Automotive News Retail News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 27 Nov 2014 06:00:00 EST Opel is succeeding in restoring poor image, exec says http://www.autonews.com/article/20141127/COPY01/311289980/opel-is-succeeding-in-restoring-poor-image-exec-says Thu, 27 Nov 2014 00:01:00 EST Opel is succeeding in turning around its tattered image in Germany, the brand's marketing chief Tina Mueller said. Opel is succeeding in restoring poor image, exec says http://www.autonews.comhttp://europe.autonews.com/article/20141127/ANE/141129876/opel-is-succeeding-in-restoring-poor-image-exec-says Thu, 27 Nov 2014 00:01:00 EST Opel is succeeding in turning around its tattered image in Germany, the brand's marketing chief Tina Mueller said. Audi makes revised Q3 greener http://www.autonews.com/article/20141127/COPY01/311279967/audi-makes-revised-q3-greener Thu, 27 Nov 2014 05:34:28 EST The Audi Q3 will get more efficient powertrains with technology such as the crossover's first use of fuel-saving cylinder deactivation as part of its mid-cycle refresh. Audi starts U.S. sales of the revised Q3 next year. Audi makes Q3 greener to keep lead over BMW X1 http://www.autonews.comhttp://europe.autonews.com/article/20141127/ANE/141129872/audi-makes-q3-greener-to-keep-lead-over-bmw-x1 Thu, 27 Nov 2014 05:34:28 EST The Audi Q3 will get more efficient powertrains with technology such as the crossover's first use of fuel-saving cylinder deactivation as part of its mid-cycle refresh. Audi starts European sales of the revised Q3 in February. Fuel cell cars steal spotlight http://www.autonews.comhttp://europe.autonews.com/article/20141127/COPY/311289996/fuel-cell-cars-steal-spotlight Thu, 27 Nov 2014 00:01:00 EST Automakers are beginning to nudge the hydrogen fuel cell vehicle out of the illusion factory that is Southern California and into the broader conversation about the future of clean transportation. India may extend tax breaks for carmakers beyond 2014, report says http://www.autonews.comhttp://europe.autonews.com/article/20141127/ANE/141129873/india-may-extend-tax-breaks-for-carmakers-beyond-2014-report-says Thu, 27 Nov 2014 05:08:19 EST India may extend excise duty concessions for carmakers beyond Dec. 31, a finance ministry source said. European automakers such as Renault and VW are trying to gain a foothold in the market, which is led by Asian brands. Fuel cell vehicles: The only cars with potable exhaust? http://www.autonews.comhttp://europe.autonews.com/article/20141127/COPY/311239995/fuel-cell-vehicles-the-only-cars-with-potable-exhaust Thu, 27 Nov 2014 00:01:00 EST Toyota is pitching the Mirai hydrogen fuel cell car as a godsend for the planet. Heat and water are its only byproducts, not climate-altering carbon dioxide. But just how clean is that exhaust water vapor? Toyota's fuel cell goal: Big cost cutting http://www.autonews.comhttp://europe.autonews.com/article/20141127/COPY/311289994/toyotas-fuel-cell-goal-big-cost-cutting Thu, 27 Nov 2014 00:01:00 EST Toyota's top fuel cell engineer predicts the automaker will slash the cost of the next hydrogen-fueled powertrain to between one-third and one-fourth the cost of the current system. Bad weather will shape future retailing http://www.autonews.com/article/20141127/BLOG06/141129875/bad-weather-will-shape-future-retailing Thu, 27 Nov 2014 00:01:00 EST Bad weather has the power to overturn auto industry forecasts and plans and outlooks. And the long-range expectations for worse weather to come could have the power to mess up the industry's neat longstanding practices and traditions. Delinquency uptick on target, analysts say http://www.autonews.com/article/20141126/FINANCE_AND_INSURANCE/141129901/delinquency-uptick-on-target-analysts-say Wed, 26 Nov 2014 11:30:00 EST Analysts have been predicting for the past two years or so that auto loan delinquencies would grow, but the numbers are only now starting to catch up with the forecasts. VW Credit, Lincoln Financial tops in consumer satisfaction; captives sweep financing study http://www.autonews.com/article/20141126/FINANCE_AND_INSURANCE/311269997/vw-credit-lincoln-financial-tops-in-consumer-satisfaction-captives Wed, 26 Nov 2014 11:30:00 EST Website enhancements and a consumer invoice redesign paid off for Volkswagen Credit, which ranked tops among mass-market lenders in the J.D. Power 2014 U.S. Consumer Financing Satisfaction Study. Mich. store faces trial in suit over negative equity http://www.autonews.com/article/20141126/LEGALFILE/311269990/mich-store-faces-trial-in-suit-over-negative-equity Wed, 26 Nov 2014 11:30:00 EST A Michigan Chrysler-Dodge store violated state law by failing to itemize a customer's negative equity on new-car loan documents. More subprime lenders are on the hot seat http://www.autonews.com/article/20141126/FINANCE_AND_INSURANCE/311269996/more-subprime-lenders-are-on-the-hot-seat Wed, 26 Nov 2014 11:30:00 EST Three regulatory agencies -- two in New York and the Consumer Financial Protection Bureau in Washington -- have taken distinct actions recently against three different subprime auto lenders. Discounts, falling gas prices driving Nov. sales higher http://www.autonews.com/article/20141125/RETAIL01/141129902/discounts-falling-gas-prices-driving-nov-sales-higher Tue, 25 Nov 2014 15:30:00 EST The U.S. auto industry may post its highest November sales volume since 2001, and one forecaster says light-vehicle transaction prices are on pace to reach the highest level ever for a second consecutive month. Ford Mustang goes to Dubai http://www.autonews.com/article/20141125/VIRALVIDEO/312019999/ford-mustang-goes-to-dubai Tue, 25 Nov 2014 00:01:00 EST Ford is rolling out all the stops for the international debut of its pony car. Lexus' Bracken says 300,000 U.S. sales 'is within our grasp' this year http://www.autonews.com/article/20141124/RETAIL01/141129924/lexus-bracken-says-300000-u-s-sales-is-within-our-grasp-this-year Mon, 24 Nov 2014 13:35:41 EST Lexus is raising its U.S. sales target to 300,000 vehicles this year, General Manager Jeff Bracken said. 'We started the year with a sales goal of 290,000 units,' Bracken told Automotive News. 'Now 300,000 is within our grasp. Buffalo dealers dig out while Ford restarts stamping plant http://www.autonews.com/article/20141124/RETAIL/141129920/buffalo-dealers-dig-out-while-ford-restarts-stamping-plant Mon, 24 Nov 2014 14:44:28 EST Auto dealers in the Buffalo region are reopening this week after digging out from the massive snowstorm that dumped up to 7 feet of snow in some areas. Hyundai-Kia to sell record 8 million vehicles in 2014 http://www.autonews.comhttp://europe.autonews.com/article/20141124/COPY/311249926/hyundai-kia-to-sell-record-8-million-vehicles-in-2014 Mon, 24 Nov 2014 06:22:43 EST Hyundai and Kia said better-than-expected sales in Brazil, China and India will help them sell a record 8 million vehicles this year. In Europe, Hyundai expects to see a sales recovery driven by its new i20. Ford to keep base price stable on Explorer, but raises top trim level http://www.autonews.com/article/20141124/OEM04/141129919/ford-to-keep-base-price-stable-on-explorer-but-raises-top-trim-level Mon, 24 Nov 2014 15:58:56 EST Ford has held the line on prices for the refreshed 2016 Explorer crossover, but a new top-of-the-line Platinum trim raises the ceiling on what a customer can spend for the hot-selling full-size crossover to well above $50,000. Fiat takes on 'Fix It Again, Tony' in spot for the 500X http://www.autonews.com/article/20141124/RETAIL03/141129926/fiat-takes-on-fix-it-again-tony-in-spot-for-the-500x Mon, 24 Nov 2014 11:30:03 EST Fiat global brand head Olivier Francois calls Tony 'the elephant in the room.' And for more than five years, Fiat has tried to run away from him, even though Tony does not exist, but no more. Fuel cell cars steal spotlight http://www.autonews.com/article/20141124/OEM06/311249973/fuel-cell-cars-steal-spotlight Mon, 24 Nov 2014 00:01:00 EST Automakers are beginning to nudge the hydrogen fuel cell vehicle out of the illusion factory that is Southern California and into the broader conversation about the future of clean transportation. Toyota's fuel cell goal: Big cost cutting http://www.autonews.com/article/20141124/OEM06/311249976/toyotas-fuel-cell-goal-big-cost-cutting Mon, 24 Nov 2014 00:01:00 EST Toyota Motor Corp.'s top fuel cell engineer predicts the automaker will slash the cost of the next hydrogen-fueled powertrain to between one-third and one-fourth the cost of the current system. BMW, Mercedes gain in once-impregnable Korea http://www.autonews.com/article/20141124/COPY01/311249935/bmw-mercedes-gain-in-once-impregnable-korea Mon, 24 Nov 2014 00:01:00 EST South Korea's car imports have leapt from 3 percent of sales a decade ago to 14 percent today as foreign brands led by Germany's BMW and Mercedes take advantage of a free trade deal to grow sales in a once impregnable market. Hyundai-Kia says it will sell record 8 million vehicles globally in 2014 http://www.autonews.com/article/20141124/RETAIL01/141129930/hyundai-kia-says-it-will-sell-record-8-million-vehicles-globally-in Mon, 24 Nov 2014 06:22:43 EST Hyundai and Kia said better-than-expected sales in Brazil, China and India will help them sell a record 8 million vehicles this year, even as a stronger won erodes profitability. Ghosn: Nissan will fill gaps with Japanese imports http://www.autonews.com/article/20141124/OEM02/311249960/ghosn-nissan-will-fill-gaps-with-japanese-imports Mon, 24 Nov 2014 00:01:00 EST As Nissan Motor Corp. pushes to boost U.S. market share and cut reliance on Japanese imports, it's clear which goal takes priority: selling more vehicles. Even if it takes more imports to do it. Chevy will sit out Super Bowl http://www.autonews.com/article/20141124/RETAIL03/311249959/chevy-will-sit-out-super-bowl Mon, 24 Nov 2014 00:01:00 EST After two big plays in the last Super Bowl, Chevrolet may watch from the couch. Chevy Trax marketing will be heavy on digital http://www.autonews.com/article/20141124/RETAIL03/311249957/chevy-trax-marketing-will-be-heavy-on-digital Mon, 24 Nov 2014 00:01:00 EST Chevrolet will use a heavy dose of digital ads for the Trax when the subcompact crossover's marketing begins early next year. Dealer's vintage car auction packs 'em in http://www.autonews.com/article/20141124/RETAIL07/311249956/dealers-vintage-car-auction-packs-em-in Mon, 24 Nov 2014 00:01:00 EST We reported last month on Dallas-area Ford dealer Sam Pack's plans to auction off 131of his 473 vintage automobiles in Dallas on Nov. 15. So how did things turn out? The event certainly attracted a crowd. Now that's what I call a comeback http://www.autonews.com/article/20141124/RETAIL01/311249961/now-thats-what-i-call-a-comeback Mon, 24 Nov 2014 00:01:00 EST It's official. The comeback that has followed the bottoming out of auto sales in 2009 has some serious legs. In fact, it's the longest-lasting post-recession sales rebound in modern history. South Korea embraces European imports. Yes, South Korea http://www.autonews.com/article/20141124/GLOBAL02/311249962/south-korea-embraces-european-imports-yes-south-korea Mon, 24 Nov 2014 00:01:00 EST Here is a fairly stunning statistic: South Koreans, long viewed as among the most nationalistic of car buyers, are on track to spend more on vehicle imports from Europe this year than their country takes in from its own vehicle exports. Toyota: Fuel cell water safe to drink ... but don't try it http://www.autonews.com/article/20141124/OEM06/311249952/toyota-fuel-cell-water-safe-to-drink-but-dont-try-it Mon, 24 Nov 2014 00:01:00 EST Toyota pitches its new Mirai hydrogen fuel cell car as a godsend for the planet. Heat and water are its only byproducts, not climate-altering carbon dioxide. Popping the subprime bubble myth http://www.autonews.com/article/20141124/FINANCE_AND_INSURANCE/311249963/popping-the-subprime-bubble-myth Mon, 24 Nov 2014 00:01:00 EST There is no subprime auto loan bubble, darn it. That message came through loud and clear at session after session devoted to subprime lending during the Used Car Week Conferences sponsored by Auto Remarketing magazine this month in Las Vegas. Cardinale group makeover flexes digital muscle http://www.autonews.com/article/20141124/RETAIL07/311249996/cardinale-group-makeover-flexes-digital-muscle Mon, 24 Nov 2014 00:01:00 EST In 2008, the recession was raging, and dealer Joe Cardinale decided to make some changes. Structural damage or fender bender? http://www.autonews.com/article/20141124/RETAIL04/311249988/structural-damage-or-fender-bender Mon, 24 Nov 2014 00:01:00 EST TrueFrame will inspect any vehicle, at a dealership's request, that has an accident on its history report. TrueFrame issues its own report if the vehicle passes its cosmetic and structural standards. Next phase of multiplatform sales? Hold your horses http://www.autonews.com/article/20141124/RETAIL04/311249989/next-phase-of-multiplatform-sales-hold-your-horses Mon, 24 Nov 2014 00:01:00 EST Remarketers, auto dealers and others had hoped to hear at a remarketing conference this month about when the next stage in online multiplatform auction selling would arrive. BMW, Mercedes gain in once-impregnable Korea http://www.autonews.comhttp://europe.autonews.com/article/20141123/ANE/311169998/bmw-mercedes-gain-in-once-impregnable-korea Sun, 23 Nov 2014 00:01:00 EST South Korea's car imports have leapt from 3 percent of sales a decade ago to 14 percent today as foreign brands led by Germany's BMW and Mercedes take advantage of a free trade deal to grow sales in a once-impregnable market. Chrysler blitzes American Music Awards http://www.autonews.com/article/20141123/RETAIL03/141129932/chrysler-blitzes-american-music-awards Sun, 23 Nov 2014 23:00:00 EST Chrysler on Sunday night launched an ad blitz during the American Music Awards that linked five of its brands to A-list recording artists in spots that co-promoted both the vehicles and Interscope singles. How the stars aligned with Chrysler brands http://www.autonews.com/article/20141123/RETAIL03/141129931/how-the-stars-aligned-with-chrysler-brands Sun, 23 Nov 2014 23:00:00 EST How did Chrysler decide which star fit best with which auto brand? Marissa Hunter, director of global brand advertising and head of Ram Truck brand advertising, laid it out like this. Study slams CFPB's proxy methodology http://www.autonews.com/article/20141123/OEM11/311249966/study-slams-cfpbs-proxy-methodology Sun, 23 Nov 2014 00:01:00 EST The statistical method the Consumer Financial Protection Bureau uses to identify which consumers belong to minority groups correctly identified African-American borrowers only 24 percent of the time. Mercedes-Benz's first refusal right upheld http://www.autonews.com/article/20141122/LEGALFILE/311249995/mercedes-benzs-first-refusal-right-upheld Sat, 22 Nov 2014 00:01:00 EST Mercedes-Benz USA has beaten all claims but one in a lawsuit challenging its use of the right of first refusal to block a dealership buy/sell deal in Fresno, Calif. Two-car households will decline, KPMG report predicts http://www.autonews.com/article/20141122/RETAIL03/141129942/two-car-households-will-decline-kpmg-report-predicts Sat, 22 Nov 2014 00:01:00 EST Two-car households may be on the decline as urbanization increases, but they are far from disappearing, a KPMG report said this week. Volkswagen raises the stakes in China http://www.autonews.comhttp://europe.autonews.com/article/20141121/BLOG15/141129959/volkswagen-raises-the-stakes-in-china Fri, 21 Nov 2014 09:22:39 EST Volkswagen's investment plans for the next five years tell one story very clearly #8211; the company is becoming ever more dependent on growth in China in its bid to overtake Toyota as the world's No. 1 carmaker. Fuel cell vehicles: The only cars with potable exhaust? http://www.autonews.com/article/20141121/OEM05/141129956/fuel-cell-vehicles-the-only-cars-with-potable-exhaust Fri, 21 Nov 2014 10:28:27 EST Toyota is pitching the Mirai hydrogen fuel cell car as a godsend for the planet. Heat and water are its only byproducts, not climate-altering carbon dioxide. But just how clean is that exhaust water vapor? Hertz hires airline veteran Tague to revive company http://www.autonews.com/article/20141121/OEM02/141129954/hertz-hires-airline-veteran-tague-to-revive-company Fri, 21 Nov 2014 12:12:14 EST Hertz Global Holdings named John Tague as its new CEO, appointing the manager credited with boosting sales at United Airlines to restore investors' confidence in the car-rental company plagued by an aging fleet and sloppy accounting. BMW explores hike in i8 output to reduce wait time http://www.autonews.com/article/20141121/COPY01/311229999/bmw-explores-hike-in-i8-output-to-reduce-wait-time Fri, 21 Nov 2014 00:01:00 EST BMW may have to increase production of its i8 plug-in hybrid supercar to meet high demand. The waiting time of up to 18 months for the 120,000 euro coupe is too long, BMW sales chief Ian Robertson said. U.S. to be main market for Mercedes-AMG GT http://www.autonews.comhttp://europe.autonews.com/article/20141121/COPY/311219998/u-s-to-be-main-market-for-mercedes-amg-gt Fri, 21 Nov 2014 00:01:00 EST The United States will be the biggest market for the new Mercedes-AMG GT and is expected to account for 25 percent of the car's worldwide volume. Gestamp expects China to be its No. 3 market by 2015 http://www.autonews.comhttp://europe.autonews.com/article/20141121/ANE/141029825/gestamp-expects-china-to-be-its-no-3-market-by-2015 Fri, 21 Nov 2014 00:01:00 EST Gestamp, a Spanish supplier of metal auto parts, predicts that by 2015 China will become its third-largest market worldwide, after Germany and Spain. Apple's CarPlay goes missing in L.A. and in the showroom http://www.autonews.com/article/20141120/BLOG06/311219994/apples-carplay-goes-missing-in-l-a-and-in-the-showroom Thu, 20 Nov 2014 11:09:32 EST Tech giants Apple and Google have generated a lot of hype over the past 12 months over their plans to tightly integrate their smartphones and app technology with in-car infotainment systems. BMW may need to boost i8 output to cut waiting time http://www.autonews.comhttp://europe.autonews.com/article/20141120/ANE/141129976/bmw-may-need-to-boost-i8-output-to-cut-waiting-time Thu, 20 Nov 2014 12:26:01 EST BMW may have to increase production of its i8 plug-in hybrid supercar to meet high demand. The waiting time of up to 18 months for the 120,000 euro coupe is too long, BMW sales chief Ian Robertson said. Chevy Chaparral 2X Vision Gran Turismo concept pays homage to past, future http://www.autonews.com/article/20141120/BLOG06/141129968/chevy-chaparral-2x-vision-gran-turismo-concept-pays-homage-to-past Thu, 20 Nov 2014 15:36:33 EST It's ironic that the most futuristic Vision Gran Turismo virtual racer to date also has the deepest historical ties to motorsports. %]