Retail

Penske Automotive Group has completed its acquisition of United Kingdom-based Rybrook Group Limited, a deal that adds 15 premium dealerships to the Penske portfolio. The deal includes four BMW dealerships — three of which also retail BMW Motorrad motorcycles — four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Penske […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a dealer panel titled, “The Changing Used-Car Manager’s Role, and Now What?” The session was moderated by former dealer Kraig Quisenberry, who is now with ACV. The other participating dealers included: […] [Read More]

With the new year comes new advertising campaigns, and two of the giants in the used-vehicle business have launched theirs. CarMax, one of the nation’s largest used-car retailers, announced a new commercial spot based around the much-maligned minivan, a vehicle that a few years ago was all but pronounced dead by USA Today. But CarMax […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a luncheon keynote presentation titled, “Biased for Action: Creating Success Through Adversity,” by Lindsay Ciavatonne of CarGurus. Listen to the episode in the window below. [Read More]

In what it’s calling a “strategic transformation,” electric vehicle manufacturer Fisker announced it is developing a new dealer partnership model in North America featuring expanded dealer territories and no-haggle pricing. Previously, Fisker has sold its vehicles in the U.S. directly to consumers online and through its Fisker Lounges in Los Angeles and New York. The […] [Read More]

Automotive 20 Group provider and dealership trainer NCM Associates announced it has acquired Kain Automotive, a provider of training in internet sales, BDC operations and digital marketing. NCM said in a news release the “strategic merger” represents a significant milestone in its growth and a step forward for both companies in delivering “a comprehensive range […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features one of the sessions from Dealer Training Tuesday. Glenn Lundy of 800% Elite Auto explained the profitable journey dealerships can take during a session titled, “800% Growth Blueprint: Revitalizing Used Cars […] [Read More]

Brightline Dealer Advisors, an independent insurance agency serving the automotive market, has named Joe Porter as its new senior vice president of dealer training. The company said Porter brings more than 25 years of “extensive, hands-on training and consulting experience in the automotive retail, wholesale and dealer wealth-building segments.” Porter has worked with auto dealers […] [Read More]

Vietnam-based electric vehicle manufacturer VinFast announced it has signed agreements with its first five U.S. dealers to sell its EVs. Leith VinFast in Raleigh, N.C., Smith Haven VinFast in St. James, N.Y., Principle VinFast Grapevine in Grapevine, Texas, Hiley VinFast of Fort Worth in Fort Worth, Texas and VinFast Wichita in Wichita, Kan., have signed […] [Read More]

Dealer principal. That’s a big hat to wear. But it’s not the only title that Danny Zaslavsky holds. Zaslavsky is dealer principal at Country Hill Motors in Merriam, Kan., and is also co-founder and managing partner at online inventory platform VINCUE, as well. Auto Remarketing caught up with Zaslavsky to see how he juggles his two executive positions, as well as how his dealership and online platform are addressing a difficult inventory landscape — one where there’s still simply not enough quality used vehicles that are also affordable ... [Read More]