It was a record half and a record quarter for Kia certified pre-owned Moving just under 40,000 units, Kia Motors America said the first half of the year represented its best six months ever for CPO sales. More specifically, Kia sold 39,799 certified vehicles in the first six months of 2017, beating year-ago figures by […] [Read More]

Sheehy Auto Stores recently announced that it raised a record donation of $285,000 to give the American Heart Association this summer. The company made the donation as part of its annual Sheehy 8000 campaign, a community-wide effort from May 12 to July 5, where Sheehy dealerships sold a combined total of over 8,000 new and used vehicles […] [Read More]

Kelly Blue Book’s Price Advisor is the focus of its recently launched “We Wrote the Book” national marketing campaign. Price Advisor provides car buyers guidance on how much they should pay for their next vehicle. “Kelley Blue Book Price Advisor helps car shoppers buy with confidence, and with our continued expansion of other tools to […] [Read More]

In partnership with the National Association of Minority Automotive Dealers, Cox Automotive awarded its Rising Star Award to a Kentucky general manager, in honor of her leadership and commitment to both the automotive industry and her community. Chosen for the award is Wadette Bradford of Martin Kia, in recognition of her work expanding the brand […] [Read More]

Another large dealership group in Pittsburgh is going through a change in ownership. A little more than a month after Lithia Motors expanded its operations by securing Baierl Auto Group, GPB Capital announced on Monday that the New York-based asset management firm has acquired a majority stake in Kenny Ross Automotive Group, which operates 10 […] [Read More]

Based on preliminary results released Wednesday, Lithia Motors is expecting its same-store used-car unit sales to have increased 4.6 percent in the second quarter. Meanwhile, Lithia is anticipating a 3.8-percent to 4.1-percent increase in used-vehicle retail same-store sales. All this part of a quarter where early indications have Lithia’s net income finishing between $51.5 million […] [Read More]

Dealership buy/sell advisory firm Kerrigan Advisors this week hired a new vice president who has been involved in accounting consulting to more than 150 dealerships across the country. Kerrigan Advisors announced that Mercedes Hendricks has joined the firm as vice president, bringing extensive certified public accountant expertise and a deep understanding of the dealership industry […] [Read More]

Another development in the ongoing Takata airbag recall saga might mean some vehicles at the auction you frequent — or perhaps even units already in your dealership inventory — could be equipped with airbags that need replacing. The National Highway Traffic Safety Administration on Tuesday said 2.7 million vehicles from Ford, Nissan and Mazda have […] [Read More]

The newly released Prospect Satisfaction Index U.S. Auto Industry Benchmarking Study by Pied Piper Management Company has ranked Nissan’s Infiniti brand dealerships the highest for a second year. Toyota’s Lexus brand ranks second, and dealerships selling Mercedes-Benz are ranked third. Pied Piper’s process to determine its rankings includes “mystery shopping” measurement and scoring to industry […] [Read More]

With consumers taking advantage of both pleasing gas prices and the time to shop around this summer, Autotrader has come out with its top picks for certified pre-owned deals in July, which include promotions by eight different automakers. "For shoppers that are looking for great value in their next car, but are concerned about the […] [Read More]