Soros Next Mega-Dealer? (1/25/15)

Reps from billionaire’s investment fund make rounds at NADA; Fox takes helm; make-meeting...

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George Soros' Wall Street fund shops for dealership groupsAuto News

Wall Street fund Soros Fund Management wants to partner in, invest in or outright buy a large auto dealership group, according to four sources familiar with the situation.



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Buick, GMC, riding truck wave, aim for more share gainAuto News

Buick and GMC are out to gain U.S. market share again this year by riding momentum in truck and crossover sales.



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VW dealers welcome profit-focused messageAuto News

Volkswagen of America executives told dealers to expect a small uptick in U.S. sales this year as they await the early 2017 arrival of two North America-built crossovers and the promise of larger sales growth to follow.



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Volvo dealers embrace U.S. management shiftAuto News

Dealers applaud the recent management change at Volvo Cars of North America and said having a senior executive from the home office in Sweden at the helm assures quick responses on all issues -- including product and retail support -- and signals a...



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GM and Ally compete to grow FandIAuto News

GM is on a hiring binge to build a direct sales force for its branded FandI products as the company seeks a foothold in the competitive space.



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At Kia, the No. 2 sales exec for U.S. is outAuto News

A year after the last major shakeup at Kia Motors America, the Korean automaker's No. 2 U.S. sales executive parted ways with the company this week.



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GM, Ally each move to bolster FandI businessAuto News

GM is on a hiring binge to build a direct sales force for its branded FandI products as the company seeks a foothold in the competitive space.



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BMW modernizes operations as sales riseAuto News

BMW is investing behind the scenes in North America to support its rising U.S. sales volume. Last week, the company opened a regional parts distribution center in Redlands, Calif.



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Mercedes to send U.S. dealers greater share of global outputAuto News

Mercedes-Benz dealers will receive a greater share of the brand's global production this year after experiencing tight supplies in 2014, U.S. chief Steve Cannon said Saturday.



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Lincoln, counting on Black Label for conquests, to expand program to more statesAuto News

Lincoln's new Black Label program, which offers customized themes and an elite level of customer service, is helping the brand make conquest sales and will expand to dealerships in more states in the second half of 2015, executives with the...



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Honda bets on redesigned trucks to boost U.S. salesAuto News

Honda expects to beat last year's 1 percent U.S. sales increase as it breathes new life into its truck lineup in 2015.



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Cadillac chief strives to reassure anxious dealers Auto News

Cadillac President Johan de Nysschen sought to reassure dealers at the brand's make meeting that he isn't out to eliminate stores, though he offered few details about the broad facility-investment plan that he outlined earlier this week.



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Ford dealers want U.S. market share backAuto News

Ford's new sales chiefs aim to recapture the 1 point of U.S. market share that the brand gave up in the past year.



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Kia recalls nearly 87,000 Forte sedans in U.S. due to fire riskAuto News

Kia is recalling 86,880 Forte sedans in the US because a cooling fan resistor may overheat and melt, increasing the risk of a fire, according to documents filed by federal auto safety regulators.



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Subaru dealers seek more cars even as growth slowsAuto News

Subaru dealers told the factory they want more cars as the brand heads into what's promised to be another record year.



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Busting Millennial 'Myths' (1/24/15)

Young people actually do want cars, MTV study finds; no ‘subprime bubble,’ lending...

from TumblrCynthia Lin

Mini dealers to keep popular customer satisfaction program; sales expected to return to '13 levelsAuto News

Mini told its US dealers Saturday that the brand will continue its popular 'Motorer Obsession' program that reimburses dealers when they go above and beyond the call to exceed customer's expectations.



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Chevy banks on new models to end stretch of U.S. share lossAuto News

Chevrolet this year expects to snap its string of three straight years of US market share declines by capitalizing on its revitalized truck lineup, as the brand moves to put its safety-recall problems behind it.



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GM, Ally move to bolster FandI businessAuto News

GM is on a hiring binge to build a direct sales force for its branded FandI products as the company seeks a foothold in the competitive space.



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Many auto brands pass on Super Bowl adsAuto News

Acura is sitting out the Super Bowl ad extravaganza because the brand doesn't have message or the vehicle launches this year that merit buying onto such a big stage. And more automakers than not have reached the same conclusion this year.



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Porsche recalls 13,500 Cayennes, Panameras to fix fuel-seal flawAuto News

Porsche is recalling about 13,500 vehicles worldwide to fix a seal that may allow fuel to evaporate.



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