Wednesday, July 26, 2017

For GM and Ford, home is where the profits are

For GM and Ford, home is where the profits are http://ift.tt/2vKWFtK America is increasingly where the earnings are for Detroit's biggest automakers. But that's a source of heartburn as U.S. sales stall after seven straight years of growth.

Mercedes showcases its pickup

Mercedes showcases its pickup http://ift.tt/2tYVghh has finally added a pickup to its lineup and people have taken notice.

German conservative calls for phase-out of gasoline and diesel cars

German conservative calls for phase-out of gasoline and diesel cars http://ift.tt/2uYKoE0 should soon start phasing out gasoline and diesel cars, a member of Chancellor Angela Merkel's Christian Democrats said as Britain announced it would ban the sale of fossil-fuel cars starting in 2040.

Tuesday, July 25, 2017

Asbury Automotive exits its used-only operations

Asbury Automotive exits its used-only operations http://ift.tt/2h0fCp8 Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.

Subaru sets modest price hike for '18 Impreza

Subaru sets modest price hike for '18 Impreza http://ift.tt/2uul1JP's fifth-generation Impreza is off to a strong start in the U.S. after a redesign last year, and the automaker isn't changing the starting price much for the 2018 model.

Asbury's Q2 net drops 13% to $32 million

Asbury's Q2 net drops 13% to $32 million http://ift.tt/2uucne9 Automotive's second-quarter net income dropped 13 percent to $31.9 million on lower profit margins per new and used vehicles sold.