Business Solutions, Services & Supplies
Car dealerships are complex businesses relying on two key profit areas: variable and fixed ops. Variable operations usually refer to car sales, which typically have a lot of volatile variables. On the other hand, fixed operations, an industry term for the parts and service departments, are much … [Read more...]
Concerns over rising inflation continued supply chain disruptions, and ongoing hiring difficulties have proven to be persisting challenges that countless businesses still have to face. Yet, many business owners are optimistic about the future, and despite lingering threats, there are steps small … [Read more...]
The automotive industry outlook since the start of the pandemic has faced nearly constant shortages and supply chain concerns. In 2022 automotive dealers faced additional obstacles in the form of skyrocketing gas prices and rising interest rates. Although U.S. new vehicle prices continue to set … [Read more...]
Marketing ideas for automotive dealerships have changed from previous years. Despite rising interest rates, U.S. new vehicle prices continue to set record highs, with average transaction prices surpassing $48,000. However, while prices are up, automotive dealers continue to face inventory shortages … [Read more...]