Leasing rates are at an all-time post-recession high, approaching 30-percent penetration of all vehicles bought in 2013. This article speaks to what the industry and dealerships are doing to attract women toward leasing. Much has happened to almost double the leasing rates from just five years ago. This exponential growth is attributed to the sum […] [Read More]

International automotive retailer Group 1 Automotive Inc., on Tuesday announced its acquisition of dealerships in the Lone Star State. Group 1 has taken ownership of Moritz BMW/MINI and Moritz Cadillac in Arlington, Texas, which is located in the greater Dallas/Fort Worth metropolitan area.  The dealerships, which will operate as BMW of Arlington, MINI of Arlington, […] [Read More]

Since re-tooling its certified pre-owned program in early 2012, the strides Ford has made in CPO sales have been as rapid as they have been steep. In the first three quarters of 2013, the automaker sold 170,397 certified vehicles, which was nearly a 33-percent improvement over the same period of 2012. That’s quite an impressive […] [Read More]

Chrysler Group LLC announced Monday a series of changes affecting its leadership team. Effective immediately, the company has a new president and chief executive officer of the Chrysler Brand. Chosen for the position is Al Gardner, who was most recently director of Chrysler Group’s Southeast Business Center. Gardner replaces Saad Chehab, who is now chief […] [Read More]

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David Baker, Mercedes-Benz of Albuquerque, Albuquerque, N.M. Of his automotive career, nominee Baker said, “It is most rewarding to help others find joy in purchasing and maintaining their vehicles, while helping employees provide for their families and contributing to charity along the way.” Baker is a 1987 graduate of Alba-Golden High School in Alba, Texas. […] [Read More]

In an informational booklet on Galpin Motors’ website titled “Why Go Galpin,” front-and-center on one particular page is a quote from the late President Ronald Reagan. The 40th president of the United States was describing the qualities he saw in Bert Boeckmann, the owner of what’s now a double-digit-franchise family of dealerships in southern California. […] [Read More]

CarMark Certified, a warranty program that provides CPO warranties to all vehicle brands, based in Cary, N.C., will be administered nationally by NAC (National Auto Care) of Westerville, Ohio, beginning Jan. 1. The partnership was announced today jointly by the two companies. The CarMark Certified brand is owned by POADA LLC and was launched in […] [Read More]

Last week, AutoTrader.com released results of a survey that shows new vehicle buyers are more likely to contact, and purchase from, dealers who advertise prices below the Manufacturers Suggested Retail Price (MSRP) in their online listings. Specifically, the survey shows that new vehicles priced below MSRP get 34 percent more page views than those with […] [Read More]

The National Highway Traffic Safety Administration said Chrysler Group is recalling a total of 91,559 Jeep Grand Cherokee vehicles from the 2014 model year. Due to a disruption of computer communications and loose alternator ground wires, NHTSA indicated the affected vehicles may experience random illumination of multiple instrument cluster warning lights, loss of cluster illumination […] [Read More]