One of Kia’s flagship dealerships has new owners. Kerrigan Advisors represented and advised Car Pros Automotive Group in its recent sale of Carson Kia — which the firm said is the highest volume Kia dealership in the U.S. since 2016 — to southern California-based Trophy Automotive Dealer Group (TADG). Opened in 2017, Kerrigan Advisors highlighted […] [Read More]

In an effort to help drive the adoption of homeless dogs into loving homes on National Dog Day, Autotrader has introduced a special-edition website for a limited time in partnership with Adopt-a-Pet.com called Dogtrader.com. The new site marks the brand’s fifth consecutive year of celebrating National Dog Day, coming up this Sunday.  In addition to being able to […] [Read More]

The latest data shows that car row in many other markets besides where your rooftop operates hasn’t changed much in the past few months. Urban Science released statistics and insights from its 2018 mid-year “Automotive Franchise Activity Report” (FAR), indicating continued stability in the number of franchised dealerships in the United States. As of July […] [Read More]

Hertz Global Holdings has named Jamere Jackson from Nielsen Holdings to replace outgoing company chief financial officer Thomas Kennedy. The company announced Monday that after four-plus years with the company, Kennedy has resigned. And Hertz's senior vice president and chief accounting officer Robin Kramer will assume the additional role of acting CFO in the interim […] [Read More]

Auto retail expert Cory Mosley recently launched an online strategic consulting and presentations communications coaching service to help vendors and dealers win more sales. The resources are all available at MOSLEYB2B.com. “Having spent almost two decades working with and advising dealers, associations, and manufacturers, I have developed a unique perspective on how to truly penetrate […] [Read More]

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]