Bobit Business Media Search Engine
Search
Search Title Only
Show More Like This
Sort by: Best match | Post Date | Number Of Views | Random | Number Of Comments
Categories: Compliance, Dealer Ops, Industry, Showroom
Ghosn Skips Bail, Escapes to Lebanon

Convinced he was framed for financial crimes in Japan, former Nissan chief Carlos Ghosn somehow slipped past surveillance and fled to his home in Lebanon.

https://www.fi-magazine.com/359847/ghosn-skips-bail-escapes-to-lebanon
Categories: Compliance, Dealer Ops, Showroom
WSJ: SEC Probing BMW Sales Reports

The Wall Street Journal reports the U.S. Securities and Exchange Commission is investigating accusations that BMW conspired with American dealers to inflate...

https://www.fi-magazine.com/359833/wsj-sec-probing-bmw-sales-reports
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Democrats Signal Defeat on EV Tax Credit

The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric...

https://www.fi-magazine.com/359780/democrats-signal-defeat-on-ev-tax-credit
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Sense of Urgency Pervades Q3 Dealership Acquisitions

Kerrigan Advisors’ latest Blue Sky Report finds the pace of U.S. dealership buy/sell activity quickened in the third quarter and could accelerate further in...

https://www.fi-magazine.com/359773/sense-of-urgency-pervades-q3-dealership-acquisitions
Categories: Dealer Ops, Showroom
Trump, Democrats Agree to Revised USMCA

President Donald Trump, House Speaker Nancy Pelosi, and factory and labor officials all cheered the imminent passage of a revised version of the...

https://www.fi-magazine.com/359732/trump-democrats-agree-to-revised-usmca
Categories: Dealer Ops, Digital, Industry, Showroom
Digital Cadillac Sales Platform Makes U.S. Debut

Franchised dealers in five states can now opt into Cadillac Live, a new sales platform that connects car shoppers with remote agents for real-time online...

https://www.fi-magazine.com/359713/digital-cadillac-sales-platform-makes-u-s-debut
Categories: Dealer Ops, Industry, Showroom
November Sales Report Pushes 2019 Total Closer to 17M

All but a few Asian and highline factories reported double-digit gains in U.S. sales last month, priming the industry for a big December and a fifth...

https://www.fi-magazine.com/359669/november-sales-report-pushes-2019-total-closer-to-17m
Categories: Dealer Ops, Industry, Showroom
Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers

A Bloomberg report accuses Fiat Chrysler of creating a ‘sales bank’ of up to 40,000 new vehicles, reviving an old practice that could stoke tension among...

https://www.fi-magazine.com/359486/bloomberg-fca-banking-unordered-vehicles-pressuring-dealers
Categories: Compliance, Industry, Showroom
Chrysler Dealers to Appeal Claims Court Loss

An attorney representing hundreds of former Chrysler franchisees in a $1 billion lawsuit against the federal government plans to file an appeal that could...

https://www.fi-magazine.com/359474/chrysler-dealers-to-appeal-claims-court-loss
Categories: Compliance, Dealer Ops, Digital, F&I, Showroom
Louisiana Dealers Do Business Face-to-Face

Louisiana Automobile Dealers Association President Will Green believes the dealers in his state succeed by putting their customers and communities first and...

https://www.fi-magazine.com/359423/louisiana-dealers-do-business-face-to-face
Categories: Dealer Ops, Industry, Showroom
October Sales: SAAR Could Hit 17M for 5th Straight Year

The latest report shows U.S. new car dealers are on pace for yet another 17 million-unit year, led by gains at Japanese and Korean factories, increased...

https://www.fi-magazine.com/359344/october-sales-saar-could-hit-17m-for-5th-straight-year
Categories: Dealer Ops, Industry, Showroom
FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions...

https://www.fi-magazine.com/359317/fca-psa-reach-tentative-merger-deal
Categories: Dealer Ops, Industry, Showroom
Report: FCA and PSA in Merger Talks

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal...

https://www.fi-magazine.com/359277/report-fca-and-psa-in-merger-talks
Categories: Compliance, Fixed Ops, Industry, Showroom
Recall Sweep Targets AutoNation Dealerships

The U.S. PIRG Education Fund issued a damning report after finding one in every nine used vehicles for sale at 28 AutoNation-owned locations in 12 states is...

https://www.fi-magazine.com/359096/recall-sweep-targets-autonation-dealerships
Categories: Compliance, Dealer Ops, Fixed Ops, Industry, Showroom
Calif. Dealers Get Warranty Rate Hike, 10-Year Upgrade Intervals, CCPA Exemption

California Gov. Gavin Newsom has signed AB 179, enacting new dealer protections against below-market warranty reimbursement rates and OEM-ordered facility...

https://www.fi-magazine.com/359061/calif-dealers-get-warranty-rate-hike-10-year-upgrade-intervals-ccpa-exemption
Categories: Compliance, Dealer Ops, Industry, Showroom
Sources: Tesla Wants Back in Dealership Game, Seeks Loophole

Electrek reports Tesla CEO Elon Musk wants to open ‘Tesla Centers’ around the U.S., once again challenging rules against direct-to-consumer sales. Sources...

https://www.fi-magazine.com/359045/sources-tesla-wants-back-in-dealership-game-seeks-loophole
Categories: Dealer Ops, Showroom
S.C. Ford Dealer Offers Free Gun With Every Purchase

Four months after factory executives put a stop to a similar campaign at an Alabama dealership, Carolina Ford is offering a free rifle, American flag, and...

https://www.fi-magazine.com/358964/s-c-ford-dealer-revives-gun-giveaway-promotion
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Detroit, Japan Factories Suffer in Short September Sales Report

U.S. sales of new cars and light trucks fell 12% year-over-year in September, suppressed in part by a Labor Day weekend allotted to August. Few were spared...

https://www.fi-magazine.com/358845/detroit-japan-factories-suffer-in-short-september-sales-report
Categories: Compliance, Fixed Ops, Showroom
Hyundai Claims Dealer Fraud Forced $5M in Repurchases

Hyundai North America has sued a Pennsylvania dealer for fraud, claiming he bilked the automaker for $5 million by buying up hundreds of used Sonatas and...

https://www.fi-magazine.com/358809/hyundai-claims-dealer-fraud-forced-5m-in-repurchases
Categories: Compliance, Dealer Ops, Showroom
Mystery Surrounds Seattle Dealership Closures

Five motorcycle dealerships owned by Microsoft executive Howard Crow were suddenly shuttered last week. Managers and staff have returned, without pay, to...

https://www.fi-magazine.com/358781/mystery-surrounds-seattle-dealership-closings
Categories: Dealer Ops, Showroom
Ind. Dealer Courtney Cole Loses Cancer Battle

Courtney Cox Cole, the former sixth-generation co-owner of Indiana’s Hare Chevrolet and member of the Indiana Basketball Hall of Fame, has died at 48 from...

https://www.fi-magazine.com/358724/ind-dealer-courtney-cole-loses-cancer-battle
Categories: Dealer Ops, Fixed Ops, Industry, Showroom
World’s First Carbon-Neutral Dealership Changes Hands

Motorcars Honda of Cleveland Heights has been purchased and renamed by the nine-store Foundation Automotive group. The Ohio store was recognized by BP as...

https://www.fi-magazine.com/358291/worlds-first-carbon-neutral-dealership-changes-hands
Categories: Dealer Ops, Industry, Showroom
SAAR Fails to Crack 17M Despite Record August Sales

U.S. sales of new cars and light trucks fell 1.2% year-over-year in August, a sales month that extended through the Labor Day weekend and set new records...

https://www.fi-magazine.com/358123/saar-fails-to-crack-17m-despite-record-august-sales
Categories: Dealer Ops, Industry, Showroom
Fiat Deletes 500 From North American Lineup

2019 marks the last model-year for the Fiat 500, 500e, and 500 Abarth in the U.S. and Canada, ending a 10-year production run and leaving the 500X CUV,...

https://www.fi-magazine.com/358091/fiat-deletes-500-from-north-american-lineup
Categories: Dealer Ops, Digital, Industry, Showroom
Volvo Adds Dealer Inventory to Subscription Program

Volvo dealers will soon be allowed to pull new vehicles off their lots and into the Care by Volvo sub service, a significant change that leads a list of...

https://www.fi-magazine.com/358011/volvo-adds-dealer-inventory-to-subscription-program
Categories: Dealer Ops, Showroom
Days’ Supply Hits 71 on Weaker Sales

The latest report from the Automotive News Data Center finds U.S. franchised dealers were sitting on nearly 3.8 million new units as of Aug. 1, a 27-year high.

https://www.fi-magazine.com/357856/days-supply-hits-71-on-weaker-sales
Categories: Dealer Ops, Showroom
Nissan Takes Step Back in Full-Size Truck Market

Nissan will end production of the diesel V-8 variant of the Titan XD in December after failing to capture more than a fraction of U.S. full-size pickup...

https://www.fi-magazine.com/357821/nissan-takes-step-back-in-full-size-truck-market
Categories: Dealer Ops, Industry, Showroom
SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted...

https://www.fi-magazine.com/357726/saar-dips-to-16-6m-in-watershed-sales-report
Categories: Compliance, Dealer Ops, Showroom
Dealer Sues Over Lexus Point Lost in 1989

Longtime Wichita, Kan., Toyota dealer Mike Steven has sued the factory’s luxury division, claiming more than $120 million in damages stemming from a...

https://www.fi-magazine.com/357632/dealer-sues-over-lexus-point-lost-in-1989
Categories: Dealer Ops, Industry, Showroom
Price Hike: Tesla Drops Base Models

The starting prices for the Model X SUV and Model S sedan went up nearly $5,000 overnight following the abrupt deletion of their ‘standard range’ variants...

https://www.fi-magazine.com/357519/price-hike-tesla-drops-base-models
Categories: Compliance, Dealer Ops, Fixed Ops, Industry, Showroom
Calif. Dealer Wins $15.8M in Toyota Lawsuit

An Orange County jury found in favor of Toyota dealer Roger Hogan, who sued the factory for fraud and breach of contract amid claims the manufacturer...

https://www.fi-magazine.com/357507/calif-dealer-wins-15-8-in-toyota-lawsuit
Categories: Dealer Ops, Showroom
A Little More Auction: Elvis-Owned Lincoln, Harley, GMC for Sale

Elvis Presley’s 1973 Lincoln Continental stretch limo, 1976 Harley-Davidson Electra Glide, and 1967 GMC pickup will be on the block at Kruse GWS Auctions’...

https://www.fi-magazine.com/357480/a-little-more-auction-elvis-owned-lincoln-harley-gmc-for-sale
Categories: Dealer Ops, Industry, Showroom
Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and...

https://www.fi-magazine.com/357442/report-slow-sales-aside-auto-groups-outperform-market
Categories: Dealer Ops, Industry, Showroom
SAAR Holds at 17M as June Sales Slip

U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the...

https://www.fi-magazine.com/357396/saar-holds-at-17m-as-june-sales-slip
Categories: Dealer Ops, Showroom
Ford Ends Ala. Dealer’s Gun Giveaway

Ford Motor Co. has put a stop to Chatom (Ala.) Ford’s ‘God, guns, and freedom’ campaign following a shooting at a California dealership that left two...

https://www.fi-magazine.com/357378/ford-ends-ala-dealers-gun-giveaway
Categories: Compliance, Dealer Ops, Industry, Showroom
Texas Law Creates Loophole for Berkshire Hathaway Dealerships

Gov. Greg Abbott has signed a bill that clears the way for Berkshire Hathaway Inc. to sell cars in Texas while manufacturing RVs in Indiana, resolving an...

https://www.fi-magazine.com/357146/texas-law-creates-loophole-for-berkshire-hathaway-dealerships
Categories: Dealer Ops, Industry, Showroom
FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A...

https://www.fi-magazine.com/357072/fca-blames-french-state-for-failed-renault-merger
Categories: Dealer Ops, Industry, Showroom
SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small...

https://www.fi-magazine.com/357035/saar-returns-to-17m-on-stronger-may-sales
Categories: Dealer Ops, Industry, Showroom
IHS: EVs Will Reach 7.6% Market Share in 2026

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a...

https://www.fi-magazine.com/356986/ihs-evs-will-reach-7-6-market-share-in-2026
Categories: Dealer Ops, Industry, Showroom
FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s...

https://www.fi-magazine.com/356957/fca-proposes-merger-with-renault
Categories: Dealer Ops, Showroom
Lithia Buys Honda Store From Saporito, Armstead

Lithia Motors has purchased Central New Jersey’s Hamilton Honda from Michael Saporito, who will remain as dealer, and former NFL linebacker Jessie Armstead.

https://www.fi-magazine.com/356875/lithia-buys-honda-store-from-saporito-armstead
Categories: Compliance, Dealer Ops, Showroom
So You Think You Can Sell Supercars: The Things Lists 21 Rules

The Things’ Cory Barclay has created a list of rules for dealers interested in selling $200,000-plus vehicles, many revolving around factory-specific fine...

https://www.fi-magazine.com/356821/so-you-think-you-can-sell-supercars-the-things-lists-21-rules
Categories: Dealer Ops, Showroom
Carvana Q1: Accelerated Growth Accelerates Losses

Carvana’s first-quarter results include triple-digit gains in net revenue and consumer-sourced inventory, but losses continue to mount, growing 57% to $82.6...

https://www.fi-magazine.com/356772/carvana-q1-accelerated-growth-accelerates-losses
Categories: Compliance, Dealer Ops, Showroom
Court Ruling Ends Tate’s Auto Comeback Bid

A bankruptcy court ruling allowing two captives to reclaim inventory has officially closed the doors on Tate’s Auto Group after more than 40 years in business.

https://www.fi-magazine.com/356735/court-ruling-ends-tates-auto-comeback-bid
Categories: Dealer Ops, Industry, Showroom
Sales Down 2.3% in April, SAAR Falls Below 17 Million

The annual forecast for U.S. light-vehicle sales fell to 16.41 million as volume fell 2.3% year-over-year in an April that was expected to bring the year’s...

https://www.fi-magazine.com/356707/sales-down-2-3-in-april-saar-falls-below-17-million
Categories: Dealer Ops, Showroom
Dealer GPS Leads Police to Carjacking Suspect

The GM of a North Carolina dealership used GPS tracking to assist a customer and police in locating a carjacked vehicle, leading to the arrest of a suspect.

https://www.fi-magazine.com/356664/dealer-gps-leads-police-to-carjacking-suspect
Categories: Dealer Ops, Showroom
Report: Escalating Inventories Erode Dealer Profits

U.S. manufacturers and dealers are knocking on the door of the all-time record for days’ supply of new vehicles, an issue compounded by higher floorplan...

https://www.fi-magazine.com/356659/report-escalating-inventories-erode-dealer-profits
Categories: Compliance, Dealer Ops, Industry, Showroom
Ford Faces Federal Emissions Probe

The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed...

https://www.fi-magazine.com/356648/ford-faces-federal-emissions-probe
Categories: Dealer Ops, Fixed Ops, Showroom
Police Say Customer Set Fire at Calif. Dealership

A customer of a San Diego-area Chrysler dealership has been arrested and charged with starting a fire that destroyed eight vehicles, including his own, and...

https://www.fi-magazine.com/356638/police-say-customer-set-fire-at-calif-dealership
Categories: Dealer Ops, Industry, Showroom
Carvana Crashes Used-Vehicle Dealer Rankings

Carvana broke into the top 10 in its first appearance on Automotive News’ list of the nation's Top 100 Used Retailers, more than doubling its output to more...

https://www.fi-magazine.com/356603/carvana-crashes-used-vehicle-dealer-rankings


  Results 1 - 50 of 84
10 | 20 | 50 items per page