DealerPolicy announced a $30 million round of Series B funding on Tuesday, which the company plans to use for developing its insurance marketplace serving the auto retail business as well as expanding its team. The latter includes the addition of a president and chief operating as well as a senior vice president of sales. Named president and […] [Read More]

Asbury Automotive Group announced Monday it appointed longtime Toyota executive William Fay to its board of directors. The appointment of Fay was effective Thursday. Asbury chief executive officer David Hult said the appointment of Fay could place Asbury in a stronger position to execute on its five-year strategic plan that the company released in December. Fay, who spent more […] [Read More]

A new program called AAA Inspected, powered by SureSale, provides information to help consumers to feel sure about the used vehicle they are purchasing. That includes an independent inspection by a certified mechanic and a Factfile vehicle report. AAA Club Alliance and used-vehicle platform SureSale on Monday launched the program, which also provides a thorough […] [Read More]

Kia has produced Super Bowl advertisements for 10 years. But rather than advertise in Super Bowl LV on Feb. 7, Kia will “Accelerate the Good.” The automaker will continue that program, which it started in 2019 with the Great Unknowns Scholarship to help young people in need participate in higher education. The start of the […] [Read More]

While it likely will be some time before the decision significantly impacts your dealership’s used-vehicle industry, General Motors put a timeline on when it wants to depart from the business of manufacturing vehicles that run on gasoline or diesel fuel. On Thursday, GM announced that it is looking to eliminate tailpipe emissions from new light-duty […] [Read More]

Through a new partnership between Schomp Automotive and Safe-Guard Products International, Schomp Automotive now provides an F&I product package to Schomp dealers under the One Protect brand, along with OEM-branded products. Schomp Automotive Group, a family-owned dealer group with eight stores in Colorado and Utah, said the One Protect brand includes 12 fully branded protection […] [Read More]

Social advocacy platform Quantum5 has appointed Germain Toyota of Naples general manager Brian Kramer to its advisory board. Quantum5, which says it transforms dealership training through its lifetime value model, described Kramer as an industry thought leader for digital transformation. For Germain, Kramer served in several different roles before he became a general manager of […] [Read More]

The Automotive Trade Association Executives, or ATAE, has elected Scott Lambert as its 2021 chairman. The election took place virtually at the ATAE annual winter meeting on Thursday. Lambert is president of the Minnesota Automobile Dealers Association and has been with that group for more than 30 years, supporting Minnesota’s more than 375 dealers. He […] [Read More]

The Larry H. Miller Group of Companies is growing its overall automotive footprint by delving into the insurance world. In partnership with Leavitt Group, the company on Tuesday announced the launch of Larry H. Miller Insurance Services, an independent insurance agency that will offer LHM customers auto, home, life and business insurance. Company leaders highlighted […] [Read More]

According to a new study, consumers no longer compare car buying to a stubborn root canal. In fact, as auto dealers move more steps of the retail process online, consumer satisfaction is at an all-time high. “According to our data, car buyers have never been happier,” Cox Automotive vice president of research and market intelligence […] [Read More]