Along with an extensive letter articulating several important activities — including advocacy for independent operators, its annual convention and 20 groups — National Independent Automobile Dealers Association chief executive officer Steve Jordan made an urgent plea for members to reach out to their Congressional representatives. In separate messages sent on Sunday, Jordan emphasized the U.S. […] [Read More]

Add Larry H. Miller Dealerships and the Prime Automotive Group to the many automotive companies announcing measures designed to provide peace-of-mind to customers following current health recommendations and guidelines in the wake of the COVID-19 outbreak. The Larry H. Miller Group of Companies and Larry H. Miller Dealerships said that in line with current social distancing guidelines, it […] [Read More]

The Auto Remarketing Podcast returns with another episode recorded at NADA Show 2020 in February. vAuto founder Dale Pollak discusses his new book, "Gross Deception: A Tale of Shifting Markets, Shrinking Margins, and the New Truth of Used Car Profitability" from the convention in Las Vegas last month.  To listen to this episode, click on […] [Read More]

Your dealership’s service drive can continue to operate even as scores of businesses are instructed to close at the direction of local, state and federal authorities. The Cybersecurity and Infrastructure Security Agency (CISA) — part of the Department of Homeland Security — issued guidance on Thursday to state and local governments to include the vehicle […] [Read More]

ln response to what Hertz senior vice president Jayesh Patel describes as “extraordinary disruptions” to daily life because of the coronavirus and to students and younger drivers returning home or who need transportation, Hertz is lowering the minimum age to rent a vehicle. Now through the end of May, Hertz is lowering the minimum age […] [Read More]

Atlanta Classic Cars has sold its Mercedes-Benz and Commercial Truck dealerships in Duluth, Ga., to Krause Auto Group, which owns 15 U.S. retail automotive franchises, including nine automotive franchises in the greater Atlanta area. The transaction was completed on Monday. Terms were not disclosed. The Presidio Group LLC, an investment bank that works in retail automotive […] [Read More]

Carvana has seen strong growth in vehicle sales. But the company has also been buying a lot of vehicles from its customers. On the topic of selling, Carvana showed solid fourth quarter sales and revenue growth and strong 2019 overall revenue, as well. The company completed its sixth consecutive year of triple-digit revenue growth. In […] [Read More]

Extending its operations within Northeast Wisconsin, Broadway Automotive has purchased the Pietroske Chevrolet, Buick, GMC and Cadillac dealership in the city of Manitowoc. The dealership purchase agreement includes the Pietroske Chevrolet, Buick, GMC and Cadillac dealership and property in Manitowoc. Broadway currently operates a Chevrolet dealership in Green Bay, and the Buick, GMC and Cadillac […] [Read More]

To support its customers affected by the uncertain financial environment created by the coronavirus pandemic, Hyundai Motor America is reinstating its Assurance Job Loss Protection program. Hyundai will make up to six months of payments for new owners who lose their jobs and have purchased or leased their vehicle between March 14 to April 30, […] [Read More]

For all U.S. military members and government employees renting vehicles for personal needs, Enterprise Holdings is reducing its minimum age to rent a vehicle from 21 to 18 years old. Enterprise said that with the move, military and government employees will experience easier access to rental vehicles as they might need transportation during a time […] [Read More]