Retail
Used-car results of public retailers exemplify ‘divergence’
Joe Overby, Senior Editor
They may have faced similarly challenging environments in the second quarter, but the six publicly traded dealership groups had earnings results that “varied wildly,” according to the Q2 2026 Public Auto Retailer Results analysis from The Presidio Group. And while the report delves into the wide spectrum of operational results, “one of the clearest examples of divergence” […] [Read More]
NICB reiterates recommendations to avoid flood-damaged vehicles
Auto Remarketing Staff
While aiming its message primarily at consumers, dealerships might be able to glean some value from the reminder issued by the National Insurance Crime Bureau (NICB) about the pitfalls of flood-damaged vehicles. The insurance industry’s association share the message on Thursday as storms and severe flooding continue to impact communities across the United States. Plus, […] [Read More]
Cox Automotive dealer survey: 82% use AI but ‘still early in the journey’
Auto Remarketing Staff
Brian Wieland, who is senior director of used vehicles at Van Horn Auto Group, might have summarized dealerships’ necessary journey from dot matrix printers in the finance office to tools based on artificial intelligence. “AI is no longer something we are testing. It has become part of how we operate every day,” Wieland said in […] [Read More]
Dealer group news: Group 1 adds to board & latest update from Penske
Auto Remarketing Staff
Group 1 Automotive has named a new director to its board, appointing former Ulta Beauty CEO David Kimbell to the post. The Houston-based auto retailer now has 10 directors on its board. Kimbell will serve on its audit committee. “We are excited to welcome David to our board,” said Charles Szews, Group 1’s non-executive chair […] [Read More]
CarGurus spotlights ‘Top Dealer Awards’ for US, UK and Canada
Auto Remarketing Staff
CarGurus announced its 2026 Top Dealer Awards honorees on Tuesday, spotlighting the most trustworthy dealerships throughout the U.S., U.K. and Canada. The honorees are those stores that “consistently earn shoppers’ trust through exceptional service, competitive value, and transparent experiences,” the company said. CarGurus determines Top Dealer Award winners through verified customer reviews and its own […] [Read More]
Amazon Autos adds LaFontaine Automotive Group
Auto Remarketing Staff
“The future of automotive retail,” says LaFontaine Automotive Group CEO Ryan LaFontaine, “is about meeting customers wherever they choose to shop while delivering an experience built on trust, transparency, and convenience.” And the dealer group is now meeting those customers on Amazon Autos. The Michigan-based retailer said Friday that its 40-plus dealerships have joined the […] [Read More]
Dealer group news: EchoPark’s new spot in North Houston; Great Lakes supports ‘Evening of Impact’
Auto Remarketing Staff
EchoPark Automotive, which is Sonic Automotive’s chain of standalone used-car stores, said Thursday it has relocated its North Houston dealership. EchoPark recently opened a new state-of-the-art facility at 18310 North Freeway in Houston, a move that broadens the retailer’s footprint “in one of the region’s fastest-growing communities, bringing its signature car-buying experience closer to residents […] [Read More]
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