When it comes to the coming tariffs and their effect on the auto retail sector, clarity is in short supply. So Landers Auto Group wants to make one thing clear: The tariffs won’t affect their current in-stock inventory. The Memphis-based group, which operates 12 dealerships in Tennessee and Mississippi, announced all of its vehicles currently […] [Read More]

A few weeks ago, the Auto Remarketing Podcast featured a discussion with three industry experts laying out reasons why franchise and independent retail dealers should consider adding a buy-here, pay-here component to their operation. In this episode of the podcast, Auto Remarketing associate editor Andrew Friedlander is joined by three more BHPH experts — Todd […] [Read More]

Yes, Amazon Autos is moving into the used-car market, as Automotive News and others reported earlier this month. But to be clear, it would not be a competitor to traditional dealerships, a la Carvana, CarMax, etc. It’s not a direct-to-consumer model. Instead, Amazon Autos would continue using a marketplace model, where dealer partners would use […] [Read More]

Rivian believes thinking small has big potential, and is spinning off a company to prove it. The electric vehicle manufacturer announced the creation of Also, Inc., a spinoff of Rivian’s micromobility business that will focus on small, lightweight vehicles designed to “meet the global mobility transportation challenges of today and tomorrow.” Rivian retains a “substantial” […] [Read More]

For many folks, March is the NCAA Tournament/“March Madness” month while for others, it’s the month of St Patrick’s Day and the ever-elusive “Luck of the Irish.” If you look at the car business today, it has hints of madness. We are looking at the beginning of a multi-million used-car shortage and a 50% drop […] [Read More]

Awards honoring dealers’ 2024 achievements have been announced, and two Ford dealerships in the West have reason to celebrate — again. Castle Rock Ford in the Denver metro area announced it was selected for the Ford Motor Company President’s Award for the third consecutive year. The dealership said the award recognizes Ford dealerships that prioritize […] [Read More]

Tekion is evolving its artificial intelligence offerings. The cloud-native platform serving the automotive retail ecosystem announced the launch of Tekion AI Agents, which it called “the next evolution of its AI-powered platform.” Tekion plans to launch a suite of AI agents for the automotive industry, beginning with Tekion AI Agent for Service, which the company […] [Read More]