Retail
HGreg.com opens 3rd Florida dealership
Thursday, Feb. 15, 2018, 04:35 PM
Auto Remarketing Staff
HGreg.com announced Wednesday that it has opened HGreg.com Broward, its third location in Florida that includes a 28,515-square-foot building, along with more than 400 cars on a four-acre lot. The company said it will employ up to around 80 full- and part-time employees at the new location. HGreg.com belongs to the HGregoire network of new- […] [Read More]
Asbury cites software upgrade impacting Q4 used performance
Tuesday, Feb. 13, 2018, 08:52 PM
Nick Zulovich, Staff Writer
Just like that four-cylinder engine in a 2017 model is probably much more efficient and robust than the same level power plant in a vehicle 10 years older, Asbury Automotive Group is anticipating an ongoing software upgrade will rev up its used-vehicle department to a much higher performance than what the dealer group experienced to […] [Read More]
Older Ford and Mazda compact trucks have ‘Do Not Drive Warning’ because of Takata airbags
Monday, Feb. 12, 2018, 08:51 PM
Auto Remarketing Staff
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 renews 2-year commitment to veterans nonprofit, donates cargo van
Monday, Feb. 12, 2018, 06:51 PM
Auto Remarketing Staff
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]
Enterprise Rent-A-Car hunger relief initiative donates $20 million
Monday, Feb. 12, 2018, 06:15 PM
Auto Remarketing Staff
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]
DC dealers help to host Senate hearings during auto show
Monday, Feb. 12, 2018, 04:56 PM
Auto Remarketing Staff
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]
Used-car momentum only beginning for AutoNation
Friday, Feb. 9, 2018, 10:05 PM
Joe Overby, Senior Editor
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 to expand used-car superstore footprint in U.S. under CarSense brand
Friday, Feb. 9, 2018, 09:08 PM
Arlena Sawyers , Correspondent
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 announces nationwide Shopper Assurance program launch
Friday, Feb. 9, 2018, 05:21 PM
Auto Remarketing Staff
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 elects 2 new board members
Friday, Feb. 2, 2018, 06:42 PM
Auto Remarketing Staff
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]
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