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.....»»
Car dealerships sold include Kia, Infiniti, VW, Ford, Hyundai, Mazda
Two of the largest privately owned U.S. auto retailers expanded with second- and third-quarter acquisitions, while a pair of Northeast dealership groups also grew in existing markets......»»
Asbury in discussions to buy Jim Koons group
Asbury Automotive Group Inc. said it is "in discussions" to buy a top 25 dealership group, Jim Koons Automotive Cos. Jim Koons has 20 new-vehicle locations and one used-only store and generated $3.2 billion in revenue in 2022......»»
Castle Automotive continues Chicago-area dealership expansion
Castle Automotive of suburban Chicago continued its growth in the region with the purchase of three dealerships representing four brands......»»
Judge: Mitsubishi within its rights to terminate N.Y. dealership
Brooklyn Mitsubishi had paid more than $800,000 in fines and restitution after pleading guilty to nearly 8,000 consumer protection violations in the sale of used vehicles......»»
Car Pros Automotive Group buys Los Angeles BMW and Mini dealerships
Car Pros Automotive Group now has a luxury dealership in its portfolio thanks to its first acquisition in nearly four years......»»
Nissan sues former New Mexico dealership
The automaker claims in a federal suit that the terminated dealership won't let Nissan workers remove signage and continues to sell used vehicles out of the location......»»
Kia, Hyundai, Genesis, VW, Ford and Audi dealerships sell across 4 states
A pair of Canadian auto retailers, as well as two large Midwest dealership groups, expanded with deals across Michigan, Ohio, Texas and New York......»»
Arizona dealership executive dies following scooter crash on store property
Andrew Kimmerle, business manager at Sanderson Ford in Glendale, Ariz., was riding an electric scooter on the dealership's lot on Aug. 15 when he collided with a pickup......»»
Consumer Financial Protection Bureau: Unfair for lender to keep excess interest on ‘power-booked" auto loan
The Consumer Financial Protection Bureau has told at least one auto lender to stop keeping excess amounts collected from borrowers in situations where a car dealership has been caught inflating vehicle value by reporting nonexistent features, a pract.....»»
Anderson Automotive buys 7 South Carolina car dealerships
North Carolina's Anderson Automotive Group, which bought five South Carolina dealerships in a January purchase, returned to South Carolina to make its latest multi-dealership acquisition......»»
Former North Carolina Ford dealership employee accused of embezzlement
The former employee posted bond and is scheduled back in court next month, according to authorities......»»
Former Red Rock GMC finance director arrested for identity theft
Former finance manager allegedly impersonated a dealership customer seeking financing during a phone call to a credit union.....»»
North Carolina Nissan dealership employees face more than 400 criminal charges
The misdemeanor charges primarily stem from alleged rebuilt salvage vehicles that were offered for sale at Nissan of Shelby in North Carolina and the documentation used to transfer their titles......»»
DMS provider Tekion lays off "small percentage" of work force
The dealership management system company makes "organizational adjustments" as economic conditions evolve......»»
DMS provider Tekion lays off "small percentage" of workforce
The dealership management system company makes "organizational adjustments" as economic conditions evolve......»»
Kia, Toyota, BMW, Acura and Hyundai-Genesis stores change hands in Q1, Q2 deals
Three growing dealership groups and megadealer Terry Taylor expanded their footprints with acquisitions representing Kia, Toyota, BMW, Acura and Hyundai-Genesis stores......»»
CDK debuts megaplatform meant to streamline dealership software needs
CDK Dealership Xperience incorporates the company's core dealership management system and many other software platforms and tools......»»
Towering dealership landmark is toppled
A 26-foot statue that had been a San Antonio landmark since the 1960s was felled by Hyundai's dealership standards......»»
AutoCanada Q2 net income rises 16% to $45 million
AutoCanada Executive Chairman Paul Antony credited improving new-car inventories, greater internal efficiency readying used vehicles for resale and the “robust performance” of dealership service departments for the strong results......»»
Stellantis dealership in California doubles down on leadership team
Bob Nouri credits the co-general managers idea to his mentor who used it back in the 1970s......»»