Used-car sales in April beat year-ago figures by 3.0%, according to estimates from Cox Automotive, which said the pre-owned SAAR climbed to about 39.3 million for the month. That compares to a used-car SAAR of 38.1 million in April 2018 and a 39.0 million used-car SAAR in March, the company said in its Manheim Used […] [Read More]

After making its Wisconsin debut in Milwaukee last year, used car buying and selling e-commerce platform Carvana said on Tuesday it has launched in Green Bay and Appleton, Wisc. “We’re eager to expand in the state, and we’re confident Green Bay and Appleton will enjoy our new way to buy a car,” Carvana founder and […] [Read More]

CarMax’s rollout of its buying experience continues. In December, the company announced a program it describes as a customer-driven buying experience in which customers can buy a car completely from home, in-store, or a combination of both. CarMax said it plans to make the program available nationwide to most customers by early 2020. On Monday, CarMax announced its […] [Read More]

Personal transportation company Lithia Motors named Shauna McIntyre to its board of directors. McIntyre is currently program lead for Google Automotive Services at Alphabet Inc. McIntyre previously served in positions for Honeywell International, Achates Power, Ford Motor Co., and Egon Zehnder International. Lithia Motors emphasized McIntyre’s knowledge of the future of automotive technology and personal […] [Read More]

Buy a car, sell an existing car, access a vehicle subscription. Finance, insurance and service a car. The ability to take care of all those tasks at one place is the promise of the latest used-car offering from Holman Automotive. The dealership group has launched Holman GO in Princeton, N.J., taking an “all-in-one approach” and giving […] [Read More]

Auction Direct USA has upgraded its website to make used-vehicle shopping easier. Visitors to the Auction Direct USA website at auctiondirectusa.com will find up-to-date inventory of available used vehicles, including domestic and foreign-branded sedans, hatchbacks, crossovers, SUVs, minivans and pickup trucks. The company said pickup trucks are popular on the site, and the Chevrolet Silverado, GMC […] [Read More]

In line with what Sonic Automotive says is its leadership team’s desire to build a culture of inclusion and opportunity for female leaders at all levels within the company, the auto retailer will host its inaugural women’s leadership forum on Sunday in Houston. The symposium, which is open to all Sonic Automotive and EchoPark Automotive […] [Read More]

AutoNation’s stockholders on April 18 elected Thomas Baltimore Jr. and Steven Gerard to the auto retailer’s board of directors. Since January 2017, Baltimore has been chairman, president and chief executive officer of Park Hotels & Resorts Inc., a lodging real estate investment trust. Gerard was chief executive officer of integrated business services and products provider CBIZ Inc. […] [Read More]

Sonic Automotive’s EchoPark program has turned a corner in a big way. The retailer’s line of standalone used-car stores is now profitable and should break $1 billion in revenues this year, Sonic said Thursday in reporting financial results for the first quarter. And the dealership group’s leadership believes its EchoPark operations will eventually outpace its […] [Read More]

Consumer-centric vehicle trade-in tools are fertile ground today for dealers’ competition for buyers. More sophisticated than ever, these tools offer more confidence, transparency and often a guarantee for consumers hoping a dealer will buy their car — and for dealers looking for the kind of trades (at the right price) for their used-car departments. Whether […] [Read More]