TrueCar announced Wednesday that it has named a new executive vice president of people as well as its chief human resources officer to lead its talent search, which the company says it has “stepped up” to keep up with its expanding business. Joining the company from Hewlett Packard, where he has worked since 2001, is […] [Read More]

Cox Automotive and the National Association of Minority Automobile Dealers presented its Innovation Award to a Texas dealer principal during its awards dinner at the 2015 NAMAD Conference on Thursday.                                                      Cox Automotive’s vice president of customer and […] [Read More]

Very soon, TrueCar and AutoNation will no longer be partners. The business relationship between the car-buying and selling platform and the nation’s largest publicly traded dealership group is ending July 31. According to multiple news outlets, including Automotive News and the Wall Street Journal, AutoNation decided to part ways with TrueCar due to contract squabbles over […] [Read More]

Make it nine in a row for Karl Chevrolet. The Iowa dealer and Auto Remarketing’s 2011 CPO Dealer of the Year has now won the National Sales Leader award from the General Motors certified pre-owned program for the ninth straight year after leading the pack with 1,791 CPO sales in 2014. “Reaching this level of sales […] [Read More]

The Costco Auto Program announced Wednesday that it saw nearly double the demand for its parts, service and accessories benefit during the month of June. That’s compared to the daily average recorded by the company from January through May of this year, a benefit Costco launched for its auto program members in the spring of […] [Read More]

Collective certified pre-owned sales increased double-digits for both Asian brands and European brands in June, including one automaker that had its best-ever month, according to Autodata Corp. Asian brands moved 97,969 CPO vehicles for the month, which beat June 2014 numbers by 14.3 percent. That sum included Kia’s record high month of 6,117 CPO sales, […] [Read More]

Domestic brands increased their certified pre-owned sales nearly 23 percent in June, pushing year-to-date sales closer to half-a-million, according to Autodata Corp. More specifically, the Big 3 combined to move 78,995 CPO units during the month, which beat June 2014 figures by 22.9 percent. Through the first half of the year, domestics have moved 473,444 […] [Read More]

Sales of certified pre-owned vehicles in June surged 17.6 percent higher year-over-year, pushing the industry to another record-setting quarter. Autodata Corp. reported late on Thursday that June CPO sales came in at 212,957 units. That figure propelled the second-quarter amount to 660,384 vehicles. The quarterly total represented a 13.5-percent gain year-over-year as well as a […] [Read More]

It appears as though Independence Day weekend is the ideal time to target the summer whims of convertible lovers. That’s according to an analysis from NADA Used Car Guide released Thursday, which highlighted a few manufacturer financing incentives that should prove particularly appealing to July 4 shoppers who enjoy the top-down side of life. “If horsepower […] [Read More]

AutoNation provided an early glimpse into its second-quarter results on Thursday, revealing that the retailer sold 86,794 new vehicles in Q2, a 7-percent increase compared to last year. Looking at the month of June, AutoNation saw a 9-percent increase year-over-year with a total of 27,862 new vehicles sold. On a same-store basis, the group’s new-vehicle […] [Read More]