In Texas, manufacturers are prohibited from selling directly to consumers. So what is Tesla doing with a retail store in the Galleria shopping mall in Houston? On-site employees will do everything but sell the car.
Oregon dealer's floating green turns a pond into a sales tool
Shares in Navistar International, the truck- and engine-maker trying to end losses, rose the most in more than a month after it averted a proxy fight with investor Carl Icahn by agreeing to accept three new directors.
Thirty-three innovations, in such diverse areas as turbochargers, short-range radar and infotainment, are vying as finalists for the 2013 Automotive News PACE Awards. The 19th annual awards honor auto suppliers' innovations in products, manufacturing processes and information technology.
Attorneys for Eagle Auto Mall, Terry Morris Chrysler-Jeep and Chrysler Group are scheduled to meet Thursday in a final pre-trial conference to hammer out a settlement or set a court date in a lawsuit that stems from when the dealerships were rejected during Chrysler’s bankruptcy.
The trust that manages health care for Chrysler retirees wants Sergio Marchionne to pay as much as possible for the trust's pool of Chrysler stock. Marchionne -- in his role as CEO of Fiat S.p.A., which owns 58.5 percent of Chrysler -- wants to pay as little as possible.
Small cars are selling big for brands from Chevrolet and Fiat to Toyota, Volkswagen and Honda, on pace to capture the largest share of the United States auto market since 1993 and driving the best sales month in four years.
Toyota, Nissan, and Honda plan to slash production in China by roughly half, the Nikkei newspaper reported today, as a territorial dispute between Asia's two largest economies cuts sales of Japanese cars in the world's biggest auto market.
"You're driving a spaceship." That's what Megan Jacoby tells customers when she pitches an extended-service contract to them. And when Jacoby, the finance director at Bob Smith BMW in Calabasas, Calif.
General Motors plans to create 1,500 jobs at a new software development center in Michigan as part of the automaker's previously announced plan to shift information technology work back into the company.
The current Mazda6 was designed to compete with such family favorites as the Honda Accord and Toyota Camry. That was a mistake, says Hiroshi Kajiyama, program manager for both the current Mazda6 and the redesigned 2014 model that goes on sale in January.
Audi bucked Europe's economic downturn by increasing sales in the region last month. Growth in Europe, the United States and China helped the automaker to boost its September global sales by 13.6 percent.
Dealers can't finance their floorplan. Incentives are running at 30 percent as sales hit historic lows. Some companies are stockpiling inventory just to keep the factories running. Cash is burning. Detroit, circa 2008? Yes and no Jason Stein is editor of Automotive News.
Nissan wants to produce more Infinitis in North America. Colin Dodge, chairman of Nissan Americas, said shifting production out of Japan to the United States or Mexico is "common sense" given the strength of the Japanese yen.
Nissan Motor Co., looking to bolster lackluster sales of its Leaf electric vehicle, will roll out a lower-priced variant for 2013. The entry trim level will be positioned below the two variants already offered, people familiar with the plan say.
Wholesale used-car prices are expected to soften further next year but not fall precipitously, despite projections of more off-lease vehicles entering the market than in any of the previous three years.
General Motors Financial Co. has created online tools to help dealerships process off-lease vehicles, starting in December. The tools also will provide dealerships easy access to off-lease vehicle inspection reports and give dealers who accept the off-lease vehicles first shot at buying them.
We have put up with a lot of driver distractions over the decades. No one really cared when you grabbed a Coca-Cola and went driving down the road. And long before anyone had heard of cupholders, we grabbed a cup of hot coffee and found some place to set it.
If political leaders in Europe can't agree on ways to cooperate, they should at least find common ground on this: If there is a bottom to the financial mess, it has yet to be reached. That's bad news for everyone, including car companies and their suppliers that are based in North America.