Retail

Mach10 Automotive, an industry firm offering advisory services including dealer operations improvement and succession planning, announced the hiring of Carsten Preisz as chief marketing officer. Mach10 said Preisz will lead the marketing function including its branding and PR initiatives, as well as support the sales department in its efforts to develop new business opportunities. “We […] [Read More]

McGovern Auto Group has gone big into the collision repair space. The dealership group, which operates 29 locations in Massachusetts, New York and New Hampshire, has opened a body shop it said is the largest in the Northeast and the largest dealer-owned collision center in the U.S. MAG Collision Center in Shrewsbury, Mass., is a […] [Read More]

Auto recalls rose sharply in the first quarter of 2024, according to the inaugural Recall Report compiled by customer retention platform BizzyCar. Using data from the Department of Transportation and the National Highway Traffic Safety Administration, BizzyCar found there were 105 recalls issued in Q1, affecting some 9.7 million vehicles. The company said the recalls […] [Read More]

In a new series of the Auto Remarketing Podcast, Cherokee Media Group interviews “Dealer Entrepreneurs” — auto retail leaders, who in addition to their roles at dealerships, have also launched outside companies/startups in the automotive space. Kicking off this series is a conversation with Ryan Maher, who is the founder of BizzyCar, which provides a […] [Read More]

Michigan-based Victory Automotive Group has acquired Metro Toyota in Brook Park, Ohio, from Jerry Schneider, his sons Ken and Dan Schneider, and brothers Barry and Jim Greenfield, according to the Tim Lamb Group, which brokered the deal. The dealership, which will be renamed Victory Toyota of Brook Park, is the 11th Toyota store in Victory’s […] [Read More]

To recognize the dealers leading the certified pre-owned car business, Auto Remarketing presents our annual special issue honoring “The Best CPO Dealers in the USA,” which is presented by Cars Commerce. We reached out to a multitude of automakers and requested their respective top 10 certified dealer lists based on full-year 2023 sales. We hope these rankings and data […] [Read More]

Cars.com wants you to know what your car is worth. The car-shopping marketplace has launched Your Garage, a tool designed to give car owners the ability to track the value of their vehicle over time. Your Garage integrates vehicle valuations and real-time market-driven data, Cars.com said, giving consumers greater visibility and liquidity so they can […] [Read More]

Global automotive services company Holman announced it has brought former bank executive Aarthi Murali on board as executive vice president for service excellence. The company said Murali will be responsible for leading its commercial client relations strategy and customer service efforts throughout North America, as well as overseeing its account management and client relations teams. […] [Read More]

Bonfires, s’mores, archery lessons, canoe trips, karaoke. These are not normal features of an automotive leadership conference. But they are some of the out-of-the-box experiences that an attendee at the DealerKnows Summer Camp (DKSC) can expect. We all know that conferences are valuable to get people together, share ideas, network, learn, make deals, close deals […] [Read More]

The average U.S. auto dealership’s profits are down as the industry continues to “normalize” from pandemic-era highs, according to The Presidio Group’s latest quarterly report. Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends for the fourth quarter of 2023 followed the publication’s debut in December, which focused on the decline from the […] [Read More]