Retail

Dealership Buy/Sell

12:01 am U.S. ET | July 21, 2014
This Automotive News feature lists recent dealership acquisitions as reported by brokers, official announcements and news media.... Read More »

 

Toyota aims to hold U.S. Hispanic market lead as segment grows

6:49 pm U.S. ET | July 20, 2014
Toyota plans to remain the top-selling auto brand among U.S. Hispanic customers as competing automakers boost efforts to win a bigger share of business from the nation's largest ethnic minority group, a top executive said Sunday.... Read More »

 

CHRISTIAAN HETZNER

With its new minivan, BMW ditches rwd for practicality

12:01 am U.S. ET | July 20, 2014
Even BMW has to obey the laws of physics: a rwd car that is compact yet roomy is a paradox. But for traditional fans of the brand, the fwd 2-series Active Tourer is nothing less than a heresy on wheels.... Read More »

 

Muscular Challenger bulks up its interior

12:01 am U.S. ET | July 20, 2014
The 707-hp SRT Hellcat will generate the most smoke at the drag strip, but it's the rest of the re-engineered Dodge Challenger lineup that likely will fire the interest of consumers.... Read More »

 

BMW expects high conquest rate for 2-series Active Tourer

July 20, 2014 06:01 CET
BMW expects that three out of every four buyers of its 2-series Active Tourer minivan will be new to the brand.... Read More »

 

GM halts sale of some Cadillac CTS models over switch issue

7:24 pm U.S. ET | July 19, 2014
GM ordered Cadillac dealers to stop selling some versions of the CTS because the automaker does not have a fix yet for cars recalled in late June over an issue where engines can be shut off if the driver's knee bumps the ignition key.... Read More »

 

Tesla makes the shopping list as U.K. eyes greener government fleet

10:34 am U.S. ET | July 18, 2014
Tesla Motors, a month after starting Model S deliveries in the United Kingdom, said its flagship electric sedan is among the cars being considered for purchase by the government there to transport officials.... Read More »

 

Maserati to cap global sales at 75,000 vehicles a year

7:48 am U.S. ET | July 18, 2014
Fiat Chrysler Automobile's luxury Maserati unit will not sell more than 75,000 vehicles globally a year to retain the exclusivity of the Italian brand.... Read More »

 

Beijing Hyundai, Dongfeng Citroen tie for top score in China satisfaction survey

July 18, 2014 06:01 CET
Beijing Hyundai and Dongfeng Citroen topped mass-market brands in a J.D. Power survey of Chinese consumers' satisfaction with the car-buying experience. The joint ventures scored significantly higher than other mass-market brands.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Honda rolls out the Civic wagon

July 18, 2014 06:01 CET
Honda hopes that sleek styling and a smart interior will help its new Civic Tourer station wagon boost the automaker's flagging sales in Europe.... Read More »

 

European car sales rise 4%, boosted by incentives

July 17, 2014 10:09 CET
European car sales rose 4 percent in June as an economic recovery in southern Europe, new product launches and retail incentives boosted demand for mass-market brands.... Read More »

 

Maserati to cap global sales at 75,000

July 17, 2014 14:40 CET
Maserati will not sell more than 75,000 vehicles globally a year to retain the brand's exclusivity, an executive said. Maserati is adding the Levante SUV and Alfieri coupe to its lineup.... Read More »

 

AutoNation's Q2 net rises 12% on 8% revenue gain

7:30 am U.S. ET | July 17, 2014
AutoNation posted a double-digit gain in second-quarter net income but fell shy of analysts’ profit expectations as digital investment drove expenses higher. The nation’s largest dealership group said its net profit rose 12 percent, helped by gains in all of its business units.... Read More »

 

European car sales rise 4%, boosted by incentives

4:09 am U.S. ET | July 17, 2014
European car sales rose 4 percent in June as an economic recovery in southern Europe, new product launches and retail incentives boosted demand for mass-market brands.... Read More »

 

PSA's first-half car sales lifted by Europe and China

July 17, 2014 12:03 CET
PSA's first-half vehicle deliveries rose 6 percent, as a European recovery and Chinese expansion made up for a currency-driven sales collapse in the rest of the world.... Read More »

 

Nissan to sponsor Manchester City soccer team

July 17, 2014 10:49 CET
Nissan will sponsor English Premier League champions Manchester City in a bid to boost its brand image as the automaker targets surpassing Toyota as Europe's top-selling Asian brand.... Read More »

 

Ford readies product push in fast-growing Africa, Middle East

12:34 am U.S. ET | July 17, 2014
Ford plans to introduce 25 new models by 2016 in Africa and the Middle East, where it projects the driving age population will grow 31 percent by 2023 to 1.7 billion people.... Read More »

 

Credit union scraps ad campaign slamming rate markup

12:01 am U.S. ET | July 16, 2014
A Florida credit union is canceling an advertising and social media campaign that hit at a retail industry sore spot -- dealer reserve. The “Expose the Truth” campaign was scheduled to run through August and described dealer reserve as an unfair trade practice most consumers don't know about.... Read More »

 

Datsun on-Do sedan launch in Russia overshadowed by economic crisis and slumping car market

July 16, 2014 16:04 CET
Nissan's low-cost Datsun on-Do family sedan was launched in Russia this week, but the country's deepening political crisis with the West and falling car sales could dampen sales.... Read More »

 

SUVs, crossovers top sedans in popularity for first time

2:35 pm U.S. ET | July 16, 2014
The American love affair with SUVs and crossovers has pushed the segments to a new milestone. SUVs and crossovers combined accounted for 36.5 percent of the U.S. light-vehicle market through May compared with the sedan segment's 35.4 percent share.... Read More »

 

BMW will raise China capacity to 400,000 vehicles

July 16, 2014 13:23 CET
BMW said it will raise capacity at its two Chinese plants by a third to 400,000 cars over the next two years and double the range of locally made vehicles to six models.... Read More »

 

Penske Automotive hikes cash dividend again

11:54 am U.S. ET | July 16, 2014
Penske Automotive Group raised its quarterly cash dividend to 20 cents per share from 19 cents.... Read More »

 

Ford to tout new F-450 towing capacity, hp, torque as best in class

12:29 pm U.S. ET | July 16, 2014
In new spots appearing this fall, Ford will claim that the heavy-duty F-450 is capable of a best-in-class towing capacity of 31,200 pounds, an increase of 6,500 pounds over that of the current model.... Read More »

 

GM's global sales rise 0.5% in 2nd quarter, trail VW

1:34 pm U.S. ET | July 16, 2014
GM's global auto sales rose 0.5 percent to 2.51 million during the second quarter as the automaker's tally of vehicle recalls in North America reached a record. GM sold 4.92 million cars and trucks during the first six months, a 1.4 percent gain from a year earlier.... Read More »

 

JIM HENRY

Credit union ads highlight misperceptions of dealer reserve

12:01 am U.S. ET | July 16, 2014
A Florida credit union's ad campaign beating up dealers and auto lenders for “rate markups” is hard to look at, but dealers and lenders should check it out to see what they're up against in terms of public perception and in case the approach catches on in other states.... Read More »

 

 
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Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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