In 2024, Group 1 Automotive went big into Britain, acquiring 59 dealerships — 54 of them in one mega-transaction — to more than double its U.K. presence. Now comes the hard part: integrating all those new stores into the company’s existing structure. Since the $439 million purchase of Inchcape Retail’s 54 locations in England and Wales closed Aug. 1, getting them on the same page as the 55 dealerships Group 1 previously owned in the U.K. has been ... [Read More]

Cox Automotive is launching a certification program designed to help its Manheim auction locations safely and effectively handle used electric vehicles. The Manheim Location EV Certification Program, developed and administered by Cox Automotive’s EV Battery Solutions team, offers three levels ... [Read More]

eBay has a new platform for buying and selling cars. The global e-commerce marketplace has closed on its acquisition of end-to-end online automotive transaction platform Caramel, a deal that was announced last month. Financial terms were not disclosed. eBay said ... [Read More]

With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]

The Toyota RAV4. Honda Civic. Honda CR-V. Toyota RAV4 Hybrid. Chevrolet Silverado 2500HD. Lexus RX. Ford Edge. Chevrolet Silverado 1500. What do these vehicles have in common, other than being popular rides? They were the top-selling Canadian-built vehicles in the ... [Read More]