Tesla cleared to open store in Virginia capitalUPDATED: 12/1/16 9:21 am ET - adds reaction
In a decision released Wednesday, the commissioner of Virginia's Department of Motor Vehicles reversed a September ruling denying Tesla a dealership license to operate a store in Richmond. It's a victory for Tesla in its ongoing battle with states over dealership franchise laws.
JK Wrangler’s final act: Special editions
Jeep is stretching out consumer interest in the outgoing JK Wrangler by offering a number of special limited-edition packages over the next year while consumers await the arrival of the redesigned JL Wrangler in the second half of 2017.
Sales staff slips into something more comfortable
By blending a casual-attire work environment with a collection of high-end art on the walls, World Subaru in Tinton Falls, N.J., has outperformed other regional dealerships and achieved high customer-satisfaction ratings.
Cadillac delays Pinnacle launch again
49 dealers nominated for Time magazine award
Safety loses a champion
Lincoln, Ford finance arms take top spots in J.D. Power consumer satisfaction study
U.S. dealerships face evolution, not revolution, expert says
The typical U.S. car dealership will see evolution, but not revolution, over the next 10 years, says a consultant hired by the National Automobile Dealers Association to study the future of dealerships.
Dealers undercharge for CPO vehicles, study finds
Lamb: Dealers leave accessory money on the table
Analytics software enables dealers to test strategies
Reynolds sells a revolution
Reynolds and Reynolds President Ron Lamb has reinvented the software giant, with new code and products built around his vision of the dealership of the future. Now he has to win over dealers, including those soured on the company due to its history of high prices and litigiousness.
Buick, Porsche top mass market, luxury segments in sales satisfaction study
Buick and Porsche topped the mass-market and luxury segments in J.D. Power's latest sales satisfaction study. Buick, with a score of 809 on a 1,000-point scale, paced mass-market brands for the first time since 2008. Porsche (824) led the luxury segment for the second consecutive year.
Fiat Chrysler dials down rental-car sales in echo of GM strategy
Fiat Chrysler Automobiles is cutting back on discounted, lower-margin sales to fleet customers in the U.S., following General Motors in a strategy that helped the larger rival post record third-quarter profit.
Sonic's Q3 net drops 32% on stop-sales, weakness in BMW and Houston
Sonic Automotive Inc.'s third-quarter net income plummeted 32 percent from a year earlier to $18.1 million due to stop-sales of vehicles, a decline in sales by the BMW brand and weakness in the Houston market, the company said today.
Don't leave money on the table
Cheap gas expected to stay after vote
Sonic takes EchoPark into Fla., Ga. with acquisition
AutoNation Q3 net income drops 9.5% to $107.3 million
AutoNation adds used-only stores as part of broad expansionUPDATED: 10/28/16 8:08 am ET - adds link
AutoNation is embarking on a wide-ranging, $500 million brand extension strategy led by the launch of stand-alone used-vehicle stores using no-haggle pricing. The dealership group also will add collision centers and renovate existing ones, unifying them under the AutoNation brand.
Penske Automotive Q3 net rises 1.1% to $88.5 million
Penske Automotive's third-quarter net income rose 1.1 percent as gains in gross profit margins in the U.S. for new and used vehicles were offset by foreign exchange-related losses and lower global profit margins for vehicle sales.