Jamie LaReau

Retail / F&I Reporter

Address: 1155 Gratiot Ave.
48207-2997 Detroit
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Phone: 313-446-1637
E-Mail: jlareau@crain.com

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Recent articles
Lithia will continue rapid acquisition pace after DCH
9:08 am U.S. ET | Oct. 30 | UPDATED: 10/30/14 2:32 pm ET - new story
Lithia Motors will continue its rapid pace of acquisitions over the next year despite just closing a huge deal to buy DCH Auto Group, executives said today. ...

Penske Automotive eyes more growth overseas, retail truck stores
10:04 am U.S. ET | Oct. 29 | UPDATED: 10/29/14 4:21 pm ET - new story
Penske Automotive wants to grow by snapping up more car dealerships overseas and buying other businesses, such as heavy-duty retail truck stores. ...

Why the XC90 can't come soon enough for Volvo dealers
12:24 pm U.S. ET | Oct. 28
Some Volvo dealers are expecting the brand’s image to blossom this spring with the arrival of its redesigned flagship crossover. And they can’t wait to see wh ...

Group 1 slows acquisitions
12:01 am U.S. ET | Oct. 27
Group 1 Automotive Inc., put off by high prices for dealerships and unacceptable returns, will slow its acquisition pace in the near term. ...

Group 1 slows acquisition pace
1:03 pm U.S. ET | Oct. 23
Put off by high prices for dealerships and unacceptable returns, Group 1 Automotive will slow its acquisition pace in the near term, CEO Earl Hesterberg said today. ...

Gen Y guru entertains, informs
4:23 pm U.S. ET | Oct. 21
Who knew that demographics could be so funny? ...

How to attract, hire and keep college grads
12:01 am U.S. ET | Oct. 15
Dealers increasingly want to hire college grads, believing they bring a high level of professionalism and the drive to succeed. But getting college graduates to consider ...

Getting past the industry's negative image
12:01 am U.S. ET | Oct. 15
If auto dealers want to hire more college graduates, experts say, they must overcome a variety of negative perceptions: long and odd hours, inconsistent paychecks and wor ...

Lithia predicts Q3 net income gain despite lower used-car profits
2:19 pm U.S. ET | Oct. 13 | UPDATED: 10/13/14 4:20 pm ET - adds stock close
Lithia Motors expects to report a gain in third-quarter unadjusted net income, boosted by improved new-vehicle sales, service and parts business and F&I revenue, it said ...

What, me worry? Hendrick says deal-hungry Buffett won't keep him from buying
12:01 am U.S. ET | Oct. 13
Car dealer Rick Hendrick has a message for auto retailers looking to sell their family business: He's still buying. ...

Dealers turn to governments for incentives
12:01 am U.S. ET | Oct. 13
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements. ...

$4 billion deal? A win all around, experts say
12:01 am U.S. ET | Oct. 6
Experts in dealership buy-sells estimate Warren Buffett's Berkshire Hathaway Inc. paid $4 billion for Van Tuyl Group. ...

Buffett opens door for more outsiders
12:01 am U.S. ET | Oct. 6
Billionaire Warren Buffett is paving the way for more outside investors to buy large dealership groups, experts said. ...

Lithia completes purchase of DCH Auto Group
5:48 pm U.S. ET | Oct. 1
Lithia Motors said it completed the purchase of DCH Auto Group, one of the largest buy-sell deals between dealership groups in recent history. ...

How to drive dealers back to Washington, D.C.?
2:03 pm U.S. ET | Sept. 26
Martens Volvo-Volkswagen were the first car dealerships in Washington, D.C. – and the last. ...

Group 1 exits N.Y., looks south
12:01 am U.S. ET | Sept. 22
Group 1 Automotive's latest buy-sells take it out of the Long Island, N.Y., market as the dealership group seeks to add stores in the Carolinas and Virginia. ...

Penske expands engines, power business in Australia, Pacific
3:46 pm U.S. ET | Sept. 16
Penske Automotive Group today said it is buying a company that distributes diesel and gasoline engines and power systems in Australia, New Zealand and the Pacific markets ...

Automakers warm to the era of ride-sharing
12:01 am U.S. ET | Sept. 15 | UPDATED: 9/15/14 11:57 am ET - corrected
The rise of car-owning alternatives such as rental service Zipcar, and ride-summoning services including Uber and Lyft, is prompting automakers to embrace the idea that t ...

Smart dealers can make big bucks through smartphones
2:50 pm U.S. ET | Sept. 12
Car dealers are sitting on a gold mine: their idle inventories. The tool to turn that goldmine into gold is the smartphone. ...

GM dealerships' buy-sell activity jumps
12:01 am U.S. ET | Sept. 8
GM stores are by far the most sold and acquired in the dealership buy-sell market this year. ...

With digital data, DARCARS has F&I down to a science
12:01 am U.S. ET | Sept. 8
Finance and insurance managers at DARCARS Automotive Group have a digital Big Brother watching them, ready to spit out a minute-by-minute account of their customer intera ...

Why more women are willing to haggle with dealers
2:57 pm U.S. ET | Sept. 3
Car dealers who believe that men like to haggle and women don't had better think again. A new study suggests that women are more keen than men to negotiate -- a reversal ...

Capital Automotive sold for $4.3 billion, source says
4:27 pm U.S. ET | Aug. 29
Brookfield Property Partners will acquire Capital Automotive for $4.3 billion, according to a source familiar with the deal. ...

Dealers are missing an opportunity by not changing that tire
3:41 pm U.S. ET | Aug. 26
A recent survey reported that 52 percent of American teens ages 15 to 17 do not know how to change a tire. ...

Certified Elite status lets GM dealers shine
12:01 am U.S. ET | Aug. 25
Certified Elite dealers can make aggressive offers with the confidence that the factory won't nickel-and-dime the dealership for doing it. ...

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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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