Automotive Business Review

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News, blogs and commentary from the leader in North American automotive news
Mis à jour : il y a 3 min 49 sec

AutoNation swipes at third-party car sites as it builds digital footprint

il y a 7 heures 29 min
AutoNation wants to reduce its dependency on online lead generators and third-party shopping sites.

Asbury 1st-quarter sales, continuing-operations profit rise

il y a 7 heures 55 min
Asbury Automotive Group reported a 3 percent profit slide for the first quarter of 2014, but improvements in all parts of the business drove profits from continuing operations up sharply.

CPO sales rise 11% in 1st quarter

il y a 8 heures 9 min
Industrywide sales of certified used vehicles rose 11 percent in the first quarter from the year-earlier level, with many companies registering double-digit increases.

Jaguar, Land Rover, Ford gain in blue-sky store values

il y a 8 heures 13 min
Jaguar, Land Rover and Ford saw their blue-sky multiples increase in the second half, according to a study by a dealership buy/sell advisory firm. But BMW, Mini, Hyundai, VW and Mazda saw theirs decrease.

GM owners claim bankruptcy fraud to keep recall suits alive

il y a 8 heures 22 min
GM's request for court protection from 50 car-owner lawsuits seeking compensation for millions of recalled autos with defective ignition switches was attacked as legally 'unsupportable.'

2015 Ford Mustang order guide hints at key options

il y a 8 heures 51 min
The 2015 Ford Mustang order guide is now available to U.S. dealers and the options include a lot of familiar stuff such as racing stripes and tech packages.

GM's 1st-quarter profit to take hit from recalls

il y a 9 heures 40 min
This was supposed to be the year when GM made a record $10 billion in profit. But the company, rocked by a recall crisis, will be hard pressed to avoid posting a loss when first-quarter earnings are released on Thursday.

Showa latest supplier to plead guilty to price-fixing, will pay $19.9 million

il y a 10 heures 53 min
Showa has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a million fine, the Justice Department said today.

J.D. Power to buy Korrelate to measure digital ad spending effectiveness

il y a 12 heures 55 min
J.D. Power is acquiring analytics company Korrelate in a move to measure consumer online shopping behaviors and trends, the company said today.

JCI Q1 profit rises 59% on increase in automotive business

il y a 14 heures 58 min
Johnson Controls reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit.

Asbury to open 2 used-vehicle stores; COO to retire

il y a 15 heures 20 min
Asbury Automotive said today it will open two stand-alone used-vehicle stores later this year. The company plans to open the two used-vehicle stores in Florida under the 'Q auto' brand name.

Tesla seeks workers for ex-Chrysler property in Calif.

il y a 15 heures 33 min
Tesla Motors Inc. has leased an idled parts-distribution center in rural California where it plans to hire engineers and technicians as the maker of luxury electric cars expands operations.

Opel CEO targets No. 2 sales position in Europe in comeback drive

il y a 16 heures 36 min
GM's Opel brand is targeting second place in deliveries in Europe in the coming years as new models attract buyers. Opel currently is the third-largest brand in the region, behind VW and Ford, according to data from the ACEA trade group.

Toyota's global sales top VW, GM for 3rd straight quarter

il y a 17 heures 44 min
Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.

Toyota outsells VW, GM for 3rd straight quarter

il y a 17 heures 44 min
Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.

Fields to take Ford wheel at prime stage

il y a 22 heures 54 min
When Mark Fields took charge of Ford's Americas operations nine years ago, it was a major repair job with record losses and a brush with bankruptcy. Today, Ford's North American operations are the envy of the industry.

Corvette museum may keep some damaged 'Vettes, sinkhole on permanent display

il y a 22 heures 54 min
GM and National Corvette Museum officials will meet next month to determine which of eight Corvettes damaged after plunging into a major sinkhole on Feb 12 are fit to be restored.

Toyota shifts gears to lift Prius' prospects in China

il y a 22 heures 54 min
Toyota's Prius hybrid is the best-selling gasoline-electric vehicle in the world. In China, it's about as rare as the endangered giant panda.

Mulally said to line up board post after Ford

il y a 22 heures 54 min
Ford CEO Alan Mulally is lining up a substantial corporate position for his next act, probably as a board director or chairman, according to people with knowledge of his plans.

Sen. Blumenthal wants to quiz former GM CEOs on recalls

22 avr. 2014 - 21:20
Former General Motors CEOs and other executives should be called to testify to before Congress about the company's slow response to defective ignition switches in cars that have been linked to at least 13 deaths, a Democratic senator said on Tuesday.

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Concéption Tommaso Pardi
Administration Stéphane Heim

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