Kia Motors America on Thursday announced the appointments of three leaders to executive vice president positions. KMA President and chief executive officer Byung Mo Ahn said that receiving the promotions were Tom Loveless, Michael Sprague and John Yoon. The automaker went on to stress the impact each has had in their respective areas of management […] [Read More]

Close to 200 dealers and managers registered for this week’s Auto Remarketing Training Series Webinar to gather information on critical Web-oriented topics in session lasting less than an hour. Now dealers everywhere can learn the details about the unique reach of Kelley Blue Book’s vehicle listings on its shopping website, how Carfax’s new service drive […] [Read More]

As the company projected in quarterly reports, CarMax officially opened its first store in Franklin, Tenn., this week. The newest CarMax location is situated at 4075 Mallory Lane and includes a showroom consisting of more than 32,481 square feet on 8.42 acres. The company is employing more than 50 associates and stocking 250 to 350 […] [Read More]

NCM Associates on Wednesday announced the addition of three industry veterans to the company, in roles serving NCM’s retail automotive clients. Joining the company as retail coaches in NCM’s Retail Operations Consulting division are Larry Beasley and Richard Ackman. Beasley comes to NCM from Asbury Automotive Group, where he served as pre-owned process director since […] [Read More]

This week, Experian Automotive chose to extend its relationship with the National Independent Automotive Dealers Association by sponsoring its National Member Benefit Program. As a sponsor of the program, officials highlighted that  Experian Automotive provides NIADA members with access to insight that can enable them to better understand the market, the vehicles and consumers. “Interpreting […] [Read More]

As the National Automobile Dealers Association issued two new bulletins geared to help store staff respond to consumer questions on safety and fuel economy, it also shared news of the Federal Trade Commission’s announcement of an enforcement action against and a proposed settlement agreement with a Georgia franchised dealer. According to FTC officials, Franklin’s Budget […] [Read More]

The average franchised dealer pulled in total revenue last year that was more than 12 percent stronger than 2010, with pre-tax net profits soaring nearly 24 percent. That’s according to the NADA Data 2012 report issued Monday, which the National Automobile Dealers Association put out as its annual state-of-the-industry look at dealer financial trends. [Read More]

Sirius XM Radio and Penske Automotive Group Inc. announced Tuesday that they have expanded their partnership to include pre-owned vehicles. The deal will be available to Penske Automotive customers who purchase any pre-owned vehicle with a factory-equipped satellite radio, through 154 franchises at 119 dealerships located across the United States. Rob Kurnick, president of Penske […] [Read More]

In an effort to involve the community, as well as ramp up its social media presence, one dealership is thinking outside the of the box. To ring in the summer, Stoops Buick GMC is holding a community scavenger hunt on Saturday, that will last throughout the day. The Plainfield, Ind., dealership will be awarding cash […] [Read More]

This week marks the launch of two new Dealer 20 Groups, part of a 10-group addition for franchised auto dealers announced Monday by NCM Associates. Launching Thursday and Friday is a Kia 20 Group, which will conduct its organizational meeting, moderated by Jeff Bethel, at NCM Associates’ headquarters here. Getting under way the same days […] [Read More]