In a late-July interview with Auto Remarketing, Sonic Automotive president Jeff Dyke discussed the group’s potential for expansion in regions of the country where it wasn’t yet operating. Such growth came to fruition in a big way Wednesday, as Sonic announced it has agreed to purchase RFJ Auto Partners for $700 million — a move set […] [Read More]

AutoNation will have a new chief executive officer on Nov. 1. Mike Manley, who is head of Americas for Stellantis, will take over for Mike Jackson, who is retiring from his post as AutoNation CEO and board member. Manley will also become an AutoNation board member. “I am excited to join AutoNation and the executive […] [Read More]

Del Grande Dealer Group has added another Hyundai dealership to its footprint in Northern California. Del Grande has brought in Fremont Hyundai, formerly known as Hanlees Fremont Hyundai, to its lineup. This store, located in Fremont, augments the dealer group's existing lineup of 14 brands and 12 dealerships. The dealership brings the company's employee headcount to more than […] [Read More]

Adding its 10th dealership to its New Jersey lineup, World Auto Group has purchased the Subaru dealership in Hackettstown, N.J., on Route 46. The dealer group said the store will now operate as Subaru World of Hackettstown. This news comes less than a year after purchasing New Jersey's Audi Newton dealership.  The new dealership (Subaru World […] [Read More]

The rapidly growing online retailer Carvana entered two new Arkansas markets this week, expanding into Fayetteville and Fort Smith. Those represent its fourth and fifth markets in the state, respectively. “Growing our footprint in Arkansas helps us bring 'The New Way to Buy a Car' to even more customers looking for an easy, transparent car buying experience,” […] [Read More]

AutoNation said Wednesday it has opened the second of the five standalone used-car stores it plans to launch this year. AutoNation USA Denver 104 is the first of two pre-owned stores the retailer intends on opening in the area during 2021. By the end of 2026, the dealer group expects it will be operating more […] [Read More]

Lithia & Driveway announced two purchases Tuesday, one of which gives the company a presence in one of the largest markets in the Southeast: Atlanta. The retailer said it has acquired Curry Honda in Chamblee, Ga., giving Lithia its first store in the Peach State. Additionally, Lithia bought Orange Coast Chrysler Jeep Dodge Ram in […] [Read More]

Two of the nation’s publicly traded dealership groups announced respective acquisitions Monday, including one with a price tag in the hundreds of millions of dollars. Group 1 Automotive has entered a deal to buy Prime Automotive Group’s 30 dealerships and three collision centers in a deal that’s expected to be for $880 million. Meanwhile, LMP […] [Read More]

Women in Auto Care has gone above and beyond to help females looking to start their careers in the industry in year. In 2021 so far, the community of the Auto Care Association has awarded more than $175,000 in scholarship funding and starter tool sets to 63 female students across the U.S.  The group's scholarship program […] [Read More]

Last week, RumbleOn — one of the nation's largest retailer of powersports vehicles — announced the closing of its business combination with RideNow. This means RumbleOn, which offers an onminchannel buying experience for powersports customers, has acquired 100% of the RideNow dealership portfolio. "We are very excited to announce that we closed our business combination with RideNow, becoming the […] [Read More]