The National Automobile Dealers Association said thousands of store employees have suffered devastating losses from the recent flooding in Louisiana where storms left more than 20 inches of rain in some places. In light of NADA officials stressing that the need for financial assistance “is great and will last for many weeks to come,” the […] [Read More]

According to a recent study by the Sierra Club, electric vehicles are not widely available on most lots. The demand is there, but the study informs that dealerships are not keeping electric vehicles in inventory, salespeople are not prepared and educated to talk about them, or the vehicles are not charged or unavailable for a test drive. […] [Read More]

April through June represented the best second quarter ever for certified pre-owned sales, according to Edmunds.com, which said dealers sold 678,169 CPO units. This beat year-ago figures by 2.6 percent.  Used-car inventories are getting younger at franchised dealerships, cars are coming off lease and CPO sales continue to break records.   Certified has become a bigger part […] [Read More]

 Asbury Automotive Group said through social media accounts earlier this week that the head of its Q auto program, Casey Coffey, will also take on the role of national used-car director for the dealer group. Coffey will continue to lead the Q auto program, which includes standalone used-car retail stores. “Casey is a proven leader […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is  Bill Eager, vice president of the dealer business unit at Carfax.   Auto Remarketing: Carfax has broadened its […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Tom DeLuise, the national Toyota Certified and Rent A Car sales and operations manager at Toyota Motor Sales, U.S.A. […] [Read More]

A new CRM is one of the biggest purchases any dealership can make. And like any big purchase, it’s not easy. It takes time, effort and resources to decide which system is the best fit for you. So once you’ve gone through the whole purchase process and signed with a new CRM, you can’t wait […] [Read More]

Lithia Motors president and chief executive officer Bryan DeBoer projected it would be “an extremely busy second half” of the year pertaining to the dealer group’s acquisition activity. On Thursday, Lithia backed up DeBoer’s comments when the company shared its second-quarter financial results. Lithia has acquired Kemp Ford in Thousand Oaks, Calif. The company indicated […] [Read More]

You have painstakingly constructed a talented sales team that truly understands how to demonstrate the value and benefits of your product — they really know how to sell cars. You have invested in your team's technology, training and continuing development to make certain you are positioned and poised for success in diverse economic climates. With […] [Read More]

Findlay Automotive Group recently purchased a Jaguar franchise to add to its Land Rover Las Vegas store. The franchise was previously owned by Gaudin Automotive Group, which managed it for nearly 30 years. The transaction was completed July 1. Financial details were not disclosed. As the only exclusive Jaguar Land Rover Centre in Southern Nevada, Jaguar […] [Read More]