Dealership Upgrades

NADA: Dealer revenues like never before

12:01 am U.S. ET | May 26, 2014
Dealerships have more than bounced back from the recession. Fewer stores and the recovery in vehicle sales meant record revenues and profits for dealerships last year....
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Audi makes London showroom a tech-rich showpiece for the brand

12:01 am U.S. ET | May 11, 2014
Audi's technology-rich showroom in London's Mayfair district showcases a revolutionary way to sell not just cars but the brand itself. It's even a stop for guided tours....
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How U.S. dealers can boost their margins, according to McKinsey study

11:28 am U.S. ET | Feb. 26, 2014
U.S. dealerships can significantly improve on the industry's average profit margin if they upgrade the capability of sales and service employees and pursue new sales formats, a McKinsey & Co. study concludes....
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Subaru dealers get financial aid to boost fixed-operations capacity

8:37 am U.S. ET | Jan. 27, 2014
Subaru dealers were given preliminary details of the brand's new program to increase fixed-operations capacity at its U.S. dealerships....
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Some BMW dealers choose to sell rather than renovate

12:01 am U.S. ET | Jan. 27, 2014
More BMW dealers than expected are choosing to sell their stores rather than modify them to meet the brand's new facility standard....
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M-B prepares to update dealership standards

12:01 am U.S. ET | Dec. 7, 2013
Mercedes-Benz is laying the groundwork for revisions to its dealership standards, in conjunction with an initiative to reach out to younger buyers. No changes to the brand's U.S. dealership standards are expected soon, said the executive in charge of the initiative....
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Coping with higher rates

12:01 am U.S. ET | Oct. 21, 2013
A slight rise in interest rates from extreme lows will affect everything from auto and dealer floorplan loans to long-term debt for automakers and suppliers. But that should be only a modest challenge to an industry that has already proved its resilience....
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LEDs move from outside lot to the showroom

12:01 am U.S. ET | Oct. 14, 2013
More than a year ago, Bryant Motor Co. installed light fixtures with light-emitting diodes on its lots. Pleased with the performance and savings those LEDs brought, the Sedalia, Mo., Chrysler-Dodge-Jeep-Ram dealership decided to use LEDs for interior lighting when it began to renovate last February, said dealer principal Kyle Herrick....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
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