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Automotive Industry Newswire

Acura sees its future in stronger sedans

Sun, 29 Nov 2015 00:01:00 EST

Despite decades of muddled brand identity and mixed success with its vehicles, Acura has no plans to borrow a page from Hyundai's playbook as it launches the Genesis brand, or any other luxury brand's, for that matter.

Audi evolves from bureaucrat's ride to women's favorite in China

Sat, 28 Nov 2015 00:15:00 EST

Audi, once the favored choice of high-ranking government officials and privileged businessmen in China, is now growing in popularity among female consumers that now make up about a third of the automaker's buyers in the market, even higher in the...

Ford drops 'Friends and Neighbors' sale early, opts for traditional year-end discounts

Fri, 27 Nov 2015 14:25:27 EST

Ford is dropping its 'Friends and Neighbors' promotion five weeks earlier than planned, after the offers failed to resonate with consumers as much as more traditional year-end discounts offered by competitors.

VW labor boss says CO2 scandal has hit car orders

Fri, 27 Nov 2015 09:21:00 EST

VW Group is dealing with a slowdown in new-car orders in the wake of admitting this month that it understated CO2 emissions in about 800,000 vehicles, VW's top labor representative said.

PSA must improve performance in Germany, CEO says

Thu, 26 Nov 2015 10:40:22 EST

PSA must urgently improve its position in Germany, where its market share lags rivals VW brand and Opel as the automaker fails to convince customers of the value and attractiveness of its cars, CEO Carlos Tavares told a German magazine.

VW gets record fine in South Korea for emissions cheat

Thu, 26 Nov 2015 05:01:35 EST

South Korea became the first country outside the U.S. to punish VW Group for cheating in emissions tests, slapping the automaker with a record fine of 14.1 billion won ($12.31 million) and ordering a recall of 125,522 vehicles.

On the road in Japan

Thu, 26 Nov 2015 00:01:00 EST

During a recent trip to Japan, I couldn't entirely stop being an auto reporter. Here are some thoughts and observations from my first extended return to Japan in eight years.

How Toyota used Nascar to sway loyal American car buyers

Wed, 25 Nov 2015 13:45:30 EST

For years Toyota has been marketing itself to the Nascar audience as an increasingly American company -- and Nascar fans are growing more receptive.

Easy does it when selling FandI products

Wed, 25 Nov 2015 11:00:00 EST

Dealers, when selling FandI products, don't count pressuring the customer as an effective sales technique. Too much pressure to buy FandI products leads to slightly lower close rates.

Car payment holidays hurt consumers, lender warns

Wed, 25 Nov 2015 11:00:00 EST

Consumer auto payment holidays aren't all they're cracked up to be. Though it can be a helpful bit of cash in the short-term, it will hurt borrowers financially in the long run, subprime lender Prestige Financial warns.

Ford touts 'backup trailer assist' function in new F-150 ads

Wed, 25 Nov 2015 07:17:17 EST

Comedian Denis Leary is crowing about something new in Ford F-150 ads: technology that is meant to make backing up a trailer easier.

U.S. auto sales could break November record, two forecasts say

Tue, 24 Nov 2015 15:04:33 EST

This month -- powered by Black Friday sales and a strengthening economy -- could be the best November ever for U.S. auto sales, according to forecasts from TrueCar and Edmunds.

Spain to extend car subsidy scheme to mid-2016

Tue, 24 Nov 2015 03:47:49 EST

The Spanish government, facing an election next month, plans to extend a car purchase subsidy scheme that has massively boosted sales until the middle of next year, a source at the Industry Ministry said.

Audi's race to the top; Nissan channels Tarantino

Tue, 24 Nov 2015 00:01:00 EST

Audi pits an RS 7 in a test for the best against ... an elevator.

Tesla offers less powerful Model X for $80,000

Mon, 23 Nov 2015 20:00:00 EST

Tesla plans 90D and 70D variants of the Model X crossover, the latter of which will include a 70 kilowatt-hour battery pack and a sticker price of $80,000, plus a $1,200 shipping charge.

Volvo on fast track to 100,000 sales target

Mon, 23 Nov 2015 00:01:00 EST

Volvo Cars of North America, on track for its first annual U.S.

Why Toyota offers 2 battery choices in next Prius

Mon, 23 Nov 2015 00:01:00 EST

Toyota is offering two battery choices in the upcoming fourth-generation Prius. The hybrid's chief engineer says that's because the lithium ion battery is lighter and will be used in heavier, upper-trim cars packed with add-ons.

VW sinks, Detroit 3 rise in buy-sell reports

Mon, 23 Nov 2015 00:01:00 EST

The value of a Volkswagen dealership, already dismal due to low sales in the U.S., has plummeted further following the diesel-emissions scandal, said two buy-sell advisory firms' reports released last week.

Used prices forecast to soften, not dive

Mon, 23 Nov 2015 00:01:00 EST

The pool of used vehicles will grow in 2016, causing prices to soften but not 'fall from a cliff,' predicts an analyst.

Fat margins can fund greener cars

Mon, 23 Nov 2015 00:01:00 EST

The auto industry must focus on making more sustainable vehicles, but the long current sales boom can pay for the green research.

Penske sticks with luxury with N.J. buy

Mon, 23 Nov 2015 00:01:00 EST

Penske Automotive Group has made another strategic acquisition, staying with premium luxury franchises, by buying New Jersey's Schneider Nelson Auto Group. The purchase covers stores selling Audi, Porsche, Jaguar and Land Rover.

Nissan accuses store owned by ex-dealer council chair of fraud

Mon, 23 Nov 2015 00:01:00 EST

Nissan is suing a California dealership and several of its employees, alleging that they filed 3.74 million in improper warranty claims.

There was a real Art to 1960s Pontiac ads

Mon, 23 Nov 2015 00:01:00 EST

It wasn't just raw horsepower and eye-catching styling that fueled the demand for Pontiac's classic 1960's 'wide track' muscle cars such as the GTO, Firebird and Grand Prix.

Lincoln's mission: 'Core segments first'

Mon, 23 Nov 2015 00:01:00 EST

In 2016, Lincoln will have a new face, its most powerful car ever, a revived Continental and a chance to top 100,000 U.S. sales for the first time since 2008. What it apparently won't have, at least anytime soon, is a rear-wheel-drive sports car.

Reuss: More GM diesels coming in cars, trucks

Mon, 23 Nov 2015 00:01:00 EST

General Motors will move forward with diesel engines in cars and light trucks despite the potential chilling effect from Volkswagen's emissions scandal, GM's product chief said.

GM turns to KBB website for targeted incentives

Mon, 23 Nov 2015 00:01:00 EST

General Motors is using Kelley Blue Book's website to offer consumers targeted incentives, the latest sign that carmakers are keen to integrate their marketing efforts with third-party lead providers.


Mon, 23 Nov 2015 00:01:00 EST

Dealers featured this week include Garson Rice, dealer principal of Rice Toyota in Greensboro, N.C.; and JP Miller, president of Paul Miller Mazda in Lexington, Ky.

New message to shoppers: Caddy Escalade is refined

Mon, 23 Nov 2015 00:01:00 EST

Cadillac will launch a broad advertising campaign for the Escalade in time for the holiday shopping season, the first significant marketing effort behind the big SUV since the current design went on sale more than 18 months ago.

Dealer's retirement shows trend

Mon, 23 Nov 2015 00:01:00 EST

A Michigan deal exemplifies a trend in the buy-sell market.

Fiat Chrysler launches 3 youth-targeted ads during American Music Awards

Sun, 22 Nov 2015 23:30:00 EST

Fiat Chrysler Automobiles, in another high-profile advertising move, launched three spots during Sunday night's broadcast of the American Music Awards on ABC.

Industry execs see era of slower sales growth in China

Sun, 22 Nov 2015 17:34:20 EST

Executives gathered last week at the Guangzhou auto show were unanimous in their view that the days of exponential growth are over, underscoring how a sharp economic slowdown has tempered expectations in the world's largest car market.

FCA expands no-cost college nationwide

Sun, 22 Nov 2015 17:00:00 EST

Starting Monday, Nov. 23, Fiat Chrysler dealers nationwide can offer a no-cost college education to employees and their spouses and children -- a perk aimed at attracting top-tier talent to work at FCA stores.

Titan gives Nissan dealers work-truck cred

Sun, 22 Nov 2015 00:01:00 EST

Nissan's U.S. dealers are undergoing training again to sell a big truck as output of the redesigned Nissan Titan begins in Mississippi.

Land Rover Defender to end long, storied run

Sat, 21 Nov 2015 00:01:00 EST

Production of the iconic Land Rover Defender will end early next year. The utilitarian workhorse has remained virtually unchanged during almost seven decades of production and it is unclear whether Land Rover will seek to replace it.

M-B advertising named most effective among luxury brands

Fri, 20 Nov 2015 15:40:30 EST

Mercedes-Benz's slogan is, 'The best or nothing.' When it comes to its advertising, a TV and video analytics company agrees.

Cox moves dealers to Dealer.com from VinSolutions

Fri, 20 Nov 2015 15:26:48 EST

Dealers using the VinSolutions website will be transitioned to Dealer.com, Cox Automotive said today.

Ford CFO says 'Friends' promo not costly

Thu, 19 Nov 2015 14:24:05 EST

Ford's incentive spending declined slightly in the first few weeks of its year-end 'Friends and Neighbors' promotion, evidence that it's not a profit-damaging blowout sale, CFO Bob Shanks said today.

Scion keeps it weird in new iM, iA ads

Thu, 19 Nov 2015 11:02:20 EST

Scion's 'Weird, Right?' ad campaign for the iM hatchback and iA compact sedan is back for another round of weirdness.

GM, Army to test Chevrolet Colorado fuel cell

Thu, 19 Nov 2015 09:00:00 EST

The Chevrolet Colorado pickup has been selected by the U.S. Army to test a General Motors-designed hydrogen powered fuel cell powertrain.

BMW confident X1, 7 series will drive N.A. sales growth in 2016

Wed, 18 Nov 2015 16:51:29 EST

BMW is confident its U.S. sales will continue expanding in 2016 even as the overall market reaches a phase of little or no growth, says Ludwig Willisch, CEO of BMW North America.

Cadillac to launch holiday ad campaign for Escalade

Wed, 18 Nov 2015 16:05:45 EST

Cadillac will launch a broad advertising campaign for the Escalade in time for the holiday shopping season, the first significant marketing effort behind the big SUV since the current design went on sale more than 18 months ago.

Porsche lawyers say actor Paul Walker to blame for his death in crash

Wed, 18 Nov 2015 14:08:18 EST

Lawyers for German automaker Porsche said actor Paul Walker was responsible for his own death in a crash of a Porsche sports car, in response to a wrongful death lawsuit filed by Walker's daughter, court documents showed.

Legendary automotive artist Art Fitzpatrick dies at 96

Wed, 18 Nov 2015 12:24:08 EST

Art Fitzpatrick, one half of the team that created some of the most eye-catching advertising artwork for General Motors from 1959 to 1971, passed away this week in Carlsbad, Calif., at age 96.

Judge grants N.J. store arbitration in suit alleging bait and switch

Wed, 18 Nov 2015 11:45:00 EST

According to court documents in a dissatisfied customer's lawsuit over a used-vehicle purchase, a federal judge in Philadelphia ruled the arbitration agreements she signed are enforceable and, siding with the N.J.

New DARCARS CEO starts shopping

Wed, 18 Nov 2015 10:55:40 EST

DARCARS Automotive Group is in talks with several U.S. dealerships about possible acquisitions after completing its first store purchase since John Darvish Jr., son of the founder, took over as CEO last year.

2016 Chevy Cruze will start at $17,495

Wed, 18 Nov 2015 10:45:16 EST

Pricing for Chevrolet's lighter, larger, next-generation Chevrolet Cruze will begin at $17,495.

Jaguar XE base price will be $35,895

Tue, 17 Nov 2015 19:00:00 EST

Jaguar will offer its all-new 2017 XE with one diesel and two gasoline engines and standard rear-wheel drive when the compact sedan goes on sale late this spring.

U.S. sales will peak in 2016 as pent-up demand begins to ease, predicts NADA chief economist

Tue, 17 Nov 2015 16:00:17 EST

Pent-up demand for new vehicles in the U.S., having propelled sales upward each year starting in 2010, will begin to ease over the next few years, the chief economist of the National Automobile Dealers Association said.

Penske buys N.J.-based dealership group

Tue, 17 Nov 2015 10:46:32 EST

Penske Automotive Group Inc. has bought the Schneider Nelson Auto Group in a deal expected to generate annual revenue of about $175 million.

European car sales rise 3% in Oct.

Tue, 17 Nov 2015 02:58:02 EST

VW Group limited the effect of its emissions scandal in October with its European sales declining by just 0.8 percent in a total market where volume rose by 2.7 percent.