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Dealer news: Zeigler’s service stars hit track with NASCAR driver; Dodge City GMC dealership sold
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Chip Perry the big hitter in startup sellmyride’s new lineup of Cox veterans
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Latest Stories
Retail
COMMENTARY: NIADA Q1 business confidence survey
Thursday, Jun. 6, 2019, 04:10 PM
Jennifer Reid and Scott Lilja, Equifax and NIADA
Auto sales have faced slightly downward pressure so far in 2019, especially in April when, according to a May 2 story in Autoweek, U.S. auto sales declined 2.3%, despite having an extra selling day in the month and having the benefit of the spring selling season as an added incentive for car shoppers. With the monthly […] [Read More]
Group 1 launches online buying platform
Wednesday, Jun. 5, 2019, 08:47 PM
Auto Remarketing Staff
Group 1 Automotive said this week it has launched an online car-buying platform in the U.S. called AcceleRide that will let shoppers buy new or used cars completely online without leaving home — if they so choose. Consumers can utilize the platform to browse more than 38,000 cars; customize options like vehicle configuration, accessories and warranty […] [Read More]
Lithia buys 1st W.Va. dealership
Wednesday, Jun. 5, 2019, 06:36 PM
Auto Remarketing Staff
Lithia Motors has bought its first store in West Virginia, the dealer group said Wednesday. West Virginia is now the 19th state in the expanding Lithia network as the company added Ford Lincoln of Morgantown, which was previously named Freedom Ford. The group said the new addition is an example of how Lithia acquires stores “with […] [Read More]
Carvana activity continues with central Florida expansion
Wednesday, Jun. 5, 2019, 05:51 PM
Auto Remarketing Staff
Before Wednesday, Carvana already had a strong presence in Florida. That presence got even stronger as the company announced it would expand in central Florida, offering as-soon-as-next-day vehicle delivery to Lakeland and North Port. Carvana founder and chief executive officer Ernie Garcia said in a news release that some of the company’s earliest markets were in […] [Read More]
16 Larry H. Miller dealers earn manufacturer recognition
Friday, May. 31, 2019, 05:56 PM
Auto Remarketing Staff
Larry H. Miller Lexus Murray, Larry H. Miller Lexus Lindon and Larry H. Miller Lexus Spokane have received the Elite of Lexus Award for 2018, which recognizes dealers who excel in areas such as sales, service and the overall customer ownership experience. Those were just three of 16 Larry H. Miller dealerships to recently receive […] [Read More]
Top 100 Used Car Dealers: Franchised Edition
Thursday, May. 30, 2019, 04:30 PM
Auto Remarketing Staff
This installment of Auto Remarketing’s annual Top 100 Used Car Dealers is the first in a two-part series and focuses on franchised dealers. Included in the June 1 print and digital edition of Auto Remarketing, this is where we highlight some of the strongest used-car selling franchised stores in the country. The dealer rankings data […] [Read More]
AutoNation focuses on margins and F&I; Lithia eyes more dealerships — both to enhance digital
Thursday, May. 30, 2019, 03:23 PM
Arlena Sawyers, Correspondent
AutoNation made a “strategic decision” to focus on new-vehicle margins and finance and insurance sales, Lithia Motors expects to resume buying dealerships after a year-long hiatus and both companies are laying groundwork to enhance their digital retailing platforms. That is according to the companies’ chief executives during their respective first-quarter earnings calls in April. Carl Liebert, […] [Read More]
Dealerships ‘banking’ on new employment initiatives
Wednesday, May. 29, 2019, 07:54 PM
Daryl Lubinsky, Correspondent
The automotive industry is no longer competing with itself for talent. Hireology co-founder and chief executive officer Adam Robinson says that in looking for new hires, auto dealers now compete with Amazon and that company’s $15-per-hour minimum wage. The auto industry competes with Jiffy Lube and the hospitality industry. And you might be surprised to […] [Read More]
NIADA members now receive Deluxe discounts
Tuesday, May. 28, 2019, 07:57 PM
Auto Remarketing Staff
For more than 100 years, Deluxe has been a supplier of business incorporation services and automotive business products with more than 115,000 automotive small business customers. Now, the company is a partner of the National Independent Automobile Dealers Association. Deluxe will offer its products and services through NIADA's National Member Benefit program, and the company […] [Read More]
Asbury and Group 1 keep close tabs on used inventories
Tuesday, May. 28, 2019, 05:33 PM
Nick Zulovich, Staff Writer
For both Asbury Automotive Group and Group 1 Automotive, keeping a close watch on their used-vehicle inventories is an ongoing effort and one that influenced their first-quarter performance. At Group 1 Automotive, its stores retailed 29,317 used vehicles during the first quarter. That figure represented a 7.3% lift year-over-year. Daryl Kenningham, Group 1’s president of […] [Read More]
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