The former COO of AutoNation talks to Automotive News about why he's back in the retail business with the Maroone USA dealership group formed in 2017.
Friday, December 13, 2019
Toyota's redesigned Highlander to start at $35,720
Toyota's redesigned Highlander to start at $35,720 https://ift.tt/2srJKj3
Toyota's pricing strategy for the redesigned 2020 Highlander, the top-selling large crossover, will hold the MSRP on the popular XLE trim level while using a $1,400 upcharge for the fuel-saving hybrid powertrain.
Thursday, December 12, 2019
China light-vehicle demand to fall for third year in 2020, forecast says
China light-vehicle demand to fall for third year in 2020, forecast says https://ift.tt/2PxEVN2
Sales will fall 2 percent to 25.3 million units in 2020, the China Association of Automobile Manufacturers predicted. That follows a drop of about 3 percent last year -- the first decline in decades -- and about 8 percent this year.
Subaru CEO expects record U.S. sales in 2020 despite market slowdown
Subaru CEO expects record U.S. sales in 2020 despite market slowdown https://ift.tt/2PeZaAj
The company has been growing rapidly in the United States, the world's No. 2 auto market, roughly doubling the number of vehicles sold over the past six years.
Asbury to buy luxury dealerships from Park Place in $1 billion deal
Asbury to buy luxury dealerships from Park Place in $1 billion deal https://ift.tt/2sjeGCk 10 dealerships and 17 new-vehicle franchises being acquired will grow Asbury's luxury revenue mix to about 50 percent from 33 percent.
China light vehicle sales to fall for third year in 2020, forecast says
China light vehicle sales to fall for third year in 2020, forecast says https://ift.tt/36rcIyl
Sales will fall 2 percent to 25.3 million units in 2020, the China Association of Automobile Manufacturers predicted. That follows a drop of about 3 percent last year -- the first decline in decades -- and about 8 percent this year.
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