Tamara Darvish is embarking on another automotive industry endeavor. Capital Automotive Real Estate Services — which orchestrates custom tailored financing packages for dealers — announced that Darvish joined the company as its new chief operating officer. Capital Automotive highlighted that Darvish will use her knowledge and expertise to lead both the acquisition and real estate […] [Read More]

Car shoppers looking to update their current rides with the arrival of the spring season can take advantage of serval attractive offers and incentives for certified pre-owned vehicles this month. Autotrader has come out with its latest list of top deals available for shoppers to seize both this month and beyond. This month’s list features […] [Read More]

In recognition of the Month of the Military Child, longtime partners KaBOOM! and The CarMax Foundation have come together to build a community playground, as well as provide organizations that serve military families 10 grants for outdoor playsets. The partners are set to host 11 community events for the children of veterans and active duty […] [Read More]

The best practice webinar series for dealers from Carfax will relaunch Thursday, and is now called the Carfax Insiders series, the company recently announced. Carfax's revamped webinar series includes two webinars that are geared toward helping dealers apply best practices at their used-car operations. “Get the Most out of Accident Cars, ” the first of two […] [Read More]

Aimed at helping dealers justify their ad budgets, a proprietary digital solution designed to show just where ad dollars are going each month can match car buyers with the exact display campaign messages that initially brought them in the door. A Texas dealer group that used the solution called DataMatch to increase the sales of a particular brand during a […] [Read More]

National Automobile Dealers Association (NADA) and the National Independent Automobile Dealers Association (NIADA) both celebrated this week when the U.S. Supreme Court made a ruling in their favor. The associations recapped that on Monday the Supreme Court ruled automotive service advisers are not covered by the Fair Labor Standards Act’s overtime pay requirement, the final […] [Read More]

Granted, March tends to bring the year’s best certified pre-owned sales results anyway, but the CPO market was especially impressive last month, showing no signs of leveling off.   In fact, last month had the strongest CPO sales total of all time, according to Autodata Corp., which said dealers moved 258,970 certified vehicles in March. […] [Read More]

Karma Automotive announced Wednesday that it will run a spot featuring the Revero being driven in several Southern California locations during CBS' pre-coverage of the 2018 Masters Golf Tournament. Titled "Born in California," the spot is the company’s second network television commercial. "CBS coverage of the Masters kicks off spring for many parts of the nation, […] [Read More]

Dealership buyers who are seeking economies of scale and scope for their businesses and dealership sellers bent on getting as much as they can for their stores while the getting is good, are strengthening an already active buy/sell market. Erin Kerrigan, managing director of Kerrigan Advisors, a dealership buy/sell advisory firm in Irvine Calif., said […] [Read More]

As the industry counts how many used vehicles were retailed during March, the dealer survey orchestrated by KeyBanc Capital Markets in February gauged how stores continue to have some struggles despite rising turns in their used departments. Survey orchestrators reported that gross-profit trends continued to reflect competitive pressure in new and used segments, which should […] [Read More]