North America, long the earnings engine for Subaru, suddenly turned into a drag on global profits amid spiraling incentives due to increased crossover competition.
Rebounding profits in North America helped troubled Mitsubishi Motors Corp. jump back into the black in the just-finished fiscal year, as the recovering Japanese automaker rode a tail wind of surging sales, big cost cuts and favorable exchange rates.
One more sign that automakers are under pressure from a spate of new industry challenges #8212; their relations with suppliers have worsened.
Georgia dealership partners with Union Auto Program for union-member leads, smoother transactions.
Although political affiliation plays a role in a state attorney general's likelihood of pursuing auto retail compliance cases, other factors can also have an effect.
In the debut episode of Season 3 of the "Futurismo" podcast, the Shift team travels to Austin for South by Southwest, the eclectic arts and technology festival, to find out how the conversation around the future of transportation is bigger...
Automakers and others sense an opportunity to create a national high-octane standard that satisfies Big Oil, agribusiness, regulators and the auto industry.
All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales.
Under Chip Perry, TrueCar is not a different company, but it's a very different brand, casting itself more clearly as the friend of the auto dealer. In the process, TrueCar gave up some of what made it distinctive in a sea of lead generators.
As thorny as Genesis' retail rework has been, the U.S. dealer showdown is just one of many trials testing global brand chief Manfred Fitzgerald as he births a luxury brand.
German markets regulator BaFin is reviewing whether to impose fines after it found that transactions to buy a 9.69 percent stake in Daimler on behalf of Li Shufu, chairman of Chinese carmaker Geely, should have been disclosed earlier.
German markets regulator BaFin is reviewing whether to impose fines after it found that transactions to buy a 9.69 percent stake in Daimler on behalf of Li Shufu, chairman of Chinese automaker Geely, should have been disclosed earlier.
The only Ferrari dealership in Michigan is set to show off a $5 million expansion when it opens for business Monday inside a 53,000-square-foot store in the Detroit suburbs.
Akio Toyoda, warning that his company is locked in a 'life-or-death battle,' says Toyota Motor Corp. must redouble cost-cutting its efforts even as it books a record profit.
In a rare interview, Wolfgang Porsche, spokesman for the influential Porsche-Piech family that controls VW Group, talked about VW's leadership and the future of the Porsche brand.
Thousands of Porsche enthusiasts gathering in California this fall give the automaker the perfect chance to sell the brand's most loyal consumers on its new EV offerings.
The repeal of the Bureau of Consumer Financial Protection's auto loan guidance would be a victory for dealers and lenders, but other regulators will keep an eye on auto lending. The celebration should be short-lived.
Akio Toyoda, warning that his company is locked in a 'life-or-death battle,' says Toyota must redouble cost-cutting efforts even as it books a record profit.
In a rare interview, Wolfgang Porsche, spokesman for the influential Porsche-Piech family that controls Volkswagen Group, talked about VW's past and future leadership and the future of the Porsche brand.
News
12 May, 2018
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