Why car dealership leaders should train their replacements
The first rule of succession planning is talking about succession planning. Few dealerships have a formal replacement strategy in place......»»
UAW makes gains at auto suppliers — but it could come at a cost
The 2023 negotiations between the international UAW and Detroit 3 inspired local union leaders to take more of a hardline approach when bargaining with companies in the supply chain......»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»
NASA makes a very tough decision in setting final Crew-9 assignments
"I am deeply proud of our entire crew." Enlarge / Nick Hague, left, and Zena Cardman train inside a Crew Dragon spacecraft mock-up in November 2023. (credit: NASA) On Friday NASA publicly announced a decision that has r.....»»
GM"s BrightDrop electric vans to become Chevrolet models
GM's BrightDrop electric vans will become Chevrolet models, the idea being to leverage Chevy's larger dealership network......»»
Big-name publishers are refusing to let Apple Intelligence train on data
Website owners have a simple mechanism to tell Apple Intelligence not to scrape the site for training purposes, and reportedly major platforms like Facebook and the New York Times are using it.Future expansions to Apple Intelligence may involve more.....»»
Dealership catches onto scammer, but plays along until cops arrest him
A video showing a customer taking delivery of two Kia Tellurides, then being arrested for allegedly using a fake driver's license, went viral on TikTok......»»
Behind the scenes: A dealership transaction in New Jersey
Automotive News gets glimpses of a dealership closing in Little Silver, N.J......»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
Political skills crucial for leaders navigating through organizational change
In today's fast-paced business environment, organizational change is inevitable, yet around 60% of these changes fail. Leaders can play a crucial role in navigating these transitions, but achieving success calls for more than just traditional leaders.....»»
McGovern Automotive"s deal to buy Mercedes store isn"t just business — it"s personal
Sellers Allan Sockol and Scott Coleman's values align with rapidly growing McGovern, and they will remain involved in the dealership as partners......»»
Not sure how leaders can stand out on Zoom calls? It starts with how you communicate, study shows
More companies are embracing remote work, and with that comes a need for more frequent communication. Teamwork through a screen isn't always the same as having a group in the same room, so how are companies cultivating leaders in these virtual settin.....»»
CEOs of Nvidia, suppliers highest-paid leaders in 2023 compensation analysis
The median CEO compensation across auto industry sectors in 2023 declined 2.5 percent year over year to about $11.3 million......»»
Judge upholds $350,000 award against Michigan dealership for wrongful repossession
A federal judge upheld a $350,000 punitive damages award against a Michigan dealership in a spot delivery and wrongful repossession case......»»
NAMAD asks members to share their thoughts as leaders assume new roles
MIAMI BEACH, Fla. — The National Association of Minority Automobile Dealers is conducting its own survey of members' attitudes to provide a more focused view of the group's needs and how they might differ from other U.S. car retailers. Damon Les.....»»
Why C-suite leaders are prime cyber targets
Senior executives are prime targets for cybercriminals, with 72% of surveyed cybersecurity professionals in the US reporting that cyberattacks have targeted this group in the past 18 months. This trend, highlighted in GetApp’s 2024 Executive Cybers.....»»
Service tip: Use each customer"s data during phone calls to ensure meaningful engagement
Service-to-sales phone calls are a crucial touchpoint in any dealership's customer engagement strategy, says Kurt Philippsen, dealer relations manager at automotiveMastermind......»»
Ambitious people aren"t born leaders, research suggests
Do ambitious people make good leaders? Ambition can lead people to strive for leadership roles. But could there be a mismatch between qualities that motivate people to strive for leadership and qualities that make people good leaders?.....»»
2 FTC commissioners call dealership discrimination claim by agency an overreach
The Coulter Motor Co. case saw further debate among the Federal Trade Commission over the validity of the agency bringing discrimination claims using the FTC Act's unfair practices language......»»
Strategies for security leaders: Building a positive cybersecurity culture
Culture is a catalyst for security success. It can significantly reduce cybersecurity risks and boost cybersecurity resilience of any organization. Culture can also greatly enhance the perceived value, relevance and reputation of the cybersecurity fu.....»»
CDK Global to pay $100 million to settle dealership antitrust suit
The proposed settlement, which requires a judge's approval, avoids a planned September trial. It does not affect other pending litigation against CDK......»»