While still much softer than year-ago levels, June’s used-car sales are expected to climb 16% month-over-month, according to the latest forecast from TrueCar subsidiary ALG. And conditions could improve further in pre-owned, with additional supply on the horizon, financing deals and attractive prices. Plus, the initially heavier impact on used from COVID-19 compared to new […] [Read More]

Market Scan is feeling quite patriotic with the Fourth of July arriving in just a few days. The partnership between JD Motorsports with Gary Keller and Market Scan for Mike Wallace’s No. 0 Chevrolet at Indianapolis Motor Speedway (IMS) on July 4 has an American patriotic purpose. The automotive solutions and data provider based in […] [Read More]

Editor's Note: This is story is part of our upcoming Leading Dealer Groups print edition of Auto Remarketing. This early look at that content is being offered to CMG Premium subscribers. The Leading Dealers Groups print edition of AR will be released in July.  Like many dealers across the U.S., Dawn Walston and the team at […] [Read More]

As part of an industry-wide effort to help alleviate the effects of the COVID-19 pandemic, Honda and General Motors announced on Monday that they are producing nearly 12,000 gallons of hand sanitizer through their Fuel Cell System Manufacturing (FCSM) partnership. According to a news release, the hand sanitizer will be used by both companies at their […] [Read More]

Editor's Note: This is story is part of our upcoming Leading Dealer Groups print edition of Auto Remarketing. This early look at that content is being offered to CMG Premium subscribers. The Leading Dealers Groups print edition of AR will be released in July.  Like many companies in the retail auto space, CarLotz had a strong […] [Read More]

Today's episode of the Auto Remarketing Podcast features Chris Little, who is vice president of variable operations and a market area VP at Hendrick Automotive Group. Little and Cherokee Media Group president Bill Zadeits discuss the automotive market rebound, how Hendrick weathered COVID-19 challenges and bright spots that have emerged. Little also talks about Hendrick's emphasis […] [Read More]

Michael Bor, chief executive officer of CarLotz, joins the Auto Remarketing Podcast, where he provides an update on the company and how its stores and operations have adjusted to the pandemic, as well has how they have begun to recover. Plus, Bor discusses the online car-buying option from CarLotz, its work with commercial consignors, the gap […] [Read More]

AutoNation began a program this week where for the next two-plus months, it will offer free vehicle sanitization for first responders from 1-4 p.m. each Tuesday at its dealerships. The program, which started Tuesday and runs until Aug. 25, can be utilized at any AutoNation store. First responders can have their personal or work vehicles sanitized […] [Read More]

The Greater New York Automobile Dealers Association has brought on a former top official with the state’s DMV to serve as its director of dealer compliance. Thomas Higgins, who was the deputy commissioner of compliance for the New York State Department of Motor Vehicles, spent nine years with the DMV, and will now help GNYADA […] [Read More]

CARFAX continues to receive accolades for its employment environment. The vehicle history report provider has been named one of The Washington Post’s 2020 Top Workplaces in the Washington, D.C., area for the seventh consecutive year. CARFAX said this week that the firm is just one of 14 companies to receive the prestigious honor seven times […] [Read More]