Retail

Glassdoor honors Hendrick, Zeigler as Best-Run Companies; Bentley GMC earns 9th GM top dealer award

Two large dealer groups and an Alabama General Motors dealership were recognized with prestigious awards this week. Zeigler Auto Group and Hendrick Automotive Group were selected for Glassdoor’s inaugural list of Best-Led Companies, a new award that “honors employers with ... [Read More]

Wholesale

Carvana has capacity to recon 1.3 million used vehicles annually and can bolster to 3 million

Carvana is bolstering its inspection and reconditioning capacity and in its first quarter delivered its best financial results ever, company executives said during its quarterly earning call. CEO Ernie Garcia said Carvana’s inspection and reconditioning infrastructure in its first quarter that ended March 31, had the capacity to handle 1.3 million vehicles per year, which is over triple its current volume, and the ability to expand that reconditioning capacity to ... [Read More]

Technology

FordDirect to integrate its data with DriveCentric’s CRM

DriveCentric has partnered with FordDirect, a collaboration designed to enhance the way Ford and Lincoln dealers engage with customers though data insights and CRM technology. FordDirect is a joint marketing and advertising joint venture between Ford Motor Co. and its ... [Read More]

Financial

Vroom reports net loss of $44.7M in Q1, completes wind-down of ecommerce & used-car retail business

Vroom, which completed the winddown of its ecommerce operations and used-car retail business in the first quarter, detailed the financial results of its Q1 on Friday and provided some color on the state of its remaining United Auto Credit and ... [Read More]
John Scotti Automotive celebrates 50 years

Analysis

COMMENTARY: What Q1 inventory management data means for today’s successful dealers

Inventory management remains critical for auto retailers today in determining profitability, customer satisfaction, and operational efficiency. The traditional methods of inventory management, reliant on manual processes and intuition, are proving inadequate in the face of rapidly evolving consumer preferences, market ... [Read More]
BHPH evolution: Key to success in a recovering auto industry

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