California car dealership pay plan breaks down sales, F&I silos
A California dealership group implemented a pay plan that incentivizes collaboration between the sales reps and F&I managers and has increased the sale of F&I products.
Polestar CEO Thomas Ingenlath sees tenfold sales growth by 2025
The EV maker’s CEO also discusses chip crisis and a big change made to the Volvo subsidiary’s marketing in the U.S.
Netflix upping US, Canada prices with competition growing
Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.
Bank profits soared in 2021, but inflation is front of mind
Three of the nation’s biggest banks reported blowout profits for 2021 on Friday, helped by the improving economy and consumers and businesses willing to spend and take on loans.
December retail sales slip after a record holiday season
Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season, but figures released Friday show that spending is starting to slow.