Four automotive companies were selected by U.S. News & World Report for its latest list of Best Companies to Work For. Cars.com Inc., d/b/a Cars Commerce, on the list for the second consecutive year, was joined by CarGurus, Credit Acceptance and Penske Automotive from the auto industry. The magazine said the 300 companies on its […] [Read More]

Lithia & Driveway’s massive portfolio continues to grow. The giant dealership group added three more locations this week with its acquisition of Sunrise Auto Group in the Memphis, Tenn., area, and Woodbridge Hyundai in the Toronto area. Sunrise Auto includes Sunrise Buick GMC at Wolfchase in Memphis and Sunrise Chevrolet Buick GMC at Collierville in […] [Read More]

On Monday, Fixed Ops Roundtable announced the addition of 17 dealerships to the Fixed Ops Roundtable Certified Program, which is designed to recognize and showcase dealerships that demonstrate exceptional performance in employee culture, customer experience, and the implementation of innovative best practices and technology solutions. The honoree list for 2024-2025 includes these dealerships: —Jim Ellis […] [Read More]

Here’s another benefit of being a member of the National Automobile Dealers Association. On Tuesday, NADA and data management services company Authenticom announced a secure platform for dealerships to syndicate their data among vendors, customers and manufacturers. The association said NADA Vault is a tool available to member dealers at no cost. Using Authenticom’s DealerVault […] [Read More]

Keys Inc. is preparing to launch its latest system to connect the locksmith and dealership industries next month at the ALOA Security Expo 2024 in Las Vegas. The company said its new Keys Dealer DMS Queue is designed to streamline key management and enhance operational efficiency for dealerships by integrating with DMS providers to handle […] [Read More]

Morgan Auto Group has added another high-performing Florida dealership to its portfolio in a record-setting purchase. The dealership group acquired Hollywood Kia in Hollywood, Fla., from Joe Levy and Steve Gutstein, according to Haig Partners, which represented the seller in the transaction. In a news release, Haig, citing Kia executives, said the sale represented the […] [Read More]

A new outdoor music venue under construction in Colorado Springs, Colo., will carry the Ford name, thanks to Colorado Ford dealers. The Ford Amphitheater, previously known as known as The Sunset, is set to hold its grand opening Aug. 9-11. It is owned by live entertainment and hospitality company Venu Holding Corporation and will be […] [Read More]

A Canadian dealership group is moving into the tropics. Steve Marshall Group, based in British Columbia, has purchased its first U.S. dealerships with the acquisition of Orchid Isle Auto Center in Hawaii, according to Performance Brokerage Services, which brokered the sale. Orchid Isle Auto Center, which had been family-owned and operated for more than 40 […] [Read More]

Hudson Cook partner Patty Covington acknowledged the difficult balance dealerships must make with their advertising campaigns. They must create something that catches the attention of potential buyers while remaining compliant with state and federal regulations. To help dealers of all sizes, Covington appeared on this episode of the Auto Remarketing Podcast to share some suggestions. […] [Read More]

Throughout most of its 78-year history, the annual membership meeting at the National Independent Automobile Dealers Association Convention has been a pretty innocuous affair, including discussions about bylaws, recognition of the previous year’s officers and an election that has usually been a foregone conclusion. This year, though, is likely to be different. When the meeting […] [Read More]