Jamie LaReau

Retail / F&I Reporter
Address: 1155 Gratiot Ave.
48207-2997 Detroit
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Phone: 313-446-1637
E-Mail: jlareau@crain.com
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Recent articles

Why Lithia plans to ratchet up tech hires

Lithia Motors expects its service and parts business -- both warranty and customer-pay -- to rise due to the back-up of recalled vehicles and the increased number of cars ...

Attempted murder? How store struck back

When an online review falsely accused Huntington Beach Mazda's staff of attempted murder and elderly abuse, dealer John Patterson went into action to mitigate the damage. ...

Stop-sale backlog hits public groups' earnings

Several publicly traded dealership groups noted that cars and truck languishing for months on their lots under stop-sale orders due to recalls hurt their first-quarter ea ...

Why are some Nissan dealers so unhappy?

As retailers gathered for the 2016 National Automobile Dealers Association convention, audiences seemed to nod in agreement at criticism that Nissan has used its elbows i ...

A scion finds his dream job at Toyota store

About a year after resigning as CEO of Larry H. Miller Dealerships, Greg Miller has bought a single store near San Diego. The purchase fulfills his dream of running his o ...

Under new owners, Morrie's looks to grow

Morrie's Automotive Group's new management, backed by the Bechtel family fortune, plans to grow via new hires and, later, the purchase of more stores. ...

EchoPark will expand to Texas and the Carolinas

Sonic Automotive will break ground on about two dozen new EchoPark used-vehicle stores in Texas, North Carolina and South Carolina beginning late this year or early in 20 ...

'It's still a hot market' for buy-sell

Buyers and sellers sound bullish about the dealership buy-sell market for the rest of 2016, although for different reasons. Buyers see more sellers coming to market -- es ...

Experts see softer blue sky values this year

Blue-sky multiples for dealership acquisitions will be mostly flat this year, buy-sell advisers say. ...

Customer loyalty: GM snaps Ford's 5-year run

In model-year 2015, General Motors snapped Ford Motor Co.'s five-year run of having the most loyal customers, IHS Automotive said, citing data from its Polk unit. ...

Dealers nationwide are getting ready for a plateau in new-vehicle sales

With the first quarter under their belts, many dealers believe new vehicle sales have plateaued, prompting them to take steps to protect profits if the market slows or sl ...

Mazda dealers want customer survey rule revision

Mazda's dealer council wants the automaker to revise a policy forbidding dealers to mention surveys to their customers. ...

Leasing is pressuring F&I? Depends on dealer

Leasing is on the rise, potentially endangering F&I profit margins. But it doesn't have to be that way, experts say. ...

Leasing is pressuring F&I? Depends on dealer

Leasing is on the rise, potentially endangering F&I profit margins. But it doesn't have to be that way, experts say. ...

2 Cleveland Nissan dealers cry foul over rival's extras

Two Cleveland-area dealers have filed a federal lawsuit against Nissan, alleging its alliances with so-called “preferred dealers” amount to illegal incentive ...

Dealership: Nissan's at odds with Fla. franchise law

Nissan North America's practice of providing millions in financial support to selected dealers is at the center of a court case in Florida, with a dealer saying Nissan is ...

2 Florida dealers grow with Nissan

Mario Murgado and Pablo Peon are the kind of dealers Nissan North America likes to do business with: committed to the Nissan and Infiniti brands, and determined to drive ...

Luxury margins squeeze retailers

Sales of premium-luxury vehicles have long been viewed as guaranteed money in the bank. Not any more. ...

Racing success fuels legendary industry titan Penske

If Roger Penske put all his titles and all his companies on a business card, he'd need one that folds like an accordion -- as if running one of the most successful teams ...

Cash for Nissan's preferred dealers

In its drive to grab a larger slice of the U.S. market, Nissan North America is quietly forming alliances with selected dealers who get favorable treatment, and sometimes ...
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