Latest OnLine Editon  Read Here

THE GOOD FIGHT: Paul John, executive director of the Georgia Independent Automobile Dealers Association, discusses how the association fought against state legislation that would have raised the taxes on used-car purchases.

CarMax Moves into New Market

CarMax Moves into New Market Featured

CarMax Inc. celebrated the grand opening of its first store in Michigan, located in Kentwood at 4431 28th Street. 

The Kentwood store will have the capacity to stock approximately 200 used vehicles.

During the grand opening celebration, CarMax announced that The CarMax Foundation will be providing a $10,000 grant to the YMCA of Greater Grand Rapids.

The grant will help fund the YMCA Veggie Van, which is West Michigan’s only mobile farmers market. The Veggie Van provides the opportunity for local farmers to sell produce directly to residents in low food access neighborhoods.
Kentwood CarMax associates nominated the YMCA of Greater Grand Rapids to receive the grant.

 

 

Last modified on Monday, 21 November 2016 19:42
Rate this item
(0 votes)

Related items

  • State Suspends Dealers

    Michigan’s Secretary of State summarily suspended the licenses of three used-vehicle dealers for failure to follow proper procedures.
    Acting on complaints from financial institutions that alleged Car 1 LLC d/b/a Charger Auto Sales, in Waterford, had failed to apply for titles, which created numerous problems for the vehicle buyers including not easily being able to prove ownership, Secretary of State investigators attempted to conduct an inspection of records and inventory at the dealership on June 30.
    During the inspection, the dealer failed to produce records as required by the Michigan Vehicle Code.
    SOS investigators attempted general compliance inspections at Trendy Auto Sales in Pontiac on four occasions. In each instance, the dealership did not make records available or the facility was closed during posted business hours.
    Although the dealer license was renewed, the location is now vacant.
    Secretary of State investigators attempted inspections of records and inventory for Elite Motor Group in Waterford on two occasions. The dealership was closed both times and did not appear to be operational.

  • Carvana Moves into Detroit

    Carvana Co. is opening a location in metropolitan Detroit.
    This increases Carvana’s reach to 32 markets.
    To celebrate its arrival in Detroit, Carvana is hosting an event at Hart Plaza on the Detroit Riverfront on July 22. Visitors can enjoy cool treats, music from Bluewater Kings Band and giveaways, all courtesy of Carvana.

  • State Suspends Dealer’s License for Lack of Records

    The Michigan Secretary of State suspended the license of a used-vehicle dealer and automotive recycler for failing to comply with a request to inspect dealership records.
    Secretary of state investigators conducted several inspections at Grand Auto Sale & Parts in Flint. However the licensee is alleged to have repeatedly failed to provide records of inventory and sales transactions as required by law.
    Laws requiring detailed recordkeeping protect against the sale of stolen vehicles and parts and ensure the vehicle buyer receives a valid title and proper registration.

Copart Improves Email Service

Copart Improves Email Service

Copart Inc. has updated its Member Preference Center. Through the latest version of the Preference Center, Copart Members can manage their email subscriptions and choose the language in which they...

NABD Honors CFO

NABD Honors CFO

The National Alliance of Buy-Here, Pay-Here Dealers has inducted several high-profile operators into its Hall of Fame. But this year the NABD took the opportunity to honor somebody who played...

  • CarMax Moves into New Market
    CarMax Moves into New Market CarMax Inc. celebrated the grand opening of its first store in Michigan, located in Kentwood at 4431 28th Street. The Kentwood store will have the capacity to stock approximately 200…
  • DMS Incorporates Carfax
    DMS Incorporates Carfax Auto/Mate Dealership Systems has integrated its dealership management system with myCarfax Service Shop tools to help their dealer customers increase the success of their fixed operations. This enhancement makes it…
  • CarMax Grows in California
    CarMax Grows in California CarMax Inc. is currently hiring more than 40 associates for the company's third store in the Bay Area of California. The store, scheduled to open in November, will be located…
  • CarMax Reports Higher Sales, Revenue
    CarMax Reports Higher Sales, Revenue CarMax Inc. reported higher sales and revenue for the second quarter ended Aug. 31. Net sales and operating revenues increased 2.9 percent to $4 billion. Used unit sales in comparable…
  • TV Host Takes Cheap Shot at Dealers
    TV Host Takes Cheap Shot at Dealers The latest attack on subprime automobile dealers came in the form of HBO’s satirical news/comedy show “Last Week Tonight with John Oliver” on Aug. 14. The 17–minute segment slammed the…

    Auto Lending: Last Week Tonight with John Oliver (HBO)
  • Carvana Moves into Midwest
    Carvana Moves into Midwest Carvana announced its expansion into Columbus, Ohio. This launch marks the company’s first market in the Midwest region and first in the state of Ohio. Columbus marks Carvana’s seventh new…
  • CarMax Opens Store in Northeast
    CarMax Opens Store in Northeast CarMax Inc. celebrated the grand opening of its new store in Albany, N.Y.The store is located at 1860 Central Ave. The Albany CarMax has the capacity to stock approximately 200…
  • America’s Car-Mart Moves Fewer Units
    America’s Car-Mart Moves Fewer Units America’s Car-Mart Inc. reported net income of $7.1 million in the quarter ended July 31.The buy-here, pay-here chain reported revenues of $146 million compared to $143 million for the prior…
  • Dealers Use In-House CRM to Drive Sales
    Dealers Use In-House CRM to Drive Sales Robert Beck, president, Stop ‘N Drive Motors, San Antonio, Texas: “We have one location and we opened up in 2005. “We usually stock about 40 to 50 cars. We have…
  • Carvana Partners with Credit Union
    Carvana Partners with Credit Union Carvana has partnered with LGE Community Credit Union. Through the partnership, LGE members can browse Carvana's online inventory of vehicles and purchase a car and have it delivered to them…