Joe Overby, Senior Editor

Penske Automotive Group is buying another used-car retailer in the U.K., a move the group’s chairman says “almost doubles” its standalone pre-owned store business in the country.   The dealer group said Tuesday it has signed a deal to purchase The Car People, a used-car retailer with four... Read More

Costco Auto GM holiday sale grows 55%

Auto Remarketing Staff

Costco Auto Program announced Tuesday that now halfway through its Holiday Sales Event with General Motors, the program has already had 55 percent more Costco members register to take advantage of its exclusive offerings compared to last year. The Holiday Sales Event, which launched on Oct. 3, runs through... Read More

Dealers still optimistic on pre-owned car sales

Joe Overby, Senior Editor

Dealers are still feeling relatively optimistic about their user-car operations. And for independents, in particular, they’re starting to see some relief from supply shortages — albeit in the form of pricier units. As part of the fourth quarter Cox Automotive Dealer Sentiment Index, franchised and... Read More

Auto Remarketing Staff

Global fleet logistics company Transfercar has rolled out new rental fleet relocation services in Chicago, Boston and Minneapolis that offers drivers free one-way car rentals. In an effort to align rental car companies fleet relocation needs with consumer travel requirements, Transfercar is working with various... Read More

Auto Remarketing Staff

In an effort to eliminate distracted driving during the holidays, Jim Ellis Automotive Group recently announced that employees at each of its 15 dealerships are taking a pledge to be more attentive. For every person who takes the pledge before January, the group said it will make a donation to the National Safety... Read More

Auto Remarketing Staff

Franchised dealerships have seen scores of customers arrive at their service departments to have defective Takata airbags replaced. Now, it’s the automakers’ turn to be compensated for the matter. The special master in the criminal case involving Takata announced that he launched the $850 million... Read More

CPO car sales pass 2.4 million units

Joe Overby, Senior Editor

Certified pre-owned vehicle sales in November were steady with year-ago figures, and year-to-date numbers remained slightly above the pace from 2016. According to Autodata Corp., CPO sales climbed 0.1 percent year-over-year, reaching 202,824 units for the month. Through 11 months, there have been 2.42 million... Read More

Auto Remarketing Staff

AutoNation announced Monday that it is gearing up to host hiring events in Central and South Florida on Dec. 13 from 7:00 a.m. to 2:00 p.m. (ET). The company said hundreds of open sales and service positions are currently available in both South and Central Florida. Management representing more than 20... Read More