Retail
Like GM, Chrysler should reinstate rejected dealers, lawmaker says
10:43 am U.S. ET | March 10
A senior U.S. lawmaker is calling on Chrysler Group to follow General Motors Co.'s lead and reinstate rejected dealerships. Rep. Chris Van Hollen, the sixth-ranking House member, noted that Chrysler itself has said a strong dealer network is instrumental to the company's growth.... Read More » Comments [0] | Recommendations [0]
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THE TOYOTA RECALL CRISIS
Incentives expected to help Toyota boost sales 30% in March
3:00 pm U.S. ET | March 10
New incentives are boosting Toyota’s U.S. sales big time in early March, and analysts forecast a 30 percent bounce for the full month. After Toyota brand sales fell 10 percent in February as it struggled with safety recalls, on March 1 Toyota Motor Sales U.S.A. Inc.... Read More »
GM’s Suburban gets a free ride in ‘Crazy Heart’
12:35 pm U.S. ET | March 10
So how much did General Motors Co. pay to place a well-worn 1978 Chevrolet Suburban in a prime role in the hit film ‘Crazy Heart’? The truck was driven by leading man Jeff Bridges -- ironically, the voice of Hyundai commercials.... Read More »
- Customers' driver's licenses pose hidden threat to dealers | March 10, 11:02 am U.S. ET
Sales
Whitacre: GM is on track for pre-June loan repayment
4:00 pm U.S. ET | March 10
General Motors Co. will pay back roughly $8 billion in debt to the United States and Canada before June, CEO Ed Whitacre said today. That repayment schedule would be quicker than the automaker has promised.... Read More »
Dealers
THE TOYOTA RECALL CRISIS
Mazda follows Toyota in installing brake override systems
10:59 am U.S. ET | March 9
Mazda Motor Corp. will install brake override systems in new models after Toyota Motor Corp. recalled more than 8 million vehicles amid complaints of unwanted acceleration.... Read More »
Finance & Insurance
FINANCE & INSURANCE
Credit unions emerge from downturn as finance winners
12:01 am U.S. ET | March 8
Dealership managers like J.T. Laughridge are a big reason credit unions are thriving in automotive lending. In the past, Laughridge, general manager of Terry Reid Kia in Cartersville, Ga., didn't work with credit unions much.... Read More »
Marketing
FINAL ASSEMBLY
On the night of the Oscars, Hyundai loses its voice
12:01 am U.S. ET | March 8
Hyundai was all ready to bombard Sunday night's Oscars with a raft of commercials -- seven different spots were locked, loaded and ready to go. But with just a few weeks to go before the ceremony, the company was told its commercials were a no-go.... Read More »
Remarketing
SmartAuction will handle used-car disputes
12:01 am U.S. ET | March 8
GMAC Financial Services now will arbitrate disputes for dealers who find previously undisclosed problems with vehicles they bought through GMAC's SmartAuction online remarketing channel -- no matter the seller.... Read More »
Service & Parts
THE TOYOTA RECALL CRISIS
Toyota gets a court stay on executive testimony in Mich. suit
12:01 am U.S. ET | March 10
A Michigan appeals court today granted a stay requested by Toyota Motor Corp. that delays testimony by two top U.S. company executives in a case about a crash that killed a woman driving a Camry in 2008.... Read More »
NADA
Store profits up in '09; cost cuts help offset weak revenues
12:01 am U.S. ET | March 1
The average U.S. dealership's profits rose sharply last year despite lower overall revenues and fewer unit sales industrywide. The average dealership's net pretax profit margin rose to 1.5 percent in 2009 from 1.... Read More »
Automotive News TV
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Toyota spiffs paying off
Cadillac going rogue?
The clunkers effect
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Cadillac going rogue?
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