Retail
Dealer news: NADA urges House to revoke Calif. emissions waivers; Krause Auto Group adds Fla. store
Tuesday, Apr. 29, 2025, 04:31 PM
Auto Remarketing Staff
The National Automobile Dealers Association has doubled down on its push against California’s rigid vehicle emissions plan. NADA president and CEO Mike Stanton sent a letter to all members of the U.S. House of Representatives urging them to pass a resolution to revoke a waiver that allows California to enforce its Advanced Clean Cars II […] [Read More]
AutoNation Q1 used profitability surged; retailer sees used as tariff cushion
Tuesday, Apr. 29, 2025, 04:17 PM
Alysha Webb, Correspondent
As the retail auto world braces itself for the impact of tariffs on new-car sales, AutoNation sees used-car sales as a potential cushion against that impact, but supply remains a challenge, its executives said on the auto retailer’s first quarter earnings call.
Used is an area that is less impacted by tariffs, AutoNation CEO Mike Manley said, so it is an area of ... [Read More]
Hendrick to buy Love Automotive; Dealer groups earn annual awards from GM, Honda
Thursday, Apr. 24, 2025, 12:05 PM
Auto Remarketing Staff
Hendrick Automotive Group is returning to South Carolina’s capital. The Charlotte, N.C.-based dealer group, which is the largest privately held auto retailer in the U.S., said Thursday it will be acquiring Love Automotive. Hendrick said the acquisition is expected to happen in June and close by July. The purchase of the Columbia, S.C.-based group would […] [Read More]
Dealer group news: Jerry Seiner group expands to Calif.; Kowalis goes solar
Tuesday, Apr. 22, 2025, 12:47 PM
Auto Remarketing Staff
Jerry Seiner Auto Group has expanded to California and added its first Honda store. The dealer group has purchased Ocean Honda of San Juan Capistrano in Orange County, Calif., from Victory Automotive Group, according to a news release from Pinnacle Mergers & Acquisitions, which represented the seller. Victory Automotive CEO Jeffrey Cappo said in the […] [Read More]
COMMENTARY: As with April showers, when it rains it pours
Monday, Apr. 21, 2025, 02:27 PM
Robert Grill, CARFAX
Could the environment get any crazier for the used-car supply line? First of all, dealers are facing an multimillion supply shortfall over the next three years, along with a 50% reduction in lease returns. That’s because leasing took a big hit way back in 2021. Now, there’s uncertainty for the supply of new cars, which […] [Read More]
AutoNation hires former Nissan, Disney executive as CMO
Monday, Apr. 21, 2025, 02:15 PM
Auto Remarketing Staff
AutoNation said Monday it has hired former Nissan executive Jeremy Tucker as its new chief marketing officer, replacing Rich Lennox, who left the retailer after two years. Tucker was most recently executive vice president, global chief marketing officer and chief franchise officer at Spin Master. During his time at Nissan Motor Co., he was head […] [Read More]
Honda dominates Kelley Blue Book’s Consumer Choice Awards
Thursday, Apr. 17, 2025, 11:20 AM
Auto Remarketing Staff
The people have spoken. And what they’ve said to Kelley Blue Book is, “We love Honda.” Honda dominated KBB’s 2025 Consumer Choice Awards, nearly sweeping the non-luxury categories with five wins, including Best Overall Brand. The Japanese automaker was also named the Most Trusted Brand, the Best Value Brand, the Best In-Vehicle Experience Brand and even […] [Read More]
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