Best CPO Dealers: 2017 sales rankings by brand

Joe Overby, Senior Editor

It has now been seven straight years of record certified pre-owned vehicle sales, according to Autodata Corp. To recognize the dealers leading the CPO car business, Auto Remarketing presents our annual special section honoring The Best CPO Dealers in the USA. As part of the Feb. 15 issue of Auto Remarketing, we... Read More

Chris Hart-Williams, Staff Writer

At the 31st North Carolina International Auto Expo in Raleigh, where the Wake County New Vehicle Dealers Association showed off the latest hybrid, electric, SUV, compact and luxury models — Auto Remarketing caught up with Toyota’s East Coast communications manager Corey Proffitt and district... Read More

CPO car sales climb modestly in February

Joe Overby, Senior Editor

Certified pre-owned vehicle sales edged up by 0.4 percent in February, keeping the year-to-date sum ahead of 2017 through two months of the year. According to Autodata Corp., there were an estimated 212,116 CPO sales last month, compared to 211,225 certified sales in February 2017. Through two months, year-to-date... Read More

Auto Remarketing Staff

Group 1 Automotive recently announced Mercedes-Benz and Smart franchise acquisitions from U.K.-based Robinsons Motor Group. The dealer group has also appointed Darren Guiver to serve as its U.K. operations managing director, a move that was effective Thursday. The company acquired three smart franchises and... Read More

Lithia keeps growing, adding 6 NJ stores

Auto Remarketing Staff

Lithia Motors continues to add more stores to the dealer group near locations already in the company’s portfolio. Within days of announcing an acquisition near Pittsburgh, Lithia said on Thursday that it has acquired six marquee stores from Prestige Family of Fine Cars in Bergen County, N.J., including a BMW,... Read More

Mike Sadowski , Kelley Blue Book

The automotive industry is changing at an unprecedented pace as consumers demand the industry to embrace the digital-first world. Individuals are beginning their car-shopping process online at an increasing rate, completing most of their research before stepping foot in a dealership. In fact, according to Cox... Read More

Auto Remarketing Staff

Hertz Global Holdings announced Wednesday that Paul Stone will join the company on March 6 to serve as executive vice president and chief retail operations officer, North America. Stone, who began his career at Sam's Club/ Walmart as a store manager before transitioning to Western U.S. divisional senior vice... Read More

Auto Remarketing Staff

Lithia Motors obviously likes turning metal in the Steel City. On Tuesday, Lithia announced it has acquired Day Automotive Group in Monroeville, Pa., a suburb of Pittsburgh. The Day group is estimated to generate $340 million in steady annual revenue. Day joins Baierl Auto Group as the second acquisition in 10 months... Read More