Automotive News Retail News Feed http://www.autonews.com News, blogs and commentary from the leader in North American automotive news en-us Thu, 30 Oct 2014 06:00:00 EST BMW, others bet on Brazil but benefits trail Mexico http://www.autonews.comhttp://europe.autonews.com/article/20141030/ANE/141039992/bmw-others-bet-on-brazil-but-benefits-trail-mexico Thu, 30 Oct 2014 10:18:47 EST BMW is among a group of carmakers investing in Brazil as a growing middle class fuels a surge in car sales, but high costs, poor infrastructure and few trade agreements mean Brazil can't compete with rival Mexico as a Latin American... Lithia will continue rapid acquisition pace after DCH http://www.autonews.com/article/20141030/RETAIL07/141039995/lithia-will-continue-rapid-acquisition-pace-after-dch Thu, 30 Oct 2014 09:08:30 EST Lithia Motors will continue its rapid pace of acquisitions over the next year despite just closing a huge deal to buy DCH Auto Group, executives said today. How the 'Chevy Guy' became, you know, a hit and stuff http://www.autonews.com/article/20141030/BLOG06/141039990/how-the-chevy-guy-became-you-know-a-hit-and-stuff Thu, 30 Oct 2014 10:51:33 EST Late Wednesday night, General Motors introduced America to the 2015 Chevrolet Colorado -- the dependable, all-new pickup that comes with 'you know, technology and stuff.' Ford's Fields lunch auction draws top bid of $100,000 http://www.autonews.com/article/20141029/OEM02/141029805/ford-s-fields-lunch-auction-draws-top-bid-of-100000 Wed, 29 Oct 2014 15:57:30 EST The price to have lunch with Mark Fields? $100,000. Ford's new CEO will have an exclusive lunch with the highest bidder to benefit Detroit charity Focus: HOPE. Maserati beats Ferrari in Q3 profit on Montezemolo exit http://www.autonews.com/article/20141029/COPY01/310299943/maserati-beats-ferrari-in-q3-profit-on-montezemolo-exit Wed, 29 Oct 2014 12:22:30 EST Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo. Maserati beats Ferrari in Q3 profit on Montezemolo exit http://www.autonews.comhttp://europe.autonews.com/article/20141029/ANE/141029809/maserati-beats-ferrari-in-q3-profit-on-montezemolo-exit Wed, 29 Oct 2014 12:22:30 EST Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo. Penske Automotive eyes more growth overseas, retail truck stores http://www.autonews.com/article/20141029/RETAIL07/141029815/penske-automotive-eyes-more-growth-overseas-retail-truck-stores Wed, 29 Oct 2014 10:04:56 EST Penske Automotive wants to grow by snapping up more car dealerships overseas and buying other businesses, such as heavy-duty retail truck stores. Mitsubishi's net rises 8 percent as U.S. sales soar http://www.autonews.com/article/20141029/OEM01/141029807/mitsubishis-net-rises-8-percent-as-u-s-sales-soar Wed, 29 Oct 2014 15:28:50 EST Mitsubishi Motors said net income rose 8 percent in the latest quarter, aided by results in North America. Edmunds.com buys startup, plans to offer texting services to dealerships http://www.autonews.com/article/20141029/RETAIL07/141029810/edmunds-com-buys-startup-plans-to-offer-texting-services-to Wed, 29 Oct 2014 12:09:48 EST Edmunds has purchased a startup texting technology company that it helped nurture. The acquisition will enable Edmunds dealership subscribers to offer texting services to mobile customers. Fiat Chrysler's growth plans clouded by Brazilian outlook http://www.autonews.comhttp://europe.autonews.com/article/20141029/ANE/141029832/fiat-chryslers-growth-plans-clouded-by-brazilian-outlook Wed, 29 Oct 2014 05:52:08 EST Fiat Chrysler aims to boost sales in Latin America by 44 percent over five years but a recent big drop in volume and weakening outlook in Brazil, the region's biggest economy, threaten to spoil its ambitions. %]