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Calif. Legislators Seek New Rules for BHPH

SACRAMENTO — California State Assembly Member Mike Feuer (D–Los Angeles) and State Sen. Ted W. Lieu (D–Torrance) have proposed legislation that would introduce new rules designed to “rein in abusive practices” of buy here, pay here dealers statewide. The announcements followed a series of articles by Los Angeles Times reporter Ken Bensinger that sought to … Read More »

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Toyota, Lexus Offer Special Military Financing Program

TORRANCE —The captives for Toyota and Lexus are now offering special APRs and rebates to qualified military personnel and inactive reserves through participating dealers. “In appreciation for all that they have done, and continue to do, we hope these rebates and special APRs make it a bit easier for our men and women in uniform … Read More »

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CNA National Names New Regional VP

SCOTTSDALE — CNA National announced that Mark Wheeler was appointed to regional vice president, effective Jan. 6. “At CNA National, we continue to enhance our sales organization in order to expand our position as an industry leader,” said Alan Miller, senior vice president of sales. “Mark’s career is highlighted by multiple successes in the sales … Read More »

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Arroyo to Reprise Role as Chair of Agent Summit Advisory Board

LAS VEGAS — Organizers of Agent Summit 2012 announced that Gregory Arroyo, executive editor of F&I and Showroom magazine, has agreed to return as advisory board chair for second annual event, which is scheduled for March 12–14 at Caesars Palace in Las Vegas. “Last year’s board did an amazing job in making sure our agenda … Read More »

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BMW Keeps Sales Lead as Top Three Luxury-Car Makers Post Record Deliveries

Bayerische Motoren Werke AG retained its rank as the world’s biggest maker of luxury vehicles last year as the German manufacturer and its two closest competitors all broke sales records, propelled by demand in China. BMW-brand deliveries jumped 13 percent in 2011 to 1.38 million cars and sport-utility vehicles, the Munich-based manufacturer said today in … Read More »

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Joe Verde To Speak At Massachusetts State Automobile Dealers to Sold-out Crowd

ORANGE COUNTY – The Massachusetts State Automobile Dealers Association (MSADA) is welcoming sales and management training expert Joe Verde to speak at the group’s annual meeting in Boston, Mass. on Jan. 11. Verde aims to prepare association members for what they need to do now to take advantage of the 14,000,000 automobile sales that are … Read More »

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