The Dealer 5 | October 2, 2014

Dealer news from WardsAuto and around the web.

Steve Finlay, Senior Editor

October 2, 2014

2 Min Read
The Dealer 5 | October 2, 2014

Welcome to The  WardsAuto Dealer 5 - we've put together important items from WardsAuto.com and across the Internet. So let's go:

After a hot August for auto sales, they've cooled down a bit in September. Still, automakers sold 1.26 million units last month.Check out their individual performances.

It's not all fun and games at Bozard Ford and Lincoln, but management wants workers to enjoy themselves. The theory behind that: Employee satisfaction begets customer satisfaction.

Megadealer Sonic is the darling of Morgan Stanley. What's the attraction? The financial firm thinks Sonic is fixing to revolutionize auto retailing.

Her job was to put dealership money in the bank. Instead it went in her pocket. Now, she's spending time in prison for embezzlement. And she's got to pay the money back.

Here are seven ways dealers can lower their bond premiums.Our expert tells all...or at least a lot.

One more thing: When a metro Detroit dealer died in 1983, skeptics figured his Mexican-born widow couldn't run the store. But Irma Elder learned fast. She died the other day. Her deeds include building a 10-store dealership group. And, on a personal note, she was a class act.

To see all the day's dealer news and information, go to WardsAuto.com/Dealers. 

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