Here is a list of Acronyms and Important Terms and their Definitions, commonly used in the automotive industry.
l l O – NO, this is a symbol used in the banking industry. Simply add a forward slash symbol “\” between the two “l” (one symbols) to disguise a “NO” for a finance decline. It sounds like one-one-oh; on paper, it looks like “l l 0″; (more…)
Automotive commission employees…have you ever had your pay plan changed? If you’ve faced a drop in your commission % or other changes designed to shrink your paycheque, you probably found it demotivating, to say the least. Here’s an article with some insight from a dealer’s perspective. In the end, I think we can all agree that this is a great way to lose a good employee.
Oops…The original article we linked to here is no longer available. Once we locate the new URL for it, we will reference it. In the meantime, here’s another great article written about the same topic, from a seasoned F&I Manager’s perspective. To read the article, click here.
As within, As without.
This principal applies to everything in your life. Specifically referring to money, we all have a money meter. Whether it’s conscious or unconscious, we have one. It’s particularly noticeable for salespeople who are paid by commission. Most have a target in mind of how (more…)
Scott Kilby, owner of Campbell River Hyundai is the lucky winner of our February $500 CASH contest! CONGRATULATIONS Scott!
Become part of the Canadian Automotive & RV online community! Register a free account; participate in one of the discussions on our Forum; or post a career vacancy in our Employment Center. For those seeking a career, publish your resume and become part of the search-able database so potential employers can easily find you.
Thank you to all our participants!
LOVE Automotive and RV Professionals Month!February is the month of Valentines. When is the last time you were appreciated because you work in the automotive or RV industry? Here is a chance to WIN $500 CASH! The objective of this contest is to help build an online community of Canadian automotive and RV professionals. At Profit Drivers we believe that the most valuable resources are found among the professionals within our own (more…)
Presenters: Carlos Gomes, Senior Economist, Scotiabank and Darrell Endresen, Assurance Partner with Meyers Norris Penny.
Carlos Gomes is a part of the Industry Research group and is responsible for covering the Automotive Sector. Carlos is well known within the industry for his Global Auto Report. An in-depth look at the outlook for 2011 will be discussed.
Darrell Endresen and his team of auto dealer specialists will discuss key accounting topics critical to the success of auto dealers. (more…)
Products offered in the business office at an automotive and RV dealership have tremendous value to customers and it’s important that your salespeople fully appreciate this too. Fair enough, they are focused on selling the vehicle which usually leaves little interest, if any, towards the success of business office product sales. The result is a breakdown in the relationship between the salesperson and the business manager. A few things that will help remedy that: (more…)
Simply refer others you know in the automotive and RV industry to open a FREE Profit Drivers account.
YOU earn one entry into the draw for every referral who registers an account! To make sure you receive an entry for every referral, send a quick email and provide (more…)
An event like no other with an impressive line-up of speakers and delegates worthy of your time…
