Economy

BILL LIA: Keep stores modern

12:01 am U.S. ET | Oct. 20, 2014
"People keep asking us for our store designs," says Bill Lia, the 78-year-old CEO of Lia Auto Group in Albany, N.Y., which just finished building its 19th dealership. "We want to keep everything modern and up to date."...
Read More »

 

Timeline: Regrowing pains

12:01 am U.S. ET | Oct. 20, 2014
A look back at the events of August, September and October, 2009...
Read More »

 

FIVE YEARS LATER

GM's loss, Hyundai's gain

12:01 am U.S. ET | Oct. 20, 2014
Stores targeted for closure by one troubled brand were snapped up by a rising brand....
Read More »

 

EDITORIAL

A long, painful trip

12:01 am U.S. ET | Oct. 20, 2014
U.S. auto dealers have been on a difficult, painful journey for the past five years. But it has been a positive one -- at least in the aggregate. That qualifier is important....
Read More »

 

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....
Read More »

 

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....
Read More »

 

Russian market in free fall as Ukraine crisis curbs demand

Oct. 9, 2014 11:53 CET
Russia's auto market is in free fall with new-car sales plunging by 20 percent last month following a 26 percent drop in August as buyers worried about the country's sanctions-hit economy avoid large purchases....
Read More »

 

SEPTEMBER U.S. AUTO SALES

GM, Nissan, Chrysler gains propel market to 9% increase

8:00 am U.S. ET | Oct. 1, 2014
U.S. light-vehicle sales -- paced by truck-fueled gains at GM, Chrysler Group and Nissan Group -- rose 9 percent in a September marked by sharp brand advances and a few steep declines. The industry-wide results were just below forecasts and cooler than the scorching rate of sales set in August. Still, they reflect a market coasting toward its fifth straight year of recovery following the 2007-09 recession. The SAAR has topped 16 million for 6 straight months....
Read More »

 

Ford to cut Fiesta output in Germany

Sept. 19, 2014 10:47 CET
Ford said it will cut production of its Fiesta subcompact at its plant in Cologne, Germany, in the fourth quarter because of slowing demand in some of the region's key markets....
Read More »

 

Russia car sales fall 26% in August as Ukraine crisis hits confidence

Sept. 8, 2014 15:05 CET
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW India boss outlines turnaround plan

Sept. 1, 2014 06:15 CET
VW India boss Mahesh Kodumudi explains to Automotive News Europe what measures the automaker is taking to reverse its slide in the key market....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

How India went from boom to bust

Sept. 1, 2014 06:15 CET
After a period of rapid expansion, India's car market entered a slump indirectly triggered by the U.S. Federal Reserve's announcement that it would start to gradually phase out its ultra-loose monetary policy....
Read More »

 

Dutch car sales likely to fall to 45-year low, industry group says

Aug. 19, 2014 13:36 CET
Dutch car sales will likely fall to their lowest level since 1969 this year as sluggish economic recovery and weak consumer confidence hit demand, automotive industry consultancy group Aumacon says....
Read More »

 

China's Brilliance mulls Italy car plant, prime minister says

Aug. 14, 2014 22:13 CET
Italian Prime Minister Matteo Renzi said that Chinese carmaker Brilliance China Automotive had expressed an interest in opening a plant in Italy. Renzi is trying to encourage foreign investment in Italy, which has fallen back into recession....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Europe's slump creates new opportunities at the top

Aug. 13, 2014 06:01 CET
Europe's car sales slump took its toll on the executive ranks at automakers active in the region. Just 13 of the 37 executives who topped their organizational charts before the crisis are still there....
Read More »

 

Europe group questions China antitrust probes

Aug. 13, 2014 13:25 CET
The European Union Chamber of Commerce in China on Wednesday expressed concern over a recent series of antitrust investigations, saying China was using strong-arm tactics and appeared to be unfairly targeting foreign firms....
Read More »

 

Trouble looms as industry zooms

12:01 am U.S. ET | Aug. 11, 2014
As U.S. auto sales and output roar back to levels many in the industry feared they would never see again, leading industry economists and forecasters have a warning: Dark clouds are on the horizon....
Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Auto sales suffer when young adults work only part-time, economist says

3:25 pm U.S. ET | Aug. 5, 2014
New-vehicle sales are climbing steadily, but they are still depressed by a lack of full-time jobs for young adults, an economist said....
Read More »

 

2014 MANAGEMENT BRIEFING SEMINARS

Auto sales would be higher in 'normal' recovery, researcher says

12:24 pm U.S. ET | Aug. 5, 2014
If this were a normal recovery, the auto industry should be selling a lot more cars than it is this year, says an economist. But this is no normal recovery, said Itay Michaeli, director of Citi Investment Research and Analysis....
Read More »

 

Russian car sales sink most in 4 years on ruble weakness

July 10, 2014 12:29 CET
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble curbed demand. Automakers sold 199,398 vehicles last month, down 17 percent from a year earlier....
Read More »

 

Average U.S. fuel economy 25.5 mpg in June

1:38 pm U.S. ET | July 7, 2014
Average fuel economy for new vehicles sold in the United States remained above 25 mpg for the fifth straight month in June, researchers at the University of Michigan said....
Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

European plant capacity usage improves, but breakeven still years away

June 10, 2014 06:01 CET
Capacity utilization at Europe's vehicle plants should reach 70 percent this year. A return to the 2007 high of 85 percent is not expected until 2020 – if ever – forecasters say....
Read More »

 

European car sales lackluster in May

June 4, 2014 08:49 CET
New-car registrations across Europe were generally lackluster in May after a rebound in the first few months of the year, although sales in Germany and Spain rose due to incentives and subsidies....
Read More »

 

EDITORIAL

No margin for error

12:01 am U.S. ET | June 2, 2014
Even with the industry on a roll, dealers must keep working to control costs and protect their profitability....
Read More »

 

Toyota named most valuable car brand

May 21, 2014 06:15 CET
Toyota defended its title as the world's most valuable car brand. BMW was No. 2 while Ford made the biggest improvement, leaping past VW brand and Nissan into the top five, according to a study....
Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
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
     
News by Brand


Rocket Fuel