Fields Confident on Trump (1/28/17)

Fields says Trump ‘going to be good for our industry’; 400 more FCA dealers?; Report:...
from TumblrCynthia Lin

FCA adding as many as 400 U.S. dealerships, sources sayAuto News

Fiat Chrysler is in the midst of adding as many as 400 new U.S. dealerships even as its U.S. sales appear to have stalled, two dealers familiar with the plan and an FCA source said.

from Automotive News Breaking News Feed http://ift.tt/2k1GIdh
Source Auto News

FCA adding up to 400 U.S. storesAuto News

Fiat Chrysler is in the midst of adding as many as 400 new U.S. dealerships even as its U.S. sales appear to have stalled.

from Automotive News Breaking News Feed http://ift.tt/2kvEcMb
Source Auto News

Rock legends want a few good dealers Auto News

Foreigner #8212; yes, Foreigner #8212; the hot-blooded, cold-as-ice jukebox heroes who want to know what love is #8212; are on the prowl for car dealerships to help raise charity funds.

from Automotive News Breaking News Feed http://ift.tt/2jytlCT
Source Auto News

Ford dealers will be key players in mobility pushAuto News

Dealers will play an increasingly greater role as Ford Motor Co. transforms to offer new mobility services, CEO Mark Fields said Friday.

from Automotive News Breaking News Feed http://ift.tt/2jGcgEA
Source Auto News

GM, Honda to announce fuel cell technology advance, report saysAuto News

General Motors and Honda are expected on Monday to announce an expansion of their collaboration on fuel cell technology development, people familiar with the plans told Reuters after a press conference advisory was released.

from Automotive News Breaking News Feed http://ift.tt/2kCRLg5
Source Auto News

Time, Ally honor Carl SwopeAuto News

Carl Swope is the 2017 Time Dealer of the Year. Swope received the award at the National Automobile Dealers Association convention Friday. He owns Swope Toyota in Elizabethtown, Ky.

from Automotive News Breaking News Feed http://ift.tt/2kblFXI
Source Auto News

Expanded VW probe in Germany not prompted by new U.S. evidenceAuto News

German investigators did not rely on evidence provided by U.S. prosecutors when deciding this week to expand a probe into former Volkswagen CEO Martin Winterkorn to include potential fraud charges related to VW's diesel emissions scandal.

from Automotive News Breaking News Feed http://ift.tt/2kb5edZ
Source Auto News

TrueCar still works to mend fencesAuto News

TrueCar started the model year with a heavy refresh.

from Automotive News Breaking News Feed http://ift.tt/2jeqh09
Source Auto News

Sales look great? Beware unhealthy habitsAuto News

Retailers are expressing confidence that 2017 U.S. light-vehicle sales will duplicate 2016's record volumes.

from Automotive News Breaking News Feed http://ift.tt/2k1q65o
Source Auto News

Lynk Out to Shake Up Sales (1/27/17)

Lynk & Co.’s ‘radical’ departure from franchise model; How 4th-gen dealer...
from TumblrCynthia Lin

Young buyers prefer Lynk & CO's direct-sales model, dealers toldAuto News

Alain Visser, senior vice president at Geely's new Lynk and CO unit, told a room full of dealers that the brand is going to offer cars direct-to-consumer through a subscription model, so drivers can replace their vehicles every two years.

from Automotive News Breaking News Feed http://ift.tt/2jegXJm
Source Auto News

Analyst warns of incentives' pressure on used pricesAuto News

Incentive spending, combined with a glut of off-lease vehicles returning to market, could push used prices down by about 4.8 percent this year, the lowest level since the economy was emerging from the recession in 2010, one analyst says.

from Automotive News Breaking News Feed http://ift.tt/2jeeA9u
Source Auto News

Trump says he had 'very good' call with Mexico's Pena NietoAuto News

President Donald Trump said he had a "very good" phone call with Mexican President Enrique Pena Nieto on Friday and agreed to work to improve ties after a meeting between the two leaders was scrapped amid a dispute over funding Trump's planned...

from Automotive News Breaking News Feed http://ift.tt/2kBFV1y
Source Auto News

Audi can prosper in the industry's brave new world, Keogh saysAuto News

Self-driving cars and electric vehicles will present challenges to the industry, but Audi of America President Scott Keogh says they offer huge opportunities for Audi.

from Automotive News Breaking News Feed http://ift.tt/2ku8cYG
Source Auto News

Sonic CEO: We had to adapt or dieAuto News

Sonic Automotive Group had to change how it did business or fail, said CEO Scott Smith. The executve explained his decision to launch One Sonic-One Experience and build the retailer's used-only EchoPark stores.

from Automotive News Breaking News Feed http://ift.tt/2kBPr4X
Source Auto News

Experts: Fresh products set brands apartAuto News

Fresh offerings have become a key differentiator among brands that are doing well and those that are slipping, according to indicators from J.D. Power and the forecasting firm LMC Automotive.

from Automotive News Breaking News Feed http://ift.tt/2jFpvFD
Source Auto News

GM cutting 600 jobs at Canada plant as GMC Terrain moves to MexicoAuto News

General Motors is cutting up to 600 jobs at its CAMI plant in Ingersoll, Ont., Unifor Local 88 President Dan Borthwick said Friday. General Motors announced on Jan. 9 it would move production of its redesigned GMC Terrain to Mexico from Ingersoll.

from Automotive News Breaking News Feed http://ift.tt/2kbLYh7
Source Auto News

Gentex posts small gain in Q4 net incomeAuto News

Mirror and electronics supplier Gentex, hampered by automaker plant shutdowns and inventory adjustments, scraped by in the fourth quarter with a 0.4 percent increase in net income.

from Automotive News Breaking News Feed http://ift.tt/2kuiZSH
Source Auto News

Ford of Europe bracing for $600 million Brexit currency hitAuto News

Ford's 2017 earnings will be hit by a delayed currency impact of at least $600 million from Britain's vote to leave the European Union, the U.S. carmaker told Reuters, putting last year's record European profit levels beyond reach.

from Automotive News Breaking News Feed http://ift.tt/2kan3K2
Source Auto News

VW compliance chief's departure is chairman Poetsch's failureAuto News

The departure of Christine Hohmann-Dennhardt as VW Group's compliance chief suggests her appointment was a cynical publicity stunt to profit from her "brand" as a former judge and from her success in helping to clean up a corruption scandal at...

from Automotive News Breaking News Feed http://ift.tt/2kbg3NC
Source Auto News

Ford aftermarket device will boost connectivity in older modelsAuto News

Ford will offer an aftermarket plug-in device to add new technology to older vehicles.

from Automotive News Breaking News Feed http://ift.tt/2jcisIb
Source Auto News

Jan. auto sales expected to downshift slightly after strong 2016 finishAuto News

U.S. new-vehicle sales, coming off the industry's strongest December in history, are starting 2017 with only a slight slowdown, according to four forecasts issued this week.

from Automotive News Breaking News Feed http://ift.tt/2jx5Ytj
Source Auto News

Ford device to boost connectivity in its models without modemsAuto News

Ford said it would sell a plug-in device to enable features like remote start, security alerts, a Wifi hotspot and vehicle location assistance on 2010-2016 model year Ford and Lincoln cars.

from Automotive News Breaking News Feed http://ift.tt/2k9eqzH
Source Auto News

Finding Leaders and Debunking 'Baloney' (1/27/17)

Dealer Sewell debunks ‘baloney’ about hiring millennials; Rise of digital transactions;...
from TumblrCynthia Lin