Used-car retail sales this month are expected to slide a bit from August, but the seasonally adjusted annualized rate remains near 40 million units, as pre-owned cars represent an attractive option for many consumers. Edmunds is forecasting used-car sales of 3.3 million for September, which would be down from 3.4 million in August. The resulting […] [Read More]

Carfax is now playing a bigger role in the certified pre-owned vehicle programs at Nissan North America’s Nissan and Infiniti brands. When a shopper buys a CPO car from an Infiniti or Nissan dealership, he or she will be signed up for the free myCarfax service that sends out service reminders and recall alerts. Whichever […] [Read More]

AutoNation chief executive Mike Jackson, who has held that role since 1999, plans to transition out of his post as chairman, CEO and president next year to become executive chairman, the retailer announced Wednesday. The dealer group has extended Jackson’s contract through 2021. AutoNation’s board of directors has brought on the Spencer Stuart executive search […] [Read More]

HGreg.com has opened a new flagship location in Orlando, Fla., that sits on more than 15 acres of land. The recent opening of the company's largest dealership to date comes just ahead of the company's plans to open a fifth store that is currently under construction in North Miami. Along with having service and maintenance centers, the company announced Wednesday that […] [Read More]

In an effort to promote awareness regarding its fight against cancer, The AutoNation Give Love Drive Pink Tour made a scheduled visit to the Sonoma Raceway for the INDYCAR Grand Prix of Sonoma this past weekend. AutoNation sponsored drivers, Andretti Autosport's 2014 Indy 500 Champion, Ryan Hunter-Reay and Meyer Shank Racing driver Jack Harvey, raced on Sunday and partnered […] [Read More]

There’s now a new way for traveling Avis customers to return a rental vehicle and be conveniently dropped off at the airport terminal curb. Avis announced Wednesday that customers can sign up for a new Curbside Delivery option via the Avis mobile application when traveling in 35 cities. “We’ve all been in that situation where […] [Read More]

Lithia Motors, one of the six publicly traded dealer groups in the U.S. and the fourth largest auto retailer, is leading a $140 million round of Series D financing in Shift, an online automotive marketplace. The funding announced Thursday morning, which includes equity and debt, more than doubles Shift’s total financing of equity and debt, […] [Read More]

Carvana has grown its Oklahoma market presence with its latest market launch in the growing city of Tulsa. “Tulsa has a metro population approaching 1 million people, yet maintains a warm and welcoming local culture,” Carvana founder and chief executive officer Ernie Garcia said in a news release. The online used-vehicle retailer announced Wednesday that […] [Read More]

New vehicles from the 2018 and 2019 models are filling rows at franchised dealerships, but Autotrader spotted a half dozen financing offers that are making certified pre-owned vehicles stand tall at stores, too. This week, Autotrader compiled a list of what experts believe are the best CPO deals going in September, noting a mix of […] [Read More]

Group 1 Automotive has added a former Deloitte executive to its board of directors, bringing the total number of board members up to 10. The retailer announced Wednesday that joining its board effective immediately is Anne Taylor, who worked for Deloitte in such roles as its first chief strategy officer, managing partner of the Houston […] [Read More]