Phil Spagnoli's Blog – December 2020 Archive (2)

5 Tips to Drive into a Profitable New Year

The New Year is shaping up to be a good one for dealers. According to a report by the Economist, new car sales will be up by 15 percent in 2021.

 

I think we’re all happy to have 2020 in the rearview mirror. Now it’s time to refuel, refine and ride into stellar sales numbers. Get every department in your dealership in tip-top shape and drive into profitability with the following…

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Added by Phil Spagnoli on December 31, 2020 at 1:02pm — No Comments

Why Millennials Skip Your Service Drive

Remember when industry experts were predicting that millennials weren’t interested in owing vehicles? Turns out, they were wrong. The millennial generation with close to 80 million members is expected to account for 40 percent of all new-vehicle purchases over the next ten years, according to research by Deloitte.

 

All of those vehicles will need service. That’s a huge opportunity for dealership service centers – but only if they…

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Added by Phil Spagnoli on December 1, 2020 at 9:42am — No Comments

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