Penske rolls out online shopping across U.S.Mon, 23, May 2016
Penske Automotive Group's Preferred Purchase online shopping tool will be available on all 115 of its U.S. dealerships' websites by month end.
TALK FROM THE TOP with Alan Batey: GM isn't sweating share lossesMon, 23, May 2016
GM's sliding market share doesn't faze Alan Batey, who says the company is finally focused on profitable growth and brand building, rather than chasing volume through daily rental sales or overproduction.
GM's Batey puts faith in numbersMon, 23, May 2016
Chat with General Motors' Alan Batey, and you'd hardly suspect that GM has given up more market share this year than any major automaker. That's because the North America chief sees plenty of other numbers he likes.
As it turns out, in-store is on par with onlineMon, 23, May 2016
Consultants have warned dealerships that customers' in-store experience has to match the online one and that too often, they don't. A new survey shows that, in fact, they do.
U.S. auto sales to fall 5.7% in May, LMC and Power sayThu, 19, May 2016
The days of lofty year-over-year increases in monthly U.S. auto sales may be reaching an end. Forecasters J.D. Power and LMC Automotive say U.S. deliveries of new light vehicles will slide 5.7 percent in May from the same month a year earlier, in part because of two fewer selling days this year.
U.S. residuals predicted to drop 4.2 percentage points, Black Book saysTue, 17, May 2016
Black Book predicts a drop of 4.2 percentage points in used-vehicle residual values over the next three years. New cars and trucks sold in the U.S. in May and June will retain about 47.8 percent of their sticker prices, down from the current 52 percent value for 3-year-old vehicles.
Full-size pickups depreciating faster (but not much)Mon, 16, May 2016
Prices of used full-size pickups are still high, but their rate of depreciation is quickening, analysts say. They blame the quickening price slide on two factors: a rising supply of used pickups and higher incentives on new pickups.
Sales reverse course, with retail outpacing fleetMon, 16, May 2016
Retail growth drove April's U.S. sales gains, reversing a first-quarter surge in fleet volume.
Car stocks rise in AprilMon, 16, May 2016
Automakers and dealers started May sales with slightly higher than normal supplies as slow-selling passenger cars began to stack up on some dealership lots.
Sales advance 3.5% on fatter deals, truck volume; SAAR rebounds to 17.42MTue, 03, May 2016
Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April, a record for the month. After a lackluster March that disappointed some automakers, April produced solid gains across the industry, with fatter deals and light trucks driving volume higher.
Nissan quarterly operating profit surges 20% on N.A. gainsThu, 12, May 2016
North America powered Nissan to a 20 percent surge in global operating profit in the latest quarter thanks to hot-selling crossovers.
Audi CEO sees new models driving sales despite tough conditionsThu, 12, May 2016
Audi CEO Rupert Stadler said he expects new models to push the automaker's sales to a new record this year despite "extremely challenging" business conditions.