Nissan UK shows off some of the technology found in the Juke crossover.
source http://www.autonews.com/article/20180801/VIRALVIDEO/308019995/mazda-crossover-sun-viral-video
Auto Connection issues important to dealers and other automotive retail news, complaints, reviews in Manassas, VA.
Tuesday, 31 July 2018
CASE, ACES or SAEV: What will we call electric shared self-driving cars?
Those in the auto industry can't seem to agree on what acronym to use when describing a self-driving, electric shared vehicle.
source http://www.autonews.com/article/20180731/MOBILITY/180739890/autonomous-electric-shared-acronym
source http://www.autonews.com/article/20180731/MOBILITY/180739890/autonomous-electric-shared-acronym
TRAVERSE CITY CONFERENCE: Honeywell hot on turbos in EV age
The 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.
source http://www.autonews.com/article/20180731/OEM10/180739896/honeywell-hot-on-turbos-in-ev-age
source http://www.autonews.com/article/20180731/OEM10/180739896/honeywell-hot-on-turbos-in-ev-age
Traverse City conference: The 10 auto brands that will be harmed the most by tariffs
Roughly 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
source http://www.autonews.com/article/20180731/RETAIL01/180739898/nissan-toyota-mazda-subaru-hyundai-jeep-kia-buick-honda-mercedes
source http://www.autonews.com/article/20180731/RETAIL01/180739898/nissan-toyota-mazda-subaru-hyundai-jeep-kia-buick-honda-mercedes
Traverse City conference: Crossovers sales under pressure from used-vehicle market
Used-vehicle 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.
source http://www.autonews.com/article/20180731/RETAIL04/180739901/crossovers-used-vehicle-sales-tariffs
source http://www.autonews.com/article/20180731/RETAIL04/180739901/crossovers-used-vehicle-sales-tariffs
TRAVERSE CITY CONFERENCE: Big tariff costs would drag down sales, analyst says
Proposed tariffs on imported vehicles could increase vehicle prices by up to $6,000, says IHS's Michael Robinet.
source http://www.autonews.com/article/20180731/RETAIL01/180739903/big-tariff-costs-would-drag-down-sales-robinet-says
source http://www.autonews.com/article/20180731/RETAIL01/180739903/big-tariff-costs-would-drag-down-sales-robinet-says
Predicted cost of tariffs: Big Tariff costs would drag down sales: Robinet
Proposed tariffs on imported vehicles could increase vehicle prices by up to $6,000, says ISH's Michael Robinet.
source http://www.autonews.com/article/20180731/RETAIL01/180739903/predicted-cost-of-tariffs-big-tariff-costs-would-drag-down-sales
source http://www.autonews.com/article/20180731/RETAIL01/180739903/predicted-cost-of-tariffs-big-tariff-costs-would-drag-down-sales
Panasonic expects Tesla battery production to boost profits this fall
Panasonic 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.
source http://www.autonews.com/article/20180731/OEM10/180739913/tesla-panasonic-earnings-battery
source http://www.autonews.com/article/20180731/OEM10/180739913/tesla-panasonic-earnings-battery
Why Jaguar I-Pace may radically alter perceptions of the automaker
The battery-powered I-Pace coming at the end of the month could be the vehicle that changes everything in the U.S. for Jaguar.
source http://www.autonews.com/article/20180731/RETAIL01/180809996/column-richard-truet-jaguar-i-pace
source http://www.autonews.com/article/20180731/RETAIL01/180809996/column-richard-truet-jaguar-i-pace
Honda profit climbs 11% on North American sales, cost cutting
Honda reported an 11 percent increase in operating profit in the most recent quarter as rising sales in North America offset foreign exchange rate losses.
source http://www.autonews.com/article/20180731/COPY01/307319977/honda-profit-climbs-11-on-north-american-sales-cost-cutting
source http://www.autonews.com/article/20180731/COPY01/307319977/honda-profit-climbs-11-on-north-american-sales-cost-cutting
BMW drops subscription prices
BMW 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.
source http://www.autonews.com/article/20180731/RETAIL/180739922/bmw-subscription-service-drops-price
source http://www.autonews.com/article/20180731/RETAIL/180739922/bmw-subscription-service-drops-price
Monday, 30 July 2018
U.S. new-car sales on pace to dip, remain flat in July, forecasts show
U.S. 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.
source http://www.autonews.com/article/20180730/RETAIL01/180739932/u-s-new-car-sales-on-pace-to-dip-remain-flat-in-july-forecasts-show
source http://www.autonews.com/article/20180730/RETAIL01/180739932/u-s-new-car-sales-on-pace-to-dip-remain-flat-in-july-forecasts-show
Cities start taxing Ubers -- and that's just the beginning
Fast-forward 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.
source http://www.autonews.com/article/20180730/MOBILITY/180739958/cities-tax-ubers-more-to-come
source http://www.autonews.com/article/20180730/MOBILITY/180739958/cities-tax-ubers-more-to-come
Sunday, 29 July 2018
Buick most at risk for GM if Trump implements vehicle tariffs
Nine years after surviving General Motors' bankruptcy restructuring to the surprise of many, Buick once again finds itself in a precarious situation.
source http://www.autonews.com/article/20180730/RETAIL01/180739970/gm-tariffs-buick-trump
source http://www.autonews.com/article/20180730/RETAIL01/180739970/gm-tariffs-buick-trump
Used vehicle sales are making the difference for public dealership groups
While new-vehicle sales are flattening and margins are tighter, used-vehicle sales are making up the difference.
source http://www.autonews.com/article/20180730/RETAIL07/180739968/sonic-group-1-lithia-penske-autonation-earnings
source http://www.autonews.com/article/20180730/RETAIL07/180739968/sonic-group-1-lithia-penske-autonation-earnings
Retail Forum is Oct. 11 in Chicago
Automotive News will host the Retail Forum on Oct. 11 at the Four Seasons Hotel in Chicago.
source http://www.autonews.com/article/20180730/RETAIL/180739972/chicago-retail-forum
source http://www.autonews.com/article/20180730/RETAIL/180739972/chicago-retail-forum
Reader praises independent used-car auctions
Reader praises independent used-car auctions.
source http://www.autonews.com/article/20180730/RETAIL01/180739979/mike-manley-fiat-chrysler-letters-editor
source http://www.autonews.com/article/20180730/RETAIL01/180739979/mike-manley-fiat-chrysler-letters-editor
Sales of certified pre-owned vehicles on the rise in first half of 2018
Industry sales of certified pre-owned vehicles bounced back in the first half, rising 3.3 percent, after a flat performance in 2017.
source http://www.autonews.com/article/20180730/RETAIL04/180739977/cpo-sales-2018
source http://www.autonews.com/article/20180730/RETAIL04/180739977/cpo-sales-2018
Waymo, Walmart partnership aims to boost acceptance of self-driving cars
Waymo 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.
source http://www.autonews.com/article/20180730/MOBILITY/180739986/waymo-walmart-autonomous-cars
source http://www.autonews.com/article/20180730/MOBILITY/180739986/waymo-walmart-autonomous-cars
Trump auto plan would increase fuel use by 500,000 barrels a day
A 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.
source http://www.autonews.com/article/20180729/OEM05/180729754/trump-fuel-economy-standards-cut
source http://www.autonews.com/article/20180729/OEM05/180729754/trump-fuel-economy-standards-cut
Saturday, 28 July 2018
Nissan's Juke subcompact dropped from U.S. lineup
The Nissan Juke was intended to be a "polarizing" product, but it was too much so, and has been dropped from the U.S. lineup.
source http://www.autonews.com/article/20180729/OEM01/180739974/nissan-subcompact-u-s-juke-crossover
source http://www.autonews.com/article/20180729/OEM01/180739974/nissan-subcompact-u-s-juke-crossover
Friday, 27 July 2018
Canadian retailer HGreg.com expands used-vehicle stores in Florida
A Canadian auto retailer is growing its network of used-vehicle stores in Florida, and expansion into other states could be on the horizon eventually.
source http://www.autonews.com/article/20180728/OEM10/180739984/hgreg-com-used-vehicle-sales-florida
source http://www.autonews.com/article/20180728/OEM10/180739984/hgreg-com-used-vehicle-sales-florida
Penske, Group 1 also feel profit pinch from BMW, Honda
Following 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.
source http://www.autonews.com/article/20180727/RETAIL/180729760/penske-group-1-also-feel-profit-pinch-from-bmw-honda
source http://www.autonews.com/article/20180727/RETAIL/180729760/penske-group-1-also-feel-profit-pinch-from-bmw-honda
Sonic Automotive's record Q2 revenue, gross profit come with caveat
Margin 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.
source http://www.autonews.com/article/20180727/RETAIL/180729768/sonic-automotive-earnings-report
source http://www.autonews.com/article/20180727/RETAIL/180729768/sonic-automotive-earnings-report
PSA LCV chief predicts sales boost from refreshed range of midsize vans
PSA's light commercial vehicle business unit has a European market share of more than 20 percent after the group added Opel in August.
source http://europe.autonews.com/article/20180727/ANE/180719880/psa-lcv-chief-predicts-sales-boost-from-refreshed-range-of-midsize
source http://europe.autonews.com/article/20180727/ANE/180719880/psa-lcv-chief-predicts-sales-boost-from-refreshed-range-of-midsize
Thursday, 26 July 2018
Ally's used originations, non-GM and Chrysler business grow in Q2
Ally 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.
source http://www.autonews.com/article/20180726/FINANCE_AND_INSURANCE/180729791/ally-second-quarter-earnings-originations
source http://www.autonews.com/article/20180726/FINANCE_AND_INSURANCE/180729791/ally-second-quarter-earnings-originations
How Penske Automotive piled up record results in Q2
Penske 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.
source http://www.autonews.com/article/20180726/RETAIL07/180729795/penske-earnings-rise-second-quarter
source http://www.autonews.com/article/20180726/RETAIL07/180729795/penske-earnings-rise-second-quarter
Veteran auto journalist, reviewer Warren Brown dies
Warren 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.
source http://www.autonews.com/article/20180726/OEM02/180729798/auto-journalist-dies-washington
source http://www.autonews.com/article/20180726/OEM02/180729798/auto-journalist-dies-washington
Group 1 lifts profits, revenue on used vehicles, U.K. business
Group 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.
source http://www.autonews.com/article/20180726/RETAIL07/180729799/group1-grows-second-quarter-profits
source http://www.autonews.com/article/20180726/RETAIL07/180729799/group1-grows-second-quarter-profits
Why Nissan's profits are slipping
Operating 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.
source http://europe.autonews.com/article/20180726/COPY/307269906/nissan-earnings-plunge-amid-slowing-us-sales
source http://europe.autonews.com/article/20180726/COPY/307269906/nissan-earnings-plunge-amid-slowing-us-sales
Why Nissan's profits are slipping
Nissan 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.
source http://www.autonews.com/article/20180726/RETAIL01/180729809/nissan-earnings-plunge-amid-slowing-us-sales
source http://www.autonews.com/article/20180726/RETAIL01/180729809/nissan-earnings-plunge-amid-slowing-us-sales
Wednesday, 25 July 2018
Cadillac vehicle subscription head leaving company
Lee, 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."
source http://www.autonews.com/article/20180725/RETAIL03/180729817/cadillac-book-melody-lee-departure
source http://www.autonews.com/article/20180725/RETAIL03/180729817/cadillac-book-melody-lee-departure
Lithia posts Q2 gains; shares still slide
Lithia's profits and revenue are up as the company continues to grow through acquisitions.
source http://www.autonews.com/article/20180725/RETAIL07/180729819/lithia-posts-q2-gains
source http://www.autonews.com/article/20180725/RETAIL07/180729819/lithia-posts-q2-gains
Daimler and China's Baidu deepen automated driving alliance
Daimler said it will deepen a partnership with China's Baidu on automated driving and vehicle connectivity services.
source http://www.autonews.com/article/20180725/COPY01/307259893/daimler-and-chinas-baidu-deepen-automated-driving-alliance
source http://www.autonews.com/article/20180725/COPY01/307259893/daimler-and-chinas-baidu-deepen-automated-driving-alliance
Could subscription services put FandI product sales at risk?
Where 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.
source http://www.autonews.com/article/20180725/BLOG13/180729829/could-subscription-services-put-fi-product-sales-at-risk
source http://www.autonews.com/article/20180725/BLOG13/180729829/could-subscription-services-put-fi-product-sales-at-risk
Walmart shoppers will soon test Waymo self-driving shuttles in Arizona
Waymo said it will begin trials with Walmart and DDR to shuttle passengers in self-driving minivans to their retail stores.
source http://www.autonews.com/article/20180725/MOBILITY/180729832/walmart-waymo-lauch-autonomous-trial-phoenex
source http://www.autonews.com/article/20180725/MOBILITY/180729832/walmart-waymo-lauch-autonomous-trial-phoenex
GM outlook darkens as profits fall on steel costs
General 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.
source http://www.autonews.com/article/20180725/RETAIL01/180729840/gm-earnings-decline-outlook-lowered
source http://www.autonews.com/article/20180725/RETAIL01/180729840/gm-earnings-decline-outlook-lowered
Daimler and China's Baidu deepen automated driving alliance
Daimler said it will deepen a partnership with China's Baidu on automated driving and vehicle connectivity services.
source http://europe.autonews.com/article/20180725/ANE/180729847/daimler-and-chinas-baidu-deepen-automated-driving-alliance
source http://europe.autonews.com/article/20180725/ANE/180729847/daimler-and-chinas-baidu-deepen-automated-driving-alliance
Tuesday, 24 July 2018
Mazda's summer commercial joins our viral list
Mazda's ode to summer adventure enters our viral video list at No. 3 this week.
source http://www.autonews.com/article/20180725/VIRALVIDEO/307259999/mazda-crossover-sun-viral-video
source http://www.autonews.com/article/20180725/VIRALVIDEO/307259999/mazda-crossover-sun-viral-video
Did Lyft lift a professor's technology?
A retired Georgia Institute of Technology engineering professor sued Lyft, claiming it infringed his patent for technology underlying the core of its business model.
source http://www.autonews.com/article/20180724/MOBILITY/180729859/lyft-lawsuit-claims-technology-lifted
source http://www.autonews.com/article/20180724/MOBILITY/180729859/lyft-lawsuit-claims-technology-lifted
AutoNews Now: Marchionne suffered embolism in cancer surgery - report
Marchionne 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.
source http://www.autonews.com/article/20180724/VIDEO/307249973/autonews-now-marchionne-suffered-embolism-in-cancer-surgery-report
source http://www.autonews.com/article/20180724/VIDEO/307249973/autonews-now-marchionne-suffered-embolism-in-cancer-surgery-report
General Motors launches Maven peer-to-peer car sharing program
The "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.
source http://www.autonews.com/article/20180724/RETAIL/180729872/gm-maven-car-sharing-program
source http://www.autonews.com/article/20180724/RETAIL/180729872/gm-maven-car-sharing-program
Why Asbury Automotive posted strong Q2 gains
Asbury 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.
source http://www.autonews.com/article/20180724/RETAIL/180729873/asbury-boosts-q2-earnings-revenue
source http://www.autonews.com/article/20180724/RETAIL/180729873/asbury-boosts-q2-earnings-revenue
Asbury boosts net, revenue in Q2
Asbury 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.
source http://www.autonews.com/article/20180724/RETAIL/180729873/asbury-boosts-net-revenue-in-q2
source http://www.autonews.com/article/20180724/RETAIL/180729873/asbury-boosts-net-revenue-in-q2
Monday, 23 July 2018
Lexus reclaims No. 1 spot in NADA Dealer Attitude Survey
After ceding the No. 1 spot to sibling brand Toyota for a year, Lexus is back on top of the NADA Dealer Attitude Survey.
source http://www.autonews.com/article/20180723/RETAIL07/180729884/nada-dealer-attitude-study-winter-2018-lexus-toyota
source http://www.autonews.com/article/20180723/RETAIL07/180729884/nada-dealer-attitude-study-winter-2018-lexus-toyota
Questions surround future of FCA marketing chief without Marchionne
Fiat Chrysler marketing chief Olivier Francois, following years of success under Sergio Marchionne, faces a pivotal time in his future at the automaker with Mike
source http://www.autonews.com/article/20180723/RETAIL03/180729889/marchionne-marketing-chief-francois-faces-questions
source http://www.autonews.com/article/20180723/RETAIL03/180729889/marchionne-marketing-chief-francois-faces-questions
Questions surround future of FCA marketing chief without Marchionne
Olivier Francois sits shotgun in a Jeep Compass parked in a sun-splashed lot fronting a music studio near West Hollywood, Calif.
source http://www.autonews.com/article/20180723/RETAIL03/180729889/questions-surround-future-of-fca-marketing-chief-without-marchionne
source http://www.autonews.com/article/20180723/RETAIL03/180729889/questions-surround-future-of-fca-marketing-chief-without-marchionne
Restyled 2019 Honda Insight's looks touted in new ad campaign
"Fight Mehdiocrity" touts the Insight as a good-looking alternative to other hybrids.
source http://www.autonews.com/article/20180723/RETAIL03/180729891/2019-honda-insight-ad-campaign
source http://www.autonews.com/article/20180723/RETAIL03/180729891/2019-honda-insight-ad-campaign
Detroit auto show move to June brings outdoor activities
The 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...
source http://europe.autonews.com/article/20180723/COPY/307239952/detroit-auto-show-date-change-2020-june
source http://europe.autonews.com/article/20180723/COPY/307239952/detroit-auto-show-date-change-2020-june
Sunday, 22 July 2018
Detroit auto show move to June brings outdoor activities
The 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;...
source http://www.autonews.com/article/20180723/RETAIL03/180729930/detroit-auto-show-date-change-2020-june
source http://www.autonews.com/article/20180723/RETAIL03/180729930/detroit-auto-show-date-change-2020-june
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