On Monday, the National Highway Traffic Safety Administration (NHTSA) announced the creation of a compliance assistance program to help regulated entities, including vehicle and trailer manufacturers,  as well as equipment manufacturers comply with safety regulations as a means to promote safety on our highways.  NHTSA reiterated that regulated entities may not sell vehicles or equipment […] [Read More]

Group 1 Automotive is looking for new-car dealership “opportunities” in the United States, United Kingdom and Brazil markets, the company said during its recent quarterly conference call. And as far as the standalone used-car store concept that has become increasingly popular, Group 1 chief executive officer Earl Hesterberg said his company has looked at the pre-owned stores “quite […] [Read More]

Kelley Blue Book has introduced the CPO Price Advisor, which is a new source for certified pre-owned vehicle pricing that has been added to its Price Advisor product suite. CPO Price Advisor pricing information is based on recent certified vehicle sales transactions and is adjusted for local market conditions and seasonal trends. The KBB CPO […] [Read More]

Volkswagen’s diesel emissions scandal is in the industry’s rearview mirror, and Bob Cockerham is excited about selling repaired certified pre-owned Volkswagen turbo-diesel cars — the only VW CPO vehicles that come with a two-year, unlimited-mile warranty. Cockerham said those emissions modified cars have already proven to be attractive to diesel aficionados and will help him […] [Read More]

Affinity Auto Program, which manages the Costco Auto Program, announced Tuesday that sales in 2017 surpassed two company records. Both total unit sales for the program overall and total unit sales during Costco's annual three-month Holiday Sales Event were record-breaking, the company said. According to calendar year data, in addition to the company’s Holiday Sales Event […] [Read More]

CarMax has once again made the list of "100 Best Companies to Work For" released by FORTUNE magazine. This year, the used-car retailer took spot No. 34 for its 14th consecutive year of making the list. "This award recognition is a direct result of the culture created by our associates,” CarMax chief executive officer Bill Nash said in […] [Read More]

HGreg.com announced Wednesday that it has opened HGreg.com Broward, its third location in Florida that includes a 28,515-square-foot building, along with more than 400 cars on a four-acre lot. The company said it will employ up to around 80 full- and part-time employees at the new location. HGreg.com belongs to the HGregoire network of new- […] [Read More]

Just like that four-cylinder engine in a 2017 model is probably much more efficient and robust than the same level power plant in a vehicle 10 years older, Asbury Automotive Group is anticipating an ongoing software upgrade will rev up its used-vehicle department to a much higher performance than what the dealer group experienced to […] [Read More]

Here’s an important update for dealerships that might have 2006 Ford or Mazda compact trucks in their inventory or customers who are still driving these older models. According to announcements from the Blue Oval and the National Highway Traffic Safety Administration, Ford and Mazda said that they are expanding their “do not drive warning” to […] [Read More]

CarMax recently announced that it has renewed its two-year commitment to veterans nonprofit The Mission Continues, which works to address local issues and make meaningful social change. The renewed partnership kicked off with a service project at Houston’s Roderick Paige Elementary School in honor of Martin Luther King Jr. Day with The Mission Continues and the […] [Read More]