Fine-Tuning the Parts and Service Operation: Driving Profitability for Any Dealership
With the current supply/demand dynamics in the automotive retail sector, sales margins can be razor thin. Maximizing profitability increasingly hinges on optimizing the less conspicuous
Maximizing Automotive Dealership Performance: A Comprehensive Overview
In recent years, dealers enjoyed record-high gross margins on new and pre-owned car sales. However, with inventories returning to pre-COVID levels,
Mach10 Hires Automotive Executive Carsten Preisz as Chief Marketing Officer
Mach10, a leading automotive industry firm offering advisory services, including dealer operations improvement and succession planning,
What’s Expected for the Leasing Market in 2024?
De Beers reminds us that ‘A diamond is forever’, Lay’s Potato Chips challenges us with ‘Betcha can’t eat just one’ and Las Vegas assures us with ‘What happens here, stays here’.
What Is An Extended Warranty and Why Does It Matter?
When you buy a new vehicle, you’ll usually get a manufacturer’s warranty that will cover many things that could go wrong in the first few years.
Hiring (and Retaining) Talent At Your Dealership
Dealerships have an overall turnover employee rate of 46% annually and a median tenure for employees of just over three years.