Both second quarter and first-half used-vehicle sales for AutoNation beat year-ago figures, but the improvements in used-car gross profits per vehicle were even more impressive. AutoNation moved 52,565 used retail units in Q2 for a 1.0-percent year-over-year gain, and it sold 104,792 used retail vehicles through six months of the year, which beats the year-ago […] [Read More]

Jerry’s Auto Group in Maryland is joining forces with the local Muscular Dystrophy Association Chapter next week for an inaugural golf classic to help those living with the condition. Scheduled for Monday at Hayfields Country Club in the Hunt Valley area of Baltimore County, Md., the golf event will include the dealership group along with […] [Read More]

While the precise return on investment for reconditioning is certainly up for debate — and economists contacted by Auto Remarketing were averse to putting an exact number on it — the payoff from a dealership’s recon investment raises some interesting issues. How much should dealers be willing to put into making a car retail-ready when […] [Read More]

It appears unlikely that the federal government will intervene any time soon with Tesla Motors’ desire to adopt a direct-to-consumer sales model on a national scale. In a response to a We the People petition created on June 5, Dan Utech, special assistant to the president for energy and climate change, outlined a few reasons […] [Read More]

Manheim and AutoTrader.com recently presented the first-ever National Association of Minority Automobile Dealers (NAMAD) Innovation Award to a dealer who the companies described as having positively impacted organizations and the industry. The 2014 NAMAD Innovation Award went to Steve Ewing, president and chief executive officer of Wade Ford of Smyrna, Ga. The award was presented […] [Read More]

Owners of eight Garden State franchised dealerships already punished by the New Jersey Division of Consumer Affairs 15 years ago entered into a consent order this week that included a settlement of $1.8 million, plus consumer restitution. New Jersey officials explained the settlement resolves a state investigation into what they described as alleged deceptive sales […] [Read More]

Brake fluid diagnostic purveyor Phoenix Systems announced a new partnership last week to offer the company’s Project Stop Safe system to members of the National Independent Automobile Dealers Association. The goal of the program, which facilitates Phoenix System’s brake fluid safety inspection, is to give NIADA members the opportunity to equip their dealerships with the […] [Read More]

Do the math on this one: Bourne’s Auto Center is stocking less and selling more. Previously, the number of used retail units that the store kept in its inventory was in the high 300s, said general manager Michael Kelley. This year, the Boston-area independent dealer has reduced that number to around 312. However, its used […] [Read More]

The 2015 National Automobile Dealers Association Convention & Expo, which will be hosted in San Francisco from Jan. 22 through Jan. 25, announced a few prominant keynote speakers on Monday, including Jeb Bush, Jay Leno and Beck Weathers. The NADA convention, in its 16th time in San Francisco since 1948, will have its first keynote […] [Read More]

On Monday, Ally Financial and TIME opened the nomination period for the 2015 TIME Dealer of the Year program, which has incorporated a new strategy to determine who will be in the running for the honor. The process kicked off at the annual Automotive Trade Association Executives (ATAE) Summer Conference in Laguna Niguel, Calif. This […] [Read More]