Retail

FIVE YEARS LATER

Auto economists eye troubling signs on horizon

12:01 am U.S. ET | Oct. 20, 2014
Business is booming for auto dealers five years after the national economic crisis, so what could go wrong? Plenty, warns a number of auto industry economists....
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Impala the king of rental cars? No, not that Impala, GM says

12:01 am U.S. ET | Oct. 20, 2014
Since the stylish, redesigned Chevrolet Impala sedan rolled out in the spring of 2013, General Motors executives have been telling anyone who will listen that its days as a rental-lot staple are over. So this headline in The New York Times last week couldn't have gone over well at GM headquarters....
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China's policies are pushing out pickups

12:01 am U.S. ET | Oct. 20, 2014
When Beijing implemented its Road Traffic Law in 2003, it granted city governments the liberty to decide whether to permit pickups to drive in their cities. A loophole in the law allowed traffic regulators in most Chinese cities to simply classify pickups as commercial vehicles and bar them from entering their cities. The practice has stifled pickup sales in China....
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Ford steers C-Max ads away from mpg

12:01 am U.S. ET | Oct. 20, 2014
Since Ford was forced to restate the estimated fuel economy of its C-Max Hybrid -- first in August 2013 and again in June -- the brand's marketers have rethought how to sell their hybrid-only nameplate....
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NAMAD's 2nd film chronicles history for next generation

12:01 am U.S. ET | Oct. 20, 2014
The nation's largest minority dealership group has released the second in what it hopes will be a series of documentaries chronicling the history of minority dealers in the United States. The National Association of Minority Automobile Dealers released Making Tracks II in September, about nine years after the first installment in 2005....
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Pulling the plug: EV battery module exchange put to test

12:01 am U.S. ET | Oct. 20, 2014
A team of engineers at the University of California, San Diego, plans to make a cross-country trip in an electric vehicle -- without plugging the car in once. Instead of going by the traditional plug-and-wait protocol for EVs, the engineers will swap out rechargeable, briefcase-size battery modules on the fly as they travel from San Diego to the coast of South Carolina in less than 60 hours....
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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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JERRY VITZTHUM: Out, in and then back out again

12:01 am U.S. ET | Oct. 20, 2014
Ask former small-town car dealer Jerry Vitzthum whether the auto industry is better or worse today than it was before the national economic crisis, and he shrugs....
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FIVE-YEAR LOOK BACK

Dealers pursued opportunities from the rubble of '09

12:01 am U.S. ET | Oct. 20, 2014
In the five years that have passed since the economic crash of 2009, the auto retailing sector has emerged from the ashes. The transition has been painful. There are fewer car dealers in 2014. Many have been pressed by automakers to invest in new stores. But what was a bitter industry shakeout for some in 2009 has led to better times in auto retailing in 2014 for others....
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Porsche expects to hit U.S. sales goal early

12:01 am U.S. ET | Oct. 20, 2014
Porsche will meet its goal of selling 50,000 vehicles in the U.S. in 2015 -- three years earlier than originally envisioned, says Andre Oosthuizen, the brand's top U.S. marketing executive. "We would foresee 2015 would definitely be the year to surpass that threshold."...
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Renault's China vehicle sales could reach 800,000 a year, Ghosn says

Oct. 18, 2014 06:01 CET
Renault, a latecomer to China, could sell up to 800,000 vehicles annually in the country, CEO Carlos Ghosn said. Renault has a 4 percent market share globally and it is a "reasonable" objective to reproduce this in China, Ghosn said....
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YANG JIAN

Why Audi, BMW and Mercedes dominate China's luxury market

8:25 am U.S. ET | Oct. 17, 2014
Brands such as Cadillac, Lexus and French newcomer DS are trying -- but failing -- to loosen the tight grip German automakers have on China's luxury car market....
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Porsche is first company to hire Vatican's Sistine Chapel

Oct. 17, 2014 11:41 CET
Porsche is the first company to host a corporate event in the Vatican City's Sistine Chapel after Pope Francis allowed the chapel to be rented out for private functions, with the proceeds going to charities working with the poor and homeless....
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Europe's new-car sales rise 6% on price cuts

Oct. 17, 2014 09:19 CET
Car sales in Europe rose 6 percent in September, helped by automakers' price cuts and strong demand in the region's top markets of Germany, the UK and France....
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Repairs on Corvette-swallowing sinkhole to begin in Nov.

2:55 pm U.S. ET | Oct. 17, 2014
Construction to fill the massive sinkhole that in February swallowed eight Corvettes at the National Corvette Museum in Kentucky is scheduled to begin November 10, the museum said....
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Dodge 'Scat Pack' trim revival resurrects 1968 trademark dispute

11:33 am U.S. ET | Oct. 17, 2014
Dodge's attempts to revive its muscle car-era “Scat Pack” trims may have stepped in it in the process. Chrysler Group is being sued by a California aftermarket company for infringing on its nearly 50-year-old “Scat” trademark on the Dodge Challenger and other vehicles....
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Infiniti set to name CP&B as its global advertising agency, report says

1:17 pm U.S. ET | Oct. 17, 2014
Infiniti is set to tap Crispin Porter + Bogusky as its global advertising agency after a drawn-out review, people familiar with the matter told Advertising Age, an affiliate of Automotive News....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Audi seeks to increase TT's market share

Oct. 17, 2014 06:30 CET
Audi expects its new TT to boost its market share even though demand for small sports cars is shrinking. New variants sold alongside the coupe and roadster versions will help maintain the TT's sales momentum....
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Jeep first U.S. brand to crack Top 10 in Japan's Car of Year Award

9:51 am U.S. ET | Oct. 16, 2014
Jeep has made history by becoming the first brand from the United States to crack the top 10 in this country's Car of the Year Award. The honor came down this week for the Jeep Cherokee, which was tapped as one of the 10 Best Cars for 2014-15. It was a first for any American nameplate....
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Ford may join VW in selling plug-in hybrids in Europe

Oct. 16, 2014 06:01 CET
Ford may join rival Volkswagen by introducing plug-in hybrid models in Europe. Ford already sells plug-in versions of its Fusion and C-Max in the U.S., but the company hasn't launched plug-ins in Europe because of low demand....
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Kia scores LeBron James as first 'luxury ambassador'

4:48 pm U.S. ET | Oct. 16, 2014
NBA superstar LeBron James, following his high-visibility return to the Cleveland Cavaliers this season, has signed on with Kia Motors America as its first luxury ambassador....
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Ex-Fiat exec Soave named to marketing post at Federal-Mogul Motorparts

2:22 pm U.S. ET | Oct. 16, 2014
Laura Soave, the ex-Fiat brand chief in the United States who left after the flawed launch of the Fiat 500, has been named chief marketing and communication officer of Federal-Mogul Motorparts....
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RICHARD JOHNSON

Hyundai scrambles for more crossover turf

2:45 pm U.S. ET | Oct. 16, 2014
Hyundai's no longer growing by leaps and bounds in the United States, in part because it's only a bit player in the crossover boom....
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China to punish carmakers that fail to meet fuel economy targets

10:24 am U.S. ET | Oct. 16, 2014
China, taking another step to clean the nation's polluted skies, plans to punish automakers by restricting vehicle output and publicly naming violators if they fail to meet fuel economy rules on light vehicles set for 2015....
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Toyota tests car-sharing in French city

Oct. 16, 2014 10:08 CET
Toyota has launched its first car-sharing service outside Japan in the French city of Grenobles. Consumers can hire EVs using a smart phone app in a scheme that may be expanded to other cities after a three-year trial....
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Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
» Watch the Video
     
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