A trio of domestic franchised dealerships changed hands, with the Tim Lamb Group facilitating the transaction involving Germain Motor Co., and Chesrown Automotive. The sale involved Germain Chevrolet-GMC, Germain Ford, and Germain Chrysler Dodge Jeep Ram in Sidney, Ohio going ... [Read More]

AutoNation has again hit the gas pedal on its Drive Pink campaign, launching a pair of new initiatives to support pediatric cancer hospitals and organizations. The auto retailer said it has partnered with Children’s Miracle Network Hospitals and the National ... [Read More]

Fast-growing America’s Group is adding to its leadership team with two new vice presidents. The parent company of America’s Auto Auction and AXLE Funding has promoted Melissa Miller to vice president of marketing and Summer Ernsberger to vice president of ... [Read More]

After the strongest month in nearly five years, wholesale auction sales were “substantially more muted” in May, but still up more than 3% from a year ago. And though down double-digits from pre-COVID level, year-to-date sales are performing favorably compared ... [Read More]

A Florida-based startup that’s “set to disrupt the vehicle acquisition software business and the traditional used-car inventory supply chain standards,” gained another $4 million in funding last week. Founded by Anthony Monteiro, a group of automotive industry legends and technology ... [Read More]

Dealership sales and service enablement software platform TradePending announced a strategic partnership with automotive data management platform Authenticom to integrate Authenticom’s data syndication with TradePending’s Value Watch product. The collaboration is designed to automate the enrollment of sold and serviced ... [Read More]

Rivian has created a fertile environment for robust demand for the two new models it will launch in the next few years, Rivian CEO RJ Scaringe said at recent investment bank conferences. That means consumers looking to buy a used Rivian EV at a lower price than the current market offers will have more selection to choose from, but that used supply isn’t likely to appear until 2028 and beyond. Meanwhile, pre-owned Rivians already out there are ... [Read More]

In a market still shaking off pandemic distortions and absorbing the economic uncertainty of new tariffs, certified pre-owned vehicles are again quietly emerging as an important strategic play for both automakers and their dealers. In light of current conditions — ... [Read More]