AutoNation is getting creative in a way that could potentially solve several issues for the dealer group and its customers. The company’s AutoNation Mobility division is booking what’s dubbed “Micro-Leases,” putting customers into new cars connected to leases lasting six to 12 months. According to the program website, these “Micro-Leases” currently are available only at […] [Read More]

Electric vehicle manufacturer Faraday Future has appointed former CarLotz CEO Lev Peker as a member of its board of directors and chairman of the board’s audit committee, by unanimous vote of the board. Peker is currently CEO of PartsiD, a digital commerce platform for the automotive aftermarket. He previously served as chief executive at CarLotz, […] [Read More]

To conclude our series of Auto Remarketing Podcasts from the NIADA Convention, we talk with Geoff Shepard, who is the independent dealer sales manager at Work Truck Solutions. Shepard and Cherokee Media Group senior editor Joe Overby discuss Work Truck Solutions’ partnership with independent dealers, the state of the work truck/commercial vehicle segment and much […] [Read More]

Buying a car is not like ordering a pizza. But for some Carvana customers, the delivery time might be getting close. The nation’s largest online used-car retailer has launched same-day delivery to select customers who order a vehicle in Arizona, with plans to expand the service to select markets nationwide in the coming months. “Carvana’s […] [Read More]

Electric vehicle manufacturer Rivian Automotive has named John Krafcik to its board of directors. Krafcik is a veteran automotive executive with more than 35 years of experience in the industry, most recently as CEO of Waymo, an Alphabet company that has commercially launched autonomous driving technology in several U.S. markets. He will also serve as […] [Read More]

Tameron Gulf Coast, a dealership group based in Daphne, Ala., has acquired another store in that state with the purchase of Nissan of Mobile from Group 1 Automotive Inc., according to a news release from The Presidio Group, which facilitated the sale. The acquisition gives Tameron Gulf Coast six dealerships along the Gulf Coast, joining […] [Read More]

Owning a Porsche can be an elevated experience. Holman wants the same to be true about buying one. To that end, the global automotive services company has opened the Porsche Studio San Diego, a state-of-the-art retail site focused on delivering a premium automotive customer experience. The studio, located in San Diego’s upscale, open-air Fashion Valley […] [Read More]

For longer than anyone can remember, Maurice VanCoillie had been selling cars in the Detroit area. In fact, he was such an institution there that in 2021, the city of St. Clair Shores, Mich., placed a historical marker at his dealership. But on July 18, VanCoillie, affectionately known to most everyone as “Mr. Van,” passed […] [Read More]

The Costco Auto Program is once again working with Volvo to provide Costco members with incentives on selected Certified by Volvo models. Costco held its first CPO promotion with Volvo in 2022, when members received a $1,250 member-only incentive on the purchase of 2019-2021 Certified by Volvo XC60 and XC90 models. This year the incentive […] [Read More]

ACMGMT LLC, led by Ali Ahmed, has purchased Sutherlin Nissan of Fort Pierce, Fla., from Sutherlin Automotive Group, George Chaconas of Performance Brokerage Services announced. The dealership, which has been renamed Nissan of Fort Pierce, becomes the 38th owned by ACMGMT, according to Performance Brokerage Services. Sutherlin Automotive Group was founded by George Sutherlin more […] [Read More]