Retail

GM says it will move Cadillac headquarters to New York

9:09 am U.S. ET | Sept. 23, 2014
General Motors today confirmed plans to move its Cadillac brand headquarters to New York next year in a move to remake the luxury marque's image and broaden its appeal outside North America.... Read More »

 

Lotus halts U.S. sales for 2015 model year

3:56 pm U.S. ET | Sept. 23, 2014
Boutique British sports car maker Lotus may be due for a pit stop in the U.S. The only Lotus model sold in the U.S., the Evora, is being dropped for the 2015 model year because it no longer meets U.S. federal crash standards.... Read More »

 

CarMax reports double-digit increases in Q2 revenue, profit

8:19 am U.S. ET | Sept. 23, 2014
CarMax Inc., the largest U.S. used-car retailer, reported a 11 percent rise in quarterly revenue as easier availability of credit boosted car sales.... Read More »

 

Fiat, VW must face lawsuit over fuel economy figures, Italian consumer group says

Sept. 23, 2014 15:35 CET
An Italian consumer group is inviting car buyers to join a lawsuit against Fiat and Volkswagen over allegations that two of the automakers' vehicles were between 18 and 50 percent less fuel efficient than stated by the companies.... Read More »

 

Michelin seen missing 2014 sales goal, report says

Sept. 23, 2014 11:37 CET
Michelin may miss its goal of boosting sales by 3 percent this year on weak European and emerging markets, a French daily reported, citing the company's finance chief Marc Henry.... Read More »

 

Cadillac names European exec Jim Bunnell as U.S. sales chief

2:31 pm U.S. ET | Sept. 22, 2014
Cadillac named Jim Bunnell as its new sales chief in the United States today as the brand looks to improve sluggish volume and implement a fresh approach under new global boss Johan de Nysschen. Bunnell, 59, who joined General Motors in 1979 and spent most of his career in sales and product planning roles at Pontiac and GMC, becomes the fourth head of Cadillac sales in a little more than two years.... Read More »

 

Group 1 exits N.Y., looks south

12:01 am U.S. ET | Sept. 22, 2014
Group 1 Automotive's latest buy-sells take it out of the Long Island, N.Y., market as the dealership group seeks to add stores in the Carolinas and Virginia.... Read More »

 

NO LAND, NO STORE?

High-volume dealer sues after Mitsubishi sells SoCal site

12:01 am U.S. ET | Sept. 22, 2014
Abbas Ahmadi's passion for cars like the Mitsubishi Lancer Evolution has made him a star in the automaker's retail network. His four Mitsubishi stores accounted for 3 percent of the automaker's total U.S. sales last year. Yet Ahmadi's relationship with Mitsubishi has been rocky, generating multiple lawsuits, and now he's in a battle to save his Huntington Beach, Calif., dealership.... Read More »

 

Honda, GM crack down on certified-used rule benders

12:01 am U.S. ET | Sept. 22, 2014
Honda and GM, among others, are closely monitoring dealerships' compliance with certified used-vehicle programs -- and cracking down on rule breakers.... Read More »

 

Calif. dealer champions chaplain services

12:01 am U.S. ET | Sept. 22, 2014
Calif. dealer Bill Hoehn has something few retailers have: A full-time chaplain. The chaplain provides care and support for employees, is available 24/7 for crisis needs and even presides over weddings. The service is part of Hoehn Motor’s spiritual and wellness benefits that also include free yoga and Pilates classes. Hoehn says these benefits enhance employee satisfaction.... Read More »

 

Can Cadillac make it in New York?

12:01 am U.S. ET | Sept. 22, 2014
New Cadillac chief Johan de Nysschen confirmed to Automotive News last week that Cadillac is considering relocating some functions to New York. While much is still undecided, at least one function seems sure to get a sizable presence in the Big Apple: marketing.... Read More »

 

LINDSAY CHAPPELL

Sedan-heavy brands also pile on the incentives

12:01 am U.S. ET | Sept. 22, 2014
The guys who stepped up their incentive spending last month are brands that are counting on strong sedan strategies in an era of crossover growth.... Read More »

 

Ford salesman's fall job? College football player

12:01 am U.S. ET | Sept. 22, 2014
The movie script writes itself, a Rudy-like tale of the middle-aged Ford salesman who went back to school to get his degree -- and play college football.... Read More »

 

Toyoda pulls cord on new Mexico plant for now

12:01 am U.S. ET | Sept. 22, 2014
Toyota President Akio Toyoda put the brakes on a plan to build an assembly plant in Mexico.... Read More »

 

Tesla, dealers dispute impact of Mass. ruling

12:01 am U.S. ET | Sept. 22, 2014
Tesla Motors Inc. says its win against dealers in Massachusetts' highest court last week bolsters its argument for selling directly.... Read More »

 

LETTER TO THE EDITOR

Find F&I talent on showroom floor

12:01 am U.S. ET | Sept. 22, 2014
The best source for a new financial services manager is your showroom floor.... Read More »

 

LETTER TO THE EDITOR

Time to step up online CPO game

12:01 am U.S. ET | Sept. 22, 2014
The pressure to maintain new-vehicle sales increases the allure of incentives, which drive lower used-vehicle prices.... Read More »

 

Q&A

Scion retools its pitch to youth in comeback bid

12:01 am U.S. ET | Sept. 22, 2014
Once-adorable Scion is entering its awkward tween years, but hasn't hit its growth spurt yet. Nancy Inouye, now in her second year as Scion's national marketing communications manager, says the brand is targeting millennials.... Read More »

 

Q&A

AutoNation's brand building sets up more growth

12:01 am U.S. ET | Sept. 22, 2014
Mike Maroone, COO of AutoNation Inc., says the nation's largest dealership group is meeting the goals of a multiyear $100 million branding campaign.... Read More »

 

Q&A

Chevy gears up to roll out tech, trucks

12:01 am U.S. ET | Sept. 22, 2014
Chevrolet's biggest marketing campaign this fall is in support of a technology: the launch of 4G LTE wireless Internet service across much of its lineup. The campaign is running across TV, digital platforms, movie theaters and in-flight media and highlights not only the technology's benefits, but also the brand's innovation as the first to widely deploy 4G, Chevy's Global Chief Marketing Officer Tim Mahoney says.... Read More »

 

New NAAA chief steps in as volume steps up

12:01 am U.S. ET | Sept. 22, 2014
The past few years have been rough for the auto auction industry. But things are looking up, said Ellie Johnson, president-elect of the National Auto Auction Association.... Read More »

 

JLR launches sites targeting certified-used shoppers

12:01 am U.S. ET | Sept. 22, 2014
Jaguar Land Rover has launched dedicated websites for shoppers of certified pre-owned vehicles as part of its effort to boost its dealers' used-vehicle sales and to prepare for rising off-lease volumes.... Read More »

 

3rd parties see their role sticking around

12:01 am U.S. ET | Sept. 22, 2014
Third-party online shopping sites are likely to continue influencing auto shoppers for the foreseeable future, despite pledges by dealership groups such as AutoNation Inc. to rely less on them for prospects, two new studies say.... Read More »

 

BEST PRACTICES

Charity is a priority, not a look-at-me

12:01 am U.S. ET | Sept. 22, 2014
George Nahas, a Chevrolet dealer in central Florida, says his annual budget for philanthropy has consistently been greater than $100,000 per year. Though Nahas says his charitable projects help him sell a few extra cars per year, additional business is never a factor when he evaluates a request.... Read More »

 

Porsche SE cash gives Inrix fuel to grow

12:01 am U.S. ET | Sept. 22, 2014
Inrix Inc., the traffic information provider that drew a $55 million investment this month from Volkswagen AG holding company Porsche Automobil Holding SE, is officially in growth mode.... Read More »

 

 
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Calif. dealer champions chaplain services

Calif. dealer champions chaplain services

Calif. dealer Bill Hoehn has something few retailers have: A full-time chaplain. The chaplain provides care and support for employees, is available 24/7 for crisis needs and even presides over weddings. Mon., September 22
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