When a dealership group opens up standalone used-car stores, one of the questions that ultimately comes up is, “Where will the inventory come from?” At AutoNation, the retailer has found some initial success in hosting car-buying events at its AutoNation USA used-car store in Houston. The dealer group — which also has an AutoNation USA […] [Read More]

Group 1 Automotive announced Tuesday that the company has acquired a new Audi dealership in Fort Worth, Texas. The addition of the new Texas dealership brings Group 1‘s portfolio of Audi dealerships to 13. [Read More]

Continuing a “normal pattern of stability,” the franchised auto dealer count in the U.S. climbed modestly in the first half of the year, with 98 percent of markets showing no real change, according to Urban Science. The firm’s 2017 mid-year Automotive Franchise Activity Report indicates there were 18,199 dealership rooftops as of July 1. That’s […] [Read More]

The method Penske Automotive Group plans to continue using to fill inventories at CarSense — its standalone used-vehicle retail locations primarily in the Northeast with intensions on expanding — should delight auction general managers who see buyers for this dealer group mingle in their lanes. Chairman Roger Penske said during the company’s latest conference call […] [Read More]

In time for end-of-summer shopping, Cars.com recently released a list of the most popular convertibles among consumers. The site’s latest study on shopper's online activity revealed what convertibles are most popular and where in the U.S. shoppers are buying these models most. Turns out, being named as America's favorite was the Chevrolet Camaro. And the state where convertibles are most popular […] [Read More]

After buying a Pittsburgh dealer group this spring, Lithia Motors turned its attention to the West Coast with its latest acquisition. The retailer announced Tuesday it has purchased Downtown Los Angeles Auto Group. The California group, also known as DTLA, includes Audi, Mercedes-Benz, Nissan, Porsche, Toyota and Volkswagen dealerships located in downtown Los Angeles plus […] [Read More]

As consumers head out this month to shop for coveted back-to-school season items, Autotrader has come out with its top picks for certified pre-owned deals in August, which features long warranty term offerings from Jaguar and its sister brand, Land Rover. "Going CPO is a great option for car shoppers looking to get a lot while […] [Read More]

Mercedes-Benz USA said it has received approval from the U.S. Department of Labor and Department of Veterans Affairs to become the first luxury automotive manufacturer to offer a Registered Apprenticeship Program. MBUSA’s new 16-week technician training and development program, Mercedes-Benz DRIVE, trains veteran and non-veteran candidates for in-demand technician careers at authorized Mercedes-Benz dealerships. The […] [Read More]

The Chrysler brand and Kango, the app-based, rideshare service for children, recently announced a new partnership that will make a fleet of new Chrysler Pacifica Hybrid minivans available to eligible Kango drivers for lease in San Francisco. The California-based Kango said Chrysler Pacifica Hybrids will be available to its San Francisco Bay area drivers beginning this […] [Read More]

Certified pre-owned vehicle sales fell more than 3 percent in July, but year-to-date numbers still remain slightly ahead of the 2016 pace. That’s according to numbers released Tuesday by Autodata Corp. There were 227,045 CPO sales for the month, which was off 3.2 percent year-over-year but up 2.3 percent from June. Through seven months, there […] [Read More]