Automotive News Table of Contents
Hyundai Motor America plans to tell dealers by year end which markets it has designated for stand-alone Genesis stores, said Brian Smith, who joined the automaker from Toyota in October.
General Motors has reaped financial benefits and learnings from its $500 million investment in the ride-hailing company Lyft; however, the long-term parameters of the relationship between the two remain uncertain.
Ford countered GM's vision for a large-scale self-driving car deployment in 2019 by detailing plans to launch an autonomous hybrid in 2021 for more diverse commercial uses.
BMW of North America CEO Bernhard Kuhnt is working to revamp the company's culture and improve its relations with the dealership network.
Megadealer Norman Braman filed a federal lawsuit against BMW in September, arguing that changes to a bonus program illegally modified franchise agreements. Now BMW has issued a scorching response.
It took a while for Honda to recognize the scope of its problem with bad Takata airbag inflators, but since it did, the company has led the way in finding affected vehicles and getting their owners to come in for repairs.
Matt Parsons and Mary Meyers have joined Automotive News as regional sales managers.
Dealers are positive about the next quarter, but that optimism varies widely by region, a Cox Automotive survey found.
Ford is using the world's largest vehicle market as a test bed for alternatives to traditional dealer showrooms.
It would be the largest-scale automotive application of carbon fiber, whose long, labor-intensive production process and high cost relative to steel and aluminum have limited its use mostly to luxury vehicles and sports cars.
Over-the-air updates are seen as a key part of connected and autonomous vehicles, as they allow companies to refine their systems over time and provide real-time updates when needed.
With the latest redesign of its entry-level car family arriving in 2018, Mercedes-Benz finally has an A class suited for U.S. consumers, says the brand's global sales chief.
The Mini brand is contemplating going all electric, but a decision won't be made until early next decade.
Lamborghini's 650-hp, $237,000 Urus is poised to enter at the top of the ultraluxury SUV segment, which already includes the Bentley Bentayga and Mercedes-Benz G 65 AMG, with Aston Martin, Ferrari and Rolls-Royce poised to enter the fast-growing sector .
The Mercedes-AMG CLS53 will go on sale in the U.S. by the end of 2018, kicking off a new line in the AMG performance stable.
Porsche will make a final decision next year whether to build full battery-electric and coupe versions of its Cayenne and Macan crossovers.
Boardroom unease over ongoing acquisitions just brought down ZF's CEO. But the parts giant knows it must press on to be a true global autonomous vehicle competitor.
Nissan is steering cash spiffs to dealership sales personnel this month in a bid to sell off 2017 models.
Automotive News' articles regarding the future of our business are extremely thought provoking and challenging.
Lots of rules these days from brands that have very little market share. Lexus started out with rules that are no longer required, such as advertising guidelines, that Cadillac and Lincoln still hold dealers to.
Volkswagen Group deserves praise for pre-emptively engaging with its dealers globally to ensure that they are prepared and protected as the industry moves further toward electric vehicles.
I don't know how successful Lincoln will be in China, where it is starting a huge marketing and product push, but the luxury brand looks to be making the right moves in North America.
It is important to be open to the other person's point of view. I could not tell if Moshe Stopnitzky was objecting to using a multiple for arriving at an asking price for the dealership or for just arriving at an asking price for the blue sky.
Burning through $1 billion per quarter, or $8,000 per minute? Anyone but Elon Musk would be waving a white flag or contemplating leaving the country (planet).
Nissan's second-generation electric Leaf launches in January with a big advantage for the automaker. It's done this before.
Dealerships need to build bridges that connect the online and in-store experience, says Mike Burgiss, vice president of digital retailing at Cox Automotive.
Aptiv has partnered with Israeli tech firm Valens Automotive to rewire future vehicles with fewer wires.
Spanish advertising, a bilingual staff and a refined sales strategy have helped Downey Nissan lead the brand in new-vehicle sales to Hispanic customers so far in 2017.
In this special section, Automotive News sheds light on a few of the countless people and companies that helped shape the modern dealership F&I office.
GM wasn't the first car company to figure out its customers and dealers needed a finance source they could rely on and do something about it. That honor goes to Willys-Overland Motor Co.
GMAC, launched in 1919, became the model for the modern captive finance company and helped popularize the idea of mass-market consumer financing.
It has long been said that the "I" in F&I refers to credit insurance, arguably the first add-on product sold in dealerships' finance and insurance offices. One of the product's earliest providers, Central States Health & Life Co.
In the late 1980s, as the auto retail industry braced for an increase in state and federal scrutiny and regulations, the need for a compliance certification program was clear. So industry leaders formed the Association of Finance & Insurance Professionals.
Hudson Cook could be the largest law firm whose practice focuses on all financial aspects of the automobile business. And co-founder Tom Hudson planned it that way.
Reynolds and Reynolds has grown into a dealership software giant that — among other things — is a leading supplier of retail installment sales contracts, consumer lease agreements and other support documents that are federally and state compliant.
The auto finance industry takes online credit applications for granted today, but Dealertrack and RouteOne helped popularize the technology.
The F&I landscape shifted in the 1980s. Gone were the days of chasing the money under any circumstance. Customer satisfaction and compliance had to come first. The F&I menu had a hand in that.
JM&A Group brought the F&I menu to a large part of the market, even creating its own iterations of it, but the company's real strength was building the F&I process around the menu.
Thirty years ago, there were few F&I products in the market, but when Toyota shifted its warranty program, JM&A Group identified an opportunity to offer a new product to dealerships and consumers: prepaid maintenance.
Paul Askos, founder of service contract provider Western National Warranty Corp., was the kind of guy who did the right thing, even when it seemed like the wrong thing for business.
Today, nearly half of U.S. vehicle buyers purchase guaranteed asset protection, making it an F&I office product staple. But it's had its ups and downs since arriving on the national market about 25 years ago.
After years of partnering with body shops for hail damage repairs, Troy Good came to a realization: Why not incorporate paintless dent repair coverage into a service contract, giving dealership F&I departments a new product to sell?
If a century of forward thinking gave rise to the F&I office and products of today, what might the future bring? We asked F&I industry insiders to weigh in.
Recall compliance rates quadrupled this year in Vermont and nearly doubled in the District of Columbia after they started listing unrepaired defects on residents' annual vehicle inspection reports, a study commissioned by American Honda found.
Toyota has found a natural home amid the eye-popping styles and eclectic musical acts of Afropunk festivals.
Heeding a call to action from President Akio Toyoda, Toyota marketers are leveraging an eight-year Olympic sponsorship deal and its first global campaign to lay out its vision of mobility for the world.
Dan Ammann helped General Motors through bankruptcy as a Wall Street banker. As GM's president, he's helping to prepare the automaker for unprecedented technological change.
For the second year in a row, Subaru of America's year-end marketing event doesn't include its vehicles.
Automakers have worked off a yearlong surplus of inventory and enter the busy December selling season with stocks slightly below normal for this time of year.
Trying to figure out who is in the lead takes patience and math skills.
As if plotting to challenge Ferrari in the midengine supercar arena wasn't difficult enough, Aston Martin also is brainstorming how best to break the stranglehold Rolls-Royce and Bentley have on the ultraluxury sedan market.
The last Oldsmobile to come off the line is headed for the auction lane.
Automotive News recognized winners of its 2017 All-Stars awards and honorees from previous years during a dinner at the Detroit Zoo last week.
Mercedes-Benz will take its third-straight U.S. luxury sales crown in 2017. So why isn't Lexus in the running?