Tuesday, July 31, 2018
Nissan shows off Juke technology
Nissan shows off Juke technology https://ift.tt/2O1uCOW UK shows off some of the technology found in the Juke crossover.
CASE, ACES or SAEV: What will we call electric shared self-driving cars?
CASE, ACES or SAEV: What will we call electric shared self-driving cars? https://ift.tt/2vnWKEu in the auto industry can't seem to agree on what acronym to use when describing a self-driving, electric shared vehicle.
TRAVERSE CITY CONFERENCE: Honeywell hot on turbos in EV age
TRAVERSE CITY CONFERENCE: Honeywell hot on turbos in EV age https://ift.tt/2vvpdbB larger numbers of vehicles using electric motors and driving themselves won't slow the growth of turbochargers, says Craig Balis, chief technology officer of Honeywell Transportation Systems.
Traverse City conference: The 10 auto brands that will be harmed the most by tariffs
Traverse City conference: The 10 auto brands that will be harmed the most by tariffs https://ift.tt/2O0mjD5 10 brands that each import more than 50,000 vehicles a year could be most affected by the Trump Administration's proposed tariffs on vehicles coming into the U.S., according to Joe McCabe, president and CEO of AutoForecast Solutions
Traverse City conference: Crossovers sales under pressure from used-vehicle market
Traverse City conference: Crossovers sales under pressure from used-vehicle market https://ift.tt/2vnJG1U sales show no sign of slowing even in a surging economy, according to Kelley Blue Book. Even hot-selling crossovers are not immune to pressures from the used-car market.
TRAVERSE CITY CONFERENCE: Big tariff costs would drag down sales, analyst says
TRAVERSE CITY CONFERENCE: Big tariff costs would drag down sales, analyst says https://ift.tt/2ApvpHO tariffs on imported vehicles could increase vehicle prices by up to $6,000, says IHS's Michael Robinet.
Predicted cost of tariffs: Big Tariff costs would drag down sales: Robinet
Predicted cost of tariffs: Big Tariff costs would drag down sales: Robinet https://ift.tt/2AtoKfB tariffs on imported vehicles could increase vehicle prices by up to $6,000, says ISH's Michael Robinet.
Panasonic expects Tesla battery production to boost profits this fall
Panasonic expects Tesla battery production to boost profits this fall https://ift.tt/2OxyzMl said it expects its battery business with Tesla to contribute to profit from the second half of its business year, as production of mass-market Model 3 cars picks up pace.
Why Jaguar I-Pace may radically alter perceptions of the automaker
Why Jaguar I-Pace may radically alter perceptions of the automaker https://ift.tt/2NW37qg battery-powered I-Pace coming at the end of the month could be the vehicle that changes everything in the U.S. for Jaguar.
Honda profit climbs 11% on North American sales, cost cutting
Honda profit climbs 11% on North American sales, cost cutting https://ift.tt/2viUtdq reported an 11 percent increase in operating profit in the most recent quarter as rising sales in North America offset foreign exchange rate losses.
BMW drops subscription prices
BMW drops subscription prices https://ift.tt/2AtfIiA said it is offering a new lower-price tier in its vehicle subscription program, which allows members to switch out vehicles for a monthly fee.
Monday, July 30, 2018
U.S. new-car sales on pace to dip, remain flat in July, forecasts show
U.S. new-car sales on pace to dip, remain flat in July, forecasts show https://ift.tt/2M0bKiO. car and light-truck deliveries are projected to be flat or down in July, forecasts from J.D. Power/LMC, Edmunds and Cox Automotive show, with one less day and weekend of sales. It would be only the third monthly year-over-year drop in 2018.
Cities start taxing Ubers -- and that's just the beginning
Cities start taxing Ubers -- and that's just the beginning https://ift.tt/2mZ5VYh to the era of driverless taxis, which promise prices far below current $2-per-mile rate for New York's yellow cabs, and it's a recipe for nonstop gridlock.
Sunday, July 29, 2018
Buick most at risk for GM if Trump implements vehicle tariffs
Buick most at risk for GM if Trump implements vehicle tariffs https://ift.tt/2M0v4wv years after surviving General Motors' bankruptcy restructuring to the surprise of many, Buick once again finds itself in a precarious situation.
Used vehicle sales are making the difference for public dealership groups
Used vehicle sales are making the difference for public dealership groups https://ift.tt/2LOh7oy new-vehicle sales are flattening and margins are tighter, used-vehicle sales are making up the difference.
Retail Forum is Oct. 11 in Chicago
Retail Forum is Oct. 11 in Chicago https://ift.tt/2M0iJZ5 News will host the Retail Forum on Oct. 11 at the Four Seasons Hotel in Chicago.
Reader praises independent used-car auctions
Reader praises independent used-car auctions https://ift.tt/2uVcD5R praises independent used-car auctions.
Sales of certified pre-owned vehicles on the rise in first half of 2018
Sales of certified pre-owned vehicles on the rise in first half of 2018 https://ift.tt/2M0s5nG sales of certified pre-owned vehicles bounced back in the first half, rising 3.3 percent, after a flat performance in 2017.
Waymo, Walmart partnership aims to boost acceptance of self-driving cars
Waymo, Walmart partnership aims to boost acceptance of self-driving cars https://ift.tt/2LRGtlc is expanding its early rider program in Arizona to include self-driving rides for everyday tasks such as grocery shopping and hotel stays, taking the next step in acclimating a wary public to autonomous technology.
Trump auto plan would increase fuel use by 500,000 barrels a day
Trump auto plan would increase fuel use by 500,000 barrels a day https://ift.tt/2Alhxy0 proposal to roll back U.S. auto efficiency requirements contends a preferred plan would cut societal costs by $500 billion through 2029, while increasing fuel consumption by 500,000 barrels daily.
Saturday, July 28, 2018
Nissan's Juke subcompact dropped from U.S. lineup
Nissan's Juke subcompact dropped from U.S. lineup https://ift.tt/2LIoe1I Nissan Juke was intended to be a "polarizing" product, but it was too much so, and has been dropped from the U.S. lineup.
Friday, July 27, 2018
Canadian retailer HGreg.com expands used-vehicle stores in Florida
Canadian retailer HGreg.com expands used-vehicle stores in Florida https://ift.tt/2NSuDox Canadian auto retailer is growing its network of used-vehicle stores in Florida, and expansion into other states could be on the horizon eventually.
Penske, Group 1 also feel profit pinch from BMW, Honda
Penske, Group 1 also feel profit pinch from BMW, Honda https://ift.tt/2AmSVF0 a profit warning by Sonic Automotive Inc., fellow public retailers Penske and Group 1 said this week that they also felt a profit pinch in the second quarter because of incentive changes at BMW and Honda.
Sonic Automotive's record Q2 revenue, gross profit come with caveat
Sonic Automotive's record Q2 revenue, gross profit come with caveat https://ift.tt/2NP8oQ9 pressures at BMW and Honda stores contributed to lower-than-expected second-quarter results at Sonic Automotive, though the retailer set quarterly revenue and gross-profit records.
PSA LCV chief predicts sales boost from refreshed range of midsize vans
PSA LCV chief predicts sales boost from refreshed range of midsize vans https://ift.tt/2LU9Bp1 light commercial vehicle business unit has a European market share of more than 20 percent after the group added Opel in August.
Thursday, July 26, 2018
Ally's used originations, non-GM and Chrysler business grow in Q2
Ally's used originations, non-GM and Chrysler business grow in Q2 https://ift.tt/2v9w0r5 Financial's auto originations rose 12 percent in the second quarter, largely driven by gains in the used-vehicle market. At the same time, the lender's share of non-General Motors and Chrysler originations reached a record high.
How Penske Automotive piled up record results in Q2
How Penske Automotive piled up record results in Q2 https://ift.tt/2uT3udV Automotive Group's second-quarter earnings jumped to a record, driven by same-store profit gains in new vehicles, used vehicles and finance and insurance, plus a bump from foreign exchange.
Veteran auto journalist, reviewer Warren Brown dies
Veteran auto journalist, reviewer Warren Brown dies https://ift.tt/2AdeUyp Brown, who wrote an influential automotive column for The Washington Post, died Thursday at a hospital in Haymarket, Va., from kidney failure, according to friends. He was 70.
Group 1 lifts profits, revenue on used vehicles, U.K. business
Group 1 lifts profits, revenue on used vehicles, U.K. business https://ift.tt/2uRL4uh 1 Automotive's gross profit and revenue climbed in the second quarter, driven primarily by improvements in the used-vehicle business. Operations in the U.K. also helped.
Why Nissan's profits are slipping
Why Nissan's profits are slipping https://ift.tt/2mLQWAQ losses in Nissan's European unit widened to $43 million in the automaker's fiscal first quarter. The company's vehicle sales in the region declined 13 percent.
Why Nissan's profits are slipping
Why Nissan's profits are slipping https://ift.tt/2AbHTCN reported a 29 percent decline in operating profit in the most recent quarter as foreign exchange rate losses and rising commodity costs combine with falling sales in the United States and Europe.
Wednesday, July 25, 2018
Cadillac vehicle subscription head leaving company
Cadillac vehicle subscription head leaving company https://ift.tt/2JRuOhq, an Automotive News Rising Star in 2014, announced her mid-August departure on LinkedIn, saying she doesn't "know what's next" but she's "excited for it."
Lithia posts Q2 gains; shares still slide
Lithia posts Q2 gains; shares still slide https://ift.tt/2JVTzJk profits and revenue are up as the company continues to grow through acquisitions.
Daimler and China's Baidu deepen automated driving alliance
Daimler and China's Baidu deepen automated driving alliance https://ift.tt/2JVHJyR said it will deepen a partnership with China's Baidu on automated driving and vehicle connectivity services.
Could subscription services put FandI product sales at risk?
Could subscription services put FandI product sales at risk? https://ift.tt/2LDpMd6 FandI products fit in the future of subscription may be too soon to predict, but programs such as Ford's Canvas say business runs just fine without them.
Walmart shoppers will soon test Waymo self-driving shuttles in Arizona
Walmart shoppers will soon test Waymo self-driving shuttles in Arizona https://ift.tt/2Oe7f5M said it will begin trials with Walmart and DDR to shuttle passengers in self-driving minivans to their retail stores.
GM outlook darkens as profits fall on steel costs
GM outlook darkens as profits fall on steel costs https://ift.tt/2A9G4pK Motors lowered its earnings forecast for the year following a second-quarter profit decline due indirectly to the Trump administration's tariffs on steel and aluminum.
Daimler and China's Baidu deepen automated driving alliance
Daimler and China's Baidu deepen automated driving alliance https://ift.tt/2Ofhzun said it will deepen a partnership with China's Baidu on automated driving and vehicle connectivity services.
Tuesday, July 24, 2018
Mazda's summer commercial joins our viral list
Mazda's summer commercial joins our viral list https://ift.tt/2OfSK1t ode to summer adventure enters our viral video list at No. 3 this week.
Did Lyft lift a professor's technology?
Did Lyft lift a professor's technology? https://ift.tt/2v3HVGX retired Georgia Institute of Technology engineering professor sued Lyft, claiming it infringed his patent for technology underlying the core of its business model.
AutoNews Now: Marchionne suffered embolism in cancer surgery - report
AutoNews Now: Marchionne suffered embolism in cancer surgery - report https://ift.tt/2LkpoRI suffered embolism in cancer surgery - report; Ford forms self-driving unit; GM launches peer-to-peer car sharing; Under PSA, Opel finally making money: Here's why.
General Motors launches Maven peer-to-peer car sharing program
General Motors launches Maven peer-to-peer car sharing program https://ift.tt/2v2IW1J "Peer Cars" beta program allows owners and eligible lessees to rent their 2015 and newer Chevrolet, Buick, GMC or Cadillac cars and trucks to Maven users for cash.
Why Asbury Automotive posted strong Q2 gains
Why Asbury Automotive posted strong Q2 gains https://ift.tt/2LgE2JH increased revenue and net income in the second quarter despite continued margin pressure. Gains in its used-vehicle, finance and insurance, and parts and service businesses drove the boost.
Asbury boosts net, revenue in Q2
Asbury boosts net, revenue in Q2 https://ift.tt/2mCPCQm increased revenue and net income in the second quarter despite continued margin pressure. Gains in its used-vehicle, finance and insurance, and parts and service businesses drove the boost.
Monday, July 23, 2018
Lexus reclaims No. 1 spot in NADA Dealer Attitude Survey
Lexus reclaims No. 1 spot in NADA Dealer Attitude Survey https://ift.tt/2A4TEL8 ceding the No. 1 spot to sibling brand Toyota for a year, Lexus is back on top of the NADA Dealer Attitude Survey.
Questions surround future of FCA marketing chief without Marchionne
Questions surround future of FCA marketing chief without Marchionne https://ift.tt/2uYQjHL Chrysler marketing chief Olivier Francois, following years of success under Sergio Marchionne, faces a pivotal time in his future at the automaker with Mike
Questions surround future of FCA marketing chief without Marchionne
Questions surround future of FCA marketing chief without Marchionne https://ift.tt/2uISAYa Francois sits shotgun in a Jeep Compass parked in a sun-splashed lot fronting a music studio near West Hollywood, Calif.
Restyled 2019 Honda Insight's looks touted in new ad campaign
Restyled 2019 Honda Insight's looks touted in new ad campaign http://www.autonews.com/article/20180723/RETAIL03/180729891/2019-honda-insight-ad-campaign"Fight Mehdiocrity" touts the Insight as a good-looking alternative to other hybrids.
Detroit auto show move to June brings outdoor activities
Detroit auto show move to June brings outdoor activities https://ift.tt/2mAthTz Detroit auto show is undergoing A reorganization in 2020, when it will move from winter to June to better appeal to car shoppers #8212; and the growing list of automakers that have dropped out in recent years #8212; with outdoor displays and...
Sunday, July 22, 2018
Detroit auto show move to June brings outdoor activities
Detroit auto show move to June brings outdoor activities https://ift.tt/2uWYbt8 Detroit auto show is undergoing a drastic reorganization in 2020, when it will move from the dead of winter to early June to better appeal to car shoppers #8212; and the growing list of automakers that have dropped out in recent years #8212;...
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