Cut

A car dealership CEO says he cut staff by 17%. Now employees are ‘happier’ and selling twice as many cars.

Toyota car dealership
  • Large car dealerships are doing fine after big layoffs in 2020, The Wall Street Journal reports.

  • One CEO said salespeople are happier and selling more after his company let go 1,500 people.

  • New and used vehicles are selling for record prices, leading to big commissions.

As the coronavirus pandemic ravaged the US economy in 2020, millions of workers across industries lost their jobs. Car salespeople were no exception.

Now, with the economy recovering and the auto market hotter than ever, some dealerships aren’t planning to hire back the employees they cut loose last year, The Wall Street Journal reports. Dealers have found that they’re doing just fine with a leaner, more efficient workforce.

Moreover, with fewer salespeople on staff, those that remain are faring better than before the pandemic, one dealer told The Journal. Car salespeople typically earn a base salary plus a commission for each vehicle they

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Don’t Let Car Repairs Break the Bank — Here’s How To Cut Costs

No one ever looks forward to getting their car repaired, but given enough time, it’s an inevitable certainty. You can’t avoid repairs, but you can take some steps to reduce the amount they set you back. When you feel a knock, hear a squeal or notice a rattle, do the following before you drop your car off at the shop — and prevent the most expensive repairs in the first place with a few proactive tips.

Last updated: March 11, 2020

Know Your Car

One of the best ways to save money on repairs is to do something you should do anyway no matter what you drive: Learn a little about your vehicle. Check out the manufacturer specs online and get to know your manual to prevent costly repairs and unnecessary wear and tear in the first place. That includes things like ground clearance, which tells you how much

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