Retail

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW India boss outlines turnaround plan

Sept. 1, 2014 06:15 CET
VW India boss Mahesh Kodumudi explains to Automotive News Europe what measures the automaker is taking to reverse its slide in the key market.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW, other European automakers seek firmer foothold in India

Sept. 1, 2014 06:15 CET
When VW reported group deliveries in India had more than doubled in 2011, it looked as if the market would help the automaker achieve its goal of being No. 1 in global sales. Things have changed since then, forcing VW to rework its plans.... Read More »

 

Spanish car sales rise 14% in August

Sept. 1, 2014 11:47 CET
Spain's new-car sales rose 14 percent to 45,355 in August, the twelfth straight month of increases, car manufacturers' association Anfac said.... Read More »

 

French car sales drop 3% on weak August demand

Sept. 1, 2014 10:45 CET
French car sales fell 3 percent last month, led by an 11 percent drop at Renault. PSA sales fell in line with the market, while VW deliveries rose 11 percent, boosted by gains at Skoda.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How India went from boom to bust

Sept. 1, 2014 06:15 CET
After a period of rapid expansion, India's car market entered a slump indirectly triggered by the U.S. Federal Reserve's announcement that it would start to gradually phase out its ultra-loose monetary policy.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Heated debate over transfer pricing

Sept. 1, 2014 06:15 CET
A key challenge facing companies in India is litigation over transfer pricing. Foreign companies are debating with the government whether business between two companies with the same parent is artificially mispriced to lower tax bills.... Read More »

 

LINDSAY CHAPPELL

Settlement rolls Tide coach into Birmingham

12:01 am U.S. ET | Sept. 1, 2014
Nick Saban occupies a social position in Alabama that is approximately equal to Julius Caesar's in imperial Rome. So imagine the surprise at Crown Automobile, the Mercedes-Benz dealership in Birmingham, Ala., when it learned last year that Mercedes had quietly awarded the champion football coach a letter of intent authorizing them to open a Mercedes dealership in ... Birmingham.... Read More »

 

The marketing move behind Buick's big year

12:01 am U.S. ET | Sept. 1, 2014
Buick-GMC chief Duncan Aldred believes that the campaign that's been running since March just might be starting to do something that a lineup of handsome sheet metal could not: transform Buick's old-fogey image. Aldred is doubling down with the release this week of several more spots, each featuring people who can't wrap their heads around the fact that they're looking at a Buick.... Read More »

 

Elantra's new look

12:01 am U.S. ET | Sept. 1, 2014
The re-engineered 2016 Hyundai Elantra gets major changes to its sheet metal and proportions. This spy photo shows a longer and sleeker sedan, with bigger front and rear overhangs and a hood that looks stretched from the current version.... Read More »

 

Employment slips at Japanese-brand stores

12:01 am U.S. ET | Sept. 1, 2014
Employment at Japanese-brand dealerships in the U.S. slid in 2013, even as manufacturing jobs expanded at Japanese auto companies' U.S. factories, an annual survey found. The number of people directly employed by Japanese-brand franchised new-vehicle dealerships fell 2 percent to 319,568 last year.... Read More »

 

For Alfa dealer, the wait is over

12:01 am U.S. ET | Sept. 1, 2014
From his small dealership between New York City and Connecticut, 78-year-old Alfredo Gulla has waited nearly 20 years for his beloved Alfa Romeo to return.... Read More »

 

GM eases rules on techs' work reports

12:01 am U.S. ET | Sept. 1, 2014
General Motors has retreated from a controversial policy that required dealership service technicians to essentially punch a time clock for every repair order.... Read More »

 

Foam-filled Lexus NX spot too retro for America?

12:01 am U.S. ET | Sept. 1, 2014
Drifting cars, techno music, string bikinis and foam parties. At first glance, Lexus' new "Shampoo" TV spot for the NX compact crossover that arrives in November seems tailor-made for the trendy young crowd that Toyota Motor's luxury brand craves.... Read More »

 

Don't just wholesale that old trade-in

12:01 am U.S. ET | Sept. 1, 2014
Last year River Town Honda in Grandville, Mich., embraced older, high-mileage trade-ins instead of selling them at near-zero profit to wholesalers. General Manager Rick Clift says the decision has lead to "the biggest single piece to our growth." River Town markets the older vehicles under the moniker "Budget Row collection" both in a special section of its lot and online. The store is selling 25 to 30 such vehicles a month at an average net profit of $700.... Read More »

 

BEST PRACTICES

Collection Auto's Bernie Moreno cultivates managerial talent

12:01 am U.S. ET | Sept. 1, 2014
Bernie Moreno was 28 and had no auto retailing experience when Boston dealer Herb Chambers hired him as general manager of a Saturn store. Nearly two decades later, as CEO of Cleveland's Collection Auto Group, Moreno sees big breaks for young talent as the cornerstone of his empire's rapid growth.... Read More »

 

LETTER TO THE EDITOR

Can't judge client's ability to pay

12:01 am U.S. ET | Sept. 1, 2014
I learned many years ago that you cannot be a judge of your customer's financial ability to purchase a vehicle.... Read More »

 

Pick up the PACE, suppliers; apply by Sept. 5

12:01 am U.S. ET | Sept. 1, 2014
Suppliers have until the final deadline, Friday, Sept. 5, to apply for the 2015 Automotive News PACE Awards, which recognize supplier innovation.... Read More »

 

Dealers

12:01 am U.S. ET | Sept. 1, 2014
... Read More »

 

Perks program lifts struggling store's satisfaction scores, sales

12:01 am U.S. ET | Sept. 1, 2014
Land Rover San Diego is rewarding big spenders with a perks program that offers Padres baseball tickets, dry cleaning runs, preferential service times and other goodies.... Read More »

 

Dealership Buy/Sell

12:01 am U.S. ET | Sept. 1, 2014
Group 1 Automotive, Lithia Motors and others made acquisitions.... Read More »

 

GM, museum to restore 3 of 8 prized 'Vettes damaged by sinkhole

12:15 pm U.S. ET | Aug. 30, 2014
GM and the National Corvette Museum will restore three of eight prized Chevrolet Corvettes damaged in February when they tumbled into a giant sinkhole that developed beneath the floor of the museum in Bowling Green, Ky.... Read More »

 

California lawmakers set to adjourn without Tesla aid

6:34 am U.S. ET | Aug. 30, 2014
California lawmakers are set to adjourn for the year without coming up with incentives to entice Tesla Motors to build a $5 billion battery plant in the state.... Read More »

 

Alfa dealers urged to offer luxury services

12:01 am U.S. ET | Aug. 30, 2014
Chrysler Group expects Alfa Romeo dealers to provide luxury services -- such as home pickup and delivery for repairs -- despite having only a handful of cars to sell for the next two years.... Read More »

 

Dealers in Georgia petition to shut Tesla down

5:53 pm U.S. ET | Aug. 29, 2014
Auto dealers in Georgia are the latest seeking to shut down Tesla's factory-owned stores. The Georgia Automobile Dealers Association filed a petition of enforcement Friday with state regulators arguing that Tesla's direct-sales model violates state law.... Read More »

 

Capital Automotive sold for $4.3 billion, source says

4:27 pm U.S. ET | Aug. 29, 2014
Brookfield Property Partners will acquire Capital Automotive for $4.3 billion, according to a source familiar with the deal.... Read More »

 

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