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.....»»
CDK ‘fit and focus" strategy continues with massive employee outsourcing plan
The dealership management system giant plans to contract out certain key functions to Genpact, which will employ many of CDK's affected employees......»»
2 of 6 publics see same-store F&I profit per vehicle fall in Q4, but results remain strong
Some executives at publicly traded franchised dealership groups said the prospect of rising interest rates could affect their finance-and-insurance business in 2023......»»
End of the road for Cal Worthington stores
The family of car dealer Cal Worthington, one of automotive retail's most famous pitchmen, has sold the last dealership bearing his name......»»
Seeking submissions for dealership list
If your dealership group would like to be counted among the 2023 Top 150 Dealership Groups operating in the U.S., please complete a survey by March 10......»»
Nominate a retailer making a difference
If you know someone under age 40 who is making a big impact at a new-car dealership in the U.S., we want to know. Self-nominations are welcome......»»
Experts: GM aims to ward off a surplus of trucks
GM's plan to idle its full-size pickup factory in Indiana next month suggests the automaker is trying to avoid returning to days of stockpiling vehicles on dealership lots, analysts say......»»
U.S. dealership count grew for 2nd year in a row, annual franchise report says
The number of U.S. franchised dealerships rose slightly in 2022, marking the second straight year of increases, according to an Urban Science report......»»
Lithia Motors" Q4 net income falls as quarterly, full-year revenues climb
The dealership group's revenue and vehicle sales increased for both the quarter and full-year 2022 as it continued to add stores through acquisitions......»»
Family-owned Texas dealership group buys Toyota, Honda, GM, Stellantis stores with New Mexico purchase
Casa Auto Group's third generation of family leadership takes the company across state lines for the first time in decades with the purchase of four stores in New Mexico......»»
It"s not sci-fi: Hawaiian dealership group lets robots do the data-entry work
Servco Pacific uses robotic process automation, or RPA, to perform repetitive data-entry tasks for dealership employees, which reduces manual errors and frees them to perform higher-value tasks — and focus more sharply on customers......»»
Lithia Motors sells Detroit-area dealership, expands in Canada
Lithia Motors' activity on both sides of the dealership buy-sell market continued with a fourth-quarter store sale and a February acquisition......»»
Volkswagen recalls almost 21,000 ID.4s for software fix
New software fixes the battery management and pulse inverter control modules. Enlarge / Early VW ID.4s will need to visit a dealership for a software update. (credit: Jonathan Gitlin) Volkswagen is the latest OEM to issu.....»»
Shift Technologies sheds East Coast stores
The retailer said its store leases, inventory and related assets in Richmond, Va.; Charlottesville, Va.; and Tampa, Fla., will "be assumed by a local dealership group." It did not disclose the name of the group......»»
Taiwan-based listed electronics firms record US$953 billion in total 2022 sales
All firms with considerable business scales in Taiwan's electronics industry are publicly traded. When they release their tentative annual financial indicators, we can already grasp the growth momentum of the industry, as well as the interactions bet.....»»
Sedans still have future at Honda as rivals bail on segment
The automaker expects production to increase this year but that inventory will continue moving quickly off dealership lots......»»
Van Tuyl on the hunt ‘in 13 states" for dealerships
Larry Van Tuyl pointed to the footprint of his former company, Van Tuyl Group, as to where he's looking for additional dealership acquisitions......»»
Martin Management Group expands in 3 states in 3 separate acquisitions
Martin Management Group grew its dealership counts in California, Ohio and West Virginia with three separate 2022 acquisitions......»»
Tech tools help dealers put people first
A modern dealership should put people first and keep customer needs paramount, and technology tools can help store leaders get there......»»
Ex-dealership worker says in gender discrimination suit he was harassed, belittled by female supervisors
Feldman Chevrolet in suburban Detroit faces allegations that management failed to act on a former business development center employee's complaint......»»
Tennessee dealership finance manager charged with theft
A finance manager at Chuck Hutton Chevrolet in Memphis, Tenn., has been accused of pocketing cash payments from customers......»»