Automotive News Retail News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Sun, 20 May 2018 06:00:00 EST Crosstrek drives sales for Subaru http://www.autonews.com/article/20180519/RETAIL01/180529996/crosstrek-big-us-sales-success Sat, 19 May 2018 00:01:00 EST The Crosstrek, which began life as a lifted Impreza hatchback in 2012, has turned into a sales workhorse for Subaru of America. NADA Academy launches work-friendly training program for high-potential employees http://www.autonews.com/article/20180518/RETAIL07/180519777/nada-dealer-management-training-academy Fri, 18 May 2018 17:09:47 EST The National Automobile Dealers Association is offering a new NADA Academy training program for up-and-coming dealership employees. VW Group's April sales up 10% on Europe, China gains http://europe.autonews.com/article/20180518/ANE/180519789/vw-groups-april-sales-up-10-on-europe-china-gains Fri, 18 May 2018 08:06:58 EST VW Group said its global vehicle registrations rose 10 percent last month on strong demand in all its major markets, including Western Europe and China. PSA plots lower-cost course for U.S. return http://europe.autonews.com/article/20180518/COPY/305189995/psa-retail-strategy-return Fri, 18 May 2018 00:01:00 EST PSA is considering a tech-centric, digital shopper-focused approach to selling cars as it plots its comeback in the U.S. Mazda picks up a German accent http://europe.autonews.com/article/20180518/COPY/305189993/mazda-premium-marketing-dealership-moro Fri, 18 May 2018 00:01:00 EST While Mazda can't pass itself off as a luxury brand, the mix of quality, handling and design have proved potent enough to draw upscale U.S. consumers who drive German cruisers. VW, Toyota, Dacia rise as Europe sales rise 10% in April http://europe.autonews.com/article/20180517/ANE/180519812/vw-toyota-dacia-rise-as-europe-sales-rise-10-in-april Thu, 17 May 2018 05:47:17 EST VW, Toyota and Dacia all saw their European sales rise sharply in April, outpacing a market that grew 9.6 percent on increased demand in the region's five biggest markets. BMW bets on iNext in sales race with Mercedes http://europe.autonews.com/article/20180517/ANE/180519811/bmw-bets-on-inext-in-sales-race-with-mercedes Thu, 17 May 2018 08:56:39 EST BMW offered a glimpse of its futuristic self-driving iNext car as the automaker seeks to gain momentum in the race to overtake rival Mercedes in luxury car sales. BMW bets on iNext in sales race with Mercedes http://www.autonews.com/article/20180517/COPY01/305179967/bmw-bets-on-inext-in-sales-race-with-mercedes Thu, 17 May 2018 08:56:39 EST BMW offered a glimpse of its futuristic self-driving iNext car as the automaker seeks to gain momentum in the race to overtake rival Mercedes in luxury car sales. EV batteries present new challenges for firefighters http://europe.autonews.com/article/20180516/COPY/305169935/ev-batteries-present-new-challenges-for-firefighters Wed, 16 May 2018 07:24:27 EST Fires on electric vehicles are rare, but the volatile chemistry of their batteries and the need for special training on how to extinguish them raises new safety questions as automakers are poised to dramatically increase production. EV batteries present new challenges for firefighters http://www.autonews.com/article/20180516/OEM03/180519840/ev-batteries-present-new-challenges-for-firefighters Wed, 16 May 2018 07:24:27 EST Fires on electric vehicles are rare, but the volatile chemistry of their batteries and the need for special training on how to extinguish them raises new safety questions as automakers are poised to dramatically increase production. AutoNews Now: GM Super Cruise, Tesla Autopilot square off http://www.autonews.com/article/20180516/VIDEO/305169978/autonews-now-gm-super-cruise-tesla-autopilot-square-off Wed, 16 May 2018 15:30:00 EST GM Super Cruise, Tesla Autopilot square off in test; Battery blazes pose challenge for firefighters; EV push in Northeastern U.S.; Apple's growing AV fleet; First for BMW in China. UK to share plans soon on 2040 combustion-cars ban http://europe.autonews.com/article/20180516/ANE/180519844/uk-to-share-plans-soon-on-2040-combustion-cars-ban Wed, 16 May 2018 03:30:05 EST The UK will release more details in the weeks ahead on its planned ban of the sale of new gasoline and diesel cars starting in 2040, business minister Greg Clark said. Mitsubishi scores a hit http://www.autonews.com/article/20180516/VIRALVIDEO/305169999/mitsubishi-keys-viral-video Wed, 16 May 2018 00:01:00 EST Six new videos joined our viral list this week, and it was Mitsubishi that won the top spot. Former Tesla exec O'Connell joins Scott Painter's Fair http://www.autonews.com/article/20180515/RETAIL/180519859/tesla-executive-oconnell-fair-painter-dealers Tue, 15 May 2018 08:00:00 EST Fair, the used-vehicle leasing subscription service led by TrueCar founder Scott Painter, has added former Tesla executive Diarmuid O'Connell to its team. Faurecia targets steady rise in sales by 2020 http://europe.autonews.com/article/20180515/ANE/180519868/faurecia-targets-steady-rise-in-sales-by-2020 Tue, 15 May 2018 03:41:48 EST Faurecia plans to increase its sales by more than 7 percent per year to reach 20 billion euros ($23.8 billion) by 2020 through growth in areas such as autonomous driving. Last year, the supplier had 16.96 billion euros in revenue. What a $54/month lease offer on $50,000 BMW says about state of EVs http://www.autonews.com/article/20180515/RETAIL/180519861/what-a-54-month-lease-offer-on-50000-bmw-says-about-state-of-evs Tue, 15 May 2018 08:26:31 EST The eye-popping discount on a BMW i3 wasn't a fluke. It's a sign of the daunting economics facing carmakers during the slow shift to electric vehicles. The long and painful birth of Genesis http://www.autonews.com/article/20180514/RETAIL03/180519964/genesis-brand-rollout-global Mon, 14 May 2018 00:01:00 EST As thorny as Genesis' retail rework has been, the U.S. dealer showdown is just one of many trials testing global brand chief Manfred Fitzgerald as he births a luxury brand. Lincoln back from the brink after unlikely comeback journey http://www.autonews.com/article/20180514/RETAIL03/180519980/lincoln-comeback-marketing Mon, 14 May 2018 00:01:00 EST In mid-2011, a rival CEO snidely suggested someone should "sprinkle holy water" on Lincoln. But instead of planning for a funeral, the brand's executives were quietly crafting a plan that would eventually lead Ford's luxury marque back to relevance. Can tamer TrueCar be true to itself? http://www.autonews.com/article/20180514/RETAIL03/180519977/truecar-marketing-image-chip-perry Mon, 14 May 2018 00:01:00 EST Under Chip Perry, TrueCar is not a different company, but it's a very different brand, casting itself more clearly as the friend of the auto dealer. In the process, TrueCar gave up some of what made it distinctive in a sea of lead generators. Political window opens for mpg gains through high-octane fuel http://www.autonews.com/article/20180514/OEM11/180519899/octane-renewable-ethanol-fuel Mon, 14 May 2018 00:01:00 EST Automakers and others sense an opportunity to create a national high-octane standard that satisfies Big Oil, agribusiness, regulators and the auto industry. Can auto shows remain relevant as brands find new ways to debut vehicles? http://www.autonews.com/article/20180514/RETAIL03/180519900/auto-show-vehicle-debuts-detroit Mon, 14 May 2018 00:01:00 EST BMW's decision to unveil a car in a video game illustrates how the digital era is transforming the way automakers introduce vehicles, forcing Detroit and other big auto shows to figure out how to stay relevant. JLR sticks to Brazil on promise of luxury rebound http://europe.autonews.com/article/20180514/ANE/180519881/jlr-sticks-to-brazil-on-promise-of-luxury-rebound Mon, 14 May 2018 09:46:59 EST Jaguar Land Rover can churn out 24,000 cars a year in Brazil, but last year fewer than 5,000 rolled out of its Rio de Janeiro factory. Despite this, the automaker isn't leaving anytime soon. Inventories creep up as summer approaches http://www.autonews.com/article/20180514/RETAIL01/180519917/inventory-levels-unsold-vehicles Mon, 14 May 2018 00:01:00 EST Total inventory was up on May 1, but the industrywide days supply retreated slightly from a year ago thanks to a strong selling rate. Tesla executive Matthew Schwall joins Waymo http://www.autonews.com/article/20180514/MOBILITY/180519883/waymo-tesla-matthew-schwall Mon, 14 May 2018 07:55:35 EST Waymo said that Matthew Schwall had joined the company from Tesla, where he was the electric car maker's main technical contact with U.S. safety investigators. Volkswagen sees Nigeria sales recovering on economy http://europe.autonews.com/article/20180514/ANE/180519885/volkswagen-sees-nigeria-sales-recovering-on-economy Mon, 14 May 2018 06:13:49 EST VW Group expects a rebound in vehicle sales in Nigeria as the economy in Africa's biggest oil producer recovers, the head of the company's South African operations Thomas Schaefer, said. A quest to ban banality http://www.autonews.com/article/20180514/RETAIL03/180519994/chris-bangle-car-design Mon, 14 May 2018 00:01:00 EST Former BMW chief designer Chris Bangle has strong feelings about the future of car design. He believes companies should be doing more to stand out from their rivals. PSA plots lower-cost course for U.S. return http://www.autonews.com/article/20180514/RETAIL/180519906/psa-retail-strategy-return Mon, 14 May 2018 00:01:00 EST PSA Group is considering a tech-centric, digital shopper-focused approach to selling cars as it plots its comeback in the United States. How the extravagant Tokyo show lost its mojo http://www.autonews.com/article/20180514/RETAIL03/180519908/tokyo-motor-show Mon, 14 May 2018 00:01:00 EST Back in its crazy, hazy heyday, the Tokyo Motor Show was the place to be. Even after Japan's economic miracle deflated in the late 1990s, the show sustained much of its allure. Horsepower? What about star power? http://www.autonews.com/article/20180514/OEM03/180519912/movie-appearance-gocompare-list Mon, 14 May 2018 00:01:00 EST The phrase "lovers of classic film" has a slightly different meaning in the Automotive News realm. Got any leads on that profit statement? http://www.autonews.com/article/20180514/RETAIL/180519913/got-any-leads-on-that-profit-statement Mon, 14 May 2018 00:01:00 EST Providing sales leads to dealerships is hardly new. Third-party companies have done it for years, if not decades. But first-quarter earnings statements from four publicly traded lead providers #8212; TrueCar, CarGurus, Cars. Profit drop in once reliable N.A. drags down Subaru http://www.autonews.com/article/20180514/OEM/180519921/subaru-corporation-earnings-incentives Mon, 14 May 2018 00:01:00 EST North America, long the earnings engine for Subaru, suddenly turned into a drag on global profits amid spiraling incentives due to increased crossover competition. Mitsu gets back to a profit on N.A. boost http://www.autonews.com/article/20180514/OEM/180519922/mitsubishi-north-america-sales-earnings Mon, 14 May 2018 00:01:00 EST Rebounding profits in North America helped troubled Mitsubishi Motors Corp. jump back into the black in the just-finished fiscal year, as the recovering Japanese automaker rode a tail wind of surging sales, big cost cuts and favorable exchange rates. For many brands, regional auto shows are big deals http://www.autonews.com/article/20180514/OEM/180519932/regional-auto-shows Mon, 14 May 2018 00:01:00 EST With one in four new-car buyers attending an auto show before they purchase, many automakers are figuring out new ways to attract visitors to their displays. All public dealership groups raise average FandI profit per vehicle http://www.autonews.com/article/20180514/FINANCE_AND_INSURANCE/180519961/public-dealership-group-first-quarter Mon, 14 May 2018 00:01:00 EST All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales. Everyone finds the hidden jewels http://www.autonews.com/article/20180514/RETAIL04/180519958/everyone-finds-the-hidden-jewels Mon, 14 May 2018 00:01:00 EST My guess is that it has been going on for years #8212; new-car dealers have been making more money on used cars than new. It has been the industry's great secret. TrueCar's Perry says, 'We embraced the need to change' http://www.autonews.com/article/20180514/RETAIL03/180519975/truecar-chip-perry-dealer-pledge Mon, 14 May 2018 00:01:00 EST Do consumers want the lowest price or a fair price? TrueCar is betting on a fair price. Mazda picks up a German accent http://www.autonews.com/article/20180514/RETAIL03/180519978/mazda-premium-marketing-dealership-moro Mon, 14 May 2018 00:01:00 EST While Mazda can't pass itself off as a luxury brand, the mix of quality, handling and design have proved potent enough to draw upscale consumers who drive German cruisers. Automakers got game http://www.autonews.com/article/20180514/OEM/180519988/sports-stadiums-nfl-nhl-nba Mon, 14 May 2018 00:01:00 EST Some of the world's biggest automotive badges are affixed to marketing vehicles #8212; professional sports stadiums in particular. Mercedes' EQ will define an electric ecosystem http://www.autonews.com/article/20180514/RETAIL03/180519997/mercedes-eq-vw-id-electric-branding Mon, 14 May 2018 00:01:00 EST What's the best way to market the explosion of EVs coming from across the industry? Automakers are trying to figure that out. Union program helps refine transactions http://www.autonews.com/article/20180514/RETAIL07/180519998/union-auto-program-leads-transactions Mon, 14 May 2018 00:01:00 EST Georgia dealership partners with Union Auto Program for union-member leads, smoother transactions. Ferrari dealership in Michigan completes $5 million expansion http://www.autonews.com/article/20180513/RETAIL/180519895/ferrari-dealership-michigan-renovation-fiat Sun, 13 May 2018 08:34:17 EST The only Ferrari dealership in Michigan showed off a $5 million expansion when it opened for business Monday inside a 53,000-square-foot store in the Detroit suburbs. Auto lending guidance could end, but not scrutiny http://www.autonews.com/article/20180513/OEM11/180519905/auto-lending-guidance-scrutiny Sun, 13 May 2018 00:01:00 EST The repeal of the Bureau of Consumer Financial Protection's auto loan guidance would be a victory for dealers and lenders, but other regulators will keep an eye on auto lending. The celebration should be short-lived. Porsche sees Rennsport audience as primed for EV pitch http://www.autonews.com/article/20180513/RETAIL03/180519996/porsche-rennsport-reunion-ev Sun, 13 May 2018 00:01:00 EST Thousands of Porsche enthusiasts gathering in California this fall give the automaker the perfect chance to sell the brand's most loyal consumers on its new EV offerings. How Waymo plans to develop and deploy its brand http://www.autonews.com/article/20180512/MOBILITY/180519995/waymo-brand-krafcik Sat, 12 May 2018 00:01:00 EST Instead of spending billions on brick and mortar manufacturing and the development of its own products, Waymo is partnering with automakers. Automakers seek to use Trump summit to avert war with California http://www.autonews.com/article/20180511/OEM02/180519951/trump-automakers-california-emissions-fuel-regulation Fri, 11 May 2018 06:38:51 EST American automakers faced a tough mission when they visited the White House Friday. They sought to persuade President Trump to cooperate with Calif. governor Jerry Brown over emissions levels. Cadillac's virtual reality project has 'no limits,' innovation head says http://www.autonews.com/article/20180511/RETAIL01/180519916/cadillacs-virtual-reality-project-has-no-limits-innovation-head-says Fri, 11 May 2018 15:43:27 EST Dealers can get a head start marketing Cadillac's XT4 compact premium crossover not with traditional on-site inventory, but instead with virtual reality. Audi aims to double China sales, boosted by second JV http://europe.autonews.com/article/20180511/ANE/180519944/audi-aims-to-double-china-sales-boosted-by-second-jv Fri, 11 May 2018 09:22:39 EST Audi hopes a second joint venture and new SUVs will help it to remain China's top luxury brand, fighting off strong challenges from BMW and Mercedes. Porsche wants Chinese buyers to love the 911 http://europe.autonews.com/article/20180511/BLOG15/180519953/porsche-wants-chinese-buyers-to-love-the-911 Fri, 11 May 2018 04:31:42 EST China may be Porsche's biggest market but sales of its 911 sports car are poor. In a country where size not horsepower counts, Porsche is trying to make the Chinese love the iconic model. Used-car retailer Carvana Q1 net loss expands http://www.autonews.com/article/20180510/RETAIL/180519976/carvana-q1-earnings-losses-vending-machine Thu, 10 May 2018 13:53:32 EST Online used-car retailer Carvana's first-quarter net loss widened to nearly $53 million, while revenue and vehicle sales both more than doubled to records. First Shift: Ford expects F-150 disruptions to hurt earnings http://www.autonews.com/article/20180510/VIDEO/305109982/first-shift-ford-expects-f-150-disruptions-to-hurt-earnings Thu, 10 May 2018 08:00:00 EST Ford expects F-150 disruptions to hurt earnings; Cadillac after the ATS; GM Korea rescue plan; NTSB probes Tesla crash; Waymo way ahead in AVs?; Mini honors royal wedding.