shortage of new vehicle inventory has led to a decline in sales and an uptick in stress for many of you. Cox Automotive is reporting that August was the fourth consecutive month of slowing sales for new vehicles. On today’s show, we’re pleased to welcome Charlie Chesbrough, Senior Economist and Senior Director of Industry […]
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Ford

Ford ends production in India after $2 billion in losses...

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The fifth-largest carmaker in the world, Ford, is pulling the plug on manufacturing in India. In an announcement on Thursday, Ford CEO Jim Farley indicated that the car company would wind down its factories by the end of Q2 2022. An unsustainable market has been mentioned as the reason for Ford’s decision. Over the past […]
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chips

New shutdowns are coming to U.S. manufacturers

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Automotive assembly plant shutdowns are accelerating, and the future doesn’t provide much optimism for improvement. With today’s vehicles filled with up to 1,500 chips, manufacturers have to go on a chip diet at best and, in most cases, go on a long-term fast. GM, Stellantis, and Ford are currently delaying the production of over 855,000 vehicles, […]
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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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Cox Automotive enters the EV battery business

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Cox Automotive Mobility announced on Wednesday that it had acquired Spiers New Technologies (SNT), which is a leader in electric vehicle battery lifecycle management. Cox Automotive has been quite clear that it wants to be a top name in the EV battery lifestyle management process, and it is expected that it will continue to partner […]
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EV

Georgia dealers rally against EV direct-to-consumer sales

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Auto dealers in Georgia are pushing back against a bill introduced to the General Assembly that would allow electric car manufacturers to sell their vehicles directly to the public. The bill, HB 460, amends limitations to the previous legislation that limited direct-to-consumer sales by EV carmakers to just five locations, and lifts the clause that […]
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experience

Top four opportunities in driver’s experience for automotive manufacturers

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There’s a lesson to be learned from Tesla and its ascent to the status of most valuable car manufacturer in the world. The leapfrog, often experimental progress made by Tesla and CEO Elon Musk, is based on select few methodologies that originate in the world of software development. As we look at the top four […]
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renovations

Four Reasons Why Manufacturers Need to Re-Evaluate Mandated Renovations

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In 2012, a San Diego Tribune article revealed that auto dealers in the region of Escondido spent $10 million to $12 million on dealership renovations and expansions. While city officials were happy for the seeming boost in auto sales due to these renovations, industry analyst, David Whitson remarked on the harmful impact these mandates could […]
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