Honda’s certified pre-owned vehicle website (HondaCertified.com) has been completely redesigned to provide a more focused shopping experience, the company said Monday. The automaker has implemented a vehicle compare feature, a vehicle recommendations tool and an interactive payment calculator to help car shoppers find vehicles within their budget. On the new site, the primary focal point for shoppers […] [Read More]

New National Independent Automobile Dealers Association president David Andrews received the President's Ring during the National Leadership Awards Banquet at NIADA's 71st annual Convention and Expo at The Mirage in Las Vegas last week. The owner of City Auto in Memphis, Tenn., and other automotive enterprises succeeds 2016-17 president Billy Threadgill of South Carolina. Andrews began […] [Read More]

Off-lease vehicle volume is rising, used-vehicle prices are falling and Brian Benstock, vice-president of Paragon Honda and Paragon Acura, counts it all opportunity. He’s looking forward to selling or leasing new vehicles to consumers when their leases expire and plans to buy a lot of those lower-mileage, off-lease vehicles for his thriving certified used-vehicle operations. […] [Read More]

Respected automotive attorney Tom Hudson of Hudson Cook has been selected as the newest member of the National Independent Automobile Dealers Association’s prestigious Ring of Honor. Hudson became the 29th auto industry leader to be inducted into the Ring of Honor, NIADA's highest award for non-dealers. The award was announced during the National Leadership Awards […] [Read More]

The American International Automobile Dealers Association went to the White House this week to participate in a meeting on tax reform with White House National Economic Council Director Gary Cohn and other auto industry leaders. Leading AIADA’s charge were president Cody Lusk, vice president of government relations Rachel Robinson and vice chairman and California dealer […] [Read More]

Kia Motors America has now gone 16 straight months of certified pre-owned sales records, the company said Wednesday. Kia moved 7,008 CPO units last month, which beat year-ago figures by 10.2 percent and was its best May ever, according to Autodata Corp.  Through five months of the year, there have been 33,414 Kia certified sales, […] [Read More]

In addition to sessions on financing, regulatory moves, industry disruption and more, the NIADA Convention & Expo this week will include a host of certified pre-owned-related sessions. The event, which began Monday and runs through Thursday, is being held at The Mirage in Las Vegas. Among the CPO sessions are: "Winning the CPO Retail Battle […] [Read More]

With conference season getting into full swing for independent dealerships — including the National Independent Automobile Dealers Association’s annual conference, which runs Monday through Thursday — BHPH Report (Auto Remarketing’s sister publication) connected with Steve Jordan, NIADA’s chief executive officer. Below is a Q&A that ran as part of a larger feature story in the […] [Read More]

Carvana founder and chief executive officer Ernie Garcia is confident that the online used-vehicle retailer will have turned at least 10,000 units by the time the second quarter closes at the end of the month. And Garcia is upbeat that the gross profit per unit will be about $1,400. “The path to profitability is clear,” […] [Read More]

SoCal Penske Dealer Group announced it acquired the Fuller Ford, Fuller Honda, Fuller Kia and Fuller Collision Center in Chula Vista, Calif., further expanding its footprint in the Southern California market. The former Fuller locations have been rebranded as Penske Ford Chula Vista, Penske Honda Chula Vista, Penske Kia Chula Vista and Penske Collision Center Chula Vista. […] [Read More]