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Automotive News Automaker News Feed » Marchionne: Industry can hit 54.5-mpg goal

Posted 32 minutes ago

Chrysler-Fiat CEO Sergio Marchionne said Saturday that the auto industry will need to meet proposed 54.5 mpg standards by 2025, and can do so despite NADA's opposition to the proposal. [Link]

Automotive News Automaker News Feed » Hyundai weighs Genesis upscale subbrand

Posted 32 minutes ago

Hyundai may market its premium vehicles under a Genesis subbrand to further distinguish its upscale cars from its mainstream vehicles, the brand's U.S. sales boss said. [Link]

Automotive News Automaker News Feed » NADA Chairman Wade addresses 'frustration' over facilities programs

Posted 32 minutes ago

Dealers are expressing 'widespread frustration' over automaker requirements that force them to spend big on renovating their facilities but with little evidence of a payback, said Stephen Wade, in his farewell address as chairman of the... [Link]

Automotive News Automaker News Feed » New look

Posted 32 minutes ago

Dealers visit the Toyota Image USA II prototype facility display at the Toyota stand Saturday. About 550 of Toyota's 1,200 stores have completed the renovation with another 120 slated for this year. [Link]

Automotive News Automaker News Feed » Ford: Lincoln dealers agree to improve stores

Posted 32 minutes ago

More than half of the Lincoln dealers in the top 130 U.S. markets have agreed to improve their dealerships, according to Ford marketing chief Jim Farley. [Link]

Automotive News Automaker News Feed » Ford honors dealers

Posted 32 minutes ago

Jim Farley, left, Ford Motor Co.'s marketing chief, presents an award to Gus Machado, a Florida Ford dealer, at Ford's Salute to Dealers celebration, which honors dealers who serve their communities. [Link]

Automotive News Automaker News Feed » Saab dealers plan to meet with lawyers

Posted 32 minutes ago

A group of Saab dealers will meet with lawyers Sunday before what is likely Saab's final make meeting Monday. The dealers are grappling with issues surrounding the Swedish carmaker's bankruptcy. [Link]

Automotive News Automaker News Feed » Is GM's image program fair? Depends who you ask

Posted 32 minutes ago

In the battle between dealers and automakers over facility image programs, General Motors has taken the most shrapnel. [Link]

Automotive News Automaker News Feed » VW dealers' profitability, sales per store on the rise

Posted 32 minutes ago

Profitability and throughput for Volkswagen Group of America dealers are improving, despite the fact that they are selling their highest-volume vehicles at lower prices. [Link]

Automotive News Automaker News Feed » Chrysler Group sales boss sees 'room to grow'

Posted 32 minutes ago

Chrysler Group's head of U.S. sales said the automaker and its dealers have "plenty of room to grow." Reid Bigland, also CEO of Dodge brand, cited Chrysler's 11.1 percent market share in 2011 as a sign of its potential. [Link]

Automotive News Used Vehicles News Feed » Used-car prices likely to rise 2%

Posted 93 minutes ago

Used-vehicle prices will rise on average about 2 percent byyear end, with prices peaking in April, Jonathan Banks, executive automotive analyst at NADA Used Car Guide, predicts. That's on top of a 3 percent average increase in 2011, he says. [Link]

Automotive News Used Vehicles News Feed » New vehicle leasing rises to 20 percent of U.S. sales in 2011

Posted 93 minutes ago

New light-vehicle leasing increased in 2011 from a year earlier, to 20 percent of U.S. retail sales, according to the Manheim 2012 Used Car Market Report. [Link]

Automotive News Automaker News Feed » On the record

Posted 25 hours ago

"It's the most unsexy corporate mantra ever." -- JOHN KRAFCIK, CEO of Hyundai Motor America, referring to the automaker's founding principles of "diligence, frugality and harmony" [Link]

Automotive News Automaker News Feed » Ford honors dealers who made a difference in their communities

Posted 25 hours ago

Ford Motor Co. has honored six dealers for dedication to their communities. Ford's Salute to Dealers, conducted under the guidance of Edsel Ford II, a member of Ford's board, was held here Friday. [Link]

Automotive News Automaker News Feed » GM moves Small from fleet sales to head of U.S. dealer network

Posted 25 hours ago

General Motors has named Brian Small general director of its U.S. dealer network. Small, 56, replaces Jim Bunnell, 56, who was named to a newly created position as head of the dealer network for GM Europe, GM said. [Link]

Automotive News Automaker News Feed » Mopar extras

Posted 25 hours ago

Chrysler Group is introducing optional service area equipment for dealerships that highlight the automaker's Mopar parts brand. [Link]

Automotive News Automaker News Feed » Krafcik: Capacity crimps Hyundai

Posted 25 hours ago

Hyundai Motor America, which doubled the industry's 10 percent sales gain in 2011, will not see similar gains this year, its top executive said. [Link]

Automotive News Automaker News Feed » Chrysler opens 17 dealerships in California

Posted 25 hours ago

Peter Grady, Chrysler Group's vice president for network development and fleet, says he is making progress rebuilding dealerships and sales in California. The automaker dropped many dealerships in the state in the 2009 bankruptcy. [Link]

Automotive News Automaker News Feed » SPX, Aker Wade will develop EV fast chargers

Posted 25 hours ago

SPX Service Solutions and Aker Wade Power Technologies plan to jointly develop EV fast chargers for the global vehicle market, the companies said today. [Link]

Automotive News Automaker News Feed » Report: Eastwood's Chrysler ad will be pep talk for the nation

Posted 25 hours ago

Chrysler plans a two-minute Super Bowl commercial featuring Clint Eastwood giving the country a pep talk, sources told The Wall Street Journal today. [Link]

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