Dealers

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 »

 

$4 billion deal? A win all around, experts say

12:01 am U.S. ET | Oct. 6, 2014
Experts in dealership buy-sells estimate Warren Buffett's Berkshire Hathaway Inc. paid $4 billion for Van Tuyl Group.... Read More »

 

Lambrecht, Chevrolet dealer behind vintage auction, dead at 96

12:01 am U.S. ET | Oct. 6, 2014
Ray Lambrecht, the Nebraska Chevrolet dealer who auctioned off about 500 vintage cars last year, died Sept. 22 at age 96.... Read More »

 

Pioneering auto dealer Elder dies

12:01 am U.S. ET | Oct. 6, 2014
Irma Elder, CEO of Elder Automotive Group and the first woman to own a Ford dealership in the Detroit area, died Tuesday, Sept. 30. She was 84.... Read More »

 

Salespeople study up on F-150's new features

12:01 am U.S. ET | Oct. 6, 2014
Ford Motor Co. has begun a series of intensive training sessions in 26 cities for about 11,000 dealership sales consultants to familiarize them about the 2015 F-150's new features, technology and capabilities.... Read More »

 

BUFFETT | VAN TUYL DEAL

How Van Tuyl wooed Buffett

12:01 am U.S. ET | Oct. 6, 2014
The path to Warren Buffett's acquisition of dealership giant Van Tuyl Group began more than 10 years ago when Larry Van Tuyl became one of Berkshire Hathaway's shareholders.... Read More »

 

BUFFETT | VAN TUYL DEAL

Van Tuyl grew from 1 store to a colossus

12:01 am U.S. ET | Oct. 6, 2014
The Van Tuyl Group of Phoenix, the nation's fifth-largest dealership group and the largest privately held one, had humble beginnings. Founder Cecil Van Tuyl got his start in the auto industry in the 1940s selling used cars in Kansas City, Mo.... Read More »

 

BUFFETT | VAN TUYL DEAL

Buffett opens door for more outsiders

12:01 am U.S. ET | Oct. 6, 2014
Billionaire Warren Buffett is paving the way for more outside investors to buy large dealership groups, experts said. Buy-sell advisers say they have seen growing interest from private-equity and outside investors in buying car dealerships, but in recent weeks, the pace of that interest is quickening.... Read More »

 

EDITORIAL

Warren Buffett, the Oracle of Automotive

12:01 am U.S. ET | Oct. 6, 2014
Warren Buffett's investment is an endorsement of auto retailing and its prospects. And his statement that he's already looking to buy more dealerships will pour fuel on an already blazing buy-sell market.... Read More »

 

LETTER TO THE EDITOR

GM gets serious about Cadillac

12:01 am U.S. ET | Oct. 6, 2014
I was at the Las Vegas Cadillac dealers meeting. It was only the second time in my career as a Cadillac dealer that the General Motors CEO made an appearance. It was evident to the audience that GM is serious about Cadillac -- finally.... Read More »

 

Vehicles get fixed while customers sleep

12:01 am U.S. ET | Oct. 6, 2014
In Durham, N.C., Honda customers can drop off their vehicles at the local dealership for service as late as 9 p.m. during the week, get a shuttle ride home and pick up their repaired cars by 7 a.m. the next day.... Read More »

 

Dealers

12:01 am U.S. ET | Oct. 6, 2014
Charlie Diers, left, dealer principal of Diers Ford-Lincoln in Fremont, Neb., pictured with his wife, Mary Lou Diers, receives a 50-year award for both franchises from Kevin Klossner, Ford Motor Co.'s Kansas City regional manager.... Read More »

 

BUFFETT | VAN TUYL DEAL

Berkshire Hathaway Auto CEO ready to accelerate growth

12:01 am U.S. ET | Oct. 4, 2014
As CEO of the future Berkshire Hathaway Automotive, Jeff Rachor is positioned to push the accelerator of growth. It's a role he knows well. Rachor has helped the Van Tuyl Group add a handful of stores annually since becoming COO in 2010.... Read More »

 

Dealers

12:01 am U.S. ET | Sept. 29, 2014
Dealers featured this week include Frank Coffman, dealer principal of Coffman GMC in Aurora, Ill.; Corky Wedell of Town North Mazda in Richardson, Texas; Barry Nelson, owner of GR Chevrolet in Stanleytown, Va.; and Dan Rowe, dealer principal at Evergreen Ford-Lincoln in Issaquah, Wash.... Read More »

 

M-B will train 26,000 in the brand's culture

12:01 am U.S. ET | Sept. 28, 2014
Mercedes-Benz USA and its dealers are spending about $30 million over the next four years to train 26,000 dealership, corporate and finance employees and immerse them in the brand's culture.... Read More »

 

Group 1 exits N.Y., looks south

12:01 am U.S. ET | Sept. 22, 2014
Group 1 Automotive's latest buy-sells take it out of the Long Island, N.Y., market as the dealership group seeks to add stores in the Carolinas and Virginia.... Read More »

 

LETTER TO THE EDITOR

Time to step up online CPO game

12:01 am U.S. ET | Sept. 22, 2014
The pressure to maintain new-vehicle sales increases the allure of incentives, which drive lower used-vehicle prices.... Read More »

 

Porsche SE cash gives Inrix fuel to grow

12:01 am U.S. ET | Sept. 22, 2014
Inrix Inc., the traffic information provider that drew a $55 million investment this month from Volkswagen AG holding company Porsche Automobil Holding SE, is officially in growth mode.... Read More »

 

Dealers

12:01 am U.S. ET | Sept. 22, 2014
Dealers featured this week include James Auffenberg, president of Auffenberg Hyundai in O'Fallon, Ill.; John Bommarito, president of Frank Bommarito Mazda in Ellisville, Mo.; Howard Bush, dealer principal at B&B Ford in Barnwell, S.C.; Martin Taylor, dealer principal of Taylor Nissan in Lancaster, Ohio; and Ron Parks, owner of Stadium Toyota in Tampa, Fla.... Read More »

 

Infiniti wants Q70 buyers to go long

12:01 am U.S. ET | Sept. 21, 2014
Infiniti has priced the new long-wheelbase version of its flagship Q70 sedan to lure buyers to the larger model.... Read More »

 

Edmunds: U.S. sales to stay strong

12:01 am U.S. ET | Sept. 15, 2014
The surge in U.S. light-vehicle sales last month could help lift this year's volume above levels last seen in 2006, Edmunds.com analysts said.... Read More »

 

Fleet helps drive big August sales numbers

12:01 am U.S. ET | Sept. 15, 2014
Growth in fleet sales outpaced retail in last month's robust U.S. auto market.... Read More »

 

Subaru raises U.S. sales forecast

12:01 am U.S. ET | Sept. 15, 2014
Subaru has boosted its forecast for sales this year to 500,000.... Read More »

 

Industry learns to share road with tech giants

12:01 am U.S. ET | Sept. 15, 2014
Now that North America's mobile-phone market has matured, corporate behemoths such as Verizon, AT&T, Google and Apple have zeroed in on autos as the next big thing.... Read More »

 

Sell more Dodges, get more Hellcats, brand tells dealers

12:01 am U.S. ET | Sept. 15, 2014
Dodge will give more new 707-hp 2015 Challenger SRT Hellcats to dealers who sell more other Dodge vehicles. Challenger SRT Hellcat allocation is based on the total of Dodge vehicles that a dealer sold in the previous 180 days, brand head Tim Kuniskis said.... Read More »

 

Special Report
How #1 store scores with employees

How #1 store scores with employees

Texas dealer Greg May encourages staffers to provide input and solve problems on their own. Mon., October 20
» Watch the Video
     
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