Dealership

Which Car Dealership Stock is a Better Buy? By StockNews


© Reuters. Vroom vs. AutoNation: Which Car Dealership Stock is a Better Buy?

Because the resurgence of COVID-19 cases is again benefitting automobile sales as people purchase cars to avoid public transport, the car dealership industry is well-positioned to witness sales growth. And we think AutoNation (NYSE:) and Vroom (VRM) should benefit from this. But which of these two stocks is a better buy now? Read more to find out.AutoNation, Inc. (AN) in Fort Lauderdale, Fla., operates as an automotive retailer in the United States through its subsidiaries. The company operates through three segments: Domestic, Import, and Premium Luxury. In comparison, Vroom, Inc. (VRM) in New York City operates an e-commerce platform to buy and sell new and used cars. It also offers financing solutions.

As governments worldwide reinstate lockdown and social distancing measures to limit the spread of the highly transmissible COVID-19 omicron variant, people are again starting to

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Altoona car dealership accepting gifts for families in need

ALTOONA, Pa. (WTAJ)– A car dealership in Altoona is doing its best to help spread some holiday cheer this year.

The Dean Patterson Automotive Group has been collecting Christmas gifts for local families that are in need. A tree is set up in the group’s showroom that has gift tags on it that community members can grab to see what the requested gifts are.

Workers at the dealership say that they have already seen a great turnout from the local community so far and that it does bring them joy to be able to give back.

“I think that always makes you feel good when you can do something for somebody,” General Sales Manager Jean Johnson said. “You know, when they brought the items that they purchased for these families, knowing that they were going out and buying for

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Simply Automotive Sales and Service Transforming the Used Car Dealership Experience


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Tempe, Arizona, Oct. 26, 2021 (GLOBE NEWSWIRE) — Simply Automotive Sales and Service is changing the way shoppers find quality used cars for sale. Located in Tempe, Arizona, this used car dealership and service center is the area’s premier partner for any automotive needs. And for anyone in the market for a used vehicle, establishing a relationship with a trusted sales partner is a crucial step to ensuring a successful purchase.

At Simply Automotive, customers discover an unmatched selection of used cars, trucks, and SUVs, including foreign and domestic models—suited for any budget needs. The financing team at Simply Automotive will work with buyers to find the perfect vehicle at the ideal price. With financing programs for first-time buyers and even bankruptcies, this dealership believes everyone deserves to have safe,

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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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