49 Dealers nominated for Time magazine award
November 23, 2016 @ 7:36 am From staff reports Forty-nine U.S. auto dealers have been nominated by automotive trade associations for the 2017 Time Dealer of the Year award. The nominees were announced in October by Timeand Ally Financial, the sponsor. The program honors franchised new-vehicle dealers for exceptional performance in their dealerships and distinguished community service.…
Read More Chevrolet Bolt EV wins 2017 Motor Trend Car of the Year
Henry Payne , The Detroit News1:06 p.m. EST November 15, 2016 The 2017 Chevrolet Bolt EV took home Motor Trend magazine’s coveted Car of the Year honors Monday during an awards ceremony in Los Angeles ahead of the L.A. Auto Show. The highly anticipated Bolt, which is due in showrooms by the end of the year,…
Read More What Does The Election Mean For The Auto Industry
DrivingSales News • November 9, 2016 The results are in, and we can now say that starting in January, Donald Trump will be the President of the United States. While there were many issues that were debated and disputed during this election, the auto industry has many challenges ahead, and how Trump handles them will widely affect…
Read More 2017 MOTOR TREND CAR OF THE YEAR INTRODUCTION
Kim Reynolds Words, Motor Trend Staff Photos November 1, 2016 The Numbers Game: Without data, you’re just another automotive outlet with an opinion To paraphrase the quite-dead St. Augustine of Hippo, “Numbers are the language to confirm the truth.” And from where we sit, the old guy may have been on to something. Nowadays, all kinds of insights are…
Read More Managers Who Can Make or Break Car Dealerships
WardsAuto John Stephens Jul 15, 2016 The F&I manager must be an experienced orator, marketer, active listener – and more. A dealer or dealership general manager probably thinks the F&I manager is responsible for increasing your gross profit, maintaining lender relationships and ensuring compliance. This is a fairly comprehensive outlook, but how would the dealership’s…
Read More FTC Announces Significant Hike to Civil Penalty Maximums
WASHINGTON, D.C. — Violations of the Federal Trade Commission’s prohibition on unfair or deceptive acts or practices are going to get more expensive come Aug. 1. That’s when the commission’s interim final rule aimed at increasing a variety of civil penalties takes effect. According to its website, the FTC has approved final amendments to Commission Rule…
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