Ex-dealer wins $256M jury award from Nissan finance unit

After years of legal wrangling, ex-Nissan dealer Mike Kahn has been awarded $256 million by a jury against Nissan Motor Acceptance Corp.

Santander has dropped 800-plus dealerships

Santander Consumer USA has terminated more than 800 dealerships since 2015, based on “performance-related issues,” the lender said.

Making free oil changes pay off

Lester Glenn Auto Group used to give away unlimited free oil changes with vehicle purchases, but it became costly and unmanageable. Now the group limits the amenity and pairs it with a pitch for pre-paid maintenance. The result: $150,000 a month in incremental service revenue.

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