The team behind Florida’s Off Lease Only group of used-car dealerships has launched as sister brand in the Houston area. CarSquad, which has opened in Katy, Texas, gives shoppers the option of buying, selling or trading used cars in-person or online and offers from guidance from experts in making car-shopping decisions. In a news release, […] [Read More]

You’re in the market for a used car so you head to the mall. You drop into a store there, grab a cup of coffee, and start browsing the 3-D holographic selection of inventory. Sound like the future? It’s not. It’s possible right now at the evrdrive store in The Woodlands Mall in The Woodlands, […] [Read More]

Along with highlighting the successes of a classic car auction that raised money for the school, Northwood University announced on Tuesday that it will honor five automobile dealers from across the United States with its annual Dealer Education Award at the National Automotive Dealers Association convention in Dallas later this month. This year’s honorees include: […] [Read More]

In this special episode of the Auto Remarketing Podcast, we feature a panel discussion from Used Car Week with top analysts in auto retail. Moderated by Cherokee Media Group's Joe Overby, this panel includes Kevin Roberts of CarGurus, Zack Krelle of TrueCar, Karl Brauer of iSeeCars.com and David Greene of Cars.com. Stay tuned for more […] [Read More]

This dealer group news roundup includes a Blue Oval franchise store acquisition along with a philanthropic move during one of the recent college football bowl games. Carousel Motor Group, which includes dealerships serving the Twin Cities region, announced on Friday that it has acquired Hudson Ford, which according to a news release is the No. […] [Read More]

As an added benefit for Cherokee Media Group Premium Members, we are offering special episodes of the Auto Remarketing Podcasts featuring general sessions from Used Car Week in November. Our next special episode features the "Harnessing the Power of CPO in the New Reality" keynote presentation from Ben Bartosch of J.D. Power. To listen to […] [Read More]

It doesn’t appear the used-car retail market closed 2022 on a particularly high note. According to a forecast released Thursday by TrueCar, December was expected to wrap up with less than 2.5 million used-car sales. That would be a … [Read More]

SmartGroups and Automotive Reinsurance Concepts founder and chief executive officer Justin Osburn started 2023 with two major announcements aimed directly at helping independent dealers, which are facing some significant headwinds based on Cox Automotive’s latest research. First, Automotive Reinsurance Concepts introduced Independent Dealer University, a subscription-based online education platform designed to put “next-level” training easily […] [Read More]

Tonkin Automotive Group has sold its Acura of Reno dealership in Nevada to New England-based Key Auto Group, according to Performance Brokerage Services. In a news release, Performance Brokerage Services co-founder Jason Stopnitzky said: “We have been friends with the Tonkin family and their multi-generational dealer group for many years. They are a very special […] [Read More]

During this holiday week, the National Independent Automobile Dealers Association (NIADA) announced a move that marked the first time its 75-year history that the organization will be led by a woman. Late on Monday, NIADA said its board of directors unanimously selected chief financial officer Melanie Wilson as interim chief executive officer, handling day-to-day operations, […] [Read More]