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
Auto Remarketing’s 2023 CPO Dealer of the Year: Rick Case Volkswagen
Friday, Oct. 6, 2023, 12:11 PM
Joe Overby, Senior Editor
Davie, Fla.-based Rick Case Volkswagen recently won an award for being the No. 1 volume certified pre-owned VW dealer in the country during 2022, and the dealer group’s chief operating officer was impressed by the response he saw from the automaker. “Everybody from national came in, everybody from the regional office and local support — […] [Read More]
Dealer news: Murgado Automotive moves into Virginia as McGeorge steps away
Wednesday, Oct. 4, 2023, 11:00 AM
Auto Remarketing Staff
Murgado Automotive Group has expanded into Virginia with the acquisition of Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian from Rod McGeorge. The dealerships are Murgado Automotive’s first in Virginia, joining franchises in Florida, Illinois and New Jersey. The group now operates a total of 26 dealerships. “Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian have been […] [Read More]
CarMax revenues, earnings, sales decline
Monday, Oct. 2, 2023, 02:50 PM
Auto Remarketing Staff
CarMax’s revenues, net earnings and sales all fell in the second quarter of its fiscal year, according to the company’s quarterly report. In Q2, which ended Aug. 31, the used vehicle retailer’s net revenues dropped 13.1% compared to the same span last year, finishing the quarter at $7.1 billion, while net earnings fell almost 6% […] [Read More]
CARS launches second annual Cartober campaign to promote vehicle donations
Monday, Oct. 2, 2023, 02:49 PM
Auto Remarketing Staff
Charitable Adult Rides and Services (CARS), a San Diego-based nonprofit that helps organizations increase fundraising through vehicle and real estate donation programs, has launched its second annual Cartober campaign, a month-long awareness initiative designed to promote the power of vehicle donations in supporting nonprofits. The campaign includes Disabled American Veterans, San Diego public television station […] [Read More]
Carvana rockets into gaming world with Esports Combine
Friday, Sep. 29, 2023, 11:40 AM
Auto Remarketing Staff
Online used car retailer Carvana has joined with Esports and gaming company NRG in hosting a skills challenge event to find the world’s next Rocket League pro. The Carvana|NRG Combine, in collaboration with the Network of Academic and Scholastic Esports Federations, is inviting outstanding student Esports athletes ages 18 and up to compete for a […] [Read More]
Dealer news: Acquisitions in Virginia, Montana
Thursday, Sep. 28, 2023, 01:45 PM
Auto Remarketing Staff
Graham Ourisman Automotive’s sales numbers will get a big boost from its latest acquisition. The dealer group purchased McGeorge Toyota in Henrico, Va. — ranked No. 4 in sales volume among franchise dealerships in the state — from Rod McGeorge and the McGeorge Family of Dealerships. The new acquisition, to be renamed Ourisman Toyota of […] [Read More]
Hyundai offers EV buyers a charger – at no charge
Monday, Sep. 25, 2023, 12:04 PM
Auto Remarketing Staff
Hyundai wants to charge up its electric vehicle sales by giving EV buyers … a charger. In an effort to encourage EV-curious customers to go electric, the automaker is offering a free ChargePoint Home Flex Level 2 charger and a discount of up to $600 off installation to consumers who lease or buy a new […] [Read More]
AutoNation names new chief operating officer
Friday, Sep. 22, 2023, 04:38 PM
Auto Remarketing Staff
AutoNation has a new chief operating officer. The retailer said Friday afternoon that hired for the COO role is Jeff Parent, who was most recently president and general manager at Gulf States Toyota. Parent’s background also includes time in senior executive positions at Nissan Canada as well as a regional vice president role for Volkswagen […] [Read More]
Ford adds Reviver’s digital license plate as an official accessory offering
Friday, Sep. 22, 2023, 02:06 PM
Auto Remarketing Staff
Reviver, developer of the RPlate digital license plate, has entered into an agreement with Ford Motor Company to become an official Ford Accessory Partner. The partnership adds the RPlate to the aftermarket products offered by more than 300 Ford dealerships in Arizona, California and Michigan. Reviver said the deal makes Ford the world’s first automaker […] [Read More]
AutoNation joins NFL team in $1 million donation for breast cancer research
Friday, Sep. 22, 2023, 01:45 PM
Auto Remarketing Staff
AutoNation has teamed with the NFL’s Miami Dolphins to tackle a critical issue in breast cancer research. America’s second-largest auto retailer announced a partnership with Dolphins Challenge Cancer, the team’s cancer-focused fundraising initiative, to address health disparities linked to social, economic and environmental factors with a new $1 million commitment to be distributed over four […] [Read More]