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NewsMay 1, 2014

Former Hyundai CEO Named President of TrueCar

John Krafcik, former Hyundai Motor America's president and CEO, has been named president of Web-based dealer network TrueCar.

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NewsMay 1, 2014

AAGI Founder and Chairman Passes Away

Al Ranieri, founder of American Auto Guardian Inc. and chairman of the firm’s board of directors, passed away this week.

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NewsMay 1, 2014

Manheim Selects Two New Market VPs

Manheim named Rob Touchette market vice president for the pacific market and Randy Beil vice president for the north central market.

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NewsMay 1, 2014

Fields Named Ford President, CEO

Ford Motor Co. confirmed yesterday that Mark Fields will be named president and CEO. He will replace Alan Mulally, who will retire on July 1.

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NewsMay 1, 2014

Strong March Helps Group 1 Rebound From Harsh Weather

Like other public groups, Group 1’s business was hampered in the first quarter by extreme weather conditions, losing about 9% of its total available selling days through Feb. 16. Luckily, March turned out to be a strong sales month for the group.

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Articlesby George AngusMay 1, 2014

No Customer, No Sale

F&I managers can’t sell to customers they don’t see. The father of the F&I menu provides an action plan for convincing management that every customer must visit the F&I office at the time of sale.

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NewsApril 29, 2014

Auto/Mate Receives Top Workplaces Award

For the third consecutive year, Auto/Mate Dealership Systems was selected by The Times Union as one of the Top Workplaces in New York's Capital Region.

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NewsApril 29, 2014

Sonic to Pilot Hybrid Process in July

Sonic officials said last week the group will begin piloting its new customer experience initiative at a Charlotte, N.C., store this July. The new process promises to deliver a ‘one associate at one price in one hour’ buying experience.

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NewsApril 29, 2014

Penske’s Quarterly Income Hits Historic High

Despite its Northeast and Central Midwest dealerships losing approximately 280 selling days due to harsh weather, Penske Automotive reported last week that it achieved a 15.4% increase in income from continuing operations.

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NewsApril 28, 2014

Industry Summit Doubles Down on SF

Industry Summit 2014 will feature multiple education sessions dedicated to special finance and used-car retailing. Serving as master of ceremonies for those two tracks will be special finance guru Greg Goebel.

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