Family businesses aren’t inferior to corporate enterprises. A properly run car dealership will do well, whether it is owned by a major corporation or mom, dad and the grown kids....More
Publicly owned Lithia, a perennial top player on the WardsAuto Megadealer 100, sold 58,398 used cars in 2011, nearly 10,000 more than the year before....More
Overproduction, particularly by domestic auto makers, glutted the market, forced dealers to take cars they didn’t want, drove down prices, hurt residual values and betrayed customers, he says....More
Interest in autonomous vehicles continues to grow, but technical, legal, regulatory and cost hurdles remain. When will true driverless cars reach the U.S. market?
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