The 2014 model-year brand and category winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value...
2014 Best Resale Value Award Winners Announced by Kelley Blue Book
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Interview with John Lee, Owner of the Lee Motor Group
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...
Cost To Market Clarifiers: How The Metric Helps You Manage Used Vehicle Profitability
It’s fair to say the auto retail business has changed more in the past 10 years than in the previous 75 years combined. Much of the change owes to...
Interview with Tom DeFelice, Owner of Circle BMW
In 1980, Tom DeFelice bought a small BMW franchise in New Jersey that had sold 25 vehicles the year before. With 2 employees, 12 parts bins and 1...
Ignition Interlocks May Force Drivers to Buckle Up
According to The Detroit News, ignition interlocks may force driver to buckle up. After nearly 40 years, the auto industry may again force drivers...
4 Truths of F&I
4 truths of F&I, according to F&I and Showroom. There’s a lot of speculation floating around about the Consumer Financial Protection Bureau...
Interview with Earl Stewart, Owner of Earl Stewart Toyota
Earl Stewart began selling cars in 1968 at his father’s Pontiac dealership after a short career as an electronics engineer. Today, he’s the owner of...
Subaru Releases “Launch Control”
Cherry Hill, N.J. - Subaru of America Inc. has released the first episode of “Launch Control”, a bi-weekly web video series that chronicles Subaru...
Automobile Business of This Century Is All About Client Retention
As an NADA Dealer Academy graduate of 2002 (at the expense of making myself seem dated; I was just a mere child then), I must confess that I do not...
Median-Income Household Can Only Afford Average-Priced New Car in One of the 25 Largest U.S. Metros
CHICAGO – A median-income household can only afford the average-priced new car or light truck in one of the 25 largest metropolitan areas in the...