Trending Auto Retail News
Loan Amounts Reach Record Highs in Q3
Loan Amounts Reach Record Highs in Q3, from F&I Magazine. The average dollar amount for both new and used vehicle loans reached all-time highs in the third quarter of 2014, according to Experian Automotive’s latest State of the Automotive Finance Market report. The...
New Auto Group to Sell Cars Online Using Breakthrough Technology
New Auto Group to Sell Cars Online Using Breakthrough Technology, from Sys-Con Media. Two life-long friends, Katie Bowman Coleman, owner of Bowman Chevrolet in Clarkston, MI and Sam Slaughter, owner of Sellers Buick-GMC in Farmington Hills, MI have merged their...
Leading IT With Dealers and Customers in Mind
Leading IT With Dealers and Customers in Mind, from CIO Insight. At Asbury Automotive, CIO Barry Cohen leads the IT organization with dealers and customers in mind, and is making IT a broader driver of value to the company. Asbury Automotive is a $5.3 billion...
As family dealership owner, she’s the top ‘nice guy’ at Soerens Ford
As family dealership owner, she's the top 'nice guy' at Soerens Ford, from Milwaukee-Wisconsin Journal Sentinel. A family Ford dealership here is owned by a "nice guy" who just gave birth to her third child. As the fourth-generation owner of Soerens Ford, Stephanie...
Black Friday Deals Could Siphon Some Auto Sales from December
Black Friday deals could siphon some auto sales from December, from Automotive News. Analysts predict SAAR will rise to 16.8 million The Jacky Jones Lincoln dealership had a message for Black Friday shoppers: After picking up that big-screen TV, stop by and lease an...
Why Your Dealership Should Take the Cloud for a Test Drive
As a car dealership, you have goals you want to reach. Maybe you gauge your success by annual sales or by your salespeople reaching their monthly quotas. However you choose to manage (and measure) your profitability, there’s always room to grow. Whether you are...
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. Department of Justice....
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 acquiring new...
Interview with Scott Smith – Dealer Principal Automotive Associates of Atlanta
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. If it’s not, it’s an...
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 been the subject of...
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 information. The...
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