Carvana has started a new program to help its team members work toward completing an undergraduate degree. The program is called Carvana KEYS, with the acronym standing for Keeping Education in Your Sight. Through the internal initiative, Carvana team members can apply to seek financial and programmatic assistance toward earning their college degrees. Carvana KEYS […] [Read More]

DriveTime Automotive Group and Bridgecrest Acceptance Corp. are adding to their workforces at a time when the U.S. still is shedding thousands of jobs because of the pandemic. The companies announced they will be hiring more than 500 full-time workers nationwide for roles in retail, automotive repair and customer service as part of their 2021 […] [Read More]

Consignment-to-retail used-vehicle marketplace CarLotz nominated four individuals to its board of directors, with the company’s chief executive officer and co-founder Michael Bor describing them as “pioneers in their industries.” CarLotz recently announced it would become a public company via a merger with special purpose acquisition company Acamar Partners Acquisition Corp. The company said it nominated […] [Read More]

The digital retail space continues to evolve. But because of the pandemic, many manufacturers were forced to speed up the process, says Jon Sundberg, who is senior manager of digital solutions at J.D. Power. Sundberg was discussing the new J.D. Power 2021 U.S. Manufacturer Website Evaluation Study, which found that overall satisfaction of automotive manufacturer websites […] [Read More]

Be prepared to be flexible.  That’s something in which many dealers are well-versed, and it was part of a message that 2020 National Automobile Dealers Association chairman Rhett Ricart emphasized during a virtual presentation to the Automotive Press Association back in November.  Auto dealers, who were already adjusting their operations and business practices amid an […] [Read More]

This story appears in Auto Remarketing's upcoming Leading Dealer Groups issue. A sneak preview is available here to Cherokee Media Group Premium subscribers.  When it comes to its AutoNation USA standalone used-car stores, the nation’s largest auto retailer has “paid our tuition” and is embarking on a decade-long doctoral in pre-owned cars, so to speak. […] [Read More]

NADA Show 2021 is going virtual. The National Automobile Dealers Association is holding its annual convention and expo online from Feb. 9 through Feb. 11. When the move to digital was announced in October, NADA said in the release that among the features of the digital convention will be more than 60 educational workshops and […] [Read More]

Each year, Lake Charles Toyota contributes a scholarship to the SOWELA School of Transportation to help prospective students chase their dreams. Lake Charles Toyota, located in Lake Charles, La., has given more than $50,000 toward the local technical community college over the past nine years. That charitable work continued recently, as Lake Charles Toyota said […] [Read More]

As part of our association leadership series in the January edition of Auto Remarketing, we connect with the American International Automobile Dealers Association for a Q&A with its 2021 chairman, Steve Gates, who will formally begin that role in February. Gates is the owner of Gates Auto Family, with locations in Kentucky, Indiana and Tennessee. The emailed […] [Read More]

A&L Motor Sales closed 2020 and opened 2021 with a brand new, reimagined BMW showroom to showcase its inventory and more than seven decades of retailing experience. As part of its $15 million overall renovation, the luxury dealership east of Pittsburgh that represents BMW as well as Jaguar and Land Rover revamped its showroom to […] [Read More]