Retail

Asbury raises its acquisition target

7:27 am U.S. ET | Oct. 21, 2014
Asbury Automotive Group Inc.'s acquisition ambitions keep getting bigger. Asbury, the nation's seventh-largest dealership group, said today that it now aims to buy stores that will add $500 million in annual revenue during the next 18 months.... Read More »

 

JAMIE LaREAU

Gen Y guru entertains, informs

4:23 pm U.S. ET | Oct. 21, 2014
Who knew that demographics could be so funny?... Read More »

 

Nissan's 2016 Maxima drives back to roots

12:01 am U.S. ET | Oct. 21, 2014
Nissan's redesigned Maxima sedan may be getting back to its “4DSC” roots. Recent spy photos show an early prototype of the 2016 Maxima. The 2016 Maxima's fastback styling mimics the four-door coupe body styles found on several German cars.... Read More »

 

Sonic pushes back rollout of customer-experience program

3:40 pm U.S. ET | Oct. 21, 2014
Sonic Automotive will take at least six months longer than originally planned to roll its new customer experience program out to all of its dealerships.... Read More »

 

Ford cuts Focus Electric price by $6,000

3:23 pm U.S. ET | Oct. 21, 2014
Ford slashed the price of the Focus Electric by $6,000 to $29,995, including shipping. The price reduction will remain in effect for all 2014 models and will continue when 2015 models are introduced.... Read More »

 

Citroen withholds new crossover from booming segment in Europe

Oct. 21, 2014 12:17 CET
Citroen's new C3-XR subcompact crossover will remain a China-only vehicle after the brand ruled out European sales of the model. Citroen says the C4 Cactus is a better fit in Europe for customers seeking a small SUV-styled vehicle.... Read More »

 

Chinese auto market growth will slow to 5% this year, group says

Oct. 21, 2014 11:34 CET
China's vehicle sales will likely rise just 5 percent in 2014 to 23 million, according to the country's main auto association, which revised its growth forecast downward for the second time this year.... Read More »

 

'Aggressive' EV ambitions will boost aluminum demand in China

Oct. 21, 2014 12:02 CET
China's drive to build electric cars as a way to combat pollution and reduce energy dependence is likely to set up a greater-than-forecast surge in demand for aluminum, according to Novelis, the world's biggest supplier of the material to automakers.... Read More »

 

Pulling the plug: EV battery module exchange put to test

12:01 am U.S. ET | Oct. 20, 2014
A team of engineers at the University of California, San Diego, plans to make a cross-country trip in an electric vehicle -- without plugging the car in once. Instead of going by the traditional plug-and-wait protocol for EVs, the engineers will swap out rechargeable, briefcase-size battery modules on the fly as they travel from San Diego to the coast of South Carolina in less than 60 hours.... Read More »

 

How #1 store scores with employees

12:01 am U.S. ET | Oct. 20, 2014
Texas dealer Greg May encourages staffers to provide input and solve problems on their own. The empowered workforce at May's Chevrolet store in West quickly went into action last year, following a nearby fertilizer plant explosion. May's team converted the service area into a donation center. The blast strengthened the camaraderie within the store, which is ranked No. 1 on the 2014 Automotive News Best Dealerships To Work For in North America list.... Read More »

 

Tesla courted suppliers in bid to stop bill banning direct sales in Mich.

6:22 pm U.S. ET | Oct. 20, 2014
Tesla Motors looked for support from its suppliers in Michigan in the company's unsuccessful bid to get Governor Rick Snyder to veto a bill that bans Tesla from selling its EVs directly to customers in the state.... Read More »

 

BEST PRACTICES

A terrible wreck, but not a total loss

12:01 am U.S. ET | Oct. 20, 2014
Most dealerships send totaled cars straight to the junkyard. White Bear Mitsubishi put one on display, and it has been reaping the rewards ever since.... Read More »

 

BILL LIA: Keep stores modern

12:01 am U.S. ET | Oct. 20, 2014
"People keep asking us for our store designs," says Bill Lia, the 78-year-old CEO of Lia Auto Group in Albany, N.Y., which just finished building its 19th dealership. "We want to keep everything modern and up to date."... Read More »

 

WHO WANTS HYBRIDS?

Falling gasoline prices make alternative-fuel vehicles a tougher sell

12:01 am U.S. ET | Oct. 20, 2014
For a sign of the challenges in selling fuel efficiency as a virtue, Tanner Hulette need only look at the signs near his dealership advertising gasoline for $2.70 a gallon. Hulette, general manager of Mechanicsville Toyota near Richmond, Va., said he's seeing higher demand for pickups and SUVs, and less interest in the Prius hybrid.... Read More »

 

Best Dealerships To Work For honored

12:01 am U.S. ET | Oct. 20, 2014
A video montage of all 101 dealerships recognized on the 2014 list of the Best Dealerships To Work For.... Read More »

 

Tesla's sales limits in Michigan tightened by one word of law

8:32 am U.S. ET | Oct. 20, 2014
By the removal of a personal pronoun from state law, a bill awaiting Governor Rick Snyder's signature would make it harder for Tesla Motors to sell its electric vehicles directly to customers in Michigan.... Read More »

 

918 Spyder nearly sold out, Porsche says

12:01 am U.S. ET | Oct. 20, 2014
Porsche's limited-run 918 Spyder is nearing sellout status. Production of the plug-in hybrid supercar's 918 promised units will end next July, and planned production is sold out through late March or early April, said Andre Oosthuizen, vice president of marketing for Porsche Cars North America Inc.... Read More »

 

CarMax's U-turn: A return to Web leads

12:01 am U.S. ET | Oct. 20, 2014
Used-car powerhouse CarMax has begun posting vehicle inventory again on AutoTrader.com and Cars.com after a 16-month hiatus. The shift underscores the challenge that new-car leader AutoNation faces in its effort to rely less on third-party lead sites.... Read More »

 

AutoNation won't up and quit 3rd parties

12:01 am U.S. ET | Oct. 20, 2014
Mike Maroone, COO of AutoNation Inc., said the dealership group intends to proceed cautiously in reducing its reliance on third-party online shopping sites.... Read More »

 

Are railroads snubbing autos?

12:01 am U.S. ET | Oct. 20, 2014
Automakers frustrated by expensive delays in transporting vehicles to dealerships are about to learn whether railroads give preferential treatment to other shippers.... Read More »

 

Timeline: Regrowing pains

12:01 am U.S. ET | Oct. 20, 2014
A look back at the events of August, September and October, 2009... Read More »

 

Bad feelings in Billings over deal veto

12:01 am U.S. ET | Oct. 20, 2014
GM nixed the sale of a Chevrolet store in Montana to former NADA Chairman Bill Underriner. The tale behind that deal - what happened before and after -- shows how the right-of-first-refusal option can sour relations between dealers -- and between dealers and the factory.... Read More »

 

Cadillac dealers feel the heat

12:01 am U.S. ET | Oct. 20, 2014
Many Cadillac retailers say they've bought into the vision of Cadillac president Johan de Nysschen, who along with other top General Motors executives sold that vision during a dealer meeting last month in Las Vegas. The meeting left them inspired by promises of an abundance of product and a management philosophy that preaches product exclusivity. But others, especially lower-volume Cadillac dealers, are worried.... Read More »

 

FIVE YEARS LATER

Auto economists eye troubling signs on horizon

12:01 am U.S. ET | Oct. 20, 2014
Business is booming for auto dealers five years after the national economic crisis, so what could go wrong? Plenty, warns a number of auto industry economists.... Read More »

 

FIVE YEARS LATER

GM's loss, Hyundai's gain

12:01 am U.S. ET | Oct. 20, 2014
Stores targeted for closure by one troubled brand were snapped up by a rising brand.... Read More »

 

Special Report
How #1 store scores with employees

How #1 store scores with employees

Texas dealer Greg May encourages staffers to provide input and solve problems on their own. Mon., October 20
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