Vehicle SalesKia's race to sell off '13 Souls 12:01 am U.S. ET | Dec. 9, 2013  Kia's best monthly sales gain of the year came with an 11th-hour push from the factory, one that could leave dealers with thousands of "sold" cars that will have to be sold again.... Read More »
Lexus: No interest in $30,000 models 12:01 am U.S. ET | Dec. 9, 2013  Lexus boss Jeff Bracken concedes that Mercedes-Benz's low-priced CLA sedan is off to a flying start, but he vows not to follow Mercedes down the price ladder.... Read More »
Likely from Santa: Soaring SAAR for December, big '14 12:01 am U.S. ET | Dec. 9, 2013 If November's seasonally adjusted annualized selling rate of 16.4 million -- the best in nearly seven years -- sounded good, this month should look even better.... Read More »
Camry poised to keep No. 1 spot in the U.S. Nick Bunkley 12:01 am U.S. ET | Dec. 9, 2013 With a month to go in 2013, the Camry has locked up first place for a 12th consecutive year, but its dominance in the mid-sized segment is shrinking.... Read More »
2015 MUSTANG LAUNCH Will new pony car attract global buyers? 12:01 am U.S. ET | Dec. 9, 2013  The Mustang's formula for success for 50 years has been basically this: good looks coupled with low-tech powertrains and suspension systems and an attractive starting price.... Read More »
OFF TO THE RACES U.S. sales through November 2013 12:01 am U.S. ET | Dec. 9, 2013  Here's a look at numerous rivalries involved nameplates, brands and companies after 11 months.... Read More »
Humans optional: A vending-machine concept to sell used cars 12:01 am U.S. ET | Dec. 9, 2013  A new venture called Carvana is trying out what the owner calls a "vending machine" for used cars.... Read More »
Industry must steer clear of the off-lease trap GM's wise move 12:01 am U.S. ET | Dec. 9, 2013 The leasing rebound means more off-lease customers are starting to return to the market.... Read More »
GM, Chrysler sales lifted by strong demand 12:01 am U.S. ET | Dec. 9, 2013 General Motors’ November sales rose 14 percent on strong retail demand across its four brands, while the average price of a GM vehicle rose to a record high of $34,896.... Read More »
BEST PRACTICES Employees come first for refugee dealer Girjel 12:01 am U.S. ET | Dec. 9, 2013  George Girjel's rags-to-riches story of a teenage refugee from Uzbekistan who arrived in America 17 years ago, unable to speak English, would be interesting all by itself.... Read More »
How salespeople erode ties with the finance office 12:01 am U.S. ET | Dec. 9, 2013  As F&I and sales departments struggle to find ways to work together, there are bound to be gripes on both sides.... Read More »
SHOWROOM SHOWDOWN Should sales staff initiate F&I? 12:01 am U.S. ET | Dec. 9, 2013  As dealerships scramble to sell every product they can, friction often builds between the salespeople on the showroom floor and the finance experts in the F&I office.... Read More »
NADA guide: '08-'09 prices will stay firm 12:01 am U.S. ET | Dec. 9, 2013 Average prices of late-model used cars and trucks for 2013 will drop compared to last year, but average prices of older used vehicles -- say those 4 to 6 years old -- will increase, predicts NADA Used Car Guides.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE BMW has high hopes for i3Dec. 6, 2013 06:01 CET  BMW is bullish on the market potential for the i3 EV, the first model from its i subbrand. The automaker said orders for the i3 topped 10,000 even before sales started last month in Germany.... Read More »
Average new-vehicle mileage rises to 24.8 mpg 11:24 am U.S. ET | Dec. 6, 2013 The average fuel economy of new trucks, cars, SUVs and vans sold in the United States during November rose 0.1 mpg from October, to 24.8 mpg, according to a monthly report from the University of Michigan Transportation Research Institute.... Read More »
Volvo sales up 6% in Nov. on China, Europe boostDec. 6, 2013 09:15 CET  Volvo said global sales of its vehicles rose 6 percent in November, its fifth straight month of growth, as increased demand in China and Europe helped offset a decline in the United States.... Read More »
More than half of new-car shoppers would consider CPO, study says 12:04 pm U.S. ET | Dec. 5, 2013 More than half of new-car shoppers are willing to consider buying a certified pre-owned vehicle, up from 43 percent a year ago, an AutoTrader.com study released today says.... Read More »
Honda offers dealers cash if December sales top 2012 levels 4:18 pm U.S. ET | Dec. 5, 2013  American Honda wants its dealers' sales this month to top December 2012 levels, and is offering cash to make sure that happens. The automaker is running an aggressive incentive program that will pay its United States dealers $3,000 for every vehicle they sell above their December 2012 sales total. The program runs until January 2, a company spokeswoman said, confirming a bulletin sent to dealers earlier this week.... Read More »
Mercedes sales rise 11% in November on robust China, U.S. demandDec. 5, 2013 11:48 CET  Mercedes brand's global sales grew 11 percent last month to a record 133,441 cars, thanks to demand for its refreshed E class, new compact models and strong sales in China and the U. S.... Read More »
Big off-lease battle brewing 12:01 am U.S. ET | Dec. 4, 2013  Automakers are crafting strategies to keep existing customers -- and perhaps poach some new ones -- when the number of vehicle owners coming off lease shoots up next year.... Read More »
Tesla's plan to sell in Ohio dodges bullet 5:38 pm U.S. ET | Dec. 4, 2013  Tesla's business model appears safe in Ohio -- for now. The state's House Transportation, Public Safety and Homeland Security Committee didn't vote on a licensing amendment Tuesday that Tesla Motors Inc. says would prevent it from selling vehicles in Ohio.... Read More »
Customer cash hurts residuals more than finance, lease incentives, NADA finds 10:20 am U.S. ET | Dec. 4, 2013  Cash incentives may help sell new vehicles, but those incentives can have a sizable impact on used-car prices, says the latest NADA Used Car Guide... Read More »
Mercedes CLA helps widen U.S. luxury-sales lead over BMWDec. 4, 2013 06:01 CET  Mercedes widened its luxury-vehicle lead over the BMW brand in the United States last month as deliveries of the compact CLA contributed almost all of the Daimler unit's gain in the market.... Read More »
Mitsubishi plans to cut i-MiEV price by 20% 9:44 pm U.S. ET | Dec. 3, 2013  Following big price cuts by other automakers to stoke demand for electric cars, Mitsubishi said it will reduce the sticker price of its slow-selling i-MiEV electric car by 20 percent for its upcoming model year.... Read More »
Italy slump continues as November car sales fall 5%Dec. 3, 2013 09:55 CET  New-car sales in Italy fell 5 percent in November continuing a slump in deliveries in Europe's fourth-largest car market.... Read More »
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Special Report
Dealer aims to create a 'place of delight'Bernie Moreno has expanded the suburban Cleveland-based Collection Auto Group from a single store in 2005 to 21 dealerships today. Mon., December 9» Watch the Video |
