Remove Deal Remove Principal Remove Retail
article thumbnail

Closing the Deal

AutoSuccessOnline

Successful car wash operations — whether in the retail realm or at a dealership’s service center — must maintain a reliably symbiotic relationship between two principal metrics: throughput rate and vehicle cleanliness. The post Closing the Deal appeared first on AutoSuccessOnline.

Deal 52
article thumbnail

Peoples Group reports drop in turnover and pre-tax profits

Motor Trader

He said: “I am a director of the Retail Automotive Alliance and we know from some of the discussions there that dealers are not doing the numbers that they had anticipated.” We had a leap of faith, we felt they were the right ones to deal with based on what we were going to lose in terms of product lineup.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Scaling Private-Party Vehicle Acquisition

AutoSuccessOnline

Many dealers question the viability of buying cars from private sellers at scale, assuming private sellers prefer dealing directly with other private buyers. “If They’ve checked their car’s value on KBB and seen the retail price — naturally, they’ll aim high. If they wanted to sell to a dealer, they would just sell to a dealer, right?”

article thumbnail

The current state of automotive dealership M&A: Focusing on performance optimization

Auto Remarketing

According to GlobalData, the automotive M&A market in Q2 2024 saw a 4% increase in deal value, but a 21% decline in deal volume compared to Q2 2023, reflecting a challenging and changing market during a time of margin compression. What dealer principals should be focused on — is what they can control.

article thumbnail

Dave Cantin Group Introduces AI-Powered Dealer Data-Mining Software

AutoSuccessOnline

Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new-car dealership in the United States, regardless of brand, location or direct input from the dealership.

article thumbnail

Dealership diversification

Canadian Auto Dealer

Some dealers are branching into other business areas to spread out their risk and reap new rewards S ome auto dealers are transforming into retailers who also happen to sell vehicles. There are also some dealerships that have developed businesses that are not directly related to auto retailing.

article thumbnail

Improving the EV sales experience

Canadian Auto Dealer

“We may have to tell a customer what type of fuel to put into the car, but for EV we have to explain about charging capacity, weather degradation and all of these new things that are not big deals at all, but for the average salesperson it’s a real shift in the way that they historically sold the products that we sell.”

Sales 52