Arlena Sawyers , Correspondent

Penske Automotive Group will expand its standalone, used-vehicle supercenter footprint with three new used-car stores in the U.S., said chief executive Roger Penske. The company will open the greenfield sites under its U.S. brand, CarSense, which operates five used-car supercenter locations in Pennsylvania and New... Read More

AuSM Staff

Hyundai Motor America announced Friday that its Hyundai Shopper Assurance program that is designed to give car buyers an easier and faster way to make a purchase or lease will be available nationwide. Following its initial launch in four markets late last year, Hyundai said the program is set to roll out at... Read More

CarMax elects 2 new board members

AuSM Staff

CarMax announced Friday that John Standley has retired, and its board of directors has elected new members Peter Bensen and Robert Hombach, effective April 1. Standley, chairman and chief executive officer of Rite Aid Corporation, retired from the board this past Monday because of other business demands, the... Read More

AuSM Staff

Penske Automotive Group announced Thursday that it has raised over $1 million through its "Service Matters" campaign for the  Paralyzed Veterans of America. The annual campaign has now raised more than $3 million for the veterans service organization since 2015, the company said. This year, Penske... Read More

Certified pre-owned car sales start year up 5%

Joe Overby, Senior Editor

After just narrowly notching another record year, sales of certified pre-owned vehicles climbed more than 5 percent in January. The CPO market began 2018 with 203,024 sales last month, according to Autodata Corp. This was a 5.3-percent hike over January 2017 — although it was also an 8.2-percent... Read More

Carvana doubles NC markets

AuSM Staff

Carvana announced Wednesday that it has added two more North Carolina markets, since launching in both Charlotte and Raleigh last year. Greensboro and Winston-Salem-area residents can now shop Carvana’s more than 9,000 vehicles and schedule as-soon-as-next-day vehicle delivery, according to the... Read More

AuSM Staff

With so much of its business activity connected to technology nowadays, AutoNation made a move to ensure its customers can easily connect with its dealerships, and employees can complete work via the solutions they need. Flexential, a hybrid IT infrastructure provider, announced the recent deployment of a high-density... Read More

AuSM Staff

Group 1 Automotive announced this week it has expanded its business presence in El Paso, Texas with the acquisition of new Audi and Subaru stores. And in other news to stem from top dealer groups, Penske Automotive Group’s board of directors has also reported it approved an increase in the cash dividend to... Read More