Dealers
 
BEST PRACTICES

'Middle of nowhere' site limits store's costs

12:01 am U.S. ET | July 28, 2014
the rural location of Volkswagen of Salem County in Monroeville, N.J., helps the family contain its real estate costs.... Read More »

Group 1 Q2 profit tumbles 55% on Brazilian problems

9:47 am U.S. ET | July 24, 2014 | UPDATED: 7/24/14 3:49 pm ET - adds stock close
Group 1 Automotive today said its second-quarter net income tumbled 55 percent from a year earlier to $16.... Read More »

Lithia Q2 profits hit record highs

8:39 am U.S. ET | July 23, 2014
Lithia Motors today reported the highest adjusted quarterly net income in the company's history -- a 29 percent surge to $35 million -- on higher...... Read More »

Suburban Collection buys BMW, Mercedes dealerships in Ann Arbor

4:08 pm U.S. ET | July 23, 2014
The Suburban Collection has acquired two more Michigan dealerships: BMW of Ann Arbor and Mercedes-Benz of Ann Arbor.... Read More »

Sonic's Q2 profits triple on extraordinary items; expenses rise

12:18 pm U.S. ET | July 22, 2014
Sonic Automotive posted higher revenue and net profit during the second quarter, but expenses increased as the retailer continues to ready its...... Read More »

Asbury posts Q2 double-digit profit, revenue gains

7:07 am U.S. ET | July 22, 2014
Improving car sales and a double-digit revenue jump helped drive second-quarter profits up 33 percent at Asbury Automotive Group, as all parts of its...... Read More »

Dealers' phones ring again

12:01 am U.S. ET | July 21, 2014
Because of the ubiquitous smart phone, car shoppers are flooding dealerships with phone calls instead of e-mail inquiries.... Read More »

Group 1 acquires Munday dealerships in Houston

3:59 pm U.S. ET | July 21, 2014
Group 1 Automotive, the third-largest auto dealer group based in the United States, has acquired Houston dealerships Munday Chevrolet and Munday...... Read More »

Credit union backs off ads blasting dealer reserve

12:01 am U.S. ET | July 21, 2014
A Florida credit union has backed off from an advertising and social medial campaign called “Expose the Truth,” which described dealer...... Read More »

AutoNation's Q2 net rises 12% on 8% revenue gain

7:30 am U.S. ET | July 17, 2014
AutoNation posted a double-digit gain in second-quarter net income but fell shy of analysts’ profit expectations as digital investment drove...... Read More »

Penske Automotive hikes cash dividend again

11:54 am U.S. ET | July 16, 2014
Penske Automotive Group raised its quarterly cash dividend to 20 cents per share from 19 cents.... Read More »

Owners of 8 N.J. dealerships settle claims of deceptive practices for $1.8 million

3:14 pm U.S. ET | July 15, 2014
Eight dealerships in New Jersey owned by Carmelo and Ignazio Giuffre have reached a $1.... Read More »

Jay Leno, Jeb Bush to keynote 2015 NADA convention

2:03 pm U.S. ET | July 14, 2014
Former Florida Governor Jeb Bush and former “Tonight Show” host Jay Leno will be among the keynote speakers at the 2015 National...... Read More »

Minority dealers are adding import brands

12:01 am U.S. ET | July 14, 2014
After taking a disproportionately big hit when General Motors and Chrysler closed more than 1,600 dealerships in 2009, minority dealers have been...... Read More »

BEST PRACTICES

Courting consumers, moving 'smelly tires'

12:01 am U.S. ET | July 14, 2014
For customers and employees alike, the change in culture over the past few years at Bozard Ford-Lincoln in St. Augustine, Fla.... 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.... Read More »

2 senators want probe of delays in rail deliveries to dealerships

4:23 pm U.S. ET | July 11, 2014
Two senators are asking the Surface Transportation Board -- a bipartisan body of the Department of Transportation -- to investigate railroad delays...... Read More »

Maserati could benefit from Chrysler minority dealer program, exec says

5:54 pm U.S. ET | July 10, 2014
A Chrysler Group minority dealer development program can help diversify Maserati’s dealer network, the head of both companies’ dealer...... Read More »

Automotive News names the Best Dealerships To Work For

12:01 am U.S. ET | July 7, 2014
For the third year, Automotive News is proud to identify dealerships that are excelling in workplace satisfaction, talent retention and excellent...... Read More »

BEST PRACTICES

Custom Nissans give dealership added oomph

12:01 am U.S. ET | July 7, 2014
When it comes to customizing, there are the usual hot-rod-able models like the Ford Mustang and Chevy Camaro.... 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.... Read More »

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