Finance And Insurance

Bill Ford to serve as company's voice

The executive shuffle gives the great-grandson of Henry Ford his first operational responsibilities outside of his board position since 2006.

Santander has dropped 800-plus dealerships

Santander Consumer USA has terminated more than 800 dealerships since 2015, based on “performance-related issues,” the lender said.

Making free oil changes pay off

Lester Glenn Auto Group used to give away unlimited free oil changes with vehicle purchases, but it became costly and unmanageable. Now the group limits the amenity and pairs it with a pitch for pre-paid maintenance. The result: $150,000 a month in incremental service revenue.

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