Entries Tagged as 'Auto News'

Sunday, February 5th, 2012

Saab dealers plan to meet with lawyers

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.

Sunday, February 5th, 2012

Ford honors dealers

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.

Sunday, February 5th, 2012

Ford: Lincoln dealers agree to improve stores

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.

Sunday, February 5th, 2012

New look

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.

Sunday, February 5th, 2012

NADA Chairman Wade addresses ‘frustration’ over facilities programs

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…

Sunday, February 5th, 2012

Hyundai weighs Genesis upscale subbrand

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.

Sunday, February 5th, 2012

Marchionne: Industry can hit 54.5-mpg goal

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.

Sunday, February 5th, 2012

Bosch mulls 77 million euro investment in new Romanian plant

Bosch is considering investing about 77 million euros ($101 million) in a new factory in Romania, the government said. The Romanian government plans to grant state aid to Bosch for a factory in Cluj-Napoca.

Sunday, February 5th, 2012

Chrysler Group sales boss sees ‘room to grow’

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.

Sunday, February 5th, 2012

VW dealers’ profitability, sales per store on the rise

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.