Auto Dealers
Showing 1–16 of 578 results
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ASC 842 may affect your dealership’s ability to obtain financing
January / February 2022
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 411
Abstract: After several delays, including a postponement in 2020 due to the COVID-19 pandemic, the deadline for applying a new lease accounting standard adopted by the Financial Accounting Standards Board (FASB) nearly six years ago is finally here. This article explains how the new standard may affect dealerships.
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Flipping the script – Meet inventory challenges by buying cars from consumers
January / February 2022
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 524
Abstract: One effect of the COVID-19 pandemic on the automobile industry has been a severe shortage of used car inventory on dealers’ lots. This, in turn, has impacted the used vehicle market, resulting in soaring used car prices. This article discusses a new digital platform that enables consumers to sell vehicles to participating dealerships looking to replenish their inventories and mentions the possibility that other players could launch similar platforms to help meet used-car inventory challenges.
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How can you protect dealership assets with a trust?
January / February 2022
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 666
Abstract: Dealerships that have managed to survive, and even thrive, through these volatile economic times certainly will want to take advantage of any strategies that can help them protect the assets they’ve managed to acquire. This article offers some potential financial strategies to ensure assets can withstand challenges.
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5 ways to boost employee retention and improve financial performance
January / February 2022
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 822
Abstract: Automobile dealerships have historically experienced high levels of employee turnover. But the employee turnover problem for dealerships is being exacerbated in the current economic environment, with many businesses having a hard time staying fully staffed. This article suggests some ways dealerships can hire and retain good employees, including re-examining the compensation structure and offering training and advancement opportunities. A sidebar breaks down the cost of turnover.
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ASC 842 may affect your dealership’s ability to obtain financing
Winter 2022
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 411
Abstract: After several delays, including a postponement in 2020 due to the COVID-19 pandemic, the deadline for applying a new lease accounting standard adopted by the Financial Accounting Standards Board (FASB) nearly six years ago is finally here. This article explains how the new standard may affect dealerships.
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Flipping the script – Meet inventory challenges by buying cars from consumers
Winter 2022
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 524
Abstract: One effect of the COVID-19 pandemic on the automobile industry has been a severe shortage of used car inventory on dealers’ lots. This, in turn, has impacted the used vehicle market, resulting in soaring used car prices. This article discusses a new digital platform that enables consumers to sell vehicles to participating dealerships looking to replenish their inventories and mentions the possibility that other players could launch similar platforms to help meet used-car inventory challenges.
-
How can you protect dealership assets with a trust?
Winter 2022
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 666
Abstract: Dealerships that have managed to survive, and even thrive, through these volatile economic times certainly will want to take advantage of any strategies that can help them protect the assets they’ve managed to acquire. This article offers some potential financial strategies to ensure assets can withstand challenges.
-
5 ways to boost employee retention and improve financial performance
Winter 2022
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 822
Abstract: Automobile dealerships have historically experienced high levels of employee turnover. But the employee turnover problem for dealerships is being exacerbated in the current economic environment, with many businesses having a hard time staying fully staffed. This article suggests some ways dealerships can hire and retain good employees, including re-examining the compensation structure and offering training and advancement opportunities. A sidebar breaks down the cost of turnover.
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Using VINs and AI to improve online marketing
November / December 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 439
Abstract: A vehicle identification number (VIN) provides access to almost everything anyone might want to know about a vehicle. This article discusses some dealerships’ use of VINs to more precisely target online marketing of their vehicles and better allocate their marketing dollars.
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Why LIFO accounting might be attractive right now
November / December 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 510
Abstract: Both new and used car prices have risen sharply this year, due mainly to a combination of high demand and tight inventories. This article notes that this rising-price environment might make now a good time for dealerships to consider the benefits of switching to last-in, first-out (LIFO) inventory accounting, which has the potential to lower income taxes and create other financial benefits for dealerships.
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Buying or selling a dealership? An earnout provision may help close the deal
November / December 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 671
Abstract: In a volatile economy, dealership mergers, acquisitions or sales can be difficult to close. This article suggests that when a purchase, or sale, of a dealership is held up because the parties can’t agree on the financial terms, an earnout provision can bridge the gap.
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How to position your dealership for the future
November / December 2021
Newsletter: Dealer Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 787
Abstract: With the rapid shift to online car buying caused by the COVID-19 pandemic, as well as the rise of online retailers like Carvana and TrueCar, the automobile industry may be on the cusp of a major change in how people buy their cars. This article explains that positioning a dealership for the future starts with understanding customer expectations when it comes to car buying. A sidebar points out the importance of strategizing how to sell vehicles to Millennials to improve future sales.
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Using VINs and AI to improve online marketing
Fall 2021
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 439
Abstract: A vehicle identification number (VIN) provides access to almost everything anyone might want to know about a vehicle. This article discusses some dealerships’ use of VINs to more precisely target online marketing of their vehicles and better allocate their marketing dollars.
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Why LIFO accounting might be attractive right now
Fall 2021
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 510
Abstract: Both new and used car prices have risen sharply this year, due mainly to a combination of high demand and tight inventories. This article notes that this rising-price environment might make now a good time for dealerships to consider the benefits of switching to last-in, first-out (LIFO) inventory accounting, which has the potential to lower income taxes and create other financial benefits for dealerships.
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Buying or selling a dealership? An earnout provision may help close the deal
Fall 2021
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 671
Abstract: In a volatile economy, dealership mergers, acquisitions or sales can be difficult to close. This article suggests that when a purchase, or sale, of a dealership is held up because the parties can’t agree on the financial terms, an earnout provision can bridge the gap.
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How to position your dealership for the future
Fall 2021
Newsletter: Auto Focus
Price: $225.00, Subscriber Price: $157.50
Word count: 787
Abstract: With the rapid shift to online car buying caused by the COVID-19 pandemic, as well as the rise of online retailers like Carvana and TrueCar, the automobile industry may be on the cusp of a major change in how people buy their cars. This article explains that positioning a dealership for the future starts with understanding customer expectations when it comes to car buying. A sidebar points out the importance of strategizing how to sell vehicles to Millennials to improve future sales.