Asbury Automotive Group’s selling spree continues. The Atlanta-based dealership group completed its third divestiture of the month with the sale of its Larry H. Miller Ford, Chevrolet and Stellantis dealerships in Provo, Utah to Salt Lake Valley Auto Group, a deal announced by sell-side advisor Kerrigan Advisors. Asbury sold Larry H. Miller stores in Lemon […] [Read More]

The newest member of the team at the National Independent Automobile Dealers Association spent a few minutes during this week’s NIADA Convention in Las Vegas for this episode of the Auto Remarketing Podcast. Patrick O’Brien, who joined NIADA in May as director of government relations and compliance, shared more details about his background with the […] [Read More]

After a slow start to 2025, the dealership buy-sell market is picking up its pace. The Dave Cantin Group saw that firsthand this month, closing two California dealership sales in the span of a week. The mergers and acquisitions advisory company announced the sale of Audi West Covina from Envision Motors to Victor Oh of […] [Read More]

A group of auto retailers — including CarMax, Carvana, as well as multiple franchise and independent dealers — along with various electric vehicle-related industry stakeholders sent an open letter to the U.S. Senate on Thursday urging lawmakers to slow the speed at which EV tax incentives included in the Inflation Reduction Act are being overhauled. […] [Read More]

Blue and yellow confetti exploded on both sides of the stage as “Thunder” by Imagine Dragons boomed from huge speakers hanging from the ceiling of the largest ballroom at one of newest luxury hotels on the Las Vegas Strip. Jack Carter of Turn & Burn Motors in Conyers, Ga., had just been named the National Quality Dealer of the Year during the NIADA Awards Luncheon sponsored by Black Book. “Not prepared for that,” Carter began ... [Read More]

Rydell Automotive Group is the new owner of two Nebraska dealerships — for now. The unique dealership group, led by Wes Rydell, announced it has acquired Tom Dinsdale Chevrolet GMC Cadillac and Tom Dinsdale Hyundai in Grand Island, Neb., in a transaction that closed Wednesday. The stores will operate under the combined name of Grand […] [Read More]

Auto Remarketing is proud to celebrate our annual Women in Retail awards, a program sponsored by CarGurus. With these awards, we recognize top leaders on the retail side of the auto industry, including honorees from dealerships, dealer groups and third-party providers/vendors. In addition to Q&A features in the July issue of Auto Remarketing, honorees will […] [Read More]

Florida-based Morgan Automotive Group has expanded in its home state. The retailer purchased Hodges Mazda of the Avenues in Jacksonville and Hodges Mazda of St. Augustine from brothers David and Dan Hodges, according to Haig Partners, which advised the sellers. David Hodges, the principal owner of the stores, and Dan Hodges, his minority partner, are […] [Read More]

Hyundai Motor America’s Global Dealership Space Identity initiative has reached a milestone. The automaker announced more than half of its U.S. dealerships have completed the initiative’s facility upgrades, which it said reinforces its “commitment to improving customer experience and supporting its ever-growing dealer network.” Launched in 2015 and refreshed in 2019, GDSI was created to […] [Read More]

You don’t need a CDK DMS to use CDK’s service department technology anymore. The auto retail software provider announced it has made its CDK Fixed Operations Suite available to all dealership customers — even those that don’t have a CDK dealership management system. The company said the decision builds on the suite’s success in improving […] [Read More]