NADA Convention

AutoNews Now: Clinton lauds Barra move

12:01 am U.S. ET | Jan. 27, 2014
Ex-senator says GM CEO's ascension 'sends a really good signal'; VW U.S. chief vows changes; Volvo marketing boost.... Read More »

 

Mitsubishi opens up on future product

2:40 pm U.S. ET | Jan. 27, 2014
Mitsubishi laid out plans to reinvigorate its hobbled product line with exterior enhancements, additional powertrain options and a possible new mid-sized sedan.... Read More »

 

Midday Newscast from NADA: Cyber matchmakers

11:15 am U.S. ET | Jan. 27, 2014
Dealer-to-dealer marketplaces provide alternative to sending cars to auction; a danger to auto boom; industry's 'test of will.'... Read More »

 

AMY WILSON

Tesla is the latest chapter in factory vs. dealer franchise fights

10:40 am U.S. ET | Jan. 27, 2014
When it comes to Tesla CEO Elon Musk and the franchise system, Connecticut dealer Jeff Aiosa says he's seen this movie before. Manufacturers will keep challenging dealer protection laws, and dealers will keep pushing back.... Read More »

 

Subaru dealers get financial aid to boost fixed-operations capacity

8:37 am U.S. ET | Jan. 27, 2014
Subaru dealers were given preliminary details of the brand's new program to increase fixed-operations capacity at its U.S. dealerships.... Read More »

 

No sure OK for reserve guidelines

12:01 am U.S. ET | Jan. 27, 2014
The National Automobile Dealers Association is going out on a limb by recommending ways for dealerships to ward off discrimination charges from the Consumer Financial Protection Bureau.... Read More »

 

JAMIE LaREAU

FTC ad regulators could 'make an example' of 1 dealer in each state

12:01 pm U.S. ET | Jan. 26, 2014
Colorado car dealers take heed and watch those ads. Leaders of the Colorado Automobile Dealers Association outlined the pressing issues for dealers at CADA's breakfast on Sunday morning in New Orleans at the National Automobile Dealers Association convention.... Read More »

 

VW's Horn hits reset button with U.S. dealers

7:26 pm U.S. ET | Jan. 26, 2014
Michael Horn, the new CEO of Volkswagen Group of America, has a message for VW dealers: We're listening. Horn on Sunday unveiled a broad overhaul of the VW brand's sales and marketing strategy in the United States -- and drew frequent applause from an audience that had arrived somewhat uneasy.... Read More »

 

Honda targets record year, expects 6% gain in U.S. sales

6:49 pm U.S. ET | Jan. 26, 2014
Honda Division is gunning for its best year ever in 2014. At the make meeting on Sunday, Honda told dealers it targets sales in the United States of about 1.44 million vehicles in 2014, up about 6 percent from 2013.... Read More »

 

Cadillac aims for double-digit growth

4:58 pm U.S. ET | Jan. 26, 2014
Cadillac is planning for sales growth of at least 10 percent in the United States this year as it rolls out at least three new or redesigned vehicles, dealers were told at the make meeting.... Read More »

 

Buick extends lease promotion

6:57 pm U.S. ET | Jan. 26, 2014
Buick plans to continue a 24-month promotional lease program that has helped stoke its lease business over the past two years.... Read More »

 

BMW exec wants U.S. dealers to generate higher CSI scores

5:46 pm U.S. ET | Jan. 26, 2014
BMW's North American CEO pressed dealers to produce higher customer satisfaction scores this year and called on them to make commitments to invest in renovating showrooms.... Read More »

 

Volvo shifts marketing message and dollars

10:31 pm U.S. ET | Jan. 26, 2014
Volvo Cars of North America will scale back its TV advertising this year and has yanked the commercials that poke fun at the Germans.... Read More »

 

Ford dealer improvement program tops expectations

11:50 am U.S. ET | Jan. 26, 2014
Last year, Ford told dealers it would offer them as much as $750,000 in matching funds to improve their dealerships. The response since then far exceeded Ford's expectations.... Read More »

 

Chrysler adds 26 minority-owned stores

1:01 pm U.S. ET | Jan. 26, 2014
Chrysler Group gained more than two dozen minority-owned dealerships in 2013 and is poised to challenge Toyota's lead in the percentage of its stores in the United States at least partially owned by racial minorities.... Read More »

 

Q&A: JOSEPH AGRESTA JR., MERCEDES-BENZ DEALER BOARD

Mercedes dealers boost customer service, profitability

2:00 pm U.S. ET | Jan. 26, 2014
Joseph Agresta Jr.Mercedes-Benz is keeping its focus on customer service, and 70 percent of its dealers will be paid a bonus this year through a new margin structure tied to improving the customer experience, said Joseph Agresta Jr., a New Jersey Mercedes-Benz dealer and chairman of the Mercedes-Benz Dealer Board.... Read More »

 

McConnell will focus on CFPB

7:28 pm U.S. ET | Jan. 26, 2014
During his first speech as NADA chairman, Forrest McConnell plans to outline the group's plan for protecting its members from red tape and overreaching factory requirements.... Read More »

 

Quick Question No. 1

6:47 pm U.S. ET | Jan. 26, 2014
What was the best thing you've learned at the convention or seen on the exhibition floor? Did you buy anything?... Read More »

 

JAMES B. TREECE

Test drives beat walk-arounds

10:21 pm U.S. ET | Jan. 26, 2014
A few booths at NADA are hopping. Others are nearly empty. The majority have a good number of representatives of that company speaking with a smaller number of dealers and dealership managers who have stopped by.... Read More »

 

RICHARD JOHNSON

New M&A lingo: 'nontraditionals' and 'family offices'

7:16 pm U.S. ET | Jan. 26, 2014
Tim Lamb of Tim Lamb Group, whose stand was crawling with acquisitive dealers, is beginning to see signs of it. George Chaconas of Performance Brokerage is noticing it, too. These deal makers are starting to hear from "nontraditional" dealership buyers.... Read More »

 

Party time

8:11 pm U.S. ET | Jan. 26, 2014
From left, Lucky Britton, Marshall Hebert and Mark Hebert of Hebert's Town & Country in Shreveport, La., chat with Freda Bane-Prastitis, director of Chrysler Group's MarketCenter Operations, and Al Gardner, Chrysler brand chief, at the Chrysler reception.... Read More »

 

Mercedes plans new round of dealership employee training

3:48 pm U.S. ET | Jan. 26, 2014
Mercedes-Benz USA is launching a new round of training for dealers and their employees this year, continuing the focus on customer service, dealers and company executives said.... Read More »

 

Mini dealers get launch plans

7:26 pm U.S. ET | Jan. 26, 2014
Mini dealers got early details at their make meeting about the brand's plans for the spring launch of the 2014 Cooper Hardtop, a larger and more luxurious model than Mini now offers.... Read More »

 

GM added 21 minority-owned dealerships last year

7:24 pm U.S. ET | Jan. 26, 2014
General Motors awarded dealerships to 21 minority members in 2013 and set a goal to add 25 this year, said Eric Peterson, GM's U.S. vice president of diversity dealer relations.... Read More »

 

GM execs tell dealers Chevy can gain U.S. share in pickups

7:15 pm U.S. ET | Jan. 26, 2014
General Motors executives say Chevrolet can take market share from Ford in the pickup market despite the planned introduction late this year of a redesigned F-150.... Read More »

 

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