Dealers

SHAREHOLDER VALUE REPORT

Retailers, suppliers pace 2nd-quarter shareholder returns

12:01 am U.S. ET | July 27, 2015

Shareholder returns among global automakers in the second quarter drooped in a down global economy, but U.S. publicly owned retailers and global suppliers handily outperformed most indexes.... Read More »

Dealers

12:01 am U.S. ET | July 27, 2015

Dealers featured this week include members of the Brasher family at Brasher Motor Co. (Buick-Chevrolet-GMC) in Weimar, Texas; Hilary Haron and Randy Haron of Haron Land Rover in Fresno, Calif.; and Joseph Suresky, dealer principal of Suresky Hyundai in Goshen, N.Y.... Read More »

A LETTER FROM THE PUBLISHER

Best Dealerships To Work For

12:01 am U.S. ET | July 20, 2015

Welcome to our fourth annual celebration of the Best Dealerships To Work For in North America. The final ranking of top dealerships -- from No. 1 to No. 100 -- will be revealed at a ceremony Oct. 14 at the Four Seasons Hotel in Chicago, where Automotive News will honor the dealerships on the list.... Read More »

Dealers

12:01 am U.S. ET | July 20, 2015

Dealers featured this week include Walter Kienle, of Walter’s Automotive in Riverside, Calif.; and Tracy Farmer, of Oxmoor Toyota in Louisville, Ky.... Read More »

LETTER TO THE EDITOR FROM SCOTT PAINTER

TrueCar does not misuse dealer data

12:01 am U.S. ET | July 20, 2015

Some media reports have raised concerns about how TrueCar uses data. The truth is TrueCar has requested the same data from our dealer partners for 10 years. We have never sold the data. We do not use the data for marketing. Suggestions that TrueCar may misuse data are untrue and misleading.... Read More »

EDITORIAL

All states must get on board to close title-washing spigot

12:01 am U.S. ET | July 20, 2015

A critical tool in preventing vehicle title-washing fraud can't work as intended because some states don't participate. States should link into the federal vehicle title-checking system to protect motorists' lives and pocketbooks.... Read More »

Inventory levels drift higher

12:01 am U.S. ET | July 13, 2015

Light-vehicle stocks drifted upward in June, a month in which U.S. sales rose 3.9 percent.... Read More »

Latest Greek drama threatens frail auto sales recovery in Europe

12:01 am U.S. ET | July 13, 2015

A fragile recovery in Europe's auto market could be undermined by Greece's chaotic last-ditch attempt to secure a bailout before its economy implodes.... Read More »

Painter: 'A very deliberate step on our part'

12:01 am U.S. ET | July 13, 2015

For TrueCar CEO Scott Painter, the split with dealership giant AutoNation is about the need for data to support market transparency. When AutoNation wouldn't supply that data, the relationship had to end.... Read More »

FCA US out-retails Ford Motor in June; Hyundai-Kia soars

12:01 am U.S. ET | July 13, 2015

Fiat Chrysler sold more retail units in June than Ford Motor Co. as Ford pushed its fleet sales mix to an industry-leading 35 percent.... Read More »

Dealers

12:01 am U.S. ET | July 13, 2015

Dealers featured this week include members of the Sari family at Columbia Ford in Longview, Wash.; Paul and Gerald Duncan of Duncan Chrysler-Dodge-Jeep in Rocky Mount, Va.; Al Hendrickson Sr., former dealer principal at Al Hendrickson Toyota in Coconut Creek, Fla., and Al Hendrickson Jr., current dealer principal; Hal Roeder, president of Buddenhagen's Ford in Hortonville, N.Y.; and Brian Hutchens Sr., dealer operator at Hutchens Chevrolet in Newport News, Va.... Read More »

Financial aid for hydrogen infrastructure

12:01 am U.S. ET | July 6, 2015

Japan's three biggest automakers plan to help cover the cost of operating hydrogen stations in the country to popularize cars powered by fuel cells.... Read More »

Halftime score for U.S. sales

12:01 am U.S. ET | July 6, 2015

What was hot and not-so-hot in the U.S. light-vehicle market through June... Read More »

Toyota claims top range for hydrogen-powered Mirai

12:01 am U.S. ET | July 6, 2015

Toyota Motor Corp. said last week that its hydrogen-powered Mirai has a range of 312 miles between fueling stops, the most of any emissions-free car on the market, though finding a location for a fueling stop will be a challenge.... Read More »

Dealers

12:01 am U.S. ET | July 6, 2015

Dealers featured this week include Gordon Faulkner, dealer principal of Mercedes-Benz of Hilton Head in Bluffton, S.C.; Donald Bessette of Don Bessette Hyundai in Minot, N.D.; and Domingo Vara Jr., dealer principal at Vara Chevrolet in San Antonio.... Read More »

BB&T to launch flat fees; feds applaud

12:01 am U.S. ET | June 29, 2015

Auto retailers working with BB&T Dealer Finance soon can expect to be paid flat fees, rather than dealer reserve, for arranging customers' loans. BB&T will launch a nondiscretionary dealer compensation program on July 1.... Read More »

Car-sharing plan cuts owner costs

12:01 am U.S. ET | June 29, 2015

Ford Motor Co. is entering the car-sharing market with a program that will cut Ford Credit customers' vehicle costs by enabling them to rent out their cars. The pilot program, Peer-2-Peer Car Sharing, invites 26,000 select Ford Motor Credit Co. customers in six U.S. cities and London to rent their vehicles to other drivers for short-term use.... Read More »

LETTER TO THE EDITOR

A role for dealers in lease transfers

12:01 am U.S. ET | June 29, 2015

I read with great interest about James B. Treece's experience in assuming the short-term lease of a Chevy Volt ("Mixed reviews are in after assuming lease for Volt," June 8). I agree with him. Dealers should have a role in the lease-transfer process.... Read More »

EDITORIAL

How dealers can protect themselves from bad actors

12:01 am U.S. ET | June 29, 2015

A blot on auto retailing is developing in Birmingham, Ala. Eight former employees of Serra Automotive Group pleaded guilty to charges including falsifying documents and two managers are accused of cheating on Nissan North America's national sales incentive program.... Read More »

LETTER TO THE EDITOR

My Saturn stores were profitable

12:01 am U.S. ET | June 29, 2015

My company, Lucas Dealership Group, owned and operated 30 new-car dealerships between 1960 and 2000, including six Saturn stores. GM wanted to purchase them back, and it was willing to pay a goodwill/blue-sky premium. GM knew Saturn dealerships were profitable and had faith in the future of the product.... Read More »

Dealers

12:01 am U.S. ET | June 29, 2015

Dealers featured this week include Chuck Anderson, dealer principal at University Mazda in Seattle; Don Gasgarth, dealer principal of Don Gasgarth's Charlotte County Ford in Port Charlotte, Fla.; and John Voss, dealer principal at Voss Toyota in Beavercreek, Ohio.... Read More »

GM to re-enter medium-duty commercial truck market

12:01 am U.S. ET | June 22, 2015

General Motors is returning to the medium-duty commercial truck business in the U.S. next year after a seven-year hiatus, a move that GM believes will lead to more sales of pickups, vans and other trucks to fleet buyers.... Read More »

Dealers

12:01 am U.S. ET | June 22, 2015

Dealers featured this week include Mike Jensen and Joe Cecconi with Dodge at Joe Cecconi's Chrysler Complex (Chrysler-Jeep-Dodge-Ram) in Niagara Falls, N.Y.; Daryl Ingold, dealer principal of Burlington Honda in Burlington, N.C.; John McKoane and Caroline McKoane-Ritchie, owners of Clawson Honda of Fresno in Fresno, Calif.; and David Baird, president of Marshall Ford in Marshall, Va.... Read More »

A billion here, a billion there ...

12:01 am U.S. ET | June 15, 2015

In its latest earnings statement, Berkshire Hathaway valued its purchase of Van Tuyl Group at $4.11 billion, after adding up the value of the dealership group's assets and subtracting the liabilities that were assumed.... Read More »

As selling rate soars, U.S. fleet sales slide

12:01 am U.S. ET | June 15, 2015

Fleet volume didn't contribute much to those booming May auto sales.... Read More »

Automotive News Cover
News by Brand