NADA
 

Tesla's Musk: I'll take store fight federal

12:01 am U.S. ET | April 15, 2013
If Tesla Motors CEO Elon Musk can't win against dealers at the state level, he will make a federal case of his bid to sell electric vehicles directly to the public through factory stores.... Read More »
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NADA: Dealer profit hits record in 2012

12:01 am U.S. ET | March 25, 2013
Rising new-vehicle sales lifted average dealership pretax profit to a record $843,697 last year, a National Automobile Dealers Association survey shows. The average store's 2012 profit rose 6 percent from the previous record set in 2011.... Read More »
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James Lawrence, NADA Used Car Guide publisher, dies

5:15 pm U.S. ET | May 14, 2013
James Lawrence, former publisher of NADA Used Car Guide, died May 6. He was 90.... Read More »
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Banks may be sued by U.S. for auto lending activities, report says

11:40 am U.S. ET | Feb. 21, 2013
The Consumer Financial Protection Bureau has told at least four banks that it may sue them over vehicle loans and interest-rate markups by auto dealers that appear discriminatory, three people briefed on the matter told Bloomberg.... Read More »
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A look at the dealership of 2025

12:01 am U.S. ET | Feb. 18, 2013
What will the ideal new-car dealership of 2025 look like and how will it operate? Much different from the dealership of today, according to the National Automobile Dealers Association's phase two facility study.... Read More »
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MAKE MEETINGS -- MITSUBISHI

Mitsubishi tells dealers it's staying in U.S.

12:01 am U.S. ET | Feb. 18, 2013
Mitsubishi Motors North America executives told a standing-room-only make meeting that the Japanese brand is committed to the United States and will double its marketing budget this year.... Read More »
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MAKE MEETINGS -- BUICK-GMC

Buick, GMC seek 10% sales gains

12:01 am U.S. ET | Feb. 18, 2013
Buick wants to continue driving its lease penetration higher with a zero-down-payment promotion this month, General Motors executives told dealers at the Buick-GMC make meeting.... Read More »
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MAKE MEETINGS -- AUDI

Audi to pump up U.S. supply of Q5s

12:01 am U.S. ET | Feb. 18, 2013
Audi of America's supply of Q5 crossovers will grow by about 8,000 in 2013, Audi executives told dealers during their make meeting. The move should ease shortages that frustrated dealers and customers last year.... Read More »
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MAKE MEETINGS -- KIA

The key word at Kia meeting was 'more'

12:01 am U.S. ET | Feb. 18, 2013
Kia told a full house of dealers that more models, more advertising and more sales and service business are headed their way in the coming years.... Read More »
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MAKE MEETINGS -- MINI

Mini boosts marketing budget 30%

12:01 am U.S. ET | Feb. 18, 2013
The 60 or so dealers at the first Mini make meeting held at a National Automobile Dealers Association convention were told to expect a bigger marketing budget this year and a redesigned Cooper hardtop next year.... Read More »
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MAKE MEETINGS -- ACURA

Acura: RDX, ILX to fuel 19% gain in retail sales

12:01 am U.S. ET | Feb. 18, 2013
Acura plans a 19 percent increase in new-vehicle retail sales in 2013, dealers were told at the make meeting. The brand is counting on its RDX crossover and ILX entry-level sedan to drive sales this year.... Read More »
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MAKE MEETINGS -- CADILLAC

Cadillac expects fresh lineup to lift retail sales 35%

12:01 am U.S. ET | Feb. 18, 2013
Cadillac is targeting a retail sales jump of about 35 percent this year and plans a fall rollout of the next-generation CTS sedan, General Motors executives told dealers at the make meeting.... Read More »
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MAKE MEETINGS -- MAZDA

Mazda6, CX-5 to boost Mazda sales, loyalty

12:01 am U.S. ET | Feb. 18, 2013
Mazda has struggled with customer loyalty for years, but the launch of the redesigned Mazda6 and a full year of CX-5 sales should reverse the trend, executives and dealers said at the make meeting.... Read More »
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MAKE MEETINGS -- VOLKSWAGEN

VW: Sizzling sales pace to cool

12:01 am U.S. ET | Feb. 18, 2013
Volkswagen brand expects to increase U.S. sales 11 percent in 2013, executives told dealers at the make meeting.... Read More »
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MAKE MEETINGS -- VOLVO

Volvo revamps margin and bonus structure

12:01 am U.S. ET | Feb. 18, 2013
Volvo is putting a new margin and bonus structure into effect with the launch of 2014 models. The new structure contains variable elements tied to sales performance, customer satisfaction and updated facilities.... Read More »
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MAKE MEETINGS -- LINCOLN

The upside of MKZ delay: Quality counts

12:01 am U.S. ET | Feb. 18, 2013
Lincoln dealers say they're impressed by the brand's efforts to get the 2013 MKZ's quality right, even though many still have not received the redesigned sedan.... Read More »
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MAKE MEETINGS -- SUBARU

Subaru: Sales could hit 400,000 in 2013

12:01 am U.S. ET | Feb. 18, 2013
Subaru of America targets 365,000 sales this year, but the total could go as high as 400,000, said COO Tom Doll.... Read More »
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MAKE MEETINGS -- NISSAN

Sales are up; Nissan keeps game plan

12:01 am U.S. ET | Feb. 18, 2013
After setting a brand sales record in 2012 and two years of record dealer profitability, Nissan urged retailers at its make meeting to stay focused on the strategy of the past three years.... Read More »
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MAKE MEETINGS -- PORSCHE

Porsche: More cars, happy dealers

12:01 am U.S. ET | Feb. 18, 2013
Porsche executives aim at least to match last year's 21 percent sales growth on the strength of updated products launching in 2013, they told dealers at the make meeting.... Read More »
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