If there’s a better way to do something…
it’s gotta be done.
A Positive Take on Tough Market Conditions
It’s hard to read the stories about the current used vehicle market given the disruption caused by COVID-19. This week, Bloomberg News published…
An Open Letter to Dealers: Honest Perspective Amid the COVID-19 Crisis
Author’s note: We are in a crisis that challenges everyone in the automotive ecosystem. OEMs. Financial institutions. Dealers. Suppliers.…
A Wholesale Market Experience Brings A Ray of Hope
I’m writing to share an encouraging sign for dealers in the current market. The encouragement comes from Manheim’s Online Vehicle Exchange (OVE…
COVID-19 Crisis Causes a Vehicle Valuation Issue
Like many of you, I’ve been on the phone and in meetings almost constantly for the past two weeks. I apologize to dealers who may be still waitin…
A Perspective On Change Amid the COVID-19 Pandemic
I hope that everyone reading this post is healthy, safe and doing everything in your power to stay that way. I don’t think any of us would disagr…
NADA Dealership Financials: Good News, Bad News in Used Vehicles
As regular readers might know, I’ve been anxious to see the 2019 year-end dealership financials from the National Automobile Dealers Association (NA…
When Pride in CPO Vehicles Hurts Your Profit Potential
It’s no secret that certified pre-owned (CPO) vehicles have become a big part of the used vehicle business at franchise dealerships. Cox Automoti…
ProfitTime in Practice: A Dealer Shares Three Profit-Positive Take-Aways
It’s not easy to change long-standing beliefs and best practices. Just ask Tim Nelson, general manager at Beaverton (OR) Honda. He has led the st…
A Gross Deception Discussion with WardsAuto
A few weeks ago, I saw down with WardsAuto Dealer Business editor Steve Finlay to discuss my latest book, “Gross Deception: A Tale of Shift…
Talking Truth in this week’s Automotive News
I had the distinct honor and privilege to pen an op-ed piece for Automotive News. The piece appears in this week’s issue and addresses a…