Perhaps dealers in New Jersey can add one more item to their checklist when they’re finalizing the delivery process. Just before leaving office, Gov. Chris Christie signed legislation establishing an emergency contact registry for vehicles that requires the New Jersey Motor Vehicle Commission (MVC) to allow vehicle owners to submit their vehicle identification number (VIN) to […] [Read More]

Larry H. Miller Dealerships announced the opening of its Mercedes-Benz of Draper dealership on Thursday. The dealership was formerly named Mercedes-Benz of Lindon and recently relocated to a newly built 45,069-square-foot building on 5.5 acres of land in Draper, Utah. Mercedes-Benz of Draper includes a 1,100-square-foot AMG Performance Center, with specially-trained AMG sales and service personnel, according […] [Read More]

As shoppers settle into a new year that is sure to come with special incentives on CPOs, Autotrader has come out with its latest list of the top incentive deals available on certified pre-owned vehicle purchases throughout the month of January. Autotrader’s list includes Buick's CPO program, which offers CPO shoppers 1.9 percent interest for […] [Read More]

The ramp-up of standalone used-car stores from the likes of Sonic Automotive, AutoNation and Penske Automotive Group is certainly one of the key pre-owned strategy moves leading the retail auto market right now. But it’s not just the big kids on the block. Todd Caputo and his Sun Auto Group — a small collection of […] [Read More]

About a week after being chosen as this year’s chair for the Federal Reserve Bank of Atlanta, AutoNation chairman, chief executive officer and president Mike Jackson highlighted how much the dealer group should benefit from federal tax reform recently signed by President Donald Trump. On Tuesday, AutoNation announced that it expects a benefit of approximately […] [Read More]

Dealers know that competition for retail used-vehicle sales and profits is fierce, and keeping expenses manageable and transaction prices competitive is a never-ending battle. But despite that, many dealers are betting on a strong economy and strong used-car sales this year, and some are even adding stores or refurbishing or replacing existing ones. “Overall, I […] [Read More]

Group 1 Automotive announced Friday that it will give its U.S. non-management dealership employees and operational support staff a $500 cash bonus this year, following the recent tax bill that recently became law in December. “As we were in the process of reviewing the opportunities the new tax reform law creates for us to better our business, we […] [Read More]

There was a 1-percent hike in used-vehicle retail sales in 2017, according to Cox Automotive, which reported the year ended with 39 million used cars sold. And look for more growth this year. The company is anticipating 39.5 million used-car retail sales in 2018. As for 2017, the year closed with used-car sales climbing 4 […] [Read More]

As independent auto dealers look to bolster their competitiveness and strengthen their performance, many are turning to practices franchised dealers have been using for some time to increase their service business and retain customers. One practice, which automotive consultant Ed French of AutoProfit says “builds the cadence of turn” is to offer buyers prepaid maintenance […] [Read More]

Morgan Auto Group announced Monday that it has named Dan Like the regional director of its north Florida operations in Jacksonville and Gainesville. Like most recently served as general manager for six years at Morgan Auto Group’s Honda of Gainesville store. “I am so pleased that Dan Like will have this opportunity to grow his influence […] [Read More]