Retail

Q&A

For dealers, compliance is an 'everyday business strategy'

11:00 am U.S. ET | June 29, 2016

In his new role as vice president of compliance at EFG Cos., Steve Roennau aims to tap his auto retail and finance know-how, including what he learned as an F&I manager, to help dealerships create a consistent compliance game plan.... Read More »

EchoPark F&I process to echo across Sonic

12:01 am U.S. ET | June 29, 2016

Sonic Automotive's finance and insurance sales process at its EchoPark used-only dealerships has been so successful in lifting F&I revenue per vehicle, the company plans to expand the process to its 99 franchised stores.... Read More »

Car-sharing, autonomous driving to reshape auto finance, study says

11:00 am U.S. ET | June 29, 2016

A new auto finance ecosystem is on the horizon, with the structure and timing dependent on the shift to car sharing and autonomous driving, according to a new study published by Deloitte Consulting.... Read More »

HANNAH LUTZ

BLOG: Kudos to Ford Credit for trying something new

12:00 pm U.S. ET | June 29, 2016

Piecing together the car sharing and profitability puzzle for the auto industry is exciting, but it's also a time to experiment.... Read More »

Vroom will make cash offers to private sellers on eBay

12:00 pm U.S. ET | June 29, 2016

Online veteran eBay and online upstart Vroom have teamed up to pilot a program that will give eBay customers another option to sell their vehicles for cash and Vroom another way to source vehicles for its used-car operations.... Read More »

UK car sales not hit by Brexit vote yet, auto group says

June 29, 2016 15:56 CET

UK car dealerships saw the same number of customers over the weekend as before Britons voted to exit the EU last week, Britain's car industry association said, adding that it would not change its forecast for sales to rise slightly this year.... Read More »

Porsche CEO expects boost from new Panamera

June 29, 2016 10:08 CET

Porsche expects the new Panamera to give a boost to the weakest performing model line in its portfolio. CEO Oliver Blume told Automotive News Europe he hopes to sell about 20,000 or more Panameras a year globally, up from 17,200 last year.... Read More »

2017 Smart ForTwo Cabrio priced at $19,650

10:38 am U.S. ET | June 29, 2016

The 2017 Smart ForTwo Cabrio will be the cheapest convertible on the market at $19,650, with shipping, when it arrives in U.S. dealerships this fall, Mercedes-Benz USA said.... Read More »

Renault may raise UK car prices to weather Brexit storm

June 29, 2016 15:20 CET

Renault may increase prices in the UK to counter the pound's slump following Britain's vote to leave the EU, Reuters reported. The UK accounted for 8 percent of Renault's sales in Europe last year.... Read More »

Brexit may cost carmakers 2.8 million global sales, IHS says

June 29, 2016 09:52 CET

The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The UK is expected to be hit hardest. Instead of expanding 3.2 percent this year, the UK may grow by just 1 percent followed by declines in the next two years.... Read More »

PSA, Dongfeng JV reshuffles China management amid sales slump

June 29, 2016 11:24 CET

PSA's joint venture with Dongfeng in China has appointed a new executive vice president and a new general manager after suffering a sales slump in the first five months of the year.... Read More »

Public groups optimistic on F&I revenue growth

12:01 am U.S. ET | June 29, 2016

All six large public new-car retailers lifted F&I revenue per vehicle through March, and most expect growth to continue.... Read More »

Ally shareholder Feinberg resigns from board after showdown with advisory firm

1:53 pm U.S. ET | June 28, 2016

Stephen Feinberg, Ally Financial's third-largest shareholder, stepped down from the auto lender's board after an investor-advisory firm faulted his ability to use the stock as collateral for debt.... Read More »

Former NFL running back dies in accidental shooting at Michigan dealership

5:58 pm U.S. ET | June 28, 2016

A former NFL running back died after accidentally shooting himself at a dealership service department in suburban Detroit on Tuesday. Fox 2 in Detroit and The Detroit News reported that the victim was Zurlon Tipton, a running back who played football for Central Michigan University and the Indianapolis Colts. He was 26.... Read More »

Lincoln to provide free pickup, delivery for service vehicles

12:01 am U.S. ET | June 28, 2016

Lincoln, in a bid to stand out among larger luxury brands, will provide free pickup and delivery of service vehicles to new owners starting with 2017 models.... Read More »

U.S. underestimates cost of fuel and CO2 goals, automakers say

1:15 pm U.S. ET | June 28, 2016

U.S. regulators have underestimated the cost and difficulty of achieving their vehicle fuel-economy and greenhouse-gas targets for 2025 and are giving California too much power to shape the country's policies on those issues, an automaker group said.... Read More »

Automakers rank high on annual ad-spending list

12:09 pm U.S. ET | June 28, 2016

The Detroit 3 held their top-10 rankings unchanged on Advertising Age's list of the 200 Leading National Advertisers for 2015. Most other automakers slipped, as companies such as Amazon, Expedia and Merck climbed.... Read More »

Q&A on Volkswagen scandal settlement

11:29 am U.S. ET | June 28, 2016

Volkswagen has agreed to offer nearly 500,000 owners of diesel vehicles it sold in the U.S. a choice between selling their cars back to VW, or waiting to see if the company can develop technology that brings the vehicles into compliance with pollution standards. The deal also includes cash compensation.... Read More »

VIDEO: Mass. dealer dishes meals to customers, leeway to employees

12:01 am U.S. ET | June 27, 2016

At 75, former orphan Bob Moran reflects on a life in dealerships that has left him with a thriving Toyota store that serves customers hot breakfasts while allowing employees holiday time with their families and freedom to make decisions at work.... Read More »

These guys want your used-vehicle sales, profits

12:01 am U.S. ET | June 27, 2016

Beepi. Shift. Carvana. Vroom. Don't let the clever names fool you. These tech start-ups aim to take a bite out of the used-vehicle retail industry's lunch.... Read More »

What do Mustang and Camaro have in common?

12:01 am U.S. ET | June 27, 2016

Despite partisan loyalties on each side, starting next year the Chevrolet Camaro will share a transmission with the Ford Mustang.... Read More »

Glimpses of the redesigned Volvo XC60

12:01 am U.S. ET | June 27, 2016

Spy photos of next year's redesigned Volvo XC60 show the midsize crossover with heavy cladding, making it difficult to tell whether the vehicle will look radically different from today's version.... Read More »

Ford's Indonesian dealers demand compensation after abrupt withdrawal

4:13 pm U.S. ET | June 27, 2016

Ford's dealers in Indonesia are demanding around $75 million in compensation after the U.S. carmaker announced in January it would close all operations in Southeast Asia's biggest economy.... Read More »

U.S. June sales expected to rise, but slower demand, higher incentives concern analysts

3:17 pm U.S. ET | June 27, 2016

Halfway through 2016, U.S. new-vehicle sales remain on pace to set a second consecutive annual record, but analysts say they're concerned about slowing retail demand and rising incentives. June sales are expected to rise about 5 percent from a year ago, according to analysts at TrueCar, LMC Automotive and Kelley Blue Book.... Read More »

Ford Escape stars in new series on Verizon video platform

12:13 pm U.S. ET | June 27, 2016

The 2017 Ford Escape will help people avoid “capture” in a new series airing on Verizon’s recently-launched video platform. "The Runner," an original series from executive producers Ben Affleck and Matt Damon, will appear on Verizon's Go90 mobile video service, the company said Monday.... Read More »

 
Why Europe's car buyer categories need a shake-up

Douglas A. Bolduc
4:49 am U.S. ET | July 1 2016

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Johnson Controls says current car buyer categories aren't telling the full story. ...
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Nissan struggles to make sense of Sunderland shocker

Nick Gibbs
5:42 am U.S. ET | June 28 2016

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Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. ...
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Goodbye to the Europe I knew

Bradford Wernle
12:01 am U.S. ET | June 27 2016

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I am deeply shocked and disappointed by the decision of British voters to leave the European Union. ...
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Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

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Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
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VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

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As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
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Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

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When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
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How Ford's European arm became a money maker again

Luca Ciferri
12:01 am U.S. ET | June 10 2016

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Ford of Europe's 6. ...
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Peugeot offers a two-wheel solution for congested cities

Bruce Gain
9:46 am U.S. ET | June 1 2016

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Peugeot's new 3008 SUV will offer owners a solution to the problem of getting around congested inner cities: an electric bicycle or an electric scooter that can fold up and... ...
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Why Mercedes is overtaking German rivals in China


12:01 am U.S. ET | May 27 2016

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Mercedes which used to be far behind Audi and BMW in China's luxury market, is rapidly closing the g ...
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McLaren goes to new heights with the 570GT

Douglas A. Bolduc
2:45 am U.S. ET | May 26 2016 UPDATED: May 26 15:45 CET -- adds photos

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McLaren went to new heights for the media launch of its latest model. ...
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Newsletters & Alerts
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VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains
Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda ...
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VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting decl ...
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Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
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Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
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Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
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VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
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French car sales jump 22% in May on extra selling days
French registrations rose 22 percent in May, benefiting from three extra selling days. ...
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VW Group sales flat as Audi, Skoda growth eclipsed by core brand's decline
VW Group sales were flat last month as growth at Audi and Skoda failed to offset a decline in delive ...
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European car sales rise 9% in April; VW brand back to growth
European new-car sales rose 9 percent in April with nearly all automakers recording sales increases ...
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Russia car sales fall to 10-year low
New-car sales in Russia fell 8. ...
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Former Audi, Mercedes exec named new Cadillac Europe boss
GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tr ...
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VW veteran Powels faces tough task in South America
VW brand named David Powels as head of its South American operations. Powels faces a tough challenge ...
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Faraday names Ferrari exec Mattiacci global brand chief
Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer. ...
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GM names Boler-Davis head of global manufacturing
General Motors named Alicia Boler-Davis as its head of global manufacturing and labor relations, the ...
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Ford picks VanDyke to be new Europe marketing chief
Ford has picked Matt VanDyke as its new marketing chief in Europe. VanDyke currently leads Lincoln's ...
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Nissan Europe names new product planning chief
Nissan Europe has named Ponz Pandikuthira, its current light commercial vehicle director, as the aut ...
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Porsche names IT expert Koslowski as head of a new digital unit
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked wi ...
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Porsche names IT expert Koslowski as head of a new digital unit
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked wi ...
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Alfa and Maserati get new chief
Reid Bigland replaces Harald Wester as head of Alfa Romeo and Maserati. Bigland will also continue a ...
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Cadillac Europe's chief to lead the brand in China
Andreas Schaaf, Cadillac's European chief, has been appointed the brand's vice president for China, ...
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Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
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MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
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Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
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McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
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VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
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Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
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F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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