Call them tall wagons, cross-utility vehicles, segment busters, sports tourers, sport wagons, crossovers, cross-trainers, or just plain station wagons. Whatever they're named, they were the most obvious new design trend at the North American...
Is a customer better off to use home equity to buy an automobile? Or is dealer-financing a better option? Let's explore. Home equity loans became popular after a 1986 law phased out tax deducting consumer interest for installment loans and credit...
Greg Smith, new president and COO of Ford Financial, says the captive finance company takes a different approach to the Back to basics theme being preached at Ford Motor Co. in recent weeks. He explains, For us, we like to say, focus on the basics...
When things are good, the automakers seem to think they can play in our sandbox.We can't build the cars and by god, they can't sell the cars.Ron Tonkin of the Ron Tonkin Dealership Group, on his perspective of the dealer/OEM relationship. Chrysler...
Mel Farr is trying to keep a positive attitude about the closing of his two Ford dealerships in Waterford and Oak Park, MI, suburbs of Detroit. Farr, once a top megadealer, now plans to pursue a dream of opening a used-car superstore and new-car...
In harmony pay plans, the profitability of all departments is pooled and accordingly paid to managers of all departments. This has benefits. One of the most obvious is best explained with an example. Joe, the used-car manager in order to retain...
While e-commerce players often bemoan the reality that customers can visit or depart a Web site with a single mouse-click, others are embracing that ease of navigation to stoke sales. Specifically, they are paying Web site owners for every mouse...
NEW ORLEANS Dealers and manufacturers are embarking on what one auto executive deemed a new era of harmony, in contrast to the discord that has slipped into their relationships in recent times. We need to sweep out our old negative attitudes and...
Paramount Automotive Group opened a new state-of-the-art facility in Hickory, NC. At a cost of over $10 million, the new facility is over 70,000 square feet and features separate showrooms and service for Porsche, Volkswagen, Volvo, Cadillac and...
Ford Motor Co. will build the GT40 a modern version of an historic two-seat supercar and CEO William Clay Ford Jr., despite some initial reluctance, is appearing in a series of new ads. Ford Div. President James O'Con-nor and a GT40 that shared...