Many dealers say that cutting vendor costs is a priority this year. The reviews follow a year in which the average U.S. light-vehicle dealership reported a loss on operations for the first time in at least a decade.
In a U.S. market with an almost insatiable appetite for spacious crossovers and SUVs, there's plenty of room for their bite-size counterparts.
Tesla CEO Elon Musk wrote that, starting Thursday, he will hold calls with teams in America, Asia and Europe every two days to “understand what’s needed to accelerate” Tesla’s rate of deliveries.
U.S. District Judge Sam Cummings of Texas signed an order saying that due to the passage of time, Ford Credit can file an amended judgment for what is owed in the case. It must do so on or before June 3.
When it comes to all-inclusive financing options, Hyundai Capital America isn't putting all its eggs in one basket.
Chris Fanning, a former software executive, will take the reins at compliance software and services company KPA, effective immediately. While the company provides software and services for a variety of industries, KPA has focused attention on its auto business in the last several years with a spate of acquisitions.
Credit unions should expand ties to dealers -- with an eye on the service lane, F&I product sales and used-vehicle inventory -- to give dealerships additional profit avenues, dealers say.
Even though a vehicle purchase still isn't as simple as clicking and buying a pair of shoes on Amazon, many customers appreciate the simplified buying experience that the advance in digital retailing tools can bring about.
Nissan is considering pulling the plug on its contentious incentive program as early as this summer. A shift would mark a sea change for the brand.
The toll at Riley Chevrolet: 750 vehicles damaged, a wrecked showroom, a destroyed service department.
Dealers should focus on the customer experience, more than the price, to maximize competitiveness in the retail market.
A Subaru store near Portland knows what looks hot in a customized vehicle, even before a customer wants it.
President Trump's escalating trade war with China could end up being a competitive advantage for some Chinese automakers racing to launch their retail networks in the U.S.
Last year's depreciation rates were relatively low thanks to several factors that simply can't last forever. The rate is expected to grow this year, which will affect the used-vehicle market.
Images from Riley Chevrolet in Jefferson City, Mo., showed damage to its dealership building and vehicles stacked on top of each other like Matchbox cars.
Lynk & CO's Alain Visser said the new automaker sees itself as a "mobility brand with a car," making it the "wild horse" in China's Geely Holding Group that also includes Volvo and Lotus.
AMCI Global's latest Trusted Automotive Brand Study found that the traditional focus on quality, satisfaction and the elimination of problems has little influence of consumers' trust in an automotive brand.
To cut down on calls from confused customers, an Indiana finance manager writes out a cheat sheet that answers the most frequently asked follow-up questions at his dealership. The move saves time, satisfies customers and reduces chargebacks, he says.
The Silverado's 6.2-liter gasoline engine — rated at 420 hp and 460 pound-feet of torque — will expand to five of eight trim levels for the upcoming model year.
The Silverado's 6.2-liter gasoline engine — rated at 420 hp and 460 pound-feet of torque — will expand to five of eight trim levels for the upcoming model-year.
China's GAC Motor had an aggressive goal to sell cars in the U.S. in early 2020 but is now postponing that target as tariffs threaten to make the importing of cars from China more expensive. The company cited "the escalation of China-U.S. trade frictions" and distribution "uncertainties."
The EPA’s emissions certification process for a new inline-six turbodiesel engine in the Chevrolet Silverado and GMC Sierra is taking longer than anticipated. The delay means dealer orders for the models must be canceled and resubmitted.
Kia's muscular Telluride has elbowed into the crowded three-row crossover segment with gusto. And as the market cools, Hyundai is warming up for the fight with the Palisade.
Public ownership of big dealership groups helped transform an industry made up mostly of self-funded small businesses into one flush with cash from big banks and private-equity firms.
The Texas House approved a bill that would allow a vehicle manufacturer or distributor to also own a dealer or dealership, as long as it was for a different type of vehicle than what that company manufacturers.
GM plans to produce less than 1,000 of the carbon fiber boxes for the 2019 model-year, followed by less than 20,000 for 2020.
Dietmar Exler, who led Mercedes to three straight U.S. luxury sales titles before a decline this year, is said to have told the dealer board he was offered opportunities inside Daimler that would have required him to leave the U.S., which is something he didn’t want to do.
Dietmar Exler, who led Mercedes to three straight U.S. luxury sales titles before a decline this year, is expected to announce his departure to employees Friday, Automotive News has learned.
Coming amid consumer lawsuits, a new law allows Indiana dealerships to charge customers document preparation fees but caps those fees at $199. The change legalizes a practice some Indiana dealerships have had of charging document fees in the range of $150 to $199.
Hyundai is rolling out the limited-run Iron Man Edition of the Kona crossover, the world's first production vehicle to be themed after a Marvel character.
Hamilton Honda, once a top 10 U.S. store for the brand, was sold by a dealership group sued last year amid allegations that the group defaulted on millions of dollars in floorplan loans.
Indiana Gov. Eric Holcomb signed a bill this month that allows dealerships to charge customers document preparation fees but caps those fees at $199. The change legalizes a practice some Indiana dealerships have had of charging document fees in the range of $150 to $199. The legislation also extended the state's moratorium on vehicle subscription plans to May 1, 2020.
Auto loan debt grew in the first quarter, driven primarily by borrowers in the lowest credit tiers, according to the Federal Reserve Bank of New York. Total auto loan debt in the U.S. rose 4 percent year over year to $1.28 trillion in the quarter, the central bank said.
The Digital and Mobility Solutions division will oversee digital solution centers in the U.S., China, Germany and Singapore and identify markets in which to roll out products and platforms.
While many dealers have made strides in creating greater price and process transparency in the traditional auto retail model, some still have a long way to go.
Hyundai is rolling out the limited-run Iron Man Edition of its Kona crossover, the world's first production vehicle to be themed after a Marvel character.
Hamilton Honda, once a Top 10 U.S. store for the brand, was sold by a dealership group sued last year by two captive finance companies alleging that the group defaulted on millions of dollars in floorplan loans.
Volvo CEO Hakan Samuelsson said the automaker's Care by Volvo subscription service and new M brand for mobility services will help change the way automaker brings its products to customers, but he said dealers should not fear they will no longer be needed.
