
Lithia still full speed ahead in M&A market with eighth acquisition of 2025
Tuesday, Oct. 14, 2025, 03:46 PM

TradePending gets stamp of approval from Mazda Digital Certified Program
Tuesday, Oct. 14, 2025, 10:21 AM

Dealer news: Healey Brothers’ wishful thinking; acquisitions in Wisc., Va.
Friday, Oct. 10, 2025, 12:34 PM
Retail
V20 adds partners for PR, marketing
Monday, Aug. 18, 2025, 02:45 PM
Auto Remarketing Staff
Vendor 20 Group announced two new partnerships to expand its industry influence, boost member visibility and support the group’s mission to unite auto industry vendors through innovation and collaboration. The group has joined with Charisma! Communications for public relations and Maxamy for marketing strategy and execution, the group said in a news release. V20, which […] [Read More]
Sonic earnings call shows EchoPark on a hot streak
Monday, Aug. 18, 2025, 02:20 PM
Daryl Lubinsky, Correspondent
Listeners of Sonic Automotive’s second-quarter 2025 earnings call learned one thing for certain: The company is happy with how its used-vehicle business, EchoPark, performed in the quarter. Very happy, in fact. “EchoPark is just on fire,” Sonic president Jeff Dyke said in response to an analyst’s question during the Q&A portion of the July 24 […] [Read More]
Dealer news: Germain races into Louisville; Gates returns to Mercedes to lead dealer network development
Monday, Aug. 18, 2025, 01:48 PM
Auto Remarketing Staff
Germain Motor Company is off to the races in the home of the Kentucky Derby. The Ohio-based dealership group has acquired Blue Grass Motorsport, a luxury car mega-dealership in Louisville, Ky., from brothers Andy and Mike Vine and their brother-in-law, Jim Haynes, according to Kerrigan Advisors, which represented the sellers in the transaction. The location […] [Read More]
Dealer news: Gunn acts fast to help flood victims; Von Housen back as Ferrari dealer; grand opening for Group 1 store
Friday, Aug. 15, 2025, 02:23 PM
Auto Remarketing Staff
When the Central Texas Hill Country was ravaged by severe flooding on July 4, Gunn Automotive Group didn’t hesitate to act. By 8 p.m. that day, executives of the dealership group, which operates six dealership locations and a fleet management business in the San Antonio area, had already mobilized relief efforts, the company said in […] [Read More]
Hertz Car Sales brings Rent2Buy to 100-plus cities
Thursday, Aug. 14, 2025, 03:15 PM
Auto Remarketing Staff
Hertz Car Sales announced Thursday that it has expanded its Hertz Rent2Buy program to more than 100 cities across the U.S. The program is designed to provide consumers with “an extended test drive” on used vehicles from Hertz, with the “try before you buy” approach. The consumer can browse a selection of used vehicles online, […] [Read More]
AutoNation USA expansion is ‘more deliberate’ and ‘more methodical’
Thursday, Aug. 14, 2025, 11:11 AM
Arlena Sawyers, Correspondent
AutoNation is moving ahead with plans to expand its AutoNation USA used-car store footprint this year, said its CEO Michael Manley.
“You’re going to see additional openings of (AutoNation) USA businesses this year; for sure they’re already planned, they are already in development,” Manley said during AutoNation’s July 25 earnings conference call covering the second quarter that ended June 30.
AutoNation announced ... [Read More]
Dealer news: Mitsubishi aims to create Momentum with first gallery dealership; California Chevy store acquired
Wednesday, Aug. 13, 2025, 04:13 PM
Auto Remarketing Staff
Mitsubishi’s master plan for North America is beginning to take shape, in the form of its first U.S. gallery dealership. Mitsubishi Motors North America announced a gallery dealership in a new retail development in Antioch, Tenn., southeast of Nashville, is scheduled to open in the first quarter of 2026. The new store will be one […] [Read More]
Dealer news: Group 1 adds HR chief; acquisitions in Connecticut, Kansas
Tuesday, Aug. 12, 2025, 12:35 PM
Auto Remarketing Staff
Group 1 Automotive announced it has named Melkeya McDuffie as senior vice president and chief human resources officer. The dealership group, which owns and operates 259 automotive dealerships and 39 collision centers in the U.S. and U.K., said McDuffie has a proven track record of “developing and deploying strategies to attract, enrich and retain the […] [Read More]
NBB adds investment banker Kuzemka as CEO, with AEP’s Hollis as ‘strategic advisor’
Monday, Aug. 11, 2025, 04:35 PM
Auto Remarketing Staff
NBB has a new leader. The M&A advisory firm for the automotive sector has appointed longtime investment banking executive Zach Kuzemka as CEO. Kuzemka replaces Brady Schmidt, who has been the company’s CEO since 2004. Schmidt will serve as executive chairman and will continue to work with NBB’s clients while partnering with Kuzemka and the […] [Read More]
Dealer news: Philanthropy aims to aid Texas flood victims, Oregon’s homeless
Monday, Aug. 11, 2025, 03:50 PM
Auto Remarketing Staff
Two dealer groups are putting their money where their heart is with donations to help Texas flood victims and the homeless in Oregon. Pohanka Automotive Group and its pending Honda dealership in Central Texas announced they have established the Kerr County Flood Relief Fund and will match all public donations dollar-for-dollar up to $25,000 to […] [Read More]
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