BLOG: Amy Wilson

Sales reporting transparency? Yeah, right

Posted 5:32 pm U.S. ET, Jan. 28
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AutoNation CEO Mike Jackson says the auto industry should have used six years of U.S. sales growth to change some of its reporting practices for the better, starting with aligning the industry calendar to the actual calendar and reporting results when the month really ends.
In 2010, AutoNation CEO Mike Jackson told me about being in the office of a sales executive at a domestic automaker years earlier on the closing day of the month. An aide walks in and asks whether the executive wants a rental car deal for 75,000 vehicles assigned to that month or the next one. The exec’s reply: “Hmm, I think we need it this month. Put it in.&rd ...
     Continue reading "Sales reporting transparency? Yeah, right" » Jan 28, 2016 5:32 pm U.S. ET
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The look of Mercedes-Benzes to come

Posted 12:01 am U.S. ET, Sept. 16
Mercedes-Benz says its Intelligent Aerodynamic Automobile concept unveiled Monday in Frankfurt will influence its design language for years to come. The concept’s interior will show up in the redesigned E-class sedan next year. “It’s basically redefining a new level of modern luxury in the middle class, somewhere between S and C,” said Gorden Wage ...
     Continue reading "The look of Mercedes-Benzes to come" » Sep 16, 2015 12:01 am U.S. ET
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The look of Mercedes-Benzes to come

Posted 11:49 am U.S. ET, Sept. 15
FRANKFURT -- Mercedes-Benz says its Intelligent Aerodynamic Automobile concept unveiled Monday in Frankfurt will influence its design language for years to come. The concept’s interior will show up in the redesigned E-class sedan next year. “It’s basically redefining a new level of modern luxury in the middle class, somewhere between S and C,” sai ...
     Continue reading "The look of Mercedes-Benzes to come" » Sep 15, 2015 11:49 am U.S. ET
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Family takes Dave Smith name forward

Posted 1:58 pm U.S. ET, May 1
Ken Smith wants his dad’s name to live on. And it’s about to, in a much bigger way. With last week’s sale of Dave Smith Auto Group of Kellogg, Idaho, to RFJ Auto Partners Inc., the Dave Smith name will go out on the road. RFJ intends to brand future dealership acquisitions in the Northwest as Dave Smith stores. The name will even be considered as a brand ...
     Continue reading "Family takes Dave Smith name forward" » May 1, 2015 1:58 pm U.S. ET
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How to get a deal done

Posted 2:00 pm U.S. ET, Jan. 25
SAN FRANCISCO -- One of the reasons it might be a great time to sell your dealership? Some of the private equity groups scouting auto retail are so eager to put their investors' money to work, they'll overpay, says Tim York, managing partner of accounting firm Dixon Hughes Goodman. In addition to advising dealers, the firm has also been working with some of the outside p ...
     Continue reading "How to get a deal done" » Jan 25, 2015 2:00 pm U.S. ET
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