Automotive News Editors Pick Feed News, blogs and commentary from the leader in North American automotive news en-us Fri, 16 Nov 2018 06:00:00 EST VW's CEO Herbert Diess says big changes are ahead for automaker, 'big potential' in United States Mon, 12 Nov 2018 00:01:00 EST Herbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company. VW CEO Herbert Diess says automaker can help make EVs mainstream Mon, 12 Nov 2018 00:01:00 EST If electric vehicles fail to catch on globally over the next several years, it won't be because Volkswagen didn't try, CEO Herbert Diess says. Toyota's Lentz wields the ax as headquarters demands fatter profits Mon, 12 Nov 2018 00:01:00 EST Toyota's North America CEO Jim Lentz is looking to chop unpopular nameplates from the U.S. lineup as bosses in Japan order him to restore sagging profitability to record levels. Jeep teaser leaks 2020 Wrangler-based pickup debut Mon, 12 Nov 2018 00:01:00 EST We know Jeep is building a Wrangler-inspired pickup -- it's just a matter of what it'll be named, what it will look like and when it will show up. Well, the folks at JeepScrambler Forum answered one of those questions -- the when. Plan for your future, or plan to cash out, car dealers told Mon, 12 Nov 2018 00:01:00 EST Presidio Group, a dealership buy-sell advisory firm, recommends that its clients create a conversion plan to serve the future industry or opt to sell their dealerships ahead of predicted dealership disruption from autonomous vehicles. Chase Auto unifies marketing, direct lending Mon, 12 Nov 2018 00:01:00 EST Chase Auto has handed responsibility for direct lending to its chief marketing officer, part of an effort to unify its customer-facing business and present services beyond traditional auto lending. Internal combustion engine keeps improving as EV hype grows Mon, 12 Nov 2018 00:01:00 EST This may be the dawn of the electric vehicle era, but 2018 has been a phenomenal year for the humble internal combustion engine. New CEO brings tech chops to CDK Global Mon, 12 Nov 2018 00:01:00 EST New CDK Global CEO Brian Krzanich has no experience in the auto industry, but he might just have the tech skills the company needs. Volvo's 'Care' subscription service coping with its success Mon, 12 Nov 2018 00:01:00 EST Volvo's early success with its car subscription plan has put the company in an enviable position as automakers tinker with business models that don't revolve around traditional car ownership. Data helps solve pre-owned sales puzzle Mon, 12 Nov 2018 00:01:00 EST Margin compression in the used-vehicle market has made knowing the intricacies of data more important than ever for dealers. Kia's Han-woo Park says design, quality will push Kia to next level Mon, 12 Nov 2018 00:01:00 EST Han-woo Park says Kia is graduating from its position as a fast follower to being a global leader in such areas as design and quality. The Kia CEO also wants to build up the brand's light-truck lineup. Former NFL players' auto dealerships lose franchises Mon, 12 Nov 2018 00:01:00 EST A once-prospering dealership group has lost franchises at two of its dealerships in Pennsylvania, while two Michigan dealerships have closed. GM's revived credit business helps finance its future Mon, 12 Nov 2018 00:01:00 EST GM Financial is expected to serve as a fount of profits for General Motors to fund investments in emerging technologies. Findlay Honda creates comfort zone for customers Mon, 12 Nov 2018 00:01:00 EST Finance directors have different ways of approaching customer interviews. Relying on the sales team works for some, while others want more independence. NAAA boosts effort to recruit more technicians for auto auction industry Mon, 12 Nov 2018 00:01:00 EST The National Auto Auction Association is spending $125,000 on two initiatives to help members find and hire more technicians. Export scams and schemes create enforcement morass Mon, 12 Nov 2018 00:01:00 EST The challenge for law enforcement is separating legitimate shipments from illegal ones in the murky area between criminal fraud and breach of private contracts. Subaru quality problems extend to U.S. Mon, 12 Nov 2018 00:01:00 EST Subaru has been dogged by rising quality problems in Japan. The lapses are now bleeding into the all-important U.S., and global President Tomomi Nakamura isn't happy. Carvana expansion not impeded by wider losses Mon, 12 Nov 2018 00:01:00 EST Carvana Co.'s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive. Next Mazda3 takes mild hybrid approach Mon, 12 Nov 2018 00:01:00 EST Mazda pulls the curtains on its next-generation Mazda3 small car at this month's Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains. New vehicle inventories make sharp jump in October Mon, 12 Nov 2018 00:01:00 EST U.S. new-vehicle inventories rose sharply last month, reaching the highest level for the start of November since 2014. Carter Myers Automotive prioritizes female service advisers Mon, 12 Nov 2018 00:01:00 EST At Carter Myers Automotive, 18 of 40 service advisers #8212; 45 percent #8212; are women. That puts the retailer well beyond its peers, and the dealership group is reaping benefits in parts-and-service sales and customer outreach. VW CEO Herbert Diess says automaker has put most of its diesel emissions scandal in the past Sun, 11 Nov 2018 00:01:00 EST CEO Herbert Diess says that, thanks in part to a global strategy shift to electric vehicles and efforts to clean up its own house after spending more than $30 billion to make things right, VW has put "most" of the diesel scandal in the past. Election could bring more gridlock, tariffs Sun, 11 Nov 2018 00:01:00 EST Auto industry stakeholders looking forward to some postelection progress on legislation and an end to the Trump administration's tariff volleys should probably expect the opposite. GM's Maven ponders lawnmowers, UFOs as it seeks to diversify beyond cars and trucks Sun, 11 Nov 2018 00:01:00 EST Maven's current "car sharing marketplace" is the first product in a potential line of shared products for the emerging consumer platform. Hyundai CEO Wonhee Lee says brand is playing crossover catchup, with an eye on a pickup Sun, 11 Nov 2018 00:01:00 EST Wonhee Lee is pushing Hyundai Motor Co. to introduce a full lineup of crossovers, roll out more electrified vehicles with next-generation batteries, and possibly even offer a pickup. Hyundai sharpens social media tools to target buyers for 2018 Sonata Sat, 10 Nov 2018 00:01:00 EST For a video campaign to promote the 2018 Sonata, Hyundai couldn't go in with a goal of reaching broad groups like millennials. It had to go hunting specifically for in-market sedan buyers, a pool that becomes shallower by the year. Toledo spurs hometown industrial resurgence Sat, 10 Nov 2018 00:01:00 EST Toledo's port authority is using spec building to stimulate the city's historic automotive manufacturing presence. Volkswagen CEO Herbert Diess says in interview that German automaker is actively looking to add U.S. manufacturing capacity and that talks with Ford Motor Company could expand Mon, 5 Nov 2018 00:01:00 EST Volkswagen CEO Herbert Diess tells Automotive News that the Chattanooga plant could grow, or VW could build another plant to expand North American capacity for EVs and perhaps a pickup. U.S. OCTOBER 2018 AUTO SALES: 5 highlights Mon, 5 Nov 2018 00:01:00 EST U.S. auto sales edged up in October, which was not what analysts had expected. Here are five highlights from the month. A look at the cars and trucks that made an impression at SEMA Mon, 5 Nov 2018 00:01:00 EST When it comes to SEMA, the more outlandish and eye-popping vehicles, the merrier. Here's a glance at some that stuck out. AutoNation's Mike Jackson says Vroom plans still up in the air Mon, 5 Nov 2018 00:01:00 EST AutoNation's $50 million investment in online used-vehicle retailer Vroom could someday lead to a strategic partnership. But for now, it's solely an investment. Japan's automakers wonder how to meet local content rules under USMCA Mon, 5 Nov 2018 00:01:00 EST Japan's carmakers see tough challenges in meeting more stringent North American local-content rules. They may have to rethink sourcing of seven key component systems. Mini stores may share space with BMW dealerships Mon, 5 Nov 2018 00:01:00 EST The change would end Mini's insistence on a separate high-profile identity. Lexus adds ES to Japan lineup to counter slowing sedan sales Mon, 5 Nov 2018 00:01:00 EST Lexus hopes demand for premium rides can offset a shrinking market for large sedans. Big auto suppliers hurt by cars' slide, lower output Mon, 5 Nov 2018 00:01:00 EST Worldwide production cuts and the shift away from cars is casting a shadow on some suppliers. FCA's record 3rd-quarter profits tops Ford, matches GM Mon, 5 Nov 2018 00:01:00 EST After years of being Detroit's third wheel, FCA outearned Ford in the third quarter and matched GM's 10.2% North American profit margin. Penn. dealer launches auction for trade-ins Mon, 5 Nov 2018 00:01:00 EST Blaise Alexander Family Dealerships opened its own weekly auction to wholesale its excess used cars and trade-ins, saving fees and earning extra revenue. GM sounds the alarm on costs, even as its profits grow Sun, 4 Nov 2018 00:01:00 EST GM's actions and tone were typical for a time of operational and financial chaos. But this time, they're being framed as proactive steps for the automaker to weather a downturn without shortchanging its future. Hyundai dealers unfazed by executive changes at U.S. unit Sun, 4 Nov 2018 00:01:00 EST With an influx of fresh crossovers to sell, Hyundai's U.S. dealers aren't losing sleep about the changing faces at the top. Caresoft's virtual teardown software saves millions and mess Sat, 3 Nov 2018 00:01:00 EST Caresoft engineers use high-tech 3D scans to virtually strip apart cars #8212; down to individual battery cells, wires and screws #8212; and sells that data to curious automakers and suppliers for up to half a million dollars. San Diego dealer targeted in gambler's lawsuit over giveaway Sat, 3 Nov 2018 00:01:00 EST A gambler who refused to give up her claim to a car she says she won at a casino is suing the dealership for fraud. FCA, 2,200 years after Hannibal, brandishes 1,000-hp war elephant Tue, 30 Oct 2018 19:30:00 EST Some 2,200 years after Hannibal crossed the Alps to invade Italy using an army of African war elephants, FCA's Mopar brand is unleashing the Hellephant -- a giant, supercharged 1,000-hp crate engine it intends to sell next year and is capable of... New car buyers feel the pinch as interest rates rise and incentives dip Mon, 22 Oct 2018 00:01:00 EST Customers coming back to the new-vehicle market are finding heftier price tags and dwindling financing options. Electric car startup Rivian ready to reveal first products at AutoMobility LA Mon, 22 Oct 2018 00:01:00 EST The suburban Detroit electric-vehicle aspirant Rivian Automotive, spearheaded by car geek and MIT graduate RJ Scaringe, will show its first two models next month. Why automakers let some outdated vehicles hang around Mon, 22 Oct 2018 00:01:00 EST Automakers are usually all about what's new -- new product, new technology, new brand image. But they're also pragmatic businesses willing to milk profits out of vehicles overdue for a refresh. Enterprise, Avis invest to stake claim in mobility future Mon, 22 Oct 2018 00:01:00 EST Rental car companies are partnering with some mobility players, acquiring others and leveraging their scale and expertise to play a key role in the future of transportation. Amid unease, dealers get clearest look yet at Ford's restructuring plan Mon, 22 Oct 2018 00:01:00 EST Dealers got the clearest look to date at CEO Jim Hackett's restructuring plan. Executives vowed to freshen showrooms through shorter product development cycles. Honda tests V2X technology at intersection in Marysville, Ohio Mon, 22 Oct 2018 00:01:00 EST Last November, the city of Marysville, Ohio, mounted four cameras above the traffic lights at an nondescript intersection as part of a pilot project with Honda. Residents thought it was a way to trap them with speeding tickets. porsche-rennsport-reunion-vi Mon, 22 Oct 2018 00:01:00 EST The buzz about Porsche's Rennsport Reunion VI at the WeatherTech Raceway Laguna Seca near Monterey, Calif., last month just doesn't stop. So we decided to give it another, closer look. Car dealers in Florida and Georgia rebuild after Hurricane Michael Mon, 22 Oct 2018 00:01:00 EST Dealerships in several states were damaged after Hurricane Michael, but in terms of concentrated wreckage, Panama City, Fla., appears to be ground zero. Jamie Butters joins Automotive News in new role of content officer Mon, 22 Oct 2018 00:01:00 EST Jamie Butters has joined Automotive News in the new role of chief content officer. The move positions Butters to succeed Richard Johnson when he retires as editor of the weekly print edition on March 1, 2019. Navya has plans for its Saline plant Mon, 22 Oct 2018 00:01:00 EST Navya, the French maker of autonomous shuttle buses, has opened an assembly plant in Michigan and plans to add a robotaxi to its lineup. AutoNation: CEO to see which products need a boost Mon, 22 Oct 2018 00:01:00 EST Next year, AutoNation will be ready to hand off its brand extension strategy to a new leader and decide in which elements of the brand extension to invest its capital and management expertise. Roger Penske joins speaker lineup at World Congress Mon, 22 Oct 2018 00:01:00 EST Roger Penske, a household name in the auto world for more than a half-century, will speak at the Automotive News World Congress on Wednesday, Jan. 16. Dealers sue Mazda over multi-tier bonus plan Mon, 22 Oct 2018 00:01:00 EST Florida dealership Kuhn Mazda and the New Jersey Coalition of Automotive Retailers are suing Mazda Motor of America Inc. in two lawsuits alleging its new Mazda Brand Experience Program 2. Cox Automotive to shed staff as it restructures Mon, 22 Oct 2018 00:01:00 EST Cox Automotive plans to cut more jobs as the company restructures its priorities in a shifting industry landscape. Automotive News Mexico launches Mon, 22 Oct 2018 00:01:00 EST The Automotive News Group has created Automotive News Mexico, a Spanish-language news organization devoted to covering North America's fastest-growing auto market. Ohioan in line to head NADA in '20 Mon, 22 Oct 2018 00:01:00 EST Ricart, 61, CEO of Ricart Automotive Group near Columbus, was elected last week as NADA's next vice chairman, putting him in line to become chairman in 2020. Nissan store in Boulder, Colo., goes all in on the Leaf EV Mon, 22 Oct 2018 00:01:00 EST A Colorado Nissan dealership amps up electric vehicle sales via a well-trained sales force and marketing alliances with local companies, aimed at getting consumers in an electric state of mind. China poses challenge for Nissan-Google partnership Sun, 21 Oct 2018 00:01:00 EST Renault-Nissan-Mitsubishi's plan to roll out Google connectivity faces a roadblock in China. Hyundai, Kia face potential safety crisis even as their quality ratings soar Sun, 21 Oct 2018 00:01:00 EST The automakers and NHTSA point to recalls already issued for engine fixes. But the Center for Auto Safety says those calls weren't comprehensive enough, and Congress wants answers. A roundup of 2018 sales races, including those coming down to the wire Sun, 21 Oct 2018 00:01:00 EST Well into the fourth quarter, we have a pretty good grasp of 2018's sales winners and losers. Still, several races will go down to the wire. Multiple routes, denser areas the next test for Silicon Valley startup's self-driving service Sat, 20 Oct 2018 00:01:00 EST In the summer, Silicon Valley startup was among the first to launch commercial service with autonomous vehicles. Now, it's taking the next step, launching its second route in suburban Dallas, this one open to the general public. GM offers extensions of factory warranties Mon, 15 Oct 2018 00:01:00 EST General Motors will begin offering extended bumper-to-bumper limited warranties on new vehicles, an offer that has some franchised dealers uneasy. Has the conversation on sexism changed? Take our new survey Mon, 15 Oct 2018 00:01:00 EST Automotive News is conducting a survey of women currently working in the auto industry to discover if the conversation on sexism in the workplace has changed in the last year. Keeping auto retail disruption in perspective Mon, 15 Oct 2018 00:01:00 EST Big shifts are coming to the auto retail world, and dealers say they're getting ready for them. But don't fall for all the fantastical forecasts you hear, they caution. Paris auto show was a showcase for wagons, hatchbacks Mon, 15 Oct 2018 00:01:00 EST Europeans still are showing some love for wagons and hatchbacks even as sales of crossovers and SUVs boom, just as in the U.S. Porsche dealers brace for electric era Mon, 15 Oct 2018 00:01:00 EST Porsche faces a future in which its signature engines are replaced by electric motors. The automaker's retailers are suiting up for the challenge. Nissan's 6th-gen Altima hits new performance bar Mon, 15 Oct 2018 00:01:00 EST Nissan's sixth-generation Altima leverages the largest investment in powertrain in the company's history. Volvo focuses on safety for autonomous cars Mon, 15 Oct 2018 00:01:00 EST Volvo, with a bevy of new tools to ensure passenger safety, is shifting its safety strategy from passenger protection to accident prediction and avoidance, says the director of the Swedish carmaker's Car Safety Center. Can Scott Keogh repeat his Audi success at VW? Mon, 15 Oct 2018 00:01:00 EST In taking control of parent Volkswagen and its namesake marque across North America, Scott Keogh again faces a struggle to lift a German brand. Ford gripped by new tensions Mon, 15 Oct 2018 00:01:00 EST Ford has had a tough time getting others to understand and gain confidence in the early stages of CEO Jim Hackett's companywide restructuring, and salaried workers are now wondering about their future with the company as cuts loom. German luxury brands face twin hurdles in USMCA and Brexit Mon, 15 Oct 2018 00:01:00 EST Both Brexit and the USMCA have the potential of redrawing the map when it comes to the complex web of vehicle and component production. 5 questions for the man behind the Ford Edge ST Mon, 15 Oct 2018 00:01:00 EST Ford engineer Ed Krenz talks the future of the Ford Edge ST. Hyundai's Kona Electric has crossover niche to itself Mon, 15 Oct 2018 00:01:00 EST Hyundai is looking to upend the notion that families with EVs need a gasoline-powered backup vehicle. South Korea's Mobis develops proving ground for self-driving technology Mon, 15 Oct 2018 00:01:00 EST South Korean supplier Hyundai Mobis, determined to catch up on self-driving technology, invested $300 million to equip its new proving grounds with multiple test tracks, including an intelligent transportation system course and what it calls the... NADA chairman Wes Lutz cautions dealers to question mobility 'hype' Mon, 15 Oct 2018 00:01:00 EST "Question the hype." That's Wes Lutz's advice on prognostications of how primary transportation models will change. Opel to end production of Buick Cascada in 2019 Mon, 15 Oct 2018 00:01:00 EST Opel, General Motors' former European unit, said last week it plans to stop producing the Buick Cascada in 2019. Jay Wolfe Toyota's freebies pay for themselves Mon, 15 Oct 2018 00:01:00 EST Jay Wolfe Toyota sought a more meaningful incentive than extended powertrain warranties, which customers rarely get to use. Old Dana acquisitions position it for electrified future Mon, 15 Oct 2018 00:01:00 EST Dana looks to many like an old-school maker of 20th century parts. Jim Kamsickas has a different vision. French interiors supplier, Faurecia, has new ideas Mon, 15 Oct 2018 00:01:00 EST Faurecia chief Patrick Koller says new automakers are open to new approaches to interiors. Software giant SAP plans growth in connected car services Mon, 15 Oct 2018 00:01:00 EST A global software colossus wades deeper into the connected-car business. U.S. vehicle inventory matches slowing market Mon, 15 Oct 2018 00:01:00 EST Inventory levels have stabilized in a healthy range for most automakers over the last several months as companies continue to react to a slowing U.S. light-vehicle market by tapping the brakes on production. ID theft case shows dealers what to watch for Sun, 14 Oct 2018 00:01:00 EST A manager's skepticism may have helped prevent his dealership from being victimized by what prosecutors say was an identity-theft and car-trafficking ring with expensive taste that managed to fool at least five other stores in suburban New York City. Detroit's Techstars Mobility helps startups Sun, 14 Oct 2018 00:01:00 EST While Silicon Valley and Tel Aviv are the unparalleled hot spots for advanced automotive tech, Detroit has quietly nurtured its own startups. Genesis G70 finally appears, but mostly on TV Sat, 13 Oct 2018 00:01:00 EST A Genesis spokesman told Automotive News the first G70s have been shipped, and that the brand is expecting 100 to 200 dealers to have them by the end of the year. U.S. luxury auto sales race goes down to the wire Sat, 13 Oct 2018 00:01:00 EST The two top German luxury brands were nearly neck-and-neck going into the fourth quarter, with Mercedes-Benz eyeing a third consecutive year atop the U.S. luxury market. Mercedes-Benz uses personas to help young shoppers Mon, 8 Oct 2018 00:01:00 EST Mercedes-Benz Financial Services has developed three customer personas for market research. Affordability emerges as a headwind for auto sales Mon, 8 Oct 2018 00:01:00 EST Higher transaction prices and interest rates have analysts and dealers concerned that consumers may soon hit a critical point -- if they haven't already. First-time buyers need help from lenders Mon, 8 Oct 2018 00:01:00 EST First-time buyers often enter the dealership with misconceptions about the car-buying and financing process. Providing accessible financial literacy information is key for auto lenders who want to gain and retain financially savvy customers.