Misconceptions about EVs hindering demand

19 Aug

For electric vehicle sales to take off, dealers and automakers must educate consumers on maintenance and the cost of ownership, and dealers need more incentive from automakers, Cox says.

Would-be Lordstown buyer bears heavy load

11 Aug

A grim earnings report from the company that wants to buy the Lordstown Assembly plant isn't derailing talks on a sale that would ease the political pressure GM has faced over its idling.

Good business is child’s play for dealership

15 Jul

Frank Boucher Imports of Racine, Wis., has an outdoor playground on the property to entertain children as their parents shop for vehicles or get their cars serviced. The playground has boosted service business and overall customer satisfaction.

Group 1 F&I upgrades improve profits

8 Jul

The retailing giant has revamped its finance and insurance operations with new technology and training to help  sustain consistently high performance.

Lenders tightened reins after Great Recession

10 Jun

After the Great Recession, many floor plan lenders tightened dealers' loan agreements, which has helped detect early signs of trouble but also raises the bar for dealers. Several prominent auto lenders have sued dealers over the last 18 months for selling vehicles out of trust.