Today on CBTNews.com – Friday, July 6th, 2018:
U.S. Auto Sales Round Out On A High Note for First Half of 2018 – Kerrigan Advisors Market Update
Bridget Fitzpatrick welcomes Ryan Kerrigan, Managing Director of Kerrigan Advisors, to the studio to discuss the Kerrigan Market Update, how June ended on a high note and the growth within the automotive industry. Watch Now
The Chick-fil-A of Car Dealers
It’s no secret that the dealership model is under attack in America. From subscription alternatives that could bypass traditional dealers to startups like Carvana claiming they provide a better way to buy a car; it sometimes feels like everyone is out to eliminate the dealership from the equation. Many even predict that automotive retail is the next great industry to be disrupted; in some scenarios by a yet unnamed “Amazon of car dealers.” I disagree. While I believe true disruption may be on the horizon, vehicle subscriptions and the online sales model – innovations dealers could employ today if they chose to – won’t be the cause of some industry-wide collapse. Read More
Climbing the Ladder of Success in a Dealership
There are many opportunities for career growth in a dealership. Stories abound of managers who started out washing cars. If you know what you are doing, climbing the ladder is easy and should be expected. In many organizations, managers tend to move around often, and changes happen frequently. This can create fast opportunities for the right candidates. Here are a few keys to success when climbing the dealership ladder. Read More
