Retail

Hot August sales shrivel inventories

12:01 am U.S. ET | Sept. 15, 2014
Strong auto sales in August drained dealer lots, pushing U.S. inventories to the lowest level in months....
Read More »

 

Sensor cuts self-driving car costs

12:01 am U.S. ET | Sept. 15, 2014
You can't buy one yet, but the autonomous vehicle just got a little cheaper....
Read More »

 

BEST PRACTICES

Dealerships' tech team offers training for all

12:01 am U.S. ET | Sept. 15, 2014
A few years ago, Ford's quality ratings began to take a hit from consumers who found its MyFord Touch infotainment system less than user-friendly....
Read More »

 

Hertz CEO exits under pressure

12:01 am U.S. ET | Sept. 15, 2014
Hertz CEO Mark Frissora, the former Tenneco chief who has led the rental car giant since 2006, resigned under pressure last week....
Read More »

 

Edmunds pushes dealers toward Price Promise

12:01 am U.S. ET | Sept. 15, 2014
Edmunds.com, a popular car-shopping site, intends to drop dealers unwilling to join a sales program that guarantees vehicle prices to consumers, President Seth Berkowitz said last week....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European automakers reduce company-owned dealerships

Sept. 14, 2014 06:01 CET
Volkswagen, which has Europe's biggest company-owned dealership network, aims, along with other carmakers, to reduce the number of its wholly owned retail outlets....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Pendragon No. 1 in latest ranking of Europe's top independent dealer groups

Sept. 14, 2014 06:01 CET
UK car retailer Pendragon has topped Automotive News Europe's 2014 Guide to Europe's Biggest Dealers for the second consecutive year. The list ranks independent European dealer groups by 2013 revenue using data from auto retail analyst ICDP....
Read More »

 

New Navigator rolls up to challenge Escalade

12:01 am U.S. ET | Sept. 13, 2014
The new Navigator's role is to reclaim a piece of a segment Lincoln pioneered in the 1990s and then ceded to the Cadillac Escalade....
Read More »

 

LINDSAY CHAPPELL

Incentives prop up sedan-heavy strategies

12:01 am U.S. ET | Sept. 13, 2014
Take a look at who's been increasing incentives lately and you will see a larger trend in vehicle strategy for the United States....
Read More »

 

JAMIE LaREAU

Smart dealers can make big bucks through smartphones

2:50 pm U.S. ET | Sept. 12, 2014
Car dealers are sitting on a gold mine: their idle inventories. The tool to turn that goldmine into gold is the smartphone....
Read More »

 

Tesla's $1.3 billion incentive deal with Nevada includes direct sales

6:30 am U.S. ET | Sept. 12, 2014
Nevada Governor Brian Sandoval signed tax breaks worth as much as $1.3 billion and a measure allowing Tesla Motors to sell directly to state residents, the final steps to bring the world's largest lithium-ion battery factory to Reno....
Read More »

 

VW Group deliveries rise 3% in August

Sept. 12, 2014 12:29 CET
VW Group sales rose 3 percent in August as gains in Europe and China continued to offset declines in the U.S. and South America. Eight-month deliveries increase by 6 percent as group brands including Audi and Porsche increased volume....
Read More »

 

Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures....
Read More »

 

Manheim rolls out program that lets dealers return vehicles

12:15 pm U.S. ET | Sept. 11, 2014
Dealers who buy almost any vehicle at a Manheim auction location also can purchase the right to return those vehicles for any reason for up 21 days or 500 miles, whichever comes first. The nation's largest auto auction company is now offering optional protection from DealShield, its sister company, that guarantees the purchaser a 100 percent refund of the purchase price plus buyer's fees if they choose to return the vehicle....
Read More »

 

GM issues 2 recalls, stop-sale orders for 2015 Corvettes

8:58 pm U.S. ET | Sept. 11, 2014
General Motors is issuing two more recalls, both on the 2015 Chevrolet Corvette, according to stop-delivery orders sent to dealers today. The recalls, GM's first in more than a month, bring its total number for the year to 67....
Read More »

 

Fiat's Marchionne sticks to 2014 guidance

Sept. 11, 2014 15:57 CET
Fiat CEO Sergio Marchionne says he sees no reason at present to review the carmaker's 2014 financial guidance despite weakness in Europe and Latin America. After poor second-quarter results from Fiat, analysts were widely expecting a cut in guidance....
Read More »

 

Hertz reaches pact with Icahn to replace 3 directors

4:44 pm U.S. ET | Sept. 11, 2014
Hertz Global Holdings reached an agreement in principle with billionaire investor Carl Icahn to appoint three directors to the board of the rental-car company in place of current members....
Read More »

 

Tesla's Musk named Vanity Fair's top 'disrupter'

3:57 pm U.S. ET | Sept. 11, 2014
Tesla Motors CEO Elon Musk can add another accomplishment to his resume today: Vanity Fair has named him the top disrupter in its New Establishment list of influential players in technology, entertainment, finance and politics....
Read More »

 

AMY WILSON

How two old friends made the AutoNation-Barrier deal happen

11:01 am U.S. ET | Sept. 11, 2014
Jimmy Barrier's decision to sell his Seattle-area luxury-brand dealerships to AutoNation was more than 30 years in the making. That's how far back Barrier goes with AutoNation CEO Mike Jackson....
Read More »

 

BMW's brand sales rise 6% in August on China, U.S. demand

Sept. 11, 2014 09:56 CET
Sales of BMW's core brand increased 6 percent in August, boosted by strong demand in China and the U.S. Eight-month deliveries rose 10 percent, helping the marque to maintain its lead in global premium sales over rival Audi....
Read More »

 

Ad campaign for redesigned Lincoln Navigator starts next month

12:46 pm U.S. ET | Sept. 10, 2014
Next month, Lincoln will kick off its first significant marketing campaign for the Lincoln Navigator since 2007, brand executives said at a press event here....
Read More »

 

Hertz investors want Roger Penske on board, reports say

1:55 pm U.S. ET | Sept. 10, 2014
At least two big Hertz Global Holdings Inc. investors plan to meet this week with its new chairwoman to propose adding industry veteran Roger Penske to the board, people familiar with the plans said....
Read More »

 

AutoNation to buy 4 luxury dealerships in Seattle market

9:15 am U.S. ET | Sept. 10, 2014
AutoNation is expanding its footprint in the Pacific Northwest by buying four luxury-brand dealerships in the Seattle market that generate more than $350 million in annual revenue....
Read More »

 

Nissan taps BMW's Krueger to head Infiniti

9:30 pm U.S. ET | Sept. 9, 2014
Nissan has poached BMW veteran Roland Krueger to head its leaderless Infiniti luxury unit, lending a touch of German flair to a brand struggling to break out of the second tier. Krueger, 48, steps into a brand twice stung by recent defections, first by brand President Johan de Nysschen's departure in July, then by the exit of its chairman, Andy Palmer, last week....
Read More »

 

Dodge Challenger Hellcat dealer ordering begins -- with a catch

8:00 am U.S. ET | Sept. 9, 2014
Dodge will open dealer ordering for its new 707-hp 2015 Dodge Challenger SRT Hellcat today, but the brand is changing its normal allocation methods to make sure the high-powered coupe gets into the hands of waiting enthusiasts....
Read More »

 

 
Most Read
Special Report
Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
» Watch the Video
     
Rocket Fuel