
Presidio report finds a temporarily slower, but healthy appetite for dealership buy-sell
Tuesday, May. 6, 2025, 04:36 PM

Industry ‘trailblazer’ Wise joins Lotlinx as chief marketing officer
Tuesday, May. 6, 2025, 02:43 PM

Dealer news: Hendrick adds new brand to its portfolio; Rick Case donations drive Nation of Lifesavers CPR campaign
Thursday, May. 1, 2025, 01:52 PM
Retail
Group 1 Acquires South Carolina Dealership
Thursday, Apr. 15, 2010, 01:55 AM
Auto Remarketing
HOUSTON — Group 1 Automotive added another franchise dealership to its stable earlier this week. Executives announced the acquisition of Harrelson Toyota/Scion in Rock Hill, S.C., which is in the greater Charlotte, N.C., market area. Group 1 indicated that this dealership now will operate as Toyota/Scion of Rock Hill. Executives expected the store to generate approximately […] [Read More]
Sales of Lexus GX 460 Halted After Consumer Reports Safety Warning
Wednesday, Apr. 14, 2010, 11:59 AM
Auto Remarketing
TORRANCE, Calif. — After news surfaced that Consumer Reports had slapped the automaker's 2010 GX 460 model with a "Don't Buy: Safety Risk" warning for allegedly having potential roll-over issues, Lexus has temporarily halted sales of the SUV in the U.S. and Canada and is offering loaner cars to concerned owners of the model until the […] [Read More]
NADA: Dealer-Assisted Financing Being Debated Again by Congress
Tuesday, Apr. 13, 2010, 02:00 AM
Auto Remarketing
WASHINGTON, D.C. — The National Automobile Dealers Association repeated its warning on Monday about the possibility of dealer-assisted financing coming to an end if proposed legislation passes completely through Congress. NADA officials indicated that broad reform to the nation's financial system soon will be considered by the Senate. They stressed that President Barack Obama already has […] [Read More]
Bloomberg: Toyota Lawsuits Consolidated
Tuesday, Apr. 13, 2010, 01:59 AM
Auto Remarketing
SOUTHFIELD, Mich. — Toyota will be staying close to home for its impending legal processes, which saw a major development late last week. The plethora of acceleration-related lawsuits against the automaker will be rolled into one piece of litigation to be heard by a California federal judge in a city not too far from where Toyota […] [Read More]
GM Picks New Product Marketing Director for Buick
Tuesday, Apr. 13, 2010, 01:58 AM
Auto Remarketing
DETROIT — General Motors executives on Monday chose a former Cadillac and Saab USA executive to fill the role as product marketing director for Buick. John Schwegman, U.S. marketing vice president for Buick GMC, appointed Roger McCormack to the role effective immediately. Most recently, McCormack had been U.S. vehicle marketing director for Cadillac. He had held […] [Read More]
Dollar Thrifty Continues to Expand Brand’s Footprint
Tuesday, Apr. 13, 2010, 01:55 AM
Auto Remarketing
TULSA, Okla. — Dollar Thrifty Automotive Group has seen a swell in franchising activity lately, as the company continues to expand both in the U.S. and abroad. Specifically, Dollar Thrifty reported Monday that in the past two quarters, it has granted 15 new franchises. Moreover, it has signed contracts with 13 additional franchises, and expects that […] [Read More]
AOL Autos Shares Wild Television Ad Ideas Some Dealers Use
Thursday, Apr. 8, 2010, 01:58 AM
Auto Remarketing
DETROIT — A recent analysis by AOL Autos spotted some of the creative ways dealers use television commercials to bring in customers. While some dealers have turned to local sports heroes, others have gone to great lengths to leave quite an impression in just 30 seconds. "One of the smartest people I ever met in the car business […] [Read More]
Subaru’s Dallas Region Reaches Record Sales Again
Thursday, Apr. 8, 2010, 01:55 AM
Auto Remarketing
CHERRY HILL, N.J. — In a month where it saw especially strong increases in 2010 model-year Legacy and Outback sales, Subaru of America's Dallas region kept its perch as the best-selling region in March and enjoyed its ninth straight month of record sales, as well as its 11th straight month of year-over-year improvements. Specifically, the region's sales for March […] [Read More]
GM Finishes Another Step in Rebuilding Process
Wednesday, Apr. 7, 2010, 11:59 AM
Auto Remarketing
DETROIT — In the latest part of its rebuilding process, General Motors said this morning that it has finished fresh-start accounting. The automaker revealed it was filing its 2009 Form 10-Q and 2009 Form 10-K with the SEC today, as well. "We are building the foundation that will allow us to return to public ownership," stated […] [Read More]
Renault-Nissan, Daimler to Cooperate on Projects, Share Best Practices
Wednesday, Apr. 7, 2010, 11:56 AM
Auto Remarketing
BRUSSELS — The Renault-Nissan Alliance and Daimler AG have teamed up for a wide-ranging partnership that will include the companies cooperating on a number of projects and sharing best practices. Furthermore, the Renault-Nissan Alliance will take a 3.1-percent stake in Daimler. Meanwhile, Daimler will receive a 3.1-percent stake in Nissan and a 3.1-percent stake in Renault […] [Read More]
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