What Does the Dealership Do With My Traded-In Car?
You’ve finally picked out the new car you’ve wanted at the dealership. Now you’re signing the papers to trade in your current car for this newer vehicle you’ve been eyeing. Once you get that money for your trade-in and hand ov.....»»
Holman to acquire Leith Automotive Group
The deal, slated to close by the end of the first quarter, would follow another large dealership group consolidation. Asbury Automotive Group Inc. bought Jim Koons Automotive Cos. in December......»»
NCM Associates acquires dealership training company Kain Automotive
Kain Automotive's acquisition by Kansas City, Mo., dealership consulting company NCM Associates puts its employees in a position to have "more impact for a broader spectrum of dealers," owner David Kain said......»»
Fired finance manager files federal whistleblower lawsuit against Chicago-area dealership
A fired finance manager who was assaulted by a co-worker on the job has alleged employees of a suburban Chicago dealership engaged in forgery, sexual harassment and other wrongdoing......»»
VinFast opens first U.S. dealership with Leith Automotive Group in N.C.
The Vietnamese EV maker's first franchised store opened in late December in Cary, N.C., marking the first step toward a national dealer network. The company sells direct to consumers in California, its first U.S. market......»»
Former Lincoln marketing boss Doug Gilmour switches careers, becomes Ford dealer
Over the last 13 years, Gilmour held several positions at Ford Motor Co., in customer service and sales, including leading Lincoln's nationwide incentive programs and approving dealership buy-sells......»»
Feldman Automotive, Todd Blue among dealership buyers in Q3 and Q4 transactions
A buyer purchased her first dealership, Feldman Automotive entered a new state, and former luxury dealership group founder Todd Blue returned to automotive retail,all in third- and fourth-quarter transactions......»»
ChatGPT pranksters challenge dealership chatbots
Fullpath's ChatGPT-driven customer platforms were inundated at some dealerships with prank requests for coffee recipes, haiku and more......»»
Average dealership pretax profit down nearly 20% through Q3
The Presidio Group debuted a new quarterly report that includes dealership financial data gleaned from a partnership with NCM Associates......»»
Auto dealership veteran Robert Potamkin dies at 77
The automotive dealership veteran was also a dedicated philanthropist......»»
Ford dealership opens private restaurant with Michelin-starred chef
Sarasota Ford, which also has an 11-seat movie theater and a relaxation room with massaging chairs, brought in an award-winning chef to help build customer loyalty......»»
Asbury closer to 2025 $32B revenue goal with Jim Koons megadeal
National car dealership group Asbury Automotive bought more than $3 billion of the $6.9 billion from acquisitions it needs to reach its 2025 target......»»
Asbury Automotive completes $1.2B Jim Koons acquisition
The Koons group reported $3.2 billion in revenue and sales of 26,188 new vehicles in 2022, ranking it No. 23 on ' list of the top 150 dealership groups based in the U.S. Asbury ranked No. 5 on the list, retailing 151,179 new vehicles last year......»»
Cantin: Amazon partnership may boost Hyundai dealership popularity
Dave Cantin thinks the Hyundai-Amazon partnership benefits the automaker, dealers and consumers......»»
Q3, Q4 dealership sales include Ken Ganley, David Rosenberg
Ken Ganley and David Rosenberg were among buyers closing deals across four states......»»
Fla. service customer lawsuit alleges shoddy repairs, tow damage
A service customer sued a Florida Mercedes-Benz dealership alleging his car was not properly repaired despite multiple efforts and was damaged after being towed to the store under the manufacturer's roadside assistance program. Reginald Powell filed.....»»
Former Coyle Chevrolet manager accused of embezzling more than $200,000
Former Coyle Automotive Group manager Jon Blakely was arrested Dec. 1 on suspicion of embezzling more than $200,000 in company funds from Clarksville, Ind., car dealership Coyle Chevrolet-Buick-GMC, the Indiana State Police said......»»
Calif. dealership liable for fatal accident caused by salesman
A Ventura, Calif., dealership remains on the hook for a $4 million jury verdict arising from a fatal accident caused by a sales manager who was rushing to the store on his day off to close a deal. The California Courts of Appeals unanimously rejected.....»»
Apple regains its $3 trillion valuation despite analysts doubts
Apple is the most valuable publicly traded company in the US, and its valuation has again exceeded $3 trillion, even as financial analysts have been concerned about sales for the iPhone 15 range.In January 2022, Apple became the first company to reac.....»»
Former Hyundai dealership employee sentenced to 3 years in prison for shooting
Andrew Mach was charged with two counts of felonious assault after he shot a customer in the upper leg......»»
I traded the best gaming monitor for something totally different
The Alienware 34 QD-OLED is widely considered the best gaming monitor you can buy, but I traded mine away for something completely different......»»