NextGear Capital hosted a ribbon-cutting ceremony Monday to usher in an addition to its corporate campus in Carmel, Ind. The company has expanded its campus with a new building designed to help it accommodate ongoing growth, it says. [Read More]

Thirty-three dealerships have been honored as Center of Excellence sites by BMW of North America LLC. The company awards this recognition annually to its top performing dealerships in the nation, and said because of the outstanding work of the dealer network, BMW Group achieved its best sales ever in the U.S. in 2012. Of 338 […] [Read More]

AR: Talk a little about where you grew up. Weitzman: I was born in New York City, in Brooklyn, and then our family moved out to New Jersey when I was about 10 years old. Most of my growing up years were in central New Jersey near Princeton, which is in about the middle of […] [Read More]

Do you work with an exceptional female colleague? Know any leading ladies in the industry? The deadline for Women in Remarketing nominations is approaching, and Auto Remarketing wants you to help us honor the top women leaders in the industry. The April 15-30 print edition of Auto Remarketing will contain a special section designed to […] [Read More]

Late last week, Kelley Blue Book provided Auto Remarketing a list of the 25 most-researched used vehicles on KBB.com for February. Topping the list was the Honda Civic, followed by the Honda Accord, Toyota Camry, Toyota Corolla and BMW 3 Series in spots two through five, respectively. Honda and Toyota each had three used vehicles […] [Read More]

With new dealership acquisitions in the U.K. as well as purchase of one of Brazil’s largest auto retailers, a new board member appointment, and a Douthern hail storm that affected four of its New Orleans dealerships, news was streaming from Group 1 Automotive last week.  Unfortunately, the Feb. 24 hail storm was not the first […] [Read More]

General Motors Financial announced its 2012 Auction of the Year winner as part of the company’s nationwide Auction of Excellence program. For the fourth time, this top honor went to Rawls Auto Auction of Leesville, S.C. Since 2006, GM Financial named the Auction of the Year winner at its annual Auction Summit in Arlington, Texas. […] [Read More]

Larry H. Miller Dealerships announced a chief financial officer appointment late last week, as another dealer group launched a sales drive for the month of March. Dean Fitzpatrick, president of Larry H. Miller Dealerships, named  Rourk Kemp CFO for the dealership group. Kemp previously served as vice president of finance for Miller Automotive Operations. In […] [Read More]

BANDON, Ore. — It is appearing to be a successful tax season for dealers if the February data from CNW Research is any indication. CNW said the number of subprime buyers of used vehicles soared 53.2 percent in February versus the same month a year ago while purchasers with FICO scores below 550 is up […] [Read More]

CARMEL, Ind. — J.D. Byrider watched the fourth quarter become the largest growth period in the history of the buy-here, pay-here dealership chain. To generate $142.6 million in sales from October through December, the company turned a record number of vehicles during the fourth quarter, moving 12,054 units to bring the year-end total to 50,634. […] [Read More]