Retail

Skoda may outsource non-core services

July 3, 2015 06:15 CET

Skoda says it is examining whether to outsource certain parts of its non-manufacturing business such as peripheral services, and has initiated negotiations with local unions over such a move.... Read More »

NASCAR, sponsors cool on Confederate flag, but fans still fly it

12:01 am U.S. ET | July 3, 2015

NASCAR's move to get rid of the controversial Confederate flag after the murder of 9 black worshippers in South Carolina comes as the racing circuit and track owner courts major new corporate sponsors such as GM, Toyota and Microsoft.... Read More »

Art Moran, longtime Detroit-area dealer, dies at 89

6:45 pm U.S. ET | July 2, 2015

Art Moran, a longtime dealer in suburban Detroit, died Wednesday. He was 89.... Read More »

Truck, luxury car demand drive record June sales in Canada

1:38 pm U.S. ET | July 2, 2015

A healthy appetite for trucks and luxury cars pushed auto sales in Canada to a record high for June, according to data released on Thursday.... Read More »

FCA outsells Ford on retail side for first time? Not so fast

1:30 pm U.S. ET | July 2, 2015

June wasn't the first month that Fiat Chrysler outsold its bigger rival Ford on a retail basis in the U.S. In fact, it's happened at least twice before, says FCA -- once in November 2006, and again during one of the most tumultuous months for the industry in recent history, February 2009.... Read More »

Hellcats star in new Dodge image campaign

10:07 am U.S. ET | July 2, 2015

Dodge is launching an ad campaign this weekend starring the Hellcat trims of the Challenger and Charger, along with the Viper GTS. The production, titled “Predators,” has 30- and 90-second cuts and uses the Phil Collins hit “In the Air Tonight” as a surprisingly mellow backdrop while the roaring cars tear up Miami streets.... Read More »

AutoNation's 9% June sales increase outpaces industry

10:12 am U.S. ET | July 2, 2015

AutoNation said today its U.S. new-vehicle sales rose 9 percent in June from a year earlier to 27,862, making it the retailer’s best June since 2005.... Read More »

Tesla vehicle sales rise 52% in Q2

7:54 am U.S. ET | July 2, 2015

Tesla Motors beat its car-sales forecast for the second consecutive quarter with a 52 percent surge in the three months through June.... Read More »

BMW begins tests of fuel-cell car developed with Toyota

6:45 am U.S. ET | July 2, 2015

BMW will test a vehicle powered by hydrogen fuel cells -- developed with Toyota -- for the first time on public roads this month as the German automaker looks to expand clean-car offerings after rolling out the battery-powered i3 in 2013.... Read More »

German car sales rose 13% in June, helped by extra sales days

July 2, 2015 12:05 CET

New-car registrations in Germany increased 13 percent in June, helped by two extra sales days and a growing economy. The surge mirrors strong gains in France, Italy and Spain, suggesting the region is maintaining its steady recovery despite worries about a Greek exit from the euro.... Read More »

FCA tops Ford in retail sales for first time, reports say

1:04 pm U.S. ET | July 1, 2015

Fiat Chrysler Automobiles' retail sales in the U.S. topped Ford Motor Co.'s in June, the first month that's happened, CNBC and Bloomberg reported.... Read More »

JUNE U.S. AUTO SALES

Trucks drive sales up 3.9%; SAAR hits 17.16 million

8:30 am U.S. ET | July 1, 2015

U.S. light-vehicle sales, fueled by strong truck volume at Nissan, Fiat Chrysler, Honda and Toyota, rose 3.9 percent last month as the industry continued to climb toward one of its biggest sales years ever. The seasonally adjusted sales rate came in at 17.16 million, slightly below forecasts, and down from May's 17.78 million rate but higher than the 16.91 million pace set in June 2014.... Read More »

Honda posts 4.2% U.S. gain in June

4:30 pm U.S. ET | July 1, 2015

Sales at American Honda rose 4.2 percent in June, thanks to robust Honda truck volume and a strong performance by Acura's sedans, a rare bright spot among cars across an industry riding a wave of light-truck sales.... Read More »

JESSE SNYDER

BLOG: Look out! Still water ahead

4:30 pm U.S. ET | July 1, 2015

June was another good sales month. We’ve had a good first half, and a great six-year run-up. But expect to start seeing some separation among competitors.... Read More »

VW rides hot Golf, Audi to 2nd straight monthly gain

12:00 pm U.S. ET | July 1, 2015

The red-hot Golf lineup drove Volkswagen of America to its second-straight monthly U.S. sales gain in June.... Read More »

Ford expects second-half rally for F series as inventory builds

11:00 am U.S. ET | July 1, 2015

Ford posted a 1.5 percent increase in U.S. light-vehicle sales last month, even as F-series deliveries declined to the lowest level since January.... Read More »

Strong truck volume helps Toyota offset weak car demand

3:30 pm U.S. ET | July 1, 2015

Toyota Motor Sales, boosted by strong light-truck volume, rebounded from a sales decline in May to post a 4.1 percent jump in June deliveries.... Read More »

FCA up 8.2% on strong Jeep, Chrysler 200 sales

9:00 am U.S. ET | July 1, 2015

The Jeep brand and the Chrysler 200 both helped push Fiat Chrysler's June sales up 8.2 percent, the automaker's best sales for the month of June since 2006. FCA US said it had 185,035 sales in June, its 63rd consecutive month of year-over-year sales gains.... Read More »

Honda, Toyota, Nissan captives face charges of discrimination, report says

12:00 pm U.S. ET | July 1, 2015

The captive finance arms of Honda, Toyota and Nissan may have to limit how much they allow dealers to increase the cost of auto loans after regulators accused the lenders of unintentional discrimination against minority consumers. The CFPB plans to cite American Honda Finance, Toyota Motor Credit and Nissan Motor Acceptance as early as this month for unintentional discrimination, according to consent orders American Banker obtained.... Read More »

Rogue fires up Nissan sales

2:30 pm U.S. ET | July 1, 2015

Nissan Division posted a June sales record, gaining 13 percent over last year, thanks to big demand for its Rogue compact crossover. The brand is now looking for more production volume for the model -- which is already coming from three factories.... Read More »

GM tally dented by pullback in fleet business

11:00 am U.S. ET | July 1, 2015

A steep drop in sales to rental companies in June magnified General Motors' weak car sales, which sank 15 percent through the first half of the year.... Read More »

Hyundai ekes out a June record – by 95 cars

3:45 pm U.S. ET | July 1, 2015

By the skin of its teeth, Hyundai Motor America kept U.S. sales on an upward trajectory in June even as its parent company, Hyundai Motor Co., reported a third straight month of falling global sales.... Read More »

BMW slips past Mercedes with record June for U.S. luxury lead

3:21 pm U.S. ET | July 1, 2015

BMW took the lead over Mercedes-Benz in U.S. luxury-auto sales at the halfway point this year with its best-ever June.... Read More »

J.D. Power completes NADA car guide purchase

2:37 pm U.S. ET | July 1, 2015

J.D. Power completed its acquisition of NADA's Used Car Guide today after receiving approval from U.S. regulators.... Read More »

Dealers feel the need for speed in F&I

11:00 am U.S. ET | July 1, 2015

Where do you see the greatest opportunity for improvement in your dealership's F&I operations? Asked that question, Mary Byrne, a one-time retired dealer who now is the general manager of Bruce Titus Automotive Group, didn't hesitate. “It's speed,” she said.... Read More »

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