Longo Toyota, which bills itself as the world’s largest Toyota dealership, is going all in for education. The El Monte, Calif., dealership is auctioning off a 2023 Toyota GR Corolla MORIZO, with all proceeds to be donated to the El Monte Schools and Vision To Learn. The auction will take place virtually from Oct. 18-24, […] [Read More]

Former Cox Automotive executive Mike Boyd has joined AutoMobile Technologies as its new managing director, AMT’s parent company Repair OnDemand announced. The company said Boyd, who will report directly to Repair OnDemand president Randy Kobat, will lead AMT’s expansion efforts and “drive continued success within the car dealership market.” Boyd most recently served as senior […] [Read More]

Electric vehicle sales are charging ahead at record pace, according to the latest data from Kelley Blue Book. KBB’s Q3 EV sales volume report, released Thursday, showed more EVs were sold in the third quarter of 2023 than in any previous quarter as EVs earned a record market share. Total EV sales for the U.S. […] [Read More]

Employees of AutoNation celebrated the company’s Drive Pink Across America Day on Thursday with an act of service for those battling cancer. A team of South Florida AutoNation associates gathered at Hard Rock Stadium in Miami Gardens to fill 450 Totes for Hope cancer comfort bags, and delivered them throughout the afternoon to patients undergoing […] [Read More]

CarMax’s 30th birthday party was a real bell-ringer. The nation’s largest used-car retailer celebrated its 30 years in business by ringing the closing bell Tuesday at the New York Stock Exchange. President and CEO Bill Nash and vice president of corporate social responsibility Laura Donahue — a founding CarMax associate — did the honors, accompanied […] [Read More]

Jeffrey Brown is moving from one of the biggest players in all of automotive to another. Ally Financial announced Wednesday that Brown will be stepping down early next year after serving as chief executive officer and a member of Ally’s board of directors since 2015. According to a news release, following his departure, Brown will […] [Read More]

This dealer news roundup includes another buy-sell move in the Sunshine State as well as a member of Congress traveling from Washington, D.C., to visit a Kia dealership in his district in Washington State. According to a news release from Performance Brokerage Services distributed on Tuesday, Crown Automotive Group sold Crown Mitsubishi in St. Petersburg, […] [Read More]

Last October, Carvana became the title sponsor for the Professional Pickleball Association (PPA). This week, the online used-vehicle retailer finalized its newest sports partnership in another growing outdoor activity, forging a relationship with renowned professional mountain biker and Red Bull athlete Jaxson Riddle ahead of the world’s premier big-mountain freeride event, Red Bull Rampage. According […] [Read More]

For the second month in a row, a major used-vehicle retailer filed for bankruptcy with the intention of shutting down operations. Late on Friday, Shift Technologies announced that it and its subsidiaries intend to file a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court to […] [Read More]

Davie, Fla.-based Rick Case Volkswagen recently won an award for being the No. 1 volume certified pre-owned VW dealer in the country during 2022, and the dealer group’s chief operating officer was impressed by the response he saw from the automaker. “Everybody from national came in, everybody from the regional office and local support — […] [Read More]