Automotive News Retail News Feed News, blogs and commentary from the leader in North American automotive news en-us Fri, 23 Mar 2018 06:00:00 EST ZF's EV, self-driving plans get boost from transmission sales Fri, 23 Mar 2018 05:33:27 EST ZF said randd costs for electric- and autonomous-car technologies would remain high after it posted a 4.5 percent rise in earnings for 2017, boosted by transmission sales. Nissan will introduce 8 new EVs, sell 1 million electrified vehicles Fri, 23 Mar 2018 04:40:11 EST Nissan pledged to maintain its leadership in electric vehicles as it outlined plans to launch eight new EVs and hit annual sales of 1 million electrified vehicles by 2022. BMW hires new creative ad agency in U.S. Thu, 22 Mar 2018 19:03:11 EST BMW appointed Goodby, Silverstein and Partners, which has handled advertising for Chevrolet, Saturn and most recently Fiat Chrysler Automobiles, as its lead creative ad agency in the U.S. Scott Painter's new company offers phone-based used-car purchases Thu, 22 Mar 2018 20:18:21 EST App-based service hopes to satisfy customers' needs for simple, cheap car-buying experiences that don't require commitment. Survival tip: Adapt now, bet later Thu, 22 Mar 2018 16:02:57 EST As they brace for uncertain times ahead, car dealers may be better off making sure they're able to adapt to change than trying than to guess what the future will be. Many of the top franchises strong in SUVs, expert says Thu, 22 Mar 2018 18:12:12 EST Fresh crossovers and SUVs are driving brands' market share growth, customer satisfaction and brand loyalty -- at least for the moment. Safety groups say Congress has given self-driving companies too much leeway Thu, 22 Mar 2018 17:42:48 EST With fierce global competition to capture the lead in the large burgeoning market for driverless vehicles, Congress appears willing to deliver conditions favorable to US-based businesses. Honda dealers seek help on Accord Thu, 22 Mar 2018 15:13:43 EST As they meet with Honda's new U.S. executive team this weekend, dealers will likely seek help from the factory to move the redesigned Honda Accord, the venerable and critically acclaimed midsize sedan that no one seems eager to buy these days. Ford rolls out 1-stop online shopping tool Thu, 22 Mar 2018 16:52:19 EST Ready.Shop.Go will roll out publicly beginning this month and will be available nationwide by year end. AutoCanada buys Chicago dealership group Thu, 22 Mar 2018 07:49:19 EST AutoCanada, Canada's only publicly traded auto retailer, is buying most of the Grossinger Auto Group in Chicago, giving it a foothold in the United States -- with plans for more growth. Used vehicles drive down new-vehicle sales Thu, 22 Mar 2018 15:47:08 EST JD Power forecasts sales of 13.8 million new vehicles this year, down roughly 200,000 from a year ago. Average vehicle prices are averaging $32,200 so far this year. Auto lending landscape forecast to change Thu, 22 Mar 2018 14:26:03 EST Even a modest rise in interest rates, plus tighter lending standards, could impact consumers' vehicle choices, sales and production volumes, dealers' inventory acceptance and lenders' loss risk, experts say. China's GAC ready to recruit dealers Thu, 22 Mar 2018 14:17:37 EST After tiptoeing on the sidelines of the U.S. car market, Chinese automaker GAC says it's finally ready to take the plunge, and it's looking for some retail partners at the NADA Show who are comfortable with the deep end of the pool. CDK launches open exchange for software developers Thu, 22 Mar 2018 06:42:57 EST CDK's new app store-like open development platform Fortellis aims to enable innovation and commercialization of software solutions. BMW keeps all options open for DriveNow unit Thu, 22 Mar 2018 04:33:42 EST BMW CEO Harald Krueger says the automaker is keeping all options open for a possible merger of its car-sharing company DriveNow. BMW became the sole owner of the service after buying out car rental company Sixt. 2019 CT6 debuts Cadillac-exclusive twin-turbo 4.2-liter V-8 Wed, 21 Mar 2018 10:00:00 EST Cadillac, for the first time in 26 years, will have an exclusive engine -- a 4.2-liter twin-turbo V-8, making good on a 2016 promise by brand President Johan de Nysschen. Walmart expands car-buying service to 250 stores Wed, 21 Mar 2018 15:11:40 EST Walmart said it will expand a car-buying service offered to its customers by opening 250 CarSaver Shopping Centers at its stores. Tech expert tapped for J.D. Power CEO slot Wed, 21 Mar 2018 12:38:53 EST Consumer survey giant J.D. Power has tapped technology sector veteran and car guy Dave Habiger as its next leader, replacing outgoing CEO Finbarr O'Neill. Auto lending landscape forecast to change Wed, 21 Mar 2018 11:30:00 EST Even a modest rise in interest rates, plus tighter lending standards, could impact consumers' vehicle choices, sales and production volumes, dealers' inventory acceptance and lenders' loss risk, experts say. Geely profit more than doubles on domestic demand Wed, 21 Mar 2018 06:28:01 EST Geely Automobile Holdings' profits more than doubled in 2017, driven by strong domestic sales of popular SUVs. BMW increases spending for electric, autonomous cars Wed, 21 Mar 2018 05:33:09 EST BMW said it will increase research and development spending to an all-time high of up to $8.6 billion this year as its expands its electrified lineup. The company also warned of a possible impact from trade barriers and customs duties in the U.S. Nissan prepares for Formula E Wed, 21 Mar 2018 00:01:00 EST One of the new videos to join our viral charts is all about Nissan's Formula E race car. Mitsubishi Eclipse Cross campaign gets brand's biggest marketing campaign in more than decade Tue, 20 Mar 2018 13:33:20 EST Mitsubishi has returned to network TV in its biggest marketing push in over a decade -- one that features the 2018 Eclipse Cross and underscores the brand's renewed commitment to the crossover market. CDK's purchase of Auto/Mate blocked by FTC Tue, 20 Mar 2018 14:27:36 EST CDK Global's planned acquisition of Auto/Mate, a smaller provider of dealership management systems, has been blocked by the Federal Trade Commission. Nissan promotes U.S. execs Randy Parker, Judy Wheeler Tue, 20 Mar 2018 13:59:06 EST Nissan North American has reassigned several of its top sales executives, including Infiniti chief Randy Parker and Nissan brand sales executive Judy Wheeler, to new posts. Group 1's launch of older used-car brand to eat into earnings Tue, 20 Mar 2018 17:07:06 EST Group 1 Automotive expects weak first-quarter earnings after launching a branded line of high-mileage used vehicles and spending more on service personnel. Arizona emerged as self-driving hotbed before deadly Uber crash Tue, 20 Mar 2018 07:41:23 EST The technology behind autonomous vehicles has originated from coders in Silicon Valley, engineers in Detroit and academic researchers in Pittsburgh. Much of it eventually lands on the streets of Arizona. Public auto retailers push toward online sales Mon, 19 Mar 2018 00:01:00 EST Most public auto retailers are slowly moving toward allowing consumers to complete a full vehicle purchase online. Daughter's digital digging helps mom make a deal Mon, 19 Mar 2018 00:01:00 EST When Automotive News editor Sharon Silke Carty's mom in New Jersey sought help buying a car, she went online to see what she could do from Michigan. Find a CPO hatchback online? Not so easy Mon, 19 Mar 2018 00:01:00 EST A online search for the perfect CPO hatchback quickly turned into a technological nightmare, including accusations of attempted fraud. Do online sites help simplify the purchase? Not so much Mon, 19 Mar 2018 00:01:00 EST Buying a vehicle online can be complex and irritating, with many well-hyped promises unkept, Automotive News' Michael Wayland found while searching for a practical daily commuter car. Waymo CEO John Krafcik to keynote Automotive News Europe Congress Mon, 19 Mar 2018 00:01:00 EST John Krafcik, CEO of Waymo, the Google affiliate working on autonomous vehicle technology, will be the keynote speaker at the Automotive News Europe Congress in Turin on June 6. Mercedes mapping out subscription program for U.S. Mon, 19 Mar 2018 00:01:00 EST Mercedes is testing a subscription service at the two largest dealership groups in its German retail network. Skoda expects Citigo EV to counter risk of CO2 emissions fines Mon, 19 Mar 2018 00:01:00 EST Skoda will launch a full-electric version of its Citigo minicar after its push into the hot-selling SUV market put the automaker at risk of fines for missing EU CO2 emissions reduction targets. Why Lotus CEO expects record-breaking results from 3 new models Mon, 19 Mar 2018 00:01:00 EST Lotus has reason to be optimistic after Geely took a majority stake in the niche UK automaker last year. Mercedes mapping out subscription program for U.S. Mon, 19 Mar 2018 00:01:00 EST Britta Seeger, Mercedes-Benz's global sales chief, says dealers are cool with the subscription service it is launching in Germany and plans to bring it to the U.S. Japan's automakers warn of higher vehicle prices Mon, 19 Mar 2018 00:01:00 EST Japan's automakers warn that car prices will rise following President Donald Trump's new tariffs on steel and aluminum. Survey finds growing number of car buyers do most steps online Mon, 19 Mar 2018 00:01:00 EST In a survey, 15 percent of respondents said they did a significant part of the transaction online for their most recent vehicle purchase or lease. Cox launches Accelerate digital tool in Las Vegas Mon, 19 Mar 2018 00:01:00 EST Cox Automotive says it has a way to help car buyers shave up to an hour from the time they spend in dealerships. Detroit's auto show needs to escape the winter Mon, 19 Mar 2018 00:01:00 EST The merits of moving the Detroit auto show from January to October are obvious. It's time to quit staging the show in the depths of winter. Volvo dealers worried about subscription models Mon, 19 Mar 2018 00:01:00 EST Volvo's new subscription service and its plans for its Lynk and CO brand to sell vehicles directly to consumers have stirred unrest among the Swedish automaker's approximately 300 U.S. dealers. Tight supply of Cayennes for Porsche Mon, 19 Mar 2018 00:01:00 EST Porsche dealers expect to exhaust their stocks of the Cayenne midsize crossover before a redesigned version arrives in the U.S. this summer. Infiniti zeros in on redesigned QX50, inventories Mon, 19 Mar 2018 00:01:00 EST An eagerly looked-for QX50 redesign arrives this month, as Infiniti keeps a stern eye on inventories. Losing MK names should lift Lincoln sales, dealer says Mon, 19 Mar 2018 00:01:00 EST The head of the Lincoln National Dealer Council says he was never a fan of the brand's MK product names and thinks the decision to change them will help sales. Jackson ignores back of the store Mon, 19 Mar 2018 00:01:00 EST AutoNation's Mike Jackson looks only at the front of the dealership (sales), just like most other dealers and chain store operators. More money for marketing, BMW dealers say Mon, 19 Mar 2018 00:01:00 EST With a long lineup of new and redesigned vehicles coming in the next year, BMW dealers think the automaker should increase its marketing spend. Solar eclipse started Mitsubishi's Eclipse buzz Mon, 19 Mar 2018 00:01:00 EST The 2018 Eclipse Cross is just what Mitsubishi dealers have been clamoring for, says the chairman of the brand's national advisory board. Dealers upbeat ahead of spring sales time Mon, 19 Mar 2018 00:01:00 EST Dealers, always an optimistic group, are nearly euphoric heading into the spring selling season, a survey found, due apparently to federal tax changes. Nexi AI helps dealers manage used-car lots Sat, 17 Mar 2018 00:01:00 EST Cox Automotive's vAuto unit says its new Nexi, designed to aid dealerships' used-car operations, is the first AI digital assistant for auto retailers. BMW, Mercedes win with diesels in Korea Fri, 16 Mar 2018 00:01:00 EST It's only been a couple of weeks since the 2018 Winter Olympics in Pyeongchang concluded, but for two of Germany's major premium brands, BMW and Mercedes, the hunt for gold in South Korea continues.