Annual Urban Science survey shows dealerships are overwhelmingly the top choice for car purchases
Thursday, May. 14, 2026, 12:16 PM
Ex-Penske CFO O’Shaughnessy to join CarMax board
Wednesday, May. 13, 2026, 03:13 PM
Dealer news: Ken Garff, GNYADA take action to help deliver food to those in need
Wednesday, May. 13, 2026, 12:37 PM
Retail
Used Sales Up Double-Digits for Lithia
Thursday, Oct. 25, 2012, 05:55 AM
Auto Remarketing Staff
Joining the list of dealer groups reporting third-quarter results this week, Lithia Motors reported Wednesday that it pushed its used retail sales up more than 26 percent year-over-year, selling 13,320 used units. The company generated $230.3 million in used retail revenue, compared to $184.6 million in the same period of 2011. Meanwhile, Lithia sold 5,173 […] [Read More]
Cars.com Finds Biggest Used-Vehicle Price Changes for October
Thursday, Oct. 25, 2012, 05:54 AM
Auto Remarketing Staff
The percentage of change in used-car prices hit double digits for one luxury model from September to October, according to Cars.com. Meanwhile, a certain domestic model made a big comeback on the pricing front, the site noted. In the latest used-car price report posted to the "Kicking Tires" blog, Mike Hanley of Cars.com noted the […] [Read More]
CNW: Used Sales Show Gains Across Board
Wednesday, Oct. 24, 2012, 06:00 AM
Auto Remarketing Editor Joe Overby
Used-car operations for franchised dealers have been buoyed by a “boat-load of trade-ins,” and independents have been on the comeback trail, according to CNW Research’s look at October used-car sales. Overall, the year-over-year increase in used-vehicle sales this month will likely eclipse 8 percent, CNW said, basing its analysis on the first 20 days of […] [Read More]
Sonic Nears Used-Sales Goal; Readies for Company-Wide Inventory System Rollout
Wednesday, Oct. 24, 2012, 05:59 AM
Sarah Rubenoff
Sonic Automotive's third-quarter performance brought record-breaking volume numbers for used and new sales, and the company continues to make progress toward its per store monthly used-sales goal. Sonic saw an average of 87 used retail sales per store this month, rising from 82 during the same period of last year. [Read More]
Benefits of Lease Pull-Ahead Programs Aren’t Just for New-Car Side
Wednesday, Oct. 24, 2012, 05:58 AM
Auto Remarketing Editor Joe Overby
They can pull forward new-vehicle sales while boosting satisfaction and retention, but the benefits of automakers running early-exit offers within their leasing programs can also be found on the certified pre-owned side of the business, as well. That’s according to Scot Hall, executive vice president of Swapalease.com, who talked with Auto Remarketing about this practice, […] [Read More]
Car-Mart Unveils Fourth Store in Mississippi
Tuesday, Oct. 23, 2012, 02:59 PM
Auto Remarketing Staff
America's Car-Mart recently broadened its network of buy-here, pay-here dealerships in Mississippi. Car-Mart's newest location is in Oxford, Miss., bringing the company's total to 117 stores throughout the Southeast. "Oxford is our fourth location to open in Mississippi. It is the type of community that we consider to be ideal for our expansion plans," said […] [Read More]
Asbury Spots Growth in Used Retail Sales, More
Tuesday, Oct. 23, 2012, 02:08 PM
Auto Remarketing Staff
Asbury Automotive Group increased its used retail sales by 4 percent and pushed used-vehicle revenue up 5 percent during a period that saw that company achieve its best-ever quarterly earnings per share from continuing operations. Releasing its third-quarter results this morning, Asbury sold 14,585 used retail units during the period, compared to 14,053 used sales […] [Read More]
Sonic Sees Q3 Rises in New & Used Sales
Tuesday, Oct. 23, 2012, 01:56 PM
Auto Remarketing Staff
Reporting its third quarter results this morning, Sonic Automotive said it saw increases in sales, earnings and revenue. Highlighting its pre-owned results, Sonic’s used-vehicle retail unit sales were up 6.6 percent year-over-year. New-vehicle retail unit sales were up a significant 25.2 percent over the same quarter last year. Combined, total retail unit sales increased by […] [Read More]
Nissan Recalls 14K Altimas
Tuesday, Oct. 23, 2012, 05:54 AM
Auto Remarketing Staff
Nissan is recalling just under 14,000 Altimas built this spring and summer to correct a potential issue with transverse link bolts and power steering rack bolts. According to a notice on the National Highway Traffic Safety Administration’s website, there are potentially 13,919 units from the 2012 and 2013 model-years that could be affected. The recalled […] [Read More]
Fleming: Why CPOs Are the New Vehicle Of Choice For Many Women Car Buyers
Monday, Oct. 22, 2012, 07:57 AM
Women-Drivers.com president Anne Fleming
The used-car business had two of its best years ever in 2011 and 2010, with record sales of 15.6 million reported last year at franchised dealerships. According to the National Automobile Dealers Association, 8.7 million were retail sales made at dealerships, and 57 percent of them came from trade-ins or from the ever-increasing inventory of […] [Read More]
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