Dave Cantin Group, an automotive M&A firm, made a series of leadership moves on Wednesday. The company named Brian Brown as president of DCG Acquisitions, the company’s primary M&A arm; George Pero as national vice president of sales for DCG; and Brian Traugott as national vice president of operations for DCG. Brown joined DCG in […] [Read More]

The NYE Group has sold its six dealerships in upstate New York to Atlantic Coast Automotive Group, according to a news release from the Tim Lamb Group, which brokered the sale. Harold Nye founded NYE Group in 1968, and his son William Nye has helmed the group since 1998. The transaction closed May 24. “The […] [Read More]

Auto Remarketing has added a twist to our 40 Under 40 program. The program will now feature two separate awards: “Dealers Under 40,” which is sponsored by CARFAX and focuses exclusively on leaders from auto dealerships; as well as a 40 Under 40 for the overall industry, which will focus on the consignors, auctions, auto finance, vendors, […] [Read More]

AutoNation highlighted this week that the dealer group’s newest marketing campaign is designed to amplify the company’s commitment to delivering an “unrivaled” customer experience and “world-class” work environment. AutoNation’s new national advertising campaign is celebrating its associates coast to coast with the theme, “Go Be Great!” As the next evolutionary phase of AutoNation’s, “What Drives You, […] [Read More]

Carousel Motor Group, which is part of the Pohlad Companies, has launched an ecommerce platform to buy and sell used vehicles. The dealer group teamed up with Cox Automotive to develop the platform, which is called Carousel Online. The platform allows for an entirely digital buying process, including 360-degree virtual tours, concierge experts available online, […] [Read More]

If your dealership actually has a plentiful amount of certified pre-owned inventory to retail this Memorial Day weekend, the experts at Edmunds are steering potential buyers toward it — especially if that customer isn’t interested in waiting for a new model to arrive from the factory. “If you’re a habitual new-car buyer, certified pre-owned inventory […] [Read More]

AutoNation, TrueCar and wear blue: run to remember all collaborated to give a vehicle to a Gold Star Family member through the DrivenToDrive initiative. TrueCar’s DrivenToDrive initiative was started in 2016, inspired by Army Ranger and DrivenToDrive ambassador, Cory Remsburg, who was severely injured while serving in Afghanistan. According to a news release, the program […] [Read More]

Perhaps what’s now available at Advance Auto Parts will help calm any apprehension about battery status of used hybrid and electric vehicles your dealership's potential buyers might have. On Monday, the automotive aftermarket parts retailer announced the introduction of DieHard EV with xEV by Clarios, becoming what the company said is the first auto parts […] [Read More]

It’s been rough sledding for some dealerships, especially independent operators, to find the inventory they need with the ongoing wholesale price and volume landscape. However, that’s not been the case at all for Mike Wimmer, chief executive officer and Founder of AutoLenders, an independent operation in business since 1979 that retails and leases used vehicles […] [Read More]

This roundup of dealer group news begins with another dealership changing hands. According to a news release sent on Thursday, Vaughan Automotive has purchased Mike Calvert Toyota, one of the fastest-growing Toyota dealerships in Houston. While the pandemic made it challenging for many businesses, Vaughan Automotive said Mike Calvert Toyota retained its entire staff and […] [Read More]