CarMax is planning to add more than 1,000 employees to their team. The company is currently recruiting for the positions in locations across the country, and indicates that most of the positions are in service operations, for roles such as detailers, experienced technicians and sales. There are also additional open positions in purchasing and the business […] [Read More]

August represented the best-ever certified pre-owned sales month in history, besting the prior record CPO sales total by more than 15,000 units. According to Autodata Corp., there were 222,675 certified pre-owned sales in August, making it the strongest month of all time for CPO sales. The previous record was set in May, when dealers moved […] [Read More]

Several brands have already reported all-time records for monthly certified pre-owned sales — and that may not be the last of it. Starting things off with Chrysler Group, the company sold 13,760 certified vehicles in August, which was its best month ever for CPO sales. Hyundai, which also posted its strongest certified sales month of all […] [Read More]

The Russ Darrow Group announced this week the acquisition of Amato Mazda in northwest Milwaukee. The inventory from Amato Mazda will be relocated to an all-new Russ Darrow Mazda Milwaukee, expanding the Russ Darrow family in the area, according to the group’s president, Mike Darrow. “With the addition of this new Mazda dealership, we will […] [Read More]

National Auto Care Corp., an administrator of vehicle service contract and ancillary programs including CarMark Certified, announced the appointment of new vice president of actuarial and product. Tapped to lead the pricing activities for NAC including new product development and the enhancement of existing products is Tim Burgess, who is an associate of the Society […] [Read More]

While the number of used cars sold in August fell from both July and year-ago levels, the total value of these cars did not, according to CNW Research. In fact, there was a 7.3-percent year-over-year rise in the total value of used-car sales in August, the firm said, pinpointing the figure at nearly $41 billion. […] [Read More]

The National Automobile Dealers Association included a reminder in its NADA Headlines e-newsletter on Tuesday to prompt dealers to take note of the impending increase in the registration fee for the National Do Not Call Registry. The Federal Trade Commission announced that the annual registration fee, which is currently $59 per area code of data, will […] [Read More]

It’s not the 6.52-percent year-over-year decline in used-vehicle sales that concerns CNW Research president Art Spinella. The troubling part about used sales from August, he says, is the month-over-month decline of more than 15 percent. That said, the start of September is showing some promise. All told, there were 3.82 million used vehicles sold last […] [Read More]

Certified pre-owned vehicles made up more than a fifth of franchised dealers’ used-car sales in the second quarter — and CPO may not have even yet reached its full potential. Edmunds.com said in its Q2 Used Vehicle Market Report that 20.4 percent of used sales at franchised dealerships last quarter were certified units. The share […] [Read More]

Negotiation. Easily one of the least desirable aspects of buying a car for most shoppers. But it seems a large portion of the population is growing more comfortable with the haggling process: Women. According to the survey results from a survey from Swapalease.com, women are “warming” up to the negotiation process — more so than […] [Read More]