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Dec
8th

High salesperson turnover getting worse, study finds

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In 2013, the average dealership had a 66 percent turnover rate among sales consultants, up 4 percentage points from the previous year and well above the national average for the private sector of 42 percent, the National Automobile Dealers...
Dec
8th

Europe’s retailers shrank less than car sales, report says

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Europe's dealer network has contracted less than the market since the start of the last economic crisis, a report says. New-car registrations are 20 percent below their pre-recession peak, but the number of dealerships has fallen by 12 percent.
Dec
8th

Prepare to embrace McLaren’s anticipate-and-act tactics

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People in the car business are so used to being lectured on how they are doing things wrong -- social media, customer service, what have you -- that it's notable whenever an automotive company sets a new benchmark for the rest of the world.
Dec
8th

Why BMW loves California

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BMW North America is headquartered in New Jersey, which means shorter flights to Munich for CEO Ludwig Willisch. But Willisch spends much time thinking about the West Coast.
Dec
8th

Head-shaking over Americans’ car buying

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The Financial Times' legendary Lex column, a daily investment discourse famed for its irreverence and oh-so-British drollery, can be tough on us Yanks.
Dec
8th

In-store kiosks put FandI right in front of customers

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Michael Fastman is buying kiosks for BMW of Silver Spring, in Silver Spring, Md., where he is general manager, and BMW of Catonsville, in Baltimore, where he is in charge of operations.
Dec
8th

Jeep drives 25% of U.S. sales gains

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Jeep's big year has helped Fiat Chrysler grow at four times the pace of the rest of the industry, gaining momentum as the U.S. market shows signs of starting to plateau.
Dec
8th

Chrysler Pentastar V-6s to get turbos and direct injection, sources say

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Chrysler Group is improving its Pentastar family of V-6s, adding direct injection, turbocharging and other technology to enable smaller displacement engines to power its vehicles.
Dec
8th

Aluminum wave could boost dent-repair policies

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Automakers' growing use of aluminum body parts to save weight and fuel could create an opportunity for dealership FandI departments to sell more paintless dent removal policies, some FandI experts say.
Dec
8th

The ultimate marketing vehicle?

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The center stack is already a hub for entertainment and navigation, but what if it could help you get half off a turkey sandwich at a deli that's just around the corner? For automakers and their technology partners, it's an appetizing thought.
Dec
8th

Finance managers found on showroom floor

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After working as a sales representative for almost two years at Atlantic Hyundai in West Islip, N.Y., Russell Williamson was ready for more responsibility and the chance to earn more money.
Dec
8th

GM Financial ready to compete in 2015

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General Motors' captive finance company, GM Financial, is finally ready for prime time.
Dec
8th

Toyota parts delivery scores with dealers

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Parts Director Danny Perez saves $100 to $400 a day in rental-car costs thanks to Same Day Service, a parts distribution program run by Toyota Motor Sales U.S.A. Inc.
Dec
8th

Online FandI product sales a ‘struggle’

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Dealership staffers must either present FandI products to customers when they take delivery of their car or contact them later by phone, says Lou Bregou, a director of operations at Driver's Village. Selling FandI online is "an uphill struggle," he says.
Dec
8th

Honda counts on new models to help end Europe woes

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Honda says new models and a leaner organization will help it rebound in Europe in 2015 after seven years of falling sales.
Dec
8th

Takata brass waits in the bunker as airbag crisis grows

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Takata promoted Swiss-born Stefan Stocker to president last year to inject global thinking and openness into the insular, family-dominated Japanese supplier.
Dec
8th

After decades of store confinement, the FandI office is inching digital

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Lou Bregou, a director of operations at Driver's Village in Cicero, N.Y., says he has embraced putting financing tools on the dealership group's e-commerce website.
Dec
8th

Ford considers CVTs as way to improve fuel economy

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Ford is considering giving the continuously variable transmission another spin. "We've had some experience with CVTs and it wasn't all good," said Raj Nair, Ford's global product development chief, during a media event here. "They are getting better.
Dec
8th

Carmakers hit the gas as China slows down

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Chinese bureaucrats are jittery, maybe even a bit panicky, about the country's slumping economy. But global carmakers sound as optimistic as ever as they place big bets on the world's biggest auto market.
Dec
8th

JLR executives are seeing double — and seeing red

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Jaguar Land Rover executives got their first look at the Land Wind X7 from Jiangling Motors Corp. last month at the Guangzhou Motor Show -- and they weren't amused.
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