During Monday’s total solar eclipse, Karma Automotive took advantage of the rare occurrence with a multi-city shoot along the path of totality. Titled, “A Day to Remember,” Karma’s special video footage celebrates the historic event and the inspiration behind its own logo. “The inspiration behind the Karma logo was an eclipse, showing a spark of […] [Read More]

David Hult will be the next president and chief executive officer of Asbury Automotive Group. The retailer announced Tuesday afternoon that Hult, who has been executive vice president and chief operating officer since November 2014, is set to succeed Craig Monaghan on Jan. 1. Hult will also have a seat on Asbury’s board of directors. […] [Read More]

Florida Fine Cars — among the top 100 independent dealers highlighted earlier this summer in Auto Remarketing — announced on Monday that the dealership will support two upcoming walk/run fundraisers to benefit St. Jude Children’s Research Hospital in an effort to help doctors find a cure for childhood cancers. The Memphis, Tenn.-based children’s hospital has […] [Read More]

When a dealership group opens up standalone used-car stores, one of the questions that ultimately comes up is, “Where will the inventory come from?” At AutoNation, the retailer has found some initial success in hosting car-buying events at its AutoNation USA used-car store in Houston. The dealer group — which also has an AutoNation USA […] [Read More]

Group 1 Automotive announced Tuesday that the company has acquired a new Audi dealership in Fort Worth, Texas. The addition of the new Texas dealership brings Group 1‘s portfolio of Audi dealerships to 13. [Read More]

Continuing a “normal pattern of stability,” the franchised auto dealer count in the U.S. climbed modestly in the first half of the year, with 98 percent of markets showing no real change, according to Urban Science. The firm’s 2017 mid-year Automotive Franchise Activity Report indicates there were 18,199 dealership rooftops as of July 1. That’s […] [Read More]

The method Penske Automotive Group plans to continue using to fill inventories at CarSense — its standalone used-vehicle retail locations primarily in the Northeast with intensions on expanding — should delight auction general managers who see buyers for this dealer group mingle in their lanes. Chairman Roger Penske said during the company’s latest conference call […] [Read More]

In time for end-of-summer shopping, Cars.com recently released a list of the most popular convertibles among consumers. The site’s latest study on shopper's online activity revealed what convertibles are most popular and where in the U.S. shoppers are buying these models most. Turns out, being named as America's favorite was the Chevrolet Camaro. And the state where convertibles are most popular […] [Read More]

After buying a Pittsburgh dealer group this spring, Lithia Motors turned its attention to the West Coast with its latest acquisition. The retailer announced Tuesday it has purchased Downtown Los Angeles Auto Group. The California group, also known as DTLA, includes Audi, Mercedes-Benz, Nissan, Porsche, Toyota and Volkswagen dealerships located in downtown Los Angeles plus […] [Read More]

As consumers head out this month to shop for coveted back-to-school season items, Autotrader has come out with its top picks for certified pre-owned deals in August, which features long warranty term offerings from Jaguar and its sister brand, Land Rover. "Going CPO is a great option for car shoppers looking to get a lot while […] [Read More]