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MAZDA: Positioned for sales growth, better profits

Mazda dealers in the U.S. are positioned to see sales growth and improved profits, dealer council chairman Jim Bagan said.

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Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.

BLOG: Hannah Lutz
Still putting off buying cyber insurance?

Will cyber liability insurance become more widespread among dealerships? Considering the number of security breaches across many industries today, it should.

BLOG: Jamie LaReau
Penske ponders the costs of F&I managers

Penske Automotive Group's used-only stores generate $300 to $400 more gross profit per vehicle than the group's franchised stores. One reason: no F&I managers.

BLOG: Hannah Lutz
Speak up!

Dealers, lenders and other industry players may finally have their shot at sharing their opinions with the CFPB.

BLOG: James B. Treece
Scrutiny continues

The CFPB may have been defanged, but dealerships' role in arranging loans is still being scrutinized. A report last week was a timely reminder.

BLOG: Hannah Lutz
Military members deserve fast resolution on lending

Dealers and lenders are facing significant challenges following the Department of Defense's latest interpretation of the Military Lending Act, but until the DOD clarifies the interpretation, an act that was designed to protect service members may actually be hurting them.

BLOG: Hannah Lutz
Plan now for a changing industry

Dealers who just a few months ago may have been reluctant to plan for the future could be shifting their perspectives as the pace of change quickens in auto retail.

BLOG: Hannah Lutz
Lenders need to stay diligent

This year was full of relatively positive, consistent auto finance trends. Next year will likely follow suit, but the upswing won't last forever.

BLOG: Hannah Lutz
Are leasing levels still too high?

Leasing levels have held steady in the past few quarters, but are they still dangerously high? AutoNation Inc. CEO Mike Jackson thinks so. Here's why.

BLOG: Hannah Lutz
Time to organize around empowering women

Dealership-sponsored female leadership groups could give women the empowerment and camaraderie they need to stay in auto retail and reap its benefits.

BLOG: Hannah Lutz
Are some privacy concerns overblown?

Consumers are used to the sharing culture. A dealer I talked with recently said his stores handle the entire F&I process on the showroom floor - with little negative feedback.

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