The Federal Trade Commission’s settlement with Bronx Honda this year marks the first time the regulator has brought an unlawful discrimination claim against a car retailer. Compliance experts believe it could be a gateway to increased enforcement actions against dealerships by the FTC. Dealerships should work particularly hard in this …
Read More »2021 Ford Bronco Is a Big Deal for Bronco Fans and Dealerships, and They Intend to Party
The 2021 Ford Bronco unveiling, happening on Monday, July 13, at 8 p.m., will be the occasion for viewing parties around the country, both online and at dealerships. Dealerships will show off vintage Broncos and serve food while customers watch the event unfold on big screens. Car and Driver was …
Read More »Ally launches ?reopening’ kits, programs for dealerships
As dealerships nationwide work to welcome customers back to showrooms following weeks of closures related to COVID-19, Ally Financial Inc. is offering marketing advice and materials to smooth the transition. Ally, one of the largest U.S. auto lenders, is distributing packages to dealership clients to aid stores’ reopening efforts and …
Read More »Dealership’s F&I office makes house calls
When coronavirus-related stay-at-home orders led the Las Vegas Strip to go dark — reportedly for the first time since the assassination of President John F. Kennedy in 1963 — anxiety rippled through the community that is the customer base of Gaudin Ford. “You’d be hard-pressed to find someone who doesn’t …
Read More »Pros and cons of ‘buy here, pay here’ dealerships
Some dealers claim “we finance anyone,” but it may come at a price Other options include applying for approval before you shop What are “buy here, pay here” dealerships? “Buy here, pay here” dealerships not only sell cars but effectively act as the bank, too, by providing in-house financing, typically …
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