Dealers

DAVID BARKHOLZ

BLOG: Why this Tampa dealer reset Latino marketing efforts

9:53 pm U.S. ET | April 20, 2015

Tampa's Kuhn Honda has hit the reset button on its marketing to Latinos as it seeks to increase its already outsized sales numbers with the group....
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Judge backs Mitsubishi in franchise lawsuit

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

Mitsubishi has prevailed in a long-running legal dispute with one of its largest dealers. But, an attorney for the dealer says the fight will continue as a new lawsuit is in the works....
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Dealership employees, payrolls top prerecession levels

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

U.S. dealerships added to their employee count for the fifth year in a row last year, causing the average store's payroll to rise sharply above its pre-recession levels. The average wage of $55,000 per employee ranks as one of the highest of any retail trade....
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FCA puts the squeeze on dealer profits

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

Fiat Chrysler is squeezing U.S. dealerships’ profits by boosting vehicle invoice prices but not the corresponding sticker prices. The move is part of a larger effort by FCA US to increase profit margins, which trail those of Ford and General Motors....
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Ally change saves dealers big money

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

The 4,200 dealerships that finance their vehicle inventory through Ally Financial are seeing savings from Ally's recent shift to peg interest rates to LIBOR rather than a prime-rate benchmark....
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Obituaries

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

Frank Audette, a suburban Detroit dealer, died April 10....
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Dealers

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

Max Jamiesson, left, and Nathen Hughes, center, of Salinas Toyota in Salinas, Calif., receive a 50-year award from Pete Carey, general manager of Toyota Motor Sales U.S.A.'s San Francisco region....
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BEST PRACTICES

Rural dealer becomes used-car powerhouse

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

Small-town Schafer Chevrolet has turned the devastating loss of three new-car franchises into a used-car powerhouse....
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China's Guangzhou Auto seeks U.S. dealers ahead of 2017 SUV launch

9:58 am U.S. ET | April 19, 2015

Guangzhou Auto is searching for dealership partners in the United States and is researching how to comply with regulations to prepare for its planned 2017 launch there, the company's top executive said....
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Toyota plots Prius comeback

12:01 am U.S. ET | April 18, 2015

As Toyota prepares to introduce a redesigned Prius later this year, both car and company are at turning points. First introduced in 1997, the hybrid is no longer the green-car darling of the Hollywood set. That sort of buzz now surrounds the EVs produced by Tesla....
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THE SSR MVP

How an oddball Chevy transformed a Houston dealership

12:01 am U.S. ET | April 18, 2015

More than a decade after General Motors launched the Chevrolet SSR, most people still aren't sure what to make of the retro-styled, high-performance roadster pickup. Paul Peebles has managed to make a thriving business out of it....
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BMW to recall 91,800 Mini Coopers over airbag flaw

10:34 am U.S. ET | April 18, 2015

BMW of North America will recall about 91,800 Mini Coopers in the U.S. to fix a flaw with the front passenger seat mat that may prevent the passenger airbag from deploying....
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U.S. House OKs bill to kill 'death tax'

3:50 pm U.S. ET | April 16, 2015

The House of Representatives passed a bill to repeal the 40 percent tax applied on estates worth more than $5 million, which dealers have long complained could saddle their family members with huge tax bills should they die unexpectedly. A similar bill has been introduced in the Republican-controlled Senate....
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U.S. bill would streamline passage of 2 key trade deals

10:00 pm U.S. ET | April 16, 2015

US lawmakers introduced a bipartisan bill to move trade deals quickly through Congress, opening the door to sealing a major Pacific trade pact with major implications for the auto industry....
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Frank Audette, longtime Detroit area Cadillac dealer, dead at 90

3:28 pm U.S. ET | April 16, 2015

Frank Audette, the creator of the Troy Motor Mall and founder of the former Audette Cadillac dealership in suburban Detroit, died April 10. He was 90....
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GM launches software that flags recalled vehicles on dealer lots

1:54 pm U.S. ET | April 15, 2015

General Motors is rolling out new software this month for dealerships to make it harder for them to mistakenly sell a new vehicle that's subject to a recall, without first performing the recall work as required....
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Tesla awaits OK from governor to sell directly in Maryland

12:45 pm U.S. ET | April 15, 2015

Tesla will be granted up to four licenses in Maryland if the governor signs a bill supported by the Maryland Automobile Dealers Association....
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JIM HENRY

BLOG: Women in automotive seek more peers

12:15 pm U.S. ET | April 15, 2015

A lot of dealer principals and general managers swear by their female salespeople and F&I managers and wish they had more. But in the business world at large, auto industry careers for women are a “best-kept secret.”...
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Lexus, Subaru score highest consumer reviews on DealerRater

5:31 pm U.S. ET | April 14, 2015

Lexus and Subaru dealerships posted the highest average consumer ratings among luxury and mass-market brands on review site DealerRater over the past 12 months. The site examined star ratings earned by franchised dealerships of all brands in the 12 months ending March 31, 2015, to come up with the Consumer Rating Index....
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Chevy cuts price, adds incentives for Spark EV

1:00 pm U.S. ET | April 14, 2015

Chevrolet is cutting the sticker price on the Spark EV by $1,650 and adding cash incentives that will allow buyers to get the battery electric minicar for as low as $14,995 after federal and state tax breaks....
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VIDEO: Seattle VW dealer mixes metrics and fun

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

Matthew Welch may own Auburn Volkswagen, but the title he cherishes is “chief relationship officer.'' In that role, he relentlessly pushes communication, whether by spreading “true rumors” or holding team meetings to discuss “WIGs” – wildly important goals. The effort has yielded better metrics for tire sales and parts orders. There's a big intangible, too. As Welch says: “You have to run it like a business, but why can't you have fun?”...
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BEST PRACTICES

Cramped quarters teach valuable lessons

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

When Hodges Subaru moves to a much larger building on Detroit's famed Woodward Avenue, it will take with it many lessons learned during the years confined in a small space. For instance, it will continue to train workers to perform the duties of more than one job, to boost efficiency and teamwork....
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Blue sky surges for German luxury brands

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

The values for German luxury brand dealerships in the United States are in the stratosphere, while some other brands are such poor prospects that the buy-sell market cannot even assign them a multiple. Those are some of the key findings in a just-released report put out by the advisory firm Haig Partners....
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Ford's stair-step workout for dealers

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

As its U.S. market share slides, Ford Motor Co. has dug up one of the old-school, sales-boosting tricks it had seemingly buried: stair-step incentives. The move comes as other automakers swear off stair-steps and dealers criticize such a strategy as profit-eroding, confusing and ineffective long term....
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Toyota's Costa Rica retailer expands in U.S.

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

Costa Rica's distributor of Toyota Group vehicles wants to own five to seven Toyota dealerships and "a couple" of Lexus stores in the U.S. within three years, its CEO said. Purdy Motor Group is not quite halfway to that goal....
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