Retail

In a new series of the Auto Remarketing Podcast, Cherokee Media Group interviews “Dealer Entrepreneurs” — auto retail leaders who in addition to their roles at dealerships have also launched outside companies/startups in the automotive space. Next up in this series is a conversation with Joe Shaker, co-founder and CEO of TruVideo and owner of […] [Read More]

CarMax’s financial report for the 2024 fiscal year mirrored the used-car industry as a whole. Retail sales volume is on the way up – but revenue and profits were down slightly. The used-vehicle retailing giant’s retail sales rose by 1.3% for the fiscal year, which ended Feb. 29, reaching 172,057 units. Revenues from those sales, […] [Read More]

As a moderator of 20 Groups for independent retail dealers, my role provides a unique vantage point into the challenges faced by dealerships. Whether through in-person consultations or within the collaborative 20 Group space, those shared experiences offer profound insights into the daily triumphs and tribulations of dealers. A recurring observation that stands out is […] [Read More]

Dahl Automotive nearly doubled its dealership portfolio with the acquisition of four Wisconsin dealerships from Keith Kocourek of Kocourek Automotive, according to Performance Brokerage Services, which brokered the deal. Adding Kocourek Chrysler Dodge Jeep Ram of Stevens Point, Kocourek Honda of Stevens Point, Kocourek Chrysler Dodge Jeep Ram of Rhinelander and Kocourek Honda of Rhinelander […] [Read More]

Mach10 Automotive, an industry firm offering advisory services including dealer operations improvement and succession planning, announced the hiring of Carsten Preisz as chief marketing officer. Mach10 said Preisz will lead the marketing function including its branding and PR initiatives, as well as support the sales department in its efforts to develop new business opportunities. “We […] [Read More]

McGovern Auto Group has gone big into the collision repair space. The dealership group, which operates 29 locations in Massachusetts, New York and New Hampshire, has opened a body shop it said is the largest in the Northeast and the largest dealer-owned collision center in the U.S. MAG Collision Center in Shrewsbury, Mass., is a […] [Read More]

Auto recalls rose sharply in the first quarter of 2024, according to the inaugural Recall Report compiled by customer retention platform BizzyCar. Using data from the Department of Transportation and the National Highway Traffic Safety Administration, BizzyCar found there were 105 recalls issued in Q1, affecting some 9.7 million vehicles. The company said the recalls […] [Read More]

In a new series of the Auto Remarketing Podcast, Cherokee Media Group interviews “Dealer Entrepreneurs” — auto retail leaders, who in addition to their roles at dealerships, have also launched outside companies/startups in the automotive space. Kicking off this series is a conversation with Ryan Maher, who is the founder of BizzyCar, which provides a […] [Read More]

Michigan-based Victory Automotive Group has acquired Metro Toyota in Brook Park, Ohio, from Jerry Schneider, his sons Ken and Dan Schneider, and brothers Barry and Jim Greenfield, according to the Tim Lamb Group, which brokered the deal. The dealership, which will be renamed Victory Toyota of Brook Park, is the 11th Toyota store in Victory’s […] [Read More]

To recognize the dealers leading the certified pre-owned car business, Auto Remarketing presents our annual special issue honoring “The Best CPO Dealers in the USA,” which is presented by Cars Commerce. We reached out to a multitude of automakers and requested their respective top 10 certified dealer lists based on full-year 2023 sales. We hope these rankings and data […] [Read More]