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millennial

3 Simple Ways to Help Retain Your Millennial F&I Managers

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Much has been written about and analyzed when it comes to comparing all of the major population demographics. How Boomers prefer to buy a car. How Gen X-ers handle their money. What the newest entrants in the car buying segment, Gen Z, view car ownership in general. It keeps sociologists busier than ever. Some would […]
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F&I

3 Hot F&I Topics for 2019 and Tips to Be...

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As 2018 draws to a close, dealerships already have an eye on the potential issues that could be facing them in the new year, particularly in the F&I office. The headlines over the last year have been dominated by rising interest rates, the challenges of selling to the Millennial buyer, and increasing profits in a […]
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subscription services

Cox Automotive Makes Bold Move with Subscription Services

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CBT Automotive is speaking today with Cox Automotive members: Joe George, President of Mobility Solutions, David Liniado, VP of New Growth and Development, and Vince Zappa, President of Clutch Technologies to discuss the future of the automotive industry, and find out what consumers really want. Cox Automotive is expanding their business model to include a […]
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MILLENNIAL

Navigating The Millennial Workforce – Jeff Butler

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In order for a company to stay competitive, they need a fresh approach to compensation that reflects new values, attitudes, and lifestyles. That can include perks such as free lunch, or flexible time off. To help you navigate the best way to attract and retain this millennial generation of talent, CBT Automotive is joined by generation […]
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millennial car buyers

The Fear of Millennial Car Buyers

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On this week’s edition of the Weekly Tune-Up, Becky Nixon gives a few examples of ways you can deal with something that is becoming more prevalent in today’s automotive industry: the fear of millennial car buyers.
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millennial

Addressing High Turnover: Five Ways Dealers Can Attract And Retain...

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We live in a world ruled by technology, but people are still essential to the car buying process. The most valuable component of any business is human capital, and the knowledge and personal attributes skilled employees bring to the table. The auto industry is experiencing some trouble in this area with high turnover rates, and […]
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marketing

The Best Marketing Techniques to Reach Your Millennial Audience

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In the workforce, millennials get a lot of hate from the older generations. The older generations consider millennials as self-involved, entitled and overly reliant on technology. They forget that this generation has a stronger than average sense of social justice. They possess great incredulity when concerned with information and facts. On top of that, they […]
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newscast

How much communication should managers have with employees? – Bill Wittenmyer,...

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On today's CBT Newscast for Tuesday, August 29th, 2017: How much communication should managers have with employees? When we’re talking about communication in the dealership, some...
millennial

5 Productivity Lessons From the Millennial Work Style

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Gen Y workers are often maligned in the business world for their entitlement or self-interest, but there are several productivity lessons to be learned from the millennial work style. Companies like General Electric, Cisco Systems and Ogilvy & Mather have already leveraged younger workers’ knowledge through reverse mentoring sessions, in which junior employees teach upper […]
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