After his father's death in July, Teddy Morse, 41, took over his family's dealership group, founded by his grandfather in 1963. In this Q&A, he talks about his baptism by fire, the personnel policies he learned from his father and grandfather and other matters.
Colleen McDonald, 51, fought all the way to the U.S. Supreme Court before getting back Livonia (Mich.) Chrysler Jeep in July, after losing three dealerships during the General Motors and Chrysler bankruptcies. In this Q&A, she speaks about losing the stores, getting one back and resuming operations.
The Mercedes-Benz badge may be too fancy for Sprinter van buyers in the United States. So Mercedes has begun advertising the sticker price on the refreshed 2014 Sprinter van to negate its luxury appeal. The move comes as Mercedes attempts to gain market share from rivals by reaching individual and fleet customers who are not accustomed -- or even averse -- to driving a Mercedes-Benz vehicle.
General Motors is lining dealer inventories with rental cars as customers begin turning in Chevrolet Cobalts, Saturn Ions and other recalled models with faulty ignition switches for repair. GM has altered its rental car policy and has agreed to work with Enterprise, Hertz and Avis to ensure rentals are available to customers if demand exhausts dealer courtesy cars. GM also is offering customers towing service and a $500 discount on new cars in addition to the free fix.
For the second year in a row, Consumer Reports is finding the Toyota Prius gives consumers the biggest bang for their buck. The Prius topped Consumer Reports' Best New-Car Value analysis, released today, which ranks more than 200 vehicles on performance, reliability and costs.