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]

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]

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 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]

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 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]

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]