Audi R8 e-tron signals shift by German automakers to high-end EVs

March 4, 2015 16:12 CET
German carmakers are shifting their focus towards high-end electric vehicles such as the Audi R8 e-tron and away from cheaper city cars in an effort to revive environmentally-friendly but unpopular zero-emission vehicles.... Read More »

 

Online retail tools are changing F&I jobs, work force analyst says

11:00 am U.S. ET | March 4, 2015
The neat organization of dealership F&I departments isn't so neat anymore. And industry researchers believe online retail is the reason why.... Read More »

 

JIM HENRY

The auto fallout from tax refund delays

11:45 am U.S. ET | March 4, 2015
Tax refund season is typically the high point of the year for subprime auto lenders, but so far the early tax refund statistics are down slightly from a year ago.... Read More »

 

Next Malibu tackles weight, space challenges

9:49 am U.S. ET | March 4, 2015
The next-generation Chevrolet Malibu will have more interior space and weigh 300 pounds less than the current car, General Motors said today.... Read More »

 

Millennials coming on stream in auto loans, leases

11:00 am U.S. ET | March 4, 2015
Millennials get a bum rap as being less interested in driving and cars -- and in auto finance -- than previous generations, TransUnion says in a new study. In fact, millennials are the fastest-growing group of car buyers in auto lending, the TransUnion study found. Millennials represented 27 percent of total auto loans and lease originations combined in 2014, up from 16 percent in 2009.... Read More »

 

Toyota Financial explores how to improve e-commerce

11:00 am U.S. ET | March 4, 2015
As more shoppers turn to e-commerce as part of buying a car, Toyota Financial Services is turning to its U.S. dealers to find ways to improve its digital offerings. A major push: e-contracting, which Toyota Financial Services launched about two years ago.... Read More »

 

Loan amounts, payments reach new highs

11:00 am U.S. ET | March 4, 2015
The average amount financed for a new vehicle reached a record $28,381 in the fourth quarter of 2014, Experian Automotive said today. That was an increase of $950, or 3.5 percent, from the year-earlier quarter and a rise of $582, or 2.1 percent, from the previous high of $27,799, set in the third quarter last year.... Read More »

 

AutoNation's 8% sales gain beats market for Feb.

11:14 am U.S. ET | March 4, 2015
AutoNation said its new-vehicle retail sales jumped 8 percent in February compared to a year earlier, reaching 23,780 new units.... Read More »

 

Ford warning shows Britain must stay in EU, UK lawmaker says

March 4, 2015 16:23 CET
Ford of Europe CEO Jim Farley said the UK needs to stay in the EU to keep its manufacturers at the forefront of global production. "We really believe that the UK being part of the EU is critical for business," Farley said in a radio interview.... Read More »

 

Santander Consumer USA to pay $9.35 million settlement over military repos

12:01 am U.S. ET | March 4, 2015
Santander Consumer USA will pay at least $9.35 million to resolve charges that it improperly repossessed the cars of members of the military, the U.S. Department of Justice said.... Read More »

 

F&I TIP

Allow customers time to ponder

11:08 am U.S. ET | March 4, 2015
Customers sometimes need to go home and think, and that’s OK, says Brandon Wood, finance manager at Van Bortel Ford in East Rochester, N.Y. “I work for a dealer principal who never wants any customer feeling pressured, period,” he says. Wood sometimes emails customers a menu of F&I products to look over. He’s created different templates for new-car purchases, used, certified pre-owned and leases. “This saves so much time!”... Read More »

 

Toyota promotes Europe CEO Leroy to new global role

March 4, 2015 09:55 CET
Toyota will add Europe boss Didier Leroy to its board and promote him to global head of business in developed countries in a wider management shuffle. Johan van Zyl, currently CEO of Toyota's Africa region, will become Europe chief.... Read More »

 

Audi spreads wireless connectivity to nearly all 2016 models

10:53 am U.S. ET | March 4, 2015
Audi said it plans to equip nearly all of its 2016 model-year vehicles with 4G LTE or 3G high-speed data connectivity to give drivers Wi-Fi access from the road.... Read More »

 

2015 GENEVA AUTO SHOW

Fiat's Mazda-based roadster will be called the 124 Spider

March 4, 2015 14:24 CET
Fiat Chrysler CEO Sergio Marchionne revealed that Fiat will call its new Mazda-based roadster the 124 Spider, reviving a name from the 1960s. The roadster will be based on the Miata MX-5.... Read More »

 

AvtoVAZ raises Lada prices again on weak ruble

March 4, 2015 15:21 CET
Russian automaker AvtoVAZ has raised the prices of its Lada cars for the second time this year because of the weaker ruble. The automaker said prices rose by 4.8 percent on average after an increase of around 9 percent in January this year.... Read More »

 

First Shift: February winners, losers

12:01 am U.S. ET | March 4, 2015
Nissan advances in weather-beaten month; Toyota diversifies leadership; Sprinter van plan?; watching Apple, Google.... Read More »

 

DAVE GUILFORD

America, land of big spaces, spurs Hyundai Tucson redesign

12:01 am U.S. ET | March 4, 2015
How do you design a crossover with a name evoking the old West -- that cowboy, cactus, rugged desert terrain ethos?... Read More »

 

LUCA CIFERRI

Leroy's Toyota Europe success brings reward

6:34 am U.S. ET | March 4, 2015
When Didier Leroy was promoted to head Toyota's European operations in April 2011, his goal was to return the region to sustainable profitability. After a three-year plan that has brought success step-by-step, he now gets a new role with even more responsibility.... Read More »

 

Apple explores resolution of A123 Systems’ poaching suit

6:59 am U.S. ET | March 4, 2015
Apple said it’s exploring a potential resolution of a lawsuit in which it’s accused of poaching employees from a lithium ion battery maker amid reports that it’s trying to develop an electric car.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Lamborghini CEO takes aim at another sales record

March 4, 2015 06:30 CET
Lamborghini CEO Stephan Winkelmann is bullish about the supercar maker's future after setting a new sales record last year and entering 2015 with a "solid order book." Winkelmann discussed this as well as Lamborghini's response to tougher CO2 emissions rules with Automotive News Europe.... Read More »

 

PSA may expand sales of Citroen C4 Cactus to China

March 4, 2015 06:01 CET
PSA may expand sales of its Citroen C4 Cactus to China in a sign that a repositioning of the brand is bearing fruit. Sales of the hatchback have topped 50,000, beating expectations.... Read More »

 

FEBRUARY U.S. AUTO SALES

U.S. sales rise 5.3% as wintry weather takes toll

8:00 am U.S. ET | March 3, 2015
Toyota and Subaru joined a handful of smaller automakers in posting double-digit U.S. sales increases for February as severe winter weather crimped demand more than analysts had forecast. Most companies posted modest gains as the overall industry rose 5.3 percent. While last month's pace trailed January's hot start, the industry has taken solid early strides towards its sixth year of sales advances since the recession.... Read More »

 

First Shift: Marchionne's big mystery

12:01 am U.S. ET | March 3, 2015
FCA head has tie-up in mind - but not with VW; Ford, Hyundai, Infiniti debuts; Toyota Venza exit; ultra-luxury boom.... Read More »

 

2015 GENEVA AUTO SHOW

Lexus reveals potential Mini fighter

March 3, 2015 14:55 CET
Lexus revealed the aggressively styled LF-SA subcompact concept at the Geneva auto show that, if built, would compete against the Mini hatchback and Audi A1.... Read More »

 

2015 GENEVA AUTO SHOW

Opel/Vauxhall touts connectivity as OnStar rolls out in Europe

March 3, 2015 18:43 CET
Opel/Vauxhall believes its OnStar digital service will help it win new customers, boost sales and return to profit after it begins to roll out the service in 13 European markets including Germany, the UK, France, Italy and Spain.... Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
News by Brand