Asbury plans to sell 4 stores in ArkansasTue, 25, Oct 2016
Asbury is getting out of Arkansas, a market which has underperformed for the company. The retailer is working on a deal to buy dealerships elsewhere that would be more profitable.
Asbury Q3 net drops 37 percent on lower salesTue, 25, Oct 2016
Asbury Automotive Group's third-quarter net income fell 37 percent to $32.4 million in part because of lower new- and used-vehicle sales, the company said today.
Goal of JLR store redesign: Break sales-service barrierMon, 03, Oct 2016
Jaguar Land Rover North America's new Arch dealership corporate identity program, rolling out now, showcases shiny, all-enclosed service drives and an effort to almost literally break down the walls separating dealership operations.
Tesla's arguments in defense of direct sales are wrongMon, 24, Oct 2016
The arguments that Tesla uses to defend its retail strategy are wrong, writes analyst Maryann Keller in a guest opinion piece.
Reynolds invests in online used-car trade networkMon, 24, Oct 2016
Dealership software giant Reynolds and Reynolds has taken a minority, yet “significant” stake in the Appraisal Lane, a startup online used-car trade network.
CarMax's certification checklist fails Calif. law, court rulesFri, 21, Oct 2016
A federal appeals court in California ruled that CarMax's component inspection checklist violates a state statue that requires dealers to provide consumers a “completed inspection report” prior to the sale of any certified used vehicle.
Geely's Lynk plan calls for company-owned storesMon, 24, Oct 2016
Geely Automobile's new global brand, Lynk & CO, will mount a Tesla-like challenge to the U.S. franchised dealer system as it pushes for 500,000 annual global sales within five years.
Auto industry cash flows point to historic electionSun, 23, Oct 2016
Elections swing back and forth, but the race for campaign cash from the auto industry is typically no contest. Republican nominees for president have raked in seven-figure sums from auto industry donors in each election cycle since 2000. This year is different.
Dealership hours keep women awayMon, 24, Oct 2016
It would be wise for dealers to find ways to attract women to their dealerships and especially the sales floor.
Racking up the milesMon, 24, Oct 2016
Americans are driving more, which eventually should lead to more car and truck sales.
Iowa store cuts hours and boosts moraleMon, 24, Oct 2016
When Mercedes-Benz of Des Moines reviewed its operating hours, it found it was missing business in the morning, when customers came in for service, and selling few cars in the evening. So it closed an hour earlier. Employee morale improved, and job applicants increased.
Is there room for 1 more brand?Mon, 24, Oct 2016
At every international show around the world, the gossip is always about who is going to dive off the board straight into the U.S. market.