AuSM Staff

One of Canada’s largest retail automotive M&A consulting firms is looking to gain more business in the United States, choosing a former Audi and Penske executive to lead a growing footprint into six states. Dealer Solutions North America, specialists in advising on and providing strategies for buying and... Read More

AuSM Staff

Penske Automotive Group has added a new member to its board of directors who brings extensive experience in the premium/luxury auto sector. The group announced Friday that Wolfgang Durheimer has been elected to the company board of directors at its annual shareholders meeting. He was most recently chairman and... Read More

AuSM Staff

Consumers in three states can now visit several newly opened Avis car sales locations to shop for low-mileage vehicles. Avis Car Rental announced Wednesday that it has expanded its Avis Car Sales program with additional locations across Florida, Texas and Massachusetts. The company explained that it now provides... Read More

AuSM Staff

A trailblazing federal lawmaker who took a stand against the Consumer Financial Protection Bureau is set to address the independent dealership community. Rep. Stephanie Murphy (D-Fla.) will be the featured speaker for the Welcome Luncheon at the 2018 National Independent Automobile Dealers Association Convention and... Read More

Autotrader names May's top CPO deals

AuSM Staff

While car shoppers enjoy the last full month of spring, automakers have presented the market with several attractive certified pre-owned deals, which are sure to turn heads both before and after the Mother's Day and Memorial Day weekend ahead. Autotrader has come out with its latest list of top CPO deals that... Read More

Used-car SAAR at highest rate of 2018

Joe Overby, Senior Editor

Thanks mostly to two fewer selling days, used-car retail sales last month declined an estimated 2 percent from April 2017 — but they’re pacing ahead of year-ago figures and reached the highest SAAR yet in 2018, according to Cox Automotive. The seasonally adjusted annualized rate of used-car sales was at... Read More

AuSM Staff

Here’s an alert for auction managers and dealership personnel to look for a pair of recalled, older-model compact pickups that might be in the next sale or currently in inventory. There are 21 locations in particular where the U.S. Department of Transportation’s National Highway Traffic Safety Administration... Read More

Chris Hart-Williams, Staff Writer

AutoNation chief executive officer Mike Jackson recently joined other company executives to expound on the significance of reaching its fifth standalone used-car store and service center this year. Along with discussing the March opening of the retailer's respective fourth and fifth AutoNation... Read More

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