Report: Used commercial vehicle sales sagging as new sales soar
Wednesday, Jan. 29, 2025, 02:47 PM
Dealer news: Indiana’s Farabaugh named TIME Dealer of the Year; Lithia makes another acquisition
Tuesday, Jan. 28, 2025, 04:42 PM
Dave Cantin Group shakes up leadership team to ‘staff up’ for ‘milestone’ 2025
Tuesday, Jan. 28, 2025, 03:04 PM
Retail
Carvana spreads same-day delivery into new markets in South, Midwest
Monday, Dec. 11, 2023, 02:29 PM
Auto Remarketing Staff
Carvana’s same-day delivery service is growing again. The nation’s largest online used car retailer has introduced its same-day delivery service into new markets in the South and Midwest over the past month. In November, Carvana introduced the service in the Atlanta, Dallas-Fort Worth, Tampa and Orlando areas. Monday, the company announced it has added same-day […] [Read More]
Penske purchase expands presence in UK
Monday, Dec. 11, 2023, 02:00 PM
Auto Remarketing Staff
Penske Automotive Group’s presence in the U.K. widened considerably Monday with an agreement to acquire Rybrook Group Limited. The acquisition includes Rybrook’s 15 premium-brand dealerships in the U.K.: four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Three of the BMW locations also retail BMW Motorrad motorcycles. […] [Read More]
Carvana impresses investors with recon capabilities
Friday, Dec. 8, 2023, 12:55 PM
Auto Remarketing Staff
Carvana hosted institutional investors and analysts for a tour of its Inspection and Reconditioning Center (IRC) in Haines City, Fla. And according to Carvana’s recap of the festivities, the investment community liked what it saw. The online used-vehicle retailer said the event on Nov. 30 provided a real-time look at the company’s operational efficiency gains, […] [Read More]
Rashida Jones takes the stage as Mitsubishi’s first U.S. brand spokesperson
Friday, Dec. 8, 2023, 12:24 PM
Auto Remarketing Staff
Whether she’s dishing out deadpan as quippy salesperson turned regional manager Karen Filippelli or balancing out her high-energy BFF Leslie Knope as cool, calm Ann Perkins, Rashida Jones can deliver a performance with confidence. Her new role? Helping inspire that same confidence for Mitsubishi customers. The actress, director, producer and writer best known for her […] [Read More]
Top 10 states fueling double-digit rise in odometer rollbacks
Thursday, Dec. 7, 2023, 11:25 AM
Auto Remarketing Staff
CARFAX cautioned consumers and the automotive industry about the double-digit in rise odometer rollbacks nationwide since 2021. The vehicle history provider reported this week that roughly 2.1 million vehicles currently in operation have had their odometer rolled back. That’s up 14% or an additional 300,000 vehicles in the past two years. CARFAX calculated consumers lose […] [Read More]
Mercedes, Carvana team up with sports organizations
Wednesday, Dec. 6, 2023, 03:42 PM
Auto Remarketing Staff
Mercedes-Benz USA and Atlanta Falcons defensive tackle Grady Jarrett shared some love — and shoes — this week. The automaker and its brand ambassador handed out brand new shoes to students at Atlanta’s Michael R. Hollis Innovation Academy as part of MBUSA’s Holiday Love Celebration giveback. The company teamed up with Shoes That Fit, a […] [Read More]
Dealer news: NADA supports push to stop EPA EV mandates; plus M&A move in Pa.
Wednesday, Dec. 6, 2023, 01:41 PM
Auto Remarketing Staff
The National Automobile Dealers Association commended legislators who signed a letter urging House Speaker Mike Johnson (R-La.) and Senate Minority Leader Mitch McConnell (R-Ky.) to enact a provision in an appropriations bill that would prevent taxpayer funding from being used to finalize, implement, administer or enforce proposed emissions standards that would effectively require 67.5% of all new […] [Read More]
PODCAST: Cory Collins returns to talk F&I and the FTC
Wednesday, Dec. 6, 2023, 10:46 AM
Auto Remarketing Staff
Cory Collins, the F&I trainer for Automotive Reinsurance Concepts, is back on the Auto Remarketing Podcast in an episode recorded during the Used Car Week conferences last month in Scottsdale, Ariz. Collins, a noted F&I guru who works with some of the nation’s largest independent dealers, talks with Auto Remarketing associate editor Andrew Friedlander about […] [Read More]
Dealer news: Charitable giving, college basketball NIL and dealership acquisition
Tuesday, Dec. 5, 2023, 01:51 PM
Auto Remarketing Staff
It’s December, and Step One Automotive Group is definitely in the holiday spirit. The Florida-based dealership group has begun its 25 Days of Giving at its 20 locations in Florida, Georgia and Alabama, with each store spreading holiday cheer in various ways to those in need. The initiative began Dec. 1 and runs through Dec. […] [Read More]
PODCAST: Jeremy Beck, NIADA vice president of dealer development
Tuesday, Dec. 5, 2023, 11:08 AM
Auto Remarketing Staff
Jeremy Beck has seen the used-car industry from all angles — as a dealer, as a vendor and now from the association point of view as the National Independent Automobile Dealers Association’s vice president of dealer development. On this episode of the Auto Remarketing Podcast, recorded during Used Car Week 2023, Beck talks with Cherokee […] [Read More]