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 M&A moves involving Dimmit, Group 1 & Mills groups
Tuesday, Jun. 6, 2023, 02:48 PM
Auto Remarketing Staff
Dimmit Automotive Group, which includes 13 dealerships throughout Florida’s Gulf Coast, has expanded to the powersports segment. The group has purchased Cycle Springs Powersports in Clearwater, Fla., according to a news release from Performance Brokerage Services, which advised on the transaction. Family-owned Dimmit Automotive Group has been in operations for nearly a century, following Lawrence […] [Read More]
Assurant’s EV sales training course to focus on 5 core topics
Tuesday, Jun. 6, 2023, 02:31 PM
Auto Remarketing Staff
Assurant plans to cover five primary topics in its comprehensive electric vehicle (EV) sales training course. The course titled, “EV Sales Professional’s Blueprint” is designed to address the fundamental differences between EVs and traditional internal combustion engine (ICE) vehicles and gives sales professionals the tools to grow their sales expertise ahead of the coming wave […] [Read More]
17 largest dealer groups ranked for service appointment call effectiveness
Monday, Jun. 5, 2023, 04:02 PM
Auto Remarketing Staff
When it comes to making it easy for consumers to schedule service appointments by phone, some dealer groups, apparently, do it better than others. On Monday, Pied Piper released the results of its 2023 PSI Service Telephone Effectiveness Study, which examined the 17 largest auto dealer groups for how easily consumers can call to set […] [Read More]
Group 1 expands in Houston, adds first Kia store in city
Monday, Jun. 5, 2023, 11:26 AM
Auto Remarketing Staff
Group 1 Automotive has expanded in its hometown. The Houston-based retailer said Thursday it acquired Beck & Masten Kia, a move that broadens Group 1’s footprint in that market to 15 brands and 18 dealerships. The store is Group 1’s first Kia dealership in Houston. Group 1 anticipates Beck & Masten Kia to generate annual […] [Read More]
Dealer buy-sell activity dips, but busy year still expected
Friday, Jun. 2, 2023, 02:44 PM
Auto Remarketing Staff
Don’t let the slower start to the year fool you into thinking dealership buy-sell will grow soft. The number of dealerships acquired in the first quarter (approximately 82) fell 31% year-over-year, according to the latest Haig Report from Haig Partners, but the firm is anticipating an increase in buy-sell activity the rest of the year. […] [Read More]
Parks Automotive Group welcomes Franchise Equity Partners as minority joint venture partner
Friday, Jun. 2, 2023, 11:53 AM
Auto Remarketing Staff
On Thursday, Parks Automotive Group welcomed Franchise Equity Partners (FEP) as a minority partner following a capital contribution of approximately $55 million in connection with the group’s recent purchase of the Lake Norman and Gastonia Chrysler-Dodge-Jeep-RAM dealerships in North Carolina earlier this year. Led by president and CEO Adam Parks, the group now has 21 […] [Read More]
PODCAST: Dealers share thoughts on EVs, digital transactions & future of auto industry
Wednesday, May. 31, 2023, 03:28 PM
Auto Remarketing Staff
Next up on our series of podcasts from the Auto Intel Summit and NRC Spring Summit is a panel discussion featuring some of the leading auto dealers in North Carolina. The session is moderated by NCADA president Robert Glaser and features leaders from Crossroads Automotive Group, John Hiester Automotive Group and Hubert Vester Auto Group, […] [Read More]
Our ‘Dealers Under 40’ honorees for 2023
Tuesday, May. 30, 2023, 11:46 AM
Auto Remarketing Staff
They might be some of the younger personnel at their dealerships, but they’ve already shown their ability to thrive in a variety of roles and responsibilities. Auto Remarketing’s “Dealers Under 40,” presented by Automotive Training Network (ATN), hail from a variety of operations. Some honorees are already store general managers or leading executives for dealer […] [Read More]
Service drive activity lags despite predicted uptick in vacation driving
Friday, May. 26, 2023, 11:40 AM
Auto Remarketing Staff
Both AAA and TransUnion predicted notable travel activity happening on the roads this Memorial Day weekend and beyond. However, a recent analysis by Cox Automotive of Xtime metrics showed the car owners might not have done a lot of vehicle maintenance before beginning their journeys. Cox Automotive indicated that service activity and revenue at franchised […] [Read More]
Qualifying round now open for US Auto Tech National Championship
Tuesday, May. 23, 2023, 03:47 PM
Auto Remarketing Staff
Champions will be crowned soon in professional basketball and hockey. And this summer, champions among professional and aspiring automotive technicians will be decided, too. The U.S. Auto Tech National Championship (USATNC) is back. Garage Gurus, the training and support platform from Tenneco’s DRiV group, and the University of Northwestern Ohio (UNOH) are once again joining […] [Read More]