AutoNation reported a relatively strong used-car performance in the third quarter as its focus on optimizing used acquisition showed results. But its inventory holding strategy did expose AutoNation to margin depreciation, AutoNation CEO Mike Manley said during the third quarter earnings call. He expects that to continue in the fourth quarter. “I think we have […] [Read More]

Rick Case Automotive Group has raised its support for a Florida hospital to another level. Rita Case, president and CEO of the South Florida-based dealership group, last week presented a $2 million donation to Cleveland Clinic Weston Hospital in Weston, Fla., to help fund research, education, patient care, programmatic and capital needs. “We have always […] [Read More]

It’s sort of like expanding your property by buying the house next door. Ourisman Automotive Group has acquired Hendrick Honda Woodbridge, which is adjacent to its existing Toyota and Chrysler Jeep Dodge Ram stores in Woodbridge, Va. Ourisman’s purchase of the Northern Virginia dealership from Hendrick Automotive Group was facilitated by The Presidio Group, which […] [Read More]

Boardwalk Auto Group has sold its four ultra-luxury dealerships in Texas to US Auto Trust, according to a news release from NBB, which was the exclusive transaction advisor to Boardwalk. Included in the transaction were Boardwalk Ferrari, Boardwalk Lamborghini, Boardwalk Maserati, and Boardwalk Pagani. This is the third major sale from Boardwalk that NBB has […] [Read More]

Carvana has expanded its same-day vehicle-delivery service to the greater San Diego area, the online used-car retailer said Tuesday. Sharing more details, the company noted that select customers in the area can have their purchases delivered on the same day they place their order. They can also utilize as-soon-as-same-day pickup or drop-off options if they’re […] [Read More]

Zeigler Auto Group has moved beyond being one of the Chicago area’s best companies to work for. Now it’s elite. The Michigan-based dealership group, which operates 15 locations in the Chicagoland region, was presented with an Elite Award for Employee Education and Development last month during the Chicago’s Best and Brightest Companies to Work For […] [Read More]

A top dealership in the San Francisco Bay Area now has a new owner. Bakhtiari Auto Group has acquired Acura of Fremont in Fremont, Calif., from Bruce Kavich, according to Haig Partners, which advised the seller in the transaction. In a news release, Haig said Acura of Fremont is one of the top-performing Acura dealerships […] [Read More]

The National Automobile Dealers Association announced its leadership for 2026, with vice chairman Rob Cochran set to become chairman and Sandy Fitzgerald Angello as the new vice chairman. The new officers were elected by the NADA board of directors during the board’s meeting this week. The new terms will begin at the NADA Show, set […] [Read More]

Lithia & Driveway’s aggressive approach to the dealership M&A market remains intact. In fact, it’s racing ahead at full speed. The giant dealership group, which operates more than 400 locations in the U.S., Canada and the U.K., has acquired Stivers Decatur Subaru in Decatur, Ga., from Stivers Automotive Group. In a news release, the company […] [Read More]

Sales enablement and consumer experience software platform TradePending has become a partner in the Mazda Digital Certified Program, the company announced. The certification gives Mazda dealers access to TradePending’s tools through MDCP, which offers dealers programs and technologies from a selection of certified providers. The company said those tools include Trade+, designed to convert website […] [Read More]