Author: Automotive News Feed
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Pre-owned vehicles drive sales, service, FandI
As new-vehicle sales slow and margins continue to tighten, the used-car department may be the center of the dealership’s “wheel of fortune.”
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Evelyn Davis defined the word “gadfly”
Evelyn Y. Davis, the self-proclaimed “Queen of the Corporate” Jungle, gave new meaning to the word “gadfly. She died Nov. 4 at age 89.
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Remembering Hella’s PACE Award-winning LED Matrix Beam
Hella’s PACE Award-winning LED Matrix Beam headlights could turn 25 LEDs on and off to shift high beams away from oncoming vehicles.
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Rivian buys into Normal
Rivian weighed the choices of greenfield, contract manufacturing or a brownfield site. In the end, Mitsubishi’s trained work force made the decision easy.
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Morrie’s stellar used-to-new ratio offers lessons for used-car success
Morrie’s Automotive Group dealerships sell significantly more used cars than new cars by mining for critical data and going outside the norm in their approach to selling used vehicles.
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Dealer anniversaries
Dealers featured this week include Gary Jaffarian, CEO of Jaffarian Volvo in Haverhill, Mass.; John Youngblood, dealer principal of Youngblood Nissan in Springfield, Mo.; Frank DeLuca, dealer principal of DeLuca Toyota in Ocala, Fla.
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BMW, Daimler profit warnings hit shareholder value
Uncertainty over international trading conditions, profit warnings from two leading German automakers and the death of a CEO all contributed to declines seen in the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services…
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Pennsylvania congressional race another tough job for Boerio
Former Jaguar chief Bibiana Boerio knew the Pennsylvania congressional seat would be a tough job. It was. She lost 58 percent to 42 percent to Republican Guy Reschenthaler.