Retail
Cars.com analyst talks difference between used, new, CPO buyers
Chris Hart-Williams, Staff Writer
Compared to a new vehicle, a certified pre-owned vehicle purchase can be a more attractive and affordable alternative for consumers interested in driving both mass-market and luxury vehicles. All month long, Cars.com has voiced strong consumer demand for CPO vehicles, noting that dealers have an opportunity to attract more of these buyers, as part of the site's second annual Cars.com CPO Month. Dealers […] [Read More]
Haig Partners facilitates store acquisitions by Asbury and Jim Ellis
Auto Remarketing Staff
Vehicles aren’t the only industry merchandise that recently rolled over the curb in the Atlanta market. Haig Partners represented Ken Page and Scott Smith, principals of Automotive Associates of Atlanta (AAA), in the sale of two of their six Atlanta dealerships to Asbury Automotive Group and Jim Ellis Automotive Group. Asbury has acquired Toyota of […] [Read More]
AIADA adds Google as newest affinity partner
Auto Remarketing Staff
Now members of the American International Automobile Dealers Association say they’re going to “Google” something, it could have a vastly different meaning. On Wednesday, AIADA announced a new affinity partnership with Google. The association highlighted that Google’s automotive team supports manufacturers and dealers by enabling them to reach the right audience with the right message […] [Read More]
Autotrader announces this year’s ‘Best’ CPO programs
Auto Remarketing Staff
During a time when it can be hard for consumers to easily narrow down what certified pre-owned vehicle programs to shop, Autotrader has come out with a list of top programs for shoppers to consider this year. Autotrader announced that it has come out with its list of the top luxury and non-luxury CPO programs for 2018 on Tuesday. […] [Read More]
Avis joins other retailers pushing used-vehicle inventory on classified site free of charge
Auto Remarketing Staff
Avis has followed the footsteps of other automotive retailers that now list their used-car inventory free of charge — nor do they pay for leads. The car rental company has joined the UsedCarsForSale.com’s classified platform, which touts a more user-friendly marketplace than competing paid for classified websites that can deliver both expensive and low-quality leads to dealers, […] [Read More]
Dealer Solutions North America expands from Canada into 6 states
Auto Remarketing Staff
One of Canada’s largest retail automotive M&A consulting firms is looking to gain more business in the United States, choosing a former Audi and Penske executive to lead a growing footprint into six states. Dealer Solutions North America, specialists in advising on and providing strategies for buying and selling dealerships, has announced its expansion into the […] [Read More]
Connecticut Subaru store continues to support camp for children with cancer
Auto Remarketing Staff
A Connecticut Subaru dealership continued to enhance a charitable program orchestrated by the OEM, resulting in a donation of more than $50,000 to an organization near the store. Premier Subaru has built off of the automaker’s Share the Love event, and this week the dealership presented a check for $53,552 to Camp Rising Sun. Having […] [Read More]
KBB adds car donate feature to website
Auto Remarketing Staff
Car owners now have a new way to donate unwanted vehicles to deserving drivers and causes when researching on Kelley Blue Book’s website. KBB announced Thursday that in addition to making it easier to donate a vehicle, it has also redesigned the owners pages on its website to help consumers more confidently decide to sell or trade-in […] [Read More]
NADA announces dealership manager training series
Auto Remarketing Staff
The National Automobile Dealers Association is gearing up for its dealership manager professional training series beginning next month. Participants can now choose from sales, office, parts and service management disciplines to complete a certification in just three months. The professional series is designed for new or high-potential department managers, according to NADA. Through Dec. 21, manager […] [Read More]
Penske adds to board; Sheehy’s benefit for heart association
Auto Remarketing Staff
Penske Automotive Group has added a new member to its board of directors who brings extensive experience in the premium/luxury auto sector. The group announced Friday that Wolfgang Durheimer has been elected to the company board of directors at its annual shareholders meeting. He was most recently chairman and chief executive officer of Bentley Motors. "We […] [Read More]
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