All Blog Posts (12,630)

The Seven Culture Killers

The Seven Culture Killers

There are certain behaviors that, if practiced by the leader or permitted to exist in the office by the leader, will absolutely kill office morale and make our business a miserable place to work. They are behaviors so destructive that, if allowed to take root, will run off the talented individuals you need on your team. These culture killers are:

  • Big Ego and Arrogance — This is…
Continue

Added by Chris Saraceno on November 4, 2017 at 12:00pm — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX CLIMBS FOR SECOND-STRAIGHT MONTH ENTERING FINAL STRETCH OF 2017

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for October, with the Index increasing 0.6% MOM from 113.9 to 114.6, its second straight monthly increase dating back to August when it was at 112.6.Click here to obtain a copy of…
Continue

Added by Black Book on November 3, 2017 at 1:20pm — No Comments

Deer Hunting Tips for Beginners

In most cases, skills in deer hunting are passed from one generation to another. This is mostly done by either the father teaching his sons how to hunt or older sons teaching their younger siblings. Other than this, you can also learn deer hunting through reading books or online materials and also from friends. Irrespective of how you learned deer…

Continue

Added by J Miles on November 3, 2017 at 1:15pm — No Comments

The technician shortage for dealerships is real and here is how to overcome it!

On Wednesday I presented a webinar on overcoming your technician crisis for Automotive News, and I want to say thank you to all the people that showed up! If you happened to miss this webinar on worries the recording is on the Automotive News website, by the way, it is free!…

Continue

Added by Rob Gehring on November 3, 2017 at 11:30am — No Comments

How to Spot a Process Breakdown

Have you ever suspected that a process is broken, but you're not sure what to fix? Every dealer has experienced this at some …

Continue

Added by Kip Miles on November 3, 2017 at 9:39am — No Comments

Service Absorption is a Dangerous Number

Service absorption is one of the most frequently cited Fixed Ops metric…

Continue

Added by Scot Eisenfelder on November 2, 2017 at 8:43am — No Comments

Should I Lease or Buy My Car?

The divide between your monthly payment on a vehicle lease, compared to your monthly payment when financing a vehicle continues to widen, particularly as MSRP and estimated sales prices continue to grow. In fact, it’s one of the top reasons why 1/3 of every vehicle sold today is in a lease program.

Swapalease.com, the nation’s largest online lease marketplace, analyzed monthly payment offerings on some of today’s most popular leased vehicles,…

Continue

Added by John Sternal on November 1, 2017 at 2:00pm — No Comments

BLACK BOOK UNVEILS ECONOMIC SCENARIO-BASED RESIDUALS DATA

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today its release of new Economic Scenario-Based Residuals, available to lenders and financial institutions with a portfolio of auto loans. Black Book has mapped regulatory prescribed scenarios for this new suite of residual data, enabling risk and portfolio managers the ability to analyze how vehicle values will…

Continue

Added by Black Book on November 1, 2017 at 12:44pm — No Comments

HOW TO SELL CARS IN 1939: Uncovered Documents Reveal Not Much has Changed...

| by David Metter

Could it be possible that the secret to selling cars in today’s multi-touch, exponentially data-driven society is exactly the same as it was prior to World War II? I know what you’re thinking. This is either a huge stretch or some sort of joke. However, recently…

Continue

Added by David Metter on October 31, 2017 at 3:23pm — No Comments

Why You Should Sponsor Local Sports to Increase Retention

The peak of excitement for a car buyer is the moment they drive their new vehicle off the lot. What better feeling is there for a customer than to drive away with something better and newer than what they arrived in. The emotions are high!

Sports is all about emotions too. The highs of championships, the…

Continue

Added by Staff Writer on October 31, 2017 at 1:03pm — No Comments

Used Vehicle Values Depreciate at a Steady Rate

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. …

Continue

Added by Black Book on October 31, 2017 at 11:20am — No Comments

Jumpstart Automotive Media Unveils Its Latest Joint Study With Ipsos Connect Identifying Today’s Luxury Owners and What Motivates Them

Jumpstart Automotive Media, a leading media, insights, and marketing solutions company and division of Hearst Autos, today released its latest auto shopper study in collaboration with Ipsos Connect, “Today’s Luxury Auto Owners: How Emotion, Experience, And Loyalty Drive Purchase Decisions.” The report looks at new trends in luxury auto shopping to better understand the luxury auto shopper mindset. …

Continue

Added by John Sternal on October 31, 2017 at 10:59am — No Comments

Kerrigan Advisors Represents Puente Hills Chevrolet in Sale to Pendragon PLC

Family owned and operated since World War II, Puente Hills Chevrolet changes hands with the retirement of co-owners Tom Hoffman and Gary Campbell; Pendragon’s first US acquisition since the early 2000s.

 

Irvine, CA, October 31, 2017 – Kerrigan Advisors, the leading sell-side advisory firm to auto dealers in the US, represented and advised Tom Hoffman and Gary Campbell, co-owners of Puente Hills Chevrolet, in their…

Continue

Added by Crystal Hartwell on October 31, 2017 at 10:14am — No Comments

Holidays are the Perfect Time to Nurture Loyalty

It’s beginning to look a lot like the holidays. In retail, that typically means an upsurge…

Continue

Added by Mike Gorun on October 31, 2017 at 9:34am — No Comments

ELEAD1ONE Releases Free eBook for Auto Dealers: Fix Your Phones & Boost Profit in Your Service Department

Atlanta, GA - October 31, 2017 -…

Continue

Added by Bill Wittenmyer on October 31, 2017 at 9:08am — No Comments

Forget Millennials, Here Comes Generation Z

Just when you thought you grasped how to talk to the Millennials, Generation Z started to arrive. Born between 1996 and 2010, this new generation is poised to disrupt the retail and business world as the Millennial generation starts to enter middle age.

Fearfully known as “…

Continue

Added by Staff Writer on October 30, 2017 at 11:00am — No Comments

Auto/Mate Named a "Best Place to Work" in New York's Capital Region for Eighth Consecutive Year

ALBANY, N.Y. – Oct 30, 2017 – Auto/Mate Dealership Systems announced today it has been named a "Best Place to Work" in New York's Capital Region by the Albany Business Review. This is the eighth consecutive year that Auto/Mate has received the award, and the first year that Auto/Mate has placed in the category for large companies, defined as those with more than 150 employees.

 

"When we first won this award in 2010 Auto/Mate ranked in the mid-size companies…

Continue

Added by Mike Esposito on October 30, 2017 at 10:42am — No Comments

6 Powerful Ways to Stand Out as a Sales Associate

Being a sales associate can have many challenges, especially in the automotive world where there are several sales associates in one place all with the same objective…to sell cars.  It’s not enough just to show up in the morning, you have to be on top of your game in all areas so you can really shine.  There are several things you can do on a daily basis to stand out and…

Continue

Added by Derek White on October 27, 2017 at 11:37pm — 1 Comment

Demand-Sensing Continues to Increase Cross-Sell, Upsell and Leads

Forecasting consumer trends is nothing new. In fact, almost 200 years ago, a forecasting model was used to determine seasonal patterns of weather, but was then also utilized for marketing purposes. It was simply a matter of data collection to forecast future patterns.

This led to supply chain management issues such as inaccurate demand forecasting, a glut of supplies, or not enough inventory.

Very recently, it all…

Continue

Added by Staff Writer on October 27, 2017 at 2:20pm — No Comments

To Improve Customer Experience, Employees Must Own It!

Today’s consumers are fickle and more demanding than ever. Why wouldn’t they be – they have countless service and product providers fighting over their limited…

Continue

Added by Chris Miller on October 27, 2017 at 10:22am — No Comments

Monthly Archives

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

1999

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service