Stanton: NADA ‘relentless" in dealer advocacy
For Mike Stanton — NADA's former COO who became its chief executive on Jan. 1, following the retirement of Peter Welch — politics, autos and the great unknowns facing both are familiar topics to the Washington, D.C., native......»»
Former auto dealer Bernie Moreno, with Trump support, wins GOP U.S. Senate primary in Ohio
Moreno said at his victory party that he had spoken with Donald Trump and thanked him for his support......»»
Franchised used-car dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Honda Canada to slash dealer margins by up to 44%, several dealers say
Honda Canada would not confirm the details nor address questions about the changes to margin for its close to 250 dealers across the country. In a statement, the company said it does not “share the details of our business relationship with our deal.....»»
Franchised dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
‘Trust, but verify" helps dealer group cut customers" service wait times
Auto Services Unlimited's low-cost auditing practice has cut wait times significantly and is scalable, the chain's fixed operations director says......»»
VW ID Buzz output to remain in Germany
U.S. pricing on the ID Buzz has not been finalized but will be key for dealer and VW profitability......»»
Farley, top Ford execs hit road to hear dealers" concerns
The tour comes as dealer trust levels within Ford have plummeted as the company faces continued quality woes and questions over its electrification strategy......»»
Electric Fiat 500e drawing dealer interest ahead of launch
The brand's buzz-building strategy has prompted some dealers to ask about adding the single-vehicle line, Fiat North America chief Aamir Ahmed said......»»
Asbury sells Lexus store and Baxter Auto adds Toyota dealership in Q1, Q4 deals
Asbury Automotive Group Inc. sold a Lexus dealership, Baxter Auto bought a Toyota dealership and a Puerto Rico dealer bought his first U.S. mainland store......»»
Op-ed: Charges against journalist Tim Burke are a hack job
Burke was indicted after sharing outtakes of a Fox News interview. Enlarge (credit: natasaadzic/Getty) Caitlin Vogus is the deputy director of advocacy at Freedom of the Press Foundation and a First Amendment lawyer......»»
Technology can boost dealership efficiency in a softening market
Reynolds President Chris Walsh spoke with Automotive News Executive Editor Jamie Butters during the NADA Show in Las Vegas......»»
Cars Commerce CEO wants dealers to avoid ‘third-party widgets"
Speaking at the 2024 NADA Show in Las Vegas, Cars Commerce CEO Alex Vetter sounded off on retailer technology trends, issues and priorities for the coming year......»»
Upgraded Mitsubishi site lets customers search for cars they"re prequalified to buy
Mitsubishi has partnered with Santander Consumer USA on an online tool allowing shoppers to get preapproved for car loans and filter dealer inventory to the vehicles the consumer can afford on those approved terms. The new-vehicle prequalification fe.....»»
Fewer new-car dealerships, higher sales in 2023 lead to boost in throughput
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to Automotive News' annual Dealer Census......»»
Porsche dealer lists Tesla Cybertruck at $289,999 after buying for $244,000 at auction
The CEO of car wholesaler givemethevin.com said more Cybertrucks are heading toward auction. Tesla has an anti-flipping clause with a potential $50,000 penalty for the original buyer......»»
Dealer Census finds fewer dealerships, higher throughput in 2023
There were more exclusive dealerships in 2023 than in 2022, and the average new-vehicle sales per franchise rose, according to ' annual Dealer Census......»»
Amazon, Hyundai partnership causing concern among dealers, survey says
U.S. dealers have mixed feelings about how the partnership between Hyundai Motor and Amazon will affect the industry, according to results from Automotive News' 2024 Dealer Outlook Survey......»»
Jeep CEO turnaround plan features price cuts, ‘freedom of choice" amid EV transition
Jeep is cutting prices on some of its key models and taking new approaches to marketing, branding and dealer relations in an effort to turn around the brand's flagging sales in North America......»»
Online brand advocacy and Gen Z consumer behavior
Understanding the dynamics of online brand advocacy is increasingly important in today's digital landscape, particularly for businesses targeting Generation Z (Gen Z) consumers. A study in the International Journal of Internet Marketing and Advertisi.....»»
Report: Galaxy Ring Unveiling Set for July, Features ECG and NFC Payments
Samsung was cheeky earlier this year when it teased the Galaxy Ring wearable for a half second at the end of its Galaxy S24 launch event. They told us nothing about the device. No launch date, no specs, no nada. In a recent report out of Samsung̵.....»»