Friday, November 30, 2018
Survey eases fears of pickup cannibalization
Survey eases fears of pickup cannibalization https://ift.tt/2Spb09V car or crossover owners are willing to dip a toe into the midsize pickup segment, while full-size pickup buyers remain where they are, that would be a recipe for greater profitability across the board.
Lexus willing to wait on subscriptions
Lexus willing to wait on subscriptions https://ift.tt/2E8K770 is in no rush to embrace a vehicle subscription program at the brand level, but it sees the all-inclusive short-team lease as a format that could be expanded to other models in the lineup.
November U.S. auto sales expected to dip as market cools
November U.S. auto sales expected to dip as market cools https://ift.tt/2DTHoNJ transaction prices and disciplined incentives could be offset by continued headwinds, such as vehicle affordability.
Thursday, November 29, 2018
Dealership group owned by ex-NFL players turns over vehicles to Nissan finance arm
Dealership group owned by ex-NFL players turns over vehicles to Nissan finance arm https://ift.tt/2Sj4Jw6 ailing dealership group owned by two former NFL players and an auto industry veteran has agreed to turn over vehicle collateral to Nissan Motor Acceptance from three of its now-closed stores.
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(No heading) https://ift.tt/2E4kkgi ailing dealership group owned by two former NFL players and an auto industry veteran has agreed to turn over vehicle collateral to Nissan Motor Acceptance Corp. from three of its now-closed stores.
2 men sentenced in fraudulent scheme to steal from 6 N.Y. dealerships
2 men sentenced in fraudulent scheme to steal from 6 N.Y. dealerships https://ift.tt/2ShfoHV New York City men were sentenced last week to prison and are each ordered to pay restitution for their involvement in a fraudulent scheme to steal vehicles from six dealerships in Westchester, N.Y.
Daimler on track to meet annual targets for greener vehicles in China
Daimler on track to meet annual targets for greener vehicles in China https://ift.tt/2P75J4D is on track to meet the quota for new-energy vehicles (NEV's) in China this year, the automaker's China boss, Hubertus Troska, said.
Nissan has long been seen as a success story in Europe
Nissan has long been seen as a success story in Europe https://ift.tt/2P9iEmK ousting of its Chairman Carlos Ghosn for alleged financial irregularities has been seen as a bid to by the automaker to prevent a merger with its controlling partner, Renault.
Wednesday, November 28, 2018
Lincoln backs off 2020 sales target amid Trump trade war with China
Lincoln backs off 2020 sales target amid Trump trade war with China https://ift.tt/2DSrQtQ President Joy Falotico said the brand is backing off the target, established under former CEO Mark Fields in 2014, after the cost to export U.S.-built vehicles to China rose.
Lincoln backs off 2020 sales target amid Trump trade war with China
Lincoln backs off 2020 sales target amid Trump trade war with China https://ift.tt/2Q2Khmw President Joy Falotico told Automotive News Wednesday that the brand is backing off the target, established under former CEO Mark Fields in 2014, after the cost to export U.S.-built vehicles to China rose.
KAR agrees to buy European online auction service for $176 million
KAR agrees to buy European online auction service for $176 million https://ift.tt/2AugRTT Auction Services said it agreed to buy Belgium-based online auction company CarsOnTheWeb for about $176 million.
BMW's latest marketing stunt comes to L.A.
BMW's latest marketing stunt comes to L.A. https://ift.tt/2E41vd4 promote its American-made X5 crossover, BMW filmed a road trip from the car's birthplace in its Spartanburg, S.C., plant directly to a stage at this week's L.A. auto show.
Honda drops diesels in Europe in electric push
Honda drops diesels in Europe in electric push https://ift.tt/2TRJ2Fm is axing its diesel cars in Europe as it adds full-electric and hybrid powertrains in a green technology push.
Tuesday, November 27, 2018
French reacts to Ghosn scandal with surprise, anger and damage control
French reacts to Ghosn scandal with surprise, anger and damage control https://ift.tt/2P6oHbu reaction in France to Carlos Ghosn's arrest over alleged financial misconduct at Nissan can be summed up in two words: It's complicated.
Cox Automotive names Sid Nair to new chief sales officer position
Cox Automotive names Sid Nair to new chief sales officer position https://ift.tt/2TQ4URt Nair, from IT services company DXC Technology, will take over the responsibilities of the departing Raj Sundaram, executive vice president and chief client success officer.
Aston Martin aims to more than double production by 2025
Aston Martin aims to more than double production by 2025 https://ift.tt/2ArG4ye Martin aims to more than double the number of cars it makes by 2025 to 14,000 cars, CEO Andy Palmer said.
French reacts to Ghosn scandal with surprise, anger and damage control
French reacts to Ghosn scandal with surprise, anger and damage control https://ift.tt/2AnHJVA reaction in France to Carlos Ghosn's arrest over alleged financial misconduct at Nissan can be summed up in two words: It's complicated.
VW boosts digital marketing in efficiency drive
VW boosts digital marketing in efficiency drive https://ift.tt/2r8N3ru brand will streamline its marketing operations to become 30 percent more efficient by 2020, relying much more heavily on cheaper digital advertising in the future than traditional print or television channels.
Borgward plans SUV sales in the UK, Ireland next year
Borgward plans SUV sales in the UK, Ireland next year https://ift.tt/2Aqlrm1 will begin sales of its SUVs in the UK and Ireland at the end of next year, the brand's new importer has said.
Monday, November 26, 2018
VW awards North American creative ad work to WPP
VW awards North American creative ad work to WPP https://ift.tt/2zqLmdO agency giant WPP has won Volkswagen's creative account in North America, following a seven-month global agency review.
Sunday, November 25, 2018
Toyota pins Corolla hopes on multicultural buyers
Toyota pins Corolla hopes on multicultural buyers https://ift.tt/2RiBhGR Toyota Corolla, a perennial top seller among light vehicles in the U.S., faces a tougher market as car sales plummet. Toyota believes there are still pockets of opportunity for sales with multicultural groups.
A radical thought to fix auto shows: Work together
A radical thought to fix auto shows: Work together https://ift.tt/2PRB8xg shows already have the means to rejuvenate their brands, if they're willing to take a radical step and work together.
3 things to watch in November sales
3 things to watch in November sales https://ift.tt/2RcuLkM Friday hasn't just taken over Thanksgiving weekend: Big sales run all month, especially in automakers' and dealers' marketing efforts.
Return of the Land Rover Defender
Return of the Land Rover Defender https://ift.tt/2PWcJ9S the clearest look yet at the basic two-door model of Land Rover's upcoming Defender, scheduled for launch in 2020.
CPOs sell better than non-certified vehicles
CPOs sell better than non-certified vehicles https://ift.tt/2Rc9x6p pre-owned vehicles are selling quicker and with better margins, according to J.D. Power.
Potential pre-owned buyers? Anyone
Potential pre-owned buyers? Anyone https://ift.tt/2PTtq5D who exactly is a certified pre-owned vehicle buyer? Well, it can actually be just about anybody who walks through the showroom door.
How the Kia customer stole Christmas
How the Kia customer stole Christmas https://ift.tt/2Rd5lDv say the Grinch who stole Christmas lights, a flat-screen TV and expensive coolers from a Florida dealership showroom this month turned out to be a man who had recently bought a vehicle at the store and decided to go back for more.
Downey Nissan uses social media to sell cars
Downey Nissan uses social media to sell cars https://ift.tt/2PRB6FE Nissan, near Los Angeles, makes it convenient for customers to share a professional video of their new or used vehicle on social media.
AutoNation CEO Mike Jackson is a 2018 Automotive News All Star, finance and insurance
AutoNation CEO Mike Jackson is a 2018 Automotive News All Star, finance and insurance https://ift.tt/2Re1FBA in 2015, AutoNation took one of its first steps in its far-reaching brand extension strategy: launching AutoNation-branded FandI products. Mike Jackson has said the strategy will keep the largest U.S.
Jack Hollis, Toyota Division group vice president and general manager and Ed Laukes, group vice president of marketing, are 2018 Automotive News All Stars
Jack Hollis, Toyota Division group vice president and general manager and Ed Laukes, group vice president of marketing, are 2018 Automotive News All Stars https://ift.tt/2PQDQDb Automotive News All Stars Jack Hollis, Toyota Division group vice president and general manager and Ed Laukes, group vice president of marketing, were instrumental in leading a company effort to reposition itself as a mobility company, through...
David Rosenberg, CEO of Prime Automotive Group, is a 2018 Automotive News All Star
David Rosenberg, CEO of Prime Automotive Group, is a 2018 Automotive News All Star https://ift.tt/2Rf80MU News All star David Rosenberg, CEO of Prime Automotive Group, helped launch a new vehicle subscription program this year.
Carvana CEO Ernie Garcia is a 2018 Automotive News All Star
Carvana CEO Ernie Garcia is a 2018 Automotive News All Star https://ift.tt/2PQDP25 CEO Ernie Garcia, a 2018 Automotive News All Star, has overseen the company known for its oversized vehicle vending machines, with rapid growth in the last year in revenue and sales.
Hyundai chief marketing officer Dean Evans is a 2018 Automotive News All Star
Hyundai chief marketing officer Dean Evans is a 2018 Automotive News All Star https://ift.tt/2Re7AGK Automotive News All Star Dean Evans, chief marketing officer at Hyundai Motor America, led a product blitz this year.
Scott Arnold, AutoNation executive vice president of customer care and brand extensions, is a 2018 Automotive News All Star
Scott Arnold, AutoNation executive vice president of customer care and brand extensions, is a 2018 Automotive News All Star https://ift.tt/2PQDNY1 Automotive News All Star Scott Arnold, executive vice president of customer care and brand extensions at AutoNation, is working on an initiative to extend the company's brand.
Aston Martin Lagonda CEO Andy Palmer is a 2018 Automotive News All Star, luxury automaker
Aston Martin Lagonda CEO Andy Palmer is a 2018 Automotive News All Star, luxury automaker https://ift.tt/2RbBZFx Martin Lagonda CEO Andy Palmer, a 2018 Automotive News All Star, used his marketing savvy to improve the company's balance sheet.
Going Hollywood
Going Hollywood https://ift.tt/2PWcKdW race among carmakers to put fully autonomous vehicles on the road is poised to drive a competition of a different kind, as Hollywood revs up to jump deeper into the world of in-vehicle entertainment.
Thursday, November 22, 2018
Tesla cuts prices in China to ease tariff hit
Tesla cuts prices in China to ease tariff hit https://ift.tt/2KwIEYF, stung by higher levies on U.S. vehicle exports to China amid a trade ward between the countries, lowered prices on the Model S and Model X by 12-26 percent to make the vehicles more "affordable" in the world's top auto market.
PSA Group on track with U.S. plans
PSA Group on track with U.S. plans https://ift.tt/2DAwYT7 is on track with its plans to return to the U.S. by 2026. The automaker's CEO, Carlos Tavares, spoke with Automotive News Europe and sibling publication Automotive News about his future goals in the U.S. and elsewhere.
Wednesday, November 21, 2018
California dealers ask Ford to end anti-dualing policy on Lincoln stores
California dealers ask Ford to end anti-dualing policy on Lincoln stores https://ift.tt/2QbX7yl California New Car Dealers Association is asking Ford CEO Jim Hackett to cease anti-dualing policies in California that could affect about 33 dual Ford-Lincoln dealers in the state.
Mercedes, Audi, BMW benefit from 10% cut in China import tariffs
Mercedes, Audi, BMW benefit from 10% cut in China import tariffs https://ift.tt/2FB6zax, Audi and BMW have benefited from a 10% reduction in import tariffs introduced in China in July that has helped them boost sales in the world's No. 1 market.
Tuesday, November 20, 2018
Can the Grinch save Honda's U.S. sales?
Can the Grinch save Honda's U.S. sales? https://ift.tt/2qYprWO aims to break through traditional holiday advertising, with the Grinch hacking its annual holiday campaign and social media accounts.
Why the zero percent car loan is still alive
Why the zero percent car loan is still alive https://ift.tt/2Kkalni zero-percent auto loan is making a comeback, though it's probably going to last only as long as the holidays.
Mali to produce lithium by 2020 after 694,000 tons discovered
Mali to produce lithium by 2020 after 694,000 tons discovered https://ift.tt/2DyvkBh is on track to start lithium production by 2020 following the discovery of exploitable reserves, a senior mines ministry official told Reuters.
VW brand COO outlines his plans for Europe's top automaker
VW brand COO outlines his plans for Europe's top automaker https://ift.tt/2Q6C6VQ brand is readying the launches of a raft of new products in Europe including the new Golf and the T-Cross small SUV. Chief Operating Officer Ralf Brandstaetter outlined his priorities for the brand.
Mali to produce lithium by 2020 after 694,000 tons discovered
Mali to produce lithium by 2020 after 694,000 tons discovered https://ift.tt/2Q4zqIf is on track to start lithium production by 2020 following the discovery of exploitable reserves, a senior mines ministry official told Reuters.
Sunday, November 18, 2018
Penske, LIthia to workers: Get a physical, save money
Penske, LIthia to workers: Get a physical, save money https://ift.tt/2A1CWsN Automotive Group Inc. and other public retailers are offering financial rewards to employees and their spouses for things like getting a physical or completing biometric screenings.
Zotye USA wants to start selling a Chinese-made crossover in the U.S. in 2020
Zotye USA wants to start selling a Chinese-made crossover in the U.S. in 2020 https://ift.tt/2Tqa6ew automaker Zotye has begun signing up U.S. retailers and plans to "really shake things up" when it comes to factory-dealer norms.
Dealers need to innovate with used-vehicles
Dealers need to innovate with used-vehicles https://ift.tt/2A7q4l4 need for traditional dealers to get innovative in the pre-owned space was apparent at the 2018 Used Car Week annual event in Scottsdale, Ariz.
Auto industry prepares for used-vehicle future
Auto industry prepares for used-vehicle future https://ift.tt/2TpCRYE direction of automotive retailing is up for debate, but considering recent moves by lenders and dealerships, industry leaders are placing their bets on the used-vehicle space.
Online auctions key to wholesalers' future
Online auctions key to wholesalers' future https://ift.tt/2A2NuYK auctions and the digital tools that accompany them are key to vehicle wholesalers' futures.
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