Dealers

BILL LIA: Keep stores modern

12:01 am U.S. ET | Oct. 20, 2014
"People keep asking us for our store designs," says Bill Lia, the 78-year-old CEO of Lia Auto Group in Albany, N.Y., which just finished building its 19th dealership. "We want to keep everything modern and up to date."... Read More »

 

918 Spyder nearly sold out, Porsche says

12:01 am U.S. ET | Oct. 20, 2014
Porsche's limited-run 918 Spyder is nearing sellout status. Production of the plug-in hybrid supercar's 918 promised units will end next July, and planned production is sold out through late March or early April, said Andre Oosthuizen, vice president of marketing for Porsche Cars North America Inc.... Read More »

 

Timeline: Regrowing pains

12:01 am U.S. ET | Oct. 20, 2014
A look back at the events of August, September and October, 2009... Read More »

 

FIVE YEARS LATER

Auto economists eye troubling signs on horizon

12:01 am U.S. ET | Oct. 20, 2014
Business is booming for auto dealers five years after the national economic crisis, so what could go wrong? Plenty, warns a number of auto industry economists.... Read More »

 

FIVE YEARS LATER

GM's loss, Hyundai's gain

12:01 am U.S. ET | Oct. 20, 2014
Stores targeted for closure by one troubled brand were snapped up by a rising brand.... Read More »

 

China's policies are pushing out pickups

12:01 am U.S. ET | Oct. 20, 2014
When Beijing implemented its Road Traffic Law in 2003, it granted city governments the liberty to decide whether to permit pickups to drive in their cities. A loophole in the law allowed traffic regulators in most Chinese cities to simply classify pickups as commercial vehicles and bar them from entering their cities. The practice has stifled pickup sales in China.... Read More »

 

EDITORIAL

A long, painful trip

12:01 am U.S. ET | Oct. 20, 2014
U.S. auto dealers have been on a difficult, painful journey for the past five years. But it has been a positive one -- at least in the aggregate. That qualifier is important.... Read More »

 

EDITORIAL

Factories should take long view using 1st refusal

12:01 am U.S. ET | Oct. 20, 2014
Automakers are replacing dealership buyers in active deals with preferred purchasers more than ever before, say dealers, buy-sell advisers and dealer lawyers.... Read More »

 

MIKE WOOD: How hard are you willing to work?

12:01 am U.S. ET | Oct. 20, 2014
Long hours and hard work in the past few years turned Mike Wood from a dealership manager into a dealer with four stores. The market has been loaded with acquisition opportunities, he says, provided the buyer is willing to put in the sweat and hustle.... Read More »

 

JERRY VITZTHUM: Out, in and then back out again

12:01 am U.S. ET | Oct. 20, 2014
Ask former small-town car dealer Jerry Vitzthum whether the auto industry is better or worse today than it was before the national economic crisis, and he shrugs.... Read More »

 

FIVE-YEAR LOOK BACK

Dealers pursued opportunities from the rubble of '09

12:01 am U.S. ET | Oct. 20, 2014
In the five years that have passed since the economic crash of 2009, the auto retailing sector has emerged from the ashes. The transition has been painful. There are fewer car dealers in 2014. Many have been pressed by automakers to invest in new stores. But what was a bitter industry shakeout for some in 2009 has led to better times in auto retailing in 2014 for others.... Read More »

 

Porsche expects to hit U.S. sales goal early

12:01 am U.S. ET | Oct. 20, 2014
Porsche will meet its goal of selling 50,000 vehicles in the U.S. in 2015 -- three years earlier than originally envisioned, says Andre Oosthuizen, the brand's top U.S. marketing executive. "We would foresee 2015 would definitely be the year to surpass that threshold."... Read More »

 

Dealers

12:01 am U.S. ET | Oct. 20, 2014
Dealers featured this week include Charles Day, dealer principal of Tower Ford in Coos Bay, Ore.; C. Taylor Andrews, Alfred Andrews and Elliott Andrews of Dayton Andrews Inc. (Chrysler-Dodge-Jeep-Ram) in Clearwater, Fla.; and Jeff Schmitt, dealer principal of Jeff Schmitt Nissan in Beavercreek, Ohio.... Read More »

 

Fracking spurs debate, energy boom

12:01 am U.S. ET | Oct. 13, 2014
Hydraulic fracturing is not new. Drilling companies have fractured shale for decades to release and extract trapped hydrocarbons nearby. What has changed, however, is the scale of the energy available due to advances in horizontal drilling.... Read More »

 

Fleet adds little to Sept. sales gain

12:01 am U.S. ET | Oct. 13, 2014
Among the seven largest volume automakers, light-vehicle sales through dealerships rose 11 percent, while fleet was a mere 3 percent higher.... Read More »

 

Days supply rises, but it may be blip

12:01 am U.S. ET | Oct. 13, 2014
U.S. stocks of unsold light vehicles rose following moderating September sales, hitting a 64-day supply on Oct. 1. Is that significant? It depends on the measuring stick, and perhaps a calendar fluke.... Read More »

 

EDITORIAL

An mpg report card

12:01 am U.S. ET | Oct. 13, 2014
The pace of U.S. light-vehicle fuel economy gains slowed last year, the EPA said in an annual report. But even though the 0.5 mpg improvement in the 2013 model year was less than half the 2012 savings, the report contained encouraging signs.... Read More »

 

EDITORIAL

Rural dealers need some heavy-duty help

12:01 am U.S. ET | Oct. 13, 2014
Vast rural areas of North America are being transformed by hydraulic fracturing, the controversial energy extraction process better known as fracking. The process is transforming rural auto dealerships as well. The dealers need some help, and automakers serious about selling pickups ought to jump in with both feet to assist.... Read More »

 

GM extends 'speak up' safety message to dealers

12:01 am U.S. ET | Oct. 13, 2014
General Motors' heightened focus on safety in the wake of its recall crisis is spilling over to its 4,300 dealerships. In a Sept. 30 memo, GM North America President Alan Batey asked dealers to reinforce to their staffs "a sense of safety ownership and responsibility," and told dealers to encourage staffers to "speak up" if they spot a potential problem.... Read More »

 

Texas dealer Sam Pack thins his vintage car collection

12:01 am U.S. ET | Oct. 12, 2014
Sam Pack, a Dallas-area Ford dealer and antique car collector, will sell 132 of his 473 cherished vintage automobiles at an auction in Dallas on November 15.... Read More »

 

Maserati wants to add 20 U.S. rooftops by year end

12:01 am U.S. ET | Oct. 11, 2014
The global head of Maserati wants the Italian luxury brand to add 20 dealerships in the United States by year end. Speaking to Automotive News at the Paris auto show, Harald Wester said the U.S. is Maserati's "most important market" to reach its ambitious global sales goals.... Read More »

 

Dealers to get Titan diesel training

12:01 am U.S. ET | Oct. 6, 2014
Nissan executives have promised that next year's redesigned Titan pickup, with an optional 5.0-liter V-8 diesel, will be a bold new product for the brand.... Read More »

 

Landers starts up another dealership group

12:01 am U.S. ET | Oct. 6, 2014
Longtime Arkansas dealer Steve Landers said he simply likes to build dealership groups.... Read More »

 

Dealerships learn how to handle calls

12:01 am U.S. ET | Oct. 6, 2014
Phone calls into dealerships are soaring, and so is the need to reduce fumbled calls that are hurting sales and customer satisfaction.... Read More »

 

BUFFETT-VAN TUYL DEAL

Reactions to Buffett-Van Tuyl deal

12:01 am U.S. ET | Oct. 6, 2014
Some reaction of the Warren Buffett, Van Tuyl deal from dealership groups and buy-sell groups.... Read More »

 

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