AutoNation’s net income from continuing operations rose 11 percent to $97.4 million in its second quarter, aided by its used-vehicle operations, the company reported. AutoNation CEO Mike Jackson credited the record number of “nearly new” off-lease vehicles returning to the market with underpinning used-vehicle sales at AutoNation and other dealership groups.  “You have 4 million […] [Read More]

The numbers foretell how dramatic inventory planning must change if dealers want to keep their used-car lots filled. Decreasing new-car sales, declining lease originations and consumers keeping vehicles longer are together tightening the supply of used cars. New-car dealers feel the pinch, and so too do independent and buy-here/pay-here (BHPH) operators. Some say the car business […] [Read More]

Amid a shortage of qualified automotive technicians in the country, Mercedes-Benz USA announced Monday that it has launched a new partnership with Jefferson Community and Technical College (JCTC) in Louisville, Ky., to help address the current need for more skilled technicians in the U.S. This news comes just about a year after MBUSA introduced Mercedes-Benz […] [Read More]

Following up from arranging a strategic partnership with the National Independent Automobile Dealers Association, HyreCar — the carsharing marketplace for ridesharing — announced on Tuesday that it is expanding its unique dealer focused “path to ownership” program with stores in six different cities throughout the United States. The development potentially adds more than 500 vehicles […] [Read More]

At a time when many people are inside trying to dodge the high temperatures, drivers interested in shopping certified pre-owned vehicles may find coming out and facing the summer's heat this August worth their while. Autotrader has come out with its latest list of top CPO deals that consumers can take advantage of all month long. This month's list includes an enticing […] [Read More]

AutoNation announced Thursday that it has proposed a $300,000 matching grant to help combat homelessness across the Southeastern Florida area that is home to the company’s headquarters. Until Dec. 31, AutoNation said it will now match up to $300,000 in donations made to the United We End Homeless project started by Broward County business leaders. The joint initiative […] [Read More]

Dealers can find out how to use techniques that are intended to help boost buyer interest in online used-car inventory in the next Carfax Insiders webinar that’s set to broadcast on Thursday at 2 p.m. (ET). The company announced a relaunch of its free best practice webinar series for dealers that is designed to share […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. First up is Jill Whitehead, senior vice president of operations at Dominion Dealer Solutions. Auto Remarketing: What have been some of the […] [Read More]

Throughout June and last month, Florida’s Subaru of Pembroke Pines and The Leukemia & Lymphoma Society's (LLS) Southern Florida Chapter took part in the Subaru Loves to Care initiative for a third consecutive year to provide gift bags to patients who are currently battling cancer this summer. Subaru Loves to Care, Subaru of America's 2-year-old health-concentrated initiative, has […] [Read More]

In its 20th year of funding pediatric cancer research, the Hyundai Hope On Wheels nonprofit organization has gifted its $100,000 Hyundai Impact Award to the Orlando Health Arnold Palmer Hospital for Children. The Hyundai Impact Award, which has been awarded to 21 other recipients, was presented this year to Dr. Don Eslin, who practices pediatric […] [Read More]