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Used car prices soaring to record highs amid production and rental car disruptions

If you re looking for a used car, brace yourself for a tough road ahead. It s going to be harder to find exactly what you want, and it s likely going to cost more. Some used car dealerships in Northwest Indiana have had their lots stripped clean during the coronavirus pandemic, while new car dealerships have been selling more and more used cars while they wait on more new inventory to arrive. The coronavirus pandemic has caused a worldwide semiconductor shortage that s disrupted the production of new vehicles and played havoc with how car rental companies normally resupply the used car market. Used car prices have been soaring, and pre-owned vehicles — whether gently used or well-worn — are in tight supply.

Zeigler Automotive Group grows Indiana footprint by acquiring Subaru store

Zeigler Automotive Group grows Indiana footprint by acquiring Subaru store Zeigler Automotive Group has purchased International Subaru of Merrillville, which is being rebranded as Zeigler Subaru of Merrillville. Image courtesy of Zeigler. Thursday, May. 20, 2021, 01:48 PM By Auto Remarketing Staff KALAMAZOO, Mich. -  With plans to expand the facility by updating the showroom, adding more service capacity and increasing the display area for new- and used-vehicle inventory, Zeigler Automotive Group announced the acquisition of its 31st dealership this week. Zeigler finalized a deal with Francis and Ralph Mauro of the International Autos Group to purchase International Subaru of Merrillville, which is being rebranded as Zeigler Subaru of Merrillville.

Zeigler Automotive Group buys first Subaru dealership with Merrillville purchase

Print Zeigler Automotive Group is set to acquire its first Subaru dealership with the purchase of International Subaru of Merrillville in Indiana. Kalamazoo, Mich.-based Zeigler, a large, privately owned Midwest dealership group, said the deal is scheduled to close today. Zeigler is buying the dealership from International Autos Group of West Allis, Wis. Neither party used a broker. Terms of the deal weren t disclosed, but the store will be renamed Zeigler Subaru of Merrillville. Zeigler, with the Subaru store, will have 26 new-vehicle dealerships in Michigan, Illinois and Indiana. Zeigler also owns three Byrider used-vehicle stores, a pre-owned store in Berwyn and a motorsports store in Kalamazoo, Mich.

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