Used-car sales this month are likely to decline modestly from March, but the seasonally adjusted annualized rate should remain steady. That’s according to an analysis released this week by Edmunds, which projects April used-car sales of approximately 3.5 million units. That would be down from 3.7 million in March. The SAAR for both months, however, […] [Read More]

The challenging winter weather experienced in much of the dealership footprint held by Lithia Motors left its mark on the first-quarter performance the dealer group reported on Wednesday. Despite the Northeast getting especially pounded by snow and other elements preventing potential buyers coming to showrooms, Lithia managed a 4.2-percent improvement in used-vehicle retail sales during […] [Read More]

When Brenna Stansberry got out of high school she could have joined the family used-car business, Park Marina Motors. But she joined the Navy. “The car business was stressful, and I saw that in my parents,” said Stansberry, who later had a family, joined the business and is now the owner of the Redding, Calif., […] [Read More]

After driving over 40 vehicles through a series of exercises on a 2.5-mile racetrack, members of the Texas Auto Writers Association (TAWA) voted for Lexus and Chrysler to take home the top two awards at this year’s Texas Auto Roundup. Over the course of two days, 49 TAWA members learned about a total of 46 different […] [Read More]

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 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]

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]

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]

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]

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]