In the first half of 2012, it seems shoppers were in the market for midsize vehicles, with the Toyota Camry topping the list of best-selling new vehicles, according to Experian Automotive’s latest vehicle registration analysis. The used Camry was popular as well, selling approximately 394,000 units in the first half of the year. On the […] [Read More]

Auto Remarketing has learned that on Sept. 3, Kia Motors America officially transferred responsibilities for the automaker’s certified pre-owned program to its fleet and remarketing department. The program had been administered by KMA’s retail development department along with JM&A. Kia also told Auto Remarketing that as part of the transfer, Michelle Hurney is moving over […] [Read More]

Sonic Automotive announced this week that its vice chairman and chief financial officer notified the company that he intends to retire, effective at a yet-to-be-determined date. David Cosper said his retirement will come sometime during the first quarter of next year. The company said that it is initiating a formal search for a successor CFO.  […] [Read More]

Luxury models piqued the interest of used-vehicle shoppers at Kbb.com in August as Kelley Blue Book determined that half of the top 10 units generating the greatest spike in activity growth came from that segment. While the 2009 Chevrolet Suburban 2500 paced activity growth with a whopping 180.3-percent month-over-month increase, three of the next four […] [Read More]

The calendar may say that summer is behind us, but at Nissan, it just keeps rolling along. Nissan has announced the launch of its Keep Summer Rolling vehicle giveaway and service sweepstakes, to promote proper vehicle maintenance. The contest runs through Sept. 30, with online entries to be accepted through Oct. 31. Nissan said Keep […] [Read More]

On Monday, more than 2,600 dealers from the U.S. and around the world convened in Las Vegas to attend Chyrsler Group's 2012 Dealer Announcement Show. The company noted that more than 80 percent of Chrysler's NAFTA region dealers were joined by many of their counterparts in Europe, Asia-Pacific and Latin America as well as leading […] [Read More]

Ford Motor Company announced this week that the company, along with its employees and dealers, will donate more than $1 million this year to Kentucky nonprofits. More than $1.2 million in donations will go to nonprofits in the Louisville, Ky., and Lexington, Ky., areas this year, as part of Ford’s new Operation Goodwill partnership with […] [Read More]

As gas prices rise again, consumers may be turning towards hybrids, as a few of these units are being identified as having a lower total cost-of-ownership than their all-gasoline counterparts, according to Vincentric’s Hybrid Analysis released late last week. In the study, 11 of 25 hybrid vehicles came in as costing less to own over […] [Read More]

After wrapping up what was the strongest August ever for the CPO market, according to Autodata Corp., one dealership highlighted its recent success in the segment, as well as strategies and best practices implemented in the New York store. Bronx dealership Teddy Nissan was named the No. 1 CPO Nissan dealer in the country for […] [Read More]

Hendrick Automotive Group this week announced a partnership with Sirius XM Radio that will offer service subscriptions to those purchasing pre-owned vehicles with factory-equipped satellite radio. The three-month SiriusXM subscription deal applies to customers who buy a pre-owned vehicle from any of the 84 Hendrick Automotive Group dealerships across the U.S., and through Hendrickcars.com. “I’ve […] [Read More]