AuSM Staff

In celebration of reaching a record-breaking 11 million vehicles sold, AutoNation announced that it will donate four Chrysler ProMaster passenger vans to community partners who work to fight cancer. “AutoNation is the first and only retailer in the history of the automotive industry to reach this milestone,”... Read More

AuSM Staff

The latest development in the Takata airbag story arrived on Thursday and included four automakers, nearly 16 million vehicles and more than $500 million in settlements. According to a news release, plaintiffs in the Takata Airbag Product Liability Litigation filed class action settlement agreements resolving claims... Read More

Joe Overby, Senior Editor

In a news release earlier this week, The Presidio Group discussed a few details surrounding the sale of four Serra Automotive, Inc. dealerships to former AutoNation executive Mike Maroone, a deal in which it advised Serra Automotive. As part of the transaction, which was completed Monday, Serra Automotive will keep a... Read More

AuSM Staff

Search Optics has introduced the Virtual Business Development Center (VBDC), a turnkey solution for comprehensive automotive dealer lead management that is designed to improve response times, increase lead conversion rates and reduce the cost of sale for dealers, the company announced on Tuesday. “As a... Read More

AutoNation COO steps down

AuSM Staff

AutoNation president and chief operating officer Bill Berman has resigned, the company said in a news release Monday afternoon. The resignation was effective Monday, but Berman will continued to be employed by AutoNation in an advisory role through June 30. AutoNation chairman and chief executive officer Mike Jackson... Read More

AuSM Staff

Fiat Chrysler said on Friday that the automaker is voluntarily recalling an estimated 1 million trucks in the U.S. and more than 200,000 units in Canada to reprogram computer modules that help control restraint-system deployment in rollover situations. Affected vehicles are certain 2013 through 2016 Ram 1500 and 2500... Read More

AuSM Staff

Sheehy Auto Stores has launched its 20th annual Sheehy 8000 sales event, a three-week community-wide effort to raise funds for the American Heart Association, the group announced on Friday. Throughout the rest of the month, each of Sheehy Auto's dealerships throughout Washington, D.C.; Richmond,... Read More

Group 1 names new board chairman

AuSM Staff

Along with increasing its common stock share repurchase authorization, Group 1 Automotive on Friday announced that Stephen Quinn has been elected by its board to serve as non-executive chairman of its board of directors. Group 1 indicated Quinn has served as a director of the company since May 2002, and currently serves... Read More

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