John Staluppi, CEO of Atlantic Auto Group, paid $2.1 million for the first fifth-generation Supra at a recent auction benefiting the American Heart Association and military families.
If the forecasts are right, this will be the second time in three years that the U.S. industry fails to record a single monthly increase from January through June.
Dealers featured this week include Joe Bob Kinsel Jr., chairman of Kinsel Ford-Lincoln in Beaumont, Texas, and Craig Kinsel, president; and Hunter Hale, COO of Gunn Acura in San Antonio
Automakers there say the shift to digital sales is in response to customer demand. Dealers are gearing up for the change.
Automakers will pump about $225 billion into electrification over the next four years, and another $85 billion in autonomous driving technology through 2025, says Alix Partners.
CDK's advertising segment took a hit this year when it lost its status as exclusive preferred website provider and manager for Chevrolet, Buick and GMC dealers.
CDK's advertising segment took a hit this year when it lost its status as exclusive preferred website provider and manager for Chevrolet, Buick and GMC dealers.
Morgan Hill police identified 59-year-old Brian Light and 38-year-old Xavier Souto as those killed, calling Light's actions "nothing short of heroic."
Morgan Hill police identified 59-year-old Brian Light and 38-year-old Xavier Souto as those killed, calling Light's actions "nothing short of heroic."
The number of light vehicles in operation in the U.S., driven by quality gains and additional technology, hit a record 278 million, an increase of more than 5.9 million, or 2.2 percent, since 2018, IHS Markit said.
Subscribers to CDK Global's Hailer application have the option to offer Lyft rides free of charge or at a cost automatically added to the customer's service bill.
Lance Iserman will take the top spot at Morrie's on Monday. He replaces interim CEO Ken Czubay, a former Ford Motor Co. executive, who will remain a board adviser to Morrie's.
Much of the drop was in the segment where credit unions typically show the most strength — used-vehicle financing.
A contractor who was in the store during the shooting told a local TV station that one of the victims had just fired the apparent suspect, who was not leaving the building.
A contractor who was in the store during the shooting told a local TV station that one of the victims had just fired the apparent suspect, who was not leaving the building.
Finding inventory at prices below $10,000 is a challenge for dealers because the vehicles that should have aged into that price point were never sold.
Bart Reagor says in a video released by a Houston consulting firm that he had no idea rampant floorplanning fraud was occurring beneath him at his now-bankrupt Texas dealership group.
BMW's effort to shore up dealer profitability for its Mini brand is not going over well with some U.S. retailers. Just ask David Peterson, past chairman of the dealer council, whose store has closed.
Authorities believe a large shipment of methamphetamine found in Ford vehicles in December and January was the result of a logistical mistake by the smugglers.
BMW's effort to shore up dealer profitability for its Mini brand is not going over well with some U.S. retailers. Just ask David Peterson, past chairman of the dealer council, whose store has closed.
Jack Maxton Chevrolet in Ohio stages a summer Friday night car show that helps the dealership find new customers and retain existing ones.
The bankrupt dealership group's former finance chief faces up to 20 years in prison and a $250,000 fine. It's unclear if others will be charged, but court documents note "co-conspirators."
75 with Ford
Chip Miller, right, president of Miller Ford-Lincoln in Lumberton, N.J., Mark Miller, left, and Melissa Miller Troyanovich, vice presidents, receive a 75-year award for Ford from Steve Randall, Ford Motor Co. Philadelphia regional manager.
Fiat may be struggling, but an Austin, Texas, dealer is standing firmly behind the brand, saying dealers "need to remember why this brand is fun, exciting, young and cool and really commit to that."
Competition continues to heat up in the online used-vehicle market, and brick-and-mortar dealers must adapt.
CarMax plans to expand its omnichannel sales capability to North Carolina and Virginia this summer and open a second customer-experience center in late July.
Genesis is finally seeing light at the end of the tunnel after its efforts to establish a dealer body that's separate from the Hyundai brand's.
Drones, beacons and devices that plug into OBD-II ports are part of the next wave of technology being used to track the sea of vehicles on Manheim and ADESA auction lots.
CarMax retailed 224,268 used vehicles, a 13 percent spike, during its first quarter. Same-store used-vehicle sales rose 9.5 percent compared with a dip of 2.3 percent in the year-ago period.
President Donald Trump praised Roger Penske's racing achievements. Last month, Penske became the most decorated racing owner.
A statement from the California Attorney General's Office said inspections "revealed that AutoZone allowed its customers to deposit hazardous automotive fluids and other waste items into regular trash containers in AutoZone stores' parking lots throughout California."
Hyundai dealer Nav Bhatia, one of the Toronto Raptors's biggest fans was the grand marshal in the team's NBA Championship parade. Bhatia uses his front-row fame to build basketball courts for youths and bring people together.
Major auto lenders late last year reported an overwhelming influx of complaints from customers reporting identity theft. The claims, however, were fraudulent and part of a widespread scheme to prompt auto lenders to remove legitimate trade lines from those customers' credit reports-- a practice known as credit washing or credit repair fraud.
The changes expand Shift's financing officers to cater to customers across the credit spectrum.
Police say roughly 400 pounds of meth were prevented from circulating in Canada when staff at Ford dealerships across Ontario and Quebec began noticing ill-fitting spare tires packed with drugs inside the trunks of vehicles shipped from Mexico.
Police say roughly 400 pounds of meth were prevented from circulating in Canada when staff at Ford dealerships across Ontario and Quebec began noticing ill-fitting spare tires packed with drugs inside the trucks of vehicles shipped from Mexico.
Social Security, driver's license and credit card numbers were siphoned out of a DMS provider's directories associated with five dealership clients in 2016. One legal expert says the settlement with the FTC may mark a sea change.
A mobility fleet servicing center that opened last week in Atlanta could be a template for expansion by Cox Automotive's new mobility brand, Pivet.
Under Aaron Zeigler, who was just 28 when he took over as president, Zeigler Auto Group has grown into a major Midwestern auto retailer by making a big push into the Chicago area.
Service departments at new-vehicle dealerships are swimming in big data. Shops use the information that multiple vendors provide about customers and their vehicles to help boost profits, enhance retention and improve fixed ops efficiency.
But service operations that don't marshal information technology effectively risk drowning in data instead. Failure to "tame the IT monster," as a popular ad campaign portrays, can waste the money dealerships spend on software products, disrupt shop productivity and drive away annoyed customers.
That's why innovations such as a new effort by Hunter Engineering and Dealer-FX to integrate the data they provide service departments are so vital. Dealers need to keep encouraging suppliers, as happened here, to ensure their products are fully compatible with technology from other vendors.
Hunter makes inspection equipment such as Quick Check, Quick Check Drive and Quick Tread. When customers enter a dealership's service drive, these systems automatically measure vehicles' tire tread, wheel alignment and battery life, enabling service advisers to share the results instantly and propose needed maintenance, repairs and parts such as new tires.
Dealer-FX sells the ONE Platform, which manages the service process from vehicle check-in, to preparation of a repair order for a shop technician, to customers' drive-away and the next scheduled visit. A digital dashboard allows advisers to call up and record data about a vehicle on a tablet computer while they conduct a walkaround inspection with the customer.
Now the companies are putting the chocolate and peanut butter together, so to speak. The 500 or so U.S. dealerships that are customers of both the ONE Platform and Hunter equipment will get Hunter inspection data added automatically to the Dealer-FX system. They won't pay extra for that integration.
Dealership service departments are using text messages to get customers to opt in for access to coupons and other sales promotions.
Fiat Chrysler expects the new Jeep Gladiator pickup to be the most heavily accessorized vehicle in the automaker's lineup. That's good news for Jeep dealerships and FCA's Mopar parts division.
