Dealership group's unified goals produce big profit increase

Dealership group's unified goals produce big profit increase https://ift.tt/2Wz4lz0

With three common sales goals and a centralized process to achieve them, Young Automotive Group has improved gross profit, lead conversion, sales per person and employee retention.

Some dealers opt out of factory ad dollars

Some dealers opt out of factory ad dollars https://ift.tt/2wu4NEd

As retailers try to grab consumer attention in the digital age by tailoring campaigns for their markets, they are increasingly experimenting with vendors that don't have preferred status with the automaker.

Dealers have options to shore up cash

Dealers have options to shore up cash https://ift.tt/2xTen3J rapid economic decline has dealers making tough decisions on how to trim costs and generate cash to stay afloat.

Why monthly sales reports need to return

Why monthly sales reports need to return https://ift.tt/33FwW7s

In the COVID-19 era, automakers that have stopped reporting monthly U.S. sales results need to bring them back. The automotive community needs to know.

Dealer profit outlook plunges, survey finds

Dealer profit outlook plunges, survey finds https://ift.tt/2WAkmoz

In just about a month's time, amid the outbreak of a new coronavirus, dealer sentiment for 2020 has dramatically swung from rosy to grim.

Showroom shutdown leads Calif. dealer to ramp up online retailing

Showroom shutdown leads Calif. dealer to ramp up online retailing https://ift.tt/2xjw9ga

Inder Dosanjh, whose dealership group has 17 stores in the locked-down San Francisco Bay Area, has found a way to keep on selling cars: home delivery.