Retail
Kia announces record-setting month for CPO sales
Monday, Apr. 16, 2018, 06:00 PM
Auto Remarketing Staff
Kia Motors America boasts reaching a record number of certified pre-owned sales last month. The brand announced Monday that it achieved its best-ever monthly sales number in March — a total of 7,698 CPO vehicles. "Kia's certified pre-owned program proves to be popular with consumers looking for world-class vehicles," Kia Motors America vice president of […] [Read More]
Group 1 grows Brazil operations with Toyota market acquisition, Honda store expansion
Monday, Apr. 16, 2018, 04:54 PM
Auto Remarketing Staff
Group 1 Automotive announced Monday that the company has gained new Toyota sales territory in São Paulo, Brazil and will also relocate one of its top Honda dealerships in the area. Group 1 built its newly opened T-Drive Toyota Alphaville dealership after purchasing selected assets of the Toyota Alpha Trevo Automoveis store in the western São Paulo […] [Read More]
Dealership real estate finance firm hires Darvish as COO
Friday, Apr. 13, 2018, 02:39 PM
Auto Remarketing Staff
Tamara Darvish is embarking on another automotive industry endeavor. Capital Automotive Real Estate Services — which orchestrates custom tailored financing packages for dealers — announced that Darvish joined the company as its new chief operating officer. Capital Automotive highlighted that Darvish will use her knowledge and expertise to lead both the acquisition and real estate […] [Read More]
Autotrader highlights April’s top CPO deals
Thursday, Apr. 12, 2018, 05:51 PM
Auto Remarketing Staff
Car shoppers looking to update their current rides with the arrival of the spring season can take advantage of serval attractive offers and incentives for certified pre-owned vehicles this month. Autotrader has come out with its latest list of top deals available for shoppers to seize both this month and beyond. This month’s list features […] [Read More]
The CarMax Foundation, KaBOOM! team up to bring new playsets to military kids nationwide
Tuesday, Apr. 10, 2018, 06:33 PM
Auto Remarketing Staff
In recognition of the Month of the Military Child, longtime partners KaBOOM! and The CarMax Foundation have come together to build a community playground, as well as provide organizations that serve military families 10 grants for outdoor playsets. The partners are set to host 11 community events for the children of veterans and active duty […] [Read More]
Relaunched Carfax webinar series for dealers to cover how to optimize accident cars
Monday, Apr. 9, 2018, 03:13 PM
Auto Remarketing Staff
The best practice webinar series for dealers from Carfax will relaunch Thursday, and is now called the Carfax Insiders series, the company recently announced. Carfax's revamped webinar series includes two webinars that are geared toward helping dealers apply best practices at their used-car operations. “Get the Most out of Accident Cars, ” the first of two […] [Read More]
Online campaign yielding 17% of Texas dealer group’s brand sales over 30 days matches buyers with ads
Friday, Apr. 6, 2018, 08:50 PM
Chris Hart-Williams, Staff Writer
Aimed at helping dealers justify their ad budgets, a proprietary digital solution designed to show just where ad dollars are going each month can match car buyers with the exact display campaign messages that initially brought them in the door. A Texas dealer group that used the solution called DataMatch to increase the sales of a particular brand during a […] [Read More]
Dealer associations cheer Supreme Court ruling that service advisers are exempt from overtime
Friday, Apr. 6, 2018, 02:17 PM
Auto Remarketing Staff
National Automobile Dealers Association (NADA) and the National Independent Automobile Dealers Association (NIADA) both celebrated this week when the U.S. Supreme Court made a ruling in their favor. The associations recapped that on Monday the Supreme Court ruled automotive service advisers are not covered by the Fair Labor Standards Act’s overtime pay requirement, the final […] [Read More]
Slower CPO car sales? Not the case in March, as industry sets record
Thursday, Apr. 5, 2018, 04:24 PM
Joe Overby, Senior Editor
Granted, March tends to bring the year’s best certified pre-owned sales results anyway, but the CPO market was especially impressive last month, showing no signs of leveling off. In fact, last month had the strongest CPO sales total of all time, according to Autodata Corp., which said dealers moved 258,970 certified vehicles in March. […] [Read More]
Karma Automotive to debut 2nd TV spot during Masters Golf Tournament
Wednesday, Apr. 4, 2018, 05:57 PM
Auto Remarketing Staff
Karma Automotive announced Wednesday that it will run a spot featuring the Revero being driven in several Southern California locations during CBS' pre-coverage of the 2018 Masters Golf Tournament. Titled "Born in California," the spot is the company’s second network television commercial. "CBS coverage of the Masters kicks off spring for many parts of the nation, […] [Read More]
X