Dealers

SHAREHOLDER VALUE

Lithia's big DCH deal was a boon for shareholders

12:01 am U.S. ET | July 28, 2014
Lithia Motors' big acquisition last month fueled a strong second quarter for the publicly traded retailer in terms of shareholder value return.... Read More »

 

Hot hybrid

12:01 am U.S. ET | July 28, 2014
Honda Motor Co. engineers are trying to figure out why an Acura NSX undergoing high-speed testing at Germany's Nurburgring last week caught fire and burned to the ground.... Read More »

 

5 YEARS LATER

'Cash for clunkers opened up the floodgates'

12:01 am U.S. ET | July 27, 2014
The Car Allowance Rebate System, also known as cash for clunkers, was a lifeline at a desperate time for the U.S. auto industry. Nearly 700,000 vehicles were traded in through the nearly $3 billion program, which provided consumers as much as $4,500 each to trade in an old gas guzzler for a more fuel efficient new model.... Read More »

 

LETTER TO THE EDITOR

Hot, new cars help sell older cars

12:01 am U.S. ET | July 21, 2014
Hot, new product always sells the older new and used product.... Read More »

 

Why Daimler will wait until '17 to debut fuel cell vehicle

12:01 am U.S. ET | July 21, 2014
Daimler's first series-production hydrogen vehicle could have been ready about now, but the company is putting off the vehicle's debut until 2017.... Read More »

 

Bob Mentzer, a longtime Pennsylvania dealer, dies at 89

12:01 am U.S. ET | July 21, 2014
Bob Mentzer, a longtime Pennsylvania dealer, died June 8.... Read More »

 

75 with Lincoln

Dealers

12:01 am U.S. ET | July 21, 2014
... Read More »

 

Dealership Buy/Sell

12:01 am U.S. ET | July 21, 2014
This Automotive News feature lists recent dealership acquisitions as reported by brokers, official announcements and news media.... Read More »

 

Supply steady at 60 days

12:01 am U.S. ET | July 14, 2014
Automakers started July with a 60-day supply of unsold vehicles, the level traditionally considered an ideal balance — enough to meet demand but not high enough to require discounting.... Read More »

 

Ford's vision extends beyond building cars

12:01 am U.S. ET | July 14, 2014
Ford Motor Co. Executive Chairman Bill Ford believes that global traffic congestion and new technologies will force automakers to think beyond their traditional role.... Read More »

 

EDITORIAL

3 automakers' wise investments in dealerships

12:01 am U.S. ET | July 14, 2014
Automakers keep asking more of their dealers. But lately some manufacturers seem to be focusing less on how dealerships look and more on how well they work.... Read More »

 

40 UNDER 40 -- RETAIL

Tech-savvy buyers driving new breed of young managers

12:01 am U.S. ET | July 14, 2014
Whether shooting video, changing sales and marketing strategies or finding new ways to use social media, young managers such as this year's other 40 under 40 honorees are leading cultural change in dealerships driven, they say, by tech-savvy consumers who want a fast, transparent buying experience.... Read More »

 

Dealers

12:01 am U.S. ET | July 14, 2014
Dealers featured this week include the Biondi family at Biondi Motor Co. in Monroeville, Pa.; Rick Jensen, left, dealer principal of Jensen Motors in New Ulm, Minn.; and Tim Joannides, dealer principal of Halladay Nissan in Cheyenne, Wyo.... Read More »

 

Fleet outpaces retail in June

12:01 am U.S. ET | July 14, 2014
Fleet sales outpaced retail in June, countering a three-year trend toward greater retail volume. Among major automakers, fleet sales in June rose 6 percent while retail slid 1 percent.... Read More »

 

List of the Best Dealerships to Work For

12:01 am U.S. ET | July 7, 2014
Here is a list of the 2014 101 Best Dealerships to Work For.... Read More »

 

EDITORIAL

Reducing driver distraction with a carrot, not a stick

12:01 am U.S. ET | July 7, 2014
Google's Android Auto and Apple's CarPlay disable the screen of the hand-held device while it's connected.... Read More »

 

Celebrating the best

12:01 am U.S. ET | July 7, 2014
Join us in Chicago to celebrate the achievements of all the Best Dealerships To Work For. The afternoon "Next Practices: Innovate, Motivate, Compensate" program will focus on what dealerships need to do to drive sales, satisfaction and innovation.... Read More »

 

Dealers

12:01 am U.S. ET | July 7, 2014
Dealers featured this week include Leonard Wantz Jr. of Wantz Chevrolet in Taneytown, Md.; Bill Riley, executive manager of Twin City Nissan in Alcoa, Tenn.; Jake Sweeney Jr., of Jake Sweeney Mazda in Cincinnati.... Read More »

 

Top black dealer groups' sales up

12:01 am U.S. ET | July 7, 2014
The nation's 60 largest black-owned dealership groups increased revenue 11 percent last year from 2012 to $7.99 billion, Black Enterprise magazine reported.... Read More »

 

Dealers

12:01 am U.S. ET | June 30, 2014
Dealers featured this week include Bob Jensen, president of Jensen Le Mars Chrysler-Dodge-Jeep-Ram in Le Mars, Iowa; and Randy Jones, executive manager of Bridgewater Nissan in Bridgewater, N.J.... Read More »

 

HANS GREIMEL

Ford's China explosion: 88 stores open in just 1 day

12:01 am U.S. ET | June 30, 2014
Over the span of just one day, June 19, Ford opened 88 dealerships in the country, bringing its total to 750 outlets in the world's biggest auto market.... Read More »

 

Cap on Tesla Pennsylvania stores closer

12:01 am U.S. ET | June 30, 2014
Pennsylvania is halfway to placing a cap on the number of stores that Tesla Motors Inc. can open in the state, muting legislation that helped spark a confrontation between dealers and other automakers.... Read More »

 

EDITORIAL

Who really benefits?

12:01 am U.S. ET | June 30, 2014
Lexus recently eased the limit on the number of its stores a single dealership group can own. Does limiting dealership concentration actually benefit an automaker's vehicle buyers?... Read More »

 

At publics, buybacks beat acquisitions

12:01 am U.S. ET | June 23, 2014
Contrary to expectations, public dealership groups are spending more on stock buybacks than on U.S. acquisitions.... Read More »

 

Dealership buy-sells jump in first quarter

12:01 am U.S. ET | June 23, 2014
Driven largely by private buyers, dealership acquisition activity rose strongly during the first several months of 2014, dealership brokers say in two new reports.... Read More »

 

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