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Nov
12th

Kia’s Han-woo Park says design, quality will push Kia to next level

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Han-woo Park says Kia is graduating from its position as a fast follower to being a global leader in such areas as design and quality. The Kia CEO also wants to build up the brand's light-truck lineup.
Nov
12th

Data helps solve pre-owned sales puzzle

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Margin compression in the used-vehicle market has made knowing the intricacies of data more important than ever for dealers.
Nov
12th

GM’s revived credit business helps finance its future

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GM Financial is expected to serve as a fount of profits for General Motors to fund investments in emerging technologies.
Nov
12th

Pennsylvania congressional race another tough job for Boerio

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Former Jaguar chief Bibiana Boerio knew the Pennsylvania congressional seat would be a tough job. It was. She lost 58 percent to 42 percent to Republican Guy Reschenthaler.
Nov
12th

Rivian buys into Normal

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Rivian weighed the choices of greenfield, contract manufacturing or a brownfield site. In the end, Mitsubishi's trained work force made the decision easy.
Nov
12th

VW CEO Diess on FCA’s attentions

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VW CEO Herbert Diess, in a recent interview with Automotive News, said the company was "not very agressive in listening" to the aggressive advances of FCA, which was interested in a possible consolidation.
Nov
12th

Subaru quality problems extend to U.S.

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Subaru has been dogged by rising quality problems in Japan. The lapses are now bleeding into the all-important U.S., and global President Tomomi Nakamura isn't happy.
Nov
12th

Former NFL players’ auto dealerships lose franchises

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A once-prospering dealership group has lost franchises at two of its dealerships in Pennsylvania, while two Michigan dealerships have closed.
Nov
12th

Carvana expansion not impeded by wider losses

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Carvana Co.'s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive.
Nov
12th

Russia sales rise 8% in Oct. as Mitsubishi, Skoda, VW lead gains

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New-car sales in Russia rose 8 percent in October, with Mitsubishi, Skoda, and VW leading gains among the market's major brands.
Nov
12th

VW CEO Herbert Diess says automaker can help make EVs mainstream

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If electric vehicles fail to catch on globally over the next several years, it will be because Volkswagen did not try, CEO Herbert Diess says.
Nov
12th

Swiss dealer group Emil Frey rises to No. 1 on big deal with VW Group

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Switzerland's Emil Frey is now Europe's biggest dealer group based on revenue after its purchase of 275 sites from the Volkswagen Group.
Nov
12th

BMW, Daimler profit warnings hit shareholder value

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Uncertainty over international trading conditions, profit warnings from two leading German automakers and the death of a CEO all contributed to declines seen in the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services...
Nov
12th

VW’s CEO Herbert Diess says big changes are ahead for automaker, ‘big potential’ in United States

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Herbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company.
Nov
12th

Chase Auto unifies marketing, direct lending

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Chase Auto has handed the direct lending reins over to its chief marketing officer. The move is part of its effort to unify its consumer-facing auto business and to present Chase Auto as more of a holistic resource than a traditional auto lender.
Nov
12th

Plan for your future, or plan to cash out, car dealers told

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Presidio Group, a dealership buy-sell advisory firm, recommends that its clients create a conversion plan to serve the future industry or opt to sell their dealerships ahead of predicted dealership disruption from autonomous vehicles.
Nov
12th

Carter Myers Automotive prioritizes female service advisers

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At Carter Myers Automotive, 18 of 40 service advisers #8212; 45 percent #8212; are women. That puts the retailer well beyond its peers, and the dealership group is reaping benefits in parts-and-service sales and customer outreach.
Nov
12th

Findlay Honda creates comfort zone for customers

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Finance directors have different ways of approaching customer interviews. Relying on the sales team works for some, while others want more independence.
Nov
12th

GM’s electric bike business is old hat, er, helmet

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General Motors' announcement that it plans to market a line of electric bikes marks a return to an industry where the company was once a major player.
Nov
12th

Jeep teaser leaks 2020 Wrangler-based pickup debut

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We know Jeep is building a Wrangler-inspired pickup -- it's just a matter of what it'll be named, what it will look like and when it will show up. Well, the folks at JeepScrambler Forum answered one of those questions -- the when.
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