Retail

RFJ buys Dave Smith Auto

12:01 am U.S. ET | April 25, 2015

Fast-growing dealership group RFJ Auto Partners is expanding in the Northwest by buying Dave Smith Auto Group, which operates two of the highest-volume stores in the U.S. RFJ, backed by private equity, aims ultimately to become one of the biggest dealership groups in the country....
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JAMIE LaREAU

BLOG: Uber might trump the cost of car ownership, but not leasing…yet

12:01 am U.S. ET | April 25, 2015

Most dealers probably don’t lose sleep with worry that Uber, the popular app-based service that pairs private drivers with riders, will usurp car ownership anytime soon despite Uber’s ambitions to make it so....
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Mazda quarterly profits fall on currency losses while sales rise

6:41 am U.S. ET | April 24, 2015

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales....
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Toyota makes noise with Mirai hydrogen fuel cell vehicle

10:18 am U.S. ET | April 24, 2015

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out. And the distinct whirring and intermittent clicking are unique to its hydrogen drivetrain....
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MIKE COLIAS

BLOG: Buick chief says new China duties won't distract from 'a lot more to do' in U.S.

6:00 am U.S. ET | April 24, 2015

In the year since he took over the Buick and GMC brands in the U.S., Duncan Aldred has made a lot of fans among dealers....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Plug-ins poised to be Europe's top electrified drivetrain

April 24, 2015 06:01 CET

Plug-in hybrid cars are forecast to outsell standard hybrids by 2019 and reach 1.2 million sales annually in Europe in 10 years. The rapid rise will come as automakers strive to meet tougher European CO2 rules that start to take effect in 2020....
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Valeo posts quarterly sales gain on Europe, China

April 24, 2015 11:56 CET

Valeo's first-quarter revenue rose 15 percent, lifted by sales growth in Europe and China. The supplier sees vehicle production rising about 3 percent globally in 2015, with the same figure expected in Europe, excluding Russia....
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Haldex first-quarter profit rises 37%

April 24, 2015 11:10 CET

Swedish supplier Haldex said operating profit rose 37 percent in the first quarter to 115 million Swedish crowns (12.2 million euros) as the company repeated its forecast for markets to grow at a slower pace this year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Suzuki sees Vitara as its best-seller in Europe

April 24, 2015 06:01 CET

Suzuki expects the new Vitara to become its best-seller in Europe because of its more mainstream look, roomy interior and better fuel economy....
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Dealerships can gain an edge with Spanish-language marketing

2:10 pm U.S. ET | April 23, 2015

Dealerships willing to advertise and post videos in Spanish face little competition reaching a growing number of Latino car buyers, said Ricky Lopez, Internet director at David Maus Toyota in Sanford, Fla....
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JESSE SNYDER

BLOG: Midsize with a four-banger or large and loaded? How auto insurance affects consumers' buying power

11:32 am U.S. ET | April 23, 2015

Want $7,700 more to spend on a new car? Move from Michigan to Maine before you insure it. That's because U.S. insurance premiums on a new vehicle vary wildly by state, according Insure.com...
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GM gets boost from smaller pickups, but doubters question for how long

10:29 am U.S. ET | April 23, 2015

General Motors' return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models....
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Toyota keeps global sales lead over VW on U.S. demand

April 23, 2015 11:37 CET

Toyota beat Volkswagen and General Motors to remain the world's top-selling automaker during the last quarter despite declining deliveries. Demand for SUVs has helped to boost Toyota's market-share gains in the U.S. during the quarter as Volkswagen continued to struggle in the market....
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Honda will cut European Civic production costs with global platform

April 23, 2015 06:01 CET

Honda will significantly reduce production costs on its next European Civic compact hatchback by basing it on a global platform. Honda will launch its next-generation Civic five-door in Europe in 2017. Like the current car, it will be built at the automaker’s plant in England and will be exported to the U.S. and other markets outside Europe for the first time....
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Tesla to unveil home and utility batteries April 30

6:51 am U.S. ET | April 22, 2015

Tesla Motors Inc. will announce a home battery and a “very large” utility-scale battery on April 30, according to an e-mail sent to investors and analysts....
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Google's 'Mobilegeddon' forces dealerships to get mobile-friendly

3:54 pm U.S. ET | April 22, 2015

If consumer preferences haven't already prompted auto dealerships to operate mobile-friendly websites and digital marketing tools, Google is giving them an extra nudge....
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VINCE BOND JR.

BLOG: Toyota's message to critics who, um, pooh-pooh fuel cells

3:40 pm U.S. ET | April 22, 2015

Tongue planted firmly in cheek, Toyota launched a new campaign today showing how cow pies are a viable source of renewable energy....
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Chinese-owned MG eyes Europe push with new SUV

April 22, 2015 06:01 CET

MG Motor may expand into mainland Europe with the MG GS SUV, which was unveiled at this week's Shanghai auto show. The MG GS will go on sale in the UK next year and will compete against models such as the Nissan Qashqai in the popular compact SUV/crossover segment....
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Autoliv predicts more growth after Q1 revenues rise

April 22, 2015 16:05 CET

Autoliv says it expects higher second-quarter sales growth after producing first-quarter earnings above market expectations on the back of strong sales in Europe and lower overall costs....
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GABE NELSON

BLOG: Why the auto industry should root for Tesla's battery play

3:20 pm U.S. ET | April 22, 2015

Tesla's plan to sell batteries for homes and businesses could create a new market for automakers' battery and hydrogen fuel cell technology....
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Lithia's Q1 net income soars 64% on broad gains, DCH integration

11:03 am U.S. ET | April 22, 2015

Lithia Motors' net income surged 64 percent to $41 million in the first quarter from a year earlier, on strong sales across all divisions and the continued integration of its purchase last year of DCH Auto Group, the dealership group said today....
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BMW is building vehicle distribution center in Texas to serve the South

10:44 am U.S. ET | April 22, 2015

BMW AG said it is building a vehicle distribution center in Texas to serve the Southern US. The facility at the Port of Galveston will serve the 45 BMW and Mini dealers in Texas, Oklahoma, Louisiana and Arkansas....
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Audi sees compact cars driving sales in China

April 22, 2015 11:52 CET

Audi sees compact cars increasingly becoming the main driver of sales in China as the country's booming middle class looks for more affordable luxury....
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NICK BUNKLEY

BLOG: Why Lincoln is ready to toss the alphabet soup

2:44 pm U.S. ET | April 21, 2015

Lincoln's announcement last month that the Continental will replace the MKS signaled the automaker might be rethinking its decision to drop actual names nearly a decade ago. Ford's Joe Hinrichs today acknowledged that the MK monikers can be hard for anyone who's not a Ford executive to keep straight....
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Norway to review EV subsidies as sales soar

April 21, 2015 14:29 CET

Norway is reviewing its subsidies for electric vehicles after generous government incentives made the country the biggest user of EVs in the world, hurting state revenues, the finance ministry said....
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