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Declining used-vehicle prices bludgeoned second-quarter profits at Hertz and Avis Budget. Here's what they're doing about it.
KAR Auction Services' second-quarter net profile fell 7.4 percent on a debt-restructuring charge, even as revenue grew.
Denso said its net income surged 66 percent in its fiscal first quarter as the supplier's revenue rose 6.6 percent on higher vehicle output in its major markets.
Aisin Seiki's net fell in the quarter ended June 30, compared with the year-earlier period when the supplier's earnings were inflated by a special item.
Vehicle subscription services are emerging as a new slice of the car-sharing market, and industry leaders are still trying to figure out which model will work best.
Major retailers are rethinking the value of glitzy flagship stores. Should automakers follow suit?
Levels of negative equity vary by brand. So do buyers' actions when they discover that they owe more on their trade-in than it's worth, an informal survey found.
Could Amazon decide to buy a dealership group or two to cover all automotive brands? It certainly has the cash.
Two of every five consumers surveyed didn't know whether they could schedule service work online. Of those who knew, only about a third have ever done so.
Penske Automotive Group has raised its dividend by a penny -- again -- to 31 cents a share.
Asbury Automotive has gone outside the auto industry to fill its vacant CFO post.
Higher production volumes lifted Denso and Aisin Seiki to higher profits in the fiscal year just ended despite currency headwinds, the two Japanese parts suppliers said.
Early first-quarter data show that lenders aren't as full-throttle on auto loans as before. It behooves F&I managers to keep close tabs on who's pulling back.
Customers are willing to be flexible about when they come in for service, DealerRater survey finds.
Greenlight Capital's David Einhorn thinks S&P and other ratings agencies are staffed by cretins. I disagree.
Auto retailers Roger Penske and John Elway were among 11 individual recipients of the 2017 Horatio Alger Awards.
Nick Stanutz, head of auto finance at Ohio's Huntington National Bank, offered his views on leasing in this Q&A.
Huntington National Bank wants to grow its auto finance business by going “deeper” in its existing markets after several years of adding new states to its network and by serving F&I managers' needs.
Advertising Age, a sister publication to Automotive News, published its annual “40 Under 40” list of standout individuals. Not one was from the auto industry.
Very few customers say the F&I manager put their interests first. Really?
There were more complaints regarding banks and lenders and telephone and mobile services last year than auto-related complaints, an annual report from the Federal Trade Commission shows.
Keiser University launches its automotive dealership management program this spring on the former Northwood University campus in West Palm Beach, Fla.
More than one-third of car buyers say they didn't know the name of their adviser or tech before they came to the dealership, missing an opportunity to build loyalty.
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