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Dealer news: Wyler acquires ‘unicorn’ luxury-brand campus; Asbury named to Forbes list of top small-cap companies; South Texas Chevy store sold
Wednesday, Jan. 14, 2026, 04:26 PM
Retail
Bernie Moreno invests in Ohio-based personal driver service
Monday, Aug. 6, 2018, 06:48 PM
Auto Remarketing Staff
Bernie Moreno Companies (BMC) has made an investment in the Dryver personal driver service to help the company boost activity in current markets and support new growth. The BMC dealership group announced Monday that it has partnered with Dryver to expand its business, but details and terms of the investment and partnership have not been disclosed. […] [Read More]
Morgan Auto Group buys 1st Hyundai store, adds another Mitsubishi location
Monday, Aug. 6, 2018, 02:10 PM
Auto Remarketing Staff
Morgan Auto Group has expanded its portfolio to a total of 32 dealerships with the addition of two new stores that will be led by Jerry Clark. The company announced Friday that its newly acquired Brandon Hyundai and Brandon Mitsubishi stores in Tampa, Fla., represent its first and third Hyundai and Mitsubishi dealerships, respectively. “The Brandon Hyundai […] [Read More]
Sonic’s EchoPark stores ‘profitable,’ but new-vehicle margins suffer
Wednesday, Aug. 1, 2018, 07:58 PM
Arlena Sawyers, Correspondent
Sonic Automotive’s EchoPark stand-alone, used-vehicle stores were “profitable as a group” in June, Sonic executive vice president of operations, Jeff Dyke, said during the company’s second quarter earnings call on July 27. Dyke said EchoPark’s seven stores made more than $1 million in June and were tracking to exceed that amount in July. The company […] [Read More]
Carfax aims to raise 60K supporting DC biking fundraiser for autism research
Wednesday, Aug. 1, 2018, 02:55 PM
Auto Remarketing Staff
More than 1,000 people will convene in Washington D.C. on Friday for a 106-mile charity bicycle ride with the hopes of bringing in over $400,000 for autism research as part of the annual Bike to the Beach DC fundraiser Carfax is supporting for the seventh year in a row. This year, Carfax has set a goal of raising of […] [Read More]
Mitsubishi prepares to set up 2 new US regional offices in Calif., Fla.
Tuesday, Jul. 31, 2018, 02:28 PM
Auto Remarketing Staff
Amid five consecutive years of annual sales growth, Mitsubishi Motors North America (MMNA) has made plans to grow its U.S. field operations zone offices from two locations to four locations. The automaker announced Monday that it will assemble new U.S. regional offices that will operate out of Cypress, Calif. and Orlando, Fla. The new offices will join […] [Read More]
Hertz appoints former Allstate VP as new CIO
Monday, Jul. 30, 2018, 03:07 PM
Auto Remarketing Staff
Hertz Global Holdings has announced that Allstate’s Opal Perry will serve as the company’s new executive vice president and chief information officer. Perry, a global technology leader who brings over 25 years of experience, was most recently VP of technology and strategic ventures at Allstate. During her time at the insurance company, she worked to boost customer satisfaction for auto […] [Read More]
Dealer cuts the cord to traditional media; goes all digital, all the time
Friday, Jul. 27, 2018, 07:46 PM
Arlena Sawyers , Correspondent
On April 1, Ryan Norris, co-owner of Toyota of Easley, in Easley, S.C., dropped all TV, print and radio advertising and went all digital media, all the time. The date also marked the debut of “Ask Ryan,” a weekly online show during which Norris personally answers questions submitted by customers and the curious who want […] [Read More]
Lithia works with Pro Bowl QB for youth mentorship program
Friday, Jul. 27, 2018, 06:56 PM
Joe Overby, Senior Editor
Russell Wilson’s nimble, fleet-footed quarterbacking of the Seattle Seahawks has earned him legions of fans through the Pacific Northwest and beyond. And a new partnership with Lithia Motors is likely to earn him a few more. The dealership group tweeted Thursday afternoon that it will be teaming with the all-pro quarterback to help aid a […] [Read More]
Sheehy’s 21st fundraiser for American Heart Association brings in record $300K
Friday, Jul. 27, 2018, 03:07 PM
Auto Remarketing Staff
Sheehy Auto Stores announced Thursday that it has collected a total of $300,000 to donate to the American Heart Association. This is a record-breaking donation that Sheehy made as part of its annual Sheehy 8000 campaign — a 55-day campaign created to raise funds and awareness for the charity. From May 11 to July 5, […] [Read More]
Strong Group 1 Q2 performance fueled by focus on used vehicles
Thursday, Jul. 26, 2018, 03:11 PM
Auto Remarketing Staff
Group 1 Automotive today announced its positive results for the second quarter were due in part to a company-wide focus on used vehicles and “strong cost control.” The focus on pre-owned paid off for the dealer group in Q2, as it retailed 28,484 used vehicles, up from 25,202 sold during Q2 2017. Retail used-vehicle revenue was on […] [Read More]
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