In 2017, Used Car Week transitioned its CPO Forum conference into the Pre-Owned Con. Essentially, we adapted a conference originally focused on certified pre-owned into a more comprehensive look at the entire retail used-car market. For the past two years, the Pre-Owned Con has focused on analytics, data and big-picture vision, strategies and technologies that […] [Read More]

On a Thursday afternoon in September, a reporter opens the website of Cavender Toyota. In the upper-right corner: “The Official Toyota Dealer of the San Antonio Spurs.” Makes perfect sense. The dealership’s perch atop Toyota’s certified pre-owned sales rankings the last few years looks like the hometown Spurs’ NBA resume in the 2000s: title after […] [Read More]

CarNow co-founder and senior vice president of sales Tim Cox joins the show to talk about the digital retailing strategies that are working for top dealers. First strategy? "You have to create a champion in your store." Hear more in the podcast below.  Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also […] [Read More]

Cardone Automotive Resources has hired Jeff Bounds as head of automotive, noting that Bounds will continue the company’s focus on operational consulting, lead generation tech, people development and digital services. Bounds will build on company leader Grant Cardone’s work in offering dealership sales and service tools. Bounds said his goal for the partnership is for […] [Read More]

Lithia Motors’ Tuesday announcement that it has added Chrysler Dodge Jeep Ram Fiat and Subaru stores in Morgantown, W.Va. is its second recent announcement of expansion to the Morgantown area. Lithia in June of this year acquired Ford Lincoln of Morgantown, which the company said was part of the Lithia nationwide network reaching 82% of the […] [Read More]

Things have come full circle for Mark O’Neil. The former Cox Automotive chief operating officer who retired in March was named to the board of directors at CarMax, a company he helped develop and launch. O’Neil was with CarMax from 1992 until 2000, including time as its vice president from 1997 to 2000. “Mark is […] [Read More]

An ample supply of popularly equipped off-lease vehicles, consumer concerns about the economy and upgraded certified used-vehicle programs from major players, have set the stage for another record-setting year of CPO sales, said industry analysts and managers of factory CPO programs. Cox Automotive predicts that industry-wide CPO sales will hit 2.75 million units by year-end, […] [Read More]

Walser Automotive Group says its Burnsville location is a top-volume dealer in the Twin Cities market. And this week, Walser finalized the shift of some of its used-vehicle resources into turning new models. On Tuesday, the group announced the opening of its second Subaru dealership in the Minneapolis-St. Paul Metro. Walser says the new dealership […] [Read More]

An “anniversary fun fact” for JM Lexus: The business originally opened with 50 associates. Now the company employs 346. Five associates have been employed for more than 25 years. That is one of several “fun facts” that JM Lexus produced in celebration of its 30-year anniversary in South Florida. It all started for the business […] [Read More]

Owner Mike Peebles has sold his long-time Metro Denver-area dealership Longmont Ford to a partnership of buyers that includes Maroone USA, which is a company owned by former AutoNation president and chief operating officer Mike Maroone. Also in the partnership of buyers are Serra Automotive and Pat Grooms, who will become president and operating partner […] [Read More]