In late February 2022, Carvana got into the brick-and-mortar auto auction business by announcing it would acquire the U.S. business of ADESA. To close February 2025, Carvana made a move into the brick-and-mortar dealership space. Multiple news outlets, including the Phoenix Business Journal and Automotive News, were reporting late Friday afternoon that Carvana has acquired […] [Read More]

In the fourth quarter, Lithia & Driveway’s sales of “value” used vehicles — described by the retailer as having over 80,000 miles on their odometers — grew 24.6% year-over-year and its sales of certified used vehicles “improved,” said the company’s chief operating officer, Adam Chamberlain. But same-store used vehicle sales declined 4.3% in the company’s fourth quarter that ended Dec. 31, compared to the year-ago quarter and declined 4% in the full 2024 year, compared to the full 2023 year. “We have to be ... [Read More]

In March, Auto Remarketing releases its annual “Best CPO Dealers” issue, presented by Cars Commerce, which provides a brand-by-brand ranking of the top dealers for certified pre-owned vehicle sales at 14 automakers. We have been previewing this issue by sharing the individual automakers’ respective top 10 lists. All rankings are provided by the automakers. The preview concludes […] [Read More]

In March, Auto Remarketing releases its annual “Best CPO Dealers” issue, presented by Cars Commerce, which provides a brand-by-brand ranking of the top dealers for certified pre-owned vehicle sales at 14 automakers. For the remainder of February, we will be previewing this issue by sharing the individual automakers’ respective top 10 lists. All rankings are provided by […] [Read More]

In a move effective immediately, Cars Commerce announced on Thursday the appointment of Lisa Gosselin as its chief commercial officer, succeeding Doug Miller. The company highlighted Gosselin brings more than 25 years of commercial leadership experience within SaaS, adtech and data across key verticals including retail and automotive. Cars Commerce said the move helps accelerate […] [Read More]

In March, Auto Remarketing releases its annual “Best CPO Dealers” issue, presented by Cars Commerce, which provides a brand-by-brand ranking of the top dealers for certified pre-owned vehicle sales at 14 automakers. For the remainder of February, we will be previewing this issue by sharing the individual automakers’ respective top 10 lists. All rankings are provided by […] [Read More]

The California New Car Dealers Association has selected the Dave Cantin Group as the association’s exclusive licensed vendor in the mergers and acquisitions advisory category for 2025. DCG president and CEO Dave Cantin called the timing of the partnership “significant,” noting the recent release of the 2025 Dave Cantin Group Market Outlook Report and CNCDA’s […] [Read More]