There’s a unique auction happening now in Texas generating thousands of dollars in bids. And it’s not for classic muscle cars or a trio of cherries that you know you can retail quickly and for hefty gross profits. Rather, My Plates — the official vendor for specialty license plates in Texas — is auctioning a […] [Read More]

Clay Cooley Auto Group is now a big name in Arlington, Texas. The North Texas dealership group announced it has acquired Don Davis Ford and Don Davis Chrysler Jeep Dodge Ram in Arlington. Along with its previous addition of Don Davis Nissan, Clay Cooley now operates four dealerships in the city of about 400,000 between […] [Read More]

For an ad emphasizing speed, Carvana found a pretty good spokesman. Seven-time NASCAR Cup Series champion Jimmie Johnson is featured in a new commercial touting Carvana’s same-day vehicle delivery service, which allows select customers to receive their car in less than 24 hours after placing an order on carvana.com. The service, which was introduced in […] [Read More]

Carfluent, an artificial intelligence-driven website technology designed to connect car dealers with Spanish-speaking customers, has named former DealerFire and DealerSocket executive Aaron Schinke as its chief growth officer. The company said Schinke, who most recently served as CEO of software development firm Lincoln Labs, has a track record of leading teams and driving growth, and […] [Read More]

Ed Morse, founder of the Ed Morse Automotive Group, was posthumously inducted into the Florida Automobile Dealers Association Dealer Hall of Fame in a ceremony Thursday night at the at the Waldorf Astoria in Orlando. Morse, who died in 2012, was among 10 members of the Hall’s second class of inductees. The Hall was inaugurated […] [Read More]

Qvale Auto Group is down to its last two dealerships with the sale of two stores in the Tampa, Fla., area. According to The Presidio Group, which advised the seller in the transaction, Atlantic Coast Automotive, a large dealership group that operates some 90 dealership locations in Florida, Maryland, Pennsylvania, Virginia and New York, has […] [Read More]

Corwin Automotive Group likes Colorado Springs so much it bought another dealership there. The Fargo, N.D.-based dealership group has acquired Groove Honda in Colorado Springs. Colo., according to Pinnacle Mergers and Acquisitions, which advised on the transaction. The dealership, which has been renamed Corwin Honda of Colorado Springs, is Corwin’s second in the market, joining […] [Read More]

In 2012, Colin Li moved to Newark, N.J., from Hangzhou, China to study computer science with a career of goal of landing a computer programmer job with the likes of Microsoft or Google. Today, Li holds a master’s degree in computer science from the New Jersey Institute of Technology and is currently pursuing an MBA at New York University on a part-time basis. But his career path took a sharp turn ... [Read More]

Dalton Motors operates 50 auto dealerships in Mexico and three in the United States. But if you ask the company’s CEO Juan Carlos Rodriguez Villava about the Mexico dealerships, he will tell you he likes to think of his company in different terms. He elaborated on that as he talked about winning the International Dealer Group of the Year award, presented by Mach10 Automotive. The dealer group will be recognized at Used Car Week later this month. “We like the name, ‘international,’ but we like more the name North America,” said Villava, who works out of the company’s dealership group in National City in southwestern San Diego County, Calif. “I was born and raised proudly in Mexico, schooled here in the U.S., also have some school in Canada, so I personally feel like there’s no better region in the world than North America, for those three countries as a region.” He continues on that theme when asked to ... [Read More]

Delaware-based Winner Automotive Group added to its holdings in its home state with the acquisition of Diver Chevrolet in Wilmington from the Diver family. The dealership, now called Winner Chevrolet, becomes Winner’s sixth location in Delaware, joining Audi, Ford, Hyundai, Subaru and Volkswagen stores. Winner also operates Ford, Jaguar, Land Rover, Volvo, Porsche, Bentley, MG, […] [Read More]