Retail
Lithia Motors Expands Rooftop Count in Texas
Tuesday, Aug. 28, 2012, 05:54 AM
Auto Remarketing Staff
Lithia Motors on Monday announced its acquisition of a longtime Texas dealership, boosting the company’s overall number of stores to almost 90. The newly-acquired dealership is Connell Chevrolet in Killeen, Texas, which will now be renamed as All American Chevrolet of Killeen. Lithia reports that the deal adds $60 million in estimated annual revenues to […] [Read More]
Bills to Regulate California BHPH Dealers Continue to Gain Momentum
Monday, Aug. 27, 2012, 08:00 AM
Nick Zulovich
Despite concern from the Independent Automobile Dealers Association of California about how state legislators still do not have firm classification of what a buy-here, pay-here dealer is, bills are continuing to work their way toward becoming law in the Golden State. Repeated opposition from IADAC and others has done little to keep a trio of […] [Read More]
5 New CarMark Dealers Announced
Monday, Aug. 27, 2012, 07:59 AM
Auto Remarketing Staff
Five new locations in five separate states were recently added to the growing number of automobile dealerships throughout the country now offering CarMark Certified Pre-Owned vehicles to consumers, announced today by Bill Zadeits, manager of POADA, which owns the CarMark Certified program. [Read More]
August New-Vehicle Sales Rate Could Be Highest in More Than 4 Years
Monday, Aug. 27, 2012, 07:58 AM
Nick Zulovich
While the expectations may hurt used-vehicle sales, the August new-vehicle sales projection by Kelley Blue Book as well as the forecast developed by J.D. Power and Associates’ Power Information Network and LMC Automotive show franchised dealers are continuing to move new metal at greater rates — possibly the highest clip in more than four years. […] [Read More]
Chrysler Group Employees Help Serve Up 100K Meals in Fight Against Childhood Hunger
Monday, Aug. 27, 2012, 07:54 AM
Auto Remarketing Staff
One in five children are hungry in the Detroit metro area, and thousands of Chrysler employees took to the streets to collect food for the fight. The automaker partnered with United Way for Southeastern Michigan to gather food donations and raise awareness for underused summer meal programs, serving up more than 100,000 meals for children […] [Read More]
Nissan, Toyota Fight Battle of the Sedans; Jumpstart Automotive Reveals Toe-to-Toe Competition for Market Share
Thursday, Aug. 23, 2012, 05:55 AM
Nancy Pardue
Altima versus Camry — which car do more online auto shoppers prefer? A new report sheds light on this battle for best-selling midsize sedan. With Nissan looking to gain ground against longtime segment frontrunner Toyota, Jumpstart Automotive Group evaluated shopper behaviors to reveal the top contender among online consumers so far this year. Jumpstart assessed […] [Read More]
CNW: August Used Sales Likely to Climb 2 Percent
Wednesday, Aug. 22, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
With much of the growth attributable to private-party numbers, used-vehicle sales are expected to climb more than 2 percent year-over-year in August, according to projections from CNW Research. The firm said Tuesday afternoon that there will likely be 3.89 million used sales this month, compared to 3.81 million in the same period of 2011. This […] [Read More]
Larry H. Miller Automotive Group Celebrates New Honda Store, Hosts Grand Opening
Wednesday, Aug. 22, 2012, 05:54 AM
Auto Remarketing Staff
Larry H. Miller Automotive Group is expanding its presence out West with the grand opening of Honda Murray. The new store — located at 5808 South State Street in Murray, Utah — will welcome the public this coming Monday with a grand opening and ribbon-cutting celebration. The event, starting at 1:30 p.m., “will highlight child […] [Read More]
Greater New York Toyota Dealers Offer Unit Payment and Classroom Supply Assistance for Teachers
Tuesday, Aug. 21, 2012, 03:36 PM
Auto Remarketing Staff
Toyota and the Greater New York Toyota Dealers announced that they are joining forces to help educators who might be suffering financial strain during the last month of summer since many are unpaid during this time. Officials said that when licensed teachers in Connecticut, New Jersey or New York lease any new Toyota, dealers will […] [Read More]
Study: Nearly 4 in 10 Buyers Skip Test Drive of Most-Considered Vehicle
Tuesday, Aug. 21, 2012, 05:58 AM
Auto Remarketing Staff
The vehicle test drive has long been the standard for dealerships looking to influence potential buyers by allowing them to experience a car’s ride and features. According to a new study, however, not all buyers are interested in taking the car for a spin. In its Test Drive Study, Maritz Research reports that 11.4 percent […] [Read More]
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