Wednesday, March 27, 2019 - 4:08pm

Daryl Lubinsky, Correspondent

In challenging times, used-vehicle sales are there to take up the slack. At least that was the case for Group 1 Automotive in the fourth quarter and full-year 2018. When times are good for auto dealers, used-vehicle sales also often play a prominent role, and that was the case for Asbury Automotive Group, too, as... Read More

Tuesday, March 26, 2019 - 12:41pm

Arlena Sawyers , Correspondent

 Amid concerns that 2019 will be a volatile year for new-car sales and that rising interest rates will erode profitability, Sonic Automotive reduced its employee headcount by 6 percent in the first quarter and is reining in capital expenditures, company executives said. So far, the company has identified around $20... Read More

Tuesday, March 26, 2019 - 6:00am

Auto Remarketing Staff

UPDATED: Headline and story text corrected to show that new vending machine location is in Pittsburgh.  Carvana notes that its new 130,000 square-foot vehicle inspection center in Indianapolis will increase the company’s production in the Midwest with annotation, full paint facilities, mechanical repair and... Read More

Friday, March 22, 2019 - 2:19pm

Auto Remarketing Staff

AutoNation Honda Hollywood has taken many steps to lower its energy costs and reduce its environmental impact in the community. Some of those steps include installing energy-efficient lighting and HVAC systems and state-of-the-art LED lighting in the interior and exterior of the dealership. Because of actions like that,... Read More

Thursday, March 21, 2019 - 10:55am

Auto Remarketing Staff

Kerrigan Advisors tabulated the figures and discovered the dealership buy/sell market recorded another year of tremendous activity in 2018, generating 6.9 percent in growth above the 2017 level and marking the fifth consecutive year of more than 200 transactions. According to The Blue Sky Report’s Year in Review... Read More

Wednesday, March 20, 2019 - 2:27pm

Auto Remarketing Staff

Electric vehicle designer and manufacturer Fisker describes founder Henrik Fisker as an “EV pioneer” and a “world-renowned, American automotive icon.” Among his company’s highlights through the years is the Fisker Flexible Solid-State Battery, which the company says “is ushering in a new... Read More

Wednesday, March 20, 2019 - 12:37pm

Auto Remarketing Staff

Those used vehicles on your front line and highlighted on your store website — especially certified pre-owned models — are going to look even more appealing if a new report from Edmunds is any indication. Edmunds projected on Wednesday that used-vehicle sales in 2019 are poised to hit the highest level since... Read More

Tuesday, March 19, 2019 - 3:40pm

Auto Remarketing Staff

Texas-based Snell Automotive Group now has a Blue Oval rooftop in Oklahoma to go with its portfolio of luxury showrooms in the Lone Star State. The dealer group announced on Thursday that it has purchased Bob Hurley Ford in Tulsa, Okla. Snell Automotive Group said in a news release that the dealership will be renamed... Read More