Cadillac offering buyouts to 400 smaller U.S. dealersFri, 23, Sep 2016
Cadillac is offering its 400 smallest U.S. dealers as much as $180,000 if they would rather give up their franchise than make the investment necessary to meet a host of new standards being imposed by the brand.
Honda projects declining U.S. auto sales to 'good industry' paceFri, 23, Sep 2016
Auto sales in the U.S. may not set a record this year and will probably decline from 2015's record in the coming years, said Honda's top American sales executive.
Volvo names new electrics, electronics bossFri, 23, Sep 2016
Volvo has appointed Oedgaerd Andersson as its head of electrics, electronics and chassis as the automaker embarks on ambitious plans to add self-driving and full-electric vehicles to its lineup.
CarMax quarterly earnings fall 5.7%Wed, 21, Sep 2016
CarMax's quarterly earnings dropped 5.7 percent, as customer demand leaned toward older, less expensive used vehicles, the retailer said. It also said a test to deliver used vehicles to customers' homes rolled into Charlotte, N.C.
Shift Finance targets dealerships, private salesWed, 21, Sep 2016
Captive lender Shift Finance, and its parent, peer-to-peer used-car marketplace Shift Technologies Inc., have high ambitions.
Will prime buyers dent service plans?Wed, 21, Sep 2016
Consumers' trend toward used cars, especially certified pre-owned, could eventually slow the growth in sales of extended service contracts.
Online used-car retailer Vroom gets $50 million in new fundingTue, 20, Sep 2016
Online used-car retailer Vroom raised $50 million in a funding round from existing and new investors, bringing the total funding to $218 million.
Hyundai's great leap forwardMon, 19, Sep 2016
After pressing pause on years of breakneck expansion to nail quality, restock the product pipeline and streamline production, Hyundai is on the offensive again.
After disaster, expect peak sales in 60-120 daysSat, 17, Sep 2016
After a major natural disaster, dealerships in the affected area can expect to see vehicle sales stall for 30 days.
Japan industry head says U.S. market was 'overheated'Fri, 16, Sep 2016
Japan's auto industry is unfazed by the plateauing of the U.S. market, despite nearly across-the-board sales declines in what is for many makers their most important market. The drop in August sales represents a return to normal, but still healthy, volume for a market that was “overheated,” the head of the Japan Automobile Manufacturers Association says.
Cars.com adds VIN scanning to appMon, 19, Sep 2016
Cars.com is making shopping more interactive for consumers perusing dealership lots.
Munoz banks on trucks to lift Nissan shareMon, 19, Sep 2016
Nissan North America Chairman Jose Munoz says Nissan's biggest growth opportunity is on the truck and crossover side.