Retail

Lexus to offer direct line to dealer service

12:01 am U.S. ET | Sept. 5, 2015

All 2016 Lexus vehicles will have a new subscription-based telematics system called Enform Service Connect, which will allow dealers to look up error codes in a customer's vehicle remotely.... Read More »

AutoNation to launch $16M ad campaign for cancer research, bowl game

12:01 am U.S. ET | Sept. 5, 2015

AutoNation plans to launch a $16 million advertising campaign this month designed to raise money for breast cancer research and promote the retailer's sponsorship of a college football bowl game.... Read More »

Dodge joins the Star Wars promotional blitz with Stormtrooper Chargers

1:54 pm U.S. ET | Sept. 4, 2015

Dodge provided eight Chargers, including a Hellcat, for a Hot Wheels promotion with Uber today in New York that coincides with the toy car maker's release of Star Wars: The Force Awakens merchandise.... Read More »

China auto sales will stagnate for two years, firm predicts

3:42 pm U.S. ET | Sept. 4, 2015

Investment research firm Morningstar is forecasting the Chinese auto industry will stagnate for the next two years before returning to growth. In a Thursday report on European automakers, Morningstar predicted new-vehicle sales in China will fall this year and again in 2016, as a result of the country's economic turmoil and declines in its stock market.... Read More »

Wireless car updates to save billions, transform service experience, IHS predicts

11:55 am U.S. ET | Sept. 4, 2015

Over-the-air software updates are set to save automakers billions of dollars over the next decade and could fundamentally alter the relationship between drivers, automakers and dealerships, an IHS Automotive study reported.... Read More »

Mercedes sales rise 18% in August on China surge

Sept. 4, 2015 15:28 CET

Mercedes' brand sales increased 18 percent in August, marking the 30th consecutive month of record sales at the automaker. Demand was particularly robust in China, where sales rose 53 percent. Eight-month brand sales were up 15 percent to 1.18 million.... Read More »

Western Europe car sales rise 10% in August, boosted by Germany, UK, Spain

Sept. 4, 2015 13:58 CET

Western European car sales jumped 9.6 percent in August, boosted by buoyant demand in Germany, the UK and southern Europe, data from analysts LMC Automotive showed.... Read More »

Continental's finance chief calls China stock effect an 'overreaction'

Sept. 4, 2015 12:31 CET

Continental's finance chief, Wolfgang Schaefer, called last week's China-related global stock slide an "overreaction" and said he still sees growth in the nation's auto industry next year.... Read More »

UK new-car sales rise 10%, helped by cheap financing deals

Sept. 4, 2015 11:58 CET

UK car sales jumped by nearly 10 percent in August as consumers took advantage of attractive financing deals that helped drive the 42nd consecutive month of sales increases.... Read More »

Jaguar offers free maintenance, cuts prices in U.S.

10:30 am U.S. ET | Sept. 3, 2015

Jaguar is lowering its prices and rolling out free scheduled maintenance in the United States to remove what customers cite as key reasons consumers reject the British brand: high purchase and maintenance costs.... Read More »

TrueCar inks partner deal with Sam's Club

3:01 pm U.S. ET | Sept. 3, 2015

TrueCar gained a key ally today with the announcement that it will partner with Sam's Club to offer members access to a new-car buying program. The Auto Buying Program will allow Sam's Club -- a membership-only warehouse division of Wal-Mart Stores Inc. -- to offer targeted savings through TrueCar on specific brands.... Read More »

Turkish auto sales rise 37% in August

Sept. 3, 2015 11:44 CET

Turkish sales of passenger cars and light commercial vehicles jumped 37 percent in August, helping eight-month registrations rise by 47 percent.... Read More »

Tesla will begin deliveries of Model X on Sept. 29

Sept. 3, 2015 11:17 CET

Tesla will begin delivering its Model X electric crossover at the end of the month. The Model X will launch with a premium-priced special version called the Signature series that will cost between $132,000 and $144,000.... Read More »

Average U.S. new-vehicle mpg falls in August

2:13 pm U.S. ET | Sept. 2, 2015

The average stated fuel economy of new light vehicles sold in the United States fell in August and is down nearly 2 percent from the record high set a year ago, a University of Michigan report released today said.... Read More »

Nissan marketing exec Mohnke adds U.S. sales duties

11:50 am U.S. ET | Sept. 2, 2015

Nissan North America's chief marketing officer Dan Mohnke will add U.S. sales to his responsibilities beginning today, the automaker said in a news release.... Read More »

Maserati dealer sues factory, alleging padded sales

3:04 pm U.S. ET | Sept. 2, 2015

A Maserati dealer has sued Maserati North America, saying the auto company insisted the dealership misrepresent sales, reporting 2014 vehicle sales as much as quadruple what they actually were, and discriminated against dealers who refused to participate, according to a complaint filed Friday, Aug. 28.... Read More »

AutoNation August sales drop 5% on calendar quirk

11:38 am U.S. ET | Sept. 2, 2015

AutoNation’s U.S. new-vehicle retail sales fell by 5 percent from a year prior to 31,032 vehicles in August, a decline driven largely by a drop in import sales and the Labor Day weekend falling completely in September this year.... Read More »

HANNAH LUTZ

BLOG: Will Gen Y push leasing sea change?

11:45 am U.S. ET | Sept. 2, 2015

When millennials are itching to get into a brand new car, many look to leasing.... Read More »

Lincoln's captive launches free services for consumers

11:45 am U.S. ET | Sept. 2, 2015

Lincoln's captive finance arm launched a free credit monitoring and identity-theft protection package for all U.S. consumers who finance or lease with the lender. Lincoln Automotive Financial Services introduced the package on July 31.... Read More »

Lease penetration rate warrants scrutiny, observers say

12:45 pm U.S. ET | Sept. 2, 2015

Leasing has accounted for a quarter of new-vehicle sales for more than a year. That might imply stability, but industry watchers say leasing penetration deserves close monitoring. With new-vehicle prices going up, many consumers lean toward leasing because they cannot afford new vehicles.... Read More »

Plunging oil prices could affect auto delinquencies, TransUnion warns

12:30 pm U.S. ET | Sept. 2, 2015

Lost wages from plunging oil prices are expected to raise auto loan delinquencies in Canada, TransUnion says, and the company is watching for changes in the U.S.... Read More »

Hyundai brings back Nissan's Hatami as U.S. sales chief

8:00 am U.S. ET | Sept. 2, 2015

Derrick Hatami, who left Hyundai last January to become U.S. sales chief at Nissan, will return to Hyundai to fill the company's new vacancy for a U.S. sales chief.... Read More »

Volvo sales rise 3% in August as U.S. demand offsets slowing China

Sept. 2, 2015 11:38 CET

Volvo's global car sales rose 3.2 percent in August as strong growth in the U.S. helped offset a continued slide in China, which has been hit by slowing growth and stock market turmoil.... Read More »

Opel will launch online retail banking in Germany

Sept. 2, 2015 12:24 CET

Opel will push into online retail banking in Germany and use consumer deposits to broaden the base of its financing operation.... Read More »

AUGUST U.S. SALES

Sales edge down but SAAR soars to 17.81 million

8:00 am U.S. ET | Sept. 1, 2015

U.S. light-vehicle sales slipped 0.7 percent, far better than projections of a 3.3 percent dip, to 1.505 million in August as consumers shrugged off volatile stock prices and continued to splurge. The annualized pace of sales soared to 17.81 million, the highest rate since July 2005 and the strongest month of the 6-year recovery.... Read More »

Automotive News Cover
News by Brand