Retail

Japanese automakers to subsidize hydrogen station operating costs

6:25 am U.S. ET | July 1, 2015

Toyota, Nissan and Honda plan to help cover the cost of operating hydrogen stations in the country to popularize cars powered by fuel cells.... Read More »

Spanish new-car sales jump 24% as scrappage program boosts demand

July 1, 2015 12:31 CET

Spanish new-car sales rose 24 percent in June as a government-backed subsidy scheme continued to boost demand. In the first six months, sales increased 22 percent.... Read More »

French car sales rise 15% in June on extra working days

July 1, 2015 11:14 CET

French new-car sales increased 15 percent in June as two extra working days helped to lift registrations to the biggest monthly gain in four years.... Read More »

Hyundai global sales fall for third straight month

6:41 am U.S. ET | July 1, 2015

Hyundai's sales fell for a third straight month, dragged down by a slump in overseas deliveries as unfavorable currency exchange rates undermine its ability to compete against Japanese automakers.... Read More »

Newer Audi, BMW, Subaru models use lots of oil, Consumer Reports survey finds

3:10 pm U.S. ET | June 30, 2015

Newer models from Audi, BMW and Subaru are burning a lot of oil between routine oil changes, according to a consumer survey from Consumer Reports.... Read More »

RICHARD TRUETT

BLOG: The (technology) pluses and minuses of a GM-FCA deal

11:15 am U.S. ET | June 30, 2015

GM and FCA could benefit from each other's technology. Instead of a full-blown merger, maybe some small side-deals is all Sergio needs.... Read More »

Toyota Mirai rated at U.S. range of 312 miles

4:00 pm U.S. ET | June 30, 2015

Toyota says its high-stakes hydrogen car will have a U.S. rating of 312 miles between refueling stops, farther than the Tesla Model S.... Read More »

Two Las Vegas dealerships settle deceptive advertising charges

3:47 pm U.S. ET | June 29, 2015

Two Las Vegas car dealerships have agreed to settle Federal Trade Commission charges that they used deceptive advertising. The dealerships, Planet Hyundai and Planet Nissan, ran ads that misrepresented the purchase price or leasing offers of their vehicles and the amount due at signing, the FTC said.... Read More »

Hyundai ad agency swaps CEOs; top marketer leaves

5:45 pm U.S. ET | June 29, 2015

Hyundai's ad agency, Innocean, has executed a changing of the guard that sources described as an attempt to strengthen ties with Hyundai.... Read More »

BB&T to launch flat fees; feds applaud

12:01 am U.S. ET | June 29, 2015

Auto retailers working with BB&T Dealer Finance soon can expect to be paid flat fees, rather than dealer reserve, for arranging customers' loans. BB&T will launch a nondiscretionary dealer compensation program on July 1.... Read More »

Car-sharing plan cuts owner costs

12:01 am U.S. ET | June 29, 2015

Ford Motor Co. is entering the car-sharing market with a program that will cut Ford Credit customers' vehicle costs by enabling them to rent out their cars. The pilot program, Peer-2-Peer Car Sharing, invites 26,000 select Ford Motor Credit Co. customers in six U.S. cities and London to rent their vehicles to other drivers for short-term use.... Read More »

LETTER TO THE EDITOR

A role for dealers in lease transfers

12:01 am U.S. ET | June 29, 2015

I read with great interest about James B. Treece's experience in assuming the short-term lease of a Chevy Volt ("Mixed reviews are in after assuming lease for Volt," June 8). I agree with him. Dealers should have a role in the lease-transfer process.... Read More »

EDITORIAL

How dealers can protect themselves from bad actors

12:01 am U.S. ET | June 29, 2015

A blot on auto retailing is developing in Birmingham, Ala. Eight former employees of Serra Automotive Group pleaded guilty to charges including falsifying documents and two managers are accused of cheating on Nissan North America's national sales incentive program.... Read More »

Bill Ford to receive award from Steven Spielberg

1:15 pm U.S. ET | June 29, 2015

Ford Executive Chairman Bill Ford will receive the Ambassador for Humanity Award from the USC Shoah Foundation at the organization's gala on Sept. 10. Hollywood legend Steven Spielberg will present Ford with the award.... Read More »

Hyundai snags NFL sponsorship, replacing GM

10:00 am U.S. ET | June 29, 2015

Hyundai and the NFL jointly announced a four-year sponsorship deal today as the Korean automaker continued its push into sports marketing. The new sponsorship, which replaces General Motors, allows Hyundai to use NFL trademarks in its own advertising. Hyundai also gains preferred marketing access to annual events such as the Scouting Combine for draft-eligible players, the NFL Draft and the Super Bowl.... Read More »

Toyota uses geography-targeted Snapchat ads

10:33 am U.S. ET | June 29, 2015

Toyota is driving "Let's Go Places" to some new digital venues that are decidedly local.... Read More »

LOST IN TRANSLATION

NYC dealership must provide documents for non-English speakers

12:01 am U.S. ET | June 29, 2015

As part of a settlement with the New York attorney general's office, a New York City dealership group must begin providing translations of sales documents to customers who negotiate their vehicle purchases in languages other than English.... Read More »

Bosch positions for electrification growth

12:01 am U.S. ET | June 29, 2015

German supplier Robert Bosch and Japanese battery partner GS Yuasa are “on a good path” toward developing a lithium ion battery that costs half as much as today's batteries but has twice the energy density, a top Bosch executive said.... Read More »

Mini gets serious with the new Clubman

12:01 am U.S. ET | June 29, 2015

Mini will take a more serious tone in marketing for the new Clubman, which it is aiming at premium compact buyers.... Read More »

No seat unturned in flood-damage search

12:01 am U.S. ET | June 29, 2015

Since torrential downpours hit Houston in late May, Bob Sluss has been extra vigilant about leaving no stone - or seat - unturned when appraising used vehicles. Sluss has seen a spike in trade-ins with water damage that was not disclosed by their owners.... Read More »

CarMax makes big plans for smaller markets

12:01 am U.S. ET | June 29, 2015

CarMax Inc. plans to expand its reach by opening smaller stores in smaller markets, said CEO Tom Folliard. He said the used-vehicle powerhouse has identified at least 80 markets that will support stores that are downsized from typical CarMax outlets.... Read More »

LETTER TO THE EDITOR

My Saturn stores were profitable

12:01 am U.S. ET | June 29, 2015

My company, Lucas Dealership Group, owned and operated 30 new-car dealerships between 1960 and 2000, including six Saturn stores. GM wanted to purchase them back, and it was willing to pay a goodwill/blue-sky premium. GM knew Saturn dealerships were profitable and had faith in the future of the product.... Read More »

BEST PRACTICES

Dealer Wise goes the extra mile(s) for buyers

12:01 am U.S. ET | June 29, 2015

Let's say you're shopping at one of the Randy Wise Automotive stores in this area, and you decide to check out a vehicle from a different brand at another dealership owned by the group. Well, just sit tight. The folks at Randy Wise will fetch the vehicle for you or drive you to where it is. Five dealerships. Ten brands. New or used. Your pick.... Read More »

Dealers

12:01 am U.S. ET | June 29, 2015

Dealers featured this week include Chuck Anderson, dealer principal at University Mazda in Seattle; Don Gasgarth, dealer principal of Don Gasgarth's Charlotte County Ford in Port Charlotte, Fla.; and John Voss, dealer principal at Voss Toyota in Beavercreek, Ohio.... Read More »

GABE NELSON

BLOG: Self-driving cars already have ethics

12:01 am U.S. ET | June 28, 2015

Car companies aren't usually involved in philosophic debates, but right now they're facing a big, thorny question: how the self-driving cars of the future will decide who will live and who will die.... Read More »

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