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Honda to trim U.S. dealer profit margins

The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»

Category: topSource:  autonewsMar 22nd, 2024

Amazon-Hyundai pilot delays causing dealer frustration, NADA CEO says

A panel discussion at the Automotive News Congress Sept. 24 focused, in part, on the Amazon-Hyundai pilot and dealer distribution models......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Stellantis begins search for Carlos Tavares successor

Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Former Mitsubishi dealer must pay Nissan lending arm $330K debt, Nebraska judge rules

A bankruptcy court judge in Nebraska has refused to dismiss a $331,225 debt a former Mitsubishi dealer and his company owe to floorplan lender Nissan Motor Acceptance Co......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2024

Stellantis said to start search for Carlos Tavares successor

Pressure on Tavares is rising because of Stellantis' poor performance in markets including the U.S., its biggest single profit pool......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2024

American Honda aims to increase CPO leasing mix

The automaker will continue to enhance its leasing programs for used vehicles, a "critical gateway" for young and first-time buyers......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2024

GM uses dealer feedback to implement online sales platform

Nearly 1,000 dealers use General Motors' Digital Retail Platform, which is designed to create a consistent shopping experience and reduce some of the cost required to sell vehicles......»»

Category: topSource:  autonewsRelated NewsSep 20th, 2024

View Photos of the 2025 Honda Civic Hatchback Hybrid

View Photos of the 2025 Honda Civic Hatchback Hybrid.....»»

Category: gadgetSource:  yahooRelated NewsSep 20th, 2024

Honda robotaxi plans uncertain as GM-backed Cruise grapples with crash aftermath

Honda is still weighing whether it can start its ambitious Tokyo robotaxi service on time as its partner in the project, GM's Cruise, deals with a safety scandal and keeps production paused on its self-driving people mover......»»

Category: topSource:  autonewsRelated NewsSep 19th, 2024

Sony-Honda venture shows off Afeela prototype to Amazon employees

The display and demonstrations are yet another way Sony Honda Mobility is hoping to build brand awareness......»»

Category: topSource:  autonewsRelated NewsSep 17th, 2024

"Fight is coming": UAW, VW brace for start of bargaining

Profit sharing, COLA, retirement security, affordable health care and the elimination of tiers appear to be the UAW's focus points for bargaining with VW......»»

Category: topSource:  autonewsRelated NewsSep 16th, 2024

"Fight is coming:" UAW, VW brace for start of bargaining

Profit sharing, COLA, retirement security, affordable health care and the elimination of tiers appear to be the UAW's focus points for bargaining with VW......»»

Category: topSource:  autonewsRelated NewsSep 15th, 2024

Del Grande dealerships get ahead of California turf crackdown with low-water landscaping

When California announced a coming ban on watering ornamental turf, Del Grande Dealer Group made a plan to save water, save money and upgrade its Silicon Valley landscaping with native plants.....»»

Category: topSource:  autonewsRelated NewsSep 14th, 2024

Tesla Cybertruck, Honda Prologue, sky-high incentives boost EV registrations

U.S. electric vehicle registrations surged 18 percent in July as Tesla's numbers improved with the ramp-up of the Cybertruck pickup and Honda's new Prologue crossover broke 3,000, the most recent data shows......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2024

GM has long history of partnering with rivals including Hyundai

An alliance with Honda has lasted for more than two decades and resulted in production of hydrogen fuel cells and electric vehicles, but some other tie-ups quickly fizzled......»»

Category: topSource:  autonewsRelated NewsSep 12th, 2024

GM has long history of partnering with rivals like Hyundai

An alliance with Honda has lasted for more than two decades and resulted in production of hydrogen fuel cells and electric vehicles, but some other tie-ups quickly fizzled......»»

Category: topSource:  autonewsRelated NewsSep 12th, 2024

Michigan Chevy dealer embraces EVs while the industry takes a step back

Bowman Chevy in Michigan says staff training and culture leads to success with EVs......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

Asbury not the only company to battle the FTC instead of settle, attorney says

Jean Noonan, a partner at the Hudson Cook law firm and a former Federal Trade Commission regulator, discusses settling FTC investigations versus fighting them as the car dealer Asbury Automotive Group has done......»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

2025 Hyundai Ioniq 5 EV gets more range, adds XRT trim, qualifies for U.S. tax credit

The freshened Ioniq 5, the first EV to come from Hyundai's Metaplant in Bryan County, Ga., qualifies for a $3,750 federal tax credit......»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Daily 5 report for Sept. 6: Sales reports, dealer sentiment give Fed good reason to cut interest rates

The bottom line, as sales stagnate and inventories rise, is that automakers and their customers need interest rates to come down soon......»»

Category: topSource:  autonewsRelated NewsSep 7th, 2024

2025 Hyundai Ioniq 5 EV gets more range, XRT trim; qualifies for U.S. tax credit

The new Ioniq 5, which is the first EV to come from Hyundai's Metaplant in Bryan County, Ga., will also qualify for a $3,750 federal tax credit......»»

Category: topSource:  autonewsRelated NewsSep 7th, 2024