With a fleet of 200 Jeep Renegades, mobility services company Free2Move will provide its carsharing services to the greater Portland, Ore., area. The company said the Portland announcement reflects growth, including a 40% increase in overall car sharing activity during the second half of last year. Free2Move, with a presence in 170 countries and 1.2 million […] [Read More]

Penske Automotive Group said Tuesday it has rebranded its standalone used-car store program in the U.S. to create one global brand for all of its used-vehicle SuperCenters. More specifically, the six CarSense stores in the U.S. are rebranded as CarShop locations, matching Penske’s existing 11 CarShop stores in the U.K. “With this name change, we are […] [Read More]

The CarGurus consumer sentiment study focused on auto finance found a significant portion of participants said that receiving pre-qualification for financing before visiting the dealership would be useful. In fact, the study results released on Tuesday showed that 93% of vehicle shoppers agreed with that sentiment. However, consumer perception about the availability and the eventual finalization […] [Read More]

Bubble talk in March is not limited to just discussions about which teams will qualify for the major college basketball tournaments. The term surfaced when Epiq and the American Bankruptcy Institute (ABI) reviewed February filings and looked ahead to what the bankruptcy landscape might be later this year. Epiq reported its February bankruptcy filing statistics […] [Read More]

Kelley Blue Book’s parent company Cox Enterprises recently expanded its longstanding relationship supporting Girls Inc., a nonprofit that inspires girls to be strong, smart, and bold. To celebrate Women’s History Month, Kelley Blue Book worked with Charitable Adult Rides & Services — or CARS — to launch a campaign helping Girls Inc. and other nonprofits […] [Read More]

A recent auto dealership study looked at the question, “How often did the brand’s dealerships email or text an answer to a website customer’s question within 30 minutes?” Infiniti, Volvo, Subaru, Acura and Jaguar accomplished that feat more than 45% of the time on average. Overall, the 2021 Pied Piper PSI Internet Lead Effectiveness Benchmarking Study […] [Read More]

For the first time in more than 15 years, there is a new public franchised dealership group. LMP Automotive Holdings — an ecommerce and facilities-based auto retailer whose stock is already publicly traded on NASDAQ — closed on the first wave of its dealership acquisitions Friday, including three pre-owned stores. Included in stage 1 acquisitions […] [Read More]

Minnesota Mitsubishi dealer Richard Herod III likes what the automaker is doing through ClickShop, an online showroom powered by digital retailing solutions provider Motoinsight. Mitsubishi Motors North America explained that ClickShop is a custom, 24-hour digital showroom for consumers to shop across Mitsubishi’s entire dealer network. ClickShop can allow customers to browse real-time inventory at nearby dealers, […] [Read More]

With its co-founder and chief executive officer calling it a “meaningful milestone in our ambitious growth plan,” CarLotz expects to open its first Tennessee hub by the end of the month. The Nashville-area hub is located at 1821 Gallatin Pike N. in Madison, Tenn. For CarLotz, a consignment-to-retail used-vehicle marketplace, It marks the ninth Southeast […] [Read More]

Laurie Halter, owner of the Charisma! auto industry public relations firm and host of the "Carearing" podcast, and Cherokee Media Group director of meetings & events Marilu McQuilkin join the Auto Remarketing Podcast. They talk with Auto Remarketing senior editor Joe Overby about diversity and inclusion in automotive, mentorship and whether the auto industry has made progress […] [Read More]