Bentley Motors describes itself as “the most sought-after luxury car brand in the world.” Now, the automaker has launched a new program that it says “sets the benchmark for exclusive pre-owned cars.” Bentley Motors estimates that about 85% of all Bentleys ever built are still on the road. The company describes its new Certified by […] [Read More]

Used-vehicle buying and selling e-commerce platform Carvana launched as-soon-as-next-day vehicle delivery to Santa Fe, N.M.-area residents on Thursday and Sierra Vista, Ariz. area residents on Tuesday. With the two announcements, Carvana now offers as-soon-as-next-day vehicle delivery in 148 U.S. markets. Regarding the Santa Fe news, Carvana founder and chief executive officer Ernie Garcia said that […] [Read More]

The former leader of a top U.S. ally. The chairman and chief executive officer of one of the world’s largest automakers. A journalist turned award-winning standup comedian. They’re all set to be keynote speakers at NADA Show 2020. The annual gathering of the National Automobile Dealers Association and the automotive retail industry at large happens […] [Read More]

Warren Henry Auto Group says its new 800,000-square-foot North Miami headquarters, which is home to Jaguar, Land Rover, Infiniti and Koenigsegg, includes the nation's largest electric vehicle charging facility. The site is projected to be the largest Land Rover and Jaguar store in the entire nation, said Warren Henry Auto Group president and chief executive […] [Read More]

Before stores intensified their holiday-season sales efforts, both Haig Partners and Kerrigan Advisors released their third-quarter dealership buy/sell activity reports, highlighting how activity during the timeframe put the transaction pace on a healthy course to round out 2019 and to begin 2020. Beginning first with the Q3 2019 edition of The Haig Report released by […] [Read More]

Sonic Automotive and EchoPark Automotive chief executive officer David Smith says the company’s EchoPark business is experiencing rapid nationwide growth, and he described that as “a great testament to our model and the value of exceeding customer expectations.” The company announced the latest example of that growth on Dec. 16 with the grand opening of […] [Read More]

Avis Budget Group on Monday said its board of directors has appointed president of the Americas division Joe Ferraro as interim chief executive officer. Ferraro’s appointment was effective Wednesday and takes place in the wake of former president and chief executive officer Larry De Shon departing at the end of last year. The company also […] [Read More]

Asbury Automotive Group has agreed to buy Park Place Dealerships for $1 billion cash, excluding inventory, the public retailer announced Thursday. The deal gives Asbury a boost both in Texas and within the luxury market. Park Place’s operating assets include17 franchises, including 15 in the Dallas-Fort Worth market. One of those 17 franchises is an […] [Read More]

Group 1 Automotive has acquired what it says are the only Lexus franchises in the state of New Mexico. The company said it expects the two Lexus dealerships, located in Albuquerque and Santa Fe, to generate approximately $90 million in annualized revenues. Group 1, which owns and operates 186 automotive dealerships, 242 franchises, and 49 […] [Read More]

In promoting Chrissy Taylor to chief executive officer, Enterprise Holdings said that she will oversee its global strategy and operations. Taylor, who was previously president and chief operating officer, becomes the fourth chief executive officer in the company’s more-than-60-year history. She also represents the third generation of Taylor family chief executive officer leadership. Her father, […] [Read More]