For many general managers, running a dealership feels like the pinnacle of a career in automotive retail. You’re steering sales and service, balancing gross margin against expenses, and managing a team while keeping customers satisfied. But for those with bigger ambitions, there’s another step: ownership. Becoming a dealer principal is a defining leap. Your operational […] [Read More]

Cars Commerce has added a veteran software engineer as its chief technology officer. The company said Cormac Twomey, who takes over effective Dec. 10, will be responsible for speeding innovation, scaling the technology platform, driving the company’s ascent in artificial intelligence and enabling automotive retail and wholesale. “Under his leadership, we will enhance our technological […] [Read More]

The nationwide shortage of automotive technicians has been an ongoing issue in the industry for years. So auto industry training platform RockED and communication technology provider TruVideo are teaming up to do something about it. The companies have partnered to bring a video inspection training and certification program to automotive schools and colleges throughout the […] [Read More]

2Autogroup’s rapid expansion continues with its acquisition of Brookshire Hyundai from Bolton Automotive, a transaction announced by Pinnacle Mergers & Acquisitions, which represented the seller. The dealership in the Houston area is the first in Texas for 2Autogroup, which has emerged from its home base in Colorado with the addition of four stores in three […] [Read More]

Kia North Danvers is going green for its one-year anniversary. The dealership in Danvers, Mass., celebrated its first year in operation by installing solar panels to reduce its carbon footprint and promote clean energy. “This amazing community has welcomed us with open arms, and we’re excited to give back,” general manager Bryan Laskin said, “not […] [Read More]

CarMax is ready to go the extra mile to acquire inventory. All the way to the seller’s front door. The national used-car retailer is now offering at-home pickup service, allowing consumers nationwide to sell their vehicle without leaving their home or office. The company also introduced Offer Watch, a new tool that helps customers track […] [Read More]

Nick Saban has scored again. The former football coach, whose resume includes six national championships with Alabama and another at LSU, has joined with his Dream Motor Group partners Joe Agresti and Steve Cannon to acquire Toyota of Montgomery and Lexus of Montgomery in Montgomery, Ala., from Brett Sutherlin’s Sutherlin Automotive Group in a deal […] [Read More]