Through a new partnership between TrueCar and grocery retailer Kroger, customers will receive price context, upfront guaranteed savings off the manufacturer’s suggested retail price on new vehicles, and in some states, discounts on used vehicles. Called the Kroger Auto Buying Program, it will be open to Kroger customers who shop at stores within Kroger, Dillons, […] [Read More]

Lithia Motors announced on Monday that it has acquired Williams Automotive Group’s Honda and Toyota stores in the greater Tampa, Fla. market, widening its already large "coast-to-coast network."  Lithia Motors president and chief executive officer Bryan DeBoer said the new partnership increases the company’s national coverage, which he said now reaches nine out of every 10 […] [Read More]

NIADA Certified Pre-Owned on Wednesday introduced the NIADA CPO Daily Rental Vehicle Program, which leaders say can bring increased service revenue to independent dealers. Scott Lilja, who is senior vice president of member services at the National Independent Automobile Dealers Association, said the new program offers the association’s dealer members improved efficiencies “and an outstanding complement to our […] [Read More]

CarGurus is readying a suite of digital marketing products that will more strategically connect the 37 million unique consumers that visit its online automotive marketplace each month with the websites of dealers who list vehicles for sale on CarGurus.com. The group of “real-time performance marketing” products is set to debut in January, said CarGurus president […] [Read More]

Group 1 Automotive said on Thursday that its president of U.S. operations Daryl Kenningham will also assume responsibility for the company’s Brazilian automotive operations. Group 1 president and chief executive officer Earl Hesterberg said in a news release that Kenningham has served an instrumental role in driving the company’s U.S. performance. “And extending his role to […] [Read More]

On Saturday at AutoNation Tempe in Arizona, guests learned about AutoNation's commitment to defeat cancer. Waymo self-driving vehicles were available for rides, and during the AutoNation customer appreciation event, residents and children who are current or former cancer patients at Phoenix Children’s Hospital and their families were among the first to ride in Waymo's fully […] [Read More]

The Flamboyan Foundation believes all children deserve the opportunity to live a fulfilling life. The foundation works to ensure every U.S. and Puerto Rico child has an opportunity for a strong education. Volkswagen of America says it believes in the importance of education, and it supports causes like the Flamboyan Foundation. That support continued on […] [Read More]

Contained in the same report that highlighted used-vehicle retail sales, the midyear version of NADA Data 2019 released by the National Automobile Dealers Association (NADA) highlighting the average earnings of employees at franchised dealerships. This year’s report shows that, as of the end of June, the country’s 16,741 franchised light-vehicle dealerships in the United States […] [Read More]

Late on Thursday, CarMax announced the next segment of its long-term planning process; this time involving its chief financial officer transition. The company said in a news release that Enrique Mayor-Mora, who has served as CarMax’s treasurer since 2016, will be promoted to senior vice president and CFO. Meanwhile, Tom Reedy, who has served as […] [Read More]

Based on sales data for the first six months of each calendar year dating back to 2013, franchised dealerships are retailing more used vehicles this year than ever. The National Automobile Dealers Association shared that sales trend on Wednesday afternoon as a part of its midyear version of NADA Data 2019, a biannual financial profile […] [Read More]