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August 28, 2017 - Industry News

Asbury’s Monaghan to Retire; Successor Named

Craig Monaghan will step down as Asbury's president and CEO on Jan. 1 after nine years as the group's chief executive. David Hult, the company’s COO since November 2014, was named his successor.

Tags: Asbury Automotive, Craig Monaghan, David Hult, employment, hires

April 17, 2017 - Industry News

NADA: New-Car Dealerships Employ Record Numbers in 2016

According to the trade group’s NADA Data 2016 report, dealership employees had one of the highest average salaries of any industry.

Tags: employment, F&I, fixed operations, NADA Data Report, National Automobile Dealers Association, new-vehicle sales, used-vehicle sales

December 21, 2016 - Industry News

Dave Zuchowski Out as Hyundai President, CEO

The automaker’s Chief Legal and Safety Officer, W. Gerald Flannery, takes over as interim president and CEO while the company searches for Zuchowski’s replacement. Flannery has been with the company since 1987.

Tags: employment, Hyundai, Hyundai Genesis

November 29, 2016 - Industry News

Judge Blocks Labor Department’s New Overtime Pay Rule

The department’s rule to extend mandatory overtime pay was set to take effect this Thursday. It is now on hold after a federal judge agreed last week with 21 states and more than 50 business groups that the rule was unlawful and granted their motion for a nationwide injunction.

Tags: employment, Fair Labor Standards Act, U.S. Department of Labor

May 19, 2016 - Industry News

Labor Department Publishes New Overtime Pay Rule

The finalized rule updating overtime regulations will automatically extend overtime pay protections to more than four millions workers within the first year of implementation. The NADA said it is developing outreach materials on the rule’s impact on dealerships and is evaluating potential participation in potential litigation and Congressional oversight.

Tags: employment, Fair Labor Standards Act, U.S. Department of Labor

July 17, 2015 - Industry News

CFPB Deputy Director Steve Antonakes Steps Down

After nearly five years with the CFPB, Deputy Director Steve Antonakes is stepping down from his position as the bureau’s No. 2 official to spend more time with his family.

Tags: CFPB, Consumer Financial Protection Bureau, employment, Richard Cordray, Richard Hackett

June 24, 2015 - Industry News

Exeter Finance Appoints New Executive VP

Exeter Finance Corp. named Martin Evans as its new executive vice president and chief human resources officer.

Tags: employment, Exeter Finance Corp., Hiring, Human Resources

June 16, 2015 - Industry News

IAS Names New Regional Sales Manager

Sean Dawson, who formerly worked with dealers in roles at PermaPlate and TD Auto Finance, has been selected as a regional sales manager for IAS.

Tags: AutoNation, employment, Hiring, IAS, TD Auto Finance

June 9, 2015 - Industry News

AAGI Names Chief Financial Officer

American Auto Guardian has announced the promotion of Hari Subramania to the position of chief financial officer.

Tags: AAGI, American Auto Guardian, employment, Promotions

April 1, 2015 - Industry News

US Equity Advantage Expands Dealer Services Support

US Equity Advantage has expanded its dealer services team to include business development specialists who will work directly with F&I managers at the company’s dealership partners.

Tags: employment, Hiring, training, US Equity Advantage

March 31, 2015 - Industry News

National Automotive Experts Adds VP of Operations

Gabriella Roberts has joined the National Automotive Experts’ executive management team as vice president of operations.

Tags: employment, Hiring, National Automotive Experts

March 31, 2015 - Industry News

SMART Payment Plan Appoints Compliance Officer

Jackson Bigham has been named chief compliance officer of SMART Payment Plan. In that role, he will be responsible for managing SMART’s state and federal regulatory compliance and regulatory reporting.

Tags: compliance, employment, Hiring, SMART Payment Plan

November 11, 2014 - Industry News

Sonic Files Suit Against Former Employee for Luring Away Employees

Sonic and Philpott Motors have filed a lawsuit against a former employee who left the dealership and hired seven other employees to come work for him.

Tags: employment, Lawsuit, Sonic Automotive

May 22, 2014 - Industry News

NADA: U.S. Dealers Employ More Than 1 Million People

The number of people employed by the automotive retail industry topped the 1 million-person mark last year, with the average new-car dealership employing, on average, 57 people, the NADA reports.

Tags: employment, NADA, National Automobile Dealers Association, New-Car Sales

April 8, 2014 - Industry News

DealerRater Names New CEO

DealerRater has selected former J.D. Power executive Gary Tucker as its CEO. In his new role, Tucker will be responsible for leading the company through its next phase of growth.

Tags: Dealerrater, employment, Hiring, J.D. Power and Associates

February 11, 2014 - Industry News

BLS: Auto Industry Adds 42,000 Jobs Since Last Year

Source: Bureau of Labor Statistics

The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.

Tags: automotive, BLS, Bureau of Labor Statistics, dealer, employment, Income, job growth, Labor

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