Brexit may cost carmakers 2.8 million global sales, IHS saysWed, 29, Jun 2016
The UK's vote to leave the EU may cost automakers about 2.8 million light-vehicle sales worldwide through 2018, researcher IHS Automotive said. The UK is expected to be hit hardest. Instead of expanding 3.2 percent this year, the UK may grow by just 1 percent followed by declines in the next two years.
U.S. June sales expected to rise, but slower demand, higher incentives concern analystsMon, 27, Jun 2016
Halfway through 2016, U.S. new-vehicle sales remain on pace to set a second consecutive annual record, but analysts say they're concerned about slowing retail demand and rising incentives. June sales are expected to rise about 5 percent from a year ago, according to analysts at TrueCar, LMC Automotive and Kelley Blue Book.
These guys want your used-vehicle sales, profitsMon, 27, Jun 2016
Beepi. Shift. Carvana. Vroom. Don't let the clever names fool you. These tech start-ups aim to take a bite out of the used-vehicle retail industry's lunch.
Penske, Group 1 assess the damageMon, 27, Jun 2016
Penske Automotive and Group 1 Automotive took an immediate stock-price hit in the wake of Britain's vote to exit the European Union. Earnings will suffer from a collapsing British pound. But the longer-term impact remains unclear.
Video marketing targets in-store customersMon, 27, Jun 2016
Zamora Automotive Group's Honda of Superstition Springs uses customized programming delivered to 24 screens throughout the dealership to get its marketing messages to customers in the store.
CarMax quarterly earnings slide 3.6% despite revenue gainTue, 21, Jun 2016
CarMax's latest quarterly earnings slid 3.6 percent, dragged down by expenses related to store openings, share-based compensation and hail damage to vehicles at the company's stores in Texas.
VW brand sales stable as Europe, China demand offsets drops in U.S., BrazilFri, 17, Jun 2016
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting declines in the Americas.
Used, new small-car prices tumbleMon, 20, Jun 2016
After years of new-vehicle lease growth, a surge in the flow of off-lease vehicles has started. It's already depressing prices of small cars -- used and new -- that consumers don't want anyway. Automakers are taking steps to cope.
Germany needs emissions-free car fleet by 2030, official saysTue, 14, Jun 2016
All new cars registered in Germany need to be emissions free by 2030 at the latest to help meet pollution reduction goals, a deputy minister in Angela Merkel's government has said.
Non-BMW dealers can buy off-lease vehicles from BMW FinancialMon, 13, Jun 2016
BMW Financial, assisted by Cox Automotive, is making its off-lease vehicles available to non-BMW dealers. The move comes in anticipation of many years of growth in the number of off-lease vehicles.
Brace for change, BMW's sales chief warnsMon, 13, Jun 2016
BMW sales and marketing chief Ian Robertson warned that the marketplace for transportation is evolving at a far faster pace than only recently believed by the car industry, likening incumbent automakers to frogs in a pot slowly cooking to a boil.
IHS: U.S. to lead in self-driving car salesMon, 13, Jun 2016
The United States is expected to lead the way to cumulative global sales of 76 million fully and semiautonomous vehicles by 2035, IHS Automotive forecasts.