Retail sales of new passenger vehicles industrywide will increase three percent to 1.98 million in September, the China Automobile Dealers Association predicted.
Thursday, September 28, 2023
New-car market will expand 3% in Sept., trade group predicts
Big gains seen for U.S. sales in September and Q3, but affordability drags on market
Analysts expect Q3 and September sales increases over last year when they begin to be reported Tuesday, though the pace of sales has slowed as high interest rates compound affordability challenges.
1 Thing We're Talking About: Celebrating technicians
The American Trucking Associations has deemed Sept. 24-30 a time to honor the technicians "who keep our trucks moving" and who are "highly deserving of recognition."
Sunday, September 24, 2023
Tax credit transfers could be mismanaged
The transfer of tax credits to dealers is a program that will give dealers ultimate control of their clients’ money.
Friday, September 22, 2023
Volvo Cars tailors a solution to tech shortage
To make service technician jobs women-friendly, the Swedish automaker strives to make doing the work more comfortable by reinventing the shop floor uniform.
Hyundai EV buyers get free home chargers
Hyundai is giving buyers who elect to purchase or lease a new EV through its captive finance arm a free ChargePoint Level 2 home charger valued at $549 and a credit of $600 toward installation.
Wednesday, September 20, 2023
Technician conviction in pedestrian's death upheld
A technician who fatally struck a pedestrian while taking a service customer's vehicle for a test drive after an oil change failed to get his conviction for "careless driving involving unintentional death" overturned by a Pennsylvania court.
Saturday, September 16, 2023
Guest commentary: Modern retail a boon for F&I revenue — if it's done right
Modern retail delivers the ability to browse, research and then purchase online or in-store and it will only continue to gain in popularity. Online platforms won't negatively impact F&I revenue if products are introduced earlier in the sales process.
Friday, September 15, 2023
Former F&I manager sues Indiana dealership
The suit alleges wrongful termination, retaliation and sex discrimination by John Jones Chevrolet Buick of Corydon.
Dealers begin to put UAW strike planning into action
With the UAW launching its strike against all Detroit 3 automakers and halting production at three vehicle assembly plants, dealers are putting monthslong contingency plans into action.
Thursday, September 14, 2023
Exports drive up August light-vehicle shipments 6.9%
Automakers in China shipped 2.27 million sedans, crossovers, SUVs, multipurpose vehicles and minibuses last month, up 6.9 percent from a year earlier, the China Association of Automobile Manufacturers said Monday.
Used-vehicle market expands 6% in August
Sales of used light vehicles in China have increased seven straight months, with August volume rising six percent year on year to 1.25 million, according to the China Automobile Dealers Association.
Engine warranty case against Indiana Nissan dealership reinstated by appeals court
A jury will decide if a customer was told a rebuilt Ford F-250 engine was under warranty.
Spotlight: Ryan Mutalib, fixed operations director at Jeff Wyler Honda
Get to know Ryan Mutalib of Jeff Wyler Honda.
Chinese EV makers are bit players in Europe
China's market leader Geely is the top Chinese presence in Europe, but still only ranks seventh in pure EV sales in the EU in the first half of 2023, less than a quarter of market leader VW, Bloomberg says.
Wednesday, September 13, 2023
EU opens anti-subsidy probe into Chinese EVs
EU Commission President Ursula von der Leyen said the prices of Chinese cars were being kept artificially low by huge state subsidies and that this was leading to a distortion of the European market.
Tuesday, September 12, 2023
Dealers caught in middle of EV transition, panel says
The 2023 Automotive News Congress Retail Future panelists identified affordability, range anxiety, education and regional climate concerns as key barriers to EV adoption during the discussion Tuesday.
Monday, September 11, 2023
Exports drive August light-vehicle shipments up 6.9%
Automakers in China shipped 2.27 million sedans, crossovers, SUVs, multipurpose vehicles and minibuses last month, up 6.9 percent from a year earlier, the China Association of Automobile Manufacturers said Monday.
Toyota will keep passenger cars in U.S. lineup, says brand chief
Ahead of the annual Toyota dealer meeting in Las Vegas this week, brand head Dave Christ says the brand won't just focus on trucks and that incentives are likely to rebound as dealer inventories recover.
Sunday, September 10, 2023
Toyota will keep passenger cars in the lineup, says brand chief
Ahead of the annual Toyota dealer meeting in Las Vegas this week, brand head Dave Christ says the brand won't just focus on trucks and that incentives are likely to rebound as dealer inventories recover.
Saturday, September 9, 2023
Don Johnson Auto adapts Gino Wickman Entrepreneurial Operating System
To address communication challenges and achieve growth targets, CEO Joshua Johnson deployed author Gino Wickman's concept of an Entrepreneurial Operating System.
Thursday, September 7, 2023
Spotlight: Aaron Zimmerman, corporate fixed operations director at Len Stoler Automotive Group
Get to know Aaron Zimmerman of the Len Stoler Automotive Group.
Sales continue to slide at Honda, Volvo
Honda and Volvo registered lower sales in China last month as their electrified models have yet to gain traction and offset shrinking demand for gasoline products.
Guest commentary: Warranty reimbursement can provide financial lift to dealerships
Warranty reimbursements can add up to $200,000 annually in gross profit, author writes.
Appeal by service adviser fired for insubordination denied by Conn. court
Adviser had alleged gender and pregnancy bias; customers had complained about her rudeness.
Wednesday, September 6, 2023
Lawsuit: Fla. VW dealership added fees at lease buyout
Customer alleges hundreds of dollars added in undisclosed fees when he tried to purchase his vehicle at the end of the lease period.
Tuesday, September 5, 2023
Rise of China's EV makers threatens Western automakers, UBS report says
Led by BYD, Chinese carmakers will almost double their share of the auto market by the end of the decade, UBS analysts said.
Monday, September 4, 2023
VW Group turns to design to sharpen model lineup as EV sales struggle
VW Group will strengthen the hand of its designers to better differentiate the company's 10 brands and boost demand for its upcoming EVs.
Friday, September 1, 2023
3 trade groups say pact reaffirms right-to-repair commitment. Critics call it a farce.
Automakers and a segment of independent repairers say a July agreement reaffirms their commitment to right to repair, potentially shelving the need for federal legislation. But right-to-repair advocates aren't convinced.