Nick Zulovich, Staff Writer

The method Penske Automotive Group plans to continue using to fill inventories at CarSense — its standalone used-vehicle retail locations primarily in the Northeast with intensions on expanding — should delight auction general managers who see buyers for this dealer group mingle in their lanes. Chairman... Read More

AuSM Staff

In time for end-of-summer shopping, Cars.com recently released a list of the most popular convertibles among consumers. The site’s latest study on shopper's online activity revealed what convertibles are most popular and where in the U.S. shoppers are buying these models most. Turns out,... Read More

Lithia purchases LA auto group

AuSM Staff

After buying a Pittsburgh dealer group this spring, Lithia Motors turned its attention to the West Coast with its latest acquisition. The retailer announced Tuesday it has purchased Downtown Los Angeles Auto Group. The California group, also known as DTLA, includes Audi, Mercedes-Benz, Nissan, Porsche, Toyota and... Read More

Autotrader names August's top CPO deals

AuSM Staff

As consumers head out this month to shop for coveted back-to-school season items, Autotrader has come out with its top picks for certified pre-owned deals in August, which features long warranty term offerings from Jaguar and its sister brand, Land Rover. "Going CPO is a great option for car shoppers looking... Read More

AuSM Staff

Mercedes-Benz USA said it has received approval from the U.S. Department of Labor and Department of Veterans Affairs to become the first luxury automotive manufacturer to offer a Registered Apprenticeship Program. MBUSA’s new 16-week technician training and development program, Mercedes-Benz DRIVE, trains veteran... Read More

AuSM Staff

The Chrysler brand and Kango, the app-based, rideshare service for children, recently announced a new partnership that will make a fleet of new Chrysler Pacifica Hybrid minivans available to eligible Kango drivers for lease in San Francisco. The California-based Kango said Chrysler Pacifica Hybrids will be... Read More

CPO sales down 3% in July, still up for year

Joe Overby, Senior Editor

Certified pre-owned vehicle sales fell more than 3 percent in July, but year-to-date numbers still remain slightly ahead of the 2016 pace. That’s according to numbers released Tuesday by Autodata Corp. There were 227,045 CPO sales for the month, which was off 3.2 percent year-over-year but up 2.3 percent from... Read More

Nick Zulovich, Staff Writer

Group 1 Automotive leadership offered a bit more explanation as to why used-vehicle retail revenue and gross profit softened during the second quarter with part of the reason why the company saying it had to tap inventory availability at auctions to fulfill its needs. Officials recapped that Q2 retail used-vehicle... Read More