Penske Automotive Group announced Tuesday that is has bought the Crevier BMW and Mini franchises located in Santa Ana, Calif. The company noted that the Crevier franchises represent approximately $275 million in estimated annual revenue. "These franchises represent an outstanding opportunity to grow our footprint in Orange County, California," said Penske Automotive Group West region […] [Read More]

Porsche announced Monday it has launched a mobile tag program that allows consumers to get the inside scoop on a car even if they can’t make if to a dealership during normal hours, or just want to look around the showroom on their own. By scanning the mobile tags found on select Porsche vehicles, users […] [Read More]

It was announced Monday that Audi has chosen automobile inspection company Carcannon Corp. to provide Certified Pre-Owned consultations for the automaker. Adding to the list of nameplates Carcannon already serves, Audi joins the ranks of customers such as Mercedes-Benz, Porsche and Honda. “For years, Carcannon has been proud to provide superior pre-sale certified consultations for […] [Read More]

The CarMark Certified Pre-Owned program, the industry’s most comprehensive independent pre-owned vehicle certification program, is pleased to announce that three new dealers — in California, Minnesota and Wisconsin — have joined its ranks and are gearing up to offer CarMark Certified pre-owned vehicles to their customers. [Read More]

Extended warranties have become an increasingly integral part of the auto business, as they not only serve to protect car owners and foster greater buyer confidence, they can add another selling point for dealers and bring more value to a vehicle. But — like with any business — there can be bad apples that abuse […] [Read More]

Fuji Heavy Industries — maker of Subaru vehicles — recently outlined an aggressive five-year management plan in hopes of ratcheting up North American sales to 380,000 units annually. Should the automaker hit that target in North America, officials contend that mark will ensure further growth by achieving an annual sales volume of 1 million vehicles […] [Read More]

Canada’s new-vehicle sales in June climbed more than 6 percent year-over-year, and while automakers continue to struggle in the midst of production challenges, several companies posted record sales for the month. Overall, there were 164,796 new units sold in Canada, up 6.6 percent from June 2010, according to the Market Snapshot provided by DesRosiers Automotive […] [Read More]

As the automaker continues to search for ways to secure more medium to long-term funding, on Thursday Saab celebrated the approval of a few recent agreements and announced it plans to restart production in early August. Just yesterday, the automaker gained final approval from the Swedish Government, the Swedish National Debt Office and the European […] [Read More]

Infiniti released new television spots Thursday reinforcing what the company believes: the brand is the opposite of “the status quo.” Officials highlighted the series of ads — the first of which includes a 60-second “brand anthem” — are geared to emphasize Infiniti’s designs, engines and technologies.  Infiniti contends it’s also “challenging the status quo” by […] [Read More]

The Pre-Owned Automobile Dealers Alliance recently released a white paper that describes the pros and cons of various non-manufacturer certification programs and helps guide dealers in choosing a certification program for their non-brand, or other makes and models, vehicles. The white paper, “Certified Profit Potential: Increase Your Profits with an OMM Certification Program,” can be […] [Read More]