Texas-based RFJ Auto Partners will expand its one-price Hassle Free Buying program to all of its dealerships over the next three years, reports Automotive News. Share this articleLinkedinFac... Read more
Dealers who have updated their facilities to the Autohaus2 image program won’t be required to make any more updates until January of 2024 at the earliest, Mercedes-Benz has pledged, re... Read more
According to a study by the Federal Reserve Bank of New York, auto loan delinquencies of 30 days or more hit $23.27 billion in the fourth quarter of 2016, the most since $23.46 billion in th... Read more
Pontus Capital has acquired six auto dealerships in California and leased them back under long term, triple net master agreements, the company reported in a press release. The franchises i... Read more
Park Place Dealerships of Dallas, Tex. will build a 2-story, 70,000 square-foot Porsche dealership in Grapevine, Tex., the group’s fourth dealership in Grapevine, reports Southlake St... Read more
Publicly-listed Penske Automotive Group has completed the acquisition of CarShop high-quality used car chain in the United Kingdom, and will retain the CarShop name and its 500 employees, r... Read more
By Stuart McCallum and Steve Schumacher, CPA, ASA Car sales have been on the rise in the years since the 2008-2009 recession. However, there’s a growing consensus that 2017 will break the tr... Read more
I’ve read several stories this week about speeches three Tier One supplier executives gave at the Detroit Economic Club on Tuesday. They addressed two topics that should deeply concern deale... Read more
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