Wednesday, January 8, 2020 - 3:18pm

Auto Remarketing Staff

The former leader of a top U.S. ally. The chairman and chief executive officer of one of the world’s largest automakers. A journalist turned award-winning standup comedian. They’re all set to be keynote speakers at NADA Show 2020. The annual gathering of the National Automobile Dealers Association and the... Read More

Wednesday, January 8, 2020 - 1:30pm

Auto Remarketing Staff

Warren Henry Auto Group says its new 800,000-square-foot North Miami headquarters, which is home to Jaguar, Land Rover, Infiniti and Koenigsegg, includes the nation's largest electric vehicle charging facility. The site is projected to be the largest Land Rover and Jaguar store in the entire nation, said Warren... Read More

Monday, January 6, 2020 - 4:30pm

Auto Remarketing Staff

  Before stores intensified their holiday-season sales efforts, both Haig Partners and Kerrigan Advisors released their third-quarter dealership buy/sell activity reports, highlighting how activity during the timeframe put the transaction pace on a healthy course to round out 2019 and to begin 2020. Beginning first with... Read More

Thursday, January 2, 2020 - 3:41pm

Auto Remarketing Staff

Sonic Automotive and EchoPark Automotive chief executive officer David Smith says the company’s EchoPark business is experiencing rapid nationwide growth, and he described that as “a great testament to our model and the value of exceeding customer expectations.” The company announced the latest example... Read More

Thursday, January 2, 2020 - 2:18pm

Auto Remarketing Staff

Avis Budget Group on Monday said its board of directors has appointed president of the Americas division Joe Ferraro as interim chief executive officer. Ferraro’s appointment was effective Wednesday and takes place in the wake of former president and chief executive officer Larry De Shon departing at the end of... Read More

Thursday, December 12, 2019 - 9:24am

Auto Remarketing Staff

Asbury Automotive Group has agreed to buy Park Place Dealerships for $1 billion cash, excluding inventory, the public retailer announced Thursday. The deal gives Asbury a boost both in Texas and within the luxury market. Park Place’s operating assets include17 franchises, including 15 in the Dallas-Fort Worth... Read More

Wednesday, December 11, 2019 - 3:40pm

Auto Remarketing Staff

Group 1 Automotive has acquired what it says are the only Lexus franchises in the state of New Mexico. The company said it expects the two Lexus dealerships, located in Albuquerque and Santa Fe, to generate approximately $90 million in annualized revenues. Group 1, which owns and operates 186 automotive dealerships,... Read More

Wednesday, December 11, 2019 - 2:00pm

Auto Remarketing Staff

In promoting Chrissy Taylor to chief executive officer, Enterprise Holdings said that she will oversee its global strategy and operations. Taylor, who was previously president and chief operating officer, becomes the fourth chief executive officer in the company’s more-than-60-year history. She also represents... Read More