General Motors and Ford claimed top honors again as part of the 26th annual Automotive Loyalty Awards orchestrated by IHS Markit. However, for the first time, Honda earned the accolade closely associated with franchised dealerships. IHS Markit recognized GM for its leadership as top manufacturer for automotive loyalty in the U.S. in 2021. This is […] [Read More]

Here’s some good news for BMW dealerships looking for more personnel to man their service bays. Universal Technical Institute (UTI) has launched the first session of its new BMW FastTrack technician training programs at its Orlando, Fla., campus, the second location to begin offering the 12-week advanced training program. A collaboration between the German automaker […] [Read More]

It’s likely been experienced by you first-hand or by one of your dealership colleagues or managers. It’s the test drive that turned wild; almost into something from Hollywood. Well, perhaps now we can have a chuckle about the incident and make a comparison to some of the most famous movie segments that involved vehicles traveling […] [Read More]

Used-vehicle market resiliency is likely to be on display again this month, as one projection has February retail sales improving from the opening month of 2022. Meanwhile, if franchised stores actually have new models to retail, they’re generating grosses that sometimes only their used departments can. TrueCar said on Friday that used-vehicle sales this month […] [Read More]

AutoNation has named a new executive who will be chief operating officer for its Precision Parts business and executive vice president and head of mobility, business strategy and development. Appointed to the role effective March 1 is Gianluca Camplone, who was most recently was an executive at McKinsey & Company. Camplone, who joins the retailer’s […] [Read More]

According to the U.S. Census Bureau, three of the four most populated states are California, Texas and New York. Coincidently, highlights from Urban Science’s 2021 Automotive Franchise Activity Report (FAR) showed those three states generated the most significant state-level changes, too. Overall, Urban Science indicated last year produced continued stability and slight growth for the […] [Read More]

The first car that Carvana ever sold was in Georgia, and now the online retailer has opened a new campus in the state’s capital. Carvana’s new Atlanta facility, which officially launched Tuesday, currently employs 1,500 team members in the state. The company plans to add 3,500 more jobs in the area in coming years. Atlanta […] [Read More]

EchoPark Automotive has its first-ever chief operating officer. Parent company Sonic Automotive said Thursday that it has promoted Tim Keen to the position, where he will focus solely on expanding the line of used-car stores nationally. Keen was most recently executive vice president of operations for both Sonic and EchoPark, a role he had held […] [Read More]

LMP Automotive Holdings said Wednesday that its board has approved the company exploring strategic alternatives, including the option of selling the company. In a news release, LMP also said it plans on ending all of its pending purchases. “The company intends to terminate all of its pending acquisitions in accordance with the terms of their […] [Read More]

Motormindz, Inc. said Tuesday it has named former CDK Global and AutoNation executive Ron Frey as a strategic advisor to its board. Frey is the founder of RL Frey Inc. “Ron’s ability to develop, operationalize, and drive key strategic priorities will be vital as we continue to navigate rapid growth on a global scale,” motormindz […] [Read More]