Pete Petersen says advertising space is a bit more crowded during the holiday season. “But with the pandemic and recent elections, dealers are finding it even more difficult to get themselves in front of their markets right now,” said Petersen, chief executive officer of Dealers United, in a news release. With that in mind, Facebook […] [Read More]

As part of Used Car Week's Pre-Owned Con next week, Cherokee Media Group will recognize honorees in the annual Used Car Awards, a program presented by KAR Global.  That includes our annual Franchise Dealer of the Year, which this year goes to Rick Ricart, president of Ricart Automotive Group. Below is a Q&A with Ricart, which is […] [Read More]

It's another acquisition for Lithia Motors & Driveway, this time in Iowa.  The public retailer said Tuesday it has purchased Ramsey Subaru and Mazda, which it said are the highest-volume dealers for those respective brands in the state. Lithia anticipates the purchase will add $100 million to its annual revenues. Lithia's network expansion so far […] [Read More]

Members of the Greater New York Automobile Dealers Association contributed $21 million to local charitable endeavors in 2019 in locations such as New York City, Long Island, Westchester and the Lower Hudson Valley. GNYADA owns and operates the New York International Auto Show, and during the show, the association hosts an annual fund-raising event for East […] [Read More]

You can expect November to finish with 3 million used-vehicle sales, according to the latest forecast from ALG and TrueCar, which would mark a 1% year-over-year decline.    The drop from October would be even more pronounced (11%).   In a Data Point report released Nov. 18, Cox Automotive indicated that a 30-day period covering […] [Read More]

Stacey Ellis of Jim Ellis Automotive Group says her company wants to bring smiles to disadvantaged children who deserve some joy in their lives. “It’s been a daunting year for many families, so it is more important than ever for us to make a meaningful difference this year and help put a smile on a […] [Read More]

Carvana sold its first car in Atlanta in 2013. Since then, the company has opened car vending machines across the United States. On Wednesday, Carvana said it was opening its 27th car vending machine, and the company said that would be in Atlanta, the city where it all started. “It’s fitting that our flagship location is […] [Read More]

On Nov. 3, Massachusetts voters overwhelmingly voted “yes” on question No. 1 of the state election ballot, thereby approving the initiative law to enhance, update and protect the 2013 Motor Vehicle Right to Repair Law as an amendment to the Massachusetts Motor Vehicle Right to Repair Act. The initiative requires that vehicle manufacturers provide vehicle […] [Read More]

Franchised car dealers, particularly some of the large, publicly traded groups, are putting a big emphasis on used cars, upping their pre-owned operations in 2020. While there are certainly sales challenges, as in most of automotive in a pandemic-sagged 2020, several retailers have plans to expand programs like standalone used-car stores, and some are seeing […] [Read More]

After announcing in late October that it showed a 41% year-over-year revenue increase in the third quarter, Carvana on Friday announced a “Live Feelessly” campaign, encouraging customers to take a stand against hidden, last-minute fees. The campaign communicates to consumers that they should seek pricing transparency when making purchases. The Live Feelessly campaign includes a […] [Read More]