Resource Automotive Client Lithia Motors Receives Dealer Award
CHICAGO - Resource Automotive, Inc. announced that Lithia Motors, Inc. has been named F&I Dealer of the Year by F&I and Showroom magazine.
The award was presented to Steve Justice, F&I training manager, during a special ceremony at the magazine's Industry Summit 2011 in Las Vegas. Lithia was one of seven operations named a 2011 F&I Pacesetter, or finalist for the F&I Dealer of the Year award.
Lithia was founded in 1946 by Walt DeBoer as a Chrysler Plymouth Dodge franchise and has been headed since 1968 by chairman and CEO Sid DeBoer.
Lithia becomes the magazine's 11th F&I Dealer of the Year, an award sponsored this year by Resource Automotive. The Medford, Ore.-based group, which operates 86 dealerships in the Western and Midwest United States, represents one of the nations largest publicity traded dealer groups.
"I think our field of F&I Pacesetters was the strongest we've had in a long time," said Gregory Arroyo, executive editor of F&I and Showroom magazine. "What really stuck out to us about Lithia was their support team. Not many dealer operators have a team devoted solely to ensuring compliance, as well as monitoring performance levels and training F&I producers."
Chris Holzshu, CFO for Lithia, stated, "We're proud not only to be a top performer in this critical segment of dealer operations, but also to be recognized for our commitment to compliance and training."
Mike Frosch, president and COO for The Warranty Group, said, "Resource Automotive supports Lithia's strategy of building customer loyalty with every transaction, and we are honored to have played a part in their outstanding performance."
More Industry
RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Selling to Grow
The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.
Read More →
Recalled Vehicles Hit 5-Year High
Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.
Read More →
Auto Group Acquires Top-Performing Rooftop
Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.
Read More →
China as Pacesetter
Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.
Read More →
BMW Concept Car Makes Fuel to Burn
The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.
Read More →
South Carolina Auto Group Downsizes
Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.
Read More →