Dealers

Report: Prices of used cars to tumble as supply rises

12:01 am U.S. ET | March 2, 2015
Prices of used cars and light trucks up to 5 years old will drop 3 to 4.5 percent this year, fueled by a rising supply of the vehicles and an increase in off-lease volume.... Read More »

 

LETTER TO THE EDITOR

Old vs. new diesel technology

12:01 am U.S. ET | March 2, 2015
Whether we're talking diesel or gasoline, the issue in Europe is more about old technology and higher emissions.... Read More »

 

Dealers

12:01 am U.S. ET | March 2, 2015
Dealers featured this week include Michelle Primm, managing partner of Cascade Auto Group in Cuyahoga Falls, Ohio; Rocky Franich, dealer at Marty Franich Ford-Lincoln in Watsonville, Calif.; Fred DeStefano, dealer principal at Infiniti of Massapequa in Massapequa, N.Y.; and Mark Winkler, general manager of Champion Ford Edinboro in Edinboro, Pa.... Read More »

 

Dilawri Group expands rapidly in Canada

12:01 am U.S. ET | Feb. 23, 2015
Privately held Dilawri Group of Cos., Canada's largest dealership group by store count, is in rapid expansion mode. Dilawri, of Toronto, expanded into Quebec in January and since then opened a second dealership in the province with a third, in Montreal, slated to open by the end of the first quarter.... Read More »

 

EDITORIAL

A sweet fleet deal

12:01 am U.S. ET | Feb. 23, 2015
The victor of the next Postal Service fleet contract wins a ubiquitous showcase of its innovation, utility and durability for years to come. This is a deal that would be well worth the effort.... Read More »

 

Porsche may close a few U.S. dealerships

12:01 am U.S. ET | Feb. 23, 2015
A handful of U.S. markets still have too many Porsche dealerships, Porsche Cars North America COO Joe Lawrence said, and the company may use its right of first refusal to close stores. But given Porsche's sales growth and the valuations of its dealerships, consolidation in those markets will be difficult.... Read More »

 

Lithia launches pay plan to retain top store managers

12:01 am U.S. ET | Feb. 23, 2015
Lithia Motors Inc. has started a new program that identifies top managers and gives them increased stock ownership in lieu of cash. The goal is to retain top talent and improve store performance, says Lithia CEO Bryan DeBoer.... Read More »

 

Silver dealer

Dealers

12:01 am U.S. ET | Feb. 23, 2015
Dealers featured this week include Howard Braunstein, president of M&M Auto Group in Liberty, N.Y.; Peter Hoffman, dealer at Sierra Honda in Monrovia, Calif.; Jeff Crippen, dealer principal at Crippen Mazda in Lansing, Mich.; George Grubbs Jr., dealer principal at Grubbs Infiniti in Euless, Texas; and John Morlan, dealer principal at Toyota of West Plains in West Plains, Mo.... Read More »

 

Nissan needs more supply to hit U.S. goal

12:01 am U.S. ET | Feb. 16, 2015
Nissan's growth in U.S. sales and market share will force it to squeeze more vehicles out of its North American factories or find factory space in Asia. Without added supply, the automaker's target of 10 percent U.S. market share will be hard to reach, says Jose Munoz, Nissan North America chairman.... Read More »

 

Tell us about dealership rising stars under age 40

12:01 am U.S. ET | Feb. 16, 2015
Are you a rising star at an auto dealership? Or do you know someone who is? For the fourth year, Automotive News will spotlight these youthful achievers in "40 Under 40 Retail," a special section in the July 13 issue. This year, Ally Auto is the exclusive lead sponsor of the retail award.... Read More »

 

Hyundai, VW add dealer website options

12:01 am U.S. ET | Feb. 16, 2015
Dealerships of Hyundai Motor America and Volkswagen of America have new choices for vendors to host their websites.... Read More »

 

Supplies soar in January -- as usual

12:01 am U.S. ET | Feb. 16, 2015
U.S. stocks of light vehicles increased during January, whether that was a little or a lot depends on how you measure.... Read More »

 

Expecting truck boom, Honda takes Acura MDX to 2nd plant

12:01 am U.S. ET | Feb. 16, 2015
Honda Motor Co. plans to spend $85 million to enable its East Liberty, Ohio, plant to produce a fourth nameplate, a move stemming from the company's bullish outlook for North American truck sales.... Read More »

 

EDITORIAL

Nissan's quest for share reshapes U.S. auto industry

12:01 am U.S. ET | Feb. 16, 2015
Nissan North America is shaking up the status quo by helping Mexican retailers purchase dealerships in U.S. markets with large Hispanic populations.... Read More »

 

Silver dealer

Dealers

12:01 am U.S. ET | Feb. 16, 2015
Dealers featured this week include Ed Fitzpatrick, owner of Fitzpatrick Dealership Group in Modesto, Calif.; James Slingerland, dealer principal at Slingerland Chrysler-Dodge-Jeep-Ram in Corunna, Mich.; Jon Lorensen, dealer principal of Westbrook Toyota in Westbrook, Conn.; and Cathy Ellis, dealer principal at Infiniti of Memphis in Bartlett, Tenn.... Read More »

 

LETTER TO THE EDITOR

When fuel is down, everything else is up

12:01 am U.S. ET | Feb. 16, 2015
I have found that when fuel prices drop, the economy revives and spending is up, creating jobs, new businesses and greatly increased car sales and sales tax revenue. That is good, not bad, news.... Read More »

 

Fleet sales rose faster than retail in January

12:01 am U.S. ET | Feb. 16, 2015
Fleet sales outpaced retail in January, rising 20 percent among major players compared with 13 percent for vehicles sold by dealers.... Read More »

 

Trucks power Toyota's record N.A. profit

12:01 am U.S. ET | Feb. 9, 2015
Toyota Motor Corp. rode truck sales to a record North American quarterly operating profit, putting the carmaker on track for record full-year global earnings. North America was the sole bright spot in the October-December fiscal third quarter, with sales increases there offsetting declines in every other major market.... Read More »

 

LETTER TO THE EDITOR

A better score for dealers: Feedback

12:01 am U.S. ET | Feb. 9, 2015
I just read Krishnan M. Anantharaman's Feb. 2 column, "Why can't dealers shake the shady rep?" After working in the auto industry for nearly 40 years, I think he has hit it dead on.... Read More »

 

A mission to add, keep minority dealers

12:01 am U.S. ET | Feb. 9, 2015
Fiat Chrysler and General Motors, whose minority dealer ranks suffered huge losses during the recession, say they are working hard to add more minority-owned dealerships to their networks and keep the ones they have.... Read More »

 

GM is forming a second 20 group for female dealers

12:01 am U.S. ET | Feb. 9, 2015
After adding 17 female-owned dealerships last year, General Motors is setting up its second 20 group for female dealers, said Celeste Briggs, director of the GM Women's Retail Network. At the end of 2014, women owned 225 GM dealerships, a net gain of 10 since the end of 2013, she said.... Read More »

 

AutoNation Q4 profit boosted by gains across board

12:01 am U.S. ET | Feb. 9, 2015
Strong year-end vehicle sales and improvements in all business categories pushed AutoNation Inc. to 12 percent gains in revenue and operating income in the fourth quarter from year-earlier levels. The retailer's net income rose at a slightly slower pace of 7 percent.... Read More »

 

For Q auto, expansion to follow profit

12:01 am U.S. ET | Feb. 9, 2015
Asbury Automotive Inc. has put opening more Q auto used-vehicle stores on hold this year while it works to turn a profit at its three existing stores.... Read More »

 

Dealers

12:01 am U.S. ET | Feb. 9, 2015
Dealers featured this week include Henry Heafner of Heafner Motors in Batesville, Miss. and David Brown III, Forest Brown, and David Brown Jr. of Brown’s Sales & Leasing in Guttenberg, Iowa.... Read More »

 

Q&A | JASON STOICEVICH, FIAT

Patient Fiat dealers in U.S. are eager for new vehicles

12:01 am U.S. ET | Feb. 7, 2015
Jason Stoicevich, who heads the Fiat brand in North America, says help is coming for Fiat dealers eager for more models and volume.... Read More »

 

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