nada conventionMAKE MEETINGS -- MITSUBISHI Mitsubishi tells dealers it's staying in U.S. 12:01 am U.S. ET | Feb. 18, 2013 Mitsubishi Motors North America executives told a standing-room-only make meeting that the Japanese brand is committed to the United States and will double its marketing budget this year.... Read More »
NADA CONVENTION Telematics challenge: Capable but simple 12:01 am U.S. ET | Feb. 18, 2013  Telematics systems run the risk of becoming too complicated and distracting, yet they also can become outdated well before the vehicle's life is complete. So said a panel at the J.D. Power International Automotive Roundtable.... Read More »
The giddy sales forecast: Full speed ahead! 12:01 am U.S. ET | Feb. 18, 2013  All that giddy optimism in the air at the National Automobile Dealers Association convention was remarkable and appeared genuine. That's because, one by one, automakers have followed up their bold talk with big sales projections for 2013.... Read More »
Cheap, easy credit gives lift to leases 12:01 am U.S. ET | Feb. 18, 2013  Encouraged by cheap and easily available credit, several mass market brands will get more aggressive with leasing this year to boost sales and customer loyalty.... Read More »
KEITH CRAIN Orlando was the place to be 12:01 am U.S. ET | Feb. 18, 2013  During the National Automobile Dealers Association convention in Orlando this month, there was buzzing. Last year was a good one. Everyone was upbeat and looking forward, with some caution, to the rest of the year. It was a pleasant change from the past few years Keith Crain is editor-in-chief of Automotive News.... Read More »
Getting Busy at NADA 12:01 am U.S. ET | Feb. 18, 2013 The NADA convention in Orlando was a round-the-clock combination of serious business, relationship building and relaxing with peers and colleagues. Here are some scenes from the show.... Read More »
NADA CONVENTION Dealers brace for health care sticker shock 12:01 am U.S. ET | Feb. 18, 2013  Two years of hoping the national health care law would go away have left many auto dealers unprepared for changes that take effect Jan. 1. Dealers have 10 months left to re-evaluate and restructure their employee health care benefits under the Affordable Care Act.... Read More »
NADA CONVENTION NADA's agenda: Cut red tape, watch Washington 12:01 am U.S. ET | Feb. 18, 2013  he new chairman of the National Automobile Dealers Association will keep a close eye on how new health care and lending laws are implemented and also wants NADA to find ways to cut red tape affecting dealerships, he said during his inaugural speech.... Read More »
MAKE MEETINGS -- BUICK-GMC Buick, GMC seek 10% sales gains 12:01 am U.S. ET | Feb. 18, 2013  Buick wants to continue driving its lease penetration higher with a zero-down-payment promotion this month, General Motors executives told dealers at the Buick-GMC make meeting.... Read More »
MAKE MEETINGS -- AUDI Audi to pump up U.S. supply of Q5s 12:01 am U.S. ET | Feb. 18, 2013 Audi of America's supply of Q5 crossovers will grow by about 8,000 in 2013, Audi executives told dealers during their make meeting. The move should ease shortages that frustrated dealers and customers last year.... Read More »
MAKE MEETINGS -- KIA The key word at Kia meeting was 'more' 12:01 am U.S. ET | Feb. 18, 2013 Kia told a full house of dealers that more models, more advertising and more sales and service business are headed their way in the coming years.... Read More »
MAKE MEETINGS -- MINI Mini boosts marketing budget 30% 12:01 am U.S. ET | Feb. 18, 2013 The 60 or so dealers at the first Mini make meeting held at a National Automobile Dealers Association convention were told to expect a bigger marketing budget this year and a redesigned Cooper hardtop next year.... Read More »
MAKE MEETINGS -- ACURA Acura: RDX, ILX to fuel 19% gain in retail sales 12:01 am U.S. ET | Feb. 18, 2013 Acura plans a 19 percent increase in new-vehicle retail sales in 2013, dealers were told at the make meeting. The brand is counting on its RDX crossover and ILX entry-level sedan to drive sales this year.... Read More »
MAKE MEETINGS -- CADILLAC Cadillac expects fresh lineup to lift retail sales 35% 12:01 am U.S. ET | Feb. 18, 2013  Cadillac is targeting a retail sales jump of about 35 percent this year and plans a fall rollout of the next-generation CTS sedan, General Motors executives told dealers at the make meeting.... Read More »
MAKE MEETINGS -- MAZDA Mazda6, CX-5 to boost Mazda sales, loyalty 12:01 am U.S. ET | Feb. 18, 2013  Mazda has struggled with customer loyalty for years, but the launch of the redesigned Mazda6 and a full year of CX-5 sales should reverse the trend, executives and dealers said at the make meeting.... Read More »
MAKE MEETINGS -- VOLKSWAGEN VW: Sizzling sales pace to cool 12:01 am U.S. ET | Feb. 18, 2013 Volkswagen brand expects to increase U.S. sales 11 percent in 2013, executives told dealers at the make meeting.... Read More »
MAKE MEETINGS -- VOLVO Volvo revamps margin and bonus structure 12:01 am U.S. ET | Feb. 18, 2013  Volvo is putting a new margin and bonus structure into effect with the launch of 2014 models. The new structure contains variable elements tied to sales performance, customer satisfaction and updated facilities.... Read More »
MAKE MEETINGS -- LINCOLN The upside of MKZ delay: Quality counts 12:01 am U.S. ET | Feb. 18, 2013  Lincoln dealers say they're impressed by the brand's efforts to get the 2013 MKZ's quality right, even though many still have not received the redesigned sedan.... Read More »
MAKE MEETINGS -- SUBARU Subaru: Sales could hit 400,000 in 2013 12:01 am U.S. ET | Feb. 18, 2013 Subaru of America targets 365,000 sales this year, but the total could go as high as 400,000, said COO Tom Doll.... Read More »
MAKE MEETINGS -- NISSAN Sales are up; Nissan keeps game plan 12:01 am U.S. ET | Feb. 18, 2013 After setting a brand sales record in 2012 and two years of record dealer profitability, Nissan urged retailers at its make meeting to stay focused on the strategy of the past three years.... Read More »
MAKE MEETINGS -- PORSCHE Porsche: More cars, happy dealers 12:01 am U.S. ET | Feb. 18, 2013 Porsche executives aim at least to match last year's 21 percent sales growth on the strength of updated products launching in 2013, they told dealers at the make meeting.... Read More »
MAKE MEETINGS -- JAGUAR Jaguar: F-Type, awd will boost sales 12:01 am U.S. ET | Feb. 18, 2013  Jaguar sales will rise this year with the addition of four- and six-cylinder engines, all-wheel drive and the new F-Type roadster, dealers and executives said after the make meeting.... Read More »
MAKE MEETINGS -- INFINITI Infiniti to ease tight supplies of QX56, FX 12:01 am U.S. ET | Feb. 18, 2013 Johan de Nysschen, the executive who left Audi in June to run Infiniti worldwide, couldn't attend the Infiniti make meeting. So he recorded a 10-minute video to tell U.S. dealers that Infiniti has a stream of new products coming through 2020, and that parent company Nissan Motor Co. solidly supports the plan.... Read More »
MAKE MEETINGS -- HYUNDAI Hyundai will roll out owner loyalty programs 12:01 am U.S. ET | Feb. 18, 2013  Despite tight inventories, Hyundai hopes a third shift of Elantra production added in September at its plant in Montgomery, Ala., will boost total U.S. sales in 2013 to 730,000, which would be a 4 percent increase over 2012.... Read More »
MAKE MEETINGS -- TOYOTA Hot January torpedoes Toyota's sales forecast 12:01 am U.S. ET | Feb. 18, 2013  Toyota is recalculating its projected U.S. sales gain for 2013 after getting off to a fast start for the year.... Read More »
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