Automotive News Retail News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Mon, 27 Jun 2016 06:00:00 EST Penske, Group 1 assess the damage http://www.autonews.com/article/20160627/RETAIL07/306279976/penske-group-1-assess-the-damage Mon, 27 Jun 2016 00:01:00 EST Penske Automotive and Group 1 Automotive took an immediate stock-price hit in the wake of Britain's vote to exit the European Union. Earnings will suffer from a collapsing British pound. But the longer-term impact remains unclear. Service adviser overtime case ain't over http://www.autonews.com/article/20160627/RETAIL07/306279962/service-adviser-overtime-case-aint-over Mon, 27 Jun 2016 00:01:00 EST The Supreme Court stopped short of settling once and for all the broader question of whether exemptions in overtime rules should apply to dealership service advisers, leaving open the possibility that the dispute could surface again. Cleveland got its trophy, and slam-dunk ad http://www.autonews.com/article/20160627/RETAIL03/306279983/cleveland-got-its-trophy-and-slam-dunk-ad Mon, 27 Jun 2016 00:01:00 EST When the Cleveland Cavaliers trailed the Golden State Warriors two games to one in the NBA Finals and things looked bleak, ad agency Tier10 shot an inspiring spot for the Northern Ohio Honda Dealers Association about the power of belief. What do Mustang and Camaro have in common? http://www.autonews.com/article/20160627/OEM/306279963/what-do-mustang-and-camaro-have-in-common Mon, 27 Jun 2016 00:01:00 EST Despite partisan loyalties on each side, starting next year the Chevrolet Camaro will share a transmission with the Ford Mustang. Mercedes execs to sample retail experience http://www.autonews.com/article/20160627/RETAIL07/306279972/mercedes-execs-to-sample-retail-experience Mon, 27 Jun 2016 00:01:00 EST About 40 Mercedes-Benz USA managers will each spend a week this summer working at a Mercedes-Benz dealership. Fixing Cadillac's problem child http://www.autonews.com/article/20160627/OEM/306279967/fixing-cadillacs-problem-child Mon, 27 Jun 2016 00:01:00 EST Cadillac is trying to breathe new life into the ATS compact sedan through a series of price and trim-package adjustments for the 2017 model year. Glimpses of the redesigned Volvo XC60 http://www.autonews.com/article/20160627/OEM04/306279961/glimpses-of-the-redesigned-volvo-xc60 Mon, 27 Jun 2016 00:01:00 EST Spy photos of next year's redesigned Volvo XC60 show the midsize crossover with heavy cladding, making it difficult to tell whether the vehicle will look radically different from today's version. Fine-tuning the dealership TV set http://www.autonews.com/article/20160627/RETAIL07/306279998/fine-tuning-the-dealership-tv-set Mon, 27 Jun 2016 00:01:00 EST Zamora Automotive Group's Honda of Superstition Springs uses customized programming delivered to 24 screens throughout the dealership to get its marketing messages to customers in the store. These guys want your used-vehicle sales, profits http://www.autonews.com/article/20160627/RETAIL04/306279982/these-guys-want-your-used-vehicle-sales-profits Mon, 27 Jun 2016 00:01:00 EST Beepi. Shift. Carvana. Vroom. Don't let the clever names fool you. These tech start-ups aim to take a bite out of the used-vehicle retail industry's lunch. Effort pays: Kia earns quality bragging rights http://www.autonews.com/article/20160627/HOLD/306279959/effort-pays-kia-earns-quality-bragging-rights Mon, 27 Jun 2016 00:01:00 EST jirwin@crain.com Super students set record 3,788 mpg http://www.autonews.com/article/20160627/OEM05/306279984/super-students-set-record-3788-mpg Mon, 27 Jun 2016 00:01:00 EST The winning vehicle in this year's SAE Supermileage competition posted a record 3,788 mpg. Texas court upholds retailer's victory in suit against Mercedes http://www.autonews.com/article/20160627/LEGALFILE/306279995/texas-court-upholds-retailers-victory-in-suit-against-mercedes Mon, 27 Jun 2016 00:01:00 EST Mercedes-Benz USA remains on the hook to a Harlingen, Texas, dealership for $15. Customers, off-lease tide prompt auction growth http://www.autonews.com/article/20160627/RETAIL04/306279996/customers-off-lease-tide-prompt-auction-growth Mon, 27 Jun 2016 00:01:00 EST Independent auctions are growing their businesses to keep up with customer demands for vehicle reconditioning, body shop and other services and storage space. But they need to strike a balance between growing, and growing too much. Emissions-free, for real: Norway turns to the sun http://www.autonews.com/article/20160627/OEM05/306279986/emissions-free-for-real-norway-turns-to-the-sun Mon, 27 Jun 2016 00:01:00 EST The first Toyota Mirai fuel cell car sold in Norway went to a company which plans to open a hydrogen station that makes hydrogen by using surplus electricity from solar panels on neighboring buildings. Auction tool aims to uncover open recalls http://www.autonews.com/article/20160627/RETAIL04/306279994/auction-tool-aims-to-uncover-open-recalls Mon, 27 Jun 2016 00:01:00 EST AutoCheck Auctions is testing a new recall report service for auction houses. Disclosing vehicles that have open recalls to auctions helps dealers make informed decisions about wholesale used-vehicle purchases, the company says. CarMax adds auction sites, eases registration http://www.autonews.com/article/20160627/RETAIL04/306279997/carmax-adds-auction-sites-eases-registration Mon, 27 Jun 2016 00:01:00 EST CarMax is adding auctions and making it easier for wholesale customers to register to buy cars and trucks at the company's 67 physical auction sites. A split heard round the industry http://www.autonews.com/article/20160626/OEM/306279957/a-split-heard-round-the-industry Sun, 26 Jun 2016 00:01:00 EST The United Kingdom's stunning decision to abandon the European Union could slash automakers' profits by billions of dollars and cut new-vehicle sales by nearly a million units over the next three years, analysts warned. Mercedes: Google doesn't scare us http://www.autonews.com/article/20160625/OEM06/306279992/mercedes-google-doesnt-scare-us Sat, 25 Jun 2016 00:01:00 EST Mercedes-Benz executives say they're well-positioned to capitalize on technological and demographic changes that will transform the industry over the next 10 years. Mercedes looks to become the top choice of female premium-car buyers http://europe.autonews.com/article/20160625/ANE/160619973/mercedes-looks-to-become-the-top-choice-of-female-premium-car-buyers Sat, 25 Jun 2016 00:01:00 EST Mercedes wants to become the leading choice among premium car brands for women by 2020, at which time it wants at least 30 percent of its customers to be female. Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid http://europe.autonews.com/article/20160624/ANE/160629914/suzuki-baleno-is-companys-first-model-in-europe-with-fuel-saving Fri, 24 Jun 2016 00:01:00 EST Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the first time in one of its models sold in Europe. VW to fit filters to clean up gasoline engines http://europe.autonews.com/article/20160624/ANE/160629934/vw-to-fit-filters-to-clean-up-gasoline-engines Fri, 24 Jun 2016 00:01:00 EST Volkswagen plans to fit particle filters in up to 7 million turbocharged gasoline direct-injection engines starting mid-2017 to help meet future tailpipe emission targets. MG aims first SUV at budget buyers http://europe.autonews.com/article/20160623/ANE/160629932/mg-aims-first-suv-at-budget-buyers Thu, 23 Jun 2016 00:01:00 EST MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budget vehicle. PSA finalizes Iran deal in bid to rebuild sales http://europe.autonews.com/article/20160622/ANE/160629935/psa-finalizes-iran-deal-in-bid-to-rebuild-sales Wed, 22 Jun 2016 08:40:59 EST PSA finalized a joint-venture production deal with state-owned Iran Khodro as it prepares its return to the Middle East's biggest auto market. CarMax Auto Finance income takes a tumble http://www.autonews.com/article/20160622/FINANCE_AND_INSURANCE/306229992/carmax-auto-finance-income-takes-a-tumble Wed, 22 Jun 2016 11:45:00 EST Income at CarMax's captive tumbles in the same three month period that the used car retailer's floor traffic declines and sales to customers with low credit scores dip. Mitsubishi sees first loss in 8 years amid fuel-consumption scandal http://europe.autonews.com/article/20160622/ANE/160629940/mitsubishi-sees-first-loss-in-8-years-amid-fuel-consumption-scandal Wed, 22 Jun 2016 05:09:19 EST Mitsubishi forecast its first loss in eight years after setting aside compensation costs related to manipulating fuel-efficiency ratings and falsifying test data. Fewer customers may mean more time to sell http://www.autonews.com/article/20160622/FINANCE_AND_INSURANCE/306229996/fewer-customers-may-mean-more-time-to-sell Wed, 22 Jun 2016 00:01:00 EST Dealers wince at the prospect of slowing vehicle sales. But there could be a bright spot: With fewer customers, FandI managers will have more time to focus on sales penetration for add-on products. North American Car and Truck/Utility of the Year jury adds SUV award http://www.autonews.com/article/20160621/OEM/160629951/north-american-car-and-truck-utility-of-the-year-jury-adds-suv-award Tue, 21 Jun 2016 15:32:55 EST As more consumers focus on SUVs and crossovers, so too will one of the auto industry's most coveted awards. The North American Car and Truck/Utility of the Year jury has added SUVs to the mix and will now hand out three awards for car, truck and SUV. Before the Cavs' big win, auto ad agency urged fans to believe http://www.autonews.com/article/20160621/BLOG06/160629953/before-the-cavs-big-win-auto-ad-agency-urged-fans-to-believe Tue, 21 Jun 2016 14:40:51 EST When the Cleveland Cavaliers were down 2-0 to the Golden State Warriors in the NBA Finals, and things looked bleak, ad agency Tier10 shot an inspiring spot for Ohioans about the power of belief. CarMax quarterly earnings slide 3.6% despite revenue gain http://www.autonews.com/article/20160621/RETAIL/160629954/carmax-quarterly-earnings-slide-3-6-despite-revenue-gain Tue, 21 Jun 2016 14:37:21 EST CarMax's latest quarterly earnings slid 3.6 percent, dragged down by expenses related to store openings, share-based compensation and hail damage to vehicles at the company's stores in Texas. FCA launches latest Chrysler Pacifica ads with comedian Jim Gaffigan http://www.autonews.com/article/20160621/RETAIL03/160629961/fca-launches-latest-chrysler-pacifica-ads-with-comedian-jim-gaffigan Tue, 21 Jun 2016 10:46:39 EST The latest chapter of Chrysler's Pacifica 'Dad Brand' campaign launched over Father's Day weekend. The spots feature actor and comedian Jim Gaffigan, who also appeared in the campaign's first set of videos in April. BMW seeks partners in race to build self-driving car's brain http://www.autonews.com/article/20160621/OEM06/160629972/bmw-seeks-partners-in-race-to-build-self-driving-cars-brain Tue, 21 Jun 2016 06:32:27 EST BMW is accelerating plans to acquire technology expertise in a race with the likes of Apple and Google to make cars smart enough to react like human drivers. BMW seeks partners in race to build self-driving car's brain http://europe.autonews.com/article/20160621/ANE/160629974/bmw-seeks-partners-in-race-to-build-self-driving-cars-brain Tue, 21 Jun 2016 06:11:07 EST BMW is accelerating plans to acquire technology expertise in the form of startups, partnerships with tech companies and talent as it races companies such as Apple and Google to build electronic brains for next-generation autonomous vehicles. Mitsubishi expects annual loss due to mileage-cheating scandal, report says http://europe.autonews.com/article/20160621/ANE/160629975/mitsubishi-expects-annual-loss-due-to-mileage-cheating-scandal Tue, 21 Jun 2016 05:21:04 EST Mitsubishi Motors expects to post a net loss this financial year over its mileage-cheating scandal as it is hit by compensation costs and a slide in vehicle sales, a report said today. Hyundai to the rescue tops viral list http://www.autonews.com/article/20160621/VIRALVIDEO/306219997/hyundai-to-the-rescue-tops-viral-list Tue, 21 Jun 2016 00:01:00 EST Hyundai saves the day for a young soccer fan in this week's top campaign. Dealer puts heart into sales promotion http://www.autonews.com/article/20160620/RETAIL07/306209997/dealer-puts-heart-into-sales-promotion Mon, 20 Jun 2016 00:01:00 EST A partnership between Sheehy Auto Stores and the American Heart Association has several goals, including charitable giving, educational outreach, and oh, selling 7,000 vehicles in 50 days from mid-May to early July. No takers for Ford's lease sharing plan http://www.autonews.com/article/20160620/FINANCE_AND_INSURANCE/160619877/no-takers-for-fords-lease-sharing-plan Mon, 20 Jun 2016 00:01:00 EST In March, Ford Credit launched Ford Credit Link, a pilot lease sharing program that allows three to six customers to share a lease, scheduling their driving time and dividing payments any way they'd like. A dealer's journey from survivor to successor http://www.autonews.com/article/20160620/RETAIL07/306209995/a-dealers-journey-from-survivor-to-successor Mon, 20 Jun 2016 00:01:00 EST Sam Slaughter, owner of the Sellers Auto Group in suburban Detroit, talks in this QandA about how having leukemia at age 25 affected his life decisions and management style, as well as his views on Internet marketing and the role of the service... Dealers vulnerable to hackers, survey warns http://www.autonews.com/article/20160620/OEM06/306209973/dealers-vulnerable-to-hackers-survey-warns Mon, 20 Jun 2016 00:01:00 EST A new survey suggests some dealerships could be vulnerable to cyber attacks that would endanger the personal information of their customers. Toyota says Brexit may lead to 10% duties on UK-built cars http://europe.autonews.com/article/20160620/ANE/160629999/toyota-says-brexit-may-lead-to-10-duties-on-uk-built-cars Mon, 20 Jun 2016 04:50:07 EST Toyota warned that a withdrawal by the UK from the EU may lead to levies of as much as 10 percent on the cars it builds in Britain. AutoNews Now: Cadillac dealer plan under scrutiny http://www.autonews.com/article/20160620/VIDEO/306209892/autonews-now-cadillac-dealer-plan-under-scrutiny Mon, 20 Jun 2016 00:01:00 EST Dealers put Cadillac incentive plan under microscope; High court rejects service adviser OT; FCA probes 'Star Trek' actor's death; Suppliers top pay list; Toyota's agony, Porsche's triumph. Uber rival jabs 'surge pricing' in New York ad campaign http://www.autonews.com/article/20160620/RETAIL03/160629983/uber-rival-jabs-surge-pricing-in-new-york-ad-campaign Mon, 20 Jun 2016 11:55:50 EST A rival of ride-hailing service Uber is taking humorous swipes at the company for its surge pricing in a new ad campaign in New York City. Dealers claim victory after U.S. Supreme Court vacates service adviser overtime ruling http://www.autonews.com/article/20160620/RETAIL05/160629985/dealers-claim-victory-after-u-s-supreme-court-vacates-service Mon, 20 Jun 2016 11:41:15 EST Auto dealers claimed victory today after the U.S. Supreme Court rejected a lower court's decision that dealership service advisers are eligible for overtime pay under U.S. labor law. Fiat Chrysler to investigate crash that killed 'Star Trek' actor Anton Yelchin http://www.autonews.com/article/20160620/OEM11/160629984/fiat-chrysler-to-investigate-crash-that-killed-star-trek-actor-anton Mon, 20 Jun 2016 11:52:03 EST Fiat Chrysler Automobiles said on Monday it would conduct a "thorough investigation" of a crash involving a recalled 2015 Jeep Grand Cherokee that killed Star Trek actor Anton Yelchin. Long wait puts VW in a hole http://www.autonews.com/article/20160620/RETAIL07/306209950/long-wait-puts-vw-in-a-hole Mon, 20 Jun 2016 00:01:00 EST Even as Volkswagen nears a settlement with regulators on a package of repair proposals and customer compensation, it faces a long road ahead in restoring consumer confidence in the brand and rebuilding sales volume, dealers and analysts say. Scores surge at Volvo http://www.autonews.com/article/20160620/RETAIL07/160619868/scores-surge-at-volvo Mon, 20 Jun 2016 00:01:00 EST Dealers gave Volvo high scores in the Winter 2016 NADA Dealer Attitude Survey. Volvo jumped in the brand rankings to an overall ranking of No. 13 out of 31 brands, up from No. 26 a year earlier. Dealer lobby to scrutinize Cadillac plan http://www.autonews.com/article/20160620/RETAIL07/160619878/dealer-lobby-to-scrutinize-cadillac-plan Mon, 20 Jun 2016 00:01:00 EST Dealer attorneys say the outline presented to retailers so far indicates that Cadillac's dealer-incentive plan may test the bounds of state franchise laws meant to protect dealers from unequal treatment by the factory. Toyota pitches hybrids in diesel country http://www.autonews.com/article/20160620/OEM05/306209993/toyota-pitches-hybrids-in-diesel-country Mon, 20 Jun 2016 00:01:00 EST Automakers have plenty to fret about in Europe. Toyota Motor Corp. is coping with it all by focusing on building market share, selling more hybrids and boosting production to give its European dealers more locally built products. Small-car prices sink at resale http://www.autonews.com/article/20160620/RETAIL/306209952/small-car-prices-sink-at-resale Mon, 20 Jun 2016 00:01:00 EST After years of new-vehicle lease growth, a surge in the flow of off-lease vehicles has started. It's already depressing prices of small cars -- used and new -- that consumers don't want anyway. Automakers are taking steps to cope. Dissecting dealers' attitudes http://www.autonews.com/article/20160620/RETAIL07/306209953/dissecting-dealers-attitudes Mon, 20 Jun 2016 00:01:00 EST NADA's latest survey of dealers' views on brands' value, policies and people yielded few surprises in the top- and bottom-ranked brands. But some of the changes in the middle were notable. Digital world requires collaboration http://www.autonews.com/article/20160620/OEM02/306209987/digital-world-requires-collaboration Mon, 20 Jun 2016 00:01:00 EST Automakers will have to collaborate more and adapt to change faster as pressure from companies such as Tesla, Apple and Google increases the need to offer connected, electrified, autonomous cars, executives said.