NADA
NEWS ANALYSIS
NADA shows it can close the deal
12:01 am U.S. ET | June 28
The National Automobile Dealers Association is back as a muscular force on Capitol Hill. A year ago, the group was slow in coming to the defense of dealers targeted for closing by General Motors and Chrysler. Part of the reason was that its membership was split between rejected stores and those that survived.... Read More » Comments [0] | Recommendations [0]
AdvertisingLooking for the hip and nifty at NADA
12:01 am U.S. ET | March 1
Dealers walking the exhibition floor at the National Automobile Dealers Association convention in Orlando were met by vendors offering new ways to cut costs, tap social media and monitor their business operations using a smart phone.... Read More »NADA CONVENTION
NADA sales forecast: 11.9 million this year
12:01 am U.S. ET | Feb. 22
Powered by the improving economy, U.S. sales of cars and light trucks likely will rise 14 percent this year to 11.9 million vehicles and will go higher next year, the chief economist of the National Automobile Dealers Association predicts.... Read More »NADA CONVENTION
Tonkin: NADA will be noticed
12:01 am U.S. ET | Feb. 22
Dealers who questioned whether the National Automobile Dealers Association adequately defended dealers' interests last year will see a lot more of the group in 2010, said Ed Tonkin, who became NADA chairman Feb. 15.... Read More »NADA CONVENTION
Business, bonding and blues
12:01 am U.S. ET | Feb. 22
Auto people like to talk business -- and party. At the NADA convention in Orlando, they got both, although the party scene was subdued -- befitting a lean industry still climbing out of a nasty recession.... Read More »NADA CONVENTION
Hyundai ups Tucson build for U.S.
12:01 am U.S. ET | Feb. 22
Hyundai Motor Co. will boost Tucson production in South Korea to meet rising demand for the redesigned crossover, said John Krafcik, CEO of Hyundai Motor America.... Read More »- CEO: Asbury's lean, looking to buy stores
Charles Oglesby says 2010 is looking up. The CEO of Asbury Automotive Group Inc.
Feb. 22, 12:01 am U.S. ET - What Lithia's DeBoer wants in a carmaker
Sid DeBoer, 64, is CEO of Lithia Motors Inc., a publicly traded group of 86 auto dealerships in 12 states. This month Lithia made a preliminary estimate of 2009 sales totaling $1.8 billion to $1.
Feb. 22, 12:01 am U.S. ET - Ford strives to speed up inventory flow
Ford Motor Co. executives told dealers that the automaker is working on ways to get them a steadier supply of products.
Feb. 22, 12:01 am U.S. ET - Chrysler dealers hunker, wait for products
Dealers who attended the Chrysler make meeting are hunkering down, waiting for a wave of new products in the works.
Feb. 22, 12:01 am U.S. ET - Kia aims to boost U.S. sales 10% this year
Kia will continue to be aggressive in the United States this year, executives told dealers at the make meeting.
Feb. 22, 12:01 am U.S. ET - Audi U.S. chief: Profit means more than hitting sales goal
Despite Audi's oft-stated plans to sell 200,000 vehicles in the United States by 2018, the luxury brand's North American chief says profitable growth is more important.
Feb. 22, 12:01 am U.S. ET - Subaru dealers: We need cars | Feb. 22
- After quiet '09, Mazda will crank up ads | Feb. 22
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Sales
AUGUST U.S. SALES
U.S. auto demand falls to weakest level since February
11:02 am U.S. ET | Sept. 1
U.S. auto sales dropped to their weakest rate since February as most automakers posted sharp declines from a year earlier, when the U.S. cash-for-clunkers program fueled demand for new vehicles. August's seasonally adjusted annual sales rate of 10.8 million units fell from 11.6 million in July and was well below analysts' forecasts.... Read More »
Dealers
Congressman who sponsored dealer exemption may be investigated over fundraising
2:36 pm U.S. ET | Sept. 1
Rep. John Campbell, a California Republican who is a former auto dealer, said the House's independent ethics arm has recommended that he be investigated for possible violations involving fundraising.... Read More »
Finance & Insurance
FINANCE & INSURANCE
Sonic tries no-haggle F&I prices
12:01 am U.S. ET | Aug. 25
Sonic Automotive Inc., the nation's second-largest dealership group, will begin a test of no-haggle pricing at finance and insurance offices in two markets on Sept. 1. The pilot is part of the publicly held retailer's effort to make shopping faster and easier for customers, says Jeff Dyke, Sonic's executive vice president. Haggling lengthens the transaction time.... Read More »
Marketing
Ford to drive on 'Vampire Diaries' to tap twist on social media
1:10 pm U.S. ET | Aug. 31
A Ford Fiesta won't crop up in CW's "Vampire Diaries" until early October, but the automaker is trying to get people to talk about it now, even though the fan-favorite show's second season won't hit the screen until Sept. 9.... Read More »
Remarketing
Prices of used SUVs, crossovers surge 30% from last year, Edmunds says
4:12 pm U.S. ET | Aug. 20
Some used SUVs and crossover vehicles are selling at retail for 30 percent more than they did last year, in a sign of how high used-vehicle prices remain. But on average, prices of used vehicles retreated again in July from record levels this spring.... Read More »
Service & Parts
Hyundai Sonata steering probed by U.S. regulators
2:16 pm U.S. ET | Aug. 31
U.S. safety regulators have opened a preliminary investigation into claims Hyundai Motor Co.'s best-selling car in America, the 2011 Sonata sedan, may have steering problems. There have been no injuries or accidents reported to the National Highway Traffic Safety Administration or Hyundai regarding the steering issue, government and company officials said.... Read More »
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