NADANADA, automakers reach out with aid for tornado victims 7:23 pm U.S. ET | May 21, 2013 The National Automobile Dealers Association and several automakers are reaching out with assistance to dealers and victims affected by Monday's tornado in Oklahoma.... Read More »
James Lawrence, NADA Used Car Guide publisher, dies 5:15 pm U.S. ET | May 14, 2013 James Lawrence, former publisher of NADA Used Car Guide, died May 6. He was 90.... Read More »
AMY WILSON Dislike dealer franchise laws? There's a White House sign-up sheet 12:01 am U.S. ET | April 21, 2013  Just a day after Monday's Automotive News report that Tesla Motors CEO Elon Musk will consider federal options in his fight with dealers over his factory-store sales model, a petition popped up on a White House Web site urging the Obama administration to overturn state franchise laws.... Read More »
Tesla's Musk: I'll take store fight federal 12:01 am U.S. ET | April 15, 2013  If Tesla Motors CEO Elon Musk can't win against dealers at the state level, he will make a federal case of his bid to sell electric vehicles directly to the public through factory stores.... Read More »
JAMIE LaREAU Worried about the CFPB? Stay calm 12:01 am U.S. ET | April 3, 2013  Everyone stay calm. That's David Westcott's message to finance and insurance professionals, even though the chairman of the National Automobile Dealers Association admits he is very concerned.... Read More »
NADA: Dealer profit hits record in 2012 12:01 am U.S. ET | March 25, 2013 Rising new-vehicle sales lifted average dealership pretax profit to a record $843,697 last year, a National Automobile Dealers Association survey shows. The average store's 2012 profit rose 6 percent from the previous record set in 2011.... Read More »
GABE NELSON Why the auto industry isn't scared of the 'sequestration' crisis 5:17 pm U.S. ET | Feb. 28, 2013  If you have watched even a few minutes of television news in the past few days, you are probably well aware the United States is less than a day away from another fiscal crisis. So why isn't the auto industry panicking?... Read More »
Banks may be sued by U.S. for auto lending activities, report says 11:40 am U.S. ET | Feb. 21, 2013 The Consumer Financial Protection Bureau has told at least four banks that it may sue them over vehicle loans and interest-rate markups by auto dealers that appear discriminatory, three people briefed on the matter told Bloomberg.... Read More »
MAKE MEETINGS -- MITSUBISHI Mitsubishi tells dealers it's staying in U.S. 12:01 am U.S. ET | Feb. 18, 2013 Mitsubishi Motors North America executives told a standing-room-only make meeting that the Japanese brand is committed to the United States and will double its marketing budget this year.... Read More »
NADA study: Factories need to back off 12:01 am U.S. ET | Feb. 18, 2013  What will the ideal new-car dealership of 2025 look like and how will it operate? Much different from the dealership of today, according to the National Automobile Dealers Association's phase two facility study.... Read More »
MAKE MEETINGS -- BUICK-GMC Buick, GMC seek 10% sales gains 12:01 am U.S. ET | Feb. 18, 2013  Buick wants to continue driving its lease penetration higher with a zero-down-payment promotion this month, General Motors executives told dealers at the Buick-GMC make meeting.... Read More »
MAKE MEETINGS -- AUDI Audi to pump up U.S. supply of Q5s 12:01 am U.S. ET | Feb. 18, 2013 Audi of America's supply of Q5 crossovers will grow by about 8,000 in 2013, Audi executives told dealers during their make meeting. The move should ease shortages that frustrated dealers and customers last year.... Read More »
MAKE MEETINGS -- KIA The key word at Kia meeting was 'more' 12:01 am U.S. ET | Feb. 18, 2013 Kia told a full house of dealers that more models, more advertising and more sales and service business are headed their way in the coming years.... Read More »
MAKE MEETINGS -- MINI Mini boosts marketing budget 30% 12:01 am U.S. ET | Feb. 18, 2013 The 60 or so dealers at the first Mini make meeting held at a National Automobile Dealers Association convention were told to expect a bigger marketing budget this year and a redesigned Cooper hardtop next year.... Read More »
MAKE MEETINGS -- ACURA Acura: RDX, ILX to fuel 19% gain in retail sales 12:01 am U.S. ET | Feb. 18, 2013 Acura plans a 19 percent increase in new-vehicle retail sales in 2013, dealers were told at the make meeting. The brand is counting on its RDX crossover and ILX entry-level sedan to drive sales this year.... Read More »
MAKE MEETINGS -- CADILLAC Cadillac expects fresh lineup to lift retail sales 35% 12:01 am U.S. ET | Feb. 18, 2013  Cadillac is targeting a retail sales jump of about 35 percent this year and plans a fall rollout of the next-generation CTS sedan, General Motors executives told dealers at the make meeting.... Read More »
MAKE MEETINGS -- MAZDA Mazda6, CX-5 to boost Mazda sales, loyalty 12:01 am U.S. ET | Feb. 18, 2013  Mazda has struggled with customer loyalty for years, but the launch of the redesigned Mazda6 and a full year of CX-5 sales should reverse the trend, executives and dealers said at the make meeting.... Read More »
MAKE MEETINGS -- VOLKSWAGEN VW: Sizzling sales pace to cool 12:01 am U.S. ET | Feb. 18, 2013 Volkswagen brand expects to increase U.S. sales 11 percent in 2013, executives told dealers at the make meeting.... Read More »
MAKE MEETINGS -- VOLVO Volvo revamps margin and bonus structure 12:01 am U.S. ET | Feb. 18, 2013  Volvo is putting a new margin and bonus structure into effect with the launch of 2014 models. The new structure contains variable elements tied to sales performance, customer satisfaction and updated facilities.... Read More »
MAKE MEETINGS -- LINCOLN The upside of MKZ delay: Quality counts 12:01 am U.S. ET | Feb. 18, 2013  Lincoln dealers say they're impressed by the brand's efforts to get the 2013 MKZ's quality right, even though many still have not received the redesigned sedan.... Read More »
MAKE MEETINGS -- SUBARU Subaru: Sales could hit 400,000 in 2013 12:01 am U.S. ET | Feb. 18, 2013 Subaru of America targets 365,000 sales this year, but the total could go as high as 400,000, said COO Tom Doll.... Read More »
MAKE MEETINGS -- NISSAN Sales are up; Nissan keeps game plan 12:01 am U.S. ET | Feb. 18, 2013 After setting a brand sales record in 2012 and two years of record dealer profitability, Nissan urged retailers at its make meeting to stay focused on the strategy of the past three years.... Read More »
MAKE MEETINGS -- PORSCHE Porsche: More cars, happy dealers 12:01 am U.S. ET | Feb. 18, 2013 Porsche executives aim at least to match last year's 21 percent sales growth on the strength of updated products launching in 2013, they told dealers at the make meeting.... Read More »
MAKE MEETINGS -- JAGUAR Jaguar: F-Type, awd will boost sales 12:01 am U.S. ET | Feb. 18, 2013  Jaguar sales will rise this year with the addition of four- and six-cylinder engines, all-wheel drive and the new F-Type roadster, dealers and executives said after the make meeting.... Read More »
MAKE MEETINGS -- INFINITI Infiniti to ease tight supplies of QX56, FX 12:01 am U.S. ET | Feb. 18, 2013 Johan de Nysschen, the executive who left Audi in June to run Infiniti worldwide, couldn't attend the Infiniti make meeting. So he recorded a 10-minute video to tell U.S. dealers that Infiniti has a stream of new products coming through 2020, and that parent company Nissan Motor Co. solidly supports the plan.... Read More »
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Special Report
 Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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