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Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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SEARCHMENUSEARCHA collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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Ford Motor Co. said Tuesday it will recall 65,000 new Ford Fusion cars in North America because they could roll away, reported The Detroit News. The Dearborn automaker said the recall covers 56,500 2014-15 Fusion cars in the United States and about 8,500 in Canada and Mexico because the key can be removed 30 minutes ... Read More »
Read More →COLLEYVILLE, Texas – Justin B. Gasman, finance director for McCaddon Cadillac Buick GMC in Boulder, Colorado, passed the Association of Finance & Insurance Professionals (AFIP) Master Certification Exam with high marks, topping off a year of achievement. His dealership was nominated for F&I and Showroom’s “2014 F&I Pacesetter Dealer of the Year,” and he was ... Read More »
Read More →ORLANDO, Fla. — Billy Jackson has joined US Equity Advantage (USEA) as a regional account manager. He is responsible for servicing the company’s biweekly loan program for dealership partners in Arkansas, Colorado, Kansas, Louisiana, Missouri, Nebraska, New Mexico, Oklahoma and Texas. Jackson has a decade of F&I experience. Most recently, he directed the F&I departments ... Read More »
Read More →Chrysler Group LLC will start repairs on about 371,000 vehicles equipped with potentially defective Takata Corp. air bag inflators in December, nearly six months after it said it would comply with a request by U.S. safety regulators to make fixes, reported The WSJ. The company, in a letter to the National Highway Safety Traffic Administration ... Read More »
Read More →U.S. safety regulators have opened separate investigations into potential steering issues in an estimated 374,000 Honda Accord sedans and an estimated 17,000 Infiniti EX35 compact crossover vehicles, reported Reuters. The National Highway Traffic Safety Administration (NHTSA) has opened a preliminary evaluation into the failure of electric power steering in certain 2013 Accords made by Honda ... Read More »
Read More →TULSA, OK – Old Republic Insured Automotive Services, Inc. (ORIAS), a leading provider of aftermarket products to the automotive industry, reaches a milestone as it celebrates its 40th anniversary serving the retail automobile industry. Gary Bishop, ORIAS’ President, says nurturing partnerships, preserving the company’s core values and providing consistent, superior service has shaped the organization’s ... Read More »
Read More →The initial public offering of luxury carmaker Ferrari is expected to happen between the second and the third quarter of 2015, the chief executive of parent Fiat Chrysler Automobiles (FCA) said on Tuesday, reported Reuters. FCA CEO Sergio Marchionne said last month he would spin off Ferrari from the group, sell a 10 percent stake ... Read More »
Read More →OKLAHOMA CITY, Okla. — Mobile inspection company WeGoLook has launched its Digital Dealership Services this month for shoppers purchasing cars through eBay Motors, Autotrader.com, Cars.com, and more. The company specializes in onsite auto inspections nationwide. Agents are dispatched to take photos, video, and verify the seller’s claims on behalf of the buyer to complete a ... Read More »
Read More →TORRANCE, Calif. — Toyota Financial Services (TFS)recently celebrated its one-millionth econtract. The captive first introduced its electronic contract system in January 2013, enabling Toyota dealers to transmit contract packages electronically. “We saw an opportunity,” said TFS President and CEO Mike Groff. “The benefits of implementing an econtracting program were very clear from the start. With ... Read More »
Read More →JEFFERSON COUNTY, Texas — Sonic Automotive and Philpott Motors, which the dealer group owns, filed a lawsuit on Sept. 16 against multiple dealerships and a former employee for luring away employees. Kevin McCabe, who attended Sonic’s Leadership Academy Program in 2011 while working for Philpott Motors, left the dealership shortly thereafter and hired at least ... Read More »
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