I caught a segment on National Public Radio the other day that discussed how residents of Sommarøy, Norway, want their island to become a “time-free zone.” The effort, which includes a petition signed by 300-plus residents and consideration by a member of the...

Toodles shares a little ProfitTime perspective... https://youtu.be/ogqU7dyU7R8  

As franchised dealers work harder to maximize new vehicle sales in the current market, some are taking a deeper look at dealer trades. The dealers are recognizing that, in today’s environment of rising floorplan interest expense and softer retail sales of new...

Since dealers began using Provision ProfitTime in earnest about six months ago, I’ve noticed a positive improvement in the overall investment value of dealer inventories. To be sure, the improvement is a primary driver of the increases in gross profits and sales...

A few months after CeCe Brown earned the responsibility of managing used vehicles at Sisbarro Buick GMC in Las Cruces, N.M. last year, he grew frustrated with the results. The department consistently lost money—a problem that he believed owed to paying too much for...

General sales manager Sean Hevener of Dennis Eakin Kia, Killeen, TX, had a hefty slice of humble pie last summer. It happened at a Velocity 20 Group meeting in August in Chicago. Hevener traveled to the meeting with a sense of anticipation. “I went into this meeting...

Franchised dealers are in a bit of pickle these days. As Automotive News reported this week, new vehicle inventories have risen to their highest level since July 2017. The estimated tally of 4.2 million unsold vehicles is just 114,300 units shy of the industry’s...