Retail

Musk's 'Teslaquila' prompts sobering opposition from the tequila industry

Elon Musk and Mexico's tequila producers could be headed for a collision after the drink's industry group opposed the Tesla CEO's efforts to trademark an alcoholic drink dubbed "Teslaquila."


Tesla joins with GM, Nissan to press for extended electric car credit

The EV Drive Coalition, which counts Tesla, General Motors and Nissan among its members, formally launched with the goal of getting Congress to extend the $7,500 per-vehicle consumer tax credit.

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Volvo's subscription service copes with its success

Volvo's early success with its car subscription plan has put the company in an enviable position as automakers tinker with business models that don't revolve around traditional car ownership. But it has led to unforeseen challenges, namely a backlog of orders and tension with dealers.

Retailer prioritizes female service providers

At Carter Myers Automotive, 18 of 40 service advisers — 45 percent — are women. That puts the retailer well beyond its peers, and the dealership group is reaping benefits in parts-and-service sales and customer outreach.

UPDATED: 11/8/2018 5:52 pm ET - adds details
Volvo, citing U.S.-China trade dispute, shuffles production plans

Volvo canceled plans to export S60 sedans from its first U.S. plant to China, just months after starting output. Volvo also will stop importing XC60 SUVs and dramatically reduce shipments of S90 sedans from China to the U.S.

Asbury puts store expansion on its to-do list

Asbury Automotive executives said the group is interested in entering new markets as well as acquiring "tuck-in" stores, generally described as one or two stores that help round out a retailer's presence in an existing market.

AutoNation: Which new products need boost?

Next year, AutoNation will be ready to hand off its brand extension strategy to a new leader and decide in which elements of the brand extension to invest its capital and management expertise.

Walmart partners with Advance Auto Parts

Walmart announced a partnership with Advance Auto Parts that will create an automotive specialty store on Walmart.com. The news comes one day after its competing retailer Sears filed for bankruptcy.


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