The chief executive officer of the Larry H. Miller Group of Companies announced this week he is stepping down to pursue personal interests. Greg Miller has led the company for seven years. Greg Miller said, “This is the right move for me personally, for my family and for the business. It has been a privilege […] [Read More]

Manheim Pennsylvania will host its fourth annual Xtreme Spring Sale on Thursday and Friday this week. The two-day event will feature more than 13,000 vehicles, starting with Manheim’s 100 Grander Sale on Thursday. Like its name suggests, the event will have over 400 high-end exotic vehicles, including Corvettes, classic cars, muscle cars and motorcycles. The […] [Read More]

AuctionACCESS broadened its floor plan network on Tuesday, adding Floorplan Xpress to the mix. Officials indicated this integration will allow auctions to view updated floor plan availability and originate floor plan transactions with Floorplan Xpress all at the click of a button. “Floorplan Xpress is a significant addition for our floor plan network,” said Charlie […] [Read More]

The New Jersey Auto Retailers Unite program, which experienced a successful campaign last year, continues again this year between the months of June and October. The group of franchised auto retailers from the Garden State will again partner with The Valerie Fund to raise funds for children with cancer and blood disorders. Franchises within the […] [Read More]

Consumers who shop for certified pre-owned vehicles may have unique needs in a vehicle that are different from those of shoppers looking for a new or non-certified used vehicle. So as part of our annual “Best CPO Dealers in the United States” special edition this winter, we reached out to top dealerships — Lincoln stores, […] [Read More]

A CPO vehicle often serves as an entry-point into a particular brand — for those shoppers looking to secure a particular nameplate, without doling out what it takes to buy new. And this rings particularly true for luxury automakers. Perhaps this trend, as well as OEM investment, played a role in the results of Autotrader’s […] [Read More]

The Council of Repossession Professionals (CORP) used last week’s North American Repossessors Summit to establish the six conditions that constitute a voluntary repossession in an effort to streamline guidelines for the industry. CORP, which is made up of two representatives from nine trade groups, indicated these six voluntary repossession elements include: 1. The repossession agency is […] [Read More]

Count Lexus among the handful of brands posting best-ever years for certified pre-owned sales in 2014. And count on this: Lexus has its sights set on another record year in 2015. With 6,049 CPO sales last month — its best-ever February — Lexus has now recorded seven straight monthly certified sales records, said Paul Rohovsky, […] [Read More]

Here’s a statistic from Mercedes-Benz Financial Services to consider when thinking about how times have changed in the wholesale market. The fourth quarter of 2014 marked the first time that Mercedes-Benz Financial sales through its MBonDemand online wholesale portal have exceeded its sales in the auction lanes, said Sherry Keltner, the manager of online sales […] [Read More]

Asbury Automotive Group has revealed its most recent plan to cull the shortage of automotive technicians at the company. The auto group says it plans to hire between 200 and 400 technicians over the next year or two.            The dealership group says it has opportunities to expand its quick service […] [Read More]