Continuing what it describes as a rapid expansion, CarLotz said it will soon open its first California hub. The move will be CarLotz’s first expansion into California, which CarLotz co-founder and chief executive officer Michael Bor described as “one of the nation’s most diverse, inclusive and dynamic states.” CarLotz, a consignment-to-retail used vehicle marketplace, said it […] [Read More]

Quantum5, a company that provides a "social advocacy learning platform" to provide training on the people skills and behavioral strategies that the digital environment demands, said Monday it has hired fixed ops specialist Dave Foy and is acquiring his Fixed Ops Mastermind and Vision and Values Coaching brands. Foy’s 30-plus years in the industry includes time […] [Read More]

In a key complement to our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing is proud to celebrate our third annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we specifically recognize leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. The honorees for 2021, listed […] [Read More]

In honor of Earth Day, car-sharing marketplace Turo said Thursday it has become the first car-sharing or car rental marketplace to offset 100% of its estimated global carbon emissions. This commitment will offset emissions based on the total number of miles driven on Turo trips, and all emissions from its global office footprint. The company […] [Read More]

AutoNation currently has five standalone used-car stores. The retailer wants to have more than 130 AutoNation USA locations open by the end of 2026. That target store count would include the five existing AutoNation USA stores. The retailer plans to have five additional USA stores finished by late this year, then add 12 more in […] [Read More]

Following the success of “Dealer Training Day” at our Used Car Week and Auto Remarketing Canada conferences, Cherokee Media Group is launching an online “Dealer Training Series” beginning in May.  The once-a-month series will kick off with a training session from Alan Dickie of Alan Dickie Inc. on May 11, followed by a June 8 […] [Read More]

An independent dealership group in business since 1979 just received a majority investment from a value-oriented private equity firm focused on the middle market that manages funds with more than $9 billion of aggregate capital commitments. On Monday, Crestview Partners announced its investment in AutoLenders, which is headquartered in Berlin, N.J., generating approximately $700 million […] [Read More]

Roger Beasley Imports in Texas has supported various charities over the past four decades, including the Austin Chamber of Commerce and Dell Children’s Hospital. One of the company’s dealerships, Roger Beasley Mazda, has also helped animals. The company said all Roger Beasley Mazda dealerships are “dog friendly.” But the dealership each year also donates a […] [Read More]

Saying this year has been a successful one with new product launches and anticipated sales growth, Mitsubishi Motors North America also said on Thursday it has added 10 new dealer partners to its U.S. network. MMNA also continued investment in upgraded retail facilities, saying it completed construction on Arrotta's Mitsubishi in Spokane, Wash. Mitsubishi renovated […] [Read More]

Automotive dealership brokerage firm, Performance Brokerage Services announced the sale of Pat Peck Kia from Group 1 Automotive to Ryan Mayer of Tameron Automotive. Pat Peck Kia will remain at its current location at 10611 Boney Ave. in D’Iberville, Miss. George Chaconas, adviser for the transaction and the Southeast partner for Performance Brokerage Services said […] [Read More]