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Updated: 15 hours 10 min ago

Asbury Automotive exits its used-only operations

Tue, 2017-07-25 16:32
Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.
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Asbury's Q2 net drops 13% to $32 million

Tue, 2017-07-25 12:54
Asbury Automotive's second-quarter net income dropped 13 percent to $31.9 million on lower profit margins per new and used vehicles sold.
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Subaru sets modest price hike for '18 Impreza

Tue, 2017-07-25 12:49
Subaru's fifth-generation Impreza is off to a strong start in the U.S. after a redesign last year, and the automaker isn't changing the starting price much for the 2018 model.
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Tesla Model S regains top safety rating with software update, Consumer Reports says

Tue, 2017-07-25 12:11
Tesla provided an over-the-air update in July to its software on the Model S to include automatic emergency braking at highway speeds.
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Like it or not, signs signal change for auto retail

Tue, 2017-07-25 11:49
Car dealers need to prepare for a new way of selling as consumers may not desire car ownership in the future.
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Tesla buyers antsy for Model 3 keys months after $1,000 deposit

Tue, 2017-07-25 08:52
Thousands of Tesla Model 3 reservation holders are in limbo, with deposits paid but little clarity about the status of their car -- when they'll get it or what they'll pay.
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Toyota's hydrogen holdup means East Coasters miss out on Mirai

Mon, 2017-07-24 10:30
Toyota, off to a slow start selling its car of the future on one U.S. coast, is struggling even to get started on the other.
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Chevy Impala at risk as large sedans shrink into oblivion

Mon, 2017-07-24 01:01
The Chevy Impala -- one of GM's longest-running and most-recognized names, a car that logged more than 1 million U.S. sales in 1965 -- appears unlikely to survive much longer.
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Crossovers and SUVs fatten profit margins

Mon, 2017-07-24 01:01
Across segments from subcompact to full-size, average transaction prices for SUVs and crossovers in the first half of 2017 ran well higher than similar-size sedans and hatchbacks, an analysis of Kelley Blue Book data shows.
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Mercedes unveils its take on classic pickup

Mon, 2017-07-24 01:01
The X class, Mercedes' first pickup, will hit dealerships in Germany starting in November and will then be rolled out to South Africa, Australia and New Zealand in 2018 and Latin America the following year. There are no plans for the U.S.
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Facilities should match the market

Mon, 2017-07-24 01:01
The mistake manufacturers make is they don't allow market-appropriate facilities. What makes sense in a major market can be a financial death sentence in flyover country.
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Opel defends inclusion of employee leases in sales data

Sun, 2017-07-23 07:23
Opel defended the inclusion in its sales data of cars pre-registered by the company and leased by company workers, retirees and their families.
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Private-equity firm GPB Capital thrives under the radar

Sun, 2017-07-23 01:01
GPB Capital, a private-equity group, has quietly grown to 66 dealerships. Now they're ready to start talking about who they are and how they operate.
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Some Dodge dealers give in to Demon temptation

Sun, 2017-07-23 01:01
Some, but not all, Dodge dealers are seeking market adjustments that would nearly double the price for the limited-edition drag racer.
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FCA's restated sales show some big swings

Sun, 2017-07-23 01:01
A review of the data points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales.
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Who will order car subscriptions?

Sat, 2017-07-22 01:01
Vehicle subscription services are emerging as a new slice of the car-sharing market, and industry leaders are still trying to figure out which model will work best.
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GM puts the brakes on portions of headquarters project

Fri, 2017-07-21 12:28
GM has mothballed plans for one of the more eye-catching portions of its 120,000-square-foot addition and renovation of its world headquarters, the Renaissance Center in downtown Detroit.
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UAW, GM 'talking' about impact of slumping car sales on U.S. jobs

Thu, 2017-07-20 17:07
The president of the UAW expressed concern about the impact of weak U.S. car sales at GM on auto plants and jobs.
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First Shift: Volvo to invest in sibling Lynk and CO

Thu, 2017-07-20 09:15
Volvo to invest in sibling Lynk and CO; Audi in hot water over ad; Judge allows VW bondholder suit to proceed; NAFTA talks to begin mid-August; Next Nissan Leaf to sport 'e-Pedal.'
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Chrysler will only tout minivan's electric plug in California

Thu, 2017-07-20 08:00
Fiat Chrysler has taken a curious approach to marketing the only minivan in the U.S. that can run on a rechargeable battery: just call the Pacifica model a hybrid, and leave out the plug-in part.
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