Retail

Ferrari returns to India with California T, new dealers

Aug. 26, 2015 11:40 CET

Ferrari is renewing its Indian market push with two new dealers and the introduction of the California T convertible after terminating earlier dealerships for reasons including dissatisfaction with service levels....
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VW Group July vehicle sales fall 3.7% on weak China, Russia

Aug. 25, 2015 19:30 CET

Volkswagen's group vehicle sales fell 3.7 percent in July, hurt by weak markets in China, Russia and Brazil and falling volume at the core VW brand. Sales at the group, which includes luxury brands Audi, Porsche and Bentley, along with the VW, Skoda and Seat volume marques, dropped to 792,100, VW said....
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EDWARD NIEDERMEYER

China meltdown has burned global carmakers

3:45 pm U.S. ET | Aug. 25, 2015

When a chemical warehouse in Tianjin, China, exploded this month, destroying some 10,000 parked vehicles, cynics suggested that the disaster might actually be for the best, given the massive glut of unsold cars sitting on Chinese lots....
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New car technologies often unused by drivers, J.D. Power finds

1:00 pm U.S. ET | Aug. 25, 2015

A new study from J.D. Power suggests that automakers are investing billions into technologies that a considerable number of drivers aren't using. J.D. Power's first 2015 Driver Interactive Vehicle Experience Report found that at least 20 percent of new-vehicle owners have never used 16 of the 33 technology features measured....
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VW's Seat brand will drop Altea minivan in move to SUVs

Aug. 25, 2015 06:01 CET

Volkswagen Group's Seat unit will discontinue its Altea and Altea XL compact minivans as the brand begins to add a family of SUVs....
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Prius' dramatic redesign comes into focus

12:01 am U.S. ET | Aug. 24, 2015

New spy shots reveal a dramatic front and rear design of the redesigned 2016 Toyota Prius, set to debut in Las Vegas on Sept. 8....
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Edmunds tool speeds price data

12:01 am U.S. ET | Aug. 24, 2015

Edmunds.com has launched a tool that it says will increase the transparency of car-buying....
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Daimler still positive on China business despite stock market rout

Aug. 24, 2015 15:36 CET

Mercedes-Benz owner Daimler is counting on China to be a leading driver of car sales growth this year despite the country's stock market turmoil. The automaker expects vehicle ownership levels to rise and will continue to invest more in compact cars in the market where it has been adding dealerships, Hubertus Troska, head of Daimler China, said....
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Cox working way toward broader role in auto retail

12:01 am U.S. ET | Aug. 24, 2015

Cox Automotive, parent of Autotrader.com, Kelley Blue Book and other well-known brands, wants to cross-pollinate its units' tools. In doing so, Cox, along with other so-called third-party vendors, is seeking to navigate its way to a larger role in auto retailing. But missteps in doing so can easily alienate those vendors' dealer partners, as Cox discovered recently....
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Mercedes won't end Saints stadium pact with new 27-year Falcons deal

2:19 pm U.S. ET | Aug. 24, 2015

Mercedes-Benz doesn't have an option to end its naming rights agreement with the New Orleans Superdome and will now sponsor the stadiums for two NFL teams in the same division....
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Europe sales advance 9% in July as economies rebound

Aug. 24, 2015 06:01 CET

European new-car registrations rose 9.1 percent in July as recession-hit countries such as Portugal and Ireland, along with the major markets of Germany, the UK, France and Italy, performed strongly....
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Market slump casts shadow over how U.S. sales will finish August

2:45 pm U.S. ET | Aug. 24, 2015

Slumping stock markets could make it tough for dealerships to hit their August targets for U.S. new-vehicle sales, rattling consumers who might be on the fence about making a big purchase. The broad declines in U.S. equity markets also pushed shares of General Motors and Ford to 52-week lows Monday before rebounding....
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Why gasoline is both incredibly cheap and absurdly expensive

3:03 pm U.S. ET | Aug. 24, 2015

Filling up with gasoline in the U.S. is the cheapest it’s been in a decade and yet way too expensive....
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Toyota will ban ads below invoice

12:01 am U.S. ET | Aug. 24, 2015

Toyota is preparing to ban dealerships from advertising vehicles at below-invoice prices, in line with a similar policy at Honda. Toyota-brand dealers are giving the plan mixed reviews....
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Despite growth, some dealers grumble

12:01 am U.S. ET | Aug. 24, 2015

NADA's latest dealer attitude survey found Volkswagen, Infiniti and Mini dealers were the most disgruntled, while Lexus, Toyota, Subaru, Audi and Ford dealers were the most upbeat overall....
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Rare mascots are something to crow about

12:01 am U.S. ET | Aug. 24, 2015

Du Pont Motors represented a fairly significant portion of awesome mascots - that's hood ornaments - on the show field at Pebble Beach. There were a handful of rare, coveted Lalique eagles on display, along with one Lalique rooster...
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BEST PRACTICES

Tech-savvy teens help buyers learn how to use car features

12:01 am U.S. ET | Aug. 24, 2015

Teenagers' addiction to their smartphone may be annoying to parents and teachers, but it makes them perfect candidates to work for Quirk Ford. The Massachusetts dealership employs high school students to teach its customers how to use the technology in their vehicles....
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Mobility for Tesla? Musk isn't saying -- or is he?

12:01 am U.S. ET | Aug. 24, 2015

What's behind that eye-popping new share price outlook Morgan Stanley analyst Adam Jonas put on Tesla? Bloomberg reports that the key reason for raising the target to $465 from $280 (the stock closed at $255.25 on Aug. 19) is currently at about $243) is what Jonas calls “Tesla Mobility, an app-based, on-demand mobility service.”...
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Cruise extravaganza is a dream for Dodge

12:01 am U.S. ET | Aug. 24, 2015

When affordable performance rides are your bread and butter, the Dream Cruise is a marketing bonanza, says Dodge boss Tim Kuniskis, whose brand is on a on a big performance kick....
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Getting behind the gap in public, private dealership profits

12:01 am U.S. ET | Aug. 24, 2015

Publicly traded dealership groups' reported first-half profits were much higher than what private dealerships reported to the National Automobile Dealers Association. Here's why....
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25 with Hyundai

Dealers

12:01 am U.S. ET | Aug. 24, 2015

Michael Schmitz, principal owner of Hyundai of Dothan in Dothan, Ala., receives a 25-year award from Dave Zuchowski, CEO of Hyundai Motor America....
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Shelby takes its muscle overseas -- and to the mall

12:01 am U.S. ET | Aug. 24, 2015

Shelby American will take its performance brand to China and other world markets...
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BEST PRACTICES

Connecticut offers EV rebates to jolt sales

12:01 am U.S. ET | Aug. 23, 2015

In May, Connecticut became the first state to offer cash-on-the-hood rebates to customers who buy EVs or plug-in hybrids, such as the Nissan Leaf, Chevrolet Volt or and Ford C-Max Energi....
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AutoNation bets on FCA, smaller markets

12:01 am U.S. ET | Aug. 23, 2015

AutoNation is on pace for its biggest acquisition year since 1999, and CEO Mike Jackson expects to make at least one more dealership purchase this year. Deals announced last week will give AutoNation more Fiat Chrysler stores and more locations in smaller markets....
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Tesla revamps retail stores, adds apparel, gear

12:01 am U.S. ET | Aug. 22, 2015

Tesla Motors is launching a wholesale revamp of its stores worldwide as the electric-car company prepares to introduce the Model X, its first SUV. The effort is largely devoted to telling the Tesla story, critical for a young company selling a product that remains mysterious -- and intimidating -- to most drivers....
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