Autotrader, Kia capitalize on NBA All-Star Weekend festivitiesFri, 17, Feb 2017
Autotrader is using NBA All-Star Weekend as a springboard for its latest ad campaign. Kia, meanwhile, has been capitalizing on the All-Star hype this week by giving people in New Orleans free rides through a promotion with Uber.
CarMax opens first four-lane auction on West CoastFri, 17, Feb 2017
CarMax opened a vehicle reconditioning and four-lane auction center in Murrieta, Calif., on Thursday, making it CarMax’s largest multipurpose location on the West Coast, the used-vehicle mega-retailer said.
Lithia posts 7.5% increase in Q4 net incomeWed, 15, Feb 2017
Penske Automotive Q4 net jumps 16%, as revenue slipsTue, 07, Feb 2017
Big or small, size can be a hiring advantageMon, 06, Feb 2017
Asbury Q4 income rises on a 2% revenue gainTue, 07, Feb 2017
Asbury Automotive Group's fourth-quarter net income surged 63 percent to $67.1 million, as revenue rose 2 percent to $1.67 billion, the dealership group said Tuesday. Adjusted income from continuing operations for the fourth quarter rose 3.7 percent to $34 million.
FTC sued over sale of certified used carsTue, 07, Feb 2017
The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission for allowing used cars to be advertised as "certified" or safe despite being the target of an outstanding safety recall.
CEO: Used sales at AutoNation show promiseMon, 06, Feb 2017
AutoNation sees used-vehicle sales at its soon-to-launch AutoNation USA used-vehicle stores as a major growth opportunity in 2017. The retailer has designed a strategy to fund the expansion which, CEO Mike Jackson said, won't be a drag on earnings.