Hendrick dominates Reputation’s dealer rankings for 7th consecutive year
Monday, Feb. 9, 2026, 01:38 PM
Dealer news: Cox honors dealers with awards at NADA Show; Matt Bowers moves into new territory
Monday, Feb. 9, 2026, 03:17 PM
Dealer news; Kunes adds stores in two new markets; HGreg goes Lux again; Asbury's new board member
Friday, Feb. 6, 2026, 03:48 PM
Retail
2nd airbag manufacturer in spotlight over ruptures
Wednesday, Aug. 10, 2016, 01:56 PM
Sara Schweiger, Staff Writer
While the industry and consumers alike are reeling from the massive Takata airbag recall, another airbag manufacturer has come under heightened scrutiny after one of its products was linked to the death of a Canadian driver last month. The National Highway Traffic Safety Administration opened an inquiry into Tennessee-based ARC Automotive last summer based on […] [Read More]
Q&A with Cox Automotive’s Jared Rowe
Tuesday, Aug. 9, 2016, 08:48 PM
Auto Remarketing Staff
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 Jared Rowe. (UPDATE: At time of publication, Rowe was president of the […] [Read More]
TrueCar provides update on Dealer Pledge
Monday, Aug. 8, 2016, 08:13 PM
Auto Remarketing Staff
TrueCar provided an update on its Dealer Pledge initiative Sunday, detailing the checkmarks it has made on the to-do list so far this year while also sharing a handful of steps planned for the third and fourth quarters. In late March, the company revealed a series of sweeping changes to its product offerings, data policies, […] [Read More]
Lithia eyes 1 ingredient to keep used sales moving higher
Friday, Aug. 5, 2016, 08:03 PM
Nick Zulovich, Staff Writer
The year-over-year double-digit climb in retail used-vehicle sales during the second quarter certainly got the attention of investment analysts who watch Lithia Motors’ results regularly. What they wanted to know was whether Lithia could sustain this growth trajectory. President and chief executive officer Bryan DeBoer pointed to one factor as a reason why Lithia might […] [Read More]
Jaguar Land Rover begins Takata recall notifications
Friday, Aug. 5, 2016, 02:48 PM
Auto Remarketing Staff
Jaguar Land Rover North America has begun mailing notifications to owners of certain 2009-11 Jaguar XF and 2007-11 Land Rover Range Rover vehicles that their vehicles are affected by the ongoing Takata airbag recall. For the first phase of this recall, which includes about half of the 108,000 Jaguar and Land Rover vehicles affected, vehicle […] [Read More]
CPO sales reach 2nd-highest sum
Thursday, Aug. 4, 2016, 07:28 PM
Joe Overby, Senior Editor
July was the second-best month of all time for certified pre-owned car sales, Autodata Corp. said Thursday. The industry sold 234,243 CPO vehicles last month, which beat year-ago figures by 5.6 percent, the firm reported. The only month stronger was March, when 243,957 certified vehicles were sold. Five brands (BMW, Lexus, MINI, Nissan and Subaru) reached […] [Read More]
Study shows estimates are top concern for service appointments
Wednesday, Aug. 3, 2016, 06:02 PM
Auto Remarketing Staff
More than 70 percent of respondents in a recent Xtime study considered cost estimates “extremely important” or “very important” when scheduling service appointments. In fact, the assurance that they are getting a transparent estimate outranked all other factors among the 668 drivers surveyed, including the ability to choose the time or day of the appointment, […] [Read More]
BMW sets CPO record
Tuesday, Aug. 2, 2016, 06:15 PM
Joe Overby, Senior Editor
BMW sold a record 11,877 certified pre-owned vehicles in July, beating year-ago figures by 23.1 percent, the company said in a news release Tuesday. Meanwhile, the MINI brand at BMW Group U.S. posted a July record 1,197 CPO sales, which beat year-ago sales by 8 percent. Among other brands reporting July CPO results so far, Mercedes-Benz […] [Read More]
How Manheim is helping Sonic’s EchoPark stores gain steam
Monday, Aug. 1, 2016, 08:17 PM
Nick Zulovich, Staff Writer
Back in April, Manheim announced it was expanding its Retail Solutions operations to provide clients greater access to high-quality services that can produce retail-ready vehicles. During a discussion about its second-quarter results last week, Sonic Automotive described how Manheim is a “great business partner for us,” especially as the dealer group is looking to gain […] [Read More]
Group 1 used gross per unit steady at $1,500
Monday, Aug. 1, 2016, 07:18 PM
Joe Overby, Senior Editor
For each used vehicle it retails, Group 1 Automotive has been generating an average gross profit in the neighborhood of $1,500, and you can expect that to remain steady in the second half of the year. In the company’s latest quarterly earnings call with investors, Group 1 said used-vehicle prices in car segments have been […] [Read More]
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