MIKE COLIAS

BLOG: Malibu? Not the biggest splash at Chevy this week

2:34 pm U.S. ET | April 1, 2015

The major Chevy ad campaign that rolls out starting today is more important than any single vehicle, including the retooled 2016 Malibu. Here's why.... Read More »

Toyota defies March doldrums on Corolla, RAV4 deals

2:36 pm U.S. ET | April 1, 2015

Toyota offered big discounts in March for its spring promotion, helping it reach a 4.9 percent increase in U.S. sales from the year-earlier level, even as rivals General Motors, Ford, Honda and Nissan posted weaker results.... Read More »

Nissan's sales slip 2.7 percent, still top Honda's

2:17 pm U.S. ET | April 1, 2015

Nissan North America slipped 2.7 percent in its March U.S. sales, but it nonetheless outsold American Honda for the third straight month. Nissan and Infiniti brand sales totaled 145,085 vehicles in March.... Read More »

With F-150 supply tight, Ford sales drop 3.5% in March

2:04 pm U.S. ET | April 1, 2015

With stocks of the 2015 aluminum-body F-150 pickup still tight as the company ramps up production at its Kansas City Assembly Plant, Ford sales dropped 3.5 percent in March.... Read More »

Subaru embarks on STI push with NY performance concept

12:30 pm U.S. ET | April 1, 2015

Subaru took the wraps off its STI Performance Concept in a preview of the brand's expanding focus on tuner parts and performance editions. The concept, based loosely on the body of the Subaru BRZ sporty coupe, encapsulates both Subaru Tecnica International's parts and motorsports activities.... Read More »

Dura owner Lynn Tilton sues SEC after it charges her with fraud

12:04 pm U.S. ET | April 1, 2015

Escalating her battle with the federal regulators, flamboyant New York investor Lynn Tilton, who has a variety of automotive parts holdings, sued the US Securities and Exchange Commission to stop it from pursuing a case charging her with defrauding her investors.... Read More »

Kia fine-tunes Optima with slight design changes, new tech

1:30 pm U.S. ET | April 1, 2015

The 2016 Optima looks fairly similar from the outside, aside from athletic-looking creases on the hood and more angular headlight assemblies. In crafting the fourth-generation Optima, so critical to Kia's position in the U.S., the company embraced an old adage: Don't fix what isn't broken.The more substantial changes to the Optima are under the skin.... Read More »

Next-generation Audi R8 will star in new 'Avengers' film

12:28 pm U.S. ET | April 1, 2015

Audi connoisseur Tony Stark will stay loyal to the brand in the upcoming superhero movie Avengers: Age of Ultron.... Read More »

Porsche anticipates rush of demand for Boxster Spyder

12:55 pm U.S. ET | April 1, 2015

Porsche executives expect the rush for the new Boxster Spyder unveiled today to be similar to what they’ve seen for other recently introduced special versions of existing nameplates. The Boxster Spyder goes on sale in the U.S. in October but can be ordered at dealerships now.... Read More »

LINDSAY CHAPPELL

BLOG: Traditional sedans fading away? Not in New York

12:10 pm U.S. ET | April 1, 2015

One of the more troubling sales trends for car buffs lately has been a shift away from sedans. Especially larger sedans. But watch the runway at this year's New York auto show.... Read More »

France, Italy, Spain sales growth in March encourages European recovery hopes

April 1, 2015 12:12 CET

New-car registrations rose in France, Italy and Spain last month, adding to signs that the European auto market is recovering. France's auto industry body, the CCFA, raised its full-year forecast for the country to a 2 percent gain, close to many predictions for Europe as a whole.... Read More »

NEAL E. BOUDETTE

BLOG: After two N.Y. unveilings, what's next for Scion?

9:50 am U.S. ET | April 1, 2015

Scion unveiled two new cars Tuesday night and almost immediately shifted the focus to what's coming next. The smart money is betting on a small crossover.... Read More »

GM expects to earn $350 million over 3 years from 4G technology in cars

11:34 am U.S. ET | April 1, 2015

General Motors will generate $350 million in improved profit over the three years to 2018 from its rollout of 4G LTE mobile broadband in its cars and trucks, CFO Chuck Stevens said today.... Read More »

Feds put add-on products in their cross hairs

11:00 am U.S. ET | April 1, 2015

The Federal Trade Commission has set its sights on what it calls add-on products: F&I products sold at dealerships such as anti-theft etching or biweekly payments. “The cases we brought today were the first two -- but not the last,” Jessica Rich, director of the FTC Bureau of Consumer Protection, said during a conference call on March 26. She was discussing a crackdown, dubbed “Operation Ruse Control,” on fraudulent dealership practices by authorities in the U.S.... Read More »

Lexus goes bold with next RX crossover

9:15 am U.S. ET | April 1, 2015

In its latest expression of polarizing design, Lexus has drawn sharp creases along the sides of the 2016 RX crossover and given it an aggressive face. It's a risky move. The RX is Lexus' top-selling nameplate in the United States, and its customers aren't exactly used to an edgy look.... Read More »

Chevy Malibu sheds weight, gains room with sculpted 2016 makeover

12:01 am U.S. ET | April 1, 2015

The next-generation Chevrolet Malibu will be larger, lighter, packed with new safety gear and wrapped in sheet metal that signals Chevy's ambition to turn the heads of midsize sedan buyers. The 2016 Malibu, unveiled at the New York auto show today, looks to be an all-out bid by GM to lift the car from its also-ran status.... Read More »

CFPB keeps wary eye out for subprime-lending abuses

11:00 am U.S. ET | April 1, 2015

The Consumer Financial Protection Bureau sees the combination of easier credit, a rise in credit losses from historic lows and longer terms in subprime auto loans as an “emerging” risk worth keeping an eye on, said Steven Antonakes, deputy director.... Read More »

NYC aims to remove dealers as middlemen on used-car loans

11:00 am U.S. ET | April 1, 2015

The City of New York is campaigning to remove dealer reserve from used-vehicle financing. And it's enlisting lenders' help to do it.... Read More »

JIM HENRY

BLOG: No such thing as 'little' lies on credit apps

11:00 am U.S. ET | April 1, 2015

The Federal Trade Commission served up a forceful reminder last week that inflating a customer's income on a credit application isn't just a little white lie, even if it's intended to “help” the customer.... Read More »

TODAY'S F&I TIP

Light days should never be lazy days

10:10 am U.S. ET | April 1, 2015

Don’t while away the hours on a slow day. “Focus on constructive activities,” George Angus, head trainer at Team One Group, advises F&I managers. “Use this time to hone your skills. Practice your presentation. Develop your lender relations. Be a cheerleader. Whether you know it or not, the people around you look to you for direction.”... Read More »

Daimler board will extend CEO Zetsche's contract through 2019

April 1, 2015 15:25 CET

Daimler's supervisory board plans to extend CEO Dieter Zetsche's contract to 2019, making it more likely old-guard executives will lose out to younger managers next time the post is available. The extension could rule out trucks division head Wolfgang Bernhard, China boss Hubertus Troska and finance chief Bodo Uebber as potential successors.... Read More »

Daimler predicts profit rise on boost from China

April 1, 2015 10:49 CET

Daimler predicted higher profit this year, lifted by stronger demand in China, where first-time buyers often opt for an upscale car. The company targets a 9 percent return on sales after generating a margin of 7.8 percent in 2014.... Read More »

Infiniti gives the QX50 a new life despite low sales

9:00 am U.S. ET | April 1, 2015

Infiniti has given its low-selling, small QX50 crossover a quick makeover for 2016 with new front and rear designs and a re-engineered chassis.... Read More »

VIDEO: 
First Shift: High-stakes car for Cadillac

8:00 am U.S. ET | April 1, 2015

Brand boss: CT6 kicks off 'product offensive'; Scion iA, iM; Buffett's 'Ruth and Gehrig'; new Boxster Spyder.... Read More »

Fiat to halt output at Brazil factory on slumping demand

April 1, 2015 09:45 CET

Fiat Chrysler will halt production at a plant in Brazil due to lower demand and high stock levels. Fiat joins VW in cutting output as car sales slump in the country.... Read More »

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