Carvana has expanded its footprint to include South Carolina, adding the Columbia and Greenville markets on Wednesday. Customers in these markets can choose to have their purchase delivered to their home or pick it up at one of Carvana’s five “Car Vending Machines.” The Carvana “Fly and Drive” program subsidizes $200 in airfare for the […] [Read More]

The owner of a South Dakota auction dubbed the “classic car graveyard” is currently selling his 40-plus-year-old collection of over 300 collector vehicles from the 1920s to 1990s. Kerry Droog, owner of K&K Auto and the son of an auctioneer, has been buying from auctions and picking out finds from local farms for most of […] [Read More]

CDK Global announced Wednesday morning that it has signed a deal to acquire Auto/Mate Dealership Systems, a DMS provider. CDK said in a news release it will integrate the Auto/Mate DMS into its product offering. Each of the company’s boards has approved the deal, which is subject to customary closing requirements and regulatory approval. The […] [Read More]

The spring season in the wholesale vehicle market has passed and auction values have returned to seasonal depreciation patterns, says Black Book. Car segment values were down 0.36 percent last week and trucks fell 0.47 percent, according to the latest Black Book Market Insights report. This just a couple weeks after a stronger than expected […] [Read More]

Dent Wizard International has promoted its chief operating officer Mike Black to president, replacing Terry Koebbe who will retain his position as chief executive officer. In addition to his new role, Black will remain the company’s chief operating officer. “Mike has done a phenomenal job as COO over the past six years,” Koebbe said in […] [Read More]

Jumpstart Automotive Media Canada has formed an exclusive ad sales representation agreement with online automotive marketplace Carpages.ca, the company announced on Tuesday. Carpages.ca, the first Canadian website to offer a digital-only vehicle marketplace, according to Jumpstart, provides greater Toronto area consumers with research information, vehicle pricing tools and new and used-car listings. “The Carpages.ca audience […] [Read More]

AutoNation has teamed up with Andretti Autosport's 2014 Indy 500 champion Ryan Hunter-Reay and Indy 500 rookie Jack Harvey for TV advertising campaigns that celebrate the company selling 11 million vehicles and raise cancer awareness. This month, Hunter-Reay kicked off AutoNation's, "Race to 11 Million" major TV campaign along with the "#DRINKTHEMILK" challenge, which reinforces AutoNation's commitment […] [Read More]

More than 22 percent of franchised dealers' used-car sales in the first quarter were certified pre-owned vehicles, according to Edmunds, which says these stores are feeling the pinch in their older inventory but see a flood of late-model supply. There were 647,400 CPO sales in Q1, which was up a modest 0.1 percent year-over-year, according […] [Read More]

The NADA Show 2018, formerly the NADA Convention and Expo, will host a series of workshops for new-car dealers and their top managers next year and is inviting interested industry experts to submit workshop proposals. The deadline for submitting a proposal for the 2018 show is 11:59 p.m. (ET) on June 26. Proposals must focus […] [Read More]

Amid the leadership shakeup at Ford, several industry analysts and observers weighed in Monday on the news that Jim Hackett would be replacing Mark Fields as the Blue Oval’s president and chief executive officer. The news was first reported Sunday night by Joann Muller of Forbes before the automaker made the announcement Monday morning. “We’re […] [Read More]