James B. Treece

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Recent authored articles

CarMax Q2 profit rises despite hit from Harvey

CarMax's net income rose 12 percent in its fiscal second quarter as the largest used-vehicle retailer in the U.S. saw only a "modest" loss of sales from Hurricane Harvey.

Unconcerned about credit

A new survey found franchised dealers don't worry much about credit availability for themselves or their customers, in contrast to their independent-dealer rivals.

KAR, ADESA's parent, plans new HQ

KAR Auction Services plans a new $80 million headquarters two miles south of its current headquarters in Carmel, Ind.

Penske raises truck-leasing stake

Penske Automotive Group has acquired an additional 5.5 percent interest in Penske Truck Leasing from subsidiaries of GE Capital Global Holdings.

Why the auto industry gained Wall Street favor in storm's wake

Hurricane Harvey did something for the auto industry that record profits failed to do: Make Wall Street happy.

Group 1 says 98% of Houston inventory survived

Auto retailer Group 1 says 98 percent of its more than 15,000 vehicles in the Houston and Beaumont, Texas, area survived Hurricane Harvey.

Nontraditional no more

Ford Credit's decision to use nontraditional approaches in assessing consumers means the industry needs to reconsider what it now considers traditional.

Customers OK with most service lounges

Customers are generally pleased with the service lounge. But import and domestic luxury brands are split on offering loaners or pickup services, a survey found.

Are we coping with falling used-car prices? Depends whom you ask

Declining used-vehicle prices bludgeoned second-quarter profits at Hertz and Avis Budget. Here's what they're doing about it.

IAA, ADESA power KAR's Q2 results

KAR Auction Services' second-quarter net profile fell 7.4 percent on a debt-restructuring charge, even as revenue grew.

Denso's net surges on higher vehicle output; outlook raised for the year

Denso said its net income surged 66 percent in its fiscal first quarter as the supplier's revenue rose 6.6 percent on higher vehicle output in its major markets.

Aisin Seiki says quarterly net profit fell 25%

Aisin Seiki's net fell in the quarter ended June 30, compared with the year-earlier period when the supplier's earnings were inflated by a special item.

Who will order car subscriptions?

Vehicle subscription services are emerging as a new slice of the car-sharing market, and industry leaders are still trying to figure out which model will work best.

Rethinking flagship stores

Major retailers are rethinking the value of glitzy flagship stores. Should automakers follow suit?

Upside-down buyers' next moves vary by brand

Levels of negative equity vary by brand. So do buyers' actions when they discover that they owe more on their trade-in than it's worth, an informal survey found.

For Amazon's next move, watch its Europe tests

Could Amazon decide to buy a dealership group or two to cover all automotive brands? It certainly has the cash.

Can I schedule online? Will I?

Two of every five consumers surveyed didn't know whether they could schedule service work online. Of those who knew, only about a third have ever done so.

Upside-down buyers' next moves vary by brand

Levels of negative equity vary by brand. So do buyers' actions when they discover that they owe more on their trade-in than it's worth, an informal survey found.

Penske Automotive raises dividend -- again

UPDATED: 5/10/17 4:25 pm - adds stock close

Penske Automotive Group has raised its dividend by a penny -- again -- to 31 cents a share.

Asbury hires CFO with experience in diverse industries

Asbury Automotive has gone outside the auto industry to fill its vacant CFO post.

Denso, Aisin Seiki profits rise on higher volumes

Higher production volumes lifted Denso and Aisin Seiki to higher profits in the fiscal year just ended despite currency headwinds, the two Japanese parts suppliers said.

Lenders are shifting. Keep up.

Early first-quarter data show that lenders aren't as full-throttle on auto loans as before. It behooves F&I managers to keep close tabs on who's pulling back.

Customers keen on off-peak hours

Customers are willing to be flexible about when they come in for service, DealerRater survey finds.

Why Einhorn's ploy to discredit credit rating agencies falls flat

Greenlight Capital's David Einhorn thinks S&P and other ratings agencies are staffed by cretins. I disagree.

Penske, Elway given Horatio Alger honors

Auto retailers Roger Penske and John Elway were among 11 individual recipients of the 2017 Horatio Alger Awards.

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