Employee-owned auto group expands into Milwaukee market.
https://www.fi-magazine.com/370283/wisconsin-dealership-traded?utm_source=dlvr.it&utm_medium=blogger
Are you looking to stay up-to-date on the latest industry-leading products, training opportunities, and news in your field? We will be sharing the latest information and insights into the products and technologies that are shaping the future of your industry. Our team of experts will provide in-depth analysis and reviews of the latest products, as well as training and support resources to help you stay ahead of the curve.
Friday, March 10, 2023
Thursday, March 9, 2023
Black Book: Weekly Market Report
Sales rates continue to be less than ideal, with many buyers exercising caution for fear of loading up on inventory that does not turn quickly, especially when values are experiencing heavy declines week after week.
https://www.fi-magazine.com/369592/black-book-weekly-market-report-8?utm_source=dlvr.it&utm_medium=blogger
https://www.fi-magazine.com/369592/black-book-weekly-market-report-8?utm_source=dlvr.it&utm_medium=blogger
DriveItAway Partnership Launches Subscriptions in Canada
Partners with Legacy Auto Credit in Ontario for app-based subscription-to-ownership program.
https://www.fi-magazine.com/369595/driveitaway-holdings-partnership-launches-subscriptions-in-canada?utm_source=dlvr.it&utm_medium=blogger
https://www.fi-magazine.com/369595/driveitaway-holdings-partnership-launches-subscriptions-in-canada?utm_source=dlvr.it&utm_medium=blogger
Wednesday, March 8, 2023
Redwood Materials to Build S.C. Battery Manufacturing and Recycling Facility
The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually.
https://www.fi-magazine.com/369597/redwood-materials-to-build-s-c-battery-manufacturing-and-recycling-facility?utm_source=dlvr.it&utm_medium=blogger
https://www.fi-magazine.com/369597/redwood-materials-to-build-s-c-battery-manufacturing-and-recycling-facility?utm_source=dlvr.it&utm_medium=blogger
Black Book: Weekly Market Report
The first week of March started off as expected with sales rates continuing to increase across the country.
https://www.fi-magazine.com/370251/black-book-weekly-market-report-11?utm_source=dlvr.it&utm_medium=blogger
https://www.fi-magazine.com/370251/black-book-weekly-market-report-11?utm_source=dlvr.it&utm_medium=blogger
Tuesday, March 7, 2023
One-in-Four Vehicles Financed by Credit Unions in Q4 2022
New Experian report shows average loan amount increases tapering off, while average terms decreased.
https://www.fi-magazine.com/370253/one-in-four-vehicles-financed-by-credit-unions-in-q4-2022?utm_source=dlvr.it&utm_medium=blogger
https://www.fi-magazine.com/370253/one-in-four-vehicles-financed-by-credit-unions-in-q4-2022?utm_source=dlvr.it&utm_medium=blogger
The Culture In A Dealership Is Transparent
Have you ever walked into a dealership and felt an unexplainable energy? Perhaps it was a feeling of excitement, anticipation, or even nervousness. On the other hand, maybe you felt a sense of unease or negativity. Whatever the feeling may be, the energy inside a dealership is palpable and has a direct correlation with the culture of the store.
The culture of a dealership is defined by the shared values, beliefs, and behaviors of the employees. It is the foundation on which the dealership is built and determines how it operates. The energy within the dealership reflects the culture and can either attract or repel customers.
Positive energy is infectious and creates a welcoming environment for customers. It fosters a culture of enthusiasm, collaboration, and positivity. Employees who exude positive energy are more likely to engage with customers and make them feel valued. In turn, customers are more likely to return to the dealership, leave positive reviews, and refer friends and family.
Conversely, negative energy can make customers feel unwelcome and uncomfortable. It can come in the form of employees who are disinterested, unenthusiastic, or even rude. Negative energy can lead to a culture of complacency, resentment, and even hostility. Customers are less likely to return, leave negative reviews, and discourage others from visiting the dealership.
So, how can a dealership cultivate positive energy and a welcoming culture? It starts with leadership. Managers and owners must set the tone for the dealership and model the behavior they want to see in their employees. They must foster a culture of respect, transparency, and accountability. Employees who feel valued and supported are more likely to exude positive energy and engage with customers.
Training is another important factor in creating a positive culture. Employees should be trained in customer service, communication, and problem-solving skills. They should also be educated on the dealership's products and services. When employees feel confident in their abilities, they are more likely to engage with customers and provide a positive experience.
The energy inside a dealership is a reflection of its culture. Positive energy attracts customers and fosters a culture of enthusiasm, collaboration, and positivity. Negative energy repels customers and can lead to a culture of complacency, resentment, and hostility. Dealerships can cultivate a positive culture by providing strong leadership, training, and support for their employees. By doing so, they can create a welcoming environment that attracts and retains customers.
#WeAreEliteFI
https://www.elitefipartners.com/post/the-culture-in-a-dealership-is-transparent?utm_source=dlvr.it&utm_medium=blogger
https://www.elitefipartners.com/post/the-culture-in-a-dealership-is-transparent?utm_source=dlvr.it&utm_medium=blogger
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