Automotive Updates

Automotive Consultants, Automotive Dealership Consulting Firm, Enterprise Management Services, Mergers & Acquistions, Litigation Support

By Phil Villegas

http://wardsauto.com/dealerships/does-fiat-really-need-stand-alone-stores

While Suzuki exiting the U.S. market does not shock me, what does surprise me is the value of the dealer network that Suzuki disregarded.

  • 11/16/2012
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By Marilou C. Vroman, CPA, CFE

As the holidays approach and concentration may drift to turkey, holiday parties, and gift giving; now is the time to get dealership ready for a successful year-end and a clean, lean New Year.

By Phil Villegas

Can you trust your controller not to steal from you? Can you trust that your controller will catch someone else if they’re stealing from you? If you answered yes to both questions, congratulations! You are in a very exclusive group of dealers, one that will likely become more elite in years to come.

By Phil Villegas

http://wardsauto.com/industry-voices/now-s-time-sell-dealership

We don’t need to get too deep into statistics or demographics to know we will see some dramatic changes to the dealership body profile over the next five years.

  • 07/02/2012
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By Phil Villegas

Anyone who attended the 2012 NADA convention in Las Vegas likely felt the buzz of optimism by manufacturers, vendors and dealers as to the outlook of the industry. It had easily been several years since the NADA convention held the same level of energy amongst its attendees.

  • 07/02/2012
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By Marilou C. Vroman, CPA, CFE

Chances are most dealers and managers have either experienced first-hand or heard stories of a large parts write-off upon completion of a dealership parts physical inventory. Interestingly, while an employee may lose his or her job over a cash shortage of $200, a parts variance of $25,000 may result in only a temporary stir among the management team. After a brief search for the cause, it is often back to “business as usual” for many dealership organizations.

By Phil Villegas

http://viewer.zmags.com/publication/ccbaaf6e#/ccbaaf6e/36

Phil Villegas is a principal at Axiom Advisors, an automotive dealership consulting firm specializing in Mergers & Acquistions, Enterprise Management and Litigation Support. He can be reached at pv@axiom-auto.com or 786-472-2800.

  • 03/01/2011
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By Marilou C. Vroman, CPA, CFE

Published in: Professional Auto News

Business intelligence describes the methodology of extracting business data and turning it into valuable information to help business owners and managers make better business decisions. As a dealership goes about its daily business, the Dealership Management System (DMS) is working behind the scenes, capturing transaction history, as well as details about customers, vehicles and employees.

By Phil Villegas

Walking the floor of the National Automobile Dealers Assn. convention last month, I wonder how dealers feel as they weave up and down the aisles featuring products and services

  • 02/01/2011
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  • Comments Off on The Playing Field Is Different – Big game on for toughened-up domestic-brand dealers
By Phil Villegas

On the retail automotive front, there is good reason to be excited.  The economy is starting to rebound and consumer confidence on the rise.  We are seeing optimistic forecasts for retail auto sales, while government intervention is no longer the key to survival.

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