Retail

Audi will replace its China chief amid sales decline

July 22, 2015 13:27 CET

Audi will replace the head of its Chinese operations, Dietmar Voggenreiter, as the carmaker grapples with an accelerating sales decline in its No. 1 market....
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Lithia prepares for next acquisition

1:41 pm U.S. ET | July 22, 2015

Lithia Motors expects its DCH Auto Group division to acquire more stores in a major coastal market in the next few months....
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Lithia's Q2 net jumps 34% on DCH purchase

9:19 am U.S. ET | July 22, 2015

Lithia Motors' second-quarter profit and revenue soared, largely because of its acquisition last year of DCH Auto Group along with improving new- and used-vehicle sales volumes....
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High-performance Cadillacs roar into Japan

7:23 am U.S. ET | July 21, 2015

GM is introducing two high-performance V-Series Cadillac nameplates in Japan that outspoken presidential hopeful Donald Trump famously blasted as closed to Detroit automakers....
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Opel aims Astra at 'user-chooser' company car drivers to boost profit

July 21, 2015 06:01 CET

Opel will target its new Astra at so-called "user-chooser" company car drivers in a bid to lift sales of the key model as it seeks to return to profitability. Corporate sales are growing in the brand's German home market....
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Asbury Q2 net rises 14% on broad revenue gains

10:59 am U.S. ET | July 21, 2015

Asbury Automotive Group Inc.’s net income increased 14 percent in the second quarter to $41.1 million....
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Bugatti names former Bentley, Ferrari exec as marketing boss

July 21, 2015 06:01 CET

Bugatti named Oliver Winkes as its new marketing chief. The VW Group veteran who started his career with Ferrari will be responsible for the supercar marque's marketing activities....
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Fiat Chrysler and Guangzhou Auto plan joint venture for sales in China

July 21, 2015 10:41 CET

Fiat Chrysler and Guangzhou Automobile will create a joint venture to integrate sales and marketing for the Fiat, Chrysler and Jeep brands in China. Fiat Chrysler aims to sell 850,000 locally built and imported vehicles annually in China in 2018, up from fewer than 195,000 in 2014....
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Faurecia explores sale of bumpers unit, report says

July 21, 2015 10:26 CET

Faurecia is exploring a sale of its bumpers business, sources said, as the supplier seeks to free up resources to fund expansion in China. The unit may fetch as much as $450 million, the sources said...
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Ad agency's viral-video goal: Surprise, create buzz

12:01 am U.S. ET | July 20, 2015

Using the Car Lister auto-buying service is as easy as lifting the front wheels of a Ford Escape taxi off the ground. At least that's what the pranksters at ad agency Thinkmodo would like you to believe in a recent video....
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Private tracks best venue to test self-driving cars, key U.S. senator says

3:16 pm U.S. ET | July 20, 2015

Self-driving cars would be "better" tested on private test tracks than on public roads, said a U.S. senator who has authored several bills on advanced vehicle technologies, after Google disclosed injuries in its latest accident involving a prototype....
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Sonic Automotive's Q2 net drops 45%

11:45 am U.S. ET | July 20, 2015

Sonic Automotive's adjusted net income fell 45 percent in the second quarter, partly because of rising expenses related to the launch of the retailer's EchoPark standalone used-car stores, the company said today. New-vehicle sales and revenue also fell....
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Renault mulls Iran launch for Kwid crossover

July 20, 2015 17:28 CET

Renault may sell its new Indian-built Kwid crossover in Iran in a bid to freshen its model lineup as it prepares to return to the market following a deal to lift economic sanctions....
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Audi will give aid to China dealers, report says

July 20, 2015 11:19 CET

Audi will provide 1.2 billion yuan ($193 million) in financial aid to its dealers in China, according to sources, as demand for luxury vehicles slows in its largest market. Audi's China sales slipped 5.8 percent last month....
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BEST PRACTICES

Building a brand in the service department

12:01 am U.S. ET | July 20, 2015

A few years ago, Adam Silverleib found his family's Honda store facing a problem no dealer wants to confront: Not one but two new Honda dealerships were going to open within 15 miles of his Raynham, Mass., location. "So we had to take a new approach and create something that gives people a reason to come to Silko." That something turned out to be an offering called SilkoCare....
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Dealers will pay up for vendors' data access after CDK switch

12:01 am U.S. ET | July 20, 2015

CDK Global is copying the vendor-certification program of rival Reynolds and Reynolds, portending big monthly cost increases to dealers for data security....
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Dealers

12:01 am U.S. ET | July 20, 2015

Dealers featured this week include Walter Kienle, of Walter’s Automotive in Riverside, Calif.; and Tracy Farmer, of Oxmoor Toyota in Louisville, Ky....
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Mixed results for minority dealer programs

12:01 am U.S. ET | July 20, 2015

As Ford's Kevin Cour and other automaker executives updated NAMAD on the state of their minority dealer programs, it became increasingly clear that those programs vary widely in their scope and effectiveness....
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Town uses tax funds to spur car sales

12:01 am U.S. ET | July 20, 2015

The Shop Libertyville Rewards program gives consumers up to $200 in gift certificates when they buy or lease new vehicles from any dealership in Libertyville....
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Subaru stacks up aces across its lucky 7 years

12:01 am U.S. ET | July 20, 2015

It's true, we look for any excuse to marvel over Subaru's seven years of good luck, the sales surge that began in 2009 for the Japanese brand. Our pretext this time? Hey, it's the midway point in 2015, and Subaru is still soaring - up 15 percent in a market that increased just 4.4 percent....
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LETTER TO THE EDITOR FROM SCOTT PAINTER

TrueCar does not misuse dealer data

12:01 am U.S. ET | July 20, 2015

Some media reports have raised concerns about how TrueCar uses data. The truth is TrueCar has requested the same data from our dealer partners for 10 years. We have never sold the data. We do not use the data for marketing. Suggestions that TrueCar may misuse data are untrue and misleading....
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EDITORIAL

All states must get on board to close title-washing spigot

12:01 am U.S. ET | July 20, 2015

A critical tool in preventing vehicle title-washing fraud can't work as intended because some states don't participate. States should link into the federal vehicle title-checking system to protect motorists' lives and pocketbooks....
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Buick revives the overnight test drive

12:01 am U.S. ET | July 19, 2015

Buick is offering customers the chance to take test-drive vehicles home overnight, a move it calls a long-term brand-building effort rather than a quick-hit sales promotion....
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Automakers vie for pole position in Iran

July 18, 2015 06:01 CET

Carmakers are racing for Iran following the country's breakthrough nuclear deal with Western powers - pitting past market leader PSA/Peugeot-Citroen against challengers including Volkswagen and Renault....
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Tesla Model S option offers 'Ludicrous' 0-to-60 time of 2.8 seconds

3:04 pm U.S. ET | July 17, 2015

Tesla Motors, channeling a moment from the Mel Brooks comedy “Spaceballs,” announced a $10,000 option on its newest Model S variant that runs zero to 60 in a face-stretching 2.8 seconds -- a feature Tesla calls "Ludicrous Mode." That compares with 3.2 seconds for the "Insane Mode" setting on its previous high-end model....
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