Retail
TIME Dealer of the Year Nominee Makes Transition from OEM Office to Showroom
Auto Remarketing Staff
While two nominees came up through the ranks at family-owned stores, another one first worked as an OEM’s analyst before sliding over to the showroom. In the next group of profiles of nominees for TIME Dealer of the Year Award, these store executives all share what’s important to them — in and out of the […] [Read More]
Group 1 Purchases 13th US BMW Franchise
Auto Remarketing Staff
Group 1 Automotive has brought its BMW franchise count to 13 with the recent purchase of Hilton Head BMW in Bluffton, S.C. Officials projected the store’s annual revenues to be $45 million. “Hilton Head BMW is our 13th BMW franchise in the United States and will complement Group 1’s existing Audi, BMW and Toyota dealerships […] [Read More]
NADA Survey Reveals Dealers’ Rising Satisfaction with OEMs
Auto Remarketing Staff
Dealer satisfaction with their respective manufacturers continued to climb this past year, according to the National Automobile Dealers Association’s latest Dealer Attitude Survey. This is especially apparent among the foreign OEMS. The survey — conducted twice a year — measures dealers’ attitudes in what NADA sees as three key areas: “franchise value, automaker policy decisions […] [Read More]
TIME Dealer of the Year Nominees Recall Career Start as Youngsters
Auto Remarketing Staff
A pair of TIME Dealer of the Year Award nominees unofficially got their careers started at young age. One remembers he was 7, and another he says was 5. In the next group of nominee profiles, these store executives all share what’s important to them — in and out of the showroom. The awards program, […] [Read More]
AutoNation Reports All-Time Records, Used Sales on the Rise
Sarah Rubenoff
Automotive retailer AutoNation revealed Thursday it finished the year off on a strong note breaking all-time company records, as well as posting fourth quarter gains for 2011. The numbers reveal that rises in used-vehicle sales during the last three months of 2011, as well as the overall year, contributed to a climb in both adjusted net […] [Read More]
TIME Dealer Nominees Enter Industry in Varying Ways
Auto Remarketing Staff
One nominee got into the auto business by responding to a newspaper ad. Two others followed in the footsteps of family members. In the next group of profiles of nominees for TIME Dealer of the Year Award, these store executives all share what’s important to them — in and out of the showroom. The awards […] [Read More]
Kia Recalls Certain Optima & Rondo Models
Auto Remarketing Staff
While brand officials highlighted their upcoming Super Bowl commercial, the National Highway Traffic Administration revealed a recall Kia Motors America is orchestrating. NHTSA indicated Kia is recalling the Optima from the 2006 through 2008 model years and the Rondo from the 2007 and 2008 model years for a problem associated with the front air bags. […] [Read More]
J.D. Power Reveals Most Useful Automaker Websites
Auto Remarketing Staff
Based on the perspectives of new-vehicle shoppers surveyed late last year, the car brands whose websites are most useful during the shopping process are a pair of Japanese brands from the same manufacturer. Releasing its 2012 Manufacturer Website Evaluation Study — Wave 1 on Wednesday, J.D. Power and Associates found that Acura, followed by Honda, […] [Read More]
Higher Education Catapults TIME Dealer of the Year Nominees
Auto Remarketing Staff
In the next group of nominee profiles related to the TIME Dealer of the Year Award, these store executives all knew in college they wanted to get into the car business. A pair even went through law school first before venturing into the dealer world. The awards program, which is produced in cooperation with the […] [Read More]
AutoNation & ASEDA Fleet Join Forces on Purchasing Program for Native Americans
Auto Remarketing Staff
ASEDA Fleet has partnered with AutoNation to offer affordably priced new and used vehicles for members of Native American and Alaska Native Tribes. The program, which can be accessed online, started Tuesday in California, Alaska and Florida. Through this joint effort, officials explained accredited tribal members will be able to search online for new or […] [Read More]
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