Mr. Buffett Doesn’t Want to Change Automotive Retail, He Likes the Model Too Much

Mr. Buffett Doesn’t Want to Change Automotive Retail, He Likes the Model Too Much

Our analysis of yesterday’s stunning announcement from Warren Buffett that he is acquiring the Van Tuyl Group: Welcome to the Industry, Mr. Buffett. I’ve had several conversations and have read numerous blogs that speculate Buffett will usher in a new world for automotive retail — improving the shopping and buying processes both online and offline. Some of… Continue Reading

Cliff Banks - The Banks Report

AICPA Conference in Vegas

A little bit of bragging here — I’ve been asked to give the keynote presentation for the AICPA Auto Dealership Conference in October in Las Vegas. My friend John Davis who is a partner with Dixon Hughes Goodman’s Dealer Services Group and is on AICPA’s dealer conference committee helped facilitate the engagement.  The conference is for dealership… Continue Reading

Cliff Banks - The Banks Report

Digital Dealer Conference

September 21, 2014 — We’re heading to Las Vegas this week for the 17th Digital Dealer Conference. Outside of the NADA convention, it’s probably the biggest dealer-focused conference in the country, and has been for several years. There always seems to be news coming from the conference. During the conference last April (Dealer Communications holds two… Continue Reading