Tuesday, November 30, 2021
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Tag: profitability

Tesla marks record deliveries in Q3, ninth straight profitable quarter

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Tesla’s earnings were reported to investors on October 20, and the financial results paint the last quarter as bright despite the ongoing pandemic and supply chain issues. For the ninth straight quarter, Tesla has generated a profit from its operations, achieving a $2.0 billion operating income on a total gross profit of $3.66 billion. Markers […]
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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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Kerrigan

Will the explosive buy-sell profitability and activity continue in Q4?...

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We recently discussed today’s buy-sell market with the Kerrigan Advisors, who represents some of auto retail’s largest transactions, including Earnhardt Auto Centers’ sale of two Arizona dealerships. So on today’s show, we’re pleased to welcome back Ryan Kerrigan, Managing Director of Kerrigan Advisors, for an update on the market and we’ll also get into some of […]
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guidebook

The importance of mastering Google’s Dealer Guidebook for effective digital...

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Google is the largest source of information that not only helps us with daily tasks, but also allows businesses to reach wider audiences by leveraging marketing and advertising technology. On today’s show, we’re pleased to welcome Google’s Head of Automotive Retail, Lissette Gole, who discusses the revised Google’s Dealer Guidebook. We’re also joined by Brian […]
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Dale Pollak shares insight into current trends and economic impacts in...

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We have all been impacted by dwindling inventory in today’s market. While profits still remain high for many, what we are experiencing may be...
Haig

Buy-sell expert Alan Haig discusses current valuations and M&A trends...

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Haig Partners has new, recently released data on the profits from the largest public automotive retailers. On today’s show, we’re pleased to welcome Alan Haig, President and Founder of Haig Partners to discuss this data and how the ongoing chip shortage is affecting retail automotive. Haig begins the conversation by giving an update on the […]
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AutoNation

AutoNation reports record earnings in Q2 2021

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On July 19th, AutoNation released their Q2 net income from continuing operations that set an all-time earnings record for the fifth straight quarter. As the largest American automotive dealer group, their net income achieved $385 million and an adjusted EPS of $4.83, representing an increase of 243% above the same period last year. Compared to […]
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performance

This is a MUST DO list for maximum fixed ops...

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Everyone needs a job description of their job that outlines what is expected and the actions you will need to execute to succeed in that job. That said, what are the MUST DOs for maximum performance? Along with the list below, as a consultant, trainer, and coach, I also have detailed daily, weekly, and monthly […]
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accounts payable

How the automotive industry can improve agility, scalability, and efficiency...

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The automotive sector has been hard-hit by the COVID-19 pandemic. Not only were OEM supply chains adversely impacted by the virus and the loss of critical resources, but Tier 1, Tier 2, and Tier 3 suppliers have been hurt, too. As the supply chains recover and production gets back to normal, automotive manufacturers can again […]
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Lloyd Trushel

The challenges F&I departments face while adjusting to a virtual world

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F&I departments are facing a unique set of challenges in today’s marketplace. On today’s show, we’re pleased to welcome Thomas Hackett, National Sales and...