AutoNation’s Drive Pink initiative, or DRV PNK, is personal for long-time AutoNation associate Lisa Logan, who is a breast cancer survivor. “Sadly, just about everyone has been touched by cancer,” Logan said in a news release. “I am so proud to work for a company that not only supported me throughout my journey, but that […] [Read More]

TrueCar this past May launched TrueCar Military, a dedicated vehicle purchase program providing exclusive military incentives and exclusive benefits to those who have served in the U.S. armed forces and their families. Among the current TrueCar Military benefits is up to $4,000 in military Incentives on select makes and models. On Tuesday, TrueCar said it […] [Read More]

Sonic Automotive is beefing up its EchoPark Automotive retail hub location in Charlotte, N.C. The retailer bought roughly four acres of land adjacent to that EchoPark retail hub, which will allow for about 400 additional vehicles to be parked there. With this addition, there would be room for approximately 1,000 vehicles at the Charlotte EchoPark […] [Read More]

CarMax’s omni-channel experience, which lets consumers buy used cars online, in-store or a blend of both, is now nationwide. The largest retailer of used cars in the U.S. said Thursday it has finished rolling out its omni-channel capabilities, a process it started in late 2018 with the launch of omni-channel in Atlanta. “Our omni-channel experience […] [Read More]

Electric vehicle designer and manufacturer Fisker says its first dedicated engineering and technology center, to be located in the Mission District of San Francisco, will be the focal point and development center for the company’s software and vehicle electronics. That includes in-car and Fisker data center elements. The company’s chairman and chief executive officer Henrik […] [Read More]

Expanding its Southeastern regional presence, Lithia Motors has purchased Jim Cogdill CJDR in Knoxville, Tenn. The move marks Lithia’s entrance into the Tennessee market, with the company serving Knoxville and neighboring communities. Lithia expects the Knoxville location to add $90 million in annualized revenue. That will bring Lithia’s total network expansion to more than $1.7 […] [Read More]

Luxury electric vehicle producer Karma Automotive will introduce a new name for a family of vehicles in 2021 called the GS Series, and the lineup will include Karma's first-ever battery-electric luxury sedan. The lineup will also include updated electrification options and technological advancements, and to facilitate orders, Karma created a new pre-reservation order site that […] [Read More]

Eighty-two percent of dealers said they would rely heavily on social media advertising such as Facebook and Instagram for the rest of this year, according to a new survey from PureCars. Sixty-two percent said they would use direct marketing channels, and 61% would use SEO/search marketing efforts to reach customers. The PureCars survey found that dealers’ […] [Read More]

Chris May says the average dealer loses about $500,000 a year because of turnover. “The cost to recruit, onboard and train a new hire while there is an empty seat on the sales floor adds up fast,” said May, who is director of the Performance Development Center at JM&A Group. To help alleviate the problem, JM&A […] [Read More]

After a couple of summertime rough spots, September is shaping up to be a strong month across the board for Sonic Automotive’s used-car operations, both within its franchised dealerships and its EchoPark Automotive standalone pre-owned stores. In an updated outlook released Tuesday, Sonic said same-store used sales for its franchised dealers so far in September are […] [Read More]