| NCM Institute Introduces Management Training |
May 16th, 2013 |
The new courses offer focused training on the effective management of parts and accessories, the collision center and express service. The training will be available starting in May.
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| California Town Settles Land Dispute With Former Dealer for $1.4M |
May 16th, 2013 |
The former owner of a Montebello, Calif., dealership will receive $1.4 million despite unsuccessfully suiting the city twice over a 2009 land dispute.
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| Colorado Legislature Sides With Dealers |
May 16th, 2013 |
The state’s Senate Judiciary Committee voted unanimously to approve a bill that gives dealers more power in their negotiations with manufacturers. The legislation still needs to gain passage by the full legislature.
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| Manheim Expands Into Western Canada |
May 16th, 2013 |
Manheim Canada has signed a partnership agreement with Source Auto Auction, a newly created auction facility in Edmonton, Alberta.
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| 3 ‘P’s of F&I |
May 16th, 2013 |
His Madness covers three items you won’t find in any new-hire training manual but are critical to your career in F&I. Together, they make up the unwritten rules of life inside a dealership.
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| N.J. Dealer Sues Chrysler |
May 16th, 2013 |
Lucas Chrysler Jeep Dodge Ram has filed a lawsuit against the automaker for terminating its franchise agreement after the dealer failed to make expensive renovations to its facilities.
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| Clay Nissan Settles $1.5M Defamation Suit |
May 16th, 2013 |
The legal battle between Clay Nissan and the brothers of a former cancer-stricken employee is over, ending the family’s 10-month campaign against the dealership for terminating their sister.
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| Delinquencies, Repossessions Up in 2013, Experian Automotive Reports |
May 16th, 2013 |
In the first quarter of 2013, 30-day auto loan delinquencies rose 1.3 percent, 60-day delinquencies increased 12.4 percent and repossessions rose 16.9 percent when compared with the previous year.
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| Dealers See Boom in Certified Pre-Owned Market |
May 16th, 2013 |
Certified pre-owned sales are up 6.2 percent in the first three month of 2013 vs. the same period last year, Edmunds.com reports.
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| Credit Health on Approved Leases Strongest Since Recession |
May 16th, 2013 |
More than 77 percent of car lease customers were approved during April, up from 70 percent during the previous month, according to Swapalease.com.
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