The 2014 model-year brand and category winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value through the initial five-year ownership period, were announced today by Kelley Blue Book, www.kbb.com, the

This is the 23-year-old entrepreneur who just turned down $3B from Facebook, according to Entrepreneur.  For many entrepreneurs, the dream is to launch a kickass startup, grow it into a powerhouse and then sell it off or go public. In other words, t

“You want Loyd to do what? Jim, are you gone-to-the-grape?” asked Dr. Merlot, my friendly yet kooky sidekick, with disbelief. “For the last five years you have been deploying a plan to purchase your dad’s stock and recruit tal

Retired Army Staff Sgt. the recipient of a new car TrueCar, an authority on new car pricing, information, trends and forecasting since 2005, has recorded its one-millionth vehicle sale through its national Certified Dealer Network, which currently ac

With $5,000 in his pocket, World War II veteran James Lee bought a small Ford dealership in Elm City, NC in 1953. His son John, born six years later, would ride his bike after school to the small dealership that didn’t even have a showroom. He fell

“The most dramatic cost of the lack of leadership is that the market has changed so much and your dealership has changed so little!” On Tuesday August 23, 2011 at 1:51PM, I was sitting with an F&I Manager when the building started shaking and

U.S. may relax automaker rules for seatbelt installation, according to Bloomberg. U.S. regulators may relax some auto-safety requirements on manufacturers that voluntarily install technology preventing cars from starting unless occupants are wearing

Lista International Corporation announces a new automated tire carousel that will take tire storage for the automotive industry to the next level of productivity. Storing tires in a parts or service department no longer has to be a challenge. Lista&#

Auto and motorcycle dealers using MaximTrak Technology’s F&I Menu tool to help them customize and organize a more compelling aftermarkets products presentation are realizing PVR lifts of 28% and as high as 33% for the motorcycle industry, Maxim