More than two-and-a-half years after the suit was filed, TrueCar and the California New Car Dealers Association have settled the litigation between the two parties. In a statement released Thursday afternoon, TrueCar said as part of the resolution, its billing model in California will transition to a flat-fee subscription model — as opposed to the […] [Read More]

With many shoppers out and about making their last purchases of the year, Autotrader has come out with its latest list of the top incentive deals available on certified pre-owned vehicle purchases this holiday shopping season. The list includes Volkswagen's CPO program, which has added an additional two years or 24,000 miles of warranty coverage to the […] [Read More]

Penske Automotive Group is buying another used-car retailer in the U.K., a move the group’s chairman says “almost doubles” its standalone pre-owned store business in the country.   The dealer group said Tuesday it has signed a deal to purchase The Car People, a used-car retailer with four large-scale locations that sell a combined total […] [Read More]

Costco Auto Program announced Tuesday that now halfway through its Holiday Sales Event with General Motors, the program has already had 55 percent more Costco members register to take advantage of its exclusive offerings compared to last year. The Holiday Sales Event, which launched on Oct. 3, runs through Jan. 2. “We’re happy to see that the […] [Read More]

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]