Lucid Group has officially launched a certified pre-owned program, the electric vehicle maker said Monday. Lucid Recharged will include single-owner vehicles with less than 62,000 miles. These vehicles will undergo an inspection process that includes more than 160 points, then receive mechanical and cosmetic reconditioning with Lucid-only parts, as needed. The CPO vehicles include the […] [Read More]

This wasn’t the first year Jim Ellis Automotive Group has held its annual CPO Product Presentation Walk-Around competition. However, it was one of the best attended. In its ninth year, the event, held on Nov. 6, was dedicated to veterans, a cause that organizers said drew a sizeable crowd. What began as a walk-around competition […] [Read More]

In December 2022, Carvana’s stock plummeted to the depths amid talk of bankruptcy. Three years later, the online used-car retailer is being welcomed into the S&P 500, an announcement that’s driving its stock price to record levels. S&P Global said Friday that Carvana will be included in its index of 500 of the nation’s largest […] [Read More]

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]

HGreg’s Orlando dealership is now two dealerships. The Canada-based dealership group has opened its newest HGreg Lux pre-owned luxury car boutique — inside its existing flagship used-car store in Orlando, Fla. The dealership-within-a-dealership is the fifth HGreg Lux location, joining Miami, West Palm Beach and Pompano Beach in Florida and Costa Mesa, Calif. Like the […] [Read More]