It was a solid start to 2017 for the certified pre-owned vehicle market. There were 192,586 CPO sales in January, which beats year-ago figures by 0.8 percent, according to Autodata Corp. Last year was the sixth straight record year for certified pre-owned sales, with dealers moving 2.64 million CPO vehicles for a 3.5-percent increase, Autodata […] [Read More]

Bill Berman has been named president of AutoNation, the retailer said in a news release. In a move that was effective Wednesday, Berman — who had been executive vice president and chief operating officer — becomes president and COO. Mike Jackson, who had held the title of president, continues at AutoNation’s chairman and chief executive […] [Read More]

Black Book found that both its vehicle value data and mood in the lanes reflected an upbeat direction as the industry approaches spring activities. This week’s Black Book Market Insights report again showed compact cars demonstrating better retention heading into the early spring selling season. Editors mentioned the overall truck segment values decreased by only […] [Read More]

The team at online vehicle sales platform Shift sifted through reports about how various models stack up using 10 different characteristics such as depreciation, fuel efficiency, safety and spaciousness to determine what site officials said are the top 10 best used cars for 2017. “Even though there were many ways we could have sliced this, […] [Read More]

The International Automotive Remarketers Alliance has launched a new website and opened up its membership renewal and member enrollment period for North America, the organization said in a news release. Starting today, current IARA members or those interested in becoming members can go to www.iara.biz to renew or apply, respectively.   IARA said in the […] [Read More]

RMS Automotive — Cox Automotive’s portfolio management solutions provider — announced on Wednesday that four of its key personnel have transitioned into new and expanded roles; they include Zach Hallowell as general manager, David Gaynoe as assistant vice president of global sales and marketing, Connie Suozzo as assistant vice president of operations and Ilana Kearns as […] [Read More]

American Recovery Service (ARS) was recently awarded the Employer Support of the Guard and Reserve (ESGR) Patriot Award for the company’s backing of employees serving in the National Guard and Reserve. ARS employee Christina Prado serves in the U.S. Army Reserves A Company 328th and submitted ARS as a nominee for the award. Prado was […] [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, recently announced the addition of three executives to bolster its sales and operations teams. Joining the sales force are Sarah Messmann, who has been appointed the new area vice president of sales for the company’s Western region, and […] [Read More]

The latest dealer survey orchestrated by KeyBanc Capital Markets showed participants ended up being evenly split when describing credit availability to their customers. According to the survey conducted in December, KeyBanc found that 50 percent said credit availability remained intact during the fourth quarter with the other 50 percent stating auto financing loosened. That availability […] [Read More]

In an interview here at the NADA Convention & Expo, Cars.com director of product marketing Brendan Dougherty brings up this bit of ecommerce irony. The Internet allows consumers to make purchases from places like Amazon without ever interacting with another human. However, it’s also somewhere where they can go to learn as much as possible […] [Read More]