Auction houses cope with crowded lotsMon, 27, Feb 2017
Investments in technology and analytics help auctions move vehicles through the system faster, but the remarketing industry should not lose sight of the importance of asphalt, says Tom Webb, Manheim chief economist.
AutoNation captures growth of millennialsMon, 27, Feb 2017
KAR Auction's Q4 net income drops despite gain at ADESAWed, 22, Feb 2017
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.
Sonic Q4 net income rises 21%Tue, 21, Feb 2017
Sears launches free-standing pilot DieHard Auto CenterTue, 21, Feb 2017
RFJ to expand 1-price selling companywideMon, 20, Feb 2017
RFJ Auto Partners will begin to expand its Hassle Free Buying strategy, a form of one-price selling, to all of its stores starting this year. It currently uses the model at its high-volume Dave Smith dealerships.
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 wants FCA storesMon, 20, Feb 2017
AutoNation puts service and parts at the center of its new branding campaignMon, 20, Feb 2017
The nation's largest dealer group is rolling out a new line of company-labeled parts, emphasizing accessories sales, and expanding its base of service centers and body shops. Executives expect $100 million in gross profit from the parts initiative next year.