DealersSHAREHOLDER VALUE REPORT Auto sectors add value, but growth rate slows 12:01 am U.S. ET | April 29, 2013 Publicly traded carmakers, suppliers and retailers added shareholder value in the first quarter, but at a slower pace than the past several years.... Read More »
Mitsubishi expects new models to boost U.S. sales 12:01 am U.S. ET | April 29, 2013 Mitsubishi Motors Corp. predicts its U.S. sales will rebound in the fiscal year that began April 1. Mitsubishi expects North American sales to increase to 100,000 this fiscal year, after dropping to 85,000 in the year that ended March 31.... Read More »
LEGAL FILE Dealership group ordered to pay off trade-ins on time 12:01 am U.S. ET | April 29, 2013 A Pacific Northwest auto dealership group and its principal have been ordered to pay off vehicles traded in at four of its stores in a timely manner after being sued by the state of Washington.... Read More »
BEST PRACTICES Va. group cultivates home-grown talent 12:01 am U.S. ET | April 22, 2013 Brown Automotive Group used to search far and wide for top talent, picking off store managers and executives who promised to work magic. That changed after the dealership group's president left for a job at Asbury Automotive Group.... Read More »
'Ask my manager' is taboo to car buyers, study says 12:01 am U.S. ET | April 22, 2013 Dealers who want showroom shoppers to have a satisfying buying experience should avoid getting more than one employee involved in price negotiations, a study by Maritz Research says.... Read More »
LETTER TO THE EDITOR Car customers value efficiency 12:01 am U.S. ET | April 22, 2013 Automakers undergo intense manufacturing cost scrutiny to produce their products more efficiently. Why, then, do those same automakers impose unnecessarily expensive dealer facility requirements, which counteract their production savings?... Read More »
LETTER TO THE EDITOR Car dealerships are not Apple stores 12:01 am U.S. ET | April 22, 2013 Regarding "Musk opens fire on Texas dealers" (April 8) about Elon Musk and Tesla: I find his strategy bizarre. I won't bother addressing the anticompetitive aspects of it.... Read More »
LEGAL FILE Toyota store must defend airbag suit 12:01 am U.S. ET | April 22, 2013 A Toyota dealership that routinely serviced a 1995 Corolla for the original owner must defend a failure-to-warn airbag deployment suit brought by an injured plaintiff who bought the car used, a split Louisiana Court of Appeal panel has ruled.... Read More »
AutoNation gobbles stores 12:01 am U.S. ET | April 22, 2013 AutoNation Inc. is on its biggest buying binge since its initial rollup in the late 1990s, and executives say they're not done yet.... Read More »
Dealers pitch in to help after Texas blast 12:01 am U.S. ET | April 22, 2013 The deadly explosion at a fertilizer plant in the small town of West, Texas, last week damaged a nearby General Motors store and spurred local dealers to organize efforts to help heal their ravaged community.... Read More »
BEST PRACTICES A 5th-generation store with 21st-century skills 12:01 am U.S. ET | April 15, 2013 When you find a thriving seven-franchise dealership in sparsely populated South Dakota that has been in the same family for 106 years, you know they've learned a thing or two about finding and keeping customers.... Read More »
Musk: Franchises are wrong route for electric vehicles 12:01 am U.S. ET | April 15, 2013 After testifying last week before Texas legislators, Tesla Motors CEO Elon Musk talked about his reluctance to use franchised dealerships to sell his electric vehicles.... Read More »
Hyundai-Kia raises fleet sales as retail sales slide 12:01 am U.S. ET | April 15, 2013 To counteract slumping U.S. retail sales, Hyundai-Kia Automotive ratcheted up deliveries of vehicles to fleet buyers in March.... Read More »
EDITORIAL Be careful out there 12:01 am U.S. ET | April 15, 2013 Too often, it seems to take a tragedy to focus attention on real-world dangers and how to avoid them. A current concern is what dealerships can do to protect their salespeople and service technicians who must test drive vehicles on public roads.... Read More »
Ford video library lets buyers control training 12:01 am U.S. ET | April 15, 2013 Ford has amassed a library of about 150 videos, 30 to 60 seconds long, explaining Ford and Lincoln features such as MyKey, Blind Spot Monitoring and Active Park Assist.... Read More »
LEGAL BRIEFS Ex-GM dealer fights fraud conviction 12:01 am U.S. ET | April 15, 2013 A former Florida auto dealer is appealing a federal judge's refusal to overturn his fraud and conspiracy conviction and 135-month prison sentence for engineering a floorplanning scam.... Read More »
PRODUCTION LINE Hyundai seeks tech cred from fuel cells 12:01 am U.S. ET | April 15, 2013 Hyundai Motor Co. wants to transform itself from a fast follower to a global pacesetter in automotive technology as the erstwhile bargain brand moves upscale. As part of its image overhaul, Hyundai wants to claim industry leadership in hydrogen fuel cells.... Read More »
Dealership Buy/Sell 12:01 am U.S. ET | April 15, 2013 This Automotive News feature lists recent dealership acquisitions as reported by brokers, official announcements and news media.... Read More »
Dealers 12:01 am U.S. ET | April 15, 2013 Dealership in this report: Holman Automotive Group in Maple Shade, N.J.... Read More »
8 states in Tesla's growth plan 12:01 am U.S. ET | April 8, 2013 Tesla Motors aims to add stores and service centers in at least eight more states: Minnesota, Pennsylvania, North Carolina, Missouri, Nevada, Georgia, Hawaii and Virginia.... Read More »
LETTER TO THE EDITOR My brand? Being part of my community 12:01 am U.S. ET | April 8, 2013 Regarding Keith Crain's March 11 column, "The brand is king! What's the brand?": He is a man after my own heart. From the day I purchased my first dealership in Fort Worth, Texas, 30 years ago, I realized that being a partner with my local community would become the essence of my brand.... Read More »
Dealers 12:01 am U.S. ET | April 8, 2013 Dealerships in this report: Quantrell Volvo in Lexington, Ky.; Eriksen Chevrolet-Buick in Milan, Ill.; and Jaguar of Great Neck in Great Neck, N.Y.... Read More »
March sales point to more gloom in Europe 12:01 am U.S. ET | April 8, 2013 European car sales fell again in March, threatening more losses for carmakers in the region after a dismal 2012.... Read More »
As imports gain, South Korea steps in 12:01 am U.S. ET | April 8, 2013 A price-fixing probe in South Korea pours cold water on imports, just as new free-trade agreements with Europe and the United States began to open the car market in a country once known as the Hermit Kingdom.... Read More »
BEST PRACTICES Live on the lot 12:01 am U.S. ET | April 1, 2013 On Jan. 26, Mike Bowsher had a record day at Carl Black Chevrolet-Buick-GMC of Orlando. About 1,000 people jammed his lot for a two-hour concert by Florida Georgia Line, an up-and-coming country band.... Read More »
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Special Report
Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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