The nation’s franchised car dealers are getting a major boost to their hiring efforts, thanks to a partnership between their national trade group and Hireology. The National Automobile Dealers Association is teaming up with the hiring and talent management platform on an array of measures to provide human capital management education and training for NADA […] [Read More]

Roger Penske, owner of Penske Automotive Group and multiple successful motorsports teams, will be the recipient of this year's Spirit of Competition Award from the Simeone Foundation Automotive Museum. An award gala for Penske will be held on Halloween night at the museum in Philadelphia. “No one epitomizes the ‘Spirit of Competition’ more than Roger […] [Read More]

Sonic Automotive didn’t have to leave home to open its newest EchoPark Automotive store. The retailer has launched an EchoPark used-car standalone store in Charlotte, N.C., which also happens to be where Sonic is headquartered. The new store is located at 3648 E. Independence Blvd. in Charlotte, about three miles from corporate headquarters. In addition […] [Read More]

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]