3 factors likely to buoy CPO sales

Arlena Sawyers , Correspondent

Volkswagen’s diesel emissions scandal is in the industry’s rearview mirror, and Bob Cockerham is excited about selling repaired certified pre-owned Volkswagen turbo-diesel cars — the only VW CPO vehicles that come with a two-year, unlimited-mile warranty. Cockerham said those emissions modified cars... Read More

Auto Remarketing Staff

Affinity Auto Program, which manages the Costco Auto Program, announced Tuesday that sales in 2017 surpassed two company records. Both total unit sales for the program overall and total unit sales during Costco's annual three-month Holiday Sales Event were record-breaking, the company said. According to... Read More

Auto Remarketing Staff

Here’s an important update for dealerships that might have 2006 Ford or Mazda compact trucks in their inventory or customers who are still driving these older models. According to announcements from the Blue Oval and the National Highway Traffic Safety Administration, Ford and Mazda said that they are expanding... Read More

Auto Remarketing Staff

CarMax recently announced that it has renewed its two-year commitment to veterans nonprofit The Mission Continues, which works to address local issues and make meaningful social change. The renewed partnership kicked off with a service project at Houston’s Roderick Paige Elementary School in honor of Martin... Read More

Auto Remarketing Staff

The Enterprise Rent-A-Car Foundation announced Monday that it has donated a total of $20 million to food banks over two years as part of its Fill Your Tank initiative, which aims to provide $60 million to address food insecurity in communities served. The companywide initiative was launched in 2016 to celebrate... Read More

Auto Remarketing Staff

Dealers and lawmakers recently found another way to gather in the shadow of Capitol Hill. Events DC, the official convention and sports authority for the District of Columbia and the Washington Area New Automobile Dealers Association (WANADA) welcomed the U.S. Senate Committee on Commerce, Science and Transportation... Read More

Used-car momentum only beginning for AutoNation

Joe Overby, Senior Editor

AutoNation opened three standalone used-car stores in 2017, rolled out its fourth in January and has plans to open its fifth AutoNation USA location — this time in Las Vegas — by the end of this quarter. What’s more, the retailer is making additions on the wholesale side of pre-owned, too, with plans... Read More

Arlena Sawyers , Correspondent

Penske Automotive Group will expand its standalone, used-vehicle supercenter footprint with three new used-car stores in the U.S., said chief executive Roger Penske. The company will open the greenfield sites under its U.S. brand, CarSense, which operates five used-car supercenter locations in Pennsylvania and New... Read More