In 2012, Colin Li moved to Newark, N.J., from Hangzhou, China to study computer science with a career of goal of landing a computer programmer job with the likes of Microsoft or Google. Today, Li holds a master’s degree in computer science from the New Jersey Institute of Technology and is currently pursuing an MBA at New York University on a part-time basis. But his career path took a sharp turn ... [Read More]

Dalton Motors operates 50 auto dealerships in Mexico and three in the United States. But if you ask the company’s CEO Juan Carlos Rodriguez Villava about the Mexico dealerships, he will tell you he likes to think of his company in different terms. He elaborated on that as he talked about winning the International Dealer Group of the Year award, presented by Mach10 Automotive. The dealer group will be recognized at Used Car Week later this month. “We like the name, ‘international,’ but we like more the name North America,” said Villava, who works out of the company’s dealership group in National City in southwestern San Diego County, Calif. “I was born and raised proudly in Mexico, schooled here in the U.S., also have some school in Canada, so I personally feel like there’s no better region in the world than North America, for those three countries as a region.” He continues on that theme when asked to ... [Read More]

Delaware-based Winner Automotive Group added to its holdings in its home state with the acquisition of Diver Chevrolet in Wilmington from the Diver family. The dealership, now called Winner Chevrolet, becomes Winner’s sixth location in Delaware, joining Audi, Ford, Hyundai, Subaru and Volkswagen stores. Winner also operates Ford, Jaguar, Land Rover, Volvo, Porsche, Bentley, MG, […] [Read More]

Fleet owners in the Chicago area and northern Illinois can now get cash back when they buy pre-owned electric vehicles. ComEd, the area’s electric utility company, has extended its business and public-sector fleet EV rebate program to include used electric fleet vehicles and repowered battery electric vehicles as well, to help reduce the costs of […] [Read More]

The latest act in AutoNation’s longstanding initiative to support the fight against cancer is sure to have people dancing for joy. The nationwide auto retailer surprised former professional ballerina Anna Wassman-Cox, a two-time breast cancer survivor and founder of the nonprofit Onco-Ballet Foundation, with a $25,000 donation to support cancer patients and survivors through the […] [Read More]

Carvana is moving full speed ahead — and still accelerating. The online used-car retailer announced its financial results for the third quarter of 2024 this week, showing “record performance in virtually every key financial measure,” according to its letter to shareholders. Those measures include a net income of $148 million with a net income margin […] [Read More]

No dealership group has been more active in acquiring new locations than Group 1. So far in 2024, the Houston-based company has added nine new dealerships in the U.S., with acquisitions in Maryland, California and South Carolina that added an expected $1 billion in annual revenues. And it has exploded in the U.K., doubling its […] [Read More]

Ernestina Valdes was given a tremendous gift from a California car dealership. But it wasn’t best gift she received. Salinas Honda in Salinas, Calif., presented Valdes with a 2024 Honda Civic Sport Sedan as the winner of a raffle benefitting the American Cancer Society in conjunction with the organization’s Relay For Life of Salinas Valley. […] [Read More]

If you use Repair OnDemand’s BlueDriver vehicle diagnostic tool, you’re one in a million — quite literally. The auto repair technology provider announced this week it has sold its 1 millionth BlueDriver device in the retail space. The OBD2 diagnostic tool is designed specifically for consumers and do-it-yourself mechanics, as opposed to the commercial version […] [Read More]

Roger Penske is becoming a believer of that old saying: Less is more. With fewer used-car stores in his portfolio, the chairman and CEO of Penske Automotive Group is watching the profits from that sector grow. Indeed, while the company’s third quarter 2024 financial results showed sales of used vehicles from Penske-owned stores plummeted 12.5% […] [Read More]