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Toyota’s Captive Faces CFPB, DOJ Enforcement Action

Toyota’s Captive Faces CFPB, DOJ Enforcement Action, from F&I Magazine. Toyota Motor Credit Corp. revealed last week in a regulatory filing that it could face an enforcement action from the Consumer Financial Protection Bureau and the U.S. Dep
Dec 2, 2014
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Germain Motor Company Redefining the Customer Experience Pays Off

Jessica Germain is redefining the “customer experience” at Germain Motor Company and it is paying off in a big way. Year-over-year sales are up, overall profits are up and the group is expanding its footprint with a growth strategy that includes
Dec 1, 2014
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Top 5 Ways to Increase Your Fixed Ops

Top 5 Ways to Increase Your Fixed Ops, from DealerSocket. When “fixed” means unchanging, it’s time to unfix the fixed. Unfix your Fixed Ops business; then, increase your Fixed Ops business! Fixed Operations can be the backbone of your business.
Dec 1, 2014
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Dealerships Welcome Recall Work, Despite Downsides

Dealerships Welcome Recall Work, Despite Downsides, from Wards Auto. Based on recent events, automotive recalls seem likely to join death and taxes as one of life’s inevitabilities. Through July of this year, 43 million vehicles in the U.S. have be
Dec 1, 2014
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One-stop tool helps techs complete Toyota repairs

One-stop tool helps techs complete Toyota repairs, from Automotive News. Toyota Motor Sales U.S.A. has created collision-repair software that gives body shop technicians one-stop access to parts information, repair instructions and technical informat
Dec 1, 2014
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Why You Should Give an Open Auction a Try

I recently made the decision that I needed to further my education, as well as try to find something that I could bring to you that would narrow the gap between dealers to wholesale to independents profitability. When we look at the number of vehicle
Nov 28, 2014
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5 Potentially Tough Conditions Dealers Will Face In 2015

I’ve been spending the past few days in budget and strategy sessions, planning for 2015. The work has brought me to a clear conclusion; Things aren’t going to get any easier for dealers next year and, in some cases, the challenging horizon may pr
Nov 28, 2014
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Warren Buffett: The Face of the Future Car Dealer?

The automotive retail industry has been abuzz in recent weeks after the announcement of Warren Buffett’s acquisition of the Van Tuyl Group, and the creation of Berkshire Hathaway Automotive Group. This acquisition has the industry talking about
Nov 28, 2014