Auto Remarketing Staff

Another large dealership group in Pittsburgh is going through a change in ownership. A little more than a month after Lithia Motors expanded its operations by securing Baierl Auto Group, GPB Capital announced on Monday that the New York-based asset management firm has acquired a majority stake in Kenny Ross Automotive... Read More

Lithia anticipates used-car growth from Q2

Joe Overby, Senior Editor

Based on preliminary results released Wednesday, Lithia Motors is expecting its same-store used-car unit sales to have increased 4.6 percent in the second quarter. Meanwhile, Lithia is anticipating a 3.8-percent to 4.1-percent increase in used-vehicle retail same-store sales. All this part of a quarter where early... Read More

Kerrigan Advisors adds accounting expert as VP

Auto Remarketing Staff

Dealership buy/sell advisory firm Kerrigan Advisors this week hired a new vice president who has been involved in accounting consulting to more than 150 dealerships across the country. Kerrigan Advisors announced that Mercedes Hendricks has joined the firm as vice president, bringing extensive certified public... Read More

Nick Zulovich, Staff Writer

Another development in the ongoing Takata airbag recall saga might mean some vehicles at the auction you frequent — or perhaps even units already in your dealership inventory — could be equipped with airbags that need replacing. The National Highway Traffic Safety Administration on Tuesday said 2.7 million... Read More

Auto Remarketing Staff

The newly released Prospect Satisfaction Index U.S. Auto Industry Benchmarking Study by Pied Piper Management Company has ranked Nissan’s Infiniti brand dealerships the highest for a second year. Toyota’s Lexus brand ranks second, and dealerships selling Mercedes-Benz are ranked third. Pied Piper’s... Read More

Autotrader names top summer CPO deals

Auto Remarketing Staff

With consumers taking advantage of both pleasing gas prices and the time to shop around this summer, Autotrader has come out with its top picks for certified pre-owned deals in July, which include promotions by eight different automakers. "For shoppers that are looking for great value in their next car, but are... Read More

NIADA sets new convention attendance record

Auto Remarketing Staff

For the second year in a row, the NIADA Convention and Expo was the largest ever. The National Independent Automobile Dealers Association highlighted that the final count is in, and it shows this year’s convention, held June 12-15 at The Mirage in Las Vegas, edged the 2016 total for most attendees in the 71-year... Read More

Auto Remarketing Staff

To kick off summer, the Jim Ellis Automotive Group wrapped up a successful charitable campaign where a portion of each sale during the month of May went to support local first responders.  Thanks to the support of old and new customers alike, a total of $65,000 was raised and is being divided evenly between 10... Read More