Tag: Dealer News

Dealer Check-up Reveals Widespread Profit Loss

<img data-attachment-id="1622294" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/04/Nalley_Nissan_of_Atlanta_20-e1524507840810.jpg" data-orig-size="4196,2492" data-comments-opened="1" data-image-meta="{"aperture":"5.6","credit":"Nicholas McGinn","camera":"NIKON D800","caption":"Nissan\u2019s newest Retail Environment Design Initiative (NREDI 2.0) was introduced today at the grand opening celebration of Nalley Nissan of Atlanta, an Asbury Automotive Group, Inc. (NYSE: ABG) dealership. The NREDI 2.0-outfitted dealership is visually and technically updated in all areas, from sales, to service to finance, […]

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Dealers Share Details of Ford Bronco Prototype, New Off-road Vehicle Family

<img data-attachment-id="1667062" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser.jpg" data-orig-size="1280,720" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Ford Bronco Blanket Teaser" data-image-description=" Ford ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-450×253.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-610×343.jpg” class=”aligncenter size-large wp-image-1667062″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-610×343.jpg” alt width=”610″ height=”343″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-610×343.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-75×42.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-450×253.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-768×432.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser-120×68.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/Ford-Bronco-Blanket-Teaser.jpg 1280w” sizes=”(max-width: 610px) 100vw, 610px”> Dealers got an early look at a prototype build of the upcoming Ford Bronco. Gathered in Palm […]

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Tesla Announced Layoffs to Public Before Telling Employees: Report

On Thursday, Tesla announced it will finally begin delivering the Model 3’s long-awaited base trim to the public through direct online sales. By eliminating storefronts, the automaker believes it can reduce costs — helping to get that pesky profit situation under control. Unfortunately, reports have emerged that claim those employees had no idea their jobs […]

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Modern Times Spell Trouble for Mom-and-pop Auto Dealers

When I was a lad, there were two family-owned and operated dealerships within walking distance of my home. Upon reaching driving age, one had already closed while the other began adding storefronts in different towns. It now has three locations, ensuring a meaty inheritance and lifelong job security for several members of my graduating class. […]

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NADA 2019: Ford Outlines Rewards Program, Says Standalone Stores Essential for Lincoln

Last year, Ford announced its intent to develop a rewards program aimed at keeping customers engaged — while also making it worth their while to stick with the brand for their next purchase. While customer rewards are old hat, regardless of industry, automakers are busy devising new ways of using the venerable marketing theory to […]

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NADA 2019: Toyota Promises Dealers More Utility Vehicles, Plans to Ignore EVs

While the closing day of the 2019 National Automobile Dealers Association meetup revolved around charitable opportunities, engineering equality in the workplace, and a talk from author, pro golfer, and USAF veteran Major Dan Rooney on the merits of personal accountability, the rest of the event focused more directly on the auto industry. One of the larger […]

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How Would Dealers Rate Their Brand? Scorecard Ranks Winners and Losers

Cox Automotive, in conjunction with Automotive News, just released its Retail Brand Scorecards Study for 2018. The survey is interesting in that it ranks the perceived value of automakers by assessing how desirable they are to dealerships via an A-through-F grading system. Though, as engaging as it might be to look at these traits from a highly specific viewpoint, […]

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When Does an Automaker Issue a Press Release About a New Dealership? When It’s Mitsubishi

Mitsubishi Motors burned up the newswires today in its haste to celebrate the opening of a new dealership in Cartersville, Georgia — which isn’t something you see every day. While hard to imagine for an OEM like Ford or GM, the press release fits with Mitsubishi’s short-term goal: a dealer network expansion in the U.S. […]

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Book ’em Again, Danno: Cadillac’s Revised Subscription Service Coming Later This Year

General Motors is readying another automotive subscription service after canceling “Book by Cadillac,” which was deemed too costly to keep operational, several months ago. However, whether that was due entirely to its own failures or related to the fact that the company is aggressively hunting for capital through its restructuring program is up for debate. […]

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Juveniles Cause $800,000 in Damage With Dealership Demo Derby

On January 6th, local law enforcement reported that four kids enjoyed a night of destructive mayhem at a Houston-area CarMax dealership located in the 16100 block of the North Freeway. According to local reports, police were responding to a call where four young males were caught on video surveillance breaking into multiple vehicles. However, things […]

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Corvettes Are Getting More Expensive Just in Time for the Holidays

As the media obsessively focuses on the upcoming, mid-engined C8 Corvette, the C7 languishes. Vette sales exploded in 2014 following the release of the seventh-generation model, declining ever since. Chevrolet only sold 25,079 Corvettes domestically in 2017 and, even though year-end sales aren’t yet in, General Motors looks ready to fall short of last year’s volume for […]

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Retiree Trades Quintet of Toyota MR2s for One Mazda MX-5

Last week, a retired college professor walked into Missouri’s Coad Toyota with an interesting proposal. He was willing to part with five first-generation Toyota MR2s as a trade-in for a gently used 2016 Mazda MX-5 Miata. Considering the amount of maintenance five vintage MR2s must require, maybe he’s not the absolute madman we initially presumed. Since […]

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Distressed Dealers Convince Lincoln to Postpone Standalone Stores

This time last year, Lincoln was busy promoting its Experience Centers — storefronts that promote the brand and its products, but don’t serve as active dealerships. Then, in August, it asked around 80 Ford/Lincoln dealerships to commit to building separate Lincoln-only facilities by July. It was an attempt to elevate the premium brand by making it […]

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Genesis, a Brand That Barely Exists in Terms of Sales, Begins a Slow Ascent

As we explained earlier this year, the fledgling Genesis brand is going through puberty. The brand’s constantly evolving dealer strategy is now set in stone, or what passes for it in the world of Genesis, but the process of separating the brand from its Hyundai parent won’t take place overnight. There’s dealers to whittle down, […]

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California Auto Dealers Ask Volvo to End Subscription Service

The California New Car Dealers Association is requesting that Volvo immediately end its Care by Volvo subscription service within the state. According to the group, the automaker is in violation of California’s franchise and consumer protection laws. It’s been a long time coming, as Care by Volvo is clearly designed to minimize dealer interactions. Anders Gustafsson, […]

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Porsche Aiming to Expand Commitment to Classic Cars

High-end sports cars are much more likely to endure the onslaught of time that inevitably forces most automobiles into the junkyard. Why such vehicles might not all serve as pampered automotive “investments” for wealthy individuals, most are still well cared for and subject to fewer harsh winters and daily commutes than their mainstream counterparts. Porsche […]

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Ford: Get All Your Aftermarket Ranger Stuff From Us

We’ve told you already that the upcoming Ford Ranger, which hits dealer lots in January, stands to become an endlessly customizable midsize pickup. Reports of options galore cropped up well ahead of the truck’s release. Now, there’s more news on that front. While the usual factory add-ons will be part of any would-be Ranger owner’s […]

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