Cadillac recently named its 2012 Dealer of the Year award recipients, honoring 20 stores across the country. Winning this year’s honors were: — Bob Abernathy, Ron Carter Cadillac in Friendswood, Texas — Joe Armenti, Sarant Cadillac in Farmingdale, N.Y. — Will Churchill, Frank Kent Cadillac in Fort Worth, Texas — Paul Conte, Paul Conte Cadillac […] [Read More]

Avis Budget Group announced an expansion of its car sales program this week. The company, in collaboration with retailer AutoNation, has added its home state of New Jersey to the list of locations offering its Ultimate Test Drive car sales program, currently available in Arizona, California, Colorado, Florida, Nevada and Texas. The program offers consumers […] [Read More]

Porsche Canada recently announced a change to its leadership. Starting in September, Joe Lawrence will become executive vice president and chief operating officer of Porsche Cars North America. Lawrence’ successor as president and chief executive officer of Porsche Cars Canada will be announced at a later date, the company said. Lawrence joined Porsche Cars Canada […] [Read More]

Here’s more proof of how red hot the certified pre-owned market is: Edmunds.com indicated 21 percent of all used-vehicle sales by franchised dealers during the first quarter involved a CPO model — the highest rate ever. All told, Edmunds.com analysts found CPO sales so far this year are 6.2 percent higher than the same span […] [Read More]

This week, the Louisiana Automobile Dealers Association selected NADART as its preferred retirement plan administrator. Officials explained NADART — the retirement plan and benefits division of the National Automobile Dealers Association — and LADA will work together to deliver a selection of investment and employee benefits options specifically targeted to dealer businesses and their employees. […] [Read More]

CarMax leadership restated how it measures performance of a new store in light of the company taking applications for personnel to operate a facility it will open later this year in Tennessee. CarMax is looking for personnel to staff the company’s new store in Jackson, Tenn., the company’s first store in the city and its […] [Read More]

Volvo Cars of North America has upgraded its certified pre-owned program to kick off 2013 and its dealers are already seeing some positive effects. What started in January, Volvo’s CPO warranty is now a seven-year/100,000-mile deal, up from six years/100,000 miles previously. Additionally, Volvo changed its pricing structure for dealers to where it is now […] [Read More]

Toyota Motor Sales USA has shared its recent 2012 President’s Award winners as well as its lists of 2012 Board of Governors and President’s Cabinet award winners with Auto Remarketing. The recipients for each of these respective awards can be found in the charts below provided by Toyota: President's Board of Governors President’s Cabinet One […] [Read More]

More than 480,000 Chrysler Group vehicles either are being recalled or are under investigation, according to documents from the National Highway Traffic Safety Administration. First, the recall involves 295,345 vehicles, including the Jeep Grand Cherokee from 2005 through 2010 model years manufactured from Feb. 11, 2004 through March 9, 2010 as well as the Jeep […] [Read More]

For the 15th straight quarter, the nation’s seven publicly traded dealership groups saw their same-store used-vehicle retail unit volumes increase, according to the latest blog entry from Manheim Consulting’s Tom Webb. And this, Webb said, together with more operational efficiency, more quickly turning inventory and hearty income in the F&I office, helped push record profits. […] [Read More]