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In the New Normal: What is Your Dealership Worth?

2013-08-14 19:26:26| AutomotiveDigest.com - Automotive Industry News

The Backstory: After the industrys near-death experience in 2008 and 2009, with dealership closings all around the country, and those that remained showed near-negative value, it is now becoming apparent that dealership valuations are once again on the rise. Whats causing this rise in valuations and how does it impact your dealership? Mike Stover, CPA/ABV with Brady Ware accounting services, puts the numbers together with insight into the key components of dealership valuation to understand the value of your dealership so drill down to the specifics to uncover the pathway to estimating what your dealership is worth. The Article In the New Normal: What is Your Dealership Worth? appeared first on Automotive Digest.

Tags: your normal worth dealership

 

TOP NEWS: J.D. Power CSI Study Explains High Dealership Satisfaction

2013-08-12 09:00:56| AutomotiveDigest.com - Automotive Industry News

Dealerships in the Phillipines are enjoying high satisfaction ratings from their customers and a recent J.D. Power and Associates study explains why. Mark F. O'Neil, chairman and CEO of Dealertrack Technologies, Inc., sees the momentum continuing with higher 2nd quarter financials based on recent trends. Dont discount the effect of those "compliance car" low-volume EVs produced particularly for one state theyve had some surprising results at the dealership.The Article TOP NEWS: J.D. Power CSI Study Explains High Dealership Satisfaction appeared first on Automotive Digest.

Tags: top news high power

 
 

PRESS RELEASE: Avison Young Completes $7-Million Land Sale in Santa Monica, California for Development of MINI Car Dealership

2013-08-05 17:56:00| National Real Estate Investor

Darcie Giacchetto Avison Young announced the $7-million sale of a half-acre land parcel in an off-market transaction for development of a MINI car dealership. read more

Tags: development press sale car

 

Lansing auto dealership owner focuses on experience

2013-08-04 14:18:38| Auto Dealers - Topix.net

Sherrill Freeborough hadn't planned to become an auto dealer. She actually started her career as a media center coordinator in K-12 schools and worked for a health spa before she took a job with a Chevrolet dealership in a Detroit suburb 30 years ago.

Tags: auto experience owner focuses

 

Consumers See Repairs & Damage on Apps in Dealership Service Department

2013-07-30 18:12:25| AutomotiveDigest.com - Automotive Industry News

There are many misconceptions about dealership service departments including, but not limited to, prices too high, high pressure selling, difficult warranty claim repairs and lack of communication between the mechanic and consumer. Live Website Repair Order, is a mobile phone app that allows car dealerships to use pictures to visually explain vehicle repairs to consumers via text messages and email.  The mobile app uploads images in real-time and posts them, allowing the consumer to see the damage to their vehicle and the needed repair. Since 40% of consumers do not have a repair shop they trust, this product provides a more transparent service visit to ease their minds. It also allows the service advisor to show the customer what is being done on their vehicle as it is happening. Ultimately, it enables the dealership mechanic to visually explain all service repairs to consumers in just four easy steps. Learn more!The Article Consumers See Repairs & Damage on Apps in Dealership Service Department appeared first on Automotive Digest.

Tags: service department damage consumers

 

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