One industry observer classified Alan Mulally as “the man who saved Ford.” Now it’s up to Mark Fields to keep the Blue Oval on an upward track. As was reportedly to be in the works, Ford announced Thursday that Mulally has decided to retire from the company July 1, and Fields will be named Ford […] [Read More]

The New Jersey Auto Retailers Unite campaign is a one-of-a-kind partnership between The Valerie Fund and franchised dealerships in the Garden State to raise money and awareness of The Valerie Fund and highlight the charity work these stores do in communities throughout New Jersey. To date, 129 dealerships have raised nearly $250,000 as part of […] [Read More]

It’s been a rough week for certain areas in the Midwest and Southeast because of horrific weather, but the National Automotive Dealers Association is pledging to help. Dealership employees in Alabama, Arkansas, Iowa, Mississippi, Oklahoma and Tennessee who have been affected by the recent tornados are eligible to receive financial assistance from the Emergency Relief […] [Read More]

As was widely reported to begin this week, Toyota confirmed that it is establishing a new headquarters in Plano, Texas, for its North American operations in a move designed to better serve customers and position the automaker for sustainable, long-term growth. Within the next three years, officials explained Toyota’s three separate North American headquarters for […] [Read More]

Group 1 Automotive announced a first this week, namely the addition of Mercedes-Benz to the company’s offerings in the Lone Star State. The acquisition of Alex Rodriguez Mercedes-Benz in League City, Texas, a suburb of Houston, marks the first time Group 1 will provide Mercedes vehicles and service to its existing customer base of franchises […] [Read More]

Vehicle transportation company MetroGistics has named its director of strategic accounts. Now responsible for maintaining relationships with key customer accounts, as well as growing MetroGistics’ customer portfolio, is Adam Laura.  “Having Adam onboard to help develop and grow our strategic account portfolio will be a great addition to our sales team,” said Scott Naz, managing […] [Read More]

As wholesale prices begin to come down, pre-owned retail prices ticked up this month after remaining relatively consistent for most of the first quarter. But some of the pricier units bucked the trend, making up nine out of the top 10 vehicles that saw the biggest price drops in April. According to a recent post […] [Read More]

As Earth Day rolled around last week, analysts took a look at the fast-growing hybrid and electric vehicle segments, which have become increasingly popular given how more and more consumers are focusing on environmental sustainability while looking for their next vehicle. While Experian Automotive looked at the financial factors behind why a consumer chooses to […] [Read More]

Despite storms in the U.S. that threw a monkey wrench into its operations in early 2014, Group 1 Automotive still managed to increase its global used-car retail sales by nearly 16 percent in the first quarter and boost its U.S. numbers by nearly 8 percent. When looking at consolidated international and U.S. results, Group 1 […] [Read More]

Two other publicly traded dealer groups are well on their way to rolling out special stand-alone stores that only sell used vehicles. Lithia Motors tried that retail concept about seven years ago, and company executives don’t appear eager to attempt it again. When investment analysts asked Lithia leadership whether an approach like the respective concepts […] [Read More]