Retail
Lithia works with Pro Bowl QB for youth mentorship program
Joe Overby, Senior Editor
Russell Wilson’s nimble, fleet-footed quarterbacking of the Seattle Seahawks has earned him legions of fans through the Pacific Northwest and beyond. And a new partnership with Lithia Motors is likely to earn him a few more. The dealership group tweeted Thursday afternoon that it will be teaming with the all-pro quarterback to help aid a […] [Read More]
Sheehy’s 21st fundraiser for American Heart Association brings in record $300K
Auto Remarketing Staff
Sheehy Auto Stores announced Thursday that it has collected a total of $300,000 to donate to the American Heart Association. This is a record-breaking donation that Sheehy made as part of its annual Sheehy 8000 campaign — a 55-day campaign created to raise funds and awareness for the charity. From May 11 to July 5, […] [Read More]
Strong Group 1 Q2 performance fueled by focus on used vehicles
Auto Remarketing Staff
Group 1 Automotive today announced its positive results for the second quarter were due in part to a company-wide focus on used vehicles and “strong cost control.” The focus on pre-owned paid off for the dealer group in Q2, as it retailed 28,484 used vehicles, up from 25,202 sold during Q2 2017. Retail used-vehicle revenue was on […] [Read More]
DriveTime appoints new CFO from Wells Fargo
Auto Remarketing Staff
DriveTime announced Monday that it has named a new chief financial officer to replace Kurt Wood. After four years of service and replacing Mark Sauder in 2014, Wood is leaving his CFO post at DriveTime, the used-car retailer said in a news release. Chosen to replace Wood is Mary Leigh Phillips, who most recently served as […] [Read More]
Survey: Chinese automakers may face uphill battle when entering US market
Auto Remarketing Staff
Consumers are very familiar with Japanese brands, and they have obviously been very well received. But the case might not immediately be the same for Chinese brands eyeing entry in the U.S. According to a recent poll by Autolist, Chinese brand vehicles may face difficulties “earning the trust” and attention of U.S. car shoppers. According to […] [Read More]
HGreg.com to enter Orlando market; looks to fill up to 85 positions
Auto Remarketing Staff
HGreg.com, part of HGregoire, a network of 22 new and pre-owned car dealerships, is entering the Orlando, Fla., market. Later this summer, HGreg.com will be opening its fifth store in the Sunshine State. The location, at 2510 Jetport Drive, is just one mile west of the Orlando International Airport. The new store will offer buyers […] [Read More]
Asbury sees used-vehicle retail sales rise by 7 percent in Q2
Auto Remarketing Staff
Asbury Automotive Group announced its second quarter results on Tuesday, reporting a total of 21,685 used cars retailed during Q2, up from 20,263 sold during the same period of last year — for a 7-percent spike in used sales. Total new-vehicle sales came in at 26,069, up from 25,131 compared to the same time in […] [Read More]
Avis Budget offers new rewards for Amazon customers
Auto Remarketing Staff
Avis Budget Group plans to give Amazon customers a little something extra. The rental company revealed it will reward Amazon members with special perks when they rent a car through Avis. Now, Amazon customers who book an Avis vehicle will not only save money on their rental, but they will also be sent an Amazon.com […] [Read More]
Lithia names former Walmart exec new HR head
Auto Remarketing Staff
Lithia Motors announced Monday that it has brought on a new senior vice president and chief human resources officer. Chosen for the position is Erik Lewis, who most recently served as chief human resources officer at the hospitality company Apple Leisure Group. Lewis' appointment comes just a week after the company announced that it has named its first-ever […] [Read More]
Kia Motors America, SiriusXM extend partnership for intro subscriptions
Auto Remarketing Staff
Last week, Kia Motors America announced its customers will continue to receive a three-month SiriusXM all-access subscription. The OEM and SiriusXM have extended their partnership by another five years, taking the offering through Kia’s 2023 model year. The all-access programming package is the satellite radio company’s most expansive, and includes streaming via its mobile app. […] [Read More]
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