February 15, 2017 - Industry News
Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all segments, according to the vehicle valuation firm.
Tags: Black Book, depreciation, Luxury Vehicles, used vehicles
September 1, 2016 - Industry News
WLC will add 10 luxury brands, including Acura, Audi, BMW, Jaguar, Land Rover, Lexus, Mercedes-Benz, MINI, Porsche and AMG, to Walser's existing 15 franchises, according to the company.
Tags: Acquisition, Dealer Group, Dealership, Luxury Vehicles
August 24, 2016 - Industry News
Among the 24 automotive brands tracked by the American Customer Satisfaction Index, 16 showed improvement and five showed declines. Three of those declines came from premium brands, the most notable being Volkswagen.
Tags: customer satisfaction, Domestic Vehicles, Luxury Vehicles
April 14, 2016 - Industry News
North Freeway Hyundai has reached an agreement with Hyundai Motor America to become the first dealership to showcase, sell and service the new Genesis brand and its luxury vehicles, according to a North Freeway Hyundai announcement.
Tags: Hyundai, Hyundai Genesis, Luxury Vehicles
November 4, 2015 - Industry News
Hyundai plans to launch six new models by 2020 under its Genesis nameplate, which will operate as a standalone global luxury brand.
June 30, 2015 - Industry News
The former owner and operator of Costa Mesa Bellagio Motors, a car dealership that specialized in buying and selling high-end luxury vehicles, was sentenced this week after pleading guilty to embezzling more than $2 million from unsuspecting customers.
Tags: compliance, embezzlement, fraud, Luxury Vehicles, prison
January 22, 2015 - Industry News
Cadillac will be implementing a luxury focused, boutique experience at 700 dealerships in the company’s U.S. dealer network of 900 stores, according to Cadillac president Johan de Nysschen.
Tags: Cadillac, dealership marketing, Luxury Vehicles
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