Bryan DeBoer

Lithia, Sonic: Service is key to '14 growth

12:01 am U.S. ET | Feb. 24, 2014
Lithia and Sonic Automotive, the nation's third-largest dealership group, see significant opportunities for revenue growth this year by improving customer experience and increasing customer-pay, as opposed to factory warranty, service business. The dealership groups share a goal, but they have different plans to achieve it.... Read More »

 

Lithia reports 38% rise in Q4 net income on better cost controls

10:49 am U.S. ET | Feb. 19, 2014
Lithia Motors today reported a 38 percent gain in fourth-quarter net income along with the highest annual revenue in company history, as it credited continued cost controls and robust sales of new and used vehicles.... Read More »

 

ADESA: Private-label auctions will grow

12:01 am U.S. ET | Feb. 3, 2014
ADESA Inc., the nation's second-largest vehicle auction company, has built a custom trading network that enables groups such as Bob Rohrman Auto Group, which has dealerships in Indiana and Illinois, to trade vehicles among their own stores, says CEO Stephane St-Hilaire.... Read More »

 

Dealer acquisition spend doubles in first 3 quarters

12:01 am U.S. ET | Dec. 30, 2013
Acquisition spending on U.S. dealerships by public retailers more than doubled during the first three quarters of 2013 from the same period in 2012.... Read More »

 

Lithia expands to boost used-car sales

12:01 am U.S. ET | Nov. 25, 2013
Lithia Motors Inc. is focusing on people, property and pro-cesses in its bid to sell an average of 75 used vehicles per store each month. In the third quarter, Lithia sold an average of 57 used vehicles per store per month, up from 52 a year earlier. The company can reach its 75-unit target in "a couple" of years, CEO Bryan DeBoer told Automotive News.... Read More »

 

Used cars, F&I boost public groups' profit

12:01 am U.S. ET | Oct. 28, 2013
Public retailers said last week that profits on used cars and finance and insurance operations drove increases in their third-quarter earnings.... Read More »

 

Lithia's moving used-car target

12:01 am U.S. ET | Aug. 19, 2013
Lithia Motors Inc. stores hit their target late last year, so Bryan DeBoer promptly raised the ante to 75. He believes the goal can be reached in two to four years.... Read More »

 

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