Hendrick Automotive Group’s newest Honda dealership is ready to take the stage. The Blue Stage, that is. Hendrick, which bills itself as the nation’s largest privately held automotive retail organization, has opened Rick Hendrick Honda in Bradenton, Fla., a brand-new facility designed and built around the manufacturer’s Blue Stage brand language. The store is the […] [Read More]

The question was simple: What segment of the dealership buy-sell market is hottest right now? Members of Used Car Week’s “Inside the Auto Retail M&A and Buy-Sell Landscape” panel offered various answers — domestic brands, luxury vehicles, business-friendly states like Texas and Florida — but panelist Brian Gordon, president of the Dave Cantin Group, suggested […] [Read More]

In today’s ultra-competitive landscape of used-car acquisition, dealers have long relied on traditional channels: auctions, trade-ins, and third-party purchasing. However, the industry is undergoing a seismic shift, driven by lasting effects from the low leasing rates of the past three to four years, which are now leaving auction houses lower and forcing dealers to be […] [Read More]

AutoNation employees joined with players from the NFL’s Miami Dolphins in the Dolphins Cancer Challenge, delivering toys and gifts and spreading holiday cheer to patients and families at Sylvester Comprehensive Cancer Center’s alex’s place in Miami. Along with Dolphins tackle Patrick Paul, wide receiver Malik Washington and offensive lineman Daniel Brunskill, and members of the […] [Read More]

A year that began slowly in the dealership buy/sell market ended with a flurry of activity. Six M&A transactions involving 15 dealerships in five states were announced in the final two weeks of 2025, part of a busy fourth quarter that George Karolis, president of dealership advisory firm The Presidio Group said is an indicator […] [Read More]

Lucid Group has officially launched a certified pre-owned program, the electric vehicle maker said Monday. Lucid Recharged will include single-owner vehicles with less than 62,000 miles. These vehicles will undergo an inspection process that includes more than 160 points, then receive mechanical and cosmetic reconditioning with Lucid-only parts, as needed. The CPO vehicles include the […] [Read More]

This wasn’t the first year Jim Ellis Automotive Group has held its annual CPO Product Presentation Walk-Around competition. However, it was one of the best attended. In its ninth year, the event, held on Nov. 6, was dedicated to veterans, a cause that organizers said drew a sizeable crowd. What began as a walk-around competition […] [Read More]

Kia’s EasyBuy digital retailing system is ready to grow. During the automaker’s national dealer meeting last month in Las Vegas, CarNow, the digital retail software provider that powers EasyBuy, announced the expansion of the program to include Dealer.com dealerships, and said more digital retail providers will be added in 2026. In a news release, CarNow […] [Read More]

AutoNation has made its first purchase of a Toyota store in more than a decade, acquiring Jerry’s Toyota in the Baltimore-Washington area, according to Dave Cantin Group, which advised the seller. James Stautberg is president of Jerry’s Toyota, which has served the Mid-Atlantic region for over four decades. The sale was “part of a structured […] [Read More]

Asbury Automotive Group will have a new CEO this spring. Announcing its leadership succession plan, the dealership group said Monday that longtime president and chief executive David Hult will transition to the role of executive chairman, with current chief operating officer Dan Clara becoming president and CEO. This move will become effective after Asbury’s 2026 […] [Read More]