Another record quarter for #Pickles! 🚗📊 In Q3 2024, we saw an impressive 41% year-on-year boost in #usedcarsales, our highest post-covid volume yet. With new orders from #fleet and #government partners on the way, this momentum shows no sign of slowing down. Check out the latest Quarterly Automotive Report (QAR) for all the insights! 🔥 https://bit.ly/3NJTJXC
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🚗 The results are in: The Car Dealer Top 100 is here Curious which dealerships are leading the pack in profitability? Automotive team here @ CP have crunched the numbers to reveal the UK’s most profitable car dealers by EBITDA. It’s not just a leader board, it’s a behind-the-scenes look at the resilience, innovation, and strategy driving the industry forward. Want to know who made the top 10? 🤔 Or dive deeper into what’s shaping the future of automotive? 👉 Check out the full article here: https://lnkd.in/ewMqss2F #CarDealerTop100 #AutomotiveInsights #DrivingProfits #CooperParry I'm always here to answer any questions on the data
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🚗 The results are in: The Car Dealer Top 100 is here Curious which dealerships are leading the pack in profitability? Ian McMahon and our Cooper Parry Automotive team have crunched the numbers to reveal the UK’s most profitable car dealers by EBITDA. It’s not just a leaderboard, it’s a behind-the-scenes look at the resilience, innovation, and strategy driving the industry forward. Want to know who made the top 10? 🤔 Or dive deeper into what’s shaping the future of automotive? 👉 Check out the full article here: https://lnkd.in/eiS9aedJ #CarDealerTop100 #AutomotiveInsights #DrivingProfits #CooperParry
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🚗 The results are in: The Car Dealer Top 100 is here Curious which dealerships are leading the pack in profitability? Ian McMahon and the Automotive team have crunched the numbers to reveal the UK’s most profitable car dealers by EBITDA. It’s not just a leaderboard, it’s a behind-the-scenes look at the resilience, innovation, and strategy driving the industry forward. Want to know who made the top 10? 🤔 Or dive deeper into what’s shaping the future of automotive? 👉 Check out the full article here: https://lnkd.in/eEpb-zSb #CarDealerTop100 #AutomotiveInsights #DrivingProfits #CooperParry
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In our latest blog, Becca Villegas discusses actionable strategies for automotive dealerships to control costs, streamline operations, and maintain profitability. Discover insights on optimizing inventory, improving F&I processes, and enhancing operational efficiency. Click the link below to read the full article! https://lnkd.in/gSE3Tzbr #AutoDealership #OperationalEfficiency #InventoryOptimization #AutoIndustry #AutomotiveTrends #Mach10Automotive
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🚗 The results are in: The Car Dealer Top 100 is here Curious which dealerships are leading the pack in profitability? Ian McMahon and the Automotive team have crunched the numbers to reveal the UK’s most profitable car dealers by EBITDA. It’s not just a leaderboard, it’s a behind-the-scenes look at the resilience, innovation, and strategy driving the industry forward. Want to know who made the top 10? 🤔 Or dive deeper into what’s shaping the future of automotive? 👉 Check out the full article here: https://lnkd.in/e8YYa4aB #CarDealerTop100 #AutomotiveInsights #DrivingProfits #CooperParry
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🚗📉 Fleet Sales Flatlined in July 2024: What Does It Mean for the Automotive Industry? The latest data from Automotive Fleet reveals a significant trend in fleet sales: July 2024 saw a plateau in fleet sales, with growth stalling after a period of steady increases. This development has important implications for both fleet managers and automotive industry stakeholders. 🔍 Key Insights from the Report: 1. Sales Stagnation: Fleet sales remained flat in July, indicating potential shifts in demand or market saturation. This pause could reflect broader economic uncertainties or changing preferences within the fleet market. 2. Market Dynamics: Understanding the reasons behind this stagnation is crucial. Factors such as fluctuating vehicle prices, supply chain challenges, or evolving fleet requirements may be contributing to this trend. 3. Strategic Adjustments: For fleet managers, this is a moment to reassess purchasing strategies and fleet composition. It might be time to explore alternative vehicle options or adjust procurement timelines in response to market conditions. 4. Implications for Manufacturers: Automotive manufacturers and dealerships should consider how this plateau affects their sales forecasts and inventory management. Aligning with fleet needs and market trends will be key to navigating these changes effectively. #FleetSales #AutomotiveIndustry #MarketTrends #FleetManagement #VehicleSales #AutomotiveFleet #IndustryInsights #DataDrivenStrategy #FleetMarket
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Auto logistics demands precision and transparency, and Ship.Cars is leading the charge with a new real-time tracking link feature. Typically only available from last-mile delivery services in the retail sector, this functionality allows car shipping customers to monitor their orders, see status updates and estimated arrival time, and access all pertinent delivery documentation. "Our commitment to innovation remains steadfast. By leveraging advanced technologies we can provide even greater transparency and efficiency to our shipping partners and valued carriers," says Eftim Eftimov, President of Ship.Cars. This advancement enables brokers like Montway Auto Transport to deliver exceptional customer service quickly and efficiently. Read Cherokee Media Group's Auto Remarketing full announcement: https://bit.ly/4bVDIaN. #ShipDotCars #AutomotiveIndustry #AutoTransport
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🚚 #Quickreaction: Navigating the Future of Vehicle Pickup & Delivery Services In an era where same-day delivery is becoming the norm, the automotive industry faces new challenges. As service managers, how do you envision the evolution of vehicle pickup and delivery services? Join the dialogue: How are you preparing for the future of these services? Your foresight can drive the industry forward. Share your strategies
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The automotive industry suffers from significant data disconnects between the critical platforms that run dealerships. As covered in MediaPost, our latest dealer snapshot survey highlights the ongoing silos in the auto sales and finance process and the lack of API integration that is leading to data discrepancies that directly impact dealership sales and profitability. Check out the full article for more insights: https://lnkd.in/gV78y7id #automotiveindustry #API #autofinance #autodealers #modernretailing #automotive #carbuying #innovation #autosales #autodealership #autoretail
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Penske Automotive Group and AutoNation earnings are out this morning and the retail automotive story is fairly simple (even when it's clouded by CDK). Strong revenue is tempered by the challenges of stabilizing the cost of sales and ultimately, profits. The publics to date are reporting progress on this front as well as strong numbers in parts and service. Can't help but notice both are sitting on a lot of accessible cash and the bigger story we're watching for #automotive; today's 2pm #Fed decision and commentary on rates for the rest of 2024. This matters more than anything to the automotive industry right now. #interestrates #earnings #Penske #AutoNation We cover all of these topics in our latest market outlook midyear update released yesterday, check it out:
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Sales Manager driving 20% revenue growth through client relationships
5moFantastic update