Technician Shortages, Inventory, and the Growing Digital Market Remain Top Concerns Following a recent announcement by Gov. Gavin Newsom that California will aim to fully re-open its economy by June 15, automotive dealerships and service shops are now anticipating the closest environment to normal they’ve had in over a year.... Read More +
Chasing 100% Could Have Opposite Effect if You Lose Sight of Customers Attaining a 100% absorption rate continues to dominate conversations in and around the automotive sector – as it has for years – but hitting the mark remains exceedingly rare. With only about 1% to 2% of dealerships nationally... Read More +
With Sales Down, Dealerships and Shops Reduce Staff, Expenses to Remain Open Although some SCL partners reported a spike in new car sales immediately following a move by the Federal Reserve slashing interest rates to nearly 0%, most in the industry are relying heavily on their service departments to carry... Read More +
Southern California Business Leaders Share What Keeps Them Up at Night After a devastating financial crisis in 2007 and 2008, not many investors could have predicted the rewards that came this decade. U.S. stocks are now on record as experiencing the longest bull market ever, and according to Bloomberg Businessweek, “gains... Read More +
