Auto dealers' floorplanning revenue dries up as interest rates riseAuto News

Floorplan expense in the United States flipped to a cost this year for the first time in eight years. Dealers all knew the low-interest-rate environment wouldn't last forever. Now they are exploring ways to mitigate the cost.

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AutoNation Inc, others feel profit pinch from new BMW, Honda incentivesAuto News

Four of the six public dealership group peers are feeling a new-vehicle profit margin squeeze driven by BMW and Honda.

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Automakers can't risk big mpg retreatAuto News

With California and other states mobilizing in the courts to fight the new proposal on public-health grounds, automakers can't risk too much of a pullback.

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Incentives erase sales increase at MazdaAuto News

Mazda reports a 17 percent drop in operating profit in the most recent quarter as rising incentives, foreign exchange rate losses and increased investment in U.S. retail network reforms offset higher sales volume and aggressive cost cutting.

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Ruling against Jerry Durant Auto Group offers lesson for dealersAuto News

The road to becoming a dealer can be fraught with pitfalls and obstacles, as dealership general manager Andrew Anderson found out.

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Why the auto industry is abuzz about #39;4.0'Auto News

It's about gaining visibility into the entire manufacturing and logistics enterprise to see what's happening and make informed decisions about it.

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Uber exits trucks to focus on 'sweet spot'Auto News

Uber's surprise shuttering of its self-driving trucks program reveals more about what is happening inside the company than the state of autonomous truck technology.

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As auto sales slip, factories stay disciplinedAuto News

Automakers have so far dealt with the downturn in an adult manner #8212; anxious, apparently, to preserve the health of the market even at lower volume.

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Sonic opts to sell stores rather than revamp themAuto News

Sonic Automotive executives have been critical of pricey automaker dealership demands. The retailer's latest divestitures show what Sonic is doing about it.

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Toyota profits dragged down by incentivesAuto News

The high cost of incentives in North America dampened Toyota Motor Corp.'s mostly rosy global profit report last week, although the automaker said it has now eased off the spending throttle.

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Porsche confirms specs for 2020 Taycan, Tesla Model S fighterAuto News

Porsche has confirmed a few specs for the 2020 Taycan, the Tesla Model S fighter slated to go on sale next year.

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Audi to unveil e-tron version of R8 at Pebble BeachAuto News

Audi will unveil an electric supercar concept that could signal the company is ready to add an e-tron version of its R8 supercar or even replace it altogether.

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Traverse City conference: Auto industry experts share their visions of what's aheadAuto News

At the Management Briefing Seminars last week in Michigan, the annual high-level "big think" held by the Center for Automotive Research, executives, engineering leaders, consultants and automotive startup entrepreneurs agreed on one recurring point:...

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Priority 1 Automotive Group tests no-haggle, Internet salesAuto News

Officials at Priority 1 Automotive Group say they're confident the no-haggle system, paired with a new digital storefront and a laser focus on customer satisfaction, will boost results.

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Mexico floods hurt Honda Motor Co. salesAuto News

A flooded Honda factory in Mexico will dent sales and earnings results for months to come. The forecast clouded a solid quarterly earnings report.

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Dealerships in Charlotte and Duluth turns leads into salesAuto News

Two dealerships -- Sonju Two Harbors near Duluth, Minn., and Scott Clark Toyota in suburban Charlotte, N.C. -- demonstrate how leads can turn into sales.

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Lithia Motors Inc cuts underperforming dealershipsAuto News

After acquiring scores of dealerships across the country in recent years, Lithia is now scrutinizing its store network for underperformers and will sell nearly a dozen.

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