Dealers are still feeling relatively optimistic about their user-car operations. And for independents, in particular, they’re starting to see some relief from supply shortages — albeit in the form of pricier units. As part of the fourth quarter Cox Automotive Dealer Sentiment Index, franchised and independent dealers were asked for their thoughts on the current used-car […] [Read More]

Global fleet logistics company Transfercar has rolled out new rental fleet relocation services in Chicago, Boston and Minneapolis that offers drivers free one-way car rentals. In an effort to align rental car companies fleet relocation needs with consumer travel requirements, Transfercar is working with various agencies to relocate their inventory via consumers rather than depend on […] [Read More]

In an effort to eliminate distracted driving during the holidays, Jim Ellis Automotive Group recently announced that employees at each of its 15 dealerships are taking a pledge to be more attentive. For every person who takes the pledge before January, the group said it will make a donation to the National Safety Council. “All […] [Read More]

Certified pre-owned vehicle sales in November were steady with year-ago figures, and year-to-date numbers remained slightly above the pace from 2016. According to Autodata Corp., CPO sales climbed 0.1 percent year-over-year, reaching 202,824 units for the month. Through 11 months, there have been 2.42 million certified sales, which is 0.6 percent stronger than year-ago figures. […] [Read More]

Franchised dealerships have seen scores of customers arrive at their service departments to have defective Takata airbags replaced. Now, it’s the automakers’ turn to be compensated for the matter. The special master in the criminal case involving Takata announced that he launched the $850 million restitution fund for OEMs that purchased airbags with PSAN inflators from […] [Read More]

AutoNation announced Monday that it is gearing up to host hiring events in Central and South Florida on Dec. 13 from 7:00 a.m. to 2:00 p.m. (ET). The company said hundreds of open sales and service positions are currently available in both South and Central Florida. Management representing more than 20 locations will be extending offers for […] [Read More]

Ally Financial announced Monday that it has chosen 47 U.S. dealers as nominees for the 2018 TIME Dealer of the Year award. Each year, the award recognizes several successful dealers who show a strong commitment to community service. In addition to a $1,000 contribution from Ally for each dealer's charity of choice, the 47 nominated dealers will […] [Read More]

Kerrigan Advisors determined dealerships not only are moving metal this year, but they’re also turning their entire operations at quite a clip, too. The firm’s Blue Sky Report for Q3 2017 indicated the dealership buy/sell market is poised for its most active year ever with more than 200 transaction closings projected for 2017. The report […] [Read More]

As shoppers take advantage of November’s extra special incentive deals surrounding holiday shopping, Autotrader has come out with its top picks for certified pre-owned deals this month. Autotrader’s list includes Land Rover's CPO program, which touts special incentives on CPO versions of the Range Rover Evoque this month. “Lightly used and discounted, with a long, […] [Read More]

Used-car sales could slide under 3 million units this month, but the seasonally adjusted annualized rate is still projected to approach 39 million sales. That’s according to a forecast released last week by Edmunds. The company is projecting 2.9 million used-car sales for November, down from 3.2 million last month. However, the used-car SAAR for […] [Read More]