NADA Show 2021 is going virtual. The National Automobile Dealers Association is holding its annual convention and expo online from Feb. 9 through Feb. 11. When the move to digital was announced in October, NADA said in the release that among the features of the digital convention will be more than 60 educational workshops and […] [Read More]

Each year, Lake Charles Toyota contributes a scholarship to the SOWELA School of Transportation to help prospective students chase their dreams. Lake Charles Toyota, located in Lake Charles, La., has given more than $50,000 toward the local technical community college over the past nine years. That charitable work continued recently, as Lake Charles Toyota said […] [Read More]

As part of our association leadership series in the January edition of Auto Remarketing, we connect with the American International Automobile Dealers Association for a Q&A with its 2021 chairman, Steve Gates, who will formally begin that role in February. Gates is the owner of Gates Auto Family, with locations in Kentucky, Indiana and Tennessee. The emailed […] [Read More]

A&L Motor Sales closed 2020 and opened 2021 with a brand new, reimagined BMW showroom to showcase its inventory and more than seven decades of retailing experience. As part of its $15 million overall renovation, the luxury dealership east of Pittsburgh that represents BMW as well as Jaguar and Land Rover revamped its showroom to […] [Read More]

The Crown Automotive Group has acquired its third Tennessee dealership, Kelly Subaru in Chattanooga. Crown’s Tennessee market footprint also includes Crown Chrysler in Chattanooga and Crown Chrysler in Cleveland. The Kelly family has served the Chattanooga community for more than 80 years, and Crown president and chief operating officer Jim Myers said the Kelly team […] [Read More]

Used-vehicle sales for 2020 were expected to finish 6% softer than the final 2019 tally, but it appears the year at least closed on a positive note for pre-owned. In a forecast released Dec. 28, TrueCar was projecting 3.1 million used-vehicle sales for December, which would beat November sales by 7% and prior-year figures by […] [Read More]

Roger Dean Chevrolet, located in West Palm Beach, Fla., is now Mike Maroone Chevrolet,  as Maroone USA takes on full ownership of the dealership. Maroone USA, which operates six dealerships in Florida and Colorado, said it partnered in 2017 with Patty Dean, daughter of namesake Roger Dean, to jointly own and manage the West Palm […] [Read More]

Noting that the acquisition makes it one of the fastest-growing U.S. dealer groups, the Feldman Automotive Group has acquired Al Deeby Chrysler Dodge Jeep Ram in Clarkston, Mich. With the purchase, the Feldman portfolio gains a second FCA dealership, and the group’s footprint expands to 14 Michigan and Ohio dealerships. The 23,000-square-foot dealership is located […] [Read More]

Sonic Automotive has opened its newest EchoPark specialty pre-owned vehicle store in Plano, Texas, marking Sonic’s 14th EchoPark location nationwide. Sonic says the opening continues its expansion of the specialty pre-owned vehicle brand, EchoPark Automotive. With EchoPark Plano now becoming the second Dallas/Fort Worth area store and the sixth in Texas, Sonic says car buyers […] [Read More]

Here’s potentially a positive record on pace to be set during this tumultuous year. Kerrigan Advisors reported on Monday that the dealership buy/sell market continued to soar during the third quarter, putting it on track to surpass record transaction numbers established in 2015. And with a flurry of mega dealer transactions and high dealership earnings, […] [Read More]