Automotive News Retail News Feed News, blogs and commentary from the leader in North American automotive news en-us Sun, 21 Dec 2014 06:00:00 EST In Russia, all are losing, but none are leaving Sun, 21 Dec 2014 00:01:00 EST Despite suffering heavy losses in Russia's sinking economy, global automakers say they still expect a long-term payoff from their huge investments there. Nissan tops 100,000 sales in Canada for first time, gains market share Fri, 19 Dec 2014 14:02:22 EST Nissan said its sales in Canada have reached a record-breaking 100,000 new vehicles this year. CarMax says Q3 net income rose 22% to $130 million Fri, 19 Dec 2014 09:14:52 EST CarMax, the largest used-car seller in the United States, said net income surged 22 percent in its third fiscal quarter as easier credit boosted vehicle sales. Ghosn says ruble plunge a 'bloodbath' for automakers Fri, 19 Dec 2014 04:04:33 EST The ruble's plunge is creating a "bloodbath" for automakers in Russia, Renault-Nissan CEO Carlos Ghosn said. U.S. gas prices drop below $2.50 a gallon, boosting year-end auto sales Thu, 18 Dec 2014 13:34:20 EST U.S. drivers are paying less than $2.50 a gallon at the gasoline pump for the first time in more than five years, giving a lift to year-end car sales. GM, Audi, Jaguar halt Russia sales on ruble's collapse Thu, 18 Dec 2014 07:12:05 EST GM, Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse. Smartphone app Zubie adds automotive retail and service perks Thu, 18 Dec 2014 08:00:00 EST Drivers don't need a calendar to let them know when to go in for a service check -- Zubie can tell them. And now, the smartphone app is offering perks as well. U.S. market has never been more competitive, IHS says Thu, 18 Dec 2014 07:00:00 EST The battle for market share among the largest eight automakers in the U.S. has never been greater as the range between them continues to narrow, a report from IHS Automotive said today. Will the CFPB redefine 'larger'? Wed, 17 Dec 2014 00:01:00 EST Auto industry watchers that formally weighed in on the Consumer Financial Protection Bureau's definition of 'larger' auto lenders took predictable positions before the public comment period closed last week. Budget brands win despite Europe's car sales slowdown Tue, 16 Dec 2014 03:33:38 EST New-car registrations in Europe rose 1 percent in November, with budget brands beating the market as nervous consumers kept a tight lid on spending. Vehicle sales in the EU and EFTA markets advanced to 989,457 cars. Takata hires PR firm Sard Verbinnen amid airbag recall crisis Tue, 16 Dec 2014 13:34:53 EST Takata said it has hired public relations firm Sard Verbinnen as the company contends with the fallout from its recall crisis for potentially defective airbag inflators that can spray vehicle occupants with metal shrapnel. joins rivals in offering dealership reviews Tue, 16 Dec 2014 11:37:25 EST AutoTrader is adding dealer reviews to its website after long resisting them. The giant vehicle shopping site has agreed to post consumer reviews of dealerships collected by DealerRater, the two companies announced today. Ford's stop-motion drag racer hits YouTube Tue, 16 Dec 2014 00:01:00 EST Ford of Europe jam-packs its latest hit from stop-motion drag racer Snowkhana, 'SNOWKHANA THREE: YuleTube,' with pop culture references aplenty. Volvo to start online car sales, skip some big auto shows Mon, 15 Dec 2014 02:39:37 EST Volvo will start selling vehicles online as it rolls out new models. The automaker plans to have all its car lines offered digitally in all its markets, sales chief Alain Visser said. End of the road for midsize sedans? Mon, 15 Dec 2014 00:01:00 EST Talk about an epoch-making event: The midsize sedan's long, long (as in forever) run as the largest vehicle segment in the U.S. may be coming to an end. Fiat Chrysler exports from Brazil to Mexico after more than 3 years Mon, 15 Dec 2014 15:36:13 EST Fiat Chrysler has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said. Mercedes prices new Maybach S class at 134,100 euros Mon, 15 Dec 2014 15:45:55 EST Mercedes set the starting price of the Maybach S-class sedan at 134,100 euros ($166,700) and began taking orders for the would-be challenger to Rolls-Royce and Bentley. Sneak peek at the new BMW 7-series Mon, 15 Dec 2014 00:01:00 EST Early look at the BMW 7-series doesn't show a major shift in design. Volvo to skip most auto shows; focus will be on Detroit, Geneva, China Mon, 15 Dec 2014 02:39:37 EST Volvo is shifting its focus from auto shows to market more directly to buyers as part of a broader realignment of its marketing efforts that will place more focus on digital outreach. Bentley raises car sales target to 20,000, report says Mon, 15 Dec 2014 04:12:52 EST Bentley is targeting 20,000 annual deliveries by 2020, double its 2013 sales, boosted by new models such as its first SUV, a report said. Smart says China will be its top market Mon, 15 Dec 2014 02:29:55 EST China could overtake Germany and Italy to become the biggest market for Smart in a few years, Smart CEO Annette Winkler said. Smart will launch the latest ForTwo and its new ForFour in China next year. Hyundai moves money to regain mojo Mon, 15 Dec 2014 00:01:00 EST Determined not to let hard-won market share gains slip away, Hyundai Motor America CEO Dave Zuchowski is redirecting marketing dollars and asking for a bigger budget from his bosses in Korea. Ford deploys kiosks to push F-150 Mon, 15 Dec 2014 00:01:00 EST But even before the new Ford F-150s arrive in showrooms in large numbers, some dealerships can give shoppers a good look at the redesigned pickup truck with video kiosks. Retired rentals ding prices Mon, 15 Dec 2014 00:01:00 EST The talk in remarketing circles has been about how the rising tide of off-lease vehicles will push used-car prices down. But more retired rental units are destined to hit the market next year, too. Next Pennsylvania gov not quitting on blue Wrangler now Mon, 15 Dec 2014 00:01:00 EST Jeep has a history ferrying around heads of state. Some of the most iconic shots of Presidents Franklin D. Roosevelt and Dwight Eisenhower were taken while they were sitting in Jeeps. Exciting stuff, those 'That's not a Buick!' ads Mon, 15 Dec 2014 00:01:00 EST Buick executives believe the ubiquitous TV commercials they've been running since spring -- "That's not a Buick!" -- are connecting with consumers. Now they've got scientific proof, of sorts. Mazda executives zoom, zoom past dealers Mon, 15 Dec 2014 00:01:00 EST Some car companies say thank you to their dealers with a trip to Hawaii. Racing-mad Mazda executives do it by challenging retailers on the track. Nissan: Gas prices not a sales drain Mon, 15 Dec 2014 00:01:00 EST Nissan brand's sales dipped in November after 13 straight months of year-over-year increases. But no one is blaming the 2 percent setback on one of the most notable changing market factors of the moment: cheaper fuel. Smaller supply for big month Mon, 15 Dec 2014 00:01:00 EST Most automakers have enough stock for big December promotions in what has become one of the best sales months of the year. But they certainly aren't overstocked after torrid November U.S. light-vehicle sales cut into inventory. Where are the GM program vehicles? Mon, 15 Dec 2014 00:01:00 EST The flow of retired rental vehicles that General Motors normally sells at auction to its dealers has slowed to a trickle since mid-November, dealers say. How auto dealers gained our esteem Mon, 15 Dec 2014 00:01:00 EST Several trends in business and technology favor local merchants, including auto dealers, over national conglomerates in terms of treating customers right. Revolving doors Mon, 15 Dec 2014 00:01:00 EST The challenges facing sales consultants are familiar: long and irregular hours, uncertain and variable pay and relatively low income. NACTOY finalists announced Mon, 15 Dec 2014 00:01:00 EST The Ford Mustang, Hyundai Genesis and Volkswagen Golf were named finalists for North American Car of the Year, while the Lincoln MKC, Ford F-150 and Chevy Colorado were named truck/utility finalists. Fleet and retail even out as year end nears Mon, 15 Dec 2014 00:01:00 EST Fleet sales grew at a faster pace than retail volume in November, bringing both channels into balance as the year nears a close. For the seven automakers that control 86 percent of the U.S. Urban-living trend a chance to branch out and up Mon, 15 Dec 2014 00:01:00 EST Few dealers would get far offering a $2,500-a-month lease. Not on a car, anyway. For Murphy, building up charity is the next move Mon, 15 Dec 2014 00:01:00 EST Mike Murphy's plan to embed his Volkswagen of Oakland dealership into a mixed-use development that includes housing may be one of his final acts in the car business. FTC finds fine print too fine, imposes fines Sun, 14 Dec 2014 00:01:00 EST Dealers should remember Americans are getting older. And while smartphone screens are getting bigger, they're still dinky compared to that big-screen TV on your wall. Think big print. Whose dashboard is it anyway? Sat, 13 Dec 2014 00:01:00 EST When car companies do business with Apple Inc. or Google Inc., they like to say they are dealing with a "partner" -- not a supplier. It's becoming clear that they won't always be silent partners. Who says the Detroit 3 can't sell luxury? Fri, 12 Dec 2014 15:40:03 EST We hear an awful lot about the sorry state of Detroit's luxury brands, but if you look at it objectively, Detroit actually isn't bad at selling luxury vehicles. It's just that the luxury vehicles are pickup trucks and SUVs. FTC launches second crackdown on auto dealer advertising Fri, 12 Dec 2014 14:13:57 EST The Federal Trade Commission today charged two auto dealership groups with violating earlier orders from the FTC to avoid misleading advertising regarding payments and financing, such as improper use of fine print and failure to adequately disclose... BWI Group gives Lamborghini Huracan added stability http://www.autonews.com Fri, 12 Dec 2014 00:01:00 EST BWI Group provides added stability to the new Lamborghini Huracan with its optional magneto-rheologic suspension damper control system. Harman supplies the supercar's infotainment and navigation system. VW has 10 million sales in sight despite flat November Fri, 12 Dec 2014 06:54:18 EST VW Group's global vehicle sales increased just 1 percent in November as its business was hit by slumps in Russia and Brazil. The automaker, however, remains confident it will meet a full-year target of 10 million deliveries. Toyota, dealers get pop culture boost on 'Modern Family' Thu, 11 Dec 2014 16:23:56 EST Pop culture can have a powerful impact on social perceptions. In which case, the TV show 'Modern Family' on ABC polished the tarnished image of the modern car dealership in Wednesday night's episode. DriveTime names Manheim, low-end vehicle auction as exclusive remarketers Thu, 11 Dec 2014 16:07:37 EST DriveTime has named Manheim and Go Auto Exchange, an auction that specializes in dealer-to-dealer sales of low-end used vehicles, as its exclusive sales outlet for remarketing vehicles. Mercedes' $29,900 CLA -- now you see it, now you don't Thu, 11 Dec 2014 00:01:00 EST It was bound to happen, although it came sooner than expected and with no changes in equipment. Why Honda is touting its new 'Green Dealer' guide Thu, 11 Dec 2014 08:00:00 EST Honda is releasing its internal 'Green Dealer' guide today to help automakers and other franchised businesses reduce their carbon footprints. Mercedes sales chief Kaellenius seen as potential Zetsche successor after promotion to board Thu, 11 Dec 2014 08:34:13 EST Daimler promoted Ola Kaellenius, head of sales for its Mercedes unit, to the group's management board, making him a potential candidate to succeed Dieter Zetsche as CEO. Zetsche's current contract runs until the end of 2016. UK dealer puts BMW's Future Retail program to the test Thu, 11 Dec 2014 00:01:00 EST BMW's Future Retail program, which launched last year in Europe and China, offers customers a high-tech but unrushed explanation of BMW products. Elms BMW in the UK was an early adopter as it wanted a new way to lure customers. Audi exec says cyberstores link physical, virtual worlds Thu, 11 Dec 2014 00:01:00 EST Audi's cyberstores in London, Beijing and Berlin showcase the brand's technology by presenting its entire model lineup in a digital format. Horst Hanschur, Audi's head of business development, explained the benefits to Automotive News Europe. Why loyalty leads to fewer dealership visits Thu, 11 Dec 2014 00:01:00 EST A customer visited a dealership an average of six times in the UK before completing a purchase in 1994. That number dropped to 1.2 visits in 2012 and it's still falling, a successful retailer says. %]