Elite Car Covers

Nissan will put certified pre-owned stamp on non-Nissans

The expanded CPO program will generate revenue for Nissan and widen the brand's exposure to new customers.

Infiniti of Denver used valet service to boost business amid product void

Infiniti of Denver's valet service has boosted service department revenue and lifted customer satisfaction.

Fuccillo Automotive Group sells 10 dealerships in New York

Wally Darwish in April bought 10 franchised dealerships in New York state from Fuccillo Automotive Group and its president, Billy Fuccillo Jr., including domestic and import stores.

Acura, Mazda, Toyota and Chevy dealerships among stores purchased in Q1, Q2 transactions

Dealers buy import, luxury and domestic dealerships across five states in first-quarter and second-quarter transactions.

Market contraction continues in early May

April was the worst month for China's auto market since early 2020 as the country shuttered factories to combat fresh COVID-19 cases, undermining logistics and sapping demand.

Honda previews 2024 Prologue EV, new retail design

Honda's all-electric Prologue will leverage GM's Ultium platform and batteries and feature Honda's exterior and interior design.

2023 Genesis GV60 priced just under $60,000; 3 years of charging included

The 2023 Genesis GV60 electric compact crossover starts at a bit less than $60,000, including shipping. It includes three years of complimentary charging at stations in the Electrify America network.

Gus Machado, Cuban American dealership legend in Florida, dies at 87

Longtime auto dealer Gus Machado, “an entrepreneur’s entrepreneur,” died here May 16 at 87.

The owner of Gus Machado Ford in Hialeah, Fla., immigrated to the U.S. from Cuba at age 15 and settled in Miami in 1956, according to his dealership’s website. There, he borrowed $2,000 from his father to invest in a gas station and started exporting used vehicles to Cuba.

Machado owned a series of used-vehicle dealerships before he acquired his first franchise in 1982, with Gus Machado Buick. He sold the store two years later and bought Johnson Ford, which became Gus Machado Ford. In 2009, he added a second Ford dealership, now known as Gus Machado Ford of Kendall.

“Gus Machado is the North American success story,” Bill Wallace, owner of Wallace Automotive Group in Stuart, Fla., told Automotive News for a 2012 profile of Machado. “I love what Gus represents and what he’s done. Everybody who knows him reveres him. He is an entrepreneur’s entrepreneur.”

Machado made it a priority to have a staff fluent in Spanish to ensure that Spanish-speaking customers had the same shopping experience as English-speaking ones.

“Our priority in life is to remember that the customer, he might not be 100 percent of the time right, but he is 100 percent of the time our customer,” Machado said in the profile. “No matter what you do, you have to please him. You have to remember without customers, you don’t have any business.”

In 2008, Machado established the Gus Machado Family Foundation, which has contributed to nearly 50 charitable organizations in South Florida.

Pent-up vehicle demand could offset loss of shoppers as interest rates rise

Enough pent-up demand for cars exists to offset any potential customers dealerships would lose with rising interest rates, some industry experts say.

VW ID Buzz electric van to start at $57,220 in Germany

Passenger versions of the retro-styled van, which evokes the original air-cooled, rear-engine Microbus, will start at $67,891. Orders open May 20, with the first deliveries this autumn.

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