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]

The Enterprise Rent-A-Car Foundation announced Monday that it has donated a total of $20 million to food banks over two years as part of its Fill Your Tank initiative, which aims to provide $60 million to address food insecurity in communities served. The companywide initiative was launched in 2016 to celebrate Enterprise's 60th anniversary over […] [Read More]

Dealers and lawmakers recently found another way to gather in the shadow of Capitol Hill. Events DC, the official convention and sports authority for the District of Columbia and the Washington Area New Automobile Dealers Association (WANADA) welcomed the U.S. Senate Committee on Commerce, Science and Transportation along with the Committee on Energy and Natural […] [Read More]

AutoNation opened three standalone used-car stores in 2017, rolled out its fourth in January and has plans to open its fifth AutoNation USA location — this time in Las Vegas — by the end of this quarter. What’s more, the retailer is making additions on the wholesale side of pre-owned, too, with plans to open […] [Read More]

Penske Automotive Group will expand its standalone, used-vehicle supercenter footprint with three new used-car stores in the U.S., said chief executive Roger Penske. The company will open the greenfield sites under its U.S. brand, CarSense, which operates five used-car supercenter locations in Pennsylvania and New Jersey. The first new location will be in Phoenix and […] [Read More]

Hyundai Motor America announced Friday that its Hyundai Shopper Assurance program that is designed to give car buyers an easier and faster way to make a purchase or lease will be available nationwide. Following its initial launch in four markets late last year, Hyundai said the program is set to roll out at participating dealerships […] [Read More]

CarMax announced Friday that John Standley has retired, and its board of directors has elected new members Peter Bensen and Robert Hombach, effective April 1. Standley, chairman and chief executive officer of Rite Aid Corporation, retired from the board this past Monday because of other business demands, the company said. And Jeff Garten, Yale School of […] [Read More]

Penske Automotive Group announced Thursday that it has raised over $1 million through its "Service Matters" campaign for the  Paralyzed Veterans of America. The annual campaign has now raised more than $3 million for the veterans service organization since 2015, the company said. This year, Penske has matched each donation — up to a total contribution […] [Read More]

After just narrowly notching another record year, sales of certified pre-owned vehicles climbed more than 5 percent in January. The CPO market began 2018 with 203,024 sales last month, according to Autodata Corp. This was a 5.3-percent hike over January 2017 — although it was also an 8.2-percent decrease from December. The Big 3 was the highlight of the […] [Read More]