As part of a reported recall of more than 1.6 million vehicles worldwide, Toyota Motor Sales USA announced plans to conduct a voluntary safety recall of approximately 423,000 Lexus vehicles for an issue with the fuel-delivery system. Included in the U.S. campaign are: — Lexus LS from the 2007 through 2010 model years — Lexus […] [Read More]

With the launch of the company’s “No Surprises” initiative, TrueCar Certified Dealers must now share “upfront information” on any non-governmental fees in the transaction — like document fees — as well as the costs for any accessories they add on to the vehicle. These fees and costs must now go alongside the Guarantee Savings off […] [Read More]

The board of directors for the National Automobile Dealers Association has elected its 2015 chairman. Chosen for the post during the board’s annual meeting in Scottsdale, Ariz., is Bill Fox, who is currently NADA’s vice chairman and also represents New York’s franchised dealers on NADA’s board.  He is a partner in Fox Dealerships, which includes […] [Read More]

When Tesla confirmed rumors of a new certified program last week, it was evident the company had given some thought to sourcing the new program. The automaker is giving Tesla Model S owners the option to return the car after three years and recover 45 to 50 percent of its sticker price. And with the first […] [Read More]

Chrysler Group is voluntarily recalling more than 180,000 SUVs globally for a problem with a component that manages restraint-system deployment — a similar issue that prompted Ford to recall more than 850,000 units last month. On Tuesday, Chrysler estimated that 184,215 vehicles are included in its campaign, including 126,772 U.S.-market vehicles. An estimated 8,106 are […] [Read More]

If Alabama football coach Nick Saban has any extra time from running the Crimson Tide, he can check to see how his pair of luxury brand dealerships are doing. Two dealerships previously owned by Crown Automobile recently were sold to a partnership including Saban and the chief executive officer of Dream Motor Group, Joe Agresti. These […] [Read More]

Used- and new-vehicle sales are rising, and the latest survey data from the National Automobile Dealers Association and Ally Financial showed dealers continue to increase their level of giving to charitable causes. In fact, more than 70 percent of franchised dealers surveyed in September said they increased their charitable giving so far in 2014, up […] [Read More]

In addition to announcing the acquisition of a Nissan store in California late last week, Lithia Motors shared a sneak peek Monday of what its third-quarter results might entail, including some projected used-car numbers. According to preliminary results, Lithia increased its used retail same-store sales by 13 percent during Q3. However, there was some pressure […] [Read More]

Tesla’s new certified pre-owned program will definitely serve to make the Model S accessible to more shoppers, but one question remains. Will the certified move bring the automaker more buyers? The first of the Model S vehicles sold are nearing three-years old, and with Tesla’s recently launched consumer lease program as well as the option […] [Read More]

In an expansion to their existing partnership in the certified pre-owned space, Carfax will be including all Ford- and Lincoln-brand CPO vehicles on its Carfax Used Car Listings website. Ford will continue to provide free Carfax Vehicle History Reports on all of its Ford and Lincoln CPO vehicles, requiring that all Ford/Lincoln certified rides have […] [Read More]