Separate announcements from DCG Acquisitions, part of the Dave Cantin Group (DCG), and Haig Partners detailed how a dealer group in the Northwest as well as another one in the Southeast each became bigger this week. DCG represented both parties in the larger of the two newest developments, as the Gee Automotive Companies — among […] [Read More]

Sonic Automotive said Tuesday it has purchased Sun Chevrolet in Chittenango, N.Y., following its acquisition of three Used Car King pre-owned stores from same group back in December 2020. Joe Caputo founded Sun Chevrolet in 1979. He and son Todd Caputo ran that store along with the three used-car standalone stores in Central New York. […] [Read More]

The final numbers have been tallied, and it turns out that last year’s certified pre-owned sales fell short of the record high by just over 2%. That’s according to a Data Point report from Cox Automotive, citing an analysis of Motor Intelligence data.  There were 2,748,164 certified sales in 2021, which beat prior-year figures by […] [Read More]

Michael Strahan was perhaps the NFL’s most dominating defensive player of the 2000s. He’s a Super Bowl winner and a Pro Football Hall of Famer. But he’s also Renaissance man. These days, Strahan juggles the tasks of journalist, broadcaster, host/entertainer and businessman. While they might not have any sack records like Strahan — who is […] [Read More]

Former AutoNation executive and current Maroone USA founder and chief executive officer Mike Maroone is taking home the hardware as the 2022 David F. Mungenast Lifetime Achievement Award winner. The board of the American International Automobile Dealers Association presents the award each year to “an industry leader who possesses a similar community spirit and devotion […] [Read More]

General Motors said Tuesday it is launching an omnichannel used-car sales platform called CarBravo, where consumers will be able to shop for pre-owned vehicles from both dealer inventory and a national central stock. Non-GM used vehicles will also be included in the program, which lets consumers shop online, in-store or a combination of both. “CarBravo […] [Read More]

General Motors is looking for another way to incentivize potential buyers of its certified pre-owned vehicles. On Monday, the automaker launched the all-new My GM Rewards loyalty program for Chevrolet, Buick, GMC and Cadillac customers, with part of the rewards being the potential assistance toward delivery of a certified vehicle. The loyalty program features three […] [Read More]

Risk Point, a full-service program manager and provider of insurance underwriting and claims expertise to the dealership sector, recently named two new vice presidents for underwriting as well as sales and marketing. Taking on the role as VP of sales and marketing is Pepper Snider, who will be will be responsible for driving profitable growth […] [Read More]

An executive whose professional background includes time in the remarketing world now is in a leading role for a subsidiary of JM Family Enterprises. According to a company news release distributed on Wednesday, Brent Sergot has been named president of Southeast Toyota Distributors. In addition to leading the company’s daily operations, the announcement indicated Sergot […] [Read More]

Hendrick Automotive Group has opened another dealership with a sports legend as its namesake, but this time around, the name of the game is baseball, not NASCAR. On Tuesday, the retailer announced the opening of Reggie Jackson Airport Honda in Raleigh, N.C. The Major League Baseball Hall of Famer partnered with Hendrick Automotive to open […] [Read More]