Anthony Foursha says Craig Pierce’s leadership qualities and “impressive business acumen” have been valuable to fleet services provider ARI. “Craig’s extensive knowledge of the industry’s landscape and his unrivaled ability to understand the tangible ways fleet impacts our customers’ business are certain to fuel our continued growth and success for many years to come,” Foursha, […] [Read More]

In this episode of the Auto Remarketing Podcast, we continue with our special episodes recapping general sessions from Used Car Week. Next up is a Dealer Training Tuesday presentation from Sellchology founder and president Jonathan Dawson. Dawson discusses "Out-Experiencing Your Competition: How to Create Raving Fan Advocates Through Customer-Centric Selling!" Keep tabs on the Auto Remarketing […] [Read More]

Lisa Lutoff-Perlo has served as president and chief executive officer of Celebrity Cruises since December 2014. Prior to that, she served in other cruise industry roles. On Friday, AutoNation said it appointed Lutoff-Perlo to its board, a move that was effective Feb. 3. She will serve as an independent director for the company. From 2012 to […] [Read More]

Group 1 Automotive generated notable increases within its used-vehicle department in the United States both during the fourth quarter and for all of 2019. And when company leaders held a conference call to discuss those performances a little more than 30 days into 2020, they shared a positive outlook for Group 1 to post similar […] [Read More]

Team Toyota in Indiana has primarily used CarOffer to acquire inventory, said its used-car manager Mike Miskus. “We’ve purchased over 70 units through the platform in the last couple of months and found it to be a fantastic new way to source upstream vehicles,” Miskus said in a news release. He continued, “It’s allowing us […] [Read More]

It’s already been quite a 2020 for Carvana expansion. The used vehicle e-commerce platform has already made at least 10 expansion announcements since the beginning of the year, with rollouts in states such as Wyoming, Wisconsin and Minnesota. On Jan. 30 and 31, the company brought its services to three markets in Central Valley and […] [Read More]

Admittedly, Asbury Automotive Group didn’t start 2019 as strong as it would have liked on the used-car side. But it was a different story in the fourth quarter, with same-store used-vehicle sales climbing 10% year-over-year. The big driver? Certified pre-owned, where sales jumped 16% year-over-year in Q4, president and chief executive officer David Hult said […] [Read More]

Jim Appleton of the New Jersey Coalition of Automotive Retailers is proud of the generosity of New Jersey’s 510 neighborhood new car dealerships, which he said contribute nearly $16 million each year to hundreds of organizations. “Our members’ ongoing relationship with The Valerie Fund is a testament to the incredible work the Fund does to […] [Read More]

E-commerce platform Carvana describes itself as the fastest-growing auto retailer in the United States. Noting that rapid growth, Carvana founder and chief executive officer Ernie Garcia says “We’re growing incredibly fast and expanding as-soon-as-next-day delivery to more communities every day.” That growth continued with Carvana’s Wyoming launch announcement on Monday, with the company offering as-soon-as-next-day […] [Read More]

More than a decade removed from the Great Recession, media analysts and economists believe there is potential for an economic downturn to occur within the next few years. Despite the speculation, the automotive finance market appears to be strong. In fact, Experian’s Q3 2019 State of the Automotive Finance Market report continues to show year-over-year […] [Read More]