How do you increase sales in the parts department while simultaneously increasing new vehicle purchases? The solution is pretty simple! With the right strategy, your parts department could become the untapped gold mine of your dealership. Here is how you can start...
Unaddressed obsolescence can sink inventory profit, waste precious shelf space, and hurt service. There are many ways these obsolete parts end up sitting on a shelf in the back of your parts department, including special orders that never get picked up and poor...
If the pandemic taught us one thing, it’s that businesses needed to “Go Digital or Go Home.” Before the pandemic, shopping online was a fairly common occurrence for most of us. We’ve all purchased items from online businesses and taken advantage of Amazon’s gigantic...
Like us, you’ve probably noticed a drop in new car sales in the past year. According to IHS Markit, this trend is expected to continue, with new car sales projected to make up only 5% of all vehicle sales in 2021. Although a decline in new car sales is expected to...
After a challenging year for new car dealerships, we want to take this opportunity to celebrate those that have risen valiantly from the ashes of 2020 with revenue gains to show for it. We are proud to announce the 1st annual Parts Excellence Awards winners, where we...
The start of the new year is an opportunity to audit your processes and make improvements. These New Year’s resolutions were made to guide you in the journey to having a more successful, more profitable parts department in 2021. A promise to improve is nothing without...
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