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NADA Convention and Expo |
KEITH CRAIN
Nobody has clout like NADA's
12:01 am U.S. ET | Feb. 13, 2012
Once again this year, the National Automobile Dealers Association put on a convention that was full of great things. The No. 1 topic of conversation during the convention -- and one that will continue throughout the year -- was the challenge of dealership-improvement programs.... Read More » Comments [0] | Recommendations [0]
Sticks and carrots: Why furor over facilities won't go away
12:01 am U.S. ET | Feb. 13, 2012
Martin NeSmith personifies the boiling point over manufacturer facility programs. NeSmith just built a Chevrolet-Buick-GMC store in Jesup, Ga., spending an extra $500,000 to comply with General Motors' Essential Brand Elements program. But with hefty volume-based payouts for complying and a shrinking dealer margin, he figures he had little choice.... Read More »
NADA CONVENTION
NADA chief: Fuel rules will shrink market
12:01 am U.S. ET | Feb. 13, 2012
The proposal to increase federal fuel economy standards to 54.5 mpg by 2025 threatens to price millions of consumers out of the market, the 2012 chairman of the National Automobile Dealers Association said.... Read More »
NADA CONVENTION
Marchionne thanks dealers, demands more from them
12:01 am U.S. ET | Feb. 13, 2012
Chrysler-Fiat CEO Sergio Marchionne struck a conciliatory tone with dealers here last week. He thanked them for Chrysler Group's success and acknowledged that automakers no longer had the power to dictate terms to their retailing partners.... Read More »
NADA MAKE MEETINGS
Buick: Loaners boost sales
12:01 am U.S. ET | Feb. 13, 2012
General Motors wants Buick-GMC dealers to offer courtesy loaner vehicles and is considering new advertising standards as ways to move the brands up the premium scale, executives told dealers at the make meeting. GM is gunning for about 15 percent sales growth this year for both Buick and GMC, according to several dealers who attended the make meeting.... Read More »
NADA MAKE MEETINGS
Ford to help dealers renovate
12:01 am U.S. ET | Feb. 13, 2012
Ford brand unveiled its Facilities of the Future program to dealers at the make meeting. Ford will offer dealers financial help to improve their stores in line with Ford's Trustmark Design standard. Ford was to have sent letters to dealers last week with details.... Read More »
NADA MAKE MEETINGS
Toyota refilling dealer stocks
12:01 am U.S. ET | Feb. 13, 2012
After months of inventory shortages triggered by last year's earthquake, Toyota dealers should return to full volumes within a few weeks. Carl Swope, chairman of the Toyota National Dealer Advisory Council, said competitors have "misread" Toyota capacity levels stemming from parts shortages.... Read More »
NADA MAKE MEETINGS
Chevrolet targets 13% sales gain
12:01 am U.S. ET | Feb. 13, 2012
General Motors, seeking to gain market share this year, is gunning for a 13 percent U.S. sales increase for Chevrolet. GM expects Chevrolet to increase its market share in 2012, executives told dealers at the make meeting. Last year Chevrolet's U.S. sales rose 14 percent.... Read More »
Acura aims for 180,000 sales in '12
12:01 am U.S. ET | Feb. 13, 2012
After a year in which their sales were limited by a devastating earthquake in Japan, Acura dealers were told here that production of Acura vehicles is back to normal and the distribution pipeline should be full by March. But Acura has ambitious goals for sales and customer satisfaction in the coming year that will require dealers' involvement.... Read More »
NADA MAKE MEETINGS
Mercedes aims for 6% rise in sales
12:01 am U.S. ET | Feb. 13, 2012
Mercedes-Benz USA executives didn't attend the make meeting, leaving their top manager in the western region to field dealer questions. With a change in CEO and the naming of two new vice presidents to fill vacancies, Mercedes-Benz is saving details of the new management team's plans for its April dealer meeting in Chicago.... Read More »
NADA MAKE MEETINGS
Cadillac sees retail sales rising, less fleet business
12:01 am U.S. ET | Feb. 13, 2012
General Motors is seeking to increase Cadillac's retail sales about 13 percent this year as it prepares for its busiest product-launch schedule in many years. Cadillac executives have set a 156,000-unit U.S. retail sales target for this year, executives told dealers at the make meeting. That would be up about 13 percent from Cadillac's retail sales in 2011.... Read More »
NADA MAKE MEETINGS
Kia dealers expect 100,000 more units
12:01 am U.S. ET | Feb. 13, 2012
Kia pledged to get its U.S. dealers 100,000 more units this year than last year to keep up the brand's momentum. An extra 100,000 sales would be about a 20 percent gain for Kia in 2012. The brand sold 485,492 vehicles in 2011, up 36 percent over the previous year.... Read More »
NADA MAKE MEETINGS
Mazda will boost marketing 25%
12:01 am U.S. ET | Feb. 13, 2012
Mazda North American Operations will use the launch of its Skyactiv powertrain technology and the arrival of the new CX-5 crossover as the impetus to boost its marketing spending by 25 percent this year, executives told dealers at the make meeting.... Read More »
NADA MAKE MEETINGS
Nissan goal for 2012: 1.1 million
12:01 am U.S. ET | Feb. 13, 2012
Nissan was the only major Japanese automaker whose U.S. sales were not hurt significantly by the March 11 earthquake. Now it is looking to add to its 2011 momentum with a 16 percent increase to 1.1 million units for the brand this year, executives told dealers at the make meeting. Nissan Division last broke the million-unit mark in 2006.... Read More »
NADA MAKE MEETINGS
BMW dealers told bonuses are safe
12:01 am U.S. ET | Feb. 13, 2012
For dealers attending the BMW make meeting, it was all about listening to the new CEO talk about improving communications -- and assuring them no bonus programs will be cut. It was the calmest dealer meeting BMW has had in three or four years, said Damon Shelly, owner of Irvine BMW and Irvine Mini in Irvine, Calif., and Shelly BMW in Buena Park, Calif.... Read More »
NADA MAKE MEETINGS
Suzuki plans to refresh its lineup
12:01 am U.S. ET | Feb. 13, 2012
Suzuki dealers need a refreshed product lineup and consistent supplies if they are to hit the automaker's goals of increasing sales in the United States by 20 percent in 2012, dealers were told during their make meeting.... Read More »
NADA MAKE MEETINGS
Chrysler dealers cheer Eastwood's pep talk
12:01 am U.S. ET | Feb. 13, 2012
Chrysler Group dealers received a special early preview of the automaker's two-minute "Halftime in America" Super Bowl commercial during their make meeting. They predicted that the commercial, starring actor-director Clint Eastwood, might not move the metal but would do much to increase brand awareness.... Read More »
NADA MAKE MEETINGS
Audi wants to join CSI elite
12:01 am U.S. ET | Feb. 13, 2012
Audi of America COO Mark Del Rosso challenged dealers here to keep making store and process improvements to raise Audi's customer satisfaction scores into the top three among luxury brands. Audi placed 10th last year among luxury carmakers on J.D. Power and Associates' U.S. Customer Service Index. The top three were Lexus, Jaguar and Cadillac.... Read More »
NADA MAKE MEETINGS
Infiniti bumps ad budget, offers local-area choices
12:01 am U.S. ET | Feb. 13, 2012
Infiniti will spend more on advertising and give dealers a new menu of TV commercials for local markets, dealers were told at the make meeting. Also, the brand will broadcast numerous commercials for its new JX crossover during the NCAA basketball tournament in March.... Read More »
NADA MAKE MEETINGS
Lincoln's product show won't snub small stores
12:01 am U.S. ET | Feb. 13, 2012
Lincoln will invite all its dealers to a Lincoln product show in Detroit in November, executives told dealers at the make meeting. That will be in sharp contrast to a meeting last month, to which only the owners of the roughly 325 Lincoln dealerships in the top 130 luxury markets were invited.... Read More »
NADA MAKE MEETINGS
Allocation system, SUV shortages rile Land Rover dealers
12:01 am U.S. ET | Feb. 13, 2012
Dealers at the Land Rover meeting said vehicle allocation and balanced supply throughout the year are their biggest concerns, prompted in part by shortages of the new Range Rover Evoque compact SUV. The factory can't immediately resolve supply issues, executives said.... Read More »
NADA MAKE MEETINGS
Saab parts flow is top priority, dealers told
12:01 am U.S. ET | Feb. 13, 2012
Tim Colbeck, president of Saab Cars North America, told about 25 dealers at the make meeting that the automaker will not contest a move by dealers to force it into Chapter 11 bankruptcy. "We're not going to fight the bankruptcy," Colbeck said. "Our No. 1 priority right now is insuring the flow of parts to North America."... Read More »
NADA MAKE MEETINGS
Porsche will review store capacity
12:01 am U.S. ET | Feb. 13, 2012
Porsche Cars North America starts a four-city tour this month to talk with dealers about how they'll handle the coming wave of new products and whether they need to expand and modernize. Beginning Feb. 20, Porsche executives will visit dealers for one-on-one sessions to discuss store targets and facility plans, said COO Michael Bartsch.... Read More »
NADA MAKE MEETINGS
Volvo forms finance arm; dealers cheer
12:01 am U.S. ET | Feb. 13, 2012
Volvo Cars of North America delighted dealers by announcing at the make meeting the launch of a captive finance arm with services beginning this year. A captive will increase sales, boost leasing rates and improve customer retention, Volvo executives say.... Read More »
NADA MAKE MEETINGS
Honda is fixing inventories now, the Civic in the fall
12:01 am U.S. ET | Feb. 13, 2012
Honda will bring out a significant midcycle change to the Civic compact this fall, just 18 months after it was launched, executives said at the make meeting. The rapid change will arrive at about the same time as a redesigned Accord and is part of Honda's plan to increase sales by 24 percent this year.... Read More »
NADA MAKE MEETINGS
VW raises output for U.S., seeks more sales per store
12:01 am U.S. ET | Feb. 13, 2012
Volkswagen plans to crank up production specifically for the United States 50 percent this year, executives told dealers at the make meeting. VW brand aims to boost U.S. sales about 45 percent, or by about 150,000 vehicles, in 2012, dealers at the meeting said. Last year VW brand's U.S. sales rose 26 percent to 324,402.... Read More »
NADA MAKE MEETINGS
Subaru boosts output, will target Sun Belt
12:01 am U.S. ET | Feb. 13, 2012
Subaru inventories will be high enough to meet or exceed the brand's U.S. sales goal of 320,000 vehicles, executives told dealers at the make meeting. Subaru is increasing production. Initially it will target allocation of vehicles to dealers in the Sun Belt states, where the automaker would like to boost sales, said Tom Doll, Subaru of America Inc.'s COO.... Read More »
NADA MAKE MEETINGS
Mitsubishi predicts 100,000 sales by 2014
12:01 am U.S. ET | Feb. 13, 2012
Mitsubishi Motors North America executives laid out plans to increase sales to 100,000 by 2014, said dealers who attended the make meeting. In an interview after the meeting, Yoichi Yokozawa, president of the North American unit, said the company also is on target to introduce its plug-in hybrid SUV in 2013, but said the vehicle's name has not been decided.... Read More »
NADA MAKE MEETINGS
More cars for Hyundai stores in '12
12:01 am U.S. ET | Feb. 13, 2012
Three factors could bring more vehicles to hungry U.S. Hyundai dealers in 2012: new and redesigned models, manufacturing efficiency and a soft European market.... Read More »
NADA MAKE MEETINGS
Jaguar dealers applaud new U.S. ads, better Web site
12:01 am U.S. ET | Feb. 13, 2012
Jaguar's new marketing campaign and U.S. Web site are driving more customers into showrooms, dealers said after their meeting. "Everybody recognizes that over the years there has been a lack of attention to the brand. The new ownership is addressing it.... Read More »
NADA CONVENTION
NADA's U.S. sales forecast is 'toward the top of the heap'
12:01 am U.S. ET | Feb. 13, 2012
NADA is bullish on 2012, forecasting that U.S. light-vehicle sales could hit 13.95 million this year. Paul Taylor, NADA's chief economist, said several factors are helping to drive more showroom traffic, including stabilizing housing prices, pent-up demand among car buyers and a milder than anticipated recession in Europe.... Read More »
NADA CONVENTION
Batey: Chevrolet lures younger customers
12:01 am U.S. ET | Feb. 13, 2012
Chevrolet is bringing in younger customers and luring buyers from non-General Motors brands, says Alan Batey, 49, vice president of sales and service. He says that will help dealers overcome a dearth of leasees coming back into the market.... Read More »
NADA CONVENTION
New AIADA chairman: We must prepare for battle
12:01 am U.S. ET | Feb. 13, 2012
AIADA Chairman Ray Mungenast isn't as confident as others that 2012 will be a smooth year for manufacturers.... Read More »
NADA CONVENTION
Asbury CEO Monaghan: 'The industry is back'
12:01 am U.S. ET | Feb. 13, 2012
Craig Monaghan smiles a lot these days. The CEO of Duluth, Ga.'s Asbury Automotive Group Inc., the sixth-largest dealership group in the country, sees rising auto sales, a recovering economy and growing profits for dealers. "The industry is back," Monaghan, 54, said during the convention.... Read More »
NADA CONVENTION
AutoTrader assembles car-shopping powerhouse
12:01 am U.S. ET | Feb. 13, 2012
AutoTrader.com Inc. CEO Chip Perry has rapidly created a car-shopping behemoth. It helps 30 million consumers research vehicles every month and helps dealers sell to those consumers. Recently, AutoTrader acquired Kelley Blue Book, HomeNet Automotive, vAuto and VinSolutions, and is integrating and bundling their software and communications systems.... Read More »
Retailer: 8 projects, many challenges
12:01 am U.S. ET | Feb. 13, 2012
Ron Redfern attended the NADA convention to spend money -- lots of it. His company, Summit Automotive Partners of Centennial, Colo., is spending $25 million during the next year to build or renovate eight dealerships.... Read More »
Dealers bullish on U.S. sales outlook, survey says
1:12 pm U.S. ET | Feb. 10, 2012
More than 75 percent of dealers expect their sales to increase by 10 percent or more this year, according to a survey released this week by Ally Financial.... Read More »
NADA's Underriner: 54.5 mpg fuel-economy proposal threatens sales
7:15 am U.S. ET | Feb. 7, 2012
The proposal to increase federal fuel economy standards to 54.5 mpg by 2025 threatens to price millions of consumers out of the market, the incoming chairman of the National Automobile Dealers Association said Monday.... Read More »
Bush defends GM, Chrysler loans
10:17 pm U.S. ET | Feb. 6, 2012
Former President George W. Bush on Monday defended approving the bridge loans that kept General Motors and Chrysler Group alive during the 2008 U.S. financial crisis.... Read More »
Foreign automakers brace for battles as U.S. election looms
6:26 pm U.S. ET | Feb. 6, 2012
AIADA Chairman Ray Mungenast isn't as confident as others that 2012 will be a smooth year for manufacturers -- at least not in Washington.... Read More »
Saab dealers eye parts firm, press GM to cover warranties
7:32 pm U.S. ET | Feb. 6, 2012
About 25 dealers met with Saab Cars North America Monday to discuss the formation of a parts distribution company and the disposal of 2,200 new cars remaining in Saab's dealer inventory. The remaining Saab dealers are also asking General Motors to cover warranty repairs for 2010 and 2011 models.... Read More »
Nissan division aims for 1.1M U.S. sales in 2012, up 16%
6:55 pm U.S. ET | Feb. 6, 2012
Nissan Division, the one major Japanese brand whose sales were not greatly affected by the March earthquake, is looking to add to its 2011 momentum with a 16 percent increase in volume to 1.1 million units this year, executives told dealers today at the make meeting during the National Automobile Dealers Association convention here.... Read More »
KEITH CRAIN
NADA: Not a lot to argue about
12:01 am U.S. ET | Feb. 6, 2012
In years past, National Automobile Dealers Association conventions have been a battleground over all sorts of issues. With most businesses slowly recovering from the financial disasters of the past few years, this year's NADA convention has seemed a lot less contentious.... Read More »
Farley: Ford dealers had 'most profitable year ever' in 2011
8:35 pm U.S. ET | Feb. 5, 2012
Ford Motor dealers racked up record profits in 2011, said Jim Farley, Ford's vice president of global marketing, sales and service.... Read More »
Honda pulls forward major changes to Civic to this fall
7:09 pm U.S. ET | Feb. 5, 2012
Honda will bring out a significant mid-cycle change to its embattled Civic compact this fall, just 18 months after it launched, a high-ranking executive told dealers here.... Read More »
Subaru promises adequate inventories
9:58 pm U.S. ET | Feb. 5, 2012
Subaru of America reassured dealers today that inventory will not be a problem in the future and that it will meet or exceed its U.S. sales goal of 320,000.... Read More »
JASON STEIN
The sizzling debate: Will renovation boost profits?
9:17 pm U.S. ET | Feb. 5, 2012
There's a car dealer in Michigan who has a dilemma: Some time ago the dealer made extensive renovations to his store. New fireplace, new tile, new paint scheme. The factory says anything older than five years needs a renovation.... Read More »
Mazda marketing gets 25% bump in 2012
6:36 pm U.S. ET | Feb. 5, 2012
Mazda North American Operations will use the launch of its Skyactiv powertrain technology and the arrival of the new CX-5 crossover as the impetus to boost marketing spending by 25 percent this year, executives told dealers.... Read More »
Kia dealers will get 100,000 more units
7:26 pm U.S. ET | Feb. 5, 2012
Kia promised dealers 100,000 more units this year than last year in an effort to keep up the brand's momentum. “It's a work in progress, but that's our goal,” said Tom Loveless, vice president of sales for Kia Motors America.... Read More »
Chrysler dealers stirred by Eastwood's Super Bowl pitch
6:50 pm U.S. ET | Feb. 5, 2012
A packed room of Chrysler Group dealers were described as “visibly emotional” and “misty-eyed” after watching a preview of the automaker's two-minute Super Bowl commercial Sunday morning during their make meeting led, unexpectedly, by Chrysler-Fiat CEO Sergio Marchionne.... Read More »
NADA will meet with automakers on renovation study
8:54 pm U.S. ET | Feb. 5, 2012
Officials from the National Automobile Dealers Association will meet with automakers to discuss the results of its long-awaited study on dealership renovation programs, but NADA has yet to decide on other steps, said outgoing Chairman Stephen Wade.... Read More »
GM: Chevy should gain market share in ’12
8:20 pm U.S. ET | Feb. 5, 2012
General Motors expects Chevrolet to gain market share for the second straight year as the brand rolls out a redesigned Malibu and other fresh entries. GM also told dealers it will launch a $349 lease promotion on the Chevy Volt this week in a bid to revive the plug-in hybrid’s sales.... Read More »
M-B opts to unveil strategy in April
7:46 pm U.S. ET | Feb. 5, 2012
Mercedes-Benz USA is riding high, even though it didn't win the 2011 U.S. luxury sales crown, and will unveil its new management team's strategy April 9-10 at a dealer meeting in Chicago. Steve Cannon, 50, who took the helm as CEO on Jan.... Read More »
Volvo establishes captive finance arm
4:30 pm U.S. ET | Feb. 5, 2012
Volvo Cars of North America is launching a captive finance arm, and services will begin this year. Bank of America will provide funding for Volvo Car Financial Services' financing products.... Read More »
Super fan
9:25 pm U.S. ET | Feb. 5, 2012
Dealer Dan Leahy of Boston Volvo cheers on the New England Patriots during the first half of the Super Bowl. Leahy watched the game Sunday at the Volvo reception at La Cave in the Wynn Las Vegas Hotel.... Read More »
Mazda merriment
8:47 pm U.S. ET | Feb. 5, 2012
Mazda's Jim O'Sullivan, left, chats with dealers Thomas Carey of Ramsey Mazda in Des Moines, Iowa, center, and Mike Hollingsworth of Hollingsworth Richards Mazda in Baton Rouge, La., during the Mazda reception Saturday in the Bellagio Las Vegas Tower Ballrooms.... Read More »
Question of the day
6:47 pm U.S. ET | Feb. 5, 2012
What have you learned at the convention?... Read More »
Asbury's Monaghan: 'The industry is back'
7:47 pm U.S. ET | Feb. 5, 2012
Craig Monaghan smiles a lot these days. The CEO of Duluth, Ga.'s Asbury Automotive Group Inc., the sixth-largest dealership group in the country, sees rising auto sales, a recovering economy and growing profits for dealers. "The industry is back," Monaghan said here Saturday. He spoke with Staff Reporter Amy Wilson.... Read More »
Winners are walking the exhibit floor
7:47 pm U.S. ET | Feb. 5, 2012
Who doesn't like winning stuff? Or getting it free when you buy a product or service that you need or were going to purchase anyway? Electronic gadgets, gift cards, a giant toolbox, even a motorcycle are among the prizes up for grabs if you're a dealer walking the exhibit floor at the NADA convention.... Read More »
Mitsubishi: 25% sales gain by '14
8:32 pm U.S. ET | Feb. 5, 2012
The president of Mitsubishi Motor Sales North America says the company is on target to introduce its first plug-in hybrid SUV in 2013, but said the name isn't certain. "We haven't decided to call it an Outlander or something else," Yoichi Yokozawa, said after the Mitsubishi make meeting Sunday.... Read More »
Autobytel: Better sales climate makes groups hungry for leads
8:31 pm U.S. ET | Feb. 5, 2012
A growing appetite for online leads has prompted large dealership groups to lift self-imposed caps they had on leads from Autobytel Inc., said Autobytel CEO Jeff Coats. "They'll take as many leads as we can send them" now, he said. He called it a sign of the improved sales environment.... Read More »
Tipping point
7:59 pm U.S. ET | Feb. 5, 2012
Creative Car Display Inc. of Hollywood, Fla., showed the company's Xtreme 45-degree car display, which allows dealers to display vehicles up to 12 feet high and does not require bases or anchors.... Read More »
Audi dealers are looking for another record sales year
2:00 pm U.S. ET | Feb. 5, 2012
Audi of America finished 2011 with its best U.S. sales year. But for 2012, Audi dealers are setting their sights even higher. They'll get some help with a full year of sales of the redesigned A6 and new A7, which went on sale last spring. Jack Hanania, outgoing president of the Audi National Dealer Council, spoke with Staff Reporter Christina Rogers.... Read More »
On the record
5:32 pm U.S. ET | Feb. 5, 2012
Quotes from Reid Bigland, head of U.S. sales for Chrysler Group and CEO of Dodge, and Mike Jackson, CEO of dealer marketing firm Jackson & Partners, Las Vegas... Read More »
Arizona dealer Hatch, wife killed in plane crash
2:35 pm U.S. ET | Feb. 5, 2012
Car dealer Gerald Hatch and his wife, Ruth, of Snowflake-Taylor, Ariz., were killed when their small plane crashed shortly after takeoff Saturday morning in eastern Arizona, according to an Associated Press report. Both were 66.... Read More »
Suzuki sales end sharp skid, but big questions remain
2:00 pm U.S. ET | Feb. 5, 2012
After seeing sales fall more than 75 percent from 2007 to 2010, American Suzuki Motor Corp. rebounded last year with an 11 percent sales increase. James Morrell, chairman of the Suzuki Dealer Advisory Board, says dealer profits are up and the brand has replaced poor performing dealers with people who are focused on the Suzuki brand.... Read More »
What's happening Monday
5:32 pm U.S. ET | Feb. 5, 2012
Schedule of events for Monday, Feb. 6... Read More »
Experian offers Velocity sales tool to dealers
6:31 pm U.S. ET | Feb. 5, 2012
Experian Automotive has begun selling Velocity, a Web-based program that analyzes local-market competitive data, to dealers. The program initially was pitched to automakers, and Volvo was the first to use it.... Read More »
ADP Dealer Services booth draws contingent from China
5:31 pm U.S. ET | Feb. 5, 2012
The ADP Dealer Services booth was a logical stop for a contingent of the China Automobile Dealers Association here. ADP Dealer Services provides dealer management software in China as well as North America.... Read More »
Acura dealers look forward to ample supply
2:00 pm U.S. ET | Feb. 5, 2012
Acura dealers, having weathered a troublesome 2011, head into 2012 armed with a fresh stock of inventory and eager for the arrival of two entry-level models in the spring. George D'Angelo, chairman of the Acura National Dealer Advisory Board, spoke with Staff Reporter Christina Rogers.... Read More »
With new product coming, Porsche dealers aim high
2:00 pm U.S. ET | Feb. 5, 2012
With the dark days of the 2009 recession behind them, Porsche dealers head into 2012 with renewed vigor and showrooms soon to be stocked with new arrivals, including the next-generation 911. Mike Sullivan, a member of the Porsche Board of Regents, spoke with Staff Reporter Christina Rogers.... Read More »
New products at hand, VW dealers gain momentum
2:00 pm U.S. ET | Feb. 5, 2012
Last year was a banner year for Volkswagen's U.S. dealers. Sales were up. Profitability climbed. And showrooms were busy, especially toward year end with the arrival of two redesigned staples: the mid-sized Passat and iconic Beetle. Will Trafton, chairman of the Volkswagen National Dealer Advisory Council, spoke with Staff Reporter Christina Rogers.... Read More »
For Kia dealers, 2011 'was just an all-around win'
2:00 pm U.S. ET | Feb. 5, 2012
Kia's success in 2011 made the rest of the industry look bad by comparison. Sales grew 36 percent in 2011 to 485,492 units in an industry that gained 10 percent over 2010. The brand also grabbed a 3.8 percent share of the U.S. market, up from 3.1 percent in 2010. Staff Reporter Ryan Beene spoke with Don Hobden, Kia National Dealer Council chairman.... Read More »
Smart dealers count on marketing support, new product
2:00 pm U.S. ET | Feb. 5, 2012
U.S. Smart dealers had their worst sales year in 2011, selling just 5,208 of the microcars. The challenges continue, but prospects are looking up for the Smart retailers who stuck with the brand through last year's transition of distribution rights from Penske Automotive Group to Mercedes-Benz USA. Joseph Agresta Jr.... Read More »
BEST OF BEST PRACTICES
Old sales force is history at LAcarGUY
2:00 pm U.S. ET | Feb. 5, 2012
California megadealer Mike Sullivan started phasing out the conventional sales force nearly seven years ago. Gone are the familiar price haggling, the aggressive closers, the commission on gross profit. The sales staffers at Sullivan Automotive Group's 11 new-vehicle stores, also known as the LAcarGUY Family of Dealerships, are called "brand specialists."... Read More »
Honda dealers expect bigger inventories, new products
2:00 pm U.S. ET | Feb. 5, 2012
Of all the Japanese automakers, Honda Motor Co. appears to have been the hardest hit by the March earthquake in Japan and the flooding later in the year in Thailand that severely damaged the supplier network. Yet Honda dealers were able to get through 2011 by refocusing their efforts in certified pre-owned cars and in the service drive.... Read More »
Subprime rivalry bodes well for dealers
2:00 pm U.S. ET | Feb. 5, 2012
Subprime auto lending should continue to grow in 2012. But the big percentage gains that several major subprime lenders saw in 2011 aren't likely to be repeated, and that suggests competition in the segment will intensify. It could be good news for dealers if lenders are competing harder for their business.... Read More »
Mazda expects big push from Japanese rivals this year
2:00 pm U.S. ET | Feb. 5, 2012
Mazda grew less than the overall industry in 2011, but it was a pretty good year for the brand under the circumstances. Mazda was affected less by earthquake-related inventory shortages than competitors Honda and Toyota, helping it avoid massive sales declines in the months after the March earthquake.... Read More »
Hesterberg: Level of F&I paperwork is 'ridiculous'
2:00 pm U.S. ET | Feb. 5, 2012
State and federal regulations that mandate extra paperwork on F&I transactions have reached "ridiculous" proportions, says Earl Hesterberg, CEO of the Group 1 Automotive dealership group. Exhibit A: The tougher rules for "adverse action" notices that took effect in 2011.... Read More »
BEST OF BEST PRACTICES
Top-selling Audi dealer got an early start
2:00 pm U.S. ET | Feb. 5, 2012
The top-selling Audi dealer in the United States is 23 years old -- and has been running the business since he was 19. Brett David took over Prestige Imports of Miami in 2007 after his father and automotive mentor, Irv David, died of a fourth heart attack at age 56. He almost didn't get the chance.... Read More »
BEST OF BEST PRACTICES
At last, used cars drive profits for N.Y. dealer
2:00 pm U.S. ET | Feb. 5, 2012
Suzanne Cochrane, general manager of Helms Bros. Inc. in New York, struggled for years to sell 15 used vehicles a month at the company's Mercedes-Benz dealership. Then in 2009, inspired by a factory-backed program on how to make money on used vehicles, Cochrane made substantial changes to turn the ship around.... Read More »
BEST OF BEST PRACTICES
A son's 2007 advice: Dump GM but keep Ford
2:00 pm U.S. ET | Feb. 5, 2012
Dave Wilson spent 26 years building Preston Automotive Group into an 11-brand, 10-store group. But in 2007, his 20-year-old college sophomore son came to him with an audacious suggestion: Dump Chevrolet, Buick, Pontiac and GMC. Get rid of Suzuki. Keep Mazda, Nissan and Hyundai. Focus on three stores selling Ford, Lincoln and Mercury.... Read More »
BEST OF BEST PRACTICES
Indiana dealer's ads rescue school sports, art programs
2:00 pm U.S. ET | Feb. 5, 2012
Indiana auto dealer Ray Skillman was incensed. He had heard that his local school system was so strapped for funds that it was going to charge students a fee to play football. Forget that, he decided. Instead, he tapped the advertising budget for his dealership group.... Read More »
Marchionne: Industry can hit 54.5-mpg goal
9:50 pm U.S. ET | Feb. 4, 2012
Chrysler-Fiat CEO Sergio Marchionne said Saturday that the auto industry will need to meet proposed 54.5 mpg standards by 2025, and can do so despite NADA's opposition to the proposal.... Read More »
NADA study questions value of factory-driven dealership renovations
12:00 pm U.S. ET | Feb. 4, 2012
The National Automobile Dealers Association's long-awaited study of automakers' facility-renovation mandates concludes they cost too much, produce uncertain results and matter little to shoppers.... Read More »
Time magazine honors Mike Shaw as its 2012 dealer of the year
7:32 pm U.S. ET | Feb. 4, 2012
Mike Shaw is the 2012 Time Dealer of the Year. Shaw, 65, was scheduled to receive the honor here Saturday. He is dealer principal of Mike Shaw Chevrolet-Saab in Denver and owns six other dealerships in Colorado, Louisiana and Texas.... Read More »
JASON STEIN
If NADA is the bellwether, the auto industry's back
9:46 pm U.S. ET | Feb. 4, 2012
From a standing-room-only press conference for the Factory Image Program to a concourse crowded with attendees, when the doors opened Saturday there was little doubt about the state of this convention: NADA is back.... Read More »
NADA Chairman Wade addresses 'frustration' over facilities programs
8:45 pm U.S. ET | Feb. 4, 2012
Dealers are expressing “widespread frustration” over automaker requirements that force them to spend big on renovating their facilities but with little evidence of a payback, said Stephen Wade, in his farewell address as chairman of the National Automobile Dealers Association.... Read More »
TrueCar stops offering dealer prices online
8:02 pm U.S. ET | Feb. 4, 2012
TrueCar.com, the online vehicle shopping service, has stopped offering vehicle prices from dealers and promising big discounts. TrueCar shoppers now request price quotes from local dealers after they visit the TrueCar Web site. TrueCar also eliminated its "Best Local Price" feature.... Read More »
NADA forecasts nearly 14 million U.S. sales this year
4:13 pm U.S. ET | Feb. 4, 2012
NADA presented a bullish outlook for this year, forecasting that U.S. light-vehicle sales could hit 13.95 million. Paul Taylor, NADA's chief economist, said several factors are helping to drive more showroom traffic, including stabilizing housing prices, pent-up demand among car buyers and a milder-than-anticipated recession in Europe.... Read More »
New vehicle leasing rises to 20 percent of U.S. sales in 2011
12:00 pm U.S. ET | Feb. 4, 2012
New light-vehicle leasing increased in 2011 from a year earlier, to 20 percent of U.S. retail sales, according to the Manheim 2012 Used Car Market Report. That’s one percentage point higher than in 2010, according to the annual report released today at the convention.... Read More »
Manheim: Leasing increases in '11
6:03 pm U.S. ET | Feb. 4, 2012
New light-vehicle leasing increased in 2011 from a year earlier, to 20 percent of U.S. retail sales, according to the Manheim 2012 Used Car Market Report. That's one percentage point higher than in 2010, according to the annual report released Saturday here. The figures exclude sales and leases to fleets.... Read More »
Batey: Chevy lures younger buyers
6:02 pm U.S. ET | Feb. 4, 2012
Chevrolet is bringing in younger customers and attracting buyers from non-General Motors brands, says Alan Batey, vice president of sales and service. He says that will help dealers overcome a dearth of leasees coming back into the market. He spoke here with Staff Reporter Mike Colias.... Read More »
New look
9:34 pm U.S. ET | Feb. 4, 2012
Dealers visit the Toyota Image USA II prototype facility display at the Toyota stand Saturday. About 550 of Toyota’s 1,200 stores have completed the renovation with another 120 slated for this year. Some dealers have complained that the exterior portal is too expensive.... Read More »
Ford: Lincoln dealers agree to improve stores
6:46 pm U.S. ET | Feb. 4, 2012
More than half of the Lincoln dealers in the top 130 U.S. markets have agreed to improve their dealerships, according to Ford marketing chief Jim Farley.... Read More »
Ford honors dealers
7:47 pm U.S. ET | Feb. 4, 2012
Jim Farley, left, Ford Motor Co.'s marketing chief, presents an award to Gus Machado, a Florida Ford dealer, at Ford's Salute to Dealers celebration, which honors dealers who serve their communities. Machado, 77, has supported charities that benefit schools and cancer research. His two Dade County, Fla.... Read More »
Factory reps, dealer agree on renovations -- to a point
8:16 pm U.S. ET | Feb. 4, 2012
Dealers and the factory are not far apart on the need for dealership renovations, but the semantics can be a mile wide. A panel of three automaker representatives and the outgoing NADA chairman debated factory demands for dealership improvements during the J.D. Power International Automotive Roundtable.... Read More »
Used-car prices likely to rise 2%
8:01 pm U.S. ET | Feb. 4, 2012
Used-vehicle prices will rise on average about 2 percent byyear end, with prices peaking in April, Jonathan Banks, executive automotive analyst at NADA Used Car Guide, predicts. That's on top of a 3 percent average increase in 2011, he says.... Read More »
Saab dealers plan to meet with lawyers
8:32 pm U.S. ET | Feb. 4, 2012
A group of Saab dealers will meet with lawyers Sunday before what is likely Saab's final make meeting Monday. The dealers are grappling with issues surrounding the Swedish carmaker's bankruptcy.... Read More »
Chrysler Group sales boss sees 'room to grow'
8:01 pm U.S. ET | Feb. 4, 2012
Chrysler Group's head of U.S. sales said the automaker and its dealers have "plenty of room to grow." Reid Bigland, also CEO of Dodge brand, cited Chrysler's 11.1 percent market share in 2011 as a sign of its potential. Chrysler's market share was even lower on a retail-sales basis, excluding sales to fleets.... Read More »
VW dealers' profitability, sales per store on the rise
7:31 pm U.S. ET | Feb. 4, 2012
Profitability and throughput for Volkswagen Group of America dealers are improving, despite the fact that they are selling their highest-volume vehicles at lower prices. VW Group of America CEO Jonathan Browning said that 89 percent of the roughly 600 U.S. VW dealers are profitable.... Read More »
Infiniti will create regional ad associations
2:00 pm U.S. ET | Feb. 4, 2012
David Rosenberg became an Infiniti dealer five years ago, but it was far from his first brush with auto retailing. His father, Ira Rosenberg, had been successful with two Massachusetts dealerships, Ira Oldsmobile-Toyota and Ira Lexus. David became general manager in 1990.... Read More »
Buick-GMC's focus: Better customer experience
2:00 pm U.S. ET | Feb. 4, 2012
Buick-GMC dealers pulled through a relative product drought in 2011 with respectable sales gains. Now, they're gearing up for an expanded lineup. Mike Bowsher, co-chairman of Buick-GMC's National Dealer Council, spoke with Staff Reporter Mike Colias.... Read More »
Question of the day
8:16 pm U.S. ET | Feb. 4, 2012
What is the biggest personnel issue at your dealership?... Read More »
Despite earthquake, dealers had good year
2:00 pm U.S. ET | Feb. 4, 2012
Even an earthquake and tsunami in Japan couldn't stop Subaru of America from making 2011 its third consecutive year of record sales. Kirk Schneider, chairman of the Subaru National Dealer Advisory Board, was interviewed by Staff Reporter Diana T. Kurylko.... Read More »
Council chairman: Chevrolet's a renaissance brand
2:00 pm U.S. ET | Feb. 4, 2012
New cars and customer service are the watchwords for Chevrolet dealers in 2012. Steve Hurley, co-chairman of the Chevrolet National Dealer Council, spoke with Staff Reporter Mike Colias.... Read More »
NADA foundation launches safety grant program
7:32 pm U.S. ET | Feb. 4, 2012
The National Automobile Dealers Charitable Foundation is launching a grant program to help new-car dealers start or promote road safety initiatives in their communities.... Read More »
Volvo dealer: 'We need to be out of survival mode'
2:00 pm U.S. ET | Feb. 4, 2012
After six years of declining sales, Volvo dealers saw their prospects start to turn around last year. Sales soared 25 percent to 67,240 vehicles, but the momentum came to a halt at the end of 2011 as inventory dried up. Chip Ott, chairman of the Volvo Retail Advisory Board, spoke with reporter Amy Wilson.... Read More »
Mitsubishi's core models are rockin'; next step, the i
2:00 pm U.S. ET | Feb. 4, 2012
Mitsubishi shifted into overdrive last year, posting a 42 percent sales increase from 2010. Its gains were fueled in part by fleet sales of its aging Endeavor, Galant, Eclipse and Spyder vehicles, but sales of its core Lancer, Outlander and Outlander Sport vehicles were nearly all retail.... Read More »
Dealer rep: Cadillac must stand out as GM's luxury brand
2:00 pm U.S. ET | Feb. 4, 2012
This spring, Cadillac will launch the XTS, a large, front-wheel-drive sedan that will replace the recently phased-out DTS and STS sedans. By late summer, the rear-wheel-drive ATS compact arrives with a chance to become Cadillac's volume leader within a few years.... Read More »
Toyota is 'still the best brand in the industry'
2:00 pm U.S. ET | Feb. 4, 2012
Given the recall crisis, the Japanese earthquake and tsunami, Thai floods, the strong yen and the recession, Toyota and its dealers may wonder when they are going to catch a break. Carl Swope, Toyota's new dealer advisory council chairman, spoke with Staff Reporter Mark Rechtin.... Read More »
Hyundai dealers expect tight inventory this year
2:00 pm U.S. ET | Feb. 4, 2012
Last year, Scott Fink said it was an "awesome" year to be a Hyundai dealer. After 2011, another lone adjective summed it up for Fink: "outstanding." Superlatives aside, Hyundai churned out another banner year in 2011. Scott Fink, chairman of the Hyundai National Dealer Council, spoke with Staff Reporter Ryan Beene.... Read More »
Coda startup plans a mix of dealers, mall showcases
2:00 pm U.S. ET | Feb. 4, 2012
Startup automakers have been all over the map in retail strategy, ranging from company-owned stores to franchised dealers. Now Coda Automotive of Los Angeles is setting up a hybrid of the two as it begins selling its Sedan electric vehicle. CEO Phil Murtaugh says the company wants to open 40 franchised dealerships by the end of the year.... Read More »
BEST OF BEST PRACTICES
A mall store works for a mainstream brand
2:00 pm U.S. ET | Feb. 4, 2012
After the giant Potamkin group opened a Hyundai showroom in a Sacramento shopping mall in December, it took only a month to sell enough new cars -- about 35 -- to cover the operation's small startup costs.... Read More »
THE BEST OF BEST PRACTICES
The gospel of Joe Laham: Don't dicker about price
2:00 pm U.S. ET | Feb. 4, 2012
If there were a Church of No Haggle Pricing, Joe Laham would preach from the pulpit every week. Laham, a Massachusetts dealer, believes the old way of selling cars by haggling over price is a relic of the 1950s that can't survive the age of the Internet.... Read More »
BEST OF BEST PRACTICES
Used-car manager? Maybe you don't need one
2:00 pm U.S. ET | Feb. 4, 2012
Cary Donovan says he realized five years ago that many new-car dealerships don't need used-car managers. So Donovan's employer, Sam Swope Auto Group in Louisville, Ky., eliminated the position at about half of its 15 dealerships.... Read More »
BEST OF BEST PRACTICES
After Katrina, online sales save La. dealer's 2 stores
2:00 pm U.S. ET | Feb. 4, 2012
In 2005, Hurricane Katrina left Troy Duhon's Toyota and Honda stores in New Orleans under 8 feet of water. Today, the stores are surrounded by weed-choked lots and boarded-up buildings. The two dealerships turned to Internet leads to draw customers. All salespeople now are involved in Internet sales.... Read More »
What's happening Sunday
8:02 pm U.S. ET | Feb. 4, 2012
A roundup of events for Sunday, Feb. 5... Read More »
Manheim adds auctioneer to online sales
7:32 pm U.S. ET | Feb. 4, 2012
On Saturday, Manheim unveiled a new digital auction platform that combines the offsite advantages of an online auction of used vehicles with the expertise and emotional appeal of having an auctioneer.... Read More »
Hesterberg says TrueCar.com harms dealers
5:55 pm U.S. ET | Feb. 3, 2012
Group 1 Automotive CEO Earl Hesterberg believes TrueCar.com is harmful to dealers and automakers and questions the online shopping site's value to the industry.... Read More »
Krafcik: Capacity crimps Hyundai
6:11 pm U.S. ET | Feb. 3, 2012
Hyundai Motor America, which doubled the industry's 10 percent sales gain in 2011, will not see similar gains this year, its top executive said. Because of capacity constraints at its Alabama plant, Hyundai will be fortunate to match the industry's expected 8 percent gain to 13.8 million units, said John Krafcik, CEO of Hyundai Motor America.... Read More »
Power: Demand, new models to lift sales
6:47 pm U.S. ET | Feb. 3, 2012
A wave of fresh vehicles should combine with pent-up demand to drive U.S. vehicle sales higher this year and next, J.D. Power and Associates predicts. Automakers are expected to introduce 51 new or redesigned vehicles this year, the most in at least the past five years.... Read More »
JASON STEIN
TrueCar and Taj Mahals have everyone thinking
6:48 pm U.S. ET | Feb. 3, 2012
Scott Painter probably never imagined the day when his name would share the podium with gray tile or grout. But there they were Friday -- the oddest of bedfellows.... Read More »
Marchionne: Stores must have unified look
6:47 pm U.S. ET | Feb. 3, 2012
Sergio Marchionne, CEO of Chrysler-Fiat, is one of the few auto executives who seems to make news each time he opens his mouth. He has an enviable command of the smallest details of his business and a slew of people who report directly to him as Chrysler Group continues its recovery.... Read More »
Chrysler opens 17 dealerships in California
6:31 pm U.S. ET | Feb. 3, 2012
Peter Grady, Chrysler Group's vice president for network development and fleet, says he is making progress rebuilding dealerships and sales in California. The automaker dropped many dealerships in the state in the 2009 bankruptcy. He spoke with Staff Reporter Larry P. Vellequette.... Read More »
Many hot topics fill make meeting agenda
6:46 pm U.S. ET | Feb. 3, 2012
Dealers have a lot on their minds as they prepare for their make meetings Sunday and Monday. Among the issues: dealership facility requirements, advertising strategies, North American production plans and, of course, new products.... Read More »
Dealers take steps to boost data security
6:32 pm U.S. ET | Feb. 3, 2012
As dealerships share more information with outside companies via the Internet, Houston dealer Bruce Glascock has beefed up his data security.... Read More »
Question of the day
7:02 pm U.S. ET | Feb. 3, 2012
Does your captive finance company lean on you to sell its F&I products, such as service contracts?... Read More »
Glenn Mercer: Getting to the bottom of renovations
12:01 am U.S. ET | Feb. 3, 2012
Ask auto retail experts about manufacturer-mandated store improvements and you will find no shortage of opinions, analyst Glenn Mercer said. But ask them to back their opinion with research and you'll find a shortage.... Read More »
50 dealers honored as Time award nominees
12:01 am U.S. ET | Feb. 3, 2012
Fifty auto dealers have been nominated by automotive trade associations for the 2012 Time Dealer of the Year award. The nominees were announced by Time magazine and Ally Financial, this year's sponsor. The program honors franchised new-vehicle dealers for exceptional performance in their dealerships and distinguished community service.... Read More »
What's happening Saturday?
6:48 pm U.S. ET | Feb. 3, 2012
A roundup of events for Saturday, Feb. 4... Read More »
TALKIN' FACILITIES
Industry executives weigh in on the issue
6:46 pm U.S. ET | Feb. 3, 2012
NADA will release a report this morning that it commissioned from independent analyst Glenn Mercer on whether automakers' facilities programs produce an acceptable return on investment. Ahead of the report's release, here are some industry executives' comments about the issue.... Read More »
Dealers can share all-star ideas
7:28 pm U.S. ET | Feb. 3, 2012
NADA University wants to hear from dealers who have turned their training into successful practices. Dealers may visit the NADA University booth in the main lobby of the Las Vegas Convention Center through Monday.... Read More »
Northwood pays tribute to dealers who aided education
7:26 pm U.S. ET | Feb. 3, 2012
Northwood University in Midland, Mich., will present seven Dealer Education Awards at a breakfast Sunday at Bally's Las Vegas.... Read More »
GM moves Small from fleet sales to head of U.S. dealer network
6:47 pm U.S. ET | Feb. 3, 2012
General Motors has named Brian Small general director of its U.S. dealer network. Small, 56, replaces Jim Bunnell, 56, who was named to a newly created position as head of the dealer network for GM Europe, GM said.... Read More »
Lincoln dealers upbeat about new products on horizon
12:01 am U.S. ET | Feb. 3, 2012
Lincoln dealers are cautiously hopeful that the unveiling of the Lincoln MKZ Concept car at the Detroit auto show means that Ford Motor Co. is committed to turning its lagging luxury brand around this time. Bob Tasca Jr., chairman of the Lincoln National Dealer Council, talked with Staff Reporter Bradford Wernle.... Read More »
Nissan dealer: New-product 'arsenal is absolutely full'
12:01 am U.S. ET | Feb. 3, 2012
Mike D'Amato became a Nissan dealer at what looked like a challenging moment. He opened for business as Nissan of North Olmsted, near Cleveland, in the summer of 2007, just as the industry was sliding into trouble. But D'Amato, now 50, was armed with a positive attitude. D'Amato spoke with Staff Reporter Lindsay Chappell.... Read More »
On the record
6:32 pm U.S. ET | Feb. 3, 2012
"It's the most unsexy corporate mantra ever." -- JOHN KRAFCIK, CEO of Hyundai Motor America, referring to the automaker's founding principles of "diligence, frugality and harmony"... Read More »
Ford dealers wonder: How do we top 2011?
12:01 am U.S. ET | Feb. 3, 2012
For Ford dealers, 2012 is going to be a very big year indeed. Redesigned versions of the Escape crossover and Fusion mid-sized sedan will be introduced in the second half of the year, both featuring sleek new designs and loaded with technology. Collin Sewell, chairman of the Ford National Dealer Council, talked with Staff Reporter Bradford Wernle.... Read More »
New Chrysler Group leaders regain their dealers' trust
12:01 am U.S. ET | Feb. 3, 2012
David Kelleher began selling cars when he was 24, shortly after finishing his undergraduate degree at the University of Pennsylvania. It wasn't his intended career path -- he had wanted to go to law school -- but the industry grabbed hold of him and never let go. Kelleher, chairman of the Chrysler National Dealer Council, spoke with Staff Reporter Larry P.... Read More »
Jaguar rep: Amid upheaval, dealers remain confident
12:01 am U.S. ET | Feb. 3, 2012
Jaguar's sales have not rebounded with the rest of the auto industry. Its U.S. sales in 2011 dropped 8 percent to 12,276 units. But Jaguar's owner since 2008, Tata Motors Ltd. of India, has been restructuring and reorganizing the brand. Staff Reporter Arlena Sawyers spoke with Jeffrey Davis, chairman of the Jaguar Business Operations Council.... Read More »
BMW dealers need help with factory relations
12:01 am U.S. ET | Feb. 3, 2012
MW beat Lexus in the race for the annual luxury crown last year. It's the first time BMW has been the top-selling luxury brand in the United States. That capped a year of major changes at BMW of North America. Damon Shelly, chairman of the BMW National Dealer Forum, was interviewed by Staff Reporter Diana T. Kurylko.... Read More »
Mercedes dealers' goal: Best-in-class profitability
12:01 am U.S. ET | Feb. 3, 2012
Mercedes-Benz launched five vehicles last year, tried to beat BMW for the No. 1 luxury brand title, fired its CEO after alleging ethics violations and appointed the vice president of sales to take his place. Staff Reporter Diana T. Kurylko spoke with Michael Cantanucci, chairman of the Mercedes-Benz Dealer Board.... Read More »
At Lexus, enthusiasm about ample supply, new product
12:01 am U.S. ET | Feb. 3, 2012
Lexus had been the top-selling luxury brand in the United States for a decade when the March earthquake struck Japan, crimping inventories and allowing BMW and Mercedes-Benz to pounce on the sales opportunity. Peter Hennessy, chairman of the Lexus dealer advisory council, spoke with Staff Reporter Mark Rechtin.... Read More »
Tight inventory is top concern for Land Rover dealers
12:01 am U.S. ET | Feb. 3, 2012
A new compact SUV helped Land Rover finish U.S. sales up 20 percent. But dealers say sales could have been higher had there been more product. Staff Reporter Jamie LaReau spoke with Dan Muggli, chairman of the Land Rover Business Operations Council.... Read More »
For Lincoln, exclusive F&I products
12:01 am U.S. ET | Feb. 3, 2012
Ford Motor Credit Co. is tailoring its F&I products for Lincoln customers. Ford Credit launched Lincoln Automotive Financial Services in November as part of a strategy to polish Lincoln's credentials as a luxury brand and gain a degree of separation from the Ford brand.... Read More »
BEST OF BEST PRACTICES
Bergstroms' pledge: 'Treat everyone like guests'
12:01 am U.S. ET | Feb. 3, 2012
The foundation of Bergstrom Automotive's empire in Wisconsin was forged early in the lives of John and Richard Bergstrom. Mom insisted that gracious hospitality included tidy and well-dressed sons.... Read More »
Lithia sweeps Shareholder Value retailer awards
12:01 am U.S. ET | Feb. 3, 2012
Lithia Motors Inc. swept the retailer category at the 12th annual Global Automotive Shareholder Value Awards in January. The awards, developed jointly by Automotive News and PwC, recognize the best shareholder return for automotive manufacturers, suppliers and retailers.... Read More »
BEST OF BEST PRACTICES
Benefits keep dealership's staff onboard
12:01 am U.S. ET | Feb. 3, 2012
Paul Weller has sold trucks at the same dealership for 33 years. Colleague Pat Marshall has worked there 34 years; Venson Rickert, for 32. Sound unusual? It's not at Bayshore Ford Truck Sales in New Castle, Del.... Read More »
Contests draw attention to low-profile dealerships
12:01 am U.S. ET | Feb. 3, 2012
In April, Chris Myers Nissan landed a new TV pitchman and about 1,500 new Facebook friends in one stroke.... Read More »
Ford honors dealers who made a difference in their communities
7:30 pm U.S. ET | Feb. 3, 2012
Ford Motor Co. has honored six dealers for dedication to their communities. Ford's Salute to Dealers, conducted under the guidance of Edsel Ford II, a member of Ford's board, was held here Friday.... Read More »
Do staff members like working at your store?
5:00 pm U.S. ET | Feb. 3, 2012
Is your dealership a great place to work? Automotive News wants to hear from you. Automotive News is working with Best Companies Group to identify dealerships that have excelled in creating quality workplaces.... Read More »
Mopar extras
7:01 pm U.S. ET | Feb. 3, 2012
Chrysler Group is introducing optional service area equipment for dealerships that highlight the automaker's Mopar parts brand. The equipment includes rolling sales racks, which can display accessories such as branded clothing, and a bar counter at which customers can sit and use computers to access the Internet while their vehicles are being serviced.... Read More »
Saab dealers will meet, probably for last time, at NADA
2:43 pm U.S. ET | Feb. 1, 2012
Saab dealers will meet in Las Vegas on Monday during the National Automobile Dealers Association convention for what is likely to be their last make meeting.... Read More »
How BMW got in the game
12:01 am U.S. ET | Feb. 1, 2012
Regional BMW dealer groups bought time on network affiliates during the Super Bowl, a late effort that "just gained steam," says Dan Creed, 45, vice president of marketing for BMW of North America. He spoke here with Staff Reporter Diana T. Kurylko.... Read More »
Fed-up dealers: Stop nitpicking on store rules
12:01 am U.S. ET | Jan. 30, 2012
When the factory rep is eyeballing the toilet paper in your dealership bathroom to make sure it's appropriately soft and cushy, it makes a dealer say, Hey, enough already. Dealers are butting heads with manufacturers over facility requirements that seem silly, intrusive or just outrageously expensive for the little payback that seems likely.... Read More »
EDITORIAL
Factories, dealers must resolve renovations issue
12:01 am U.S. ET | Jan. 30, 2012
Dealers are tearing up tile to match the right color of gray. As dealers and manufacturers come together this week in Las Vegas for the National Automobile Dealers Association convention, it is important to focus on a contentious issue that continues to run through both camps: dealership facility requirements.... Read More »
NADA PREVIEW
Smiles and sparks: Make meeting forecasts
12:01 am U.S. ET | Jan. 30, 2012
Most years, a glance at a brand's prior-year sales results will indicate what to expect at the NADA make meeting. If U.S. sales soared, the meeting usually will end with everyone smiling. If sales tanked, the automaker will try to soothe unhappy dealers with talk of coming new or freshened models, pumped-up incentives or both.... Read More »
PARTY TIME
Here are some of the social events scheduled during the NADA convention in Las Vegas
12:01 am U.S. ET | Jan. 30, 2012
NADA will spring ahead in 2016
12:01 am U.S. ET | Jan. 23, 2012
Breaking with tradition, the National Automobile Dealers Association will move its annual convention in 2016 to April from its customary date in February, incoming NADA Chairman Bill Underriner said.... Read More »
EDITORIAL
Oh, the places they'll go
12:01 am U.S. ET | Jan. 23, 2012
The National Automobile Dealers Association deserves praise for its determination to update and improve its annual convention -- especially the decision to move the event to April from its customary date in early February beginning in 2016.... Read More »
FINAL ASSEMBLY
Big crowd heading for NADA parley
12:01 am U.S. ET | Nov. 14, 2011
Here's a positive economic indicator for the auto industry: Scheduled attendance for the National Automobile Dealers Association convention in Las Vegas in February is on track to surpass 20,000 for the first time since 2008. Back then, 23,901 people showed up for the big do in San Francisco.... Read More »
Montana dealer William Underriner elected NADA's 2012 chairman
2:34 pm U.S. ET | Sept. 23, 2011
The National Automobile Dealers Association's board of directors has chosen William Underriner as the group's 2012 chairman. The board also elected David Westcott 2012 vice chairman, placing him in line for the 2013 chairmanship.... Read More »
BRADFORD WERNLE
Stair-step plans had few fans at NADA meeting
12:01 am U.S. ET | Feb. 21, 2011
If there were two dirty words at the 2011 National Automobile Dealers Association convention in San Francisco this year, those expletives would be "stair steps."... Read More »
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