Norm Reeves Dealerships to Pay $1.4 Million for Violating 2014 FTC Order
Auto Dealer Today Top News
Week of November 13, 2017
Top 5 News
1. Norm Reeves Dealerships to Pay $1.4 Million for Violating 2014 FTC Order
The Southern California-based dealer group was charged with violating a 2014 administrative order prohibiting it from misrepresenting in advertisements how much consumers could pay to finance or lease a vehicle.
2. Craig Robinson Named President of AAGI
The 20-year industry veteran and former executive with The Warranty Group will coordinate strategy and development for AAGI’s products, services, and technology. Tim Brugh, who held the title since May 2013, named CEO.
3. Manheim Launches Dealer Sales Channel
Manheim’s growing collection of digital and offsite offerings promises dealers more ways to buy and sell vehicles.
4. ADG Makes List of Fastest-Growing Companies
Automotive Development Group has been named to this year’s Inc. 5000 list of the fastest-growing companies, marking its first appearance and joining the likes of FitBit and Pandora.
5. Cordray Tells CFPB Staffers He Is Stepping Down
In an employee email obtained by F&I and Showroom, CFPB Director Richard Cordray announced he will leave his post by the end of November.
Top 5 Articles
1. What Are You Teaching?
Dealers can be good teachers or bad teachers, and their influence on employees extends well beyond the showroom walls.
2. Health Care Reform From the Dealer Perspective
The Trump administration has shifted its focus to tax reform, but the need to fix health care remains. Learn what’s at stake for dealers and other business owners.
3. 3 Things you Need to Know About AI
Forward-thinking dealers are leveraging the limitless power of artificial intelligence to boost sales and service revenue.
4. Retention by Design: Driving Growth for Lester Glenn Auto Group
Kerry Monica and John Perillo invested in a comprehensive retention program that has delivered an additional $274,000 in monthly labor and parts revenue.
5. F&I Pacesetters: Bob Moore Cadillac of Edmond
The Edmond, Okla., Cadillac dealership is one of two Cadillac stores in the Bob Moore Auto Group, a 14-rooftop dealer group founded by Robert W. Moore.
 

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