Tag Archives: Auto Dealers

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Muñoz tweaks Hyundai dealer pay plan amid mission to boost retail health

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Dealers said they left a meeting last fall in Las Vegas loving the new vehicles they saw, but not so much the early outlines of the pay program designed to elevate the brand’s distribution network. A positive outcome to the latest dealer drama at Hyundai and Genesis is crucial as they seek to move from challenger brands in the U.S. to top-tier competitors.

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Michigan, Tesla settle suit over direct vehicle sales

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The settlement says Tesla may “operate under existing Michigan law; sell cars to Michigan customers as long as the sales contract indicates the sale took place in a state other than Michigan; and, indirectly own service and repair facilities in Michigan through a subsidiary.”

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Corvette joyride lands GM employees in hot water

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Kentucky State Troopers arrested two GM employees near the Bowling Green Assembly plant for racing two 2020 Corvettes.

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Record-high subprime auto delinquencies on horizon, Cox says

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November and December saw record-high delinquency rates on subprime auto loans and may signal even more consumers will fall behind on payments in January and February. To compensate, lenders may restrict credit access further for subprime borrowers in 2020, Cox Automotive said.

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Shine hired to lead Fixed Ops Journal

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Automotive News has hired Dan Shine as editor of Fixed Ops Journal, the magazine that focuses on dealerships’ parts, service and collision departments. Shine will also oversee coverage of finance and insurance for Automotive News.

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New Research Shows Consumers Crave Convenience

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Brand experience centers, at-home maintenance, service pick-up and drop-off: These are the modern automotive dreams, new research shows.

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Legado Trust Provides Metrics F&I Performance Analytics to its Dealer Clients

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Legado Trust has chosen Metrics F&I by StoneEagle F&I as its performance analytics platform.

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AFC Intensifies Customer Focus with Key Promotions

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New positions leverage bench strength and customer relationships.

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Penn Warranty and Prime Auto Care Announce Leadership Transition

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The Penn Warranty Corporation and Prime Auto Care Inc. announced the addition of Brian Cosgrove to the Company’s executive leadership team.

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One In Ten U.S. Dealerships Now Use Sunbit

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Parts and services departments offering Sunbit see unprecedented growth.

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