Daily Email Friday

Entry-level Jeep Renegade should boost brand in subcompact market

12:01 am U.S. ET | Jan. 23, 2015
The Renegade subcompact SUV is Jeep's latest attempt at an entry-level vehicle. With prices starting at $18,990, including shipping, the first Italian-made Jeep should help the brand thrive in the competitive subcompact market.... Read More »

 

NICK BUNKLEY

NADA, Tesla, pitchforks and torches -- a missed opportunity

1:00 am U.S. ET | Jan. 23, 2015
If there's one thing many car dealers can't stand right now, it's Tesla. Yet here they are, thousands of them, spending a few days right in Elon Musk's backyard.... Read More »

 

FCA projects 10% growth in U.S. retail sales for '15, extending streak

3:45 pm U.S. ET | Jan. 23, 2015
FCA US dealers were told to anticipate as much as 10 percent growth in their U.S. retail sales in 2015 as incremental deliveries from new vehicles such as the Jeep Renegade, Ram ProMaster City and Fiat 500X help extend the automaker's 57-month sales streak.... Read More »

 

GM to cut production of Chevy Sonic, Buick Verano

11:02 am U.S. ET | Jan. 23, 2015
General Motors is cutting production of its Chevrolet Sonic and Buick Verano small cars amid higher-than-normal inventories, a sign that low gasoline prices could be weakening the sales outlook for small cars.... Read More »

 

JAMES B. TREECE

Building a new fortress to protect data

2:00 pm U.S. ET | Jan. 23, 2015
When it comes to protecting sensitive data against hackers, the days of building thick digital walls and moat are over.... Read More »

 

MTV study finds Gen Y wants cars -- and a better buying process

4:00 pm U.S. ET | Jan. 23, 2015
Many millennials really do like cars and strive to own one. But they’d like the car buying process to take less time, be more transparent, offer more affordable customization options and have more targeted advertising. Those are the conclusions of a study conducted last spring by MTV, released at the National Automobile Dealers Association convention.... Read More »

 

Long-term trends to siphon off sales, NADA economist says

1:15 pm U.S. ET | Jan. 23, 2015
Steven Szakaly, NADA's chief economist, reiterated his forecast of 16.9 million U.S. light-vehicle sales in 2015. In explaining why his prediction remains below 17 million, in contrast to some more optimistic analysts, he delved into some of the long- and short-term trends that are siphoning off sales.... Read More »

 

DAVE GUILFORD

Navigating the great digital divide

3:30 pm U.S. ET | Jan. 23, 2015
Among the devotion to all things digital and data-driven in San Francisco, there are still some qualms over how today's shoppers want to kick the tires and take delivery of new wheels.... Read More »

 

Missouri dealers file suit to block Tesla sales

1:20 pm U.S. ET | Jan. 23, 2015
Missouri auto dealers filed suit to block Tesla Motors' direct manufacturer-to-consumer sales in the state. The Missouri Automobile Dealers Association on Thursday filed a lawsuit in a state court, accusing the Department of Revenue and its director, Nia Ray, of violating Missouri law by allowing Tesla to sell its vehicles without a franchise dealer.... Read More »

 

VINCE BOND JR.

Toyota channels Muhammad Ali for Camry Super Bowl spot

1:59 pm U.S. ET | Jan. 23, 2015
Toyota channels boxing legend Muhammad Ali in its Camry Super Bowl spot about overcoming obstacles. “How Great I Am” was originally slated to run pre-game, but Toyota confirmed today that it will now run in the first quarter.... Read More »

 

Honda signals shift from Takata, hires rival to supply Accord airbags, report says

12:19 pm U.S. ET | Jan. 23, 2015
Honda has chosen a competitor of embattled Takata to supply airbags for the next North American version of its Accord sedan, the automaker's best-selling vehicle, two people with knowledge of the decision told Reuters... Read More »

 

LINDSAY CHAPPELL

The other side of the digital ad craze

7:15 am U.S. ET | Jan. 23, 2015
One veteran ad agency owner has some advice for dealers pondering a shift in their marketing outlays: Don't be so quick to change horses.... Read More »

 

Ford takes charge of $800 million on Venezuelan currency

9:06 am U.S. ET | Jan. 23, 2015
Ford said it will take a one-time pretax charge of $800 million in its fourth quarter results because the inability to exchange US dollars for Venezuelan bolivars has restricted operations in the South American country.... Read More »

 

George Gibson, chief engineer of the Dodge Dart, dies at 92

9:17 am U.S. ET | Jan. 23, 2015
George Gibson Jr., a former chief engineer for Dodge, died Wednesday in Rochester, Minn. He was 92.... Read More »

 

New Ram ads feature singer Miranda Lambert

7:14 am U.S. ET | Jan. 23, 2015
Ram's newest advertising blitz features singer Miranda Lambert and her song, “Roots and Wings,” written exclusively for the campaign. The campaign includes television, print, digital, social media and long form video elements.... Read More »

 

DAVE VERSICAL

Industry's rising chorus: Timing is everything

6:27 pm U.S. ET | Jan. 22, 2015
Dealers spoke. NADA listened. So this year's convention started a day earlier, to get you home for the entire last-week-of-the-month sales push.... Read More »

 

Big dealerships are here to stay, panel says

9:00 pm U.S. ET | Jan. 22, 2015
Big dealerships are here to stay. That's the assessment of retailers talking about the dealership of the future at Thursday's Automotive News Retail Forum.... Read More »

 

Tamara Darvish joins credit union after rift over family dealerships

5:00 pm U.S. ET | Jan. 22, 2015
Tamara Darvish, a veteran auto dealership executive embroiled in a legal dispute with her family, is joining Pentagon Federal Credit Union, better known as PenFed, as executive vice president in charge of business development and government and community relations.... Read More »

 

Third-party auto shopping sites say don't count us out

8:15 pm U.S. ET | Jan. 22, 2015
Third-party shopping sites are far from an endangered species, despite AutoNation's much-publicized effort to reduce reliance on those sites by building its own online presence, panelists at the Automotive News Retail Forum said Thursday.... Read More »

 

Mobile is king, but third-party sites chart unique paths to connect dealers, buyers

10:00 pm U.S. ET | Jan. 22, 2015
Mobile is king when it comes to car shopping, representatives of third-party shopping sites say. But the sites will take different approaches to help automakers and dealers connect with potential customers as they compete for users and the industry's good will.... Read More »

 

Blue sky values up, but buy/sell activity likely to slow as industry growth does, panel argues

2:30 pm U.S. ET | Jan. 22, 2015
Slowing vehicle sales growth rates across the industry are also likely to slow dealership buy/sell activity just as blue sky values peak, just not yet, a panel of experts on dealership transactions said at the 2015 J.D. Power Automotive Summit.... Read More »

 

AutoNation digital effort grows

6:15 pm U.S. ET | Jan. 22, 2015
AutoNation will spread its AutoNation Express approach to online car purchasing to the rest of Florida during the next three months, CEO Mike Jackson said Thursday. The expansion follows the December launch of AutoNation Express in South Florida.... Read More »

 

Now's the time to invest, Cox's Schwartz says

7:15 pm U.S. ET | Jan. 22, 2015
Dealers should take advantage of the current good times to invest for the future, Sandy Schwartz, president of Cox Automotive, told the Automotive News Retail Forum Thursday.... Read More »

 

New models are driving brands' success

6:00 pm U.S. ET | Jan. 22, 2015
New-model introductions will continue to boost the performance of auto franchises for the next two years. Brands from mass-market to luxury are chalking up positive results in customer satisfaction and owner-loyalty largely as a result of a stream of new and substantially redesigned products.... Read More »

 

A bright outlook for 2015 -- with a few worries

2:45 pm U.S. ET | Jan. 22, 2015
Risky car loans are on the increase, rising interest rates will put a crimp on product prices, and a new wave of off-lease vehicles soon will wash over the market. That's the bad news, Thomas King, J.D. Power vice president of OEM operations, told the audience at Power's Automotive Summit on Thursday at the National Automobile Dealers Association convention here.... Read More »

 

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Ryan Hunter-Reay races to Indy 500 winner’s circle

Ryan Hunter-Reay races to Indy 500 winner’s circle

BorgWarner’s video montage highlighting 2014 Indianapolis 500 winner Ryan Hunter-Reay. Thu., January 15
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