Headlines for Monday, September 9, 2013

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KEITH CRAIN

Doesn't anyone learn from history?

12:01 am U.S. ET | Sept. 9, 2013
It is possible that the National Highway Traffic Safety Administration might repeat one of its more memorable disasters.

Are e-contracts finally catching on?

12:01 am U.S. ET | Sept. 9, 2013
Could electronic vehicle finance contracts finally become a dealership norm as giants Toyota Financial Services and Ford Motor Credit Co. join other captive finance companies in adopting e-contracting?

When Gen Y meets F&I

12:01 am U.S. ET | Sept. 9, 2013
Kortney Malito knows how to sell finance and insurance products to Gen Y customers. He draws them a picture. By doing so, Malito turns the intangible into the tangible.

54% of Gen Y online shoppers open to buying any brand, J.D. Power finds

4:47 pm U.S. ET | Sept. 9, 2013
More than half of Gen Y online shoppers are open to buying any brand at the beginning of the shopping process, according to a new J.D. Power and Associates study released today.

Toyota repeats 780,000-vehicle recall

1:46 pm U.S. ET | Sept. 9, 2013
Toyota is recalling about 780,000 crossovers and hybrid sedans for a second time to fix looseness on rear-suspension lower arms that could cause the threads to rust and wear out, the National Highway Traffic Safety Administration said.

Hyundai workers end strike after wage deal reached

11:21 am U.S. ET | Sept. 9, 2013
Hyundai's unionized workers in South Korea voted in favor of a wage deal today, a union spokesman said, ending strikes that had hobbled production at the automaker's biggest manufacturing base.

Alfa product boss likens 4C performance to a Ferrari

12:01 am U.S. ET | Sept. 9, 2013
Alfa Romeo expects an image boost when the rear-wheel-drive, two-seat 4C goes on sale in Europe in September and in the United States by year end.

Pininfarina eyes comeback as coachbuilder

12:01 am U.S. ET | Sept. 9, 2013
The improved ability of automakers to build small batches of specialty cars in-house, combined with the global recession, made life difficult for boutique coachbuilders.

Following in dad's footsteps as dealer and as mayor

12:01 am U.S. ET | Sept. 9, 2013
Second-generation dealers are fairly common. Second-generation dealers as second-generation mayors, not so much. Tom Cole, 45, owner of Cole Chevrolet-Buick-GMC-Cadillac in Bluefield, W.Va., took office as mayor of the city on Aug. 1. He follows in the footsteps of his father, Paul Cole Jr.

Q&A: IAN ROBERTSON

BMW's Robertson predicts gains from technology, new segments

12:01 am U.S. ET | Sept. 9, 2013
BMW has big plans. Global sales and marketing boss Ian Robertson says the automaker will push into new segments, something it has successfully done in the past few years with vehicles such as the X1 and 1 series.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW's Robertson predicts gains from technology, new segments

Sept. 9, 2013 06:15 CET
BMW has big plans to move into new segments and push the boundaries of emerging technology. In an interview, the carmaker's sales and marketing boss Ian Robertson shared his vision of the future with Automotive News Europe.

Chrysler's effort for minority-owned stores gains traction

12:01 am U.S. ET | Sept. 9, 2013
Chrysler Group has minted a new African-American dealer under a minority development program launched two years ago.

Group 1 CEO sees little threat from higher interest rates

12:01 am U.S. ET | Sept. 9, 2013
Group 1 Automotive Inc. CEO Earl Hesterberg expects the U.S. auto market to remain robust, even with a likely rise in interest rates.

How Texas dealers slammed the door on Tesla

10:54 am U.S. ET | Sept. 9, 2013
As Tesla Motors fought legislative battles with dealers in numerous states this year, Texas became the only state in which the electric vehicle maker mounted a vigorous challenge to existing franchise laws. And it's the only state in which Tesla lost its fight outright.

GEN Y SPEAKS

3 millennials share tales of buying their cars

12:01 am U.S. ET | Sept. 9, 2013
Automotive News spoke with three 20-somethings about their dealership F&I experiences. Hear their advice on how dealers can better connect with Gen Y.

Experts: F&I tech tools are suitable for all ages

12:01 am U.S. ET | Sept. 9, 2013
Many older consumers like to use high-tech dealership tools -- such as e-contracting, video presentations for F&I products and customizable, electronic menus on iPads -- just as much as 20- and 30-something shoppers do, auto retailing experts say.

Pilot targets Gen Y outside F&I office

12:01 am U.S. ET | Sept. 9, 2013
An Ally Financial Inc. pilot that aims to help move finance and insurance product sales outside the finance office is launching in five U.S. dealerships.

Cal Worthington, California dealer with loony ads, dies at 92

11:03 pm U.S. ET | Sept. 9, 2013
Cal Worthington, the California car dealer whose outlandish commercials, first broadcast in the 1950s, captivated California television viewers and radio listeners for more than 50 years, died on Sunday at his ranch in Orland, Calif.

DAVE GUILFORD

Toyota bets its hybrids can win hearts of diesel-loving Europeans

5:15 pm U.S. ET | Sept. 9, 2013
Can hybrids woo European car buyers away from their traditional favorite fuel-economy technology -- diesels?

VIDEO: AutoNews Now: Ford not letting up on Prius

12:01 am U.S. ET | Sept. 9, 2013
Trumpeting C-Max Hybrid's mileage, despite reduced MPG rating; Jaguar plans all-aluminum sedan; four wheels, no wires.

2013 FRANKFURT AUTO SHOW

Jaguar preps mid-sized sedan off versatile aluminum platform

11:30 am U.S. ET | Sept. 9, 2013
Jaguar will launch a mid-sized sedan based on a new aluminum architecture in the United States in 2016, giving the company what it hopes will be a much-needed volume model to compete with German rivals.

DOUGLAS A. BOLDUC

Former BMW insider bullish on Jaguar crossover

12:01 am U.S. ET | Sept. 9, 2013
Former BMW product development boss Wolfgang Ziebart sees a lot of potential in Jaguar's C-X17 crossover concept. The crossover is underpinned by the same new aluminum architecture that Jaguar will use for its forthcoming mid-sized car.

2013 FRANKFURT AUTO SHOW

Hyundai plans 22 new models in Europe by 2017

Sept. 9, 2013 21:43 CET
Hyundai plans to roll out 22 new models in Europe over the next four years as it tries to rekindle its once double-digit growth rate.

VIDEO: First Shift: How Honda hit 50 mpg

12:01 am U.S. ET | Sept. 9, 2013
Engine, motor changes double Accord hybrid's mileage; Toyota repeats recall; Sergio skipping Frankfurt; self-driving Daimler?

Russian car sales fall for 6th straight month

Sept. 9, 2013 15:33 CET
Russian car sales fell for a sixth straight month in August, down 10 percent, although sales should stabilize by the year end.

2013 FRANKFURT AUTO SHOW

Jaguar will launch mid-sized sedan off its new aluminum platform in 2015

Sept. 9, 2013 17:30 CET
Jaguar will launch a mid-sized sedan based on a new aluminum architecture, giving the company a volume model to compete with German rivals. The C-X17 crossover concept at the Frankfurt show showcases the architecture.

Renault promotes Bollore, Stoll after departure of COO Tavares

Sept. 9, 2013 18:34 CET
Renault promoted internal executives to two new positions created following the resignation of COO Carlos Tavares. Thierry Bollore will focus on developing and building vehicles, while Jerome Stoll will be responsible for marketing and sales.

BEST PRACTICES

Mullinax thrives on a no-haggle heritage

12:01 am U.S. ET | Sept. 9, 2013
When it comes to no-haggle pricing, Larry and Jerry Mullinax have a huge advantage over other one-price dealers.

Ford's Odell: Europe has hit bottom

5:39 pm U.S. ET | Sept. 9, 2013
Ford's top executive in Europe said he sees signs that the European economy's tailspin has stopped. He cited business purchasing data, flattening of unemployment levels and the ability of hard-hit southern European countries to borrow.

DOUGLAS A. BOLDUC

Former BMW insider bullish on Jaguar crossover

12:01 am U.S. ET | Sept. 9, 2013
Jaguar and Lexus are using the Frankfurt auto show to send a message to their German rivals: the premium compact SUV segment is about to get even more competitive.

Lamborghini-Bentley SUV rivalry exposes VW's cutthroat brand strategy

3:19 pm U.S. ET | Sept. 9, 2013
Lamborghini's development maestro, Maurizio Reggiani, resigned himself to weeks of sleeping on the shop floor after parent Volkswagen Group pulled the planned debut of his SUV in favor of one from corporate cousin Bentley.

Hyundai plans 22 new models in Europe by 2017

3:43 pm U.S. ET | Sept. 9, 2013
South Korean carmaker Hyundai plans to roll out 22 new models in Europe over the next four years as it tries to rekindle its once double-digit growth rate.

Federal-Mogul plans move to smaller space

2:53 pm U.S. ET | Sept. 9, 2013
Auto supplier Federal-Mogul is planning to move 650-700 employees at its headquarters in suburban Detroit to a new office in a neighboring suburb next year.

Ohio AG sues used car dealer, says it didn't deliver titles

2:24 pm U.S. ET | Sept. 9, 2013
Ohio Attorney General Mike DeWine has filed a lawsuit against a used car dealership that has gone out of business, saying that it failed to deliver titles to customers who bought used vehicles.

M-B cuts price of new S class

12:01 am U.S. ET | Sept. 9, 2013
Mercedes-Benz USA is lowering the price of the redesigned S class by $2,100 from that of the outgoing version, while adding standard equipment. The lower price is part of an effort to maintain sales leadership in the premium luxury sedan segment, said CEO Steve Cannon.

Automotive News realigns editorial structure

12:01 am U.S. ET | Sept. 9, 2013
Automotive News has appointed Dave Versical director of the newsroom's editorial operations, Rick Johnson editor of the print publication and Philip Nussel editor of autonews.com.

New-style Sonata

12:01 am U.S. ET | Sept. 9, 2013
Spy photos of the 2015 Hyundai Sonata show that some big design changes are in store for the mid-sized sedan.

Opel cuts price of Ampera by 17% in Germany

Sept. 9, 2013 16:20 CET
Opel will cut the price of its Ampera plug-in hybrid by 17 percent to 38,300 euros ($50,400) in Germany as the automaker seeks to lift flagging sales of the model.

Marchionne skips Frankfurt on 'unforeseen' business commitments

6:37 am U.S. ET | Sept. 9, 2013
Fiat and Chrysler CEO Sergio Marchionne will not attend the Frankfurt auto show this week, Europe's biggest auto event, because of “unforeseen business commitments.”

Audi sales rise 10% in August on China, U.S. demand

Sept. 9, 2013 15:43 CET
Audi said global vehicle sales rose 10 percent last month thanks to strong demand from China and the United States.

2013 FRANKFURT AUTO SHOW

German premium carmakers accelerate the charge into crossovers

Sept. 9, 2013 12:10 CET
German carmakers are spearheading an expansion into the premium crossover segment, with BMW, Audi and Mercedes all planning to expand their portfolios, sources say.

Alfa Romeo and Chrysler delays cast cloud over Fiat

Sept. 9, 2013 10:58 CET
Fiat faces potential delays to its two main strategies -- relaunching its Alfa Romeo brand and taking full control of Chrysler Group -- putting a question mark over its ability to tap into any European market recovery.

2013 FRANKFURT AUTO SHOW A-Z GUIDE

Fast cars compete for attention with striking designs and key mainstream launches

Sept. 9, 2013 06:01 CET
At this year's Frankfurt auto show, fast but fuel-efficient supercars from German premium brands will compete for attention with striking design concepts from Jaguar and Lexus against a backdrop of key mainstream launches from European brands aiming to move upscale.

Automotive News
Special Video Report
Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan North America Chairman Jose Munoz has a tough goal to meet: Raise the combined U.S. market share of Nissan and Infiniti from 8.4 percent to 10 percent by March of 2017.
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