Here’s an item dealers still can be thankful for now that all of the turkey leftovers are gone: New-vehicle sales appear to be back on track after Hurricane Sandy. The latest sales forecast developed by J.D. Power and Associates’ Power Information Network and LMC Automotive showed the new-vehicle retail selling rate is back to a […] [Read More]

A deal long in the making has come to a close. Hertz Global Holdings announced this morning that it has successfully completed its previously announced acquisition of Dollar Thrifty Automotive Group. As a result of the transaction, Dollar Thrifty has become a  wholly owned subsidiary of Hertz. [Read More]

CarMax recently opened its first dealership in the Denver market, and the company said on its website that a second store in the area is “coming soon.” The newest addition is located at 2600 West 104th Avenue in Federal Heights, Colo. The store consists of more than 27,000 square feet, employing more than 65 associates […] [Read More]

To Lenny Checheris and company, it’s all about the “guests.” As general manager of Luther Bloomington Hyundai in Bloomington, Minn., Checheris says customer service is at the forefront of everything the dealership does, from its complimentary showroom snacks to text-message service appointments to its instant-answers live chat. “We all really work hard at the same […] [Read More]

As the holidays approach, Chrysler Group employees in the Midwest are reaching out in an effort to fight hunger at Thanksgiving.  Last week, “everything from canned fruit and vegetables to cranberry sauce, pumpkin pie filling and stuffing mix” was packed up and loaded into Chrysler Group vehicles for delivery to local food pantries in the […] [Read More]

Although he has seen a drop in the supply of off-lease units — often the bread-and-butter of the certified pre-owned-eligible pool — Audi Canada’s Jonathan Breton has noticed that his brand’s year-to-date CPO sales have still managed to climb nearly 3 percent over the same period of 2011.   “Supply continues to be a challenge, but […] [Read More]

Experian Automotive announced Wednesday that Porsche Cars North America retained the company as the provider of vehicle history reports for the automaker’s certified pre-owned program. As part of the renewal agreement, Porsche also will include Experian Automotive’s new three-year buyback protection. The new program is designed to protect customers purchasing a Porsche CPO vehicle against […] [Read More]

Toyota Motor Sales USA will conduct two safety recalls involving Prius vehicles as part of the recall announced Wednesday by Toyota Motor Corp. Approximately 670,000 Prius vehicles are being recalled in the United States — part of the 2.8 million units being brought back worldwide — to inspect and in some cases replace the steering […] [Read More]

Penske Automotive Group acquired two Wisconsin dealerships this week, Jon Lancaster Toyota Scion and Lexus of Madison. The company said the acquired dealerships are expected to contribute annualized revenues of approximately $130 million. The Toyota dealership is located in east Madison and operates on 10 acres with approximately 70,000 square feet of facilities for sales […] [Read More]

IntelliChoice.com announced its 2013 Certified Pre-Owned awards Tuesday afternoon at Used Car Week, and receiving the Best Popular CPO Program Award was Hyundai, while Volvo took honors as the Best Premium CPO Program Award winner. Hyundai has won the popular category two years in a row, and Volvo extended its streak of premium category wins […] [Read More]