Tuesday, 20 October 2020

Planting the seeds for future dealership facilities

Dealerships are doing more business than ever outside dealership walls. Dealers are talking about how to make the online-to-in-store transition even smoother once the pandemic is over. All of that raises new questions about the fate of brick-and-mortar stores.



source https://www.autonews.com/retail-technology/planting-seeds-future-dealership-facilities

Detroit automakers face delicate dance with red-state supporters

That strategy lets automakers avoid offending their most crucial audience: truck buyers. GM, Ford and FCA sell nearly three-quarters of their pickups -- their most-profitable, best-selling models -- in states President Trump won in 2016.



source https://www.autonews.com/sales/detroit-automakers-face-delicate-dance-red-state-supporters

Monday, 19 October 2020

Maybach SUV takes Mercedes (way) upmarket

Mercedes' 2021 Maybach GLS tops out at nearly $200,000, making it the most expensive passenger vehicle made in America. The SUV will be produced at Mercedes' factory in Vance, Ala.



source https://www.autonews.com/cars-concepts/maybach-suv-takes-mercedes-way-upmarket

Tax evasion storm swirls around Reynolds CEO

Bob Brockman, longtime chairman and CEO of Reynolds and Reynolds Co., remained in charge of the dealership management system giant while he faces U.S. tax evasion, money laundering and other charges tied to an alleged two-decade scheme to dodge paying taxes on $2 billion in income.



source https://www.autonews.com/dealers/tax-evasion-storm-swirls-around-reynolds-ceo

Sunday, 18 October 2020

Subaru sees 2-year delay until return to record growth

The brand's streak of consecutive U.S. sales records ended with the COVID crisis. But the CEO thinks the return of the retail industry will favor his company.



source https://www.autonews.com/sales/subaru-sees-2-year-delay-until-return-record-growth

Normal sales levels two years away, says Audi CEO

Markus Duesmann became CEO this year, just as the industry was shutting down because of the pandemic. He's eager to get the automaker moving forward again.



source https://www.autonews.com/retail/normal-sales-levels-two-years-away-says-audi-ceo

Lordstown taps QB to pitch electric truck's ‘endurance'

The Ohio startup has hired Joe Burrow, the Cincinnati Bengals' rookie quarterback, to be the star of its "Work for it" marketing campaign.



source https://www.autonews.com/marketing/lordstown-taps-qb-pitch-electric-trucks-endurance