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      Fisker gets a rare second chance to build his own car company
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    • Jaguar is about to undergo its fourth reinvention in five decades as owner Tata Group takes a second crack at shaking up a brand whose glorious past has rarely translated into a profitable present or sustainable future.
      Jaguar Redo, Part IV
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      Chip Shortage
      Jaguar is about to undergo its fourth reinvention in five decades as owner Tata Group takes a second crack at shaking up a brand whose glorious past has rarely translated into a profitable present or sustainable future.
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      Leo Michael Cartoons - Q1 2021
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      Dealers aren't wrong to be wary of EV hype
    • Embrace EV ideas at our doorstep
      New look at Nissan a positive sign
      Buying EV without dealer is just easier
      Dealers are right to worry about EVs
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Chips and microchips
Microchips

GM extends vehicle production cuts due to chip shortage

GM did not disclose the impact on volumes or say which supplier or parts were affected by the chip shortage, but said it intends to recover as much of the lost output as possible.
Mustang Mach-E
Subscription Required
Sales
Ford compensating Mustang Mach-E buyers for delays amid strong demand
The automaker said it would cover the first month's payment of up to $1,000 for some owners and provide more free charging as 4,500 vehicles are being held up by quality checks.
CarMax
Coronavirus
CarMax plans bonuses for 22,000 employees to reward pandemic efforts
The nation's largest used-vehicle retailer said the bonuses were going to more than 80 percent of its employees.
Subscription Required
Dealers
Fuccillo Automotive employee arrested on suspicion of stealing $1 million
Joseph Pompo, who was corporate director of finance, reinsurance and taxation for the dealership group, is accused of forming a reinsurance company using dealership funds without his employers' consent.
Subscription Required
February U.S. Sales
Ford, Toyota, Honda, Hyundai, Subaru post lower volume
U.S. light-vehicle demand fell at Ford, Toyota, Honda, Hyundai, Subaru and Kia in February, matching forecasts for a weaker month, with fewer selling days and severe weather dampening sales, even as the industry slowly recovers from the pandemic. The SAAR remained healthy at 15.9 million.
Stellantis Bloomberg web_0.jpg
Automakers & Suppliers
Stellantis aims to lift Fiat Chrysler margins toward PSA levels
Stellantis said it was targeting an adjusted operating profit margin of 5.5 percent to 7.5 percent this year, assuming no further significant COVID-19 related lockdowns.
Finance & Insurance
CFPB nominee vows to enforce fair lending, scrutinize big data
At his confirmation hearing Tuesday, Democratic Senators pushed Rohit Chopra to revive the CFPB after the Trump administration weakened enforcement and several rules, while Republicans warned the bureau overstepped its authority previously.
Daily Drive Podcast
Volvo's path to becoming an EV-only brand

Volvo Cars North America CEO Anders Gustafsson discusses the brand's plans to phase out internal combustion engine vehicles by 2030 and its strategy for selling BEVs exclusively online.

Industry 4.0
In this issue of Shift: We look at how the industry is riding the digital revolution in making and moving goods.
  • Digitization takes hold
  • Modernizing how EVs are built
  • Big rigs on self-driving path
  • Logistics reimagined with Lidar
  • The main dish on the AV menu
  • More
  • Turn the pages of our digital edition
Brockman
Executives
Brockman tax probe linked to employee lawsuit from 20 years ago, report says
Bob Brockman's brother, Dave Brockman, told The Wall Street Journal that his brother "went out to make something of himself" after growing up in Florida and that the two have not been in close contact for years.
20210112_vroomSuperBowl_3x2.jpg
Retail
Vroom's Q4 net loss widens on expenses amid record online sales
The online used-vehicle retailer also said it acquired CarStory, a Texas automotive retail analytics and digital services company, in January.
Smith
Dealers
Sonic Automotive CEO David Smith indicted on 4 charges; court case moves forward
The procedural action moves Smith's criminal case along in Mecklenburg County Superior Court. Smith's lawyer has said Smith will plead not guilty to the charges.
Executives
KAR Global names Kelly new CEO; Hallett to become executive chairman
Peter Kelly has a long history with KAR. The company credits him for ramping up startup technology to boost KAR's status as a private-label online auction platform.
Volkswagen EVs
Electric vehicles
VW’s electric car stacks up well against Tesla in UBS teardown
The deep dive into the ID.3 found the platform underpinning VW’s EV models will be fully cost competitive with Tesla and boast best-in-class energy density and efficiency.
PM NEWSCAST AutoNews Now
GM extends production cuts

     • Stellantis CEO on chip 'hit'

     • Mach-E buyers compensated

     • JLR's costly quality problems

See all PM Newscasts
AM Newscast
Stellantis wants better margins

     • GM, Toyota keep masks on

     • Honda Feb. sales drop 11% 

     • KAR names next CEO

See all First Shift
Special Video Report
Back to basics: How a Texas group is cutting costs, saving millions

Renegotiating with vendors. Trimming advertising dollars. And cancelling cable TV. Those are some of the cost-cutting strategies Bert Ogden Auto Group is using to help conserve cash amid the pandemic. Along with monthly savings of hundreds of thousands of dollars, the 18-store dealership group in south Texas has also tightened its sales deadlines and set daily limits for spending.

Opinion
Mark Paul
What dealers can do if D.C. power shift affects recalls
Are we in the midst of a fourth industrial revolution?
EV plans and some damn lies
Get the Automotive Views newsletter »
Blogs
Jackie Charniga
How digital retail can be a pain reliever for F&I process
Think like a consumer to improve the dealership experience
The new Stellantis pickup: Schrödinger's Dakota
Fisker gets a rare second chance to build his own car company
Federal credit reporting agency unlikely, AFSA says
Access F&I
CFPB nominee vows to enforce fair lending, scrutinize big data
How digital retail can be a pain reliever for F&I process
Consumers in mortgage forbearance could drop out of auto market
Enforcement likely from new CFPB administration
Get the F&I Report newsletter »
Cars & Concepts
EP8I8489-2 (1).jpg
Jeep to slot new model below Renegade, sources say
Honda continues electric push in Europe with HR-V hybrid
Kia Carnival crosses minivan with SUV style
Mercedes recasts C-Class as sportier S-Class
Best Practices
Acura Columbus owner John Connelly said having a virtual sales manager gives staff flexibility.
For Ohio dealer, virtual sales manager is the real deal
Rapid Recon helps dealers streamline used-car reconditioning
Academy helps Germain retain employees
Taking initiative to fill service need
Sponsored Content Provided By Ally
Navigating the future of automotive retailing »
Best Practice Tips
Shift Mobility Report
The Cruise AV autonomous vehicle, based on the Chevy Bolt
GM-backed Cruise is in talks to buy startup Voyage, report says
Fisker's next wave: A premium people's car
Bidirectional EVs could lend a hand in power crisis
Are we in the midst of a fourth industrial revolution?
Toyota banks on plug-ins as rivals push BEVs
Fixed Ops Journal
Dealerships can boost key fixed absorption metric to survive and thrive
Optimism for the future despite crisis, change
Need service advisers? Fix job title
Service kiosks made for contactless world
Service counter: Service pick-me-up
SK Innovation logo
Suppliers
U.S. will review impact of SK Innovation ruling on Biden green transportation goals

Sen. Raphael Warnock said the ruling "seriously threatens" the viability of SK Innovation's $2.6 billion Georgia plant with 2,600 planned workers, currently under construction.

Marketing
Consumer Reports launches recommendation label program

The consumer research nonprofit organization said one of the main goals is to break through a flood of fake product reviews that circulate online and confuse customers.

The Cruise AV autonomous vehicle, based on the Chevy Bolt
Mobility
GM-backed Cruise is in talks to buy startup Voyage, report says

If an agreement is struck, it would merge Cruise’s engineering and software capabilities with Voyage’s presence in the retirement community market, which is well suited for a driverless taxi business.

Jag E pace.jpg
Subscription Required
Automakers & Suppliers
Jaguar Land Rover quality issues 'cost company 100,000 sales' annually, CEO says

The automaker has long struggled to have the same quality standards as its rivals, CEO Thierry Bollore said.

Lordstown
Subscription Required
Dealers
Ohio lawmaker proposes direct-sales allowance for Lordstown Motors

The legislation, introduced Tuesday, would allow a manufacturer to operate dealerships if it "is a manufacturer of all-electric motor vehicles with corporate headquarters and manufacturing facilities in this state."

GM Masks
Manufacturing
GM, Toyota employees to wear masks in Texas as mandate ends

Toyota, which has its U.S. headquarters and a factory in Texas, said it was looking into the move by Gov. Greg Abbott to roll back the mask mandate, and it doesn't contemplate any immediate changes.

David Hilton
Cars & Concepts
Karma Automotive names David Hilton head of global design

In his role, a new one at the automaker, he will oversee design as the company gears up to launch its first SUV, the battery-electric GX-1.

Microprocessor on a circuit board
Automakers & Suppliers
Texan chipmakers face slow recovery from power crisis as demand rises

Chipmakers now have the power, water and gas they need to operate, but they need time to restart tools and clean the factories, said the head of the Austin Regional Manufacturers Association.

Dana
Subscription Required
Suppliers
Dana acquires electronics and software provider Pi Innovo

The move adds a "strong library" of turnkey EV application software, vehicle level controllers and auxiliary controllers to Dana's business.

Duke Energy is one of the participating utilities.
Infrastructure
Top U.S. utilities collaborate to build electric vehicle charging stations

The initiative comes as President Joe Biden has made boosting electric vehicles a top priority and pledged to build 550,000 new EV charging stations.

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Digital Edition
Automotive News 3-1-21
THIS WEEK'S EDITION
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Shift Magazine
Shift Magazine 3-1-21
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Fixed Ops Journal
Fixed Ops Journal 2-8-21
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2021 Talent Study

A focus on virtual F&IA special report exploring whether automotive companies are considering freelance talent strategies to win the war for talent.

READ THE REPORT
Publishing Partners
Sponsored Content
Unreal build: Automotive 2021 gets a twist

The automotive industry is currently undergoing an exciting period of transformation. While electric cars and autonomous vehicles get the big headlines, there are changes happening across the board--whether it's new digital cockpit technology or a move from car ownership to car subscription.

VIDEO: Cars.com CEO talks state of the industry, dealer innovation

Alex Vetter discusses how personal mobility is better positioned for growth than ever before. He also shares insights into where he sees the retail landscape heading, including the adoption of digital-first solutions.

VIDEO: DealerPolicy Chief Product Officer talks insurance marketplace solutions

Mike Burgiss shares insights into DealerPolicy’s recently released “Automotive Retail & Auto Insurance Trends for 2021” report. He also discusses the evolving consumer path to purchase, including the adoption of new digital auto insurance tools.

5 Steps to modernizing the buyer's journey

Dealership expert offers a millennial-ready, Gen-z-friendly plan for future-prooding your dealership's sales process.

Learn more about the Automotive News Content Studio >
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