Dealers

Lincoln opens its first 3 dealerships in China

12:01 am U.S. ET | Nov. 10, 2014
After three years of studying China's consumers and luxury buyers, Lincoln last week opened its first three dealerships in the country and rolled out a new customer service initiative.... Read More »

 

Dealertrack is content in background

12:01 am U.S. ET | Nov. 10, 2014
Sites such as TrueCar Inc., Edmunds.com, AutoTrader.com and Cars.com, provide millions of leads to dealers. Critics say they do so by building their own brands, too. Mark O'Neil, CEO of Dealertrack Technologies, is trying to provide dealerships an alternative.... Read More »

 

AutoNation's Jackson: Hot sales years ahead Jamie LaReau

12:01 am U.S. ET | Nov. 10, 2014
U.S. light-vehicle sales will continue in the high 16 million to low 17 million range for the next "several years," AutoNation Inc. CEO Mike Jackson told the Detroit Economic Club.... Read More »

 

N.A. offsets global slump to lift Toyota profit

12:01 am U.S. ET | Nov. 10, 2014
Surging sales in North America and favorable exchange rates drove Toyota Motor Corp. to double-digit profit gains in the latest quarter, despite slumping volume in all other major markets.... Read More »

 

M-B Metris van targets fleet buyers

12:01 am U.S. ET | Nov. 10, 2014
The midsize Mercedes-Benz cargo and passenger van coming next year will be called the Metris in North America.... Read More »

 

EDITORIAL

Dealers must tailor technology to their needs

12:01 am U.S. ET | Nov. 10, 2014
Sonic Automotive's One Sonic-One Experience pilot in Charlotte, N.C., is the latest effort to make car buying easier.... Read More »

 

Fleets give October a big boost

12:01 am U.S. ET | Nov. 10, 2014
Fleet volume sharply outpaced retail sales in October, turning what would have been a below-par sales month into an above-average one.... Read More »

 

Auto vet Joe Herman dies at 72

12:01 am U.S. ET | Nov. 10, 2014
Joe Herman had a knack for knowing people from all walks of the automotive industry, said Greg Goodwin, CEO of Kuni Automotive in Vancouver, Wash.... Read More »

 

Dealers

12:01 am U.S. ET | Nov. 10, 2014
Dealers featured this week include John Barile, dealer principal at Barile Ford in Valparaiso, Ind.; Doug Ikegami, owner of Doug's Lynnwood Mazda in Edmonds, Wash.; Dan Gorges, general manager, and Joe Isbell, assistant general manager; Jim Arrigo, president of Arrigo Dodge-Chrysler-Jeep-Ram in West Palm Beach, Fla.; and Michael and Bradley Schlossmann of Schlossmann's Honda City in Milwaukee.... Read More »

 

Battle of the brands

6:45 pm U.S. ET | Nov. 7, 2014
How some tight brand races and model matchups are shaping up after 10 months... Read More »

 

Industry fishbowl: Everybody's watching Sonic

12:01 am U.S. ET | Nov. 3, 2014
The industry is closely watching Sonic Automotive Inc. as it seeks to reinvent auto retailing.... Read More »

 

How Lithia plans to pump up profits on its used-car sales

12:01 am U.S. ET | Nov. 3, 2014
Lithia Motors Inc. CEO Bryan DeBoer will launch more training at the dealership group's stores on how to procure used cars that will sell for a fat profit, as he seeks to balance a volume target with profit goals.... Read More »

 

Avis Budget reduces exposure to used prices

12:01 am U.S. ET | Nov. 3, 2014
Avis Budget Group Inc. plans to reduce its exposure to falling used-vehicle prices by shifting more of the financial responsibility for remarketing its retired vehicles onto automakers.... Read More »

 

Sonic will spend big to promote Charlotte car-buying initiative

12:01 am U.S. ET | Nov. 3, 2014
Sonic Automotive Inc. is more than tripling its advertising outlays here in the fourth quarter as it introduces its customer experience initiative.... Read More »

 

Jag-Land Rover's 2017 sales goal? Half of M-B

12:01 am U.S. ET | Nov. 3, 2014
Jaguar Land Rover executives are confident that new products in new segments will drive their global sales sharply higher in three years.... Read More »

 

Q&A

Lotus to add dealers, cut costs to find profitability

12:01 am U.S. ET | Nov. 3, 2014
Jean-Marc Gales, the former No. 2 at PSA Peugeot Citroen who took over in May as CEO of Group Lotus, faces major challenges at the struggling British sports car maker.... Read More »

 

Dealers

12:01 am U.S. ET | Nov. 3, 2014
Dealers featured this week include James Ramey, dealer operator at Ramey Chevrolet in Tazewell, Va.; Elias Kymingham, president of Shively Motors Inc. (Chrysler-Dodge-Jeep-Ram) in Chambersburg, Pa.; Craig Paretti Jr., president of Paretti Imports; David Hudiburg, president of Hudiburg Auto Group; Ron Huggins of Huggins Honda in North Richland Hills, Texas; John and Tony Gabriele of Marina Chrysler-Jeep-Dodge in Webster, N.Y.; and Nathaniel Sutton, of Sutton Ford-Lincoln in Matteson, Ill.... Read More »

 

Dealers

12:01 am U.S. ET | Oct. 27, 2014
Dealers featured this week include David Butkus, dealer principal of Freehold Dodge (Dodge-Ram) in Freehold, N.J.; Randy Reed, president of Randy Reed Buick-GMC in Kansas City, Mo.; Randy Williams, dealer principal of Williams Toyota of Sayre in Sayre, Pa.; and Mark Zimmerman, president of Mark Zimmerman Hyundai in Cedar Rapids, Iowa.... Read More »

 

SHAREHOLDER VALUE REPORT

A sobering quarter for auto shareholders

12:01 am U.S. ET | Oct. 27, 2014
It was a tough third quarter for auto industry investors as falling international and softening U.S. financial markets depressed shareholder value for companies that build, supply or retail vehicles. Values fell for all three categories of public companies in the Automotive News/PwC Shareholder Value Index during the July-September period.... Read More »

 

Dealer takes flight to get patient to needed care

12:01 am U.S. ET | Oct. 27, 2014
Mary Margaret Lynn of Cape May Court House, N.J., knows what it's like to go from giddy joy to overwhelming sorrow all in the span of about two weeks.... Read More »

 

Group 1 slows acquisitions

12:01 am U.S. ET | Oct. 27, 2014
Group 1 Automotive Inc., put off by high prices for dealerships and unacceptable returns, will slow its acquisition pace in the near term.... Read More »

 

GM plans to build on growth of minority-owned stores

12:01 am U.S. ET | Oct. 27, 2014
General Motors added 21 minority-owned dealerships to its network so far this year, with plans to add a "couple more" this month and perhaps more by year end, said Eric Peterson, GM's U.S. vice president of diversity dealer relations.... Read More »

 

LETTER TO THE EDITOR

Fla. dealers are upfront on pricing

12:01 am U.S. ET | Oct. 27, 2014
TrueCar's new bid to increase "transparency" in vehicle purchases is, in my view, nothing more than a marketing scheme for the misinformed and, frankly, distorts the image of the franchise system that I work in and for.... Read More »

 

Outsiders invest in China's auto retailers

12:01 am U.S. ET | Oct. 27, 2014
Global companies piled into China for the first phase of the country's auto boom, to build cars and make parts locally. Now they are ramping up for the next phase: retailing. Chinese dealerships, desperate for funds to expand operations and keep up with the country's surging demand, are courting foreign investment.... Read More »

 

Asbury raises its acquisition goal

12:01 am U.S. ET | Oct. 27, 2014
Asbury Automotive Group Inc.'s acquisition ambitions keep getting bigger. The nation's seventh-largest dealership group said that it now aims to buy stores that will add $500 million in annual revenue during the next 18 months.... Read More »

 

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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