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James B. Treece

News Editor
Address: 1155 Gratiot Ave.
48207 Detroit, Mich.
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Phone: 313-446-1604
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Recent authored articles

November's sales gain sets up 17 million in '17

UPDATED: 12/4/17 1:53 pm ET - adds final results

A solid November has all but guaranteed that U.S. new light-vehicle sales will top 17 million in 2017 for the third straight year and only the fifth time ever.

VIN CrossCheck touted as possible anti-fraud platform for lenders

An existing technology used to monitor floorplans could be a platform for expanded cooperation by auto lenders in the fight against fraud rings.

Hertz's bid to rely less on auctions starts to pay off

Hertz disposed of a growing share of its retired vehicles through channels other than auctions in the third quarter, and expects that growth to continue.

Auctions offer peace of mind with purchases

Auctions such as Manheim and Ally's SmartAuction are expanding their assurances to buyers that if something goes wrong, they will be made right.

Which subprime borrowers are riskiest?

Some subprime borrowers are riskier than others. Here are warning signs that lenders -- and F&I managers -- should watch for, according to research by Moody's.

Safety first for next auction group leader

NAAA's board is expected to vote on mandatory safety standards for auction members at this month's annual convention, changing how buyers can act in the lane.

Out in the country, dealerships will still look like dealerships

News Editor James B. Treece imagines a future where rural dealers survive and thrive.

KAR stock price rises on strong Q3, higher dividend and forecast

UPDATED: 11/1/17 4:19 pm ET - adds stock update

KAR Auction Services' stock price rose Wednesday after the company reported solid third-quarter results.

F&I penetration rates dip in first half

Penetration rates for F&I products declined at U.S. dealerships in the first half of the year, NADA Data show.

Deciding where to go for service

Dealerships are capturing a good chunk of the service business. Discounts and other marketing can draw in more customers, but mainly at the margins, a survey found.

Making the grade on a very steep curve

Dealerships that apply for recognition as one of the 100 Best Dealerships To Work For are graded on a very steep curve.

iPhones kill people, but they don't have to

It's time for cellphone makers such as Apple to take action to reduce the distracted driving, and deaths, that their products cause.

CarMax Q2 profit rises despite hit from Harvey

CarMax's net income rose 12 percent in its fiscal second quarter as the largest used-vehicle retailer in the U.S. saw only a "modest" loss of sales from Hurricane Harvey.

Unconcerned about credit

A new survey found franchised dealers don't worry much about credit availability for themselves or their customers, in contrast to their independent-dealer rivals.

KAR, ADESA's parent, plans new HQ

KAR Auction Services plans a new $80 million headquarters two miles south of its current headquarters in Carmel, Ind.

Penske raises truck-leasing stake

Penske Automotive Group has acquired an additional 5.5 percent interest in Penske Truck Leasing from subsidiaries of GE Capital Global Holdings.

Why the auto industry gained Wall Street favor in storm's wake

Hurricane Harvey did something for the auto industry that record profits failed to do: Make Wall Street happy.

Group 1 says 98% of Houston inventory survived

Auto retailer Group 1 says 98 percent of its more than 15,000 vehicles in the Houston and Beaumont, Texas, area survived Hurricane Harvey.

Nontraditional no more

Ford Credit's decision to use nontraditional approaches in assessing consumers means the industry needs to reconsider what it now considers traditional.

Customers OK with most service lounges

Customers are generally pleased with the service lounge. But import and domestic luxury brands are split on offering loaners or pickup services, a survey found.

Are we coping with falling used-car prices? Depends whom you ask

Declining used-vehicle prices bludgeoned second-quarter profits at Hertz and Avis Budget. Here's what they're doing about it.

IAA, ADESA power KAR's Q2 results

KAR Auction Services' second-quarter net profile fell 7.4 percent on a debt-restructuring charge, even as revenue grew.

Denso's net surges on higher vehicle output; outlook raised for the year

Denso said its net income surged 66 percent in its fiscal first quarter as the supplier's revenue rose 6.6 percent on higher vehicle output in its major markets.

Aisin Seiki says quarterly net profit fell 25%

Aisin Seiki's net fell in the quarter ended June 30, compared with the year-earlier period when the supplier's earnings were inflated by a special item.

Who will order car subscriptions?

Vehicle subscription services are emerging as a new slice of the car-sharing market, and industry leaders are still trying to figure out which model will work best.