It was a quarter full of records for Sonic Automotive — an assertion that became clear when company management announced Q3 results on Wednesday. On top of scoring record Q3 income from continuing operations, new retail sales, fixed ops gross profit and more, the company also sold more used retail units in the quarter than […] [Read More]

Sheehy Auto Stores is encouraging shoppers and community members to join in its efforts to feed the needy throughout the Richmond, Va.; Baltimore and Washington, D.C. areas. The dealer group will collect canned goods and non-perishable food at its stores as part of the company’s annual Fall Food Drive. The drive will go through Nov. 12, […] [Read More]

On Wednesday morning, AutoNation announced that the dealer group has signed an agreement to acquire 12 stores, including 31 franchises, in six Texas markets from Allen Samuels Auto Group. Officials indicated the dozen stores located in the markets of Houston, Dallas-Fort Worth, Corpus Christi, Tyler, Ennis and Waco represent approximately $800 million in annual revenue […] [Read More]

PureCars has been purchased by Raycom Media, the privately owned broadcast company announced Tuesday. PureCars, an automotive digital advertising platform, is set to run as a separate entity within Raycom. It will keep its Atlanta development campus as well as its Charleston, S.C., and Milwaukee offices. Raycom Media operates 51 TV stations throughout the U.S. And […] [Read More]

In response to company growth, LeasePlan USA announced Tuesday it has hired a new vice president of client relations regional sales. Bringing over 18 years of professional fleet management experience to the role is George Hodge, who is now responsible for strategically guiding fleets to reduce costs and create efficiencies for a portfolio of accounts […] [Read More]

A week after venturing into the state capital, online vehicle retailer Carvana added another Texas market on Tuesday, officially launching in San Antonio. The addition of San Antonio to Carvana’s lineup bring the company’s total to eight U.S. markets, including: — Atlanta — Austin, Texas — Birmingham, Ala. — Dallas — Charlotte, N.C. — Houston […] [Read More]

Digital marketing intelligence company Netsertive announced Tuesday it has been selected to join Kia’s list of digital providers. The company is now one of six Kia Certified Website and Digital Advertising providers, a program that began in September at the Kia National Dealer Meeting in Las Vegas. “Digital advertising is an important focus of our […] [Read More]

Group 1 Automotive’s management was “particularly pleased” with one used-car metric seen throughout the retailer’s U.S. and international operations during the third quarter: same-store used-vehicle sales climbing double-digits. In the company’s statement announcing its Q3 earnings results, Group 1 president and chief executive officer Earl Hesterberg said: "We are delighted to announce an all-time quarterly revenue record of […] [Read More]

Dealers who handle older vehicles should take notice of today’s recall announcement from General Motors, which includes 125,785 sedans and coupes in Canada from model years 1997 to 2004 that may present a fire hazard. GM specified that the total number of affected vehicles in the U.S., Canada, Mexico and “exports” totals 1,411,332 units. Auto […] [Read More]

Dealers who handle older vehicles should take notice of a recall announcement from General Motors, which includes 1,283,340 sedans and coupes in the U.S. from model years 1997 to 2004. Auto Remarketing reached out to GM on Tuesday for comment, and the automaker replied with the following statement: General Motors is recalling 1,283,340 older sedans and coupes […] [Read More]