AutoNation's Jackson praises Trump's anti-regulatory stance
On topics from President Donald Trump to hybrid cars, AutoNation CEO Mike Jackson was his usual outspoken self at the NADA/J.D. Power Automotive Forum.
Incentives will hit $4K per car, cut profits, analyst predicts
The U.S. auto industry's typical short-term focus on boosting sales with incentives is endangering profits years down the road, an analyst said at the NADA/J.D. Power Automotive Forum in New York.
GM joins chorus warning used-car prices to fall amid glut
GM said a glut of used vehicles will return to market after their leases expire and drag on its finance unit this year, following similar warnings by peer Ford and lenders such as Ally Financial.
CarGurus tests TV spots in 3 cities
Shopping site CarGurus is jumping into TV advertising today for the first time, as it continues to challenge rivals such as competitors Autotrader, Kelley Blue Book, Cars.com and Edmunds.
KBB, Cars.com top third-party sites in satisfaction, J.D. Power says
A J.D. Power study of third-party websites gave high marks to KBB.com and Cars.com. TrueCar slipped in the study's rankings.
Car shopping site CarGurus hires banks for stock offering, report says
CarGurus, a popular website where consumers go to browse cars, has tapped investment banks for an initial public offering later this year, people familiar with the matter told Reuters.
LETTER TO THE EDITOR
Bad ethics come from factory, too
The tactics often employed to bully dealers to participate in manufacturers' mostly self-serving, revenue-enhancing programs are why state franchise laws are in place.
Chuck Berry made car-buying rock
A huge reason cars and rock 'n' roll go together so well are the songs of early rocker Chuck Berry, who died this month at age 90.
Kelley Blue Book expands abroad
Kelley Blue Book is taking its online vehicle valuation and pricing tools overseas, starting with Portugal.
State Farm partners with Openbay for auto maintenance, repairs
State Farm Mutual Automobile Insurance has tied up with Openbay, an online marketplace for automotive maintenance and repair, the companies said.
Time for a quiz
A Federal Trade Commission report tallied 2016's consumer complaints to state and federal agencies and watchdog groups. These are the top 10 categories, in alphabetical order.
Car stocks swell, led by GM's
Automakers and dealerships face a growing glut of passenger cars as U.S. consumers' purchases swing to light trucks faster than automakers can adjust production.
Porsche stores repeat atop online response study
Porsche dealerships earned the top spot in Pied Piper's annual online lead-responsiveness study for the second year in a row, despite scoring three points lower than last year. The auto industry's overall performance for effective lead response has not improved in five years.
Reynolds and Reynolds President Ron Lamb steps down
Reynolds and Reynolds President Ron Lamb, a salesman-turned-digital visionary who sought to reinvent the dealership software giant, stepped down to pursue opportunities in private equity.
GM dials up discounts on pickups as rivals tread on turf
GM boosted incentives on big pickup models this month after its biggest foes gained ground, intensifying a price war within the U.S. auto market's most hotly contested segment.
The millennials are coming
So you thought millennials didn’t care about owning cars? Think again. They’re the fastest-growing segment among vehicle buyers and are likely to represent about 40 percent of the U.S. new car market by 2020.
Why did they buy? Millennials explain
Two millennial buyers explain their decisions to purchase a new car.
Millennials won't compromise on technology
Millennials are at ease with digital technology. That makes the 18- to 34-year-olds less willing to compromise on the features they want, experts say.
Sonic Q4 net income rises 21%; shares rise 9.3%
Sonic Automotive's fourth-quarter net income rose 21 percent to $37.6 million from the same quarter a year ago on the strength of service and parts and finance and insurance gains, executives said.
SUV discounts signal flagging demand, eroding auto profits
SUVs, overtaking sedans as the new American family car, have been so hot that automakers raced to supply the market. With inventory now piling up, profit-sapping rebates are on the rise.
eBay survey: 63% of car shoppers likely to buy online
A new eBay Advertising survey found that 63 percent of respondents are either “extremely likely” or “likely” to purchase a vehicle online in the future.