CNW Research president Art Spinella said “unusual” several times Thursday when discussing July’s used-vehicle sales data with Auto Remarketing. Spinella chose the adjective because he wanted to explain why it was important to emphasize last month’s used sales figure based on month-over-month comparison rather than year-over-year. First, here are the numbers from CNW: Total used […] [Read More]

Not conducting a recall in a timely manner according to regulators cost another automaker more than $17 million. The National Highway Traffic Safety Administration and Ford reached an agreement regarding the recall of 423,634 Ford Escapes from the 2001 through 2004 model years equipped with 3.0L V6 engines and speed control. According to federal documents, […] [Read More]

A longstanding dealership has a brand new home, as the Larry H. Miller Group plans to cut the ribbon on its remodel of an award-winning dealership. Dean Fitzpatrick, president of Larry H. Miller Dealerships, announced this week that a grand opening and ribbon cutting celebration will be held on Aug. 13 for the newly located […] [Read More]

Though the number of franchised dealerships has declined slightly this year, it seems the dealerships that have stuck around are on track to break records and reach an all-time high for average new-vehicle sales per dealership, according to the mid-year Automotive Franchise Activity Report from Urban Science. Healthy sales this year for franchised dealerships has […] [Read More]

One of the nation’s dealer groups expanded its footprint this week, with the announcement of the acquisition of a luxury brand dealership. Continuing its expansion with the acquisition of Chicago-area BMW of Orland Park is the Zeigler Automotive Group, which finalized the sale earlier this summer. BMW of Orland Park opened under Zeigler ownership on […] [Read More]

With what has become a slow economic recovery for Canada as many consumers continue to suffer financial setbacks, the buy-here, pay-here automotive market is experiencing a resurgence of sorts.   Mark Dubois, director and moderator of Buy Here Pay Here Performance Groups at Performance Inc., told Auto Remarketing Canada that this increased interest in BHPH […] [Read More]

The National Highway Traffic Safety Administration said Ford is recalling the 2013 C-Max Hybrid not equipped with panoramic roofs, which includes a little more than 33,000 vehicles. During vehicle testing, NHTSA indicated the unit exceeded a head injury criteria requirement set by Federal Motor Vehicle Safety Standard No. 201 titled, “Occupant Protection in Interior Impact.” […] [Read More]

CAR-Research XRM named a new vice president of sales, the company announced this week. Responsible for all sales and marketing functions of the company and reporting directly to CAR-Research president and chief operating officer Patrick Kelly is Jeff Loos. Loos, who will be based out of Kansas City, Mo., brings extensive experience at several top […] [Read More]

When looking at its consolidated international results, Group 1 Automotive drove its retail used-vehicle sales volume up by more than 16 percent, helping to push used retail revenue to nearly $535 million for the second quarter. More specifically, consolidated used retail revenue was at $534.8 million, a 17.2-percent uptick from the same period of 2012.  […] [Read More]

CNW Research is calling for a slim upswing in used-vehicle sales this month, but that’s not what the firm found most interesting about the used market. Stealing the show in July, it said, are the independents. After a few lean months this year, independent dealers are leading the pack in July, with franchised dealers projected […] [Read More]