Strong ratio of used to new sales pays off

Strong ratio of used to new sales pays off http://bit.ly/2UxMcgq

Mullinax Automotive, the biggest retailer of Ford-brand certified pre-owned vehicles in the country, is honing its sales strategies and leveraging CPO programs to shine in used-to-new ratio for vehicle sales.

U.S. ultimatum to Chrysler was not coercion, Rattner testifies

U.S. ultimatum to Chrysler was not coercion, Rattner testifies http://bit.ly/2UsuRpe former head of the White House's auto rescue task force says the government was Chrysler's savior, not its boss.

Penske to add more used-only stores

Penske to add more used-only stores http://bit.ly/2ZphUjD

Penske Automotive Group Inc. is bullish on its used-vehicle supercenters' business and will add four locations this year. The company said its profitable model helps diversify its business but also differs from competitors.

Dealer anniversaries

Dealer anniversaries http://bit.ly/2UxMaFk

Dealers featured this week include the Iowa Automobile Dealers Association and Steve Couey, vice president of Stadium Toyota in Tampa, Fla.

Dealer terminations are unforgivable

Dealer terminations are unforgivable http://bit.ly/2ZphTfz

An Automotive News reader writes in support of dealers who were culled during the industry financial crisis 10 years ago.

N.Y. group given OK to sue ex-accountants

N.Y. group given OK to sue ex-accountants http://bit.ly/2ZrolTt than two years after discovering an office manager and other employees allegedly embezzled more than $10 million, a Queens, N.Y., dealership group can now go after its former longtime accounting firm for the money, a federal judge has ruled.