Retail
AutoNation teams up with Indy 500 winner for TV ads
Auto Remarketing Staff
AutoNation has teamed up with Andretti Autosport's 2014 Indy 500 champion Ryan Hunter-Reay and Indy 500 rookie Jack Harvey for TV advertising campaigns that celebrate the company selling 11 million vehicles and raise cancer awareness. This month, Hunter-Reay kicked off AutoNation's, "Race to 11 Million" major TV campaign along with the "#DRINKTHEMILK" challenge, which reinforces AutoNation's commitment […] [Read More]
NADA Show calls for workshop proposals
Auto Remarketing Staff
The NADA Show 2018, formerly the NADA Convention and Expo, will host a series of workshops for new-car dealers and their top managers next year and is inviting interested industry experts to submit workshop proposals. The deadline for submitting a proposal for the 2018 show is 11:59 p.m. (ET) on June 26. Proposals must focus […] [Read More]
AutoNation celebrates 11 million vehicles sold with van donations
Auto Remarketing Staff
In celebration of reaching a record-breaking 11 million vehicles sold, AutoNation announced that it will donate four Chrysler ProMaster passenger vans to community partners who work to fight cancer. “AutoNation is the first and only retailer in the history of the automotive industry to reach this milestone,” the retailer said. On Friday, AutoNation announced it […] [Read More]
Latest Takata news involves $553M settlement & 4 OEMs
Auto Remarketing Staff
The latest development in the Takata airbag story arrived on Thursday and included four automakers, nearly 16 million vehicles and more than $500 million in settlements. According to a news release, plaintiffs in the Takata Airbag Product Liability Litigation filed class action settlement agreements resolving claims against Toyota, Subaru, Mazda and BMW that will accelerate […] [Read More]
Serra-Maroone partnership ‘great for our employees and customers’
Joe Overby, Senior Editor
In a news release earlier this week, The Presidio Group discussed a few details surrounding the sale of four Serra Automotive, Inc. dealerships to former AutoNation executive Mike Maroone, a deal in which it advised Serra Automotive. As part of the transaction, which was completed Monday, Serra Automotive will keep a minority interest in these […] [Read More]
Search Optics introduces new dealer lead management solution
Auto Remarketing Staff
Search Optics has introduced the Virtual Business Development Center (VBDC), a turnkey solution for comprehensive automotive dealer lead management that is designed to improve response times, increase lead conversion rates and reduce the cost of sale for dealers, the company announced on Tuesday. “As a digital marketing company with many years of specialization in the automotive market, […] [Read More]
AutoNation COO steps down
Auto Remarketing Staff
AutoNation president and chief operating officer Bill Berman has resigned, the company said in a news release Monday afternoon. The resignation was effective Monday, but Berman will continued to be employed by AutoNation in an advisory role through June 30. AutoNation chairman and chief executive officer Mike Jackson will take on operating responsibilities and the […] [Read More]
More than 1.2M Ram trucks in US & Canada recalled
Auto Remarketing Staff
Fiat Chrysler said on Friday that the automaker is voluntarily recalling an estimated 1 million trucks in the U.S. and more than 200,000 units in Canada to reprogram computer modules that help control restraint-system deployment in rollover situations. Affected vehicles are certain 2013 through 2016 Ram 1500 and 2500 pickups, and 2014 through 2016 Ram […] [Read More]
Sheehy Auto kicks off fundraiser for American Heart Association
Auto Remarketing Staff
Sheehy Auto Stores has launched its 20th annual Sheehy 8000 sales event, a three-week community-wide effort to raise funds for the American Heart Association, the group announced on Friday. Throughout the rest of the month, each of Sheehy Auto's dealerships throughout Washington, D.C.; Richmond, Va.; and Baltimore will host a variety of initiatives in support of the fundraiser before […] [Read More]
Group 1 names new board chairman
Auto Remarketing Staff
Along with increasing its common stock share repurchase authorization, Group 1 Automotive on Friday announced that Stephen Quinn has been elected by its board to serve as non-executive chairman of its board of directors. Group 1 indicated Quinn has served as a director of the company since May 2002, and currently serves on the board […] [Read More]
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