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Showing posts from January, 2021

How a Honda store nobody wanted led to a big jackpot

A bankrupt old L.A. dealership delivered a big payday for three business partners who had the patience and vision to bring it back to life. from Section Page News - Automotive News https://ift.tt/3t8B5ND via IFTTT

Next big step for Toyota's SmartPath

The expansion of the automaker's digital suite allows customers, for the first time, to complete a new-vehicle purchase without ever having to set foot in a showroom. from Section Page News - Automotive News https://ift.tt/3rbOGC6 via IFTTT

After record profits amid pandemic, dealer outlook soars for '21

Ten months ago dealers braced themselves for a financial hit as the coronavirus pandemic started to wash across the U.S. It never materialized. An Automotive News survey of dealership executives illustrates the boon. from Section Page News - Automotive News https://ift.tt/3cu5OyQ via IFTTT

Online sales push may refine omnichannel retail

Fully digital auto sales may be a ways off, but the technology and digital processes that dealerships adopted during the pandemic may improve their online-to-in-store transition. from Section Page News - Automotive News https://ift.tt/2YwyezR via IFTTT

Buick-GMC dealers excited by new products

After significant product launches and redesigns in 2020, dealers are eager for this year's wave of big-ticket vehicles: the Hummer electric pickup and redesigned Envision crossover. from Section Page News - Automotive News https://ift.tt/3tfLwPu via IFTTT

Separate showrooms boost Lincoln sales in down year

Retail sales at new brand-exclusive dealerships rose about 25 percent despite the pandemic in 2020, and 51 more standalone stores are scheduled to open by the end of next year. from Section Page News - Automotive News https://ift.tt/36LQCcL via IFTTT

MDX takes Acura to higher ground

Among the new features on the fourth-generation crossover are soft-close windows that slow down in the final millimeters of travel. It's a small touch, but it illustrates the Japanese brand's upmarket intentions. from Section Page News - Automotive News https://ift.tt/3j4OKQZ via IFTTT

BMW, Mercedes prepare to duke it out over EVs

The German rivals have been battling each other in nearly every vehicle segment for decades. Now they are about to square off for a new fight -- even as many consumers remain wary of electric vehicles. from Section Page News - Automotive News https://ift.tt/36LQA4D via IFTTT

Lithia said to be near deal to buy Michigan's Suburban Collection

The purchase would give the nation's third-largest dealership group a big Midwest foothold as it continues an aggressive growth strategy. from Section Page News - Automotive News https://ift.tt/3oB1CQ6 via IFTTT

Fernando is faster than you: In defence of Ferrari's race fix

In denying Felipe Massa a morale-boosting win one year after his horrific Hungary accident and bringing Formula 1 into disrepute with cloak-and-dagger team orders, Ferrari's call to hand the 2010 German Grand Prix to Fernando Alonso was widely unpopular. But, as LUKE SMITH argues, hindsight proved it was the right decision from All news - Autosport https://ift.tt/2McaZZz via IFTTT

Old-school Cadillac dealership takes offramp from EV future

Downtown Louisville's Brown Bros. Cadillac — with a showroom decked out in gold chandeliers, stained-glass windows and marble fireplace — is among the more than 175 dealerships that aren't sticking around for an all-electric future. Remaining dealers are learning what upgrades they need. from Section Page News - Automotive News https://ift.tt/2MbA4Us via IFTTT

Legal fears led Nissan exec to flip on Ghosn

In the Tokyo trial over whether Nissan executives conspired to conceal the former chairman's pay from public view, Hari Nada says he flipped on his boss partly to stop financial wrongdoing and partly to save his own skin. from Section Page News - Automotive News https://ift.tt/2MDctf1 via IFTTT

Mark Fields: With new tech arriving, revenue still looks ‘far out'

Mark Fields, senior adviser at TPG Capital, spoke with Publisher Jason Stein during AN's Shift Mobility Forum about the technological complexities and cost-intensive requirements of a variety of mobility trends. from Section Page News - Automotive News https://ift.tt/3oAyFUg via IFTTT

Nissan trims output at Miss. plant amid tight chip supplies

Frontier and Titan pickup production was idled two days this month and is also scheduled to be down on Feb. 8, a memo indicates. Altima assembly has also been reduced at the plant. from Section Page News - Automotive News https://ift.tt/2MIz3mn via IFTTT

Judge approves UAW consent decree, begins process to name monitor

The union will be placed under oversight for a period of six years following a federal corruption probe that has so far resulted in charges against 15 people, including the UAW's past two presidents. from Section Page News - Automotive News https://ift.tt/39xp8t5 via IFTTT

Judge approves UAW consent decree, begins process to name independent monitor

The union will be placed under oversight for a period of six years following a federal corruption investigation that has so far resulted in charges against 15 people, including its past two presidents. from Section Page News - Automotive News https://ift.tt/3cooNdW via IFTTT

Ford, Trek, Bosch partner on bicycle-to-vehicle communication

It's an important collaboration considering the number of vulnerable road users, such as cyclists, pedestrians and scooter riders. It's also timely given the increased interest in bike and scooter ridership since the onset of the pandemic last spring. from Section Page News - Automotive News https://ift.tt/36owWes via IFTTT

Ford, Trek, Bosch and others partner on bicycle-to-vehicle communication

It's an important collaboration considering the number of vulnerable road users, such as cyclists, pedestrians and scooter riders. It's also timely given the increased interest in bike and scooter ridership since the onset of the pandemic last spring. from Section Page News - Automotive News https://ift.tt/3iYKum6 via IFTTT

Vendors scramble to bolster digital auto retailing tools

During the coronavirus pandemic, software giants and startups alike realized dealership clients needed more from their products than they had to offer — a way for customers to completely, legally, purchase a vehicle online. They got busy. from Section Page News - Automotive News https://ift.tt/3al0Ul3 via IFTTT

Honda Ridgeline moves toward the mainstream

The 2021 pickup goes on sale this week with a move toward a more mainstream look. from Section Page News - Automotive News https://ift.tt/39y575I via IFTTT

Jaguar Land Rover quarterly profit up on China, cost reductions

JLR's pretax profit rose to 439 million pounds ($603 million) helped by a turnaround program and higher than expected sales of its new-generation Land Rover Defender. from Section Page News - Automotive News https://ift.tt/36nF8eZ via IFTTT

U.S. to press Taiwan, industry leaders to resolve auto chip crunch

The virtual conference scheduled for Thursday would be the most high-profile meeting between newly appointed Biden administration officials and their counterparts from Taipei. from Section Page News - Automotive News https://ift.tt/2L5iHnG via IFTTT

Hyundai wrestles with the risks of embracing Apple, report says

Some Hyundai executives are raising concerns about becoming a contract manufacturer for the U.S. tech giant if the automaker builds Apple's electric car. from Section Page News - Automotive News https://ift.tt/39vCaay via IFTTT

Aston Martin adds former Ford execs to board

The appointment of the high-profile auto executives, including Richard Parry-Jones and Anne Stevens, adds "great value" to Aston Martin, said the automaker's chairman, Lawrence Stroll. from Section Page News - Automotive News https://ift.tt/3clzXjv via IFTTT

Ford cuts 2 shifts for 1 week at Chicago plant because of chip shortage

Output of the Ford Explorer, one of the company's top sellers, and Lincoln Aviator will be temporarily reduced as tight supplies of microchips worldwide continues to disrupt manufacturers. from Section Page News - Automotive News https://ift.tt/3pxiloF via IFTTT

Ford cuts 2 shifts for 1 week at Chicago plant because of chip shortage

Output of the Ford Explorer, one of Ford's top sellers, and Lincoln Aviator will be temporarily reduced as tight supplies of microchips worldwide continues to disrupt manufacturers. from Section Page News - Automotive News https://ift.tt/3pxiloF via IFTTT