CNW Research said Superstorm Sandy pulled about 250,000 used sales out of the market in October, but many of those buyers have come “roaring” back this month. Analysts project this month’s used sales figure to come in at 3.04 million, which would represent a 17.6-percent jump from November of last year. The prediction is coming […] [Read More]

Right before the Thanksgiving holidays, the auto industry received some sad news. The founder of the nation’s largest privately owned auto dealership group passed away on Tuesday, Nov. 20, in Kansas City, Mo. [Read More]

Dealers can learn more about stocking quality units and holding gross in retail, in the next National Auto Dealers Association Webinar, set for Wednesday at 1 p.m. EST. Joining the free NADA Webinar will be Mike Platts of Carfax, to offer dealers insights on the Carfax Price Adjustment that is included with a Carfax Vehicle […] [Read More]

Payless Car Sales revealed last week a new store in Louisiana’s capitol city. Gerry Lane’s Payless Car Sales is now open for business at 11025 Reiger Road in Baton Rouge. The new store is located next to Gerry Lane Cadillac. The company contends that this store allows Baton Rouge customers to buy quality used vehicles […] [Read More]

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]