Lasco Ford was already the brand’s No. 2-ranked dealer for certified pre-owned sales, but general manager Matt Lasco told Auto Remarketing that with the revamped CPO programs the automaker is rolling out today, his store can see certified sales growing by 20 percent. With both the Ford/Mercury and Lincoln certified programs receiving upgrades, CPO executives […] [Read More]

Experian Automotive launched Wednesday a new program for dealers that the company says aims to provide more information for dealers and insights into “the market, the vehicles and the people who buy them.” New vehicle history program AutoCheck Elite is designed to enable dealers to make better inventory and marketing decisions, drive the right customers […] [Read More]

Based on the 2011 financial performance, Sergio Marchionne believes Chrysler’s “house is in good order,” as the automaker turned a net loss of more than a half billion in 2010 into a profitable year. The chairman and chief executive officer declared Wednesday that Chrysler generated preliminary net income of $183 million for the full year, […] [Read More]

One nominee had a modest start in the car business, pumping gas and fixing tires at age 10. Two others started at stores first opened by the grandfathers. In the next group of profiles of nominees for TIME Dealer of the Year Award, these store executives all share what’s important to them — in and […] [Read More]

Two men took their training from the U.S. Army and leveraged it into success at dealerships. Meanwhile, two women followed in family footsteps to take over rooftops. In the next group of profiles of nominees for TIME Dealer of the Year Award, these store executives all share what’s important to them — in and out […] [Read More]

By implementing its “Our Town, Our Heroes” program, General Motors hopes to honor, recognize and reward local heroes across Illinois who are driving positive change in their communities. Just who are these local heroes? GM officials noted that teachers, coaches, veterans, parents, friends and everyone in between who inspire others and drive positive change will […] [Read More]

CarMark Certified Pre-Owned, a leading third-party vehicle certification program, recently announced that it is expanding its offerings in order to provide more flexibility for its dealer base. The CarMark Certified program originally included two types of limited warranty — a 72-month/100,000-mile powertrain limited warranty for vehicles with less than 60,000 miles at the time of […] [Read More]

While two nominees came up through the ranks at family-owned stores, another one first worked as an OEM’s analyst before sliding over to the showroom. In the next group of profiles of nominees for TIME Dealer of the Year Award, these store executives all share what’s important to them — in and out of the […] [Read More]

Group 1 Automotive has brought its BMW franchise count to 13 with the recent purchase of Hilton Head BMW in Bluffton, S.C. Officials projected the store’s annual revenues to be $45 million. “Hilton Head BMW is our 13th BMW franchise in the United States and will complement Group 1’s existing Audi, BMW and Toyota dealerships […] [Read More]

Dealer satisfaction with their respective manufacturers continued to climb this past year, according to the National Automobile Dealers Association’s latest Dealer Attitude Survey. This is especially apparent among the foreign OEMS. The survey — conducted twice a year — measures dealers’ attitudes in what NADA sees as three key areas: “franchise value, automaker policy decisions […] [Read More]