Concerns about the coming auto tariffs sent car shoppers racing to dealerships in March, according to a report by Cloud Theory. The automotive data analytics firm’s quarterly “On the Horizon” report found the consumer fears about the potential impact of the tariffs, implemented April 3, led to an additional 153,000 new vehicle sales last month. […] [Read More]

Are tariffs on every car shopper’s mind? Maybe not, but data from Car Wars indicates “a significant shift” in customer conversations, with more dealership customers talking about the issue in the week before President Trump’s 25% auto tariffs took effect on April 3. The provider of call tracking, texting and phone technology for auto dealerships […] [Read More]

FM Capital, a venture capital firm focused on early-to-mid stage technology companies in automotive and transportation, announced it has completed its largest fund close to date. FM said its Fund IV raised $240 million. The oversubscribed round included new and existing investors including dealers, distributors, OEMs, suppliers, insurers and other industry-related entities. “We’re elated that […] [Read More]

Vic Vaughan Toyota of Boerne is ready to get its new service center off the ground. The dealership in the San Antonio suburb of Boerne, Texas, will break ground on its 28,639-square-foot facility with a ceremony Tuesday. “As our dealership continues to grow, so does our commitment to providing an unparalleled service experience for our […] [Read More]

Lamenting. Bracing for impact. Embracing. Preparing. Seeing an opportunity. Those are but a few of the ways auto dealers are responding to the Trump administration’s 25% tariff on vehicles imported to the U.S. — a policy that became effective Thursday. In statement Wednesday, Cody Lusk — president and CEO of the American International Automobile Dealers Association, which representing U.S. franchise dealers selling import brands — said that ... [Read More]

CarMax’s credentials as an employer are hard to argue with. The national used-car retailer has added another accolade in that area this week, as Fortune magazine and Great Place To Work have named CarMax as one of the 100 Best Companies to Work For in 2025  — the 21st consecutive year it has earned that […] [Read More]

AutoNation’s already formidable presence in the Denver market has grown again. The nationwide auto retailer said it has acquired Groove Ford and Groove Mazda in suburban Englewood, Colo., from Summit Automotive Partners. With the new additions, AutoNation now operates 22 locations in Colorado, mostly concentrated in the Denver metro area. The new stores are the […] [Read More]

Rick Case Automotive Group and its president and CEO, Rita Case, helped Soles4Soles foot the bill for new shoes for nearly 500 children in Fort Lauderdale, Fla. Volunteers from Rick Case Cares joined those from other area businesses to deliver brand-name athletic shoes, socks and books to students at North Fork Elementary School through the 4EveryKid […] [Read More]

When it comes to the coming tariffs and their effect on the auto retail sector, clarity is in short supply. So Landers Auto Group wants to make one thing clear: The tariffs won’t affect their current in-stock inventory. The Memphis-based group, which operates 12 dealerships in Tennessee and Mississippi, announced all of its vehicles currently […] [Read More]

A few weeks ago, the Auto Remarketing Podcast featured a discussion with three industry experts laying out reasons why franchise and independent retail dealers should consider adding a buy-here, pay-here component to their operation. In this episode of the podcast, Auto Remarketing associate editor Andrew Friedlander is joined by three more BHPH experts — Todd […] [Read More]