Pub. 4 2023 Issue 1

By now, many of us have seen a TikTok video filmed at someone’s workplace — a “day in the life” video, someone complaining about their coworkers, supervisors, or customers, or someone talking about an unrelated subject while at the office. And a relatively new platform, BeReal, goes a step further by encouraging users to provide

Elon Musk recently commented that he couldn’t see his closest competitor in the EV market with a telescope. Those are admittedly bold words, and that kind of posturing is typical as the jockeying within the EV market heats up. But many dealers selling OEM brands think Mr. Musk doesn’t need a telescope; he needs a

The past two years have seen auto retailers adapt to limited vehicle inventory and pandemic restrictions while driving profits to new heights. Now dealers face rising interest rates — a critical concern for an industry that relies on capital to fund operations and growth. For some, it’s time for a balance sheet review and risk

Change is tough, but a lot of good can come from it. We’ve seen this repeatedly as disruptors redefine and restore balance to industries. EVs will cause a big shift, complete with changes to policy and procedure. However, as electric vehicles go mainstream, there will still be plenty to do in dealership service departments. EVs

One of the significant challenges of running any automotive dealership is moderating expenses. General managers and dealer principals are responsible for controlling many costs, including payroll, vehicle inventory, floorplan, and parts inventory. Monthly bills add up, and there is less revenue to put toward necessary resources. A major opportunity for expense control may be the

CFADA is over 90 years strong because of engaged and caring members like Raul J. Gomila, General Manager, City Kia of Greater Orlando. We recently sat down with Raul and talked with him about his career, experiences in the auto industry, and how EVs are changing the industry. We would like to thank Raul for

Since 1929, CFADA has had a history of excellence and members that lead by example. Lenore J. Spencer, General Manager of Key Scales Ford, is no exception. We recently had the chance to sit down with Lenore and get to know more about her, her thoughts on the current state of the industry and EVs,

Our officers and directors play a critical role in our success. The board consists of a diverse group of highly trained professionals. Each person on our leadership team brings many years of experience in the U.S. and worldwide. Their dedication ensures that Central Florida’s new and veteran automotive professionals have access to the region’s most

My morning routine is simple. After getting ready for the day, I end up in the kitchen for my gluten-free waffle with natural jam and Florida honey, and a black cup of coffee. Then, I scroll through my phone for the latest news. Prevalent in my news feed is the news for everything automotive. Electric vehicles