CarGurus announced its 2026 Top Dealer Awards honorees on Tuesday, spotlighting the most trustworthy dealerships throughout the U.S., U.K. and Canada. The honorees are those stores that “consistently earn shoppers’ trust through exceptional service, competitive value, and transparent experiences,” the company said. CarGurus determines Top Dealer Award winners through verified customer reviews and its own […] [Read More]

“The future of automotive retail,” says LaFontaine Automotive Group CEO Ryan LaFontaine, “is about meeting customers wherever they choose to shop while delivering an experience built on trust, transparency, and convenience.” And the dealer group is now meeting those customers on Amazon Autos. The Michigan-based retailer said Friday that its 40-plus dealerships have joined the […] [Read More]

EchoPark Automotive, which is Sonic Automotive’s chain of standalone used-car stores, said Thursday it has relocated its North Houston dealership. EchoPark recently opened a new state-of-the-art facility at 18310 North Freeway in Houston, a move that broadens the retailer’s footprint “in one of the region’s fastest-growing communities, bringing its signature car-buying experience closer to residents […] [Read More]

Sonic Automotive posted an all-time quarterly gross profit record in the second quarter, thanks largely to gains in the retailer’s diversified operating segments. That includes its EchoPark Automotive used-car stores, where revenues climbed 15% year-over-year and total gross profits reached a Q2 record. And in the fourth quarter, Sonic anticipates EchoPark’s expansion will resume. Overall, […] [Read More]

One of the leading dealers in the mobile service space is now utilizing Curbee as its new mobile service technology platform. Bozard Ford Lincoln, which completes more than 2,000 monthly mobile service appointments and includes a fleet of more than 40 service vehicles in northeast Florida, has signed on to the Curbee platform, the latter […] [Read More]

The Florida Automobile Dealers Association has named a new president to succeed Ted Smith, who has retired after leading the FADA for 25-plus years. Selected for the role is Peter Cuderman, a move that was effective Saturday. Cuderman was mostly recently director of legislative and intergovernmental affairs in the executive office of Florida Gov. Ron […] [Read More]

When dealer principals contemplate selling a dealership, the conversation naturally centers on valuation, blue sky multiples, taxes, transaction structure, and buyer demand. These are all critical elements of a successful transaction, and they largely determine the economics of the deal. What many dealer principals underestimate, however, is that agreeing on price is only one milestone. […] [Read More]

AutoNation had some solid wins in its used-car operations during the second quarter, including a “healthy” supply of pre-owned units within the dealer group, stable profitability and expectations for off-lease growth in the second half. During an earnings presentation last week, AutoNation CEO Mike Manley said the retailer continues to post strong sales of used […] [Read More]

It’s a Texas three-step. Clay Cooley Auto Group has acquired a trio of franchise stores — Norm Reeves Mazda, Hyundai and Genesis in Irving, Texas — from The CAR Group, according to a news release from Pinnacle Mergers & Acquisitions, which advised the seller. The acquired stores will operate as Clay Cooley Mazda, Hyundai and […] [Read More]

David Andrews not only is chairman and CEO of Dealers Auto Auction Group, which currently has 10 auctions located primarily in the Southeast, he’s also the CEO of City Auto Sales, which has two used-car retail locations in Tennessee. Andrews says in an online video about his retail operation, “We started City Auto in 1986, […] [Read More]