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February 2019: The month to remember for certified pre-owned deals

Tuesday, February 12, 2019 - 2:05pm

AuSM Staff

Through the end of February, Audi is offering buyers all of its certified pre-owned models from 2013 to 2017 at 1.99-percent interest for up to 24 months. That is one of... Read More

Shottenkirk Auto Group acquires 2 Toyota stores in Texas

Tuesday, February 12, 2019 - 12:29pm

AuSM Staff

Haig Partners acted as the conduit for a pair of Texas Toyota stores to change ownership. The firm represented Jerry Durant on the sale of Durant Toyota of Weatherford,... Read More

Technology helps lead to Honda, Acura award for dealer

Friday, February 8, 2019 - 4:00pm

AuSM Staff

Paragon Automotive, with its Paragon Honda/Acura dealership in New York, has worked to keep up with the latest technology. The business boasts that its... Read More

Cox Automotive & NADA partner with Hireology for dealership workforce conference

Wednesday, July 19, 2017 - 2:10pm

Wednesday, July 19, 2017 - 2:10pm

AuSM Staff

Hireology is looking to help dealerships slow the costly churn of employees being added and subtracted from their workforce. Officials from the hiring and talent management platform are working in partnership with Cox Automotive and the National Automobile Dealers Association to host a retail automotive human capital... Read More

Kia reports best-ever half & quarter for CPO sales

Tuesday, July 18, 2017 - 1:17pm

Tuesday, July 18, 2017 - 1:17pm

Joe Overby, Senior Editor

It was a record half and a record quarter for Kia certified pre-owned Moving just under 40,000 units, Kia Motors America said the first half of the year represented its best six months ever for CPO sales. More specifically, Kia sold 39,799 certified vehicles in the first six months of 2017, beating year-ago figures by... Read More

Sheehy raises $285K for American Heart Association

Tuesday, July 18, 2017 - 11:05am

Tuesday, July 18, 2017 - 11:05am

AuSM Staff

Sheehy Auto Stores recently announced that it raised a record donation of $285,000 to give the American Heart Association this summer. The company made the donation as part of its annual Sheehy 8000 campaign, a community-wide effort from May 12 to July 5, where Sheehy dealerships sold a combined total of over... Read More

KBB launches new Price Advisor ad campaign

Monday, July 17, 2017 - 2:59pm

Monday, July 17, 2017 - 2:59pm

AuSM Staff

Kelly Blue Book’s Price Advisor is the focus of its recently launched “We Wrote the Book” national marketing campaign. Price Advisor provides car buyers guidance on how much they should pay for their next vehicle. “Kelley Blue Book Price Advisor helps car shoppers buy with confidence, and with... Read More

Cox presents Rising Star Award to 1st woman

Monday, July 17, 2017 - 10:54am

Monday, July 17, 2017 - 10:54am

AuSM Staff

In partnership with the National Association of Minority Automotive Dealers, Cox Automotive awarded its Rising Star Award to a Kentucky general manager, in honor of her leadership and commitment to both the automotive industry and her community. Chosen for the award is Wadette Bradford of Martin Kia, in recognition of... Read More

NY asset management firm acquires 10-store Pittsburgh dealer group

Monday, July 17, 2017 - 10:51am

Monday, July 17, 2017 - 10:51am

AuSM Staff

Another large dealership group in Pittsburgh is going through a change in ownership. A little more than a month after Lithia Motors expanded its operations by securing Baierl Auto Group, GPB Capital announced on Monday that the New York-based asset management firm has acquired a majority stake in Kenny Ross Automotive... Read More

Lithia anticipates used-car growth from Q2

Wednesday, July 12, 2017 - 4:42pm

Wednesday, July 12, 2017 - 4:42pm

Joe Overby, Senior Editor

Based on preliminary results released Wednesday, Lithia Motors is expecting its same-store used-car unit sales to have increased 4.6 percent in the second quarter. Meanwhile, Lithia is anticipating a 3.8-percent to 4.1-percent increase in used-vehicle retail same-store sales. All this part of a quarter where early... Read More

Kerrigan Advisors adds accounting expert as VP

Wednesday, July 12, 2017 - 3:37pm

Wednesday, July 12, 2017 - 3:37pm

AuSM Staff

Dealership buy/sell advisory firm Kerrigan Advisors this week hired a new vice president who has been involved in accounting consulting to more than 150 dealerships across the country. Kerrigan Advisors announced that Mercedes Hendricks has joined the firm as vice president, bringing extensive certified public... Read More

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