Wednesday, January 10, 2018 - 12:32pm
Wednesday, January 10, 2018 - 12:32pm
AuSM Staff
Mike Stanton, a longtime executive with what is now known as J.D. Power Valuation Services, is back with the National Automobile Dealers Association. NADA said Wednesday that Stanton has been named its senior vice president and chief operating officer. “I am excited to be back at NADA and have the opportunity... Read More
Tuesday, January 9, 2018 - 11:34am
Tuesday, January 9, 2018 - 11:34am
Joe Overby, Senior Editor
Though it doesn’t seem that long ago, I wrote a blog post in May for our Used Car Week website that explained the new-and-improved agenda format for the weeklong conference series. Included in that new Used Car Week format was the CPO Forum transitioning into the Pre-Owned Con. Essentially, we adapted the... Read More
Thursday, January 4, 2018 - 1:28pm
Thursday, January 4, 2018 - 1:28pm
Joe Overby, Senior Editor
Certified pre-owned vehicles sales reached a seventh straight record year by the slimmest of margins. According to Autodata Corp., there was an estimated 2,645,718 CPO vehicles sold in 2017, compared to 2,642,986 sold in 2016. That’s a gain of just 0.1 percent, but it was enough to bump certified sales to their... Read More
Wednesday, January 3, 2018 - 1:53pm
Wednesday, January 3, 2018 - 1:53pm
AuSM Staff
Penske Automotive Group said Wednesday it has closed its purchase of U.K.-based used-car retailer The Car People. The acquisition was first announced Dec. 12. “I am delighted to welcome The Car People team to Penske Automotive Group,” Company chairman Roger Penske said in a news release.“The... Read More
Tuesday, January 2, 2018 - 1:56pm
Tuesday, January 2, 2018 - 1:56pm
AuSM Staff
Carvana recently announced that it has launched its latest market in Corpus Christi, Texas, growing its Lone Star State footprint to five markets. Corpus Christi area residents can now receive as-soon-as-next-day vehicle delivery when they finance, purchase or trade in a vehicle on Carvana.com. “Corpus... Read More
Tuesday, January 2, 2018 - 10:50am
Tuesday, January 2, 2018 - 10:50am
AuSM Staff
Larry H. Miller Dealerships recently acquired a Nissan store in Centennial, Colo., growing its footprint in the Denver Metro area to 12 stores. The store has been renamed Larry H. Miller Nissan Arapahoe and is located at 10030 East Arapahoe Road. “Nissan has been a standout brand for us, and this location... Read More
Thursday, December 14, 2017 - 5:08pm
Thursday, December 14, 2017 - 5:08pm
Joe Overby, Senior Editor
More than two-and-a-half years after the suit was filed, TrueCar and the California New Car Dealers Association have settled the litigation between the two parties. In a statement released Thursday afternoon, TrueCar said as part of the resolution, its billing model in California will transition to a flat-fee... Read More
Thursday, December 14, 2017 - 10:35am
Thursday, December 14, 2017 - 10:35am
AuSM Staff
With many shoppers out and about making their last purchases of the year, Autotrader has come out with its latest list of the top incentive deals available on certified pre-owned vehicle purchases this holiday shopping season. The list includes Volkswagen's CPO program, which has added an additional two... Read More