Retail
Hertz Car Sales adds 100K-mile powertrain warranty
Auto Remarketing Staff
The average age of vehicles has reached a record high, as consumers keep their rides longer. All while ownership and operating costs soar. So, Hertz Car Sales has responded, launching 100K Mile Protection. The protection includes a three-year/100,000-mile powertrain limited warranty on eligible vehicles at no additional charge. Eligible vehicles are “generally defined” as vehicles […] [Read More]
Dealer group news: Healey group drives toward $100K in donations; More M&A in Texas
Auto Remarketing Staff
Healey Brothers Automotive Group has set par at $100,000. That’s the amount in donations the New York state-based dealer group is driving towards when it hosts its Fifth Annual Golf Outing on Oct. 2 to support Make-A-Wish Hudson Valley. Should the group’s Driven to Give Foundation meet that goal, it would be enough to grant […] [Read More]
California dealers team up with ASE to help facilitate technician growth
Auto Remarketing Staff
The California New Car Dealers Association Foundation has partnered with ASE Connects to help dealerships in the Golden State cultivate relationships with schools and students that are building the foundation of the automotive technician workforce. ASE Connects, part of the National Institute for Automotive Service Excellence, is a network of shops, dealerships, instructors and students […] [Read More]
Lithia hires ex-Toyota Financial Services CEO as operations president
Auto Remarketing Staff
Lithia & Driveway has hired the former president and CEO of Toyota Financial Services, Scott Cooke, as an operations president. In a news release Tuesday, Lithia said Cooke will head up performance across the Southeastern and South Central store operations, Driveway Finance Corp. and F&I operations. “Scott is a perfect cultural fit and proven leader […] [Read More]
Dealer group news: M&A + service drive growth in Texas, plus new Genesis store in Calif.
Auto Remarketing Staff
“Vaughan” has added a “Vaughn” to the family. Boerne, Texas-based Vaughan Automotive, led by Shawn Vaughan, has acquired Tommie Vaughn Ford in the Houston area. (To recap: Same state, but slightly different spellings of similar last names.) The deal was announced by Kerrigan Advisors, who advised the Janke family, which was the seller in the […] [Read More]
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 widely,” 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]
Dealer group news: M&A + automotive technician training in California
Auto Remarketing Staff
Sutherlin Automotive Group has acquired the top Kia dealership in Orange County, Calif.: Car Pros Kia Huntington Beach. The sale was announced by Kerrigan Advisors, which advised the seller, Car Pros Automotive Group, in the transaction. In addition to being the automaker’s No. 1 store in Orange County last year, Car Pros Huntington Beach was […] [Read More]
Dealer group news: M&A in Va., GNYADA receives trade association honors
Auto Remarketing Staff
Charlie Obaugh Auto Group has added its first Ford dealership. The Virginia-based, family-owned dealer group has acquired Campus Ford in Waynesboro, Va., from Matt McMurray, according to a news release from Performance Brokerage Services, which was the buy-side advisor on the sale. Campus Ford is the Obaugh group’s sixth franchised dealership and its first Ford […] [Read More]
Illinois Ford dealer receives 2026 Ally Sees Her Award
Auto Remarketing Staff
This week’s 46th annual National Association of Minority Automobile Dealers (NAMAD) Conference wrapped up with Ally Financial announcing the winner of the 2026 Ally Sees Her Award. The honor, presented by Ally and NAMAD annually to recognize significant achievements of women of color within the automotive retail industry and their community impact, went to Kenady […] [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]
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