After articulating various points about what he’s so upbeat about the dealer group’s used-vehicle department current and future performance, Lithia Motor president and chief executive officer Bryan DeBoer staunchly defended how the company is fending off what the investment community is seeing as
Consumers' increased interest in both trucks and SUV’s over sedans is a shift the industry will have to wrestle with even more this year, says John Rickel, senior vice president and chief financial officer of Group 1 Automotive.
Fueled in part by its used-vehicle department performance, Lithia Motors reported the highest first quarter revenue and earnings per share in company history.
Car dealerships’ handling of leads outpaces other industries, according to Conversica, a provider of artificial intelligence driven lead engagement software for marketing and sales organizations.
SiriusXM announced on Tuesday that dealer group Rightway Automotive signed on to its Pre-Owned Program, which provides a three-month subscription to the radio company’s All Access package.
Autotrader’s list of the top certified pre-owned deals available this April names luxury brands only; the car shopping site’s picks for the month suggests that it is an ideal time for those interested in a CPO luxury vehicle to shop.
Penske Automotive Group said Monday afternoon it has bought Schumacher European, LTD., a Mercedes-Benz and Sprinter store in Phoenix that is next to Penske’s existing 15-franchise Scottsdale 101 Auto Collection.
Car and Driver is now giving auto dealers the opportunity to place their inventory listings in front of an estimated 12 million-plus monthly online visitors through its website’s new inventory listings product that matches its online content and vehicle search capabilities with a dealer’
In-car Internet service provider Autonet Mobile recently improved the inventory monitoring capabilities of Dealer Connect, its year-old connected car technology platform built to support fleet and dealership operations, the company announced on Monday.
Cox Automotive announced that on Monday, the company will launch Flash Forum, a new complimentary educational webinar series created to instruct dealers on how to improve results and successfully grow their wholesale and retail operations.