Most dealers still view tires as low-margin, slow-moving, profit-draining headaches. And until recently, that wasn't far off the mark, says Ted Fellowes, vice president, supply chain solutions with OEConnection LLC, a provider of web-based...
Periodically, step back and take stock of your inventory-control and management performance. During the course of day-to-day business in the parts department, much is taken for granted. Too often, problems go undetected until they become obvious...
For the next three months, forget everything you've learned about the used-car business. And as radical as it may sound, that means forgetting about making gross profit on your used inventory. Instead, your sole focus needs to be creating as much...
AutoUSA, a firm that provides Internet sales leads to auto dealers, launches a used-car inventory pay-per-lead plan for dealerships. With the new program, piloted by dealership chain AutoNation Inc., dealers post their used-vehicle inventory at...
A new e-report card is intended to help managers of auto dealership Internet sales departments to turn online inventory faster and at good grosses. AutoUpLinkUSA's eReport Card gives dealership e-commerce managers a real-time summary of their...
Fresh units sell is a common statement among pre-owned vehicle dealers that's probably as old as the business itself. I have no idea when I first heard that. It just seems to be part of the knowledge that is imparted to pre-owned vehicle managers...