Automotive News Retail News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Fri, 29 Apr 2016 06:00:00 EST AutoNation resumes ties with TrueCar after 2015 split http://www.autonews.com/article/20160429/RETAIL07/160429799/autonation-resumes-ties-with-truecar-after-2015-split Fri, 29 Apr 2016 11:45:00 EST AutoNation will begin using TrueCar again at 55 of its dealerships starting Saturday in what the retailer is describing as a test. The resumption of ties will reverse AutoNation's acrimonious breakup with TrueCar last July. Fiat Chrysler and Google owner Alphabet near self-driving cars deal, reports say http://europe.autonews.com/article/20160429/ANE/160429809/fiat-chrysler-and-google-owner-alphabet-near-self-driving-cars-deal Fri, 29 Apr 2016 02:44:23 EST Fiat Chrysler and Google owner Alphabet are close to a deal on a technology partnership for self-driving cars, multiple reports said. Inside Google's quest to shape the rules of the driverless road http://www.autonews.com/article/20160429/OEM06/160429810/inside-googles-quest-to-shape-the-rules-of-the-driverless-road Fri, 29 Apr 2016 00:01:00 EST Google is mounting a lobbying and public-relations campaign across America to win acceptance for autonomous vehicles and to shape the rules of the driverless road. Autoliv sees annual sales growth of 7% after robust Q1 earnings http://europe.autonews.com/article/20160429/ANE/160429805/autoliv-sees-annual-sales-growth-of-7-after-robust-q1-earnings Fri, 29 Apr 2016 06:43:51 EST Autoliv, continuing to generate new business in the wake of the Takata airbag recall crisis, reported a bigger than expected rise in first-quarter earnings and raised its forecast for like-for-like sales this year while affirming its margin outlook. First Shift: Tesla's task: Curb warranty costs http://www.autonews.com/article/20160429/VIDEO/304299948/first-shift-teslas-task-curb-warranty-costs Fri, 29 Apr 2016 00:01:00 EST High warranty costs a challenge for Tesla; Ford to temporarily idle F-150 line, inventories near 10-year high; VW chief apologizes to Obama for scandal; The hack of a lifetime? Retailers need to see service as the hot money spot this year http://www.autonews.com/article/20160429/BLOG06/160429811/retailers-need-to-see-service-as-the-hot-money-spot-this-year Fri, 29 Apr 2016 00:01:00 EST Dealers are -- or should be -- preparing to take any sales slowdown in stride, by beefing up their service and parts operations. GM China sees strong growth for luxury models and EVs http://www.autonews.com/article/20160428/GLOBAL03/160429814/gm-china-sees-strong-growth-for-luxury-models-and-evs Thu, 28 Apr 2016 15:56:41 EST Chinese consumers' continued preference for luxury brands could help make that country Cadillac's largest global market in the next five to 10 years, the head of General Motors China said today. AutoNews Now: FCA, Google in talks? http://www.autonews.com/article/20160428/VIDEO/304289926/autonews-now-fca-google-in-talks Thu, 28 Apr 2016 00:01:00 EST FCA reportedly near deal with Google; FCA's Chinese partner seeks way into U.S.; April U.S. sales rise expected; Ford working on 200-mile EV; Autonomous-car tech going bust with boomers. Gen Y more likely than older drivers to trust self-driving tech, study finds http://www.autonews.com/article/20160428/OEM06/160429822/gen-y-more-likely-than-older-drivers-to-trust-self-driving-tech Thu, 28 Apr 2016 13:00:00 EST More than half of those born after 1976 say they trust autonomous tech, compared with 41 percent in Generation X, 23 percent of baby boomers and 18 percent of the pre-boomer generation, J.D. Power's annual U.S. Tech Choice Study found. FCA-Google talks? Marchionne may have dropped a hint http://www.autonews.com/article/20160428/OEM06/160429820/fca-google-talks-marchionne-may-have-dropped-a-hint Thu, 28 Apr 2016 13:53:27 EST Did Fiat Chrysler CEO Sergio Marchionne tip his hand at ongoing talks with Google earlier this week? During a call with analysts Tuesday as FCA delivered first-quarter results, Marchionne was asked about potential partnerships with nonautomotive... China's GAC looks to Fiat Chrysler to help enter U.S. http://www.autonews.com/article/20160428/GLOBAL03/160429826/chinas-gac-looks-to-fiat-chrysler-to-help-enter-u-s Thu, 28 Apr 2016 09:44:13 EST China's Guangzhou Automobile Group, whose partnership with Fiat Chrysler Automobiles enables the Italian-American automaker to manufacture in China, wants Fiat Chrysler to return the favor by helping it launch U.S. sales. VW eyes new partners; not talking with Google, Apple http://europe.autonews.com/article/20160428/ANE/160429835/vw-eyes-new-partners-not-talking-with-google-apple Thu, 28 Apr 2016 04:47:28 EST VW will open itself up to more partnerships and strategic investments to help generate a "substantial proportion" of its revenue from new business models, CEO Matthias Mueller said. First Shift: Ford posts record Q1 profit http://www.autonews.com/article/20160428/VIDEO/304289925/first-shift-ford-posts-record-q1-profit Thu, 28 Apr 2016 00:01:00 EST F-150 helps push Ford to record Q1 profit; Fields: 'Absolutely terrific start'; Mitsubishi: No test-data problems in newer U.S. models; VW's growth outlook; JLR phone-finder app; Hyundai NFL promo. April U.S. sales expected to rise 4% with SAAR of 17.4-17.6 million http://www.autonews.com/article/20160427/RETAIL01/160429839/april-u-s-sales-expected-to-rise-4-with-saar-of-17-4-17-6-million Wed, 27 Apr 2016 15:55:24 EST U.S. new-vehicle sales in April are projected to rise about 4 percent from a year ago, according to four forecasts, easing concerns that the market is weakening. Germany to offer 4,000 euro subsidy to boost EV sales http://europe.autonews.com/article/20160427/ANE/160429860/germany-to-offer-4000-euro-subsidy-to-boost-ev-sales Wed, 27 Apr 2016 06:25:04 EST Germany announced a plan today to invest about 1 billion euros ($1.13 billion) to promote electric cars, which will include subsidies of 4,000 euros ($4,524) for buyers of EVs and 3,000 euros for those choosing to purchase a plug-in hybrid. AutoNews Now: A drop-off in drop-tops http://www.autonews.com/article/20160427/VIDEO/304279920/autonews-now-a-drop-off-in-drop-tops Wed, 27 Apr 2016 00:01:00 EST Can Buick counter the drop-off in drop-tops?; Ford issues 5 recalls; Getting Germany to go green; Volvo to test autonomous cars in U.K.; GM plant investments; May I rent your Mini? High warranty costs reflect Tesla's struggle with quality http://www.autonews.com/article/20160427/OEM05/160429847/high-warranty-costs-reflect-teslas-struggle-with-quality Wed, 27 Apr 2016 12:25:48 EST Tesla CEO Elon Musk has told investors his electric car company will stop burning cash and turn a profit this year, and corralling costs associated with quality problems will be critical to making good on that pledge. Bosch profit boosted by auto sensor technology sales http://europe.autonews.com/article/20160427/ANE/160429855/bosch-profit-boosted-by-auto-sensor-technology-sales Wed, 27 Apr 2016 08:26:12 EST Robert Bosch said revenue rose 44 percent to an all-time high of 70.6 billion euros last year helped by strong sales of vehicle technology, but cautioned momentum had slowed at the start of 2016. Bosch's auto unit boosted sales 12 percent to 41. Valeo sales rise 9% on intuitive driving systems http://europe.autonews.com/article/20160427/ANE/160429862/valeo-sales-rise-9-on-intuitive-driving-systems Wed, 27 Apr 2016 04:44:23 EST French supplier Valeo reported a 9.4 percent rise in first-quarter sales, lifted by demand for pricier content such as display screens, parking assistance and radar systems. Mercedes' sales surge may be too late to unseat Audi, BMW in China http://europe.autonews.com/article/20160426/ANE/160429891/mercedes-sales-surge-may-be-too-late-to-unseat-audi-bmw-in-china Tue, 26 Apr 2016 07:07:52 EST The sales surge that has put Mercedes within reach of the top spot in the global luxury-car market this year may be too little, too late to deliver leadership in China as rivals Audi and BMW re-stock their lineups to keep Mercedes at bay Ford, Volvo, Google, Uber, Lyft form coalition to promote self-driving cars http://www.autonews.com/article/20160426/OEM06/160429889/ford-volvo-google-uber-lyft-form-coalition-to-promote-self-driving Tue, 26 Apr 2016 07:54:43 EST Ford, Volvo Cars, Google and two ride-hailing companies created a coalition, led by former NHTSA chief David Strickland, to urge federal government action to help advance self-driving vehicles. Asbury Q1 net down 14%; will open used-car stores despite slow sales http://www.autonews.com/article/20160426/RETAIL/160429879/asbury-q1-net-down-14-will-open-used-car-stores-despite-slow-sales Tue, 26 Apr 2016 11:34:49 EST Asbury Automotive's first-quarter net income dropped 14 percent to $31 million, pressured by softer new- and used-vehicle sales, even as revenue edged up 0.6 percent to $1.55 billion, the company said today. Sonic Q1 net rises 4.7% on parts and service, FandI; revenue flat http://www.autonews.com/article/20160426/RETAIL/160429886/sonic-q1-net-rises-4-7-on-parts-and-service-fi-revenue-flat Tue, 26 Apr 2016 09:25:27 EST Sonic Automotive reported net income rose 4.7 percent to $14.6 million in the first quarter from a year earlier. Despite the narrow gain, the auto retailer reported a decline in gross profits on new and used vehicles amid weaker new-vehicle sales. Penske Q1 net rises 5.7% on higher sales http://www.autonews.com/article/20160426/RETAIL/160429885/penske-q1-net-rises-5-7-on-higher-sales Tue, 26 Apr 2016 09:28:34 EST Penske Automotive Group reported a 5.7 percent rise in first-quarter net income attributed in large part to the strength of its retail sales. The nation's second-largest dealership group said net income rose to $80. AutoNews Now: FCA to shuffle plants, products http://www.autonews.com/article/20160426/VIDEO/304269897/autonews-now-fca-to-shuffle-plants-products Tue, 26 Apr 2016 00:01:00 EST FCA plant, product shuffle: Ram factory to make Jeep Wagoneer, as Compass-Patriot replacement heads to Mexico; FCA column clicks; Ford investments; BMW exec changes VW passes Toyota as production stoppages threaten 4-year sales reign http://europe.autonews.com/article/20160426/ANE/160429898/vw-passes-toyota-as-production-stoppages-threaten-4-year-sales-reign Tue, 26 Apr 2016 02:53:20 EST Volkswagen pulled ahead of Toyota in global deliveries during the first quarter, a trend that could continue as a series of production stoppages threaten the Japanese automaker's four-year reign atop auto industry sales charts. First Shift: Mitsu misconduct goes back 25 yrs http://www.autonews.com/article/20160426/VIDEO/304269896/first-shift-mitsu-misconduct-goes-back-25-yrs Tue, 26 Apr 2016 00:01:00 EST 25 years of Mitsu misconduct; Ford, Volvo, Google, Uber, Lyft in self-driving push; Earnings up at FCA, down at Hyundai; VW outsells Toyota; Honda Clarity's aerodynamic design. BMW will help Mini owners rent out their cars http://europe.autonews.com/article/20160426/ANE/160429892/bmw-will-help-mini-owners-rent-out-their-cars Tue, 26 Apr 2016 05:55:31 EST Mini plans to help its customers turn idle downtime into cash by allowing them to rent out their cars when they are not using them. New Minis will soon be available with devices that track the vehicle and accept payments from renters. Audi teams up with Captain America http://www.autonews.com/article/20160426/VIRALVIDEO/304269999/audi-teams-up-with-captain-america Tue, 26 Apr 2016 00:01:00 EST In 'The Chase,' from Anomaly, Audi leverages its 'Captain America: Civil War' sponsorship to film a humorous take on the classic car-chase shot. Auto dealers in China, ubiquitous as KFCs, face shakeout http://www.autonews.com/article/20160425/GLOBAL03/160429901/auto-dealers-in-china-ubiquitous-as-kfcs-face-shakeout Mon, 25 Apr 2016 11:37:14 EST China has set six straight annual records for the most new vehicles bought by any country in the 150-year history of the automobile. ALG chief: Millennials will drive strong leasing http://www.autonews.com/article/20160425/OEM02/304259993/alg-chief-millennials-will-drive-strong-leasing Mon, 25 Apr 2016 00:01:00 EST Millennials are paying off their student loans and moving out of their parents' basements. That cohort's emphasis on affordability will continue to drive lease growth, Jim Nguyen, the new head of ALG, predicts in this QandA. Dealer anniversary awards http://www.autonews.com/article/20160425/RETAIL07/304259980/dealer-anniversary-awards Mon, 25 Apr 2016 00:01:00 EST Dealers featured this week include Ken Gensinger Sr., dealer principal at Gensinger Volkswagen in Clifton, N.J.; Amy Hunter of Jeff Hunter Toyota in Waco, Texas; Mike Dye, owner of Max Dye Inc. (GMC-Chrysler-Dodge-Jeep-Ram) in Salem, Ill. First Shift: Dodge Journey makeover delayed http://www.autonews.com/article/20160425/VIDEO/304259880/first-shift-dodge-journey-makeover-delayed Mon, 25 Apr 2016 00:01:00 EST Dodge Journey platform switch delayed; AutoNation eases rule on cars with open recalls; Mercedes to compensate dealers for unfixed vehicles; New Porsche Caymans; Beijing preview Why are some Nissan dealers so unhappy? http://www.autonews.com/article/20160425/RETAIL07/304259955/why-are-some-nissan-dealers-so-unhappy Mon, 25 Apr 2016 00:01:00 EST As retailers gathered for the 2016 National Automobile Dealers Association convention, audiences seemed to nod in agreement at criticism that Nissan has used its elbows in its race to become America's No. 2 import automaker. Will Mitsubishi scandal scare off partners? http://www.autonews.com/article/20160425/OEM05/304259958/will-mitsubishi-scandal-scare-off-partners Mon, 25 Apr 2016 00:01:00 EST Even if Mitsubishi's cheating scandal stays isolated to Japan-market minivehicles, its admission could alarm other automakers who are considering strategic tie-ups with the Japanese manufacturer. Motorcycle, auto stores ride in tandem http://www.autonews.com/article/20160425/RETAIL07/304259986/motorcycle-auto-stores-ride-in-tandem Mon, 25 Apr 2016 00:01:00 EST By leveraging the market expertise and used sales operation of its Harley-Davidson dealership, Sheehy Auto Stores now has a more efficient way to handle motorcycle trade-ins. A scion finds his dream job at Toyota store http://www.autonews.com/article/20160425/RETAIL07/304259961/a-scion-finds-his-dream-job-at-toyota-store Mon, 25 Apr 2016 00:01:00 EST About a year after resigning as CEO of Larry H. Miller Dealerships, Greg Miller has bought a single store near San Diego. The purchase fulfills his dream of running his own store. Used-car sales surge at top groups http://www.autonews.com/article/20160425/RETAIL04/304259978/used-car-sales-surge-at-top-groups Mon, 25 Apr 2016 00:01:00 EST Automotive News' annual list of the top 100 dealership groups based in the U.S. ranked by used-vehicle sales shows industrywide strong unit sales increases, with 43 of the groups listed posting gains of 10 percent or more. AutoNation eases recall policy over Takata airbags http://www.autonews.com/article/20160425/OEM11/304259963/autonation-eases-recall-policy-over-takata-airbags Mon, 25 Apr 2016 00:01:00 EST AutoNation is changing one of the key tenets of its policy not to sell any vehicle with an open recall. The retailer now will allow some recalled vehicles to go to wholesale auction if lack of replacement parts causes lengthy repair times. Small crossovers grow big http://www.autonews.com/article/20160425/RETAIL01/304259967/small-crossovers-grow-big Mon, 25 Apr 2016 00:01:00 EST The fastest-rising vehicle segment in the first quarter? No contest. It was subcompact crossovers, the same category that took off like a rocket in 2015. Teasing Tesla: No waiting on a Nissan Leaf http://www.autonews.com/article/20160425/OEM05/160429935/teasing-tesla-no-waiting-on-a-nissan-leaf Mon, 25 Apr 2016 00:01:00 EST Nissan couldn't resist taking a swipe at Tesla last weekend, reminding consumers in nationwide advertising that it has been mass-producing the all-electric Leaf since 2010. Spy shots point to bigger, bolder Honda CR-V on the way http://www.autonews.com/article/20160425/OEM04/304259971/spy-shots-point-to-bigger-bolder-honda-cr-v-on-the-way Mon, 25 Apr 2016 00:01:00 EST Spy photos of Honda's next-generation CR-V indicate that the compact crossover will get bold new styling and likely will be larger than the current model. Forget a sales peak, disruption is the industry's real challenge http://www.autonews.com/article/20160425/OEM06/304259975/forget-a-sales-peak-disruption-is-the-industrys-real-challenge Mon, 25 Apr 2016 00:01:00 EST Exactly when sales and profitability hit maximum is important. But only because they are the resources auto companies need to transform themselves for a changing future. Dealer's computer fraud suit against ex-staffers OK'd http://www.autonews.com/article/20160425/LEGALFILE/304259984/dealers-computer-fraud-suit-against-ex-staffers-okd Mon, 25 Apr 2016 00:01:00 EST A U.S. magistrate has given a Colorado dealer the green light to pursue a lawsuit accusing two former managers of unauthorized access to his store's computer systems and of stealing trade secrets. ADESA parent explores how best to deliver sales http://www.autonews.com/article/20160425/RETAIL01/304259991/adesa-parent-explores-how-best-to-deliver-sales Mon, 25 Apr 2016 00:01:00 EST KAR Auction Services, parent of ADESA, unveiled a new data science unit that will help commercial consigners find the most efficient marketplace for their vehicles. Toyota sees potential for minivans in China as families grow http://www.autonews.com/article/20160424/GLOBAL03/160429923/toyota-sees-potential-for-minivans-in-china-as-families-grow Sun, 24 Apr 2016 08:00:28 EST Crossovers and SUVs are the hot-selling must-haves in China's fickle auto market. But Toyota, on the lookout for the next big trend, thinks it may have spotted an untapped gold mine: minivans. Renault exec wonders if Google, Apple will lose interest in auto business http://europe.autonews.com/article/20160424/ANE/160429992/renault-exec-wonders-if-google-apple-will-lose-interest-in-auto Sun, 24 Apr 2016 00:01:00 EST Renault Connected Car Director Thierry Viadieu is confident that his company will be in the car business a decade from now. He is less sure that will be the case for Google and Apple. He explained why to Automotive News Europe. Premium compact SUV sales in Europe to double by 2020 http://europe.autonews.com/article/20160423/ANE/160419914/premium-compact-suv-sales-in-europe-to-double-by-2020 Sat, 23 Apr 2016 00:01:00 EST Sales of premium compact SUVs and crossovers are expected to rebound this year, after falling 5 percent last year, and double by 2020 as automakers such as Volvo and Infiniti join the segment, analysts forecast. Daimler establishes task force to evaluate Brexit risk http://europe.autonews.com/article/20160423/ANE/160429943/daimler-establishes-task-force-to-evaluate-brexit-risk Sat, 23 Apr 2016 00:01:00 EST Daimler has set up a task force to assess the potential impact of a UK exit from the EU. The automaker believes a so-called "Brexit" could lead to a rise in market volatility. Chevrolet remembers Prince with full-page ads http://www.autonews.com/article/20160422/RETAIL03/160429941/chevrolet-remembers-prince-with-full-page-ads Fri, 22 Apr 2016 11:14:29 EST When legendary musician Prince died on Thursday, Chevrolet tweeted out a picture of a red, 1963 Corvette -- a nod to his hit 1982 song 'Little Red Corvette.