Car shopping site CarGurus hires banks for stock offering, report says

CarGurus, a popular website where consumers go to browse cars, has tapped investment banks for an initial public offering later this year, people familiar with the matter told Reuters.


Moreno has his own 'Roger and Me' tale

In 1982, a teenage Bernie Moreno wrote to then-General Motors CEO Roger Smith with some advice. Smith's three-page reply influenced Moreno's car

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Buy-sells shuffle dealership rankings

It's a good time to buy dealerships, says Brian Bates, CEO of Holman Consumer Services. Holman Automotive acquired the 14-rooftop Kuni Automotive in July.


GM mandates video in stores

General Motors plans to make digital signage part of its dealership facility requirements for the first time, starting next year.


Big auction houses strive for velocity

The glut of off-lease vehicles returning to market is causing the nation's two largest auction groups to double down on the concept of velocity -- albeit in slightly different ways.

| UPDATED: 3/23/17 4:29 pm ET - adds details
GM plans digital signage push across U.S. dealerships

GM plans to make digital signage part of its dealership facility requirements for the first time, starting next year. The signage will tailor marketing messages for Chevrolet, Buick and GMC stores.

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