MAY 6, 2022

Upside™ Turns Old Wholesale Wisdom Upside Down
Think recent wholesale profits can’t last beyond these market conditions? Think wholesale should only ever be a backup plan? Think big returns at auction will always come with a risk of loss? Whatever you think of selling vehicles wholesale, it’s time to think again with Upside. Learn more at TakeTheUpside.com

Dealers Should Prep As Buyers Focus on Mainstream EVs

Dealers play key roles in fueling BEV sales, especially as shoppers look at mainstream choices.

Using Employee Experience To Fuel Customer Experience
Chris Saraceno, VP & Partner will discuss how they incorporate lifecycle processes and culture into daily dealership routines that can be further attributed to team members that deliver consistent and extraordinarily high-quality service in their respective positions. Register before 3/31 through this link and receive $500 off the ticket price. https://tlsummits.com

U.S. Megadealer Groups Report Fixed-Ops Revenues Rising

While the outlook for parts and service is positive, Roger Penske, chair and CEO of Penske Automotive Group, says parts shortages and a lack of loaner cars are a couple of potential negatives.

5 Sales Strategies to Succeed During Lean Inventory Times
Implement these five sales strategies to face down inventory obstacles and overcome supply chain challenges at your dealership. Read the Full Article.

GM Confirms Electrified Corvette in Development

CEO Mary Barra says an electrified version of the Corvette will appear as soon as next year, followed by a battery-electric version built around GM’s Ultium battery technology.

Former Nissan Executive Greg Kelly Recounts Japan Ordeal

Greg Kelly suspects the charges against him stemmed from Renault’s decision to force the integration of the two main Alliance partners, Renault and Nissan. Trial records reveal that a February 2018 Renault board resolution instructing Carlos Ghosn to merge Nissan and Renault, or else risk losing his contract as Renault CEO the following June, triggered the coup to replace him.

Dealers Must Bolster Data Security Under New FTC Rule

The FTC’s Safeguards Rule requires detailed procedures and specific criteria that auto dealers must implement to provide better protection and to curb data breaches and cyberattacks that could jeopardize sensitive customer data.

Advertisement

Advertisement

Advertisement