Retail
Asbury opens renovated Dealership Support Center
Auto Remarketing Staff
Asbury Automotive Group’s reach is wide, covering 14 states from Massachusetts in the Northeast to Arizona in the Southwest. But its home is in the Atlanta area — and that home has just reopened following a major update. The dealership group, which operates 158 locations, 37 collision repair centers and F&I provider Total Care Auto, […] [Read More]
Startup sales platform HeyGreenlight brings veteran Kolde in as CRO
Auto Remarketing Staff
Startup company HeyGreenlight has greenlighted an experienced hand to lead its revenue strategy. The AI-powered platform focused on improving dealership conversations and performance has added Kerry Kolde as chief revenue officer to expand its dealer network growth and scale adoption. Kolde’s resume includes roles with recognizable auto industry names Cars.com, TrueCar, LotLinx and SpinCar (now […] [Read More]
Kunes’ Delavan Holdings takes ‘strategic step’ with addition of its first technology chief
Auto Remarketing Staff
Delavan Holdings has reached a “significant milestone” with the addition of a chief technology officer for the first time. Shawn Theesfeld has been hired to fill the role, which Delavan Holdings said “showcases the company’s continued growth and commitment to advancing its technology capabilities.” Delavan Holdings is an umbrella company created by Delavan, Wisc.-based dealership […] [Read More]
Dealer news: Dream continues growing in Florida; Porsche store gets new home; Kunes keeps United Way fundraising campaign going to $100,000 goal
Auto Remarketing Staff
The Dream grows in South Florida. Dream Motor Group, owned by College Football Hall of Fame coach Nick Saban, Joe Agresti and Steve Cannon, has acquired two dealerships in the area from Bill Seidle’s Automotive Group, according to The Presidio Group, which represented the buyer in the transaction. The addition of Bill Seidle’s Nissan and […] [Read More]
COMMENTARY: Why dealers need more than a broker when planning an exit
George Pero, Mach10 Automotive
Automotive retail M&A has matured. Capital is abundant. Buyer demand is strong. Close to 700 franchises changed hands in 2025, with a similar volume expected across the nation’s 18,300 franchised dealerships in 2026. On paper, dealers are in the driver’s seat. In reality, when a serious opportunity surfaces, an unsolicited offer, a strategic inquiry, a […] [Read More]
Dealer news: Ed Morse buys Iowa’s only Porsche store; Dimmitt earns top Cadillac honor — twice; Rick Case CEO joins reading initiative in Florida
Auto Remarketing Staff
Less than a year after it opened, the only Porsche dealership in Iowa has been sold. The Ed Morse Automotive Group announced it has acquired Porsche Des Moines from Woodhouse Auto Family, which launched the store last July to bring a Porsche retail outlet to the city for the first time since 2008, when Ramsey […] [Read More]
CarMax order to pay $1.1M to settle California lawsuit over registration & ownership documentation
Auto Remarketing Staff
For the second time in about a month, CarMax has reached a settlement to resolve allegations of wrongdoing. The newest one is in connection with the district attorney for Riverside County in California. According to a news release distributed at the end of March, CarMax has been ordered to pay $1.1 million to resolve a […] [Read More]
TruVideo provides trade schools with free software to train auto techs on video, communication skills
Auto Remarketing Staff
The job of a technician in an auto service business is no longer just about the car. It’s also about communicating with customers, but that’s not necessarily something techs have been trained to do. TruVideo aims to do something about that. The provider of AI-powered video and messaging communication technology has launched a new initiative […] [Read More]
Dealer news: One of America’s oldest dealerships changes hands; M&A activity in Valencia, Calif.
Auto Remarketing Staff
One of the nation’s oldest dealerships has a new owner. Eich Motor Company, which includes Eich Mazda and Eich Volkswagen in Saint Cloud, Minn., has been acquired by David Luther and Luther Automotive Group from Linda Eich-Desjardins. Performance Brokerage Services, which represented the seller in the transaction, said Eich Motor Company is acknowledged as the […] [Read More]
Dealer news: Classic Chevrolet to celebrate No. 1 with parade; Florida store earns Audi Elite status
Auto Remarketing Staff
Classic Chevrolet is No. 1 again. And as such, it’s planning a classic celebration. The dealership in Grapevine, Texas, announced it has been recognized as the world’s top-selling Chevrolet dealership by the manufacturer for the third consecutive year and 12th time overall, an achievement it will commemorate with a championship parade and trophy presentation on […] [Read More]
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