Payless Car Sales revealed Tuesday that it has reached a deal with JM&A Group to serve as the administrator of the certified pre-owned program it is rolling out this month. As part of the agreement, JM&A is offering its F&I products to Payless Car Sales dealers, in addition to serving as the administrator of Payless […] [Read More]

Down “severely” in its two biggest markets because of the continuing aftermath of the earthquake earlier this year, Toyota’s global sales fell more than 18 percent during the first half of fiscal 2012, the automaker said Tuesday. [Read More]

NCM Associates launched a new, free information and training resource for dealers and their managers Monday. The NCM Institute Center for Automotive Retail Excellence rolled out a new blog and e-newsletter called Up To Speed. Director Garry House explained the online products will feature informational articles from the entire NCMi faculty on topics including merchandising […] [Read More]

As the flooding in Thailand continues to cause production troubles for its suppliers, Toyota announced late last week that it has been forced to extend the time frame for adjusted production hours at its plants in Japan, while also slowing production rates in North America, South Africa and multiple Asian markets.  The automaker previously announced that […] [Read More]

It was revealed late last week that Jeff Schmitt Auto Group and its six dealerships in Dayton, Ohio, have been selected as Motor Trend Certified dealerships. The Motor Trend Certified program — created by Motor Trend magazine and powered by EasyCare — allows franchised dealers to “provide a highly valued certification program for their other […] [Read More]

Two Ontario car salesmen will go without their licenses for a year, thanks to a recent ruling from the province’s License Appeal Tribune. Kien Trung and Mohammed Shaikh, who had been salesmen with the former Mazda of Orangeville dealership — which has since closed up shop, according to the Orangeville Banner — and the store […] [Read More]

As Honda and Toyota run into production delays due to the Thailand floods, it appears Nissan could be well-positioned to gain ground. In fact, Nissan’s chief operating officer just raised the automaker’s full-year forecast on Wednesday. Though Toshiyuki Shiga took a cautionary tone, Nissan revised up its full-year forecast to net income $3.63 billion, based […] [Read More]

After being awarded the Chevrolet franchise in 1915, brothers Harold Benson and Ray Benson and their cousin Roy Benson drove nearly 300 miles from New York City to a tiny New Hampshire town in their first Chevrolet. Nearly 100 years later, and as one of the oldest Chevy dealerships in the United States, Benson Auto […] [Read More]

Fueled by used-vehicle department gains, Penske Automotive Group declared Wednesday that it achieved the highest quarterly profit in company history during the third quarter. Penske revealed its third-quarter income from continuing operations attributable to common shareholders was $56.7 million or 62 cents per share. In the year-ago period, the company posted income of $34.8 million […] [Read More]

NADA Used Car Guide is giving dealers another chance to learn how to use a tool to appeal to the youngest potential buyers — Generation Y. NADA UCG is orchestrating a free Webinar at 2 p.m. ET on Tuesday titled, “Appraising Vehicles for Generation Y Buyers.” It’s going to be led by Stu Zalud, director […] [Read More]