When stocking vehicles for subprime buyers, a good target and rule of thumb is to look for vehicles you can buy $1,000 to $1,500 back of wholesale book. Finding these vehicles allows you to cover the fee structure of your lenders and still make a...
Is it a shootout at the OC Corral? In this city in California's Orange County, a new $75 million Lexus dealership now sits almost squarely across the street from Fletcher Jones Motorcars, the nation's top-selling Mercedes-Benz dealership. Some...
There's a trend in which car dealerships use local television stations' web sites as an Internet alternative to drive sales. Accessed through station web sites, portals to dealership information can assist consumers looking to buy, sell, service...
Bracing for an anticipated third-quarter loss of $1.5 billion, and squirming under the hot spotlight of a new cost-cutting initiative, Chrysler Group now admits its vehicle stocks were higher than reported. A pool of unsold vehicles in July and...
As the automotive accessories industry grows, 14 automakers participated in the annual Specialty Equipment Manufacturers Assn. Show this month in Las Vegas. We are very pleased to celebrate the 40th anniversary of the SEMA show this year with the...
Although the '07 Volkswagen Eos, shown at a press preview in this laid-back city, includes some innovative features, retractable hardtop convertibles aren't new. Peugeot Automobiles built them in Europe before World War II. Then there was the Ford...