Asbury CEO Monaghan will retire; COO Hult moves upAug. 22
Embracing the committed online shopperAug. 21
Longo Toyota adds Roadster online toolAug. 21
Maven's mobility plans come into focusAug. 21
Used-vehicle prices falling amid glutAug. 21
The average used vehicle lost 17 percent of its value in the past 12 months, dropping from $18,400 to $15,300, according to data from Black Book, an auto analytics company. With so many new cars rolling out of dealerships lots and instantly becoming used cars, the secondary market is glutted and the pace of depreciation is rapidly accelerating.
'A huge lesson for me'Aug. 21
Michigan's Fox Motors acquires Ann Arbor AutomotiveAug. 18
OBITUARY: Fred ShawAug. 21
Dealer anniversariesAug. 21
Dealers featured this week include Bill Siever, president of Siever Brothers in Carlyle, Ill.; Dealer Bill Gatton of Bill Gatton Chevrolet-Cadillac in Bristol, Tenn.; Gary Duncan, dealer principal of Duncan's Hokie Honda in Christiansburg, Va.; Dealer principal Nelson Bowers II of Toyota of Cleveland in McDonald, Tenn.; and the Jim Ellis Automotive Group of Atlanta.