50 unique plate messages included in My Plates online auction in Texas
Tuesday, Nov. 12, 2024, 02:38 PM
Clay Cooley Auto Group buys Ford, CJDR stores in DFW area
Tuesday, Nov. 12, 2024, 10:38 AM
Dealers in NASCAR: Jimmie Johnson stars in Carvana ad; Zeigler-sponsored driver named Rookie of the Year
Monday, Nov. 11, 2024, 04:42 PM
Retail
Ford takes new ‘cinematic’ approach to dealer training
Tuesday, May. 7, 2024, 12:56 PM
Joe Overby, Senior Editor
Ford Motor Co. has gone Hollywood with its dealer training.
Last week, the automaker launched Ford University, a fully digital, video-based training platform that takes a “cinematic” and “storytelling” tactic to dealer training in a format designed to be personalized for each user.
Sort of like a streaming video platform ... [Read More]
PODCAST: Steve Levine tells chilling tale of the FTC CARS Rule
Monday, May. 6, 2024, 04:40 PM
Auto Remarketing Staff
Auto industry attorney Steve Levine, owner and chief legal and compliance officer of Ignite Consulting Partners, is not a scary guy. But he told a chilling tale in his session at the 2024 BHPH United Summit in Las Vegas, frightening the dealers in attendance with the gory details of the Federal Trade Commission’s proposed CARS […] [Read More]
Two Car Pros dealerships selected for Kia America President’s Club
Monday, May. 6, 2024, 02:26 PM
Auto Remarketing Staff
Car Pros Automotive Group again got a double dose of good news this week as two of its locations were selected among Kia America’s top 50 U.S. dealerships. Car Pros Kia Glendale and Car Pros Kia Moreno Valley have been named to Kia’s President’s Club, honoring the 50 dealerships among the brand’s network of 775 […] [Read More]
Group 1 credits technology for decent Q1 used sales and margins
Monday, May. 6, 2024, 02:23 PM
Alysha Webb, Correspondent
Group 1 Automotive’s first quarter used-vehicle sales were not bad given used-car price volatility in recent times. Its executives credited using technology in part for the results.
“Given the speed and depth that the industry used car valuations declined in the U.S., during the latter half of 2023, we are pleased with ... [Read More]
Napleton again leads dealer groups in responding to internet leads
Monday, May. 6, 2024, 02:05 PM
Auto Remarketing Staff
Some things never change. One of those, it seems, is Napleton Auto Group’s position as the dealership group most responsive to internet leads. Pied Piper’s 2024 PSI Internet Lead Effectiveness Study, which measures responsiveness to internet leads coming though dealer websites, shows Napleton at the top of the list for the third consecutive year by […] [Read More]
Rivian gets $827M from Illinois to prepare plant for production of new R2 SUV
Friday, May. 3, 2024, 12:50 PM
Auto Remarketing Staff
Electric vehicle manufacturer Rivian Automotive has received an $827 million incentive package from the Illinois Department of Commerce and Economic Opportunity, which the company said will allow it expand operations at its plant in Normal, Ill. Rivian said the funds will also go toward improvements in public infrastructure and job training programs for Rivian’s workforce […] [Read More]
Dealer news: Huffines celebrates 100th anniversary; Fairway Ford adds GM store
Friday, May. 3, 2024, 11:48 AM
Auto Remarketing Staff
Huffines Auto Dealerships is taking to the streets to celebrate its 100th anniversary. The dealership group, which operates 10 locations in the Dallas-Fort Worth area, was founded May 5, 1924, when J.L. Huffines Sr. first opened Huffines Motor Company in Denton, Texas, selling Willys-Knight and Overland automobiles. In honor of that event, the family-owned and […] [Read More]
J.D. Power study shows aftermarket service providers continue to gain ground on franchised dealerships
Thursday, May. 2, 2024, 03:02 PM
Auto Remarketing Staff
While the service departments at franchised dealership appear to still be more trustworthy, the J.D. Power 2024 U.S. Aftermarket Service Index (ASI) Study showed how the competition for business is getting even more intense. J.D. Power pointed out that customers are finding it easier to do business with aftermarket service providers due to no-appointment drive-in […] [Read More]
Fisker adds six locations to its new dealership model
Thursday, May. 2, 2024, 12:16 PM
Auto Remarketing Staff
Fisker’s drive toward a dealership model in the U.S. continues. The electric vehicle manufacturer said it has signed agreements with six new dealer partners for dealerships in California, Missouri and Pennsylvania, and a distributorship in the U.S. territory of Guam. Three of the new stores — LA Fisker and West Covina Fisker in Los Angeles […] [Read More]
Dealer news: Group 1 upsizes credit facility; Don Jacobs adds Acura store
Wednesday, May. 1, 2024, 04:42 PM
Auto Remarketing Staff
Group 1 Automotive has completed a $500 million increase in its revolving syndicated credit facility. The giant dealer group, which owns and operates 203 dealerships in the U.S. and U.K., now has a total credit facility of $2.5 billion with 20 financial institutions that will expire in March 2027 and can be expanded to $3 […] [Read More]