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Dealer news: Alabama dealership’s Day of Caring; HGreg Houston takes off
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Retail
Chevy Dealer Launches New Campaign That Drives Traffic, Sales
Wednesday, Aug. 11, 2010, 11:56 AM
Auto Remarketing
FORT WALTON BEACH, Fla. — A Chevrolet dealer along Northwest Florida's Gulf Coast took a gamble when he brought in 10 new-vehicle models from rivals Toyota, Honda, Ford and Dodge for shoppers to test-drive and compare to his own offering. But it seems to be paying off for Taylor Hood and Preston Hood Chevrolet, which posted a […] [Read More]
Chrysler Targets 119 Markets for Fiat Network
Wednesday, Aug. 11, 2010, 01:58 AM
Auto Remarketing
AUBURN HILLS, Mich. — In preparing for the U.S. launch of the Fiat brand, Chrysler is hosting a Fiat Experience later this month and has asked about 600 of its dealers to be at the event. These Chrysler stores are all located in one of markets where the automaker is looking to place the Fiat brand. Peter Grady, […] [Read More]
Porsche Cars North America Gains New CFO
Wednesday, Aug. 11, 2010, 01:56 AM
Auto Remarketing
ATLANTA — Porsche Cars North America has a new executive vice president and chief financial officer, the automaker revealed Tuesday. Taking the post is Thierry Kartochian, who takes over for Frank Hoffmann as he leaves the company to pursue other opportunities. Kartochian had been serving in concurrent roles as executive vice president of Porsche Business Services and […] [Read More]
Lithia Motors Expands in Montana
Wednesday, Aug. 11, 2010, 01:54 AM
Auto Remarketing
MEDFORD, Ore. — Lithia Motors added a new store to its network that gives the automotive group a bolstered presence in Montana and the chance to reach more consumers through a regional hub. Lithia revealed this week that it has bought Prestige Toyota, a Billings, Mont., dealership that brings about $33 million in annual revenues into […] [Read More]
GM Chief: We’re Making Smart Decisions & Making Them Fast
Tuesday, Aug. 10, 2010, 02:00 AM
Auto Remarketing
TRAVERSE CITY, Mich. — The General Motors of today is a faster-moving organization that doesn't waste time in making prudent decisions, the company's chairman and chief executive officer claims. In fact, the automaker puts forth the effort to make decisions that are smart for business, but is being quick about it, Edward Whitacre said last week during a speech at the CAR […] [Read More]
Chrysler Says It’s Making Progress
Tuesday, Aug. 10, 2010, 01:59 AM
Auto Remarketing
AUBURN HILLS, Mich. — Chrysler Group's effort to join its domestic manufacturing brethren with encouraging progress during the ongoing industry turnaround took another positive step Monday. The automaker released its second-quarter results, which included gains in net revenue, operating profit and available cash. Executives indicated net revenue in the second quarter came in at $10.5 billion, […] [Read More]
Man Freed from Jail After His Attorneys Claimed His Toyota Was Defective
Tuesday, Aug. 10, 2010, 01:58 AM
Auto Remarketing
ST. PAUL, Minn. — Defense attorneys convinced a Minnesota judge recently that a cruise control defect associated with a Toyota Camry, which was believed to make the vehicle accelerate uncontrollably, was enough evidence to set an imprisoned man free. In October 2007, Minnesotan Koua Fong Lee was convicted of criminal vehicular homicide and sentenced to eight years in prison. […] [Read More]
New Ford Ad Campaign Targets African-American Community
Monday, Aug. 9, 2010, 03:57 AM
Auto Remarketing
DEARBORN, Mich. — The new advertising campaign that Ford is rolling out aims to reach out to the African-American community and share not only the story of the company's turnaround, but recognize some of the African-American executives at Ford who have played a big role in the automaker's success. Through print, radio and digital ads targeted toward the […] [Read More]
GE Fleet Seminar Tackles Benefits of Benchmarking
Monday, Aug. 9, 2010, 03:54 AM
Auto Remarketing
EDEN PRAIRIE, Minn. — GE Capital Fleet Services is offering a free online seminar this week that will delve into how companies have utilized benchmarking to keep track of fleet performance and the benefits of doing so. The Webinar — which falls under GE's Spotlight Series — is slated to begin at 1 p.m. EST on Tuesday and will run until […] [Read More]
GM Announces New Dealership Network Numbers
Friday, Aug. 6, 2010, 02:00 AM
Auto Remarketing
DETROIT — In June, General Motors had 6,049 dealerships selling eight brands, with 87 brand combinations. After the arbitration process and Letters of Intent were sent out, the automaker says the new, smaller dealer network will be much simpler with about 4,500 dealerships, selling 15 brand combinations and four brands. While the new network is about […] [Read More]