As he approaches the end of his 25-year career at Automotive News, Publisher Peter Brown hands out his last batch of Petey Awards. In this video, Brown names the winners and losers in 15 categories -- from worst car to best dealmaker.
Brown Automotive Group used to search far and wide for top talent, picking off store managers and executives who promised to work magic. That changed after the dealership group's president left for a job at Asbury Automotive Group.
In his 25th year as editor or editorial director of Automotive News, Peter Brown says he can now state with conviction that in the automotive industry, about every three years, everything you know is wrong.
The Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a federal program to spur advanced vehicle development.
Dealership groups that announce their first-quarter earnings over the next two weeks should see continued growth as new- and used-car sales outperform 2012 levels, analysts say. Asbury Automotive Group, Sonic Automotive and Lithia Motors release their quarterly reports this week.
Great Wall, China's largest SUV maker, expects to begin selling SUVs in the United States around 2015, possibly making it the first Chinese automaker to enter the American market in volume, the president of the company says.
Each time An Fu Ford, a dealership in the western Chinese city of Chongqing, sells a car, workers fire a confetti cannon, showering the parking lot with colorful scraps of paper. There’s a lot of paper to sweep up these days.
More than half of Americans have smartphones in their pockets or purses, and mobile devices have taken on a major role in the car-buying process, especially in the critical later stages. The ubiquity of mobile devices means shoppers can find out easily if a store across town offers a better deal.
Mercedes is accelerating its dealer expansion in China, streamlining sales and bringing out a number of new or revamped models in a bid to to fix past mistakes in the market that have contributed to a growing gap with premium rivals BMW and Audi.
Porsche has debuted a revamped version of its Panamera coupe at the Shanghai auto show where it sought to outshine Maserati's all-new Ghibli as both carmakers seek to attract customers in a luxury China market that is predicted to keep growing strongly.
A year ago Toyota Motor Corp. executives in Japan questioned whether their U.S. factories could meet the exacting standards required to build Lexus vehicles. Now 50,000 units of the Lexus ES will be built in Kentucky starting in 2015.
Dave Schoch, Ford Motor Co.'s recently appointed Asia Pacific chief, shrugs off critics who say the automaker is a latecomer to China. The market's sheer size and rosy growth prospects should ensure soaring sales for Ford even as it plays catch-up, he says.
Many dealerships do not have formal guidelines advising salespeople or service technicians who test drive vehicles on public roads how to handle hostile situations, insurance safety executives say. And while it's unusual for an employee to be assaulted on the job, it does happen.
New Dodge CEO Tim Kuniskis, who was given high marks for turning around Fiat's launch in North America, takes over a brand with a shrinking lineup that is growing more dependent on cars, not light trucks.
The strong recovery of new-vehicle sales in the United States has been a boost for a generally flaccid economy. But there are potential bottlenecks in the supply chain that, if not corrected, could stymie model launches, impede sales growth and retard the economy
Automakers undergo intense manufacturing cost scrutiny to produce their products more efficiently. Why, then, do those same automakers impose unnecessarily expensive dealer facility requirements, which counteract their production savings?
A Toyota dealership that routinely serviced a 1995 Corolla for the original owner must defend a failure-to-warn airbag deployment suit brought by an injured plaintiff who bought the car used, a split Louisiana Court of Appeal panel has ruled.
The deadly explosion at a fertilizer plant in the small town of West, Texas, last week damaged a nearby General Motors store and spurred local dealers to organize efforts to help heal their ravaged community.