Recession

BILL LIA: Keep stores modern

12:01 am U.S. ET | Oct. 20, 2014
"People keep asking us for our store designs," says Bill Lia, the 78-year-old CEO of Lia Auto Group in Albany, N.Y., which just finished building its 19th dealership. "We want to keep everything modern and up to date."...
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Timeline: Regrowing pains

12:01 am U.S. ET | Oct. 20, 2014
A look back at the events of August, September and October, 2009...
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FIVE YEARS LATER

GM's loss, Hyundai's gain

12:01 am U.S. ET | Oct. 20, 2014
Stores targeted for closure by one troubled brand were snapped up by a rising brand....
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EDITORIAL

A long, painful trip

12:01 am U.S. ET | Oct. 20, 2014
U.S. auto dealers have been on a difficult, painful journey for the past five years. But it has been a positive one -- at least in the aggregate. That qualifier is important....
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MIKE WOOD: How hard are you willing to work?

12:01 am U.S. ET | Oct. 20, 2014
Long hours and hard work in the past few years turned Mike Wood from a dealership manager into a dealer with four stores. The market has been loaded with acquisition opportunities, he says, provided the buyer is willing to put in the sweat and hustle....
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Ford to cut Fiesta output in Germany

Sept. 19, 2014 10:47 CET
Ford said it will cut production of its Fiesta subcompact at its plant in Cologne, Germany, in the fourth quarter because of slowing demand in some of the region's key markets....
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China's Brilliance mulls Italy car plant, prime minister says

Aug. 14, 2014 22:13 CET
Italian Prime Minister Matteo Renzi said that Chinese carmaker Brilliance China Automotive had expressed an interest in opening a plant in Italy. Renzi is trying to encourage foreign investment in Italy, which has fallen back into recession....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's slump creates new opportunities at the top

Aug. 13, 2014 06:01 CET
Europe's car sales slump took its toll on the executive ranks at automakers active in the region. Just 13 of the 37 executives who topped their organizational charts before the crisis are still there....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European plant capacity usage improves, but breakeven still years away

June 10, 2014 06:01 CET
Capacity utilization at Europe's vehicle plants should reach 70 percent this year. A return to the 2007 high of 85 percent is not expected until 2020 – if ever – forecasters say....
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EDITORIAL

No margin for error

12:01 am U.S. ET | June 2, 2014
Even with the industry on a roll, dealers must keep working to control costs and protect their profitability....
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Toyota named most valuable car brand

May 21, 2014 06:15 CET
Toyota defended its title as the world's most valuable car brand. BMW was No. 2 while Ford made the biggest improvement, leaping past VW brand and Nissan into the top five, according to a study....
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European car market rebound on track, but discounting persists

April 11, 2014 06:01 CET
Western Europe's 7 percent first-quarter rise in new-car sales has some market watchers adjusting their full-year forecasts upward, but economic risks remain and profit-robbing car discounting continues....
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2009 Timeline: March massacre

12:01 am U.S. ET | March 31, 2014
A timeline of the events that made up the industry collapse...
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Recession's lessons boost used-car sales

12:01 am U.S. ET | March 24, 2014
Mike Cimino, vice president of Phil Long Dealerships in Colorado Springs, Colo., says his group has made a lot of changes in the way it runs its used-vehicle department in recent years....
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Help wanted: Industry restocks for recovery

12:01 am U.S. ET | March 17, 2014
Showing increasing confidence in the pace and durability of the recovery, automakers are spending to restock depleted departments in core areas, such as sales, marketing, distribution, product planning and administration....
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JENNIFER CLARK

Ferrari bets big on Europe's rebound

1:35 pm U.S. ET | March 14, 2014
Ferrari's decision to open a theme park in Spain rather than China or another growing market is a big bet that Europe's slump is really over....
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Valeo second-half earnings rise 16% on strong China, U.S. demand

Feb. 21, 2014 09:43 CET
Valeo said second-half earnings rose 16 percent as demand for cars increased in China and North America and the European vehicle market improved....
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Growth of 2% forecast for Europe car market

Jan. 28, 2014 17:04 CET
Europe's car market will probably expand 2 percent this year as demand recovers, ACEA said....
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December's rising incentives could signal dangers ahead

12:01 am U.S. ET | Jan. 12, 2014
As auto sales return to pre-recession levels, some of the industry's old incentive games may be creeping back, too....
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This time, 16 million sales forecast is on merit

12:01 am U.S. ET | Dec. 28, 2013
New U.S. light-vehicle sales are widely expected to surpass 16 million in 2014 for the first time since 2007, the culmination of a long recovery from the disastrous recession....
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Fiat says Italian plants strategy is showing 'positive' results

Dec. 20, 2013 16:42 CET
The first results of Fiat's move to use its plants in Italy to focus on higher-margin brands and build vehicles for export are encouraging, Fiat Chairman John Elkann and CEO Sergio Marchionne said....
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European car sales rise as VW, Renault make Nov. gains

Dec. 17, 2013 08:34 CET
European new-car sales rose a third consecutive month in November, the longest period of gains in four years, as demand for autos from VW and Renault contributed to signs that an industrywide decline is ending....
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Europe car sales up for 3rd month in row, area 'slowly stabilizing'

2:34 am U.S. ET | Dec. 17, 2013
European new-car sales rose a third consecutive month in November, the longest period of gains in four years, as demand for autos from Volkswagen and Renault contributed to signs that an industrywide decline is ending....
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5 YEARS LATER

2008 Timeline: Dark December

12:01 am U.S. ET | Dec. 16, 2013
A 2008 December calendar full of deadlines and disappointments....
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5 YEARS LATER

From 'lifeline' to 'worst' fear: How the rescue was viewed

12:01 am U.S. ET | Dec. 15, 2013
The U.S. Treasury Department's sale last week of its final shares of GM stock hasn't erased controversy over the bailout that gave Treasury a stake in the nation's biggest automaker. As reader comments on Web stories about the sell-off show, the bailout remains a sore point with some Americans....
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