AUTOMOTIVE NEWS EUROPE E-MAGAZINE

BMW targets U.S. market with 2-series softtop

April 23, 2015 06:01 CET

BMW has increased the size of the 2-series convertible compared with its predecessor model, the 1-series convertible, largely to boost the car's appeal among U.S. buyers.... Read More »

LUCA CIFERRI

BLOG: Seeing through Mini's digital goggles

4:30 am U.S. ET | April 23, 2015

I cannot imagine life without a smartphone or a tablet, but after testing a set of digital goggles from Mini I am not convinced yet that I need to add augmented reality eyewear to my driving experience. The aviator-style eyewear is BMW's interpretation of computerized headsets such as Google Glass.... Read More »

Toyota keeps global sales lead over VW on U.S. demand

April 23, 2015 11:37 CET

Toyota beat Volkswagen and General Motors to remain the world's top-selling automaker during the last quarter despite declining deliveries. Demand for SUVs has helped to boost Toyota's market-share gains in the U.S. during the quarter as Volkswagen continued to struggle in the market.... Read More »

China province fines Mercedes $56 million for price fixing

April 23, 2015 08:30 CET

Authorities in China's Jiangsu province fined Mercedes-Benz 350 million yuan ($56 million) for a pricing monopoly there. It is the biggest fine imposed on an automaker since the government started to crack down on antitrust violations last year.... Read More »

Honda will cut European Civic production costs with global platform

April 23, 2015 06:01 CET

Honda will significantly reduce production costs on its next European Civic compact hatchback by basing it on a global platform. Honda will launch its next-generation Civic five-door in Europe in 2017. Like the current car, it will be built at the automaker’s plant in England and will be exported to the U.S. and other markets outside Europe for the first time.... Read More »

Ford F-150 regular cab, SuperCab join SuperCrew with 5-star safety ratings

7:00 pm U.S. ET | April 22, 2015

The redesigned Ford F-150 pickup has earned the government's highest possible crash safety rating, answering worries that the truck's all-new aluminum body would compromise crashworthiness.... Read More »

Google's 'Mobilegeddon' forces dealerships to get mobile-friendly

3:54 pm U.S. ET | April 22, 2015

If consumer preferences haven't already prompted auto dealerships to operate mobile-friendly websites and digital marketing tools, Google is giving them an extra nudge.... Read More »

AutoNews Now: Most-desired car tech

12:01 am U.S. ET | April 22, 2015

J.D. Power: Crash-prevention features top list; Lincoln losing taste for alphabet soup?; 200's breezy backstory.... Read More »

GM, Clemson roll out Deep Orange concept for urban, young buyers

6:30 pm U.S. ET | April 22, 2015

GM and Clemson University students unveiled a vehicle -- Deep Orange 5 -- aimed at young, price-conscious consumers in big cities that takes the connected, digital car to a new level.... Read More »

VINCE BOND JR.

BLOG: Toyota's message to critics who, um, pooh-pooh fuel cells

3:40 pm U.S. ET | April 22, 2015

Tongue planted firmly in cheek, Toyota launched a new campaign today showing how cow pies are a viable source of renewable energy.... Read More »

Chinese-owned MG eyes Europe push with new SUV

April 22, 2015 06:01 CET

MG Motor may expand into mainland Europe with the MG GS SUV, which was unveiled at this week's Shanghai auto show. The MG GS will go on sale in the UK next year and will compete against models such as the Nissan Qashqai in the popular compact SUV/crossover segment.... Read More »

VW eyes budget car tie-up with Great Wall, report says

April 22, 2015 17:41 CET

Volkswagen is considering cooperating with China's Great Wall on a new budget model, a German business magazine reported. VW has discussed taking a stake in Great Wall, the report said.... Read More »

Autoliv predicts more growth after Q1 revenues rise

April 22, 2015 16:05 CET

Autoliv says it expects higher second-quarter sales growth after producing first-quarter earnings above market expectations on the back of strong sales in Europe and lower overall costs.... Read More »

GABE NELSON

BLOG: Why the auto industry should root for Tesla's battery play

3:20 pm U.S. ET | April 22, 2015

Tesla's plan to sell batteries for homes and businesses could create a new market for automakers' battery and hydrogen fuel cell technology.... Read More »

EVs need more fed support, study finds

11:32 am U.S. ET | April 22, 2015

A study commissioned by Congress says the federal government must to do more to support the market for electric and plug-in hybrid vehicles.... Read More »

Lithia's Q1 net income soars 64% on broad gains, DCH integration

11:03 am U.S. ET | April 22, 2015

Lithia Motors' net income surged 64 percent to $41 million in the first quarter from a year earlier, on strong sales across all divisions and the continued integration of its purchase last year of DCH Auto Group, the dealership group said today.... Read More »

VIDEO: AutoNews Now: Most-desired car tech

12:01 am U.S. ET | April 22, 2015

J.D. Power: Crash-prevention features top list; Lincoln losing taste for alphabet soup?; 200's breezy backstory.... Read More »

Auto safety technology trumps entertainment for consumers, J.D. Power study finds

1:00 pm U.S. ET | April 22, 2015

Automakers should invest in safety technology, over entertainment and convenience, to satisfy customers, according to a J.D. Power study released today.... Read More »

Dealers missing out on digital F&I sales, study finds

11:30 am U.S. ET | April 22, 2015

Consumers want F&I product information online rather than all-at-once at the end of their vehicle purchases, a new study finds. The survey by MakeMyDeal indicates that consumers want to learn about F&I products online before entering a new-vehicle store.... Read More »

F&I TIP

Pitch GAP as loan protection

10:46 am U.S. ET | April 22, 2015

Chris Shields, business manager for Mountain Valley Motors (Chrysler-Dodge-Jeep-Ram) in Blue Ridge, Ga., has a simple way to explain GAP. “I remind customers that their insurance company insures the vehicle; GAP insures the loan. And then I explain the other benefits of GAP.” GAP, or guaranteed asset protection, pays the shortfall if the insurance payout on a stolen or totaled vehicle isn't enough to cover the owner's loan or lease balance.... Read More »

JIM HENRY

BLOG: Auto finance critic Warren stands firm on CFPB dealership oversight

11:15 am U.S. ET | April 22, 2015

Sen. Elizabeth Warren is once again calling for direct regulation of auto dealerships by the Consumer Financial Protection Bureau.... Read More »

Asbury, Sonic see below-average F&I revenue at new-initiative stores

11:30 am U.S. ET | April 22, 2015

Two of the nation's biggest publicly traded dealership groups said early, small-scale results from their nontraditional dealerships -- either stand-alone used-vehicle stores or ones that use techniques such as no-haggle pricing -- showed below average F&I revenue per vehicle retailed.... Read More »

Some auto lenders let others pursue volume

11:15 am U.S. ET | April 22, 2015

Some auto lenders are choosing not to chase volume. Consumer Portfolio Services and PNC Bank are consciously passing up volume to protect profits and their credit standards. Wells Fargo made a similar statement this month.... Read More »

BMW is building vehicle distribution center in Texas to serve the South

10:44 am U.S. ET | April 22, 2015

BMW AG said it is building a vehicle distribution center in Texas to serve the Southern US. The facility at the Port of Galveston will serve the 45 BMW and Mini dealers in Texas, Oklahoma, Louisiana and Arkansas.... Read More »

AutoNation's Q1 net income rises 17%

7:00 am U.S. ET | April 22, 2015

AutoNation is picking up its acquisition pace as its profits continue to rise. Net income for the nation's largest new-car retailer jumped 17 percent in the first quarter to $111.5 million, the company said today.... Read More »

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