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Jamie LaReau

Retail / Finance & Insurance reporter
Address: 1155 Gratiot Ave.
48207-2997 Detroit, Mich.
Follow: Twitter Jamie LaReau RSS feed
Phone: 313-446-1637
E-Mail: jlareau@crain.com
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Recent authored articles

Teaching the auto retail titans

The auto retail legends of today discuss the individuals who mentored them, and how that has prompted them to do likewise for the next generation.

Free services boost customer-pay work

UPDATED: 5/7/18 2:16 pm ET - corrected

Mercedes-Benz of Draper's VIP Card gives customers free services such as flat-tire repair or even renewal of state vehicle registrations to bring them back more often.

Public groups adjust plans for selling used

Sonic Automotive and Group 1 Automotive are expanding their used-vehicle plans, even as AutoNation pauses its used-only store plans to evaluate results so far.

Dealer offers extravagant automotive tour through Europe for top customers

UPDATED: 5/7/18 11:55 am ET - corrected

Manhattan Motorcars' top customers will get the automotive tour of a lifetime in Europe. For Brian Miller, it's all part of doing business as an uber-luxury dealer.

In the stratosphere of the superrich, buying a car is about the experience

Selling high-line luxury cars to the superrich is not your father's car business: Price is less important, while the experience is everything.

Lithia Q1 net rises 2.6 percent

Lithia Motors' first-quarter net grew on strong service and parts and finance results, despite a drop in new-vehicle sales and narrowing gross profit margins.

Dealers want a piece of the auto subscription action, too

Some dealers are offering subscription programs to ensure the retailers remain relevant as automakers also experiment with the business model.

Dealers fixate on costs

Dealers are increasingly cutting costs across the board this year to offset narrowing margins, rising expenses and a potential economic downturn.

Flexdrive: Independent dealers get tools to build subscription revenue

Momentum Motorcars in Atlanta serves as a role model to franchise dealers on how to do subscription selling.

FlexWheels: Ready-made dealer platform

Warren Henry Auto Group started a subscription program that's inspiring the group to develop an operational platform to help other dealers run subscription models.

Flow Automotive's three keys to profiting from subscriptions

Dealer Don Flow had tried to come up with a way to let customers swap vehicles frequently; the advent of vehicle subscription services now makes it possible -- and profitable for him.

Drive Germain: 'This is a time-saving service'

Germain Automotive Group is in the subscription car business to attract new customers, drive revenue and prepare for a changing future.

Ken Garff's pioneering partnership breaks up

Ken Garff Automotive, a pioneer in private equity partnerships, will buy Garcadia Auto and its interest in 28 dealerships from Leucadia National.

American dealership group Lithia wants stores across U.S., in Canada

Lithia Motors dealership group wants to be in all regions of the United States and eventually Canada as it gains scale for a changing future. The group has been shopping in Canada for two to three years.

Video meetings boost profits

John Eagle Auto Group in Dallas holds monthly video conferences to help F&I staff brainstorm ways to improve profits at its 12 Texas dealerships.

Lithia wants stores across U.S., in Canada

Lithia Motors wants to be in all regions of the U.S. and eventually cross the border to Canada as it gains scale for a changing future.

Subaru dealers promised product to drive sales

Subaru of America leaders promised to give the brand's dealers the products, marketing and inventory to increase their per-store sales and profitability.

Innovators will be winners in retailing revolution, panelists say

Dealers need to study data, enable digital purchasing and prepare for a day when consumers want transportation options beyond personal car ownership, panelists said.

Empire builder, mystery man

Terry Taylor, a private but skillful operator, owns more dealerships than anyone else in the country — and probably the world.

Buy-sell market poised to rebound, advisers say

Advisers cite the benefits from federal tax-law changes, dealers' desire to grow in scale and stable dealership profits.

Subaru: More dealers will sell 1,000 vehicles per year

Subaru of America pledged to deliver the right product, in the right volume and strong marketing to help half of the dealer body sell at least 1,000 vehicles a year.

Get ready for the retailing revolution

Dealers need to study data, enable digital purchasing and prepare for a day when consumers want transportation options beyond personal car ownership, panelists said.

MAZDA: Positioned for sales growth, better profits

Mazda dealers in the U.S. are positioned to see sales growth and improved profits, dealer council chairman Jim Bagan said.

AutoCanada buys Chicago dealership group

UPDATED: 3/22/18 4:06 pm ET - adds details

AutoCanada, Canada's only publicly traded auto retailer, is buying most of the Grossinger Auto Group in Chicago, giving it a foothold in the United States -- with plans for more growth.

Retailers push back on flashy redos

Sonic Automotive will resist automakers' demands for grandiose improvements of its new-car dealerships, and it's not alone in pushing back against those demands.


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