Are you in-charge of running a new car dealership and starting to see the signs of slowing car sales? You are not alone. The national news agencies, the Federal Reserve, and industry analysts all agree. The slow down is coming and with it brings immutable changes to the auto industry.
Here is what Forbes is saying referrencing a…
ContinueAdded by Joe Tareen on November 13, 2019 at 8:00am — No Comments
Many new car dealers know that something is not right with their service departments or for that matter with their dealership business model as a whole. Customer loss rates are at all time high, "Right To Repair" legislation is seemingly hanging over like a "sword of Damocles" and profits margins are shrinking across the board. I bet in almost every franchised new car dealership, management meetings are being held to discuss how to tackle these challenges and I can imagine the nature of some…
ContinueAdded by Joe Tareen on June 21, 2011 at 8:00pm — No Comments
The Pain
Nation wide, OEM franchised service centers continue to loose hundreds of thousands of dollars worth of revenue everyday. Some service centers may be letting go as much revenue as they are generating, without even realizing the enormity of the loss.
Through our market research and with a substantial number of Repair Order Revenue Gap…
ContinueAdded by Joe Tareen on February 10, 2011 at 12:00pm — No Comments
Added by Joe Tareen on February 7, 2011 at 4:37pm — No Comments
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