Categories
EFG Companies

Your Absent Administrator Is Losing You Money!

When was the last time you saw your F&I administrator? Did you receive a data-rich year-end report on product performance? Have they provided a schedule of 2025 training sessions for your employees? Are they delivering support to your management team? No – nothing?

Categories
Dealership Training EFG Companies F&I

Connect with More Customers, Make More in 2025.

Welcome to the New Year rush! At your dealership, you’re trying to move out those older units while negotiating for new models. You’re also connecting with key business partners to review and finalize plans and projections for 2025. And last – but not least – you have a calendar chock full of social commitments with friends and family! But what if I told you that you could connect with more customers and make more in 2025? Let me explain.

Categories
Industry Trends

2021 – Same But Different

As December 31st rolled around, it felt like everyone was holding their breath, ready to put an extremely difficult year behind them. Then, the realists reminded us that the changing of a date really doesn’t wipe away all the challenges we are currently facing.

The 2021 challenges for the auto industry look much the same as they did in 2020. According to The Conference Board’s economic forecast issued January 13th, several factors will impact the US economy in 2021, including:

  • scale of the ongoing COVID-19 resurgence and any resulting lockdowns;
  • status of labor markets and household consumption;
  • size and timing of additional fiscal stimulus;
  • timing and availability of a COVID-19 vaccine; and,
  • degree to which volatility in the US political transition affects consumer and business confidence.