Sheehy Auto Stores is again looking to support the American Heart Association through a program happening at all of its dealerships. On Friday, the company announced the beginning of the 23rd annual Sheehy 8000 Sales Race, a community-wide initiative in which all 29 Sheehy dealerships sell vehicles while raising awareness and funds to benefit the […] [Read More]

Lithia Motors has added a Subaru dealership in Southern California to its store count, launching what management calls a “series of acquisitions planned for the second half of the year.” The retailer said Tuesday it has brought DCH Subaru of Thousand Oaks, Calif., into the fold, bringing Lithia’s physical footprint up to 189 locations across […] [Read More]

Cheryl Miller, who in April had been granted a leave of absence from her position as AutoNation’s president and CEO for health reasons, has decided not to return and has resigned from AutoNation and its board of directors, a move that was effective Tuesday. AutoNation said it has entered a contract with Mike Jackson, who […] [Read More]

In this episode of the Auto Remarketing Podcast, Cherokee Media Group president Bill Zadeits chats with Paul Brobson, the founder and chief executive of Trusted Sale. The company started as a way to facilitate peer-to-peer online transactions, eventually growing into automotive. Last year, Trusted Sale launched what it says is the first CPO program for […] [Read More]

CarMax plans on finishing the rollout of its omni-channel experience — which allows consumers to tailor their car-buying and delivery experience — by the end of next month. This was among a range of updates shared via email by the nation’s largest used-car retailer, which this spring also added a CarMax Curbside option to its […] [Read More]

With vehicle service contract companies and auto repair facilities ranking as some of the most distrusted industries by consumers, two companies in those spaces said they are committed to working together to change this reputation by providing transparency and higher levels of quality in vehicle repair. ProGuard Warranty announced on Wednesday that it formed a […] [Read More]

Asbury Automotive Group’s deal to purchase Park Place Dealerships is back on, with revised terms from the previously announced agreement in December, the retailer announced Monday. More details and an update on that transaction can be found below. In other dealer group M&A news, Lithia Motors said Tuesday it has acquired Smolich Chrysler Jeep Dodge […] [Read More]

The used-car market continues to be a bright spot for franchised dealers, particularly for two public dealer groups sharing operational updates this week. Lithia Motors said Tuesday it generated around a 23% year-over-year spike in same-store used-vehicle unit sales during June, which was a record month in pre-owned for the retailer. Same-store new-vehicle sales were […] [Read More]

While no financial endeavor is invincible, it turns out the brand and business acumen of actor/producer Mark Wahlberg might be the perfect storm for success in the auto industry. It was announced Monday that Wahlberg and his business partner, car dealer Jay Feldman, have purchased a Buick-GMC store and an RV/Airstream store in Columbus, Ohio that are across […] [Read More]

For the past 40 years, the Jerry Seiner Dealerships have operated in Utah. This week, the dealer group made its entrance into Arizona. According to a news release distributed on Tuesday, the Jerry Seiner organization has purchased Henry Brown Chevrolet and Henry Brown Chrysler Dodge Jeep Ram in Casa Grande, Ariz. The group said these […] [Read More]