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
Dealer news: MileOne teams with UTI to give student techs work experience; acquisitions in NH, NY
Thursday, Mar. 14, 2024, 03:40 PM
Auto Remarketing Staff
MileOne Autogroup has joined Universal Technical Institute’s early employment program for automotive technicians at the institute’s Exton, Pa. and Mooresville, N.C. campuses. Selected UTI-Exton and NASCAR Tech students enrolled in the automotive technology program can work 20-30 paid hours weekly as part of the early employment program. Participants who remain with MileOne after graduation will […] [Read More]
Service satisfaction up overall but EVs lag behind, JD Power study finds
Thursday, Mar. 14, 2024, 12:55 PM
Auto Remarketing Staff
Customer satisfaction with the dealer service experience is up, even as wait times for appointments and vehicle service continue to rise, according to the latest research from J.D. Power. The company’s 2024 U.S. Customer Service Index Study found overall customer satisfaction rose by five points on its 1,000-point scale, to 851. The study, in its […] [Read More]
Group 1’s growth continues with addition of Hilton Head dealership
Tuesday, Mar. 12, 2024, 12:29 PM
Auto Remarketing Staff
Group 1 Automotive has added another location to its collection — this one in the resort area of Hilton Head, S.C. The dealership group announced the acquisition of Modern Classic Motors, which includes Mercedes-Benz, Sprinter and Honda franchises. The acquisition, which gives Group 1 17 Mercedes-Benz franchises and 13 with Honda, is expected to generate […] [Read More]
Toyota brands sweep KBB’s Best Resale Value awards for third consecutive year
Monday, Mar. 11, 2024, 02:25 PM
Auto Remarketing Staff
Toyota Motor Corp. once again rules the roost when it comes to resale value, sweeping top honors in both brand categories of Kelley Blue Book’s 2024 Best Resale Value Awards for the third consecutive year. The automaker’s signature brand, Toyota, won the top prize of Best Resale Value: Brand, and its sibling, Lexus, again earned […] [Read More]
Nissan highlights 2 success stories from Vaden Automotive
Friday, Mar. 8, 2024, 02:48 PM
Auto Remarketing Staff
Coinciding with International Women’s Day, Nissan highlighted a pair of success stories on Friday from one of its franchised stores in the Southeast. One recapped the success within a family legacy, while the other highlighted the success of a salesperson originally from Central America, prompting her to say the car business “changed my life.” Nissan […] [Read More]
PODCAST: ARC’s Justin Osburn talks fixed ops, F&I and Disney World
Thursday, Mar. 7, 2024, 09:20 AM
Auto Remarketing Staff
Justin Osburn, founder and CEO of Automotive Reinsurance Concepts and SmartGroups: 20 Groups Reimagined, returns to the Auto Remarketing Podcast fresh off a SmartGroup meeting that included some of the nation’s largest independent dealers. Osburn talks with Cherokee Media Group associate editor Andrew Friedlander about areas those dealers focused on, including opportunities in fixed ops […] [Read More]
Cars.com honors top reputation dealers with Dealer of the Year Awards
Wednesday, Mar. 6, 2024, 03:14 PM
Auto Remarketing Staff
Car-shopping marketplace and dealer reputation site Cars.com named the winners of its annual Dealer of the Year Awards, honoring dealers based on average star rating, total number of reviews and the dealer’s response to those reviews. The company selected 987 winners from the more than 50,000 U.S. and Canadian auto dealers with profiles who had […] [Read More]
izmocars launches new platform for Spanish-speaking car shoppers
Wednesday, Mar. 6, 2024, 02:10 PM
Auto Remarketing Staff
A new online automotive marketplace is focusing on the large and growing Hispanic market. Autogozo.com, launched by digital auto sales technology provider izmocars, is a Spanish-language auto portal that seeks to bridge the gap between Hispanic car buyers and dealers. “With millions of Hispanic buyers actively searching for their next car, we recognized the urgent […] [Read More]
Dealership M&A: Koons store changes hands again; Knudtsen adds location in Spokane
Wednesday, Mar. 6, 2024, 09:22 AM
Auto Remarketing Staff
A recently sold dealership has changed hands once more. Koons Wilmington Lexus in Wilmington, Del., has been acquired by Maryland-based MileOne Autogroup, which purchased the store from Asbury Automotive Group, according to the Presidio Group, which represented the seller in the transaction. It was the second sale of the store in three months. Asbury took […] [Read More]
Karma acquires assets of connected vehicle software provider Airbiquity
Tuesday, Mar. 5, 2024, 03:12 PM
Andy Friedlander
Karma Automotive, a Southern California-based “ultra-luxury” electric vehicle manufacturer, has acquired the technology assets and IP of software company Airbiquity, based in Seattle. Karma said it has also hired Airbiquity’s key technical employees and assumed its OEM contracts. The acquisition gives Karma access to Airbiquity’s connected vehicle systems, including over-the-air updates, software development tools, data […] [Read More]