Used vehicles an unsung hero in Group 1 earnings report
Image courtesy of Group 1 Automotive.
Image courtesy of Group 1 Automotive.
Although Group 1 Automotive achieved record quarterly used-vehicle retail revenues in the third quarter, the company didn’t spend a great deal of discussion time on the used-vehicle category during its third quarter 2025 earnings call on Oct. 28. Group 1 president and CEO Daryl Kenningham did say, however, at the beginning of the call that […]
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Turn Automotive, a driveway appraisal and guaranteed offer platform, said Monday it has partnered with DealNow, whose technology dealers can use to buy vehicles from private sellers. The partnership is designed to give dealers, “one complete process for buying from the street.” Dealers can use Turn to inspect and appraise a vehicle without the seller […]
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November 06, 2026
Tom Kilgarriff describes McGovern Automotive Group president Matt McGovern as “a big proponent of used cars.” “All the stores are expected to sell used cars, and year to date we’re just about one to one used to new,” said Kilgarriff, who is group pre-owned manager for McGovern Automotive Group, who is Auto Remarketing’s 2026 Franchise […]
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During its third quarter earnings call, Cars.com launched Marketplace Starter, a no-fee self-service subscription plan aimed at independent dealers. The online marketplace sees attracting more independent dealers to list on its site as a key to long-term sustainability. “In keeping with our focus on development velocity, we launched our first self-service marketplace offering to better […]
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