GMAC

Europe sales advance 9% in July as economies rebound

Aug. 24, 2015 06:01 CET

European new-car registrations rose 9.1 percent in July as recession-hit countries such as Portugal and Ireland, along with the major markets of Germany, the UK, France and Italy, performed strongly.... Read More »

Market slump casts shadow over how U.S. sales will finish August

2:45 pm U.S. ET | Aug. 24, 2015

Slumping stock markets could make it tough for dealerships to hit their August targets for U.S. new-vehicle sales, rattling consumers who might be on the fence about making a big purchase. The broad declines in U.S. equity markets also pushed shares of General Motors and Ford to 52-week lows Monday before rebounding.... Read More »

Why gasoline is both incredibly cheap and absurdly expensive

3:03 pm U.S. ET | Aug. 24, 2015

Filling up with gasoline in the U.S. is the cheapest it’s been in a decade and yet way too expensive.... Read More »

Toyota will ban ads below invoice

12:01 am U.S. ET | Aug. 24, 2015

Toyota is preparing to ban dealerships from advertising vehicles at below-invoice prices, in line with a similar policy at Honda. Toyota-brand dealers are giving the plan mixed reviews.... Read More »

Despite growth, some dealers grumble

12:01 am U.S. ET | Aug. 24, 2015

NADA's latest dealer attitude survey found Volkswagen, Infiniti and Mini dealers were the most disgruntled, while Lexus, Toyota, Subaru, Audi and Ford dealers were the most upbeat overall.... Read More »

Rare mascots are something to crow about

12:01 am U.S. ET | Aug. 24, 2015

Du Pont Motors represented a fairly significant portion of awesome mascots - that's hood ornaments - on the show field at Pebble Beach. There were a handful of rare, coveted Lalique eagles on display, along with one Lalique rooster... Read More »

BEST PRACTICES

Tech-savvy teens help buyers learn how to use car features

12:01 am U.S. ET | Aug. 24, 2015

Teenagers' addiction to their smartphone may be annoying to parents and teachers, but it makes them perfect candidates to work for Quirk Ford. The Massachusetts dealership employs high school students to teach its customers how to use the technology in their vehicles.... Read More »

Mobility for Tesla? Musk isn't saying -- or is he?

12:01 am U.S. ET | Aug. 24, 2015

What's behind that eye-popping new share price outlook Morgan Stanley analyst Adam Jonas put on Tesla? Bloomberg reports that the key reason for raising the target to $465 from $280 (the stock closed at $255.25 on Aug. 19) is currently at about $243) is what Jonas calls “Tesla Mobility, an app-based, on-demand mobility service.”... Read More »

Cruise extravaganza is a dream for Dodge

12:01 am U.S. ET | Aug. 24, 2015

When affordable performance rides are your bread and butter, the Dream Cruise is a marketing bonanza, says Dodge boss Tim Kuniskis, whose brand is on a on a big performance kick.... Read More »

Getting behind the gap in public, private dealership profits

12:01 am U.S. ET | Aug. 24, 2015

Publicly traded dealership groups' reported first-half profits were much higher than what private dealerships reported to the National Automobile Dealers Association. Here's why.... Read More »

25 with Hyundai

Dealers

12:01 am U.S. ET | Aug. 24, 2015

Michael Schmitz, principal owner of Hyundai of Dothan in Dothan, Ala., receives a 25-year award from Dave Zuchowski, CEO of Hyundai Motor America.... Read More »

Shelby takes its muscle overseas -- and to the mall

12:01 am U.S. ET | Aug. 24, 2015

Shelby American will take its performance brand to China and other world markets... Read More »

BEST PRACTICES

Connecticut offers EV rebates to jolt sales

12:01 am U.S. ET | Aug. 23, 2015

In May, Connecticut became the first state to offer cash-on-the-hood rebates to customers who buy EVs or plug-in hybrids, such as the Nissan Leaf, Chevrolet Volt or and Ford C-Max Energi.... Read More »

AutoNation bets on FCA, smaller markets

12:01 am U.S. ET | Aug. 23, 2015

AutoNation is on pace for its biggest acquisition year since 1999, and CEO Mike Jackson expects to make at least one more dealership purchase this year. Deals announced last week will give AutoNation more Fiat Chrysler stores and more locations in smaller markets.... Read More »

Tesla revamps retail stores, adds apparel, gear

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

Tesla Motors is launching a wholesale revamp of its stores worldwide as the electric-car company prepares to introduce the Model X, its first SUV. The effort is largely devoted to telling the Tesla story, critical for a young company selling a product that remains mysterious -- and intimidating -- to most drivers.... Read More »

North America churning out vehicle records

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

Production of cars and trucks in North America is running at historic levels. In July, 1,382,380 vehicles were produced, an increase of 6.9 percent and a new record for the month. It also marked the 48th straight month in which North American output surpassed 1 million.... Read More »

'Performance is good business'

Amid sales decline, Dodge boss sees a plan coming together

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

With Dodge's U.S. sales off 16 percent this year in a rising overall market, you could argue brand chief Tim Kuniskis should be worried. Yet standing in a parking lot with 10,000 fellow gearheads this month, Kuniskis looked around and saw a brand strategy that is coming together nicely.... Read More »

Toyota plans Olympic all-stars, report says

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

Toyota will capitalize on its sponsorship of the 2020 Olympics by launching a string of new models tied to the games, including a taxi and fuel cell cars, a Japanese magazine reported.... Read More »

Oil prices, in boon to truck sales, fall below $40 a barrel as glut spreads

5:12 pm U.S. ET | Aug. 21, 2015

Oil prices on Friday plunged below $40 a barrel in New York for the first time in more than six years, extending the longest decline since 1986 on concern lower demand and growth will prolong a global glut.... Read More »

Mercedes to hang 3-pointed star on new home of Atlanta Falcons, report says

1:15 pm U.S. ET | Aug. 21, 2015

Mercedes-Benz is poised to secure the naming rights to a new stadium for the NFL's Atlanta Falcons, according to a report.... Read More »

Tesla to install charging stations at 30 high-end Airbnb properties

9:51 am U.S. ET | Aug. 21, 2015

Tesla is providing charging stations to Airbnb hosts on the West Coast as part of a partnership with the home-sharing startup.... Read More »

Zetsche mulls cooperation with Apple, Google, report says

8:03 am U.S. ET | Aug. 21, 2015

Daimler's CEO said "different types" of cooperation with Apple and Google are possible as carmakers realize next-generation autos cannot be built without greater input from telecoms and software experts.... Read More »

YANG JIAN

BLOG: Why the Chinese market rout is hitting global auto brands

5:04 am U.S. ET | Aug. 21, 2015

The Chinese government's decision to allow small- and medium-sized businesses to list on the stock market produced a rout that wiped out the wealth of middle-class consumers, the main customers for global automakers.... Read More »

YANG JIAN

BLOG: Why the Chinese market rout is hitting global auto brands

5:04 am U.S. ET | Aug. 21, 2015

The Chinese government's decision to allow small and medium-sized businesses to list on the stock market produced a rout that wiped out the wealth of middle-class consumers, the main customers for global automakers.... Read More »

How Daimler's Car2go could transform how New Yorkers get around town

3:55 pm U.S. ET | Aug. 20, 2015

As residents of Brooklyn and Queens know all too well, not having a car makes it difficult to get from one borough to the other. But soon there will be another option: hopping into an unnervingly small, but surprisingly roomy, two-person vehicle and motoring to the other borough, where the rental ends once the driver parks.... Read More »

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