Hesterberg says TrueCar.com harms dealers

image
Group 1 Automotive Inc. CEO Earl Hesterberg believes TrueCar.com is harmful to dealers and automakers and questions the online shopping site's value to the industry.
"Their general marketing strategy is to appeal to customers who are interested in buying a car at the cheapest possible price. I'm not sure how valuable that is to me," Hesterberg said during his address Friday ... Read More »
Comments [0] | Recommendations [0]


» Complete Coverage           
Krafcik: Capacity crimps Hyundai
image
Hyundai Motor America, which doubled the industry's 10 percent sales gain in 2011, will no ... Read More »
Power: Demand, new models to lift sales
A wave of fresh vehicles should combine with pent-up demand to drive U.S. vehicle sales hi ... Read More »
NADA blogs
image

Import brands should chill out over Obama snub

MARK RECHTIN: Import-brand automakers should not take the apparent snub by President Barack Obama at the Washington auto show too seriously. Read More »
Comments [0] | Recommendations [0]
image

Staffing to meet expected sales is pure speculation

JAMIE LaREAU: When does a workload become so great, it's time to hire more people? I posed that issue to a dealer I was chatting with about F&I business. Read More »
Comments [0] | Recommendations [0]
»MORE
 
 image

AutoNews Now: Camry to fuel Toyota sales

Toyota sees a big global sales gain in 2012, Clint Eastwood may make Chrysler's day, and Ed Lapham on why dealers like Las Vegas. ... >> watch the video 
12:01 am U.S. ET | Feb. 3

 image

Chrysler to add 1,800 workers at Illinois plant for Dart, Compass and Patriot

Chrysler Group said today it will ramp up production of the 2013 Dodge Dart quickly at a plant in Belvidere, Ill., adding more than 1,800 workers even ... >> story 
1:24 pm U.S. ET | Feb. 2

 image

AutoNews Now: Politics and cars

President Obama's controversial auto show tour, Browning ready to rally the VW troops, and Toyoda's test drive. ... >> watch the video 
12:01 am U.S. ET | Feb. 2

 image

2012 Mercedes A Class caught on video

Video footage of Mercedes-Benz's upcoming A class was shot by an alert bicyclist in the Canary Islands. ... >> story 
4:31 pm U.S. ET | Feb. 2

Sponsored by

Under the hood: GM's blueprint for Volt 2.0

Volt teardown shows GM designed car for upgrades
12:56 pm U.S. ET | Feb. 3
image
The Chevrolet Volt stands as the most heavily promoted -- and harshly scrutinized -- vehicle from General Motors in decades. And that's just version 1.0. Amid the debate, one aspect of the Volt has escaped the notice of fans and critics alike: the roadmap for potential upgrades GM left buried deep inside. Read More »
Comments [0] | Recommendations [0]
     
     
     
    AutoTrader.com said to be in talks for initial public stock offering
    9:21 pm U.S. ET | Feb. 3
    image
    AutoTrader, which runs a Web site linking buyers and sellers of new and used cars, is talking to banks about a potential initial public offering, a person with knowledge ... Read More »
    Comments [0] | Recommendations [0]

    Majority of Lincoln dealers in key markets agree to renovations, new facilities
    12:01 am U.S. ET | Feb. 3 | UPDATED: 2/3/12 5:08 pm ET
    image
    More than half of the Lincoln dealers in the top 130 U.S. markets have agreed to improve their dealerships, according to Ford marketing chief Jim Farley. Seventy-five dea ... Read More »
    Comments [0] | Recommendations [0]

    Detroit automakers oppose Japan joining trade talks
    4:11 pm U.S. ET, Feb. 3 2012
    Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing ...
    Comments [0] | Recommendations [0]

    Missed a day? Previous days headlines on AutoNews.com:
    BlogsMore »
    image

    Import brands should chill out over Obama snub

    1:36 pm U.S. ET | Feb. 3
    MARK RECHTIN: Import-brand automakers should not take the apparent snub by President Barack Obama at the Washington auto show too seriously. Read More »
    Comments [0] | Recommendations [0]
      image

      At Chicago Auto Show, you can ride, drive, not just look

      3:01 pm U.S. ET | Feb. 3
      RICK KRANZ: The Chicago Auto Show offers a crowd pleaser that attracts tens of thousands of people each year. Read More »
      Comments [0] | Recommendations [0]
         
        Search topics trending on AutoNews.com:
         
        Videos
        News from our Partners
        Latest Job Listings
         
        Special Reports
        Automotive News Products and Events
        Dealer NewsMore »

        AutoNation says vehicle sales rose 7% in January

        2:03 pm U.S. ET | Feb. 2
        Increases in import and premium luxury vehicle purchases helped AutoNation post a 7 percent increase in new vehicle unit sales last month. ... Read More »
        Comments [0] | Recommendations [0]
        Headlines from the Web
        Finance & InsuranceMore »

        For Lincoln, exclusive F&I products

        12:01 am U.S. ET | Feb. 3
        Ford Motor Credit Co. is tailoring its F&I products for Lincoln customers. ... Read More »
        Comments [0] | Recommendations [0]
        CommentaryMore »
        image

        TrueCar and Taj Mahals have everyone thinking

        6:48 pm U.S. ET | Feb. 3
        JASON STEIN: Scott Painter probably never imagined the day when his name would share the podium with gray tile or grout. Read More »
        Comments [0] | Recommendations [0]
        Photo GalleriesMore »
         
         
         
        Industry EventsMore »
        • NADA Convention and Exposition: 2/3/12 - 2/6/12 -- Learn More
        • PNEU Expo 2012: 2/7/12 - 2/9/12 -- Learn More
        • Buffalo Auto Show: 2/8/12 - 2/12/12 -- Learn More
        • Motor Trend International Auto Show-Baltimore: 2/9/12 - 2/12/12 -- Learn More
        • North Carolina International Auto Expo: 2/9/12 - 2/12/12 -- Learn More
        Data CenterMore Data Center »

            Sample data:

            North America car and truck production    
             1/30-Jan.1/1-1/1-
             2/4/12est.2/4/122/5/11
            Ford Mustang1,7156,4167,4454,038
            Mazda Mazda61,3855,4896,3203,988
            AUTOALLIANCE3,10011,90513,7658,026
            X3 (trk.)3,04012,64314,4678,928
            X5 (trk.)2,3319,63411,0338,329
            X6 (trk.)1,0224,0144,6274,226
            BMW MFG. CORP.‡6,39326,29130,12721,483

            View the data       

            This Customer Incentives data is available within our Data Center as a PDF download.

            View the data       

            This U.S. car sales, January data is available within our Data Center as a PDF download.

            View the data       

            This U.S. light-truck sales, January data is available within our Data Center as a PDF download.

            View the data       

            Sample data:

               20122011Car  20122011
             CarCarCarCarpercentTruckTruckTruckTruck
            Make20122011ShareSharechange20122011ShareShare
            Acura4,5823,6931.0%0.9%24%3,7994,2680.9%1.0%
            Aston Martin**68670.0%0.0%2%--0.0%0.0%
            Audi6,4975,4721.4%1.3%19%2,8572,3400.7%0.6%
            Bentley118820.0%0.0%44%--0.0%0.0%
            BMW division11,82611,4352.5%2.8%3%4,5794,4701.0%1.1%

            View the data       

            Sample data:

             2012201120122011
            ASTON MARTIN (I)*68676867
            1 series (I)422501422501
            3 series (I)6,6985,7636,6985,763
            5 series (I)3,2164,3503,2164,350
            6 series (I)--40983
            7 series (I)977626977626
            Z4 (I)104112104112
            BMW division (D)----
            BMW division (I)11,41711,35211,82611,435
            Total BMW division11,41711,35211,82611,435
            Cooper S (I)2,0752,0652,0752,065
                 
                 

            View the data       

            This Automotive News SAAR - 2012 data is available within our Data Center as a PDF download.

            View the data       

        Advertising