Category: Dealership Operations

Dealerships 101: What is Auto “Floor Plan” Lending?

Many consumers who purchase new cars or trucks from local dealerships may not realize that the dealership actually owns those cars and trucks, which they purchase directly from the factories. So how are dealerships able to afford keeping an inventory of all of those new cars and trucks on their lots? 

ATD Academy Prepares Dealers and Managers for Success

“I wish there had been an ATD Academy when I started in business,” said Bob Nuss, president of Nuss Truck Group in Rochester, Minn., which employs 320 people at eight locations.

Good Intentions vs. Unintended Consequences

Earlier this month I had the privilege of addressing the Automotive Press Association in Detroit. I told the journalists there that American auto dealers share the same passion: to serve the needs of the car-buying public as efficiently as we can.

The Equifax Data Breach – What Dealers Should Know

Given the number of people affected and the sensitive type of information exposed, dealers should understand the basics of the breach and what it means for their customers.

These 5 New-Car Dealerships are Changing the Face of Automotive Retail

MyDealership.org is an initiative by America’s local new car and truck dealerships, designed to show the benefits of local dealerships to consumers, local communities, and car manufacturers.

A Good Relationship Is a Two-Way Street

I am holding strong to the stance that if factory efforts such as stair-step incentive programs run afoul of everything we and our customers care about, including fairness and transparency, then we are obliged to tell our factory partners that the stairs are merely steps leading directly to the basement.

Host a Member of Congress at Your Dealership in August

The August congressional recess presents a rare opportunity to educate our elected officials on our own home turfs and on our key policy issues.

VIDEO: Lithia Motors Founder Discusses Importance of 20 Group Participation

We recently traveled to Medford, Oregon to chat with Sid DeBoer, founder and chairman of Lithia Motors, about his experience with 20 Groups.

3 Reasons to Attend America’s Premier Dealership Training Program

If you work in automotive retail, chances are that you or someone you know has benefited from the NADA Academy. Founded in 1979, the industry standard for dealership operations training has prepared generations of automotive leaders for successful dealership careers.