With Avis Budget Group’s chairman of the board saying that Larry De Shon has played an important role in “positioning Avis Budget for the future of mobility, while navigating through unprecedented industry challenges,” Avis Budget Group said on Tuesday that De Shon was leaving his position as president and chief executive officer of the company. […] [Read More]

Used car buying and selling e-commerce platform Carvana is keeping up its busy launch schedule, now offering as-soon-as-next-day delivery in four Mid-Atlantic markets. Carvana announced on Wednesday it has launched in the Hagerstown, Md., Salisbury, Md., Charlottesville, Va., and Roanoke, Va., areas. Carvana now offers as-soon-as-next-day vehicle delivery in 129 markets across the United States. “Our […] [Read More]

After softness in the first two months of the year, certified pre-owned vehicle sales are starting to pick up some steam. According to Wednesday’s Data Point report from Cox Automotive, there were 233,540 CPO vehicle sales in April, up approximately 6% year-over-year. That follows nearly 3% growth in March, when 265,878 certified vehicles were sold. […] [Read More]

Previous winners of the Congressional Award Foundation’s Horizon Award include NFL star Drew Brees, actor Dwayne “The Rock” Johnson and Arnold Schwarzenegger. On June 20,  the owner of Larry H. Miller Group of Companies — parent company of the Larry H. Miller Dealerships and various other entities — will join that list of honorees. The foundation announced […] [Read More]

Lithia Motors says that it has a strong strategy for success in “acquiring strong stores that are underperforming relative to their potential.” The company says its latest acquisition is another example of that strategy. Lithia Motors on Tuesday announced the addition of Hamilton Honda in Hamilton Township, N.J. The company said the move expands Lithia’s […] [Read More]

EchoPark Automotive is moving from the “Petri dish” to “significant growth mode,” says its president Jeff Dyke, who holds the same position with parent company Sonic Automotive. Sonic’s standalone used-car store chain, which is now profitable and expected to break $1 billion in revenue this year, will likely open another location in 2019, something it […] [Read More]

The certified pre-owned program from GMC is one of the favorites of third-party car listings brand, Autotrader. The company likes GMC's program because it offers an additional year of comprehensive coverage, along with six years or 100,000 miles of powertrain protection. This month, GMC features a bigger benefit for shoppers choosing a certified pre-owned Acadia, Sierra […] [Read More]

Sheehy Auto Stores is planning its 22nd annual Sheehy 8000 Sales Event, a community-wide program to sell 8,000 vehicles (through July 5) while raising awareness and funds for the American Heart Association. But the company’s support of the association extends beyond the Sheehy 8000. For the past several years, the company has sponsored and been […] [Read More]

Carvana unveiled its first Carvana Car Vending Machine in Missouri on Thursday. The machine, located in Kansas City, stands eight stories high and holds 27 vehicles. Also on Thursday, Carvana launched as-soon-as-next-day vehicle delivery to Topeka. The Kansas City car vending machine, located at 1700 W. 29th St., is the 18th in the U.S. for Carvana. […] [Read More]

The North Carolina Automobile Dealers Association has joined Cherokee Media Group’s Automotive Intelligence Summit as an industry partner. CMG, which is Auto Remarketing’s parent company, made the announcement Monday. The second annual Auto Intel Summit is set for July 23-25 in Raleigh, N.C., which is part of the same Research Triangle region of North Carolina […] [Read More]