Monday, April 30, 2018 - 3:20pm

Nick Zulovich, Staff Writer

Lithia Motors leadership discussed people in significant detail during its first-quarter conference call with the investment community. Lithia is keeping close tabs both on individuals who employed by the dealer group as well as its customer base that is exhibiting changing behavior. Lithia president and chief... Read More

Monday, April 30, 2018 - 2:38pm

Arlena Sawyers , Correspondent

Asbury Automotive Group will spend the rest of the year focusing on parts of its business it can control and expects to invest in excess of $10 million on its omni-channel strategy, company executives said. “Our plan for the remainder of 2018 is to focus on the aspects of the business that we can control,... Read More

Friday, April 27, 2018 - 3:15pm

Auto Remarketing Staff

Sonic Automotive sure enjoyed a record-setting first quarter as the dealer group reported six different new milestones as a part of its latest financial statement released earlier this week. Sonic said it posted new highs within six different metrics, including a trio related to its used-vehicle and F&I... Read More

Thursday, April 26, 2018 - 3:29pm

Joe Overby, Senior Editor

Used-car sales this month are likely to decline modestly from March, but the seasonally adjusted annualized rate should remain steady. That’s according to an analysis released this week by Edmunds, which projects April used-car sales of approximately 3.5 million units. That would be down from 3.7 million in... Read More

Wednesday, April 25, 2018 - 2:50pm

Auto Remarketing Staff

The challenging winter weather experienced in much of the dealership footprint held by Lithia Motors left its mark on the first-quarter performance the dealer group reported on Wednesday. Despite the Northeast getting especially pounded by snow and other elements preventing potential buyers coming to showrooms, Lithia... Read More

Tuesday, April 24, 2018 - 4:27pm

Arlena Sawyers , Correspondent

When Brenna Stansberry got out of high school she could have joined the family used-car business, Park Marina Motors. But she joined the Navy. “The car business was stressful, and I saw that in my parents,” said Stansberry, who later had a family, joined the business and is now the owner of the Redding,... Read More

Wednesday, April 18, 2018 - 11:01am

Auto Remarketing Staff

After driving over 40 vehicles through a series of exercises on a 2.5-mile racetrack, members of the Texas Auto Writers Association (TAWA) voted for Lexus and Chrysler to take home the top two awards at this year’s Texas Auto Roundup. Over the course of two days, 49 TAWA members learned about a total of 46... Read More

Tuesday, April 17, 2018 - 9:58am

Auto Remarketing Staff

Kia Motors America boasts reaching a record number of certified pre-owned sales last month.    The brand announced Monday that it achieved its best-ever monthly sales number in March — a total of 7,698 CPO vehicles. "Kia's certified pre-owned program proves to be popular with consumers... Read More