U.S. sales rebound, climb 3.6%; SAAR remains strong at 17.83 millionThu, 01, Dec 2016
After three straight monthly dips, U.S. light-vehicle sales in November rose 3.6 percent from a year earlier, helped by more generous deals and strong truck demand. Ford, Honda, Nissan, Toyota and GM posted gains. Industrywide volume hit a November record and the SAAR remained strong but dropped to 17.83 million from this year's highest rate -- October's 17.98 million.
AutoNation ends recall experimentMon, 05, Dec 2016
Confusion en route to self-driving vehiclesMon, 05, Dec 2016
AAA: Most U.S. drivers distrust repair shopsMon, 05, Dec 2016
Texas auto auction company acquired by Capital Partners for XLerate GroupFri, 02, Dec 2016
Huron Capital Partners, a Detroit investment group, has acquired a Texas-based auto auction for one of its portfolio companies, the Indianapolis-based XLerate Group, which runs online and onsite auto auctions.
An open forum with AutoNation's bossMon, 05, Dec 2016
Morse's 3 keys: Good people, products, processesMon, 05, Dec 2016
After his father's death in July, Teddy Morse, 41, took over his family's dealership group, founded by his grandfather in 1963. In this Q&A, he talks about his baptism by fire, the personnel policies he learned from his father and grandfather and other matters.
How store eased rift between fixed ops and used-car salesMon, 05, Dec 2016
An inherent tension exists at most franchised dealerships between fixed operations and used-car sales. But at one large North Carolina dealership, that long-standing and bitter conflict has been amicably resolved -- by the accountant.
Fixed ops opportunities for womenMon, 05, Dec 2016
Dealership houses displaced fire departmentMon, 05, Dec 2016
Penske to expand used-only storesMon, 05, Dec 2016
Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.
'For sale' signs out, but why no bites yet?Mon, 05, Dec 2016
AutoNation, Penske, Group 1, Sonic, Lithia and Asbury have been actively buying their own stock, even as they pulled back from buying private dealerships in the U.S. buy-sell market. When you tell Wall Street your stock price is low, especially during a period of available capital, you're inviting a takeover bid.