Now five years after revitalizing its event at the nation’s capital, the National Independent Automobile Dealers Association is seeing significant dividends from its political investment. NIADA recently completed another successful National Policy Conference with its annual Day on Capitol Hill, widening and strengthening the foothold the association has established in Washington D.C. NIADA revived its […] [Read More]

A sampling of results shared by automakers in news releases or via email shows a mostly positive September for the certified pre-owned car market. Kia, for example, said it sold 6,201 certified vehicles in September, up from 5,777 a year ago.   Volvo, meanwhile, said it increased its CPO sales by 35.5 percent year-over-year, moving […] [Read More]

CarMax tapped a top executive in the food business to help its used-vehicle retail operations. On Tuesday, CarMax announced that its board of directors has elected Pietro Satriano to membership on the board; a move that was effective on Monday. The company added Satriano will serve on its nominating and governance committee. Satriano has been the […] [Read More]

Certified used-vehicle sales are poised to set another all-time record in 2018, predict analysts, manufacturers and dealers. A healthy influx of off-lease vehicles and a better grasp on the value of certification among dealers and consumers are keeping demand for CPO vehicles strong.  Helping things along is that light trucks make up a bigger portion […] [Read More]

Familiar names now have new roles at Sonic Automotive. This week, the publicly traded dealership group announced that its board of directors has elected David Smith as chief executive officer and Jeff Dyke as president, both effective as of Tuesday. Sonic also said Scott Smith, the company’s co-founder, resigned as chief executive officer and president […] [Read More]

Audi has launched a monthly vehicle subscription service, partnering with five Dallas-Fort Worth-area dealerships, including two Group 1 Automotive stores. Through the Audi select subscription program, which costs $1,395 per month, subscribers will be able to use the Audi A4 sedan, A5 Cabriolet, Audi Q5 and Audi Q7 SUVs, and S5 Coupe models. They will […] [Read More]

Used-car retail sales this month are expected to slide a bit from August, but the seasonally adjusted annualized rate remains near 40 million units, as pre-owned cars represent an attractive option for many consumers. Edmunds is forecasting used-car sales of 3.3 million for September, which would be down from 3.4 million in August. The resulting […] [Read More]

Carfax is now playing a bigger role in the certified pre-owned vehicle programs at Nissan North America’s Nissan and Infiniti brands. When a shopper buys a CPO car from an Infiniti or Nissan dealership, he or she will be signed up for the free myCarfax service that sends out service reminders and recall alerts. Whichever […] [Read More]

AutoNation chief executive Mike Jackson, who has held that role since 1999, plans to transition out of his post as chairman, CEO and president next year to become executive chairman, the retailer announced Wednesday. The dealer group has extended Jackson’s contract through 2021. AutoNation’s board of directors has brought on the Spencer Stuart executive search […] [Read More]

HGreg.com has opened a new flagship location in Orlando, Fla., that sits on more than 15 acres of land. The recent opening of the company's largest dealership to date comes just ahead of the company's plans to open a fifth store that is currently under construction in North Miami. Along with having service and maintenance centers, the company announced Wednesday that […] [Read More]