N.H. dealer reacquires Nissan dealership
Key Auto Group, of Portsmouth, N.H., which last month acquired two dealerships, sold a Nissan store last week to another dealer in the state......»»
Ex-NFL wide receiver Kevin Johnson buys Ford car dealership
Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»
Asbury not the only company to battle the FTC instead of settle, attorney says
Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»
Asbury denies FTC allegations, outlines internal processes in new filing
Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal answer denying the Federal Trade Commission's allegations against the national dealership group......»»
Daily 5 report for Sept. 6: Sales reports, dealer sentiment give Fed good reason to cut interest rates
The bottom line, as sales stagnate and inventories rise, is that automakers and their customers need interest rates to come down soon......»»
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»
Toyota, Nissan, Mazda, Subaru bolster EV battery plans with aid from Japan
EV laggards Toyota, Mazda, Subaru and Nissan up their game with massive new investment in next-generation battery production, backed by government subsidies, as Japan races to catch up to global rivals......»»
Toyota dealer gathering to focus on partnership, products, says brand head Dave Christ
Toyota dealers will gather for their national dealer meeting in Las Vegas on Sept. 10-11 to discuss the Japanese brand's upcoming products and strategy, while dealers may want to question the brand about a spate of embarrassing recalls......»»
Column: Digital retailing transformation means some will lose, disappear as efficiencies grow
St. Charles Toyota is all in on Toyota's SmartPath digital retailing system, and it's transforming the dealership's relations with outside vendors......»»
New breed of used-car dealer caters to the fast and furious generation
Legal imports of 25-year-old cars from Japan and Europe have grown from fewer than 300 in 2009 to around 20,000 per year. A new breed of used-car dealer is catering to the fast and furious generation......»»
Insurance companies sue Honda, N.Y. dealership to recoup payout from Pilot fire
Three insurance companies are suing American Honda Motor and a New York dealership to recoup more than $1 million they paid for damages caused when a service customer's parked vehicle caught fire......»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»
Ford dealer waives $20,000 repair bill for lawn-mowing charity
Anderson Ford in Lincoln, Neb., responded when it heard that Rodney Smith's van broke down while he was delivering free lawn mowers to teenagers around the country......»»
Man indicted on first-degree murder charge in death of Fla. dealership co-worker
Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»
Daily 5 report for Sept. 3: Which scandal had more impact? Fugitive Carlos Ghosn or cheating VW?
With auto industry scandals, the ex-Nissan chairman's escape from Japan is top of mind. Now, ex-CEO Martin Winterkorn is on trial over VW's emissions cheating......»»
Stellantis changes Jeep N.A. chief after 9 months
Ram brand executive Bob Broderdorf succeeds Bill Peffer as head of Jeep in North America, while Peffer replaces Phil Langley as head of dealer network development......»»
Nissan Armada redesign includes off-road variant, possibility of hybrid
The redesigned flagship SUV delivers more power while dropping its V-8 engine, and executives said they're examining the use of Nissan's e-Power system in the future......»»
Fla. dealership employee indicted on first-degree murder charge in death of co-worker
Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»
Fla. dealership employee indicted for first-degree murder in death of co-worker
Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»
Celebrity group"s 4 dealerships sue CDK over cyberattack
Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»
GM"s BrightDrop electric vans to become Chevrolet models
GM's BrightDrop electric vans will become Chevrolet models, the idea being to leverage Chevy's larger dealership network......»»