Automotive News Retail News Feed News, blogs and commentary from the leader in North American automotive news en-us Mon, 29 Aug 2016 06:00:00 EST First Shift: Another tragedy for Takata Mon, 29 Aug 2016 00:01:00 EST Another Takata tragedy: Truck in fatal crash; Unifor strike vote; Cadillac boss on defense; Chase, TrueCar launch direct shopping, loan program; BMW, Chevy Olympics marketing gold. BMW plans 7-series coupe to boost sales of its top model line, report says Mon, 29 Aug 2016 05:10:43 EST BMW plans to launch a sporty two-door version of its 7-series flagship sedan, Bloomberg reported. The luxury coupe could be the first of several new 7-series derivatives to boost sales of the brand's most expensive model line. VW dealer aid: How much is enough? Mon, 29 Aug 2016 00:01:00 EST Volkswagen dealers are finally in line for some much-needed financial relief nearly a year after watching their franchise values dwindle in the wake of the automaker's diesel emissions scandal. Court paves way for Indiana store to move Mon, 29 Aug 2016 00:01:00 EST Indiana dealership Ed Martin Toyota successfully fought off a prolonged bid by three rival stores to block its relocation. Who led the charge for VW settlement? Mon, 29 Aug 2016 00:01:00 EST In March, a panel of VW dealers set out to negotiate a compensation deal with VW that would avert a lawsuit against the factory. Lexus leads in converting CPO shoppers Mon, 29 Aug 2016 00:01:00 EST Lexus dealerships do the best job of converting shoppers who consider certified used vehicles into CPO buyers. Used-car shops, by the numbers Mon, 29 Aug 2016 00:01:00 EST The NIADA Used Car Industry Report 2016 offers multiple insights into the used-only stores that franchise dealerships' used-vehicle departments compete with daily. New sounds from an old microphone factory Mon, 29 Aug 2016 00:01:00 EST Richard Fisher's dealerships in high-rent Evanston, Ill., were constrained on space. So when he learned of a closed factory nearby, he spent $5 million turning it into a massive service and vehicle-storage facility. Avis taps into TrueCar for used-car sales Mon, 29 Aug 2016 00:01:00 EST A partnership between Avis Budget and TrueCar is helping the rental-car company sell more retired rental cars directly to consumers for more money than it can get from selling the vehicles at traditional auto auctions. Photo booth is shooting for clicks Mon, 29 Aug 2016 00:01:00 EST Having a professional photo booth allows dealerships to showcase high-quality vehicle photos on their website. Auto sales in line for decline Mon, 29 Aug 2016 00:01:00 EST U.S. new-vehicle sales are expected to decline in August, decreasing the industry's chances of beating the full-year record it set in 2015. Talent shortage stalls buy-sells Mon, 29 Aug 2016 00:01:00 EST Buyers looking to acquire dealerships are facing a personnel bottleneck in the form of a shortage of qualified and available individuals to run the acquired stores. To cope, some would-be buyers are stepping up efforts to groom future managers. Cadillac vows no retreat on Project Pinnacle Mon, 29 Aug 2016 00:01:00 EST Cadillac chief Johan de Nysschen isn't bending to accusations that his plan to transform the brand's retail network violates franchise laws and threatens smaller stores' survival. Critics of the plan, he says, are merely resistant to change. Virginia dealers donate to West Virginia flood relief efforts Mon, 29 Aug 2016 00:01:00 EST The Virginia Automobile Dealers Association has donated $75,000 to a relief fund for people affected by the flash floods in West Virginia in June. Mercedes shuffles U.S. sales team Mon, 29 Aug 2016 00:01:00 EST A management shuffle at Mercedes-Benz USA has elevated 18-year Mercedes veteran Bart Herring to one of the brand's top U.S. sales positions. Could dealers benefit from an ethics code? Sun, 28 Aug 2016 00:01:00 EST Even though most dealerships do right by their customers, a few bad apples can generate negative headlines that blanket the industry with nagging stereotypes about dishonesty. A code of ethics could help change that. In Louisiana, devastation 'beyond belief' Sat, 27 Aug 2016 00:01:00 EST Devastating floods in Baton Rouge have displaced 1,500 or more families with members working at the area's dealerships. NADA aims to raise $2 million for aid to the flood victims and already has begun handing out relief checks. Bentley recruits new sales chief from VW's Seat Sat, 27 Aug 2016 00:01:00 EST Bentley named Andreas Offermann from VW Group's Seat brand as its new sales and marketing chief as the marque expands its lineup in a bid to attract a wider range of customers. LOSS: 'Everybody's lives at the curb' Sat, 27 Aug 2016 00:01:00 EST With his house and cars wrecked by flood waters, this dealership employee is focused on rebuilding and reuniting his family. EVACUATION: 'No one was coming for us' Sat, 27 Aug 2016 00:01:00 EST After two days stranded in a second-story loft, Tara Andrews, a dealership Internet director, escaped Baton Rouge's flood waters with her parents, three-year-old daughter and nine dogs. Amazon primed for shoppers, not buyers Sat, 27 Aug 2016 00:01:00 EST Third-party sites are keeping an eye on Amazon Vehicles. The new site offers photos, reviews and other vehicle information, but doesn't sell vehicles or offer links to dealerships, so sites such as Cars. RECOVERY: Back to work, in search of 'normalcy' Sat, 27 Aug 2016 00:01:00 EST Flood waters chased April Bower, a service writer at Acura of Baton Rouge, from one relative's house to another. But as soon as she could, she returned to the dealership. She was met at the store by others wanting to help her. August forecast to produce third monthly U.S. sales dip of 2016 Fri, 26 Aug 2016 13:00:00 EST August is expected to mark the third month in 2016 that U.S. new-vehicle sales declined from a year ago, forecasters said, offering more evidence that the market is at or possibly past its peak. Four forecasts call for sales to fall from 2. Google hires Airbnb exec to commercialize self-driving cars Fri, 26 Aug 2016 12:04:10 EST Google's self-driving car project took a step closer to market with the hire of a top executive from Airbnb, the online vacation home rental marketplace. Land Rover's slower sales growth, Brexit hit drag down Tata, JLR profits Fri, 26 Aug 2016 08:35:08 EST Quarterly profit at Tata Motors and its Jaguar Land Rover unit decreased as demand fell for Range Rover SUVs. Foreign exchange losses after Britain's decision to leave the EU also hit results. VW's U.S. dealer accord said to add $1.2 billion to diesel-scandal costs Fri, 26 Aug 2016 05:10:27 EST VW Group's agreement to pay U.S. dealerships for losses caused by its diesel scandal could cost the automaker about $1.2 billion, Bloomberg reported. This may raise VW's settlements in the U.S. to $16. Hyundai sees Ioniq as brand hero Thu, 25 Aug 2016 00:01:00 EST Hyundai sees its new Ioniq as its green flagship and a key image booster in Europe even if sales will be relatively small. Amazon, expanding automotive business, launches vehicle research portal Thu, 25 Aug 2016 11:44:52 EST Amazon launched Amazon Vehicles, a car research portal where consumers will have access to vehicle detail pages and reviews of thousands of new and classic cars, while being able to upload photos and videos of their own rides. Chevy dealership in Texas targeted by thieves; wheels stolen from 48 vehicles Thu, 25 Aug 2016 11:00:51 EST Thieves broke in and stole more than $200,000 worth of wheels and tires off 48 new vehicles at a dealership in Tyler, Texas, last weekend. Tyler Police Department Public Information Officer Don Martin said the incident occurred around 1 a.m. Four dealerships got the worst flood damage among auto retailers in Louisiana Thu, 25 Aug 2016 15:11:06 EST Four dealerships bore the brunt of flood damage in Louisiana last week, which destroyed entire inventories in some cases, the presidents of the Louisiana and national dealers associations said. NSX returns to Japan as an American hybrid import Wed, 24 Aug 2016 22:00:00 EST The NSX sports car is making a long-awaited homecoming in Japan that underscores the global ambitions of a halo hybrid that must do double duty for the Acura and Honda brands. Mercedes-Benz launches 'Timeless' Federer ads for U.S. Open Wed, 24 Aug 2016 14:01:12 EST As the U.S. Open tennis tournament nears, Mercedes-Benz is teaming with one of the game's all-time greats in a humorous ad campaign. 'Timeless' features the Mercedes SL and Roger Federer -- in multiple forms. Protective Life buys competitor United States Warranty Wed, 24 Aug 2016 11:30:00 EST The parent company of Protective Asset Protection will acquire Florida FandI provider United States Warranty later this year, the companies said last week. In defense of service contracts Wed, 24 Aug 2016 11:30:00 EST Consumer advocates who bad-mouth service contracts are off base. A cost-benefit analysis that relies only on actuarial logic misses the point. Student loan debt, now at $1.3 trillion, spells bad news for car sales Wed, 24 Aug 2016 11:30:00 EST Moody's Investor Service's lead retail analyst said this week that new-vehicle sales, which hit a record 17.5 million last year, will be hurt by the student loan debt crisis as consumer demand for cars eventually slacks. Don't overwhelm customers, keep F&I menu short Wed, 24 Aug 2016 11:30:00 EST Overly long FandI product menus can confuse customers. Daimler adopts Silicon Valley tactics to counter new rivals Wed, 24 Aug 2016 07:14:22 EST Daimler is embracing Silicon Valley management techniques in a drive to speed up decision making, empower staff and fend off new rivals such as electric-vehicle maker Tesla Motors. Lamborghini to double output by 2019 on SUV launch Wed, 24 Aug 2016 05:31:15 EST Lamborghini expects to at least double annual production to 7,000 vehicles by 2019 once it rolls out its new SUV, CEO Stefano Domenicali said. The VW Group brand will cap annual production of its sports cars at 3,500 units to maintain exclusivity. PSA-Dongfeng's China sales plunge 17% through July Tue, 23 Aug 2016 05:59:41 EST Sales of Peugeot and Citroen vehicles built by PSA Group's China joint venture, Dongfeng Peugeot Citroen Automobile Co., slumped 17 percent in the first seven months, a report said. First Shift: VW supplier crisis ends Tue, 23 Aug 2016 00:01:00 EST VW supplier crisis ends; Bosch disputes legal accusations; Mobileye, Delphi join forces; Fake key in GM case?; Nissan's Rogue 'Star Wars' deal; Bentley's big hopes for Bentayga. Federer travels time with Mercedes-Benz Tue, 23 Aug 2016 00:01:00 EST Roger Federer appears to be an immortal in Mercedes-Benz's campaign for the 2017 SL convertible, one of the newest arrivals on our viral list. Tesla adds more powerful battery option Tue, 23 Aug 2016 15:33:08 EST Tesla is giving its fans another thing to get charged up about with the introduction of a 100-kilowatt-hour battery pack for both the Model S sedan and Model X crossover. Chevy Cruze hatchback spied in Detroit Tue, 23 Aug 2016 11:07:38 EST Chevrolet is close to adding a hatchback model to the Cruze lineup. This captured fleet test vehicle was spotted last week in the Detroit area U.S. consumers' satisfaction with vehicles reverses years of decline Tue, 23 Aug 2016 00:01:00 EST After three years of decline, U.S. customer satisfaction with vehicles is up in 2016, a survey released today shows. Customer satisfaction with vehicles was up 3. Louisiana flooding takes toll on dealerships' employees Mon, 22 Aug 2016 00:01:00 EST As floodwaters slowly recede in the area around Baton Rouge, La., auto dealerships are trying to do business with a limited number of employees, many of whom are dealing with losses of their own. VW dealers battle staff poaching Mon, 22 Aug 2016 00:01:00 EST Volkswagen dealers are fighting to keep sales staff intact as U.S. sales continue to fall and the automaker's diesel emissions cheating scandal drags into a 12th month. Radio ID system welcomes service customers by name Mon, 22 Aug 2016 00:01:00 EST A Nissan dealership in Texas utilizes a new system that has helped exceed its targeted service revenue. AutoNews Now: VW dealers' new worry: Poachers Mon, 22 Aug 2016 00:01:00 EST Volkswagen dealers' new worry: Poachers; When muscle-car sales lose strength; Mitsu future product; Clapton's old cabriolet captivates at Concours; Germany to VW: Settle dispute. Nissan goes Rogue with Star Wars promotion Mon, 22 Aug 2016 11:54:34 EST Nissan has gone Rogue. The automaker is partnering with Lucasfilm in a promotional campaign supporting Rogue One: A Star Wars Story, which hits theaters Dec. 16. Smart cars collaboration could raise risk of patent litigation, experts say Mon, 22 Aug 2016 12:29:20 EST As the West Coast's largest technology companies jump deeper into the automotive landscape, fears of increased litigation are bubbling in Michigan.