Spencer Scott has joined automotive marketplace CarGurus as senior vice president of advertising and digital marketing solutions. Scott will oversee the company’s global advertising business and will also lead global strategy efforts for the company’s digital marketing products for dealerships. Scott previously led Publisher’s Clearing House’s revenue and media business, and before that he was […] [Read More]

The HGreg Group, which owns three Nissan dealerships in Canada, opened HGreg Nissan Delray Beach on March 6. The Florida location is HGreg’s first new-car dealership location in the United States.  (The group already owns several used-car stores in Florida.) In other dealership news, Jim Ellis Automotive Group in Atlanta acquired Toyota of McDonough in […] [Read More]

Used cars were always a major point of emphasis for Larry H. Miller. Miller, who founded Utah-based Larry H. Miller Dealerships in 1979, expected his business’ used-to-new vehicles sales ratio to be at 1-to-1. Miller died in 2009, but the company has continued to operate on his philosophy of the importance of used vehicles.   “The […] [Read More]

In challenging times, used-vehicle sales are there to take up the slack. At least that was the case for Group 1 Automotive in the fourth quarter and full-year 2018. When times are good for auto dealers, used-vehicle sales also often play a prominent role, and that was the case for Asbury Automotive Group, too, as […] [Read More]

 Amid concerns that 2019 will be a volatile year for new-car sales and that rising interest rates will erode profitability, Sonic Automotive reduced its employee headcount by 6 percent in the first quarter and is reining in capital expenditures, company executives said. So far, the company has identified around $20 million of reductions in selling, […] [Read More]

UPDATED: Headline and story text corrected to show that new vending machine location is in Pittsburgh.  Carvana notes that its new 130,000 square-foot vehicle inspection center in Indianapolis will increase the company’s production in the Midwest with annotation, full paint facilities, mechanical repair and patented 360-degree, high-definition photography. Located in Greenfield, Ind., an Indianapolis suburb, […] [Read More]

AutoNation Honda Hollywood has taken many steps to lower its energy costs and reduce its environmental impact in the community. Some of those steps include installing energy-efficient lighting and HVAC systems and state-of-the-art LED lighting in the interior and exterior of the dealership. Because of actions like that, AutoNation Honda Hollywood has been named a […] [Read More]

Kerrigan Advisors tabulated the figures and discovered the dealership buy/sell market recorded another year of tremendous activity in 2018, generating 6.9 percent in growth above the 2017 level and marking the fifth consecutive year of more than 200 transactions. According to The Blue Sky Report’s Year in Review released this week, analysts indicated 216 transactions […] [Read More]

Electric vehicle designer and manufacturer Fisker describes founder Henrik Fisker as an “EV pioneer” and a “world-renowned, American automotive icon.” Among his company’s highlights through the years is the Fisker Flexible Solid-State Battery, which the company says “is ushering in a new era in fast charging, safety and range.” Now as part of its new […] [Read More]

Those used vehicles on your front line and highlighted on your store website — especially certified pre-owned models — are going to look even more appealing if a new report from Edmunds is any indication. Edmunds projected on Wednesday that used-vehicle sales in 2019 are poised to hit the highest level since the recession. In […] [Read More]