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Jim Ellis group showcases CPO skills, supports veterans in annual competition
This wasn’t the first year Jim Ellis Automotive Group has held its annual CPO Product Presentation Walk-Around competition. However, it was one of the best attended. In its ninth year, the event, held on Nov. 6, was dedicated to veterans, a cause that organizers said drew a sizeable crowd. What began as a walk-around competition […]
Dealers not expecting immediate sales jolt from third interest-rate cut of the year
On Wednesday, the Federal Reserve lowered the federal funds rate for the third time this year, reducing the range to 3.5% to 3.75%. The latest Cox Automotive Dealer Sentiment Index showed the economy remains the top factor holding back business, increasing significantly in the fourth quarter, with 51% of dealers citing it, up from 44% […]
AutoCanada’s new captain prepares to guide the ship toward growth
There’s a new captain at the helm of AutoCanada. And even with “interim” attached to his title, Sam Cochrane is very clear about the course he’s set for the Edmonton-based dealership group. Having navigated stormy seas as chief financial officer for the past year and a half under former executive chairman Paul Antony, the interim […]