Sunday, March 31, 2019
Dealers' termination tales: ?It just wasn't right'
Ira Rosenberg, who co-founded Prime Motor Group, dies at 82
Dealer Ira Rosenberg, who started Ira Motor Group near Boston in 1975 and sold it 25 years later to public retailer Group 1 Automotive Inc., died last week from complications following a fall in February. He was 82.
GPB legal troubles of Prime concern
Jettisoned Chrysler dealers challenge U.S. in court
Almost 300 of the Chrysler dealers whose franchises were terminated in the 2009 bailout will continue their fight in Washington on April 8, nine years after they sued the U.S. Treasury.
Young buyers will want small, efficient
Young car buyers will want small, fuel-efficient vehicles and automakers should prepare for the demand, write one Automotive News reader in a letter to the editor.
U.S. sales drop with no reason for buying
"Consumers simply haven't had a compelling reason to buy," Cox Automotive's chief economist said.
Lender seeks Nissan store, car wash foreclosure
Friday, March 29, 2019
Jeep Gladiator pickup will be a premium player
Jeep is following the same pricing mantra as it does for the Wrangler: Versatility comes with a cost. The priciest Gladiator pickups, fully loaded, will top $60,000.
Jeep Gladiator will be a premium player, starting above $35,000
Jeep is following the same pricing mantra as it does for the Wrangler: Versatility comes with a cost. The priciest Gladiators, fully loaded, will top $60,000.
Ira Rosenberg, longtime New England dealer, dies at 82
Auto industry unites to oppose Trump import tariffs
Groups representing many arms of the auto industry -- automakers, dealers, parts suppliers and aftermarket companies alike -- are in lockstep in their opposition to new import levies being considered by the White House, a rarity for an industry that often disagrees on major policies.
Thursday, March 28, 2019
U.S. auto sales expected to fall again in March
New U.S. light-vehicle sales are projected to fall for the third straight month in March. Affordability concerns, higher interest rates and an uncertain regulatory outlook are keeping some would-be shoppers at home, analysts say.
Wednesday, March 27, 2019
Proposed FTC rules mean dealers should bolster consumer data protection
Dealers should be most concerned about proposed amendments to the Safeguards Rule, which would require the use of encryption and multi-tiered authentication for access to sensitive customer data and periodic reports on customer data protection to the leadership team.
Compliance remains key, even in seemingly dry regulatory climate
The stream of regulatory actions brought against auto dealers in the past few years appears to have slowed to a trickle, and the retailers are taking note. But even in such a climate, dealers need to make compliance a priority.
Ford pilots site for online used vehicle shopping
FindYourFord.com compiles a listing of used vehicles from multiple dealerships in one place.
Nissan captive agrees to pay $2.2 million to settle robocall suit
Potential tariff hikes threaten Subaru's 87-month U.S. streak
Subaru's more than seven year-long string of monthly U.S. sales gains may end if the Trump administration increases tariffs on cars and auto parts.
Tuesday, March 26, 2019
Potential tariff hikes threaten Subaru's 87-month U.S. sales streak
Subaru's more than seven year-long string of monthly U.S. sales gains may end if the Trump administration increases tariffs on cars and auto parts.
Monday, March 25, 2019
EV startup startup Canoo will offer cars by subscription only
Canoo is positioning itself as a "boutique California EV brand" and said it will start sales in the United States in 2021, eventually expanding to China.
Sunday, March 24, 2019
Dealers get a glimpse of Bronco prototype
Porsche stores to the max
Just opened in Southern California this month, Porsche Palm Springs is the first store out of the chute for Destination Porsche, the new design plan for the brand's stores worldwide.
Want that security deposit? See you in court
The collapse of the Reagor Dykes retail group has left behind a mess at its store in Plainview, Texas. And the landlord wants it cleaned up.
Porsche sketches a future built of brick and mortar
The brand envisions its dealerships as places to not only transact business, but also soak up Porsche culture.
Solar garden aims to cut energy, insurance costs
Dallas-area dealer Stan Graff plans to install 37 new car canopies topped with solar panels that could lower his hail insurance costs.
Check out the top 150 U.S. dealership groups
Industry disruption? Our annual ranking shows big retailers aren't hesitating to invest more of their profits in the traditional dealership model.
Dealer anniversaries
Featured this week is Larry Wind, president of Woltz & Wind Ford in Heidelberg, Pa.
Rocky start?
Despite the early stumbles, vehicle subscription services aren't going away.
Time for no-haggle?
Who will call the shots?
As digital retailing moves to the forefront, some dealers worry that automakers will dictate their paths to the future.
Automakers have historically required dealers to use specific vendors for various tasks. John Malishenko, director of operations for Germain Motor Co., a dealership group with stores in Ohio, Michigan and Florida, questions whether automakers trust dealers' ability to adapt to digital retailing.
"In the dealer body, there's this lowest common denominator of guys that are just still doing business the way they've always done it," he said. "And then there's guys like us that are a bit more innovative, more digital. We've embraced the changes in the market."
Malishenko predicts that more automakers will mandate a centralized digital system.
"But that lowest common denominator solution is antiquated for me. It's actually limiting for me because I want to move beyond that. I want to go deeper," Malishenko said. "I want to do more, but you have this standardized, centralized solution."
Kevin Frye, e-commerce director for Jeff Wyler Automotive Family — with dealerships in Ohio, Kentucky and Indiana — agrees. With the number of franchises Jeff Wyler has, the stores could end up using eight to nine digital retailing platforms to fulfill automaker mandates.
"Our brand is Jeff Wyler, and we want to have one uniform experience for online digital retailing," Frye said.
Still, Frye added, automakers realize that many dealers are reluctant to change, and one of automakers' priorities is protecting their brand image, value and position in the market.
For example, if one automaker mandates a digital retailing platform and another doesn't, and the dealers that don't have a mandate aren't pursuing digital retailing strategies on their own, the second automaker may be at a disadvantage. "The earliest example of something similar to this would be the early days with [General Motors] mandating websites" with a specific vendor, said Frye. Some dealers, he added, "were too stubborn to believe in the Internet and to get websites, so they had to protect their brand."
Diving into digital
Auto dealerships face a challenge: They have to put the digital retailing system in place, market it to consumers and change the culture in-store.