Do the math on this one: Bourne’s Auto Center is stocking less and selling more. Previously, the number of used retail units that the store kept in its inventory was in the high 300s, said general manager Michael Kelley. This year, the Boston-area independent dealer has reduced that number to around 312. However, its used […] [Read More]

The 2015 National Automobile Dealers Association Convention & Expo, which will be hosted in San Francisco from Jan. 22 through Jan. 25, announced a few prominant keynote speakers on Monday, including Jeb Bush, Jay Leno and Beck Weathers. The NADA convention, in its 16th time in San Francisco since 1948, will have its first keynote […] [Read More]

On Monday, Ally Financial and TIME opened the nomination period for the 2015 TIME Dealer of the Year program, which has incorporated a new strategy to determine who will be in the running for the honor. The process kicked off at the annual Automotive Trade Association Executives (ATAE) Summer Conference in Laguna Niguel, Calif. This […] [Read More]

When it comes to the private retail industry — ranging from clothing and specialty foods to grocery stores and gas stations — used-car dealerships lead the pack for sales growth and profitability. That’s according to financial information company Sageworks, who reported sales growth and profitability among used-car dealerships is higher than for all privately held […] [Read More]

FordDirect announced late last week the promotion of three of its employees to senior vice president status. The three former vice presidents — James Casazza, John Gottschalk and Marianne Tappy — have been moved up to their senior-level positions after many collective years working in the automotive industry. Stacey Coopes, the chief executive officer of […] [Read More]

At the halfway mark for 2014, we’ve seen some interesting developments in the vehicle transport industry. Here’s a quick breakdown from both the haulaway (truck) and rail perspectives. Truck Driver Safety In industry language, a “haulaway” is a truck designed for the transportation of automobiles. As safety is of primary importance to transport providers, we […] [Read More]

The analysts at CarGurus announced last last week the list of U.S. cities with the highest and lowest used-car prices. An East/West trend emerged from the study, with the top-10 most affordable cities being near the East Coast, and the most expensive spread westward. Miami tops the list of most affordable cities to purchase a […] [Read More]

Chrysler Group announced Friday a recall of approximately 895,000 SUVs due to potentially improper wiring to vanity mirrors and/or headliners. The vehicles affected, certain 2011-2014 Jeep Grand Cherokees and Dodge Durangos that have previously had their vanity mirror and/or headliners serviced, may have been reassembled unsafely by the dealer and may be prone to short-circuiting […] [Read More]

General Motors has revealed its choice for the new president of Cadillac. Chosen for the position is Johan de Nysschen, who previously held executive positions with Audi and Infiniti. In fact, it was announced on Friday morning that de Nysschen resigned as Nissan Motor Co.'s head of its Infiniti luxury line after two years — a few […] [Read More]

Southeast Toyota Distributors announced this week the new hire of a vice president of sales operations. Appointed to the newly created role is Billy Hayes, former vice president of global zero emissions vehicles for Nissan in Japan. As the VP of sales operations, Hayes will oversee the field sales and training departments. Ed Sheehy, the […] [Read More]