The Dealer 5 | April 20, 2015
Dealer news and information from WardsAuto and around the web.
Welcome to The WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet. So let's go:
1. | Want to join the "30% club" of elite dealers? Membership is unrestricted, but you've got to do certain things. Our IdeaXchange expert Tony Noland tells what. |
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2. | Admitting shortcomings is not failure. Instead, it’s a way to keep on the track to success. Rebecca Chernek tells how dealership people can recharge, feel well and do better. |
ADVERTISEMENT The auto accessories industry is $40 billion and dealers represent less than 5%. Could accessories be the new profit center for dealerships? It is one new frontier that may hold the most profit potential dealers have seen since adding the F&I department 40 years ago. | |
3. | For a long time now, some crystal-ball gazers have predicted used-car prices will drop. Yet, they keep going up, 2.3% last month. That’s the highest increase in a year, according to NADA’s latest market update. |
ADVERTISEMENT F & I Resource Center sponsored by Ally Auto. Valuable content to help you boost profits in this all-important division of your business. | |
4. | CUV sales are hot, hot, hot in the U.S. But Volkswagen sells nine cars for every one CUV, way below the industry average. VW tells us it plans to do something about that. Here’s what. |
5. | With reputations at stake, the world’s biggest automakers are rolling out their best efforts in electrified vehicles. Look out Tesla. Here’s a photo gallery of stiff competition. |
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