Group 1 used GPU took a dive in 2025 but CEO sees sunnier skies in 2026
Friday, Feb. 20, 2026, 04:57 PM
Dealer news: NYC dealers deliver warmth to community; E1T1 adds first luxury dealership
Thursday, Feb. 19, 2026, 01:03 PM
Entrepreneur, former dealer Young joins HiveAuto’s board as strategic advisor
Wednesday, Feb. 18, 2026, 03:36 PM
Retail
COMMENTARY: Take a Strategic Pit Stop for valuable perspective at your busy dealership
Monday, Feb. 16, 2026, 03:46 PM
Ryan Jennings, ARC
Henry Ford said, “Thinking is the hardest work there is, which is probably the reason so few engage in it.” The modern automotive dealership moves at a relentless pace. Every day is a race against the clock with a frustrated service customer demanding help, a sales manager asking for support on the current complex deal, […] [Read More]
Penske addresses 2025 obstacles, 2026 optimism
Monday, Feb. 16, 2026, 03:32 PM
Daryl Lubinsky, Correspondent
Penske Automotive persevered through a challenging fourth quarter of 2025, and the company’s used-vehicle business was no exception. “Used-vehicle sales continue to be constrained by fewer lease returns and affordability,” said Rich Shearing, North American operations officer for Penske Automotive Group. Shearing made that comment during Penske’s fourth quarter 2025 earnings call last week. He […] [Read More]
Groundbreaking news: Park Place begins construction of Porsche, Volvo facilities
Monday, Feb. 16, 2026, 03:06 PM
Auto Remarketing Staff
Asbury Automotive Group’s Park Place Dealerships has some groundbreaking news. The company announced it has broken ground on a new facility in Dallas that will include a Porsche dealership and a Volvo service facility. The 15-acre site, which Park Place purchased in December 2024, will be the new home of Park Place Porsche, which currently […] [Read More]
Dealer news: Genesis stands alone at 9 new stores; acquisitions in Colorado, Ohio, Texas
Friday, Feb. 13, 2026, 03:08 PM
Auto Remarketing Staff
And Genesis said: Let there be more dealerships. Genesis, the luxury brand of Hyundai Motor Group, announced it has created nine new standalone retail facilities, which are now open from coast to coast. The new franchises, all owned by different entities, raise Genesis’ dealership network to 84 dedicated U.S. locations. The new stores are: Dealership […] [Read More]
COMMENTARY: Understanding what really drives dealership marketing performance
Friday, Feb. 13, 2026, 01:48 PM
Jon Karasek, Mach10 Automotive
Digital marketing has become one of the more complicated operational functions in automotive dealership operations. Over the last decade, the number of platforms, data sources, and consumer touchpoints has expanded significantly, while clarity around performance has often moved in the opposite direction. Dealers are regularly presented with detailed reports that highlight activity but stop short […] [Read More]
Uber for Business, Mazda partner to help dealers deliver stronger customer service
Friday, Feb. 13, 2026, 01:33 PM
Joe Overby, Senior Editor
Mazda dealers have a new way to offer their customers a pick-me-up. On Thursday, Uber for Business announced a partnership with Mazda North American Operation that allows the automaker’s dealers to provide courtesy rides through Uber’s platform. The program is being rolled out to Mazda dealers in the U.S., who can now utilize Uber’s network […] [Read More]
CarMax names new president, CEO
Thursday, Feb. 12, 2026, 01:25 PM
Auto Remarketing Staff
CarMax will have a new president and CEO next month. The used-car retailer announced Thursday that former InterContinental Hotels Group CEO Keith Barr has been appointed to the role, which he will begin on March 16. Barr will also join CarMax’s board. David McCreight, who is current interim president and CEO, will move back to […] [Read More]
Used-car sales boost Lithia’s Q4 results as new-vehicle sales sag
Thursday, Feb. 12, 2026, 12:14 PM
Alysha Webb, Correspondent
Strong used-vehicle sales saved Lithia & Driveway's otherwise somewhat disappointing fourth quarter results. And while used profits per unit were stagnant, Lithia sees considerable room to improve in that area. Older cars are the key. “I think there's a stage and an evolution that occurs in selling used cars, that I think we've got the […] [Read More]
Dealer news: Longtime dealer drops Mitsubishi; AutoNation, Swickard work to help children and dogs; dealerships sold in Conn., NY
Wednesday, Feb. 11, 2026, 04:27 PM
Auto Remarketing Staff
A longtime Mitsubishi dealership is walking away from the brand. Porcaro Automotive in Wisconsin’s Racine-Kenosha area announced it is no longer representing Mitsubishi, ending a relationship with the automaker that dates to 1999. General manager Dan Hoppenjan said the decision was “driven by circumstances beyond the dealership’s control” and reflects Mitsubishi’s “well-documented struggles” in the […] [Read More]
TraXtion named Core Preferred Partner by Lithia
Wednesday, Feb. 11, 2026, 12:42 PM
Auto Remarketing Staff
TraXtion’s new leader has recorded his first win. In its first announcement since Brad Kokesh was promoted to president and CEO two weeks earlier, the company said it has been selected as a Core Preferred Partner by Lithia and Driveway, which operates more than 450 locations in the U.S., Canada and the U.K. As part […] [Read More]
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