Retail

Ford hires ex-GM data whiz to revamp analytics

12:01 am U.S. ET | Dec. 22, 2014
Ford Motor Co.'s hiring last week of a new senior officer illustrates the auto industry's accelerating dive into big data.... Read More »

 

Patti Swope says dad with her 'in spirit' as she takes helm of dealer group

12:01 am U.S. ET | Dec. 22, 2014
Sam Swope died at 88 on Dec. 9, less than a month before his only daughter was to take over as CEO of the Louisville, Ky., group.... Read More »

 

Miami auto show seeks to ride Latin identity into the big leagues

12:01 am U.S. ET | Dec. 22, 2014
Organizers of the Miami International Auto Show hope to capitalize on the arrival of well-heeled Latino buyers to make the show a major annual event. As the U.S. moved to restore diplomatic relations with Cuba last week, Miami was looming even larger as a potential hotbed of the car business.... Read More »

 

Cars to Cuba? It's complicated

12:01 am U.S. ET | Dec. 22, 2014
The political struggle over easing trade restrictions is just one barrier to reviving U.S. auto sales in Cuba. Another major headwind is purely economic: Nearly all Cubans live modestly and cannot afford new or used American cars.... Read More »

 

GM hustles to make the Malibu competitive

12:01 am U.S. ET | Dec. 22, 2014
Car executives typically don't talk about future models more than a year before they hit showrooms for fear of dampening enthusiasm for the current one. But in the case of the Chevrolet Malibu, there's not much enthusiasm to dampen.... Read More »

 

Obituaries

12:01 am U.S. ET | Dec. 22, 2014
hird-generation Chrysler dealer Bill Snethkamp, president of Bill Snethkamp's Chrysler-Dodge-Jeep-Ram in Lansing, Mich., died here Dec. 12 at 65.... Read More »

 

Ram ProMaster City to fight Ford, Nissan for cargo haulers

12:01 am U.S. ET | Dec. 22, 2014
Ram's new 2015 ProMaster City small commercial van, a Ford Transit Connect fighter, is aimed at businesses that need small, inexpensive cargo vans.... Read More »

 

AutoTrader adds dealer reviews

12:01 am U.S. ET | Dec. 22, 2014
Bowing to the popularity of dealer reviews, AutoTrader.com will add those reviews to its website after long resisting them.... Read More »

 

Acura expects leasing to rise

12:01 am U.S. ET | Dec. 22, 2014
Acura should see a "steady lift" in leases as part of its U.S. sales volume in 2015, Mike Accavitti, Acura general manager, said.... Read More »

 

Volvo wants online leads, not online sales, in U.S.

12:01 am U.S. ET | Dec. 22, 2014
Volvo's online vehicle sales in the United States will resemble a lead-generating service, with shoppers selecting a model and putting down a deposit, the company's U.S. chief says.... Read More »

 

Manheim aims to get auctions done faster

12:01 am U.S. ET | Dec. 22, 2014
In October, Manheim began requiring sellers to set the starting bid on their vehicles no lower than three bids below their floor price.... Read More »

 

NextGear opens to franchise dealers

12:01 am U.S. ET | Dec. 22, 2014
NextGear Capital, a sibling to auction giant Manheim, now is offering loans to finance franchise dealerships' new- and used-vehicle inventory.... Read More »

 

50-year award

Dealers

12:01 am U.S. ET | Dec. 22, 2014
Dealers featured this week include Emil Ewald, Kurt Gerrish, Bruce Farrell, Tom Kleinhardt, Terry Kunes, Rick Hendrick, David Fischer, Dan Fabrizio, and Jimmy Williams.... Read More »

 

Next AIADA chair to speak out on CFPB crackdown Ryan Beene

12:01 am U.S. ET | Dec. 22, 2014
Bradley Hoffman, incoming chairman of the American International Automobile Dealers Association, says he plans to speak out about the Consumer Financial Protection Bureau's controversial positions on automotive lending.... Read More »

 

BEST PRACTICES

Second-chance store lets staff shine

12:01 am U.S. ET | Dec. 22, 2014
At AutoNation’s Houston Mitsubishi store, General Manager Irfan Siddiqui has found top performers by hiring people who have struggled in their roles at other nearby AutoNation dealerships.... Read More »

 

LETTER TO THE EDITOR

Digital storefront is a gutsy move

12:01 am U.S. ET | Dec. 22, 2014
At Foresight Research, we believe AutoNation is making a gutsy move by building a digital storefront for new-auto purchasers.... Read More »

 

In Russia, all are losing, but none are leaving

12:01 am U.S. ET | Dec. 21, 2014
Despite suffering heavy losses in Russia's sinking economy, global automakers say they still expect a long-term payoff from their huge investments there.... Read More »

 

JIM HENRY

Free of U.S. ownership, Ally expects cheaper funds, maybe more subprime deals

3:13 pm U.S. ET | Dec. 19, 2014
Ally Financial is “free at last,” to borrow a phrase CEO Michael Carpenter used earlier this year to describe how it would feel for Ally finally to put six years of government ownership behind it.... Read More »

 

Nissan tops 100,000 sales in Canada for first time, gains market share

2:02 pm U.S. ET | Dec. 19, 2014
Nissan said its sales in Canada have reached a record-breaking 100,000 new vehicles this year.... Read More »

 

CarMax says Q3 net income rose 22% to $130 million

9:14 am U.S. ET | Dec. 19, 2014
CarMax, the largest used-car seller in the United States, said net income surged 22 percent in its third fiscal quarter as easier credit boosted vehicle sales.... Read More »

 

Ghosn says ruble plunge a 'bloodbath' for automakers

Dec. 19, 2014 10:04 CET
The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. Nissan and Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble continues to fall, he said.... Read More »

 

Ally's six-year bailout ends after U.S. sells $1.28 billion stake

7:48 pm U.S. ET | Dec. 18, 2014
The Treasury disposed of its remaining $1.28 billion stake in auto lender Ally Financial, resolving the last big bailout from an emergency government program to halt the 2008 financial crisis. Ally said the government ultimately gained $2.4 billion from its investment.... Read More »

 

U.S. gas prices drop below $2.50 a gallon, boosting year-end auto sales

1:34 pm U.S. ET | Dec. 18, 2014
U.S. drivers are paying less than $2.50 a gallon at the gasoline pump for the first time in more than five years, giving a lift to year-end car sales.... Read More »

 

Dealertrack expands beyond U.S. with acquisition of German software provider

11:54 am U.S. ET | Dec. 18, 2014
Dealer software giant Dealertrack Technologies is expanding beyond North America with the acquisition of incadea, a dealer software provider based in Germany. Dealertrack plans to pay just over $190 million in cash for publicly traded incadea, the companies said today.... Read More »

 

GM, Audi, Jaguar halt Russia sales on ruble's collapse

Dec. 18, 2014 13:12 CET
GM, Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse.... Read More »

 

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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