Dealers
 

FCA to offer free college education to dealership employees

6:00 am U.S. ET | May 4, 2015
Fiat Chrysler, seeking to curb the industry's “dramatic” turnover rate among dealership employees, said it will offer “no-cost, no-debt” college educations to workers at participating U.S. dealerships.
BEST PRACTICES

A Kentucky dealer's cup overfloweth

12:01 am U.S. ET | May 4, 2015
Don Moore turned an old drive-thru pharmacy window into an in-house coffee shop, which serves as a visible symbol of his main philanthropic pursuit: helping the homeless

California court case reworks technician pay plans

12:01 am U.S. ET | May 4, 2015
Dealers often bemoan California's legal climate. Two of their biggest legal headaches there are labor-law challenges and class-action lawsuits.

Dealer awards

12:01 am U.S. ET | May 4, 2015
Dealers featured this week include the Iowa Automobile Dealers Association, John Isaacson, dealer principal at Lee Honda in Auburn, Maine; and David...

'NEVER ON SUNDAY'

The battle over Sunday sales

12:01 am U.S. ET | May 3, 2015
In Illinois, Texas and New Jersey, lawmakers who want to allow Sunday sales face vehement opposition from dealers.

FAMILY LITIGATION

DARCARS keeps focus amid lawsuit, CEO says

12:01 am U.S. ET | May 3, 2015
DARCARS Automotive Group faced a human- and public relations nightmare after the founder's daughter, Tamara, sued her father and the company while...

He's sold boxing champ Floyd Mayweather 39 cars … and counting

2:45 pm U.S. ET | April 29, 2015
Obi Okeke has sold 39 cars to welterweight champ Mayweather, including a $3.2 million Ferarri Enzo and three Bugatti Veyrons that are worth $6.

Penske Q1 net up 12% as sales rise

8:48 am U.S. ET | April 28, 2015
Penske Automotive Group reported first-quarter net income rose 12 percent driven largely by strong vehicle sales.

Group 1's net income rises 14% in Q1

7:50 am U.S. ET | April 28, 2015
Group 1 Automotive reported net income rose 14 percent to $36 million in the first quarter, driven by solid gains in sales of both new and used...

AutoNation Ford store in Bellevue, Wash., burns down

10:45 am U.S. ET | April 27, 2015
AutoNation Ford Bellevue in Washington state was still burning today after a fire tore through the dealership Saturday morning.

BEST PRACTICES

Small VW store delivers top customer ratings

12:01 am U.S. ET | April 27, 2015
Attention to detail and personal contact by the owners of a small, 50-year-old Volkswagen dealership in rural Pennsylvania helped it earn the brand's...

Public dealerships plan for growth

12:01 am U.S. ET | April 27, 2015
AutoNation, Sonic, Asbury and Lithia gave updates on their new projects as they reported generally robust first-quarter earnings.

RFJ buys Dave Smith Auto

12:01 am U.S. ET | April 25, 2015
Fast-growing dealership group RFJ Auto Partners is expanding in the Northwest by buying Dave Smith Auto Group, which operates two of the...

AutoNation's Q1 net income rises 17%

7:00 am U.S. ET | April 22, 2015
AutoNation is picking up its acquisition pace as its profits continue to rise.

Lithia's Q1 net income soars 64% on broad gains, DCH integration

11:03 am U.S. ET | April 22, 2015
Lithia Motors' net income surged 64 percent to $41 million in the first quarter from a year earlier, on strong sales across all divisions and the...

BMW is building vehicle distribution center in Texas to serve the South

10:44 am U.S. ET | April 22, 2015
BMW AG said it is building a vehicle distribution center in Texas to serve the Southern US.

Sonic Q1 revenue up, net income down on costs for new initiatives

9:06 am U.S. ET | April 21, 2015
Sonic Automotive reported a nearly 5 percent revenue increase in the first quarter, but a drop in net income mostly because of costs associated with...

Asbury's first quarter net income rises 14%

9:06 am U.S. ET | April 21, 2015
Asbury Automotive Group's net income jumped 14 percent in the first quarter of 2015 from the year-earlier period, to $35.

FCA puts the squeeze on dealer profits

12:01 am U.S. ET | April 20, 2015
Fiat Chrysler is squeezing U.S. dealerships’ profits by boosting vehicle invoice prices but not the corresponding sticker prices.

Dealers

12:01 am U.S. ET | April 20, 2015
Max Jamiesson, left, and Nathen Hughes, center, of Salinas Toyota in Salinas, Calif.

China's Guangzhou Auto seeks U.S. dealers ahead of 2017 SUV launch

9:58 am U.S. ET | April 19, 2015
Guangzhou Auto is searching for dealership partners in the United States and is researching how to comply with regulations to prepare for its planned...

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Special Video Report
Smart use of phones, sales teams lift Wash. stores

Smart use of phones, sales teams lift Wash. stores

Sales employees at Ford and Hyundai of Kirkland have tapped smartphones to show how customers are “buying a relationship” with the group. Mon., May 4
» Watch the Video
     
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