Retail

NICK BUNKLEY

How the 'Chevy Guy' became, you know, a hit and stuff

10:51 am U.S. ET | Oct. 30, 2014
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.”...
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BMW, others bet on Brazil but benefits trail Mexico

Oct. 30, 2014 16:18 CET
BMW is among a clutch 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 car-manufacturing hub....
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Lithia's Q3 net rises 11% on 21% revenue gain

9:08 am U.S. ET | Oct. 30, 2014
Lithia Motors today said its third-quarter net income increased 11 percent to $34.5 million, as revenue rose 21 percent to $1.30 billion, on double-digit revenue increases in all areas of operations....
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Maserati beats Ferrari in Q3 profit on Montezemolo exit

Oct. 29, 2014 18:22 CET
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....
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Penske Automotive eyes more growth overseas, retail truck stores

10:04 am U.S. ET | Oct. 29, 2014
Penske Automotive wants to grow by snapping up more car dealerships overseas and buying other businesses, such as heavy-duty retail truck stores. Penske said today it agreed to raise its stake in The Around The Clock Freightliner Group, a “heavy-duty retail truck dealership group” in Texas, Oklahoma and New Mexico. Penske said such businesses are attractive because they provide strong revenue with lower costs....
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Ford's Fields lunch auction draws top bid of $50,000 -- so far

3:57 pm U.S. ET | Oct. 29, 2014
The price to have lunch with Mark Fields? At least $50,000. The online auction featured on Charitybuzz, which raises money for nonprofits with celebrities and brands, opened October 15 and closes at 3 pm EDT on Thursday....
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Mitsubishi's net rises 8 percent as U.S. sales soar

3:28 pm U.S. ET | Oct. 29, 2014
Mitsubishi Motors said net income rose 8 percent in the latest quarter, aided by results in North America....
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Edmunds.com buys startup, plans to offer texting services to dealerships

12:09 pm U.S. ET | Oct. 29, 2014
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....
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Fiat Chrysler's growth plans clouded by Brazilian outlook

Oct. 29, 2014 11:52 CET
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....
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VW closes sales gap with Toyota in race for No. 1

Oct. 29, 2014 11:56 CET
VW Group has narrowed its global sales gap with market leader Toyota as the world's two largest automakers enter the fourth quarter in a tight race for the industry's top spot. VW Group trailed Toyota by 72,000 vehicles after nine months....
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Car dealer Lookers to beat expectations

Oct. 29, 2014 10:55 CET
Britain's fourth-largest car dealer group, Lookers, forecast better-than-expected 2014 results on Wednesday after seeing strong new car sales. Lookers said retail new car sales rose 12 percent in the first nine months of the year....
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AutoNation plans December launch of digital storefront

9:41 am U.S. ET | Oct. 28, 2014
AutoNation said it will launch its digital storefront in December in the south Florida market with a new pricing moniker it calls Smart Choice....
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On Twitter, 140 characters = $716 million in car sales

3:21 pm U.S. ET | Oct. 28, 2014
It's a burning question for auto marketers on Twitter: Are our tweets influencing people to buy cars? To tackle this question, the social network released new data today that attempts to show just how much 140 characters are worth....
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AutoNation halts sales of used cars under Takata recalls

12:51 pm U.S. ET | Oct. 28, 2014
AutoNation has stopped selling used vehicles that are subject to the Takata airbag recalls and warnings. The action affects fewer than 400 cars, AutoNation said today....
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JAMIE LaREAU

Why the XC90 can't come soon enough for Volvo dealers

12:24 pm U.S. ET | Oct. 28, 2014
Some Volvo dealers are expecting the brand’s image to blossom this spring with the arrival of its redesigned flagship crossover. And they can’t wait to see what image emerges....
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Q&A

Geely's Horbury takes his auto design cues from a nation's style

12:01 am U.S. ET | Oct. 28, 2014
As a design leader at companies such as Ford and Volvo, Peter Horbury has always been the outsider with great insight, the foreigner able to identify style motifs native to a particular country and put them to good use....
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HANS GREIMEL

New Subaru marketing could foreshadow upmarket push

10:24 am U.S. ET | Oct. 28, 2014
If you liked the quality of Subaru cars before, you're going to love the “new” quality the brand aspires to. That's the marketing meme Subaru is cultivating in Japan under a “New Subaru Quality” push aiming to move its image upmarket....
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Q auto's sales strategy: 1 person, 1 price

12:01 am U.S. ET | Oct. 27, 2014
Casey Coffey said the goal at Q auto -- Asbury Automotive Group Inc.'s new line of used-only dealerships -- is to stock an array of quality used vehicles and make quick, no-hassle sales to consumers. To speed sales, Q auto's strategy calls for product specialists to handle deals from beginning to end....
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Toyota's global sales rise 3% as race with VW tightens

Oct. 27, 2014 12:38 CET
Toyota said worldwide sales climbed 3 percent through September as the carmaker battles VW Group to be the global No. 1. Toyota is benefiting from strong growth in the U.S. while VW Group is getting a big boost from China....
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Tesla offers leasing options for new Model S in U.S.

6:49 am U.S. ET | Oct. 27, 2014
Tesla Motors unveiled a leasing policy for its new Model S with an option for buyers in the United States to return the car within three months of purchase....
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Infotainment glitches haunt automakers in Consumer Reports' reliability survey

12:45 pm U.S. ET | Oct. 27, 2014
Infotainment hiccups nagged the industry in the Consumer Reports 2014 Annual Auto Reliability Survey, while problems with the Q50 caused Infiniti's ranking to plummet....
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Lincoln's McConaughey ads get another parody, this time from SNL

4:10 pm U.S. ET | Oct. 27, 2014
If the success of an ad campaign -- and the brand it touts -- was measured by the number of parodies it generated, Lincoln's moody ads featuring Oscar-winning actor Matthew McConaughey would already be in the advertising Hall of Fame....
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Dodge brothers back in action in new TV spots

12:01 am U.S. ET | Oct. 27, 2014
The last time a Detroit automaker resurrected a dead guy for an ad campaign, the result was widely panned....
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OCTOBER U.S. AUTO SALES

U.S. auto sales projected to rise 6% in Oct. to highest total in a decade

1:35 pm U.S. ET | Oct. 27, 2014
New light-vehicle sales are expected to rise about 6 percent in the United States this month from last October to about 1.27 million vehicles, according to three forecasts. It would be the highest October sales volume since 2004....
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Continental eyes acquisition to reduce dependence on auto unit, report says

Oct. 27, 2014 15:37 CET
Continental is said to be looking for an acquisition in the industrial sector as it seeks to boost its proportion of industrial sales to 40 percent from close to 30 percent now to reduce its dependence on volatile car markets....
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Special Report
Track, tech events draw crowds to Hoffman stores

Track, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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