AuSM Staff

It’s probably been a topic mentioned during sales staff meetings and around the coffee pot at franchised dealerships — stair-step programs sometimes leveraged by automakers to incentivize stores to get new metal rolled over the curb. Current National Automobile Dealers Association chairman Mark Scarpelli... Read More

J.D. Power's O'Neill to retire in March

AuSM Staff

J.D. Power chief executive officer and president Finbarr O’Neill will retire in March, the company announced Wednesday. In a news release, the company said O’Neill will stay on during the transition process when the new CEO takes the helm. Following that transition, he will be a senior adviser for J.D.... Read More

AuSM Staff

NIADA announced Tuesday that Spireon will contribute $100,000 to the NIADA Foundation's Disaster Relief Fund to help members of the automotive community recover from hurricanes Harvey and Irma. The association said Spireon chose to give to the NIADA Foundation Disaster Relief Fund because it was the quickest way to... Read More

AuSM Staff

AutoNation announced Monday that chief executive Mike Jackson recently joined Fort Lauderdale, Fla., Mayor John  Seiler to unveil a giant pink ribbon statue on Fort Lauderdale Beach in recognition of Breast Cancer Awareness Month. The 20-foot tall statue symbolizes the importance of raising awareness... Read More

KeyBanc dealer survey recaps August used slowdown

AuSM Staff

Along with projecting how third-quarter results might land for a trio of the large publicly traded dealer groups, KeyBanc Capital Markets recently shared its latest dealer survey that offered more clarity on how much Hurricane Harvey impacted used-vehicle sales in August. The survey results showed just a third of... Read More

Michigan dealer set to be 2018 NADA chairman

AuSM Staff

NADA’s top dealer leader again is hailing from near the Motor City. The National Automobile Dealers Association’s 63-member board of directors elected Wes Lutz as chairman for the 2018 term. “I am honored to serve as NADA chairman as we begin the next century following NADA’s 100 years of... Read More

Costco Auto Program launches GM holiday sale

AuSM Staff

The Costco Auto Program announced Wednesday that its most well-known promotion in conjunction with General Motors, the Holiday Sales Event, has launched and will run through Jan. 2. The exclusive member offer features GM supplier pricing and most current GM incentives, according to Costco. This year’s program... Read More

Best-ever 3rd quarter for CPO vehicle sales

Joe Overby, Senior Editor

With the best third quarter ever and a sales increase of more than 6 percent in September, the certified pre-owned market passed the 2 million unit sales mark for the year. The market remains ahead of the 2016 pace by one percent, meaning another record year is likely in the works.  Autodata Corp.,... Read More