Retail
NADA announces dealership manager training series
Monday, May. 14, 2018, 05:26 PM
Auto Remarketing Staff
The National Automobile Dealers Association is gearing up for its dealership manager professional training series beginning next month. Participants can now choose from sales, office, parts and service management disciplines to complete a certification in just three months. The professional series is designed for new or high-potential department managers, according to NADA. Through Dec. 21, manager […] [Read More]
Penske adds to board; Sheehy’s benefit for heart association
Friday, May. 11, 2018, 05:54 PM
Auto Remarketing Staff
Penske Automotive Group has added a new member to its board of directors who brings extensive experience in the premium/luxury auto sector. The group announced Friday that Wolfgang Durheimer has been elected to the company board of directors at its annual shareholders meeting. He was most recently chairman and chief executive officer of Bentley Motors. "We […] [Read More]
Avis opens additional car sales locations across 3 states
Friday, May. 11, 2018, 03:49 PM
Auto Remarketing Staff
Consumers in three states can now visit several newly opened Avis car sales locations to shop for low-mileage vehicles. Avis Car Rental announced Wednesday that it has expanded its Avis Car Sales program with additional locations across Florida, Texas and Massachusetts. The company explained that it now provides a direct-to-consumer model amid increased demand for former rental cars. A […] [Read More]
Florida Congresswoman to appear at NIADA Convention and Expo
Friday, May. 11, 2018, 03:39 PM
Auto Remarketing Staff
A trailblazing federal lawmaker who took a stand against the Consumer Financial Protection Bureau is set to address the independent dealership community. Rep. Stephanie Murphy (D-Fla.) will be the featured speaker for the Welcome Luncheon at the 2018 National Independent Automobile Dealers Association Convention and Expo, coming up June 18-21 in Orlando, Fla. Murphy, who […] [Read More]
Autotrader names May’s top CPO deals
Thursday, May. 10, 2018, 02:43 PM
Auto Remarketing Staff
While car shoppers enjoy the last full month of spring, automakers have presented the market with several attractive certified pre-owned deals, which are sure to turn heads both before and after the Mother's Day and Memorial Day weekend ahead. Autotrader has come out with its latest list of top CPO deals that shoppers can take […] [Read More]
Used-car SAAR at highest rate of 2018
Tuesday, May. 8, 2018, 02:27 PM
Joe Overby, Senior Editor
Thanks mostly to two fewer selling days, used-car retail sales last month declined an estimated 2 percent from April 2017 — but they’re pacing ahead of year-ago figures and reached the highest SAAR yet in 2018, according to Cox Automotive. The seasonally adjusted annualized rate of used-car sales was at 39.7 million, company analysts estimate in […] [Read More]
NHTSA worried about unrepaired compact trucks with dangerous airbags in 21 locations
Monday, May. 7, 2018, 07:28 PM
Auto Remarketing Staff
Here’s an alert for auction managers and dealership personnel to look for a pair of recalled, older-model compact pickups that might be in the next sale or currently in inventory. There are 21 locations in particular where the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) is deeply concerned that certain higher-risk 2006 […] [Read More]
AutoNation offers update on standalone used-car stores
Monday, May. 7, 2018, 03:10 PM
Chris Hart-Williams, Staff Writer
AutoNation chief executive officer Mike Jackson recently joined other company executives to expound on the significance of reaching its fifth standalone used-car store and service center this year. Along with discussing the March opening of the retailer's respective fourth and fifth AutoNation USA stores in Las Vegas and Katy, Texas, during the company's latest quarterly call, Jackson shared rewarding sales results […] [Read More]
Costco Auto Program announces exclusive Volvo deals for members
Friday, May. 4, 2018, 05:57 PM
Auto Remarketing Staff
Costco members who are interested in a Volvo purchase or lease can get attractive benefits on select 2018 models through July 2. The Costco Auto Program announced the launch of its Volvo Special Offer, a nationwide promotion for Costco members Friday. Benefits of the promotion include Volvo Employee Pricing, additional incentives and a $250 Costco Cash […] [Read More]
US auto group buys Sonic store in Houston; Canadian group closes on large deal
Friday, May. 4, 2018, 04:58 PM
Auto Remarketing Staff
Along with Doggett Auto Group’s acquisition of Houston's large Lone Star Ford automotive dealership, the industry has also seen a sizable en bloc purchase of 10 Canadian stores north of the border this week. Leslie Doggett Industries' affiliate the Doggett Auto Group has acquired Houston's Lone Star Ford store from Sonic Automotive. The heavy equipment dealership group […] [Read More]
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