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.
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.
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.
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.
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…
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.
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.
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.
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.
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.
