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Feldman buys car dealership that battled back after Chrysler bankruptcy

Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1.  Feldman now owns.....»»

Category: topSource:  autonewsAug 8th, 2024

Toyota, Lexus top Consumer Reports" reliability rankings for used cars

At the bottom of Consumer Reports' rankings were Tesla, Dodge and Chrysler......»»

Category: topSource:  autonewsRelated NewsAug 27th, 2024

The My Best Buy Plus membership essentially pays for itself after a few buys

If you shop at Best Buy you should consider subscribing to a My Best Buy Plus or Total membership for free two-day shipping, extra discounts, and more......»»

Category: topSource:  digitaltrendsRelated NewsAug 26th, 2024

Judge upholds $350,000 award against Michigan dealership for wrongful repossession

A federal judge upheld a $350,000 punitive damages award against a Michigan dealership in a spot delivery and wrongful repossession case......»»

Category: topSource:  autonewsRelated NewsAug 24th, 2024

Service tip: Use each customer"s data during phone calls to ensure meaningful engagement

Service-to-sales phone calls are a crucial touchpoint in any dealership's customer engagement strategy, says Kurt Philippsen, dealer relations manager at automotiveMastermind......»»

Category: topSource:  autonewsRelated NewsAug 21st, 2024

CEO of failing hospital chain got $250M amid patient deaths, layoffs, bankruptcy

Steward Health Care System, run by CEO Ralph de la Torre, filed for bankruptcy in May. Enlarge / Hospital staff and community members held a protest in front of Carney Hospital in Boston on August 5 as Steward has announced it.....»»

Category: topSource:  arstechnicaRelated NewsAug 20th, 2024

2 FTC commissioners call dealership discrimination claim by agency an overreach

The Coulter Motor Co. case saw further debate among the Federal Trade Commission over the validity of the agency bringing discrimination claims using the FTC Act's unfair practices language......»»

Category: topSource:  autonewsRelated NewsAug 20th, 2024

CDK Global to pay $100 million to settle dealership antitrust suit

The proposed settlement, which requires a judge's approval, avoids a planned September trial. It does not affect other pending litigation against CDK......»»

Category: topSource:  autonewsRelated NewsAug 19th, 2024

Average dealership pretax profit slipped 33% in the first half of 2024, report says

The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines......»»

Category: topSource:  autonewsRelated NewsAug 19th, 2024

Asbury Automotive sells Chevy store, Escude Automotive buys two S.C. stores

Publicly held Asbury Automotive Group sold another dealership, while Anderson Automotive Group also shed two stores......»»

Category: topSource:  autonewsRelated NewsAug 16th, 2024

Why dealership volumes at auctions are ‘No. 1 concern"

The role of AI and the potential impact of the presidential election also were among topics discussed by National Auto Auction Association leadership at Manheim Detroit......»»

Category: topSource:  autonewsRelated NewsAug 15th, 2024

Holman invests in FM Capital; both will boost auto tech deals

Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»

Category: topSource:  autonewsRelated NewsAug 14th, 2024

Private equity firm buys auto retail ID check, remote notary provider Mavsign

Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities said......»»

Category: topSource:  autonewsRelated NewsAug 13th, 2024

Nissan dealership profits tank amid U.S. sales struggles

The average Nissan dealership earned 70 percent less in the first half of the year than in 2023, with more than a third of stores losing money, according to data obtained by Automotive News......»»

Category: topSource:  autonewsRelated NewsAug 13th, 2024

EU firefighters to join as Greece battles blaze

Greece battled a massive wildfire near Athens for a third day on Tuesday, with hundreds of European firefighters due to join the effort to contain the deadly blaze that has scorched parts of the capital's suburbs......»»

Category: topSource:  physorgRelated NewsAug 13th, 2024

Dealership not on the hook for customer"s repairs done at independent shop, tribunal rules

A British Columbia dealership group isn't obligated to cover the parts, labor and towing costs for a service customer who had repairs done at an independent shop, the province's Civil Resolution Tribunal has ruled......»»

Category: topSource:  autonewsRelated NewsAug 13th, 2024

Dealership yanks Utah State coaches" free cars

Murdock Auto Team ended its sponsorship of Utah State athletics after the school fired its head football coach and others in connection with a domestic violence case......»»

Category: topSource:  autonewsRelated NewsAug 12th, 2024

3-store dealership group Pillar streamlines accounts receivable with software

Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»

Category: topSource:  autonewsRelated NewsAug 12th, 2024

3-store dealership group Pillar streamlined accounts receivable with software

Shifting to a software-based process helped the small Ohio and Pennsylvania car dealership group Pillar Automotive streamline accounting staff and strengthen oversight......»»

Category: topSource:  autonewsRelated NewsAug 10th, 2024

Still-churning remnants of Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles

Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»

Category: topSource:  autonewsRelated NewsAug 9th, 2024

Still-churning Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles

Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the storm, General Manager Chris Selfani said......»»

Category: topSource:  autonewsRelated NewsAug 9th, 2024