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......»»
"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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
Why are U.S. dealers getting more pessimistic about the market? This Cox Q3 poll gives clues
Pessimism crept into franchised car dealers' outlooks during the third quarter, according to a Cox Automotive Dealer Sentiment Index poll, which also found that interest rates and consumers' political uncertainty continue to burden dealerships......»»
Toyota dealer gathering to focus on partnership, products, says brand head Dave Christ
Toyota dealers will gather for their national dealer meeting in Las Vegas on Sept. 10-11 to discuss the Japanese brand's upcoming products and strategy, while dealers may want to question the brand about a spate of embarrassing recalls......»»
New breed of used-car dealer caters to the fast and furious generation
Legal imports of 25-year-old cars from Japan and Europe have grown from fewer than 300 in 2009 to around 20,000 per year. A new breed of used-car dealer is catering to the fast and furious generation......»»
Insurance companies sue Honda, N.Y. dealership to recoup payout from Pilot fire
Three insurance companies are suing American Honda Motor and a New York dealership to recoup more than $1 million they paid for damages caused when a service customer's parked vehicle caught fire......»»
Volvo lowers 2026 profit margin target
Volvo, like other automakers, is seeing slowing demand for EVs due in part to high sticker prices and is also bracing for the effects of extra EU tariffs on EVs made in China......»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»
Ford dealer waives $20,000 repair bill for lawn-mowing charity
Anderson Ford in Lincoln, Neb., responded when it heard that Rodney Smith's van broke down while he was delivering free lawn mowers to teenagers around the country......»»
Hybrids, crossovers drive Toyota, Honda, Hyundai, Kia to August U.S. sales gains
U.S. auto sales are projected to rise 7 to 8 percent last month, analysts estimated, with average transaction prices falling as inventory rises and incentives increase......»»
Meet the aerospace engineer helping guide Honda Racing Corp. USA"s future
It's a notable time at Honda Racing both in the U.S. and in Japan. Honda will supply engines and partner with Aston Martin's Formula One team starting in 2026......»»
2025 Hyundai Ioniq 5 evolves in a more outdoorsy direction
The 2025 Hyundai Ioniq 5 gains an off-road-inspired trim level, more range, and NACS charging compatibility......»»