2014年10月13日 星期一

How dealers can block automakers' right of first refusalAuto News

With automakers increasing their use of right of first refusal in buy-sell deals, some dealers want to structure transactions to effectively block its use.



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Lithia predicts Q3 net income gain despite lower used-car profitsAuto News

Lithia Motors expects to report a gain in third-quarter unadjusted net income, boosted by improved new-vehicle sales, service and parts business and FandI revenue, it said in a statement today.



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Exit strategy on Buffett deal? Not so fast, says Larry Van TuylAuto News

Selling to a highly respected outside investor such as Warren Buffett may have been the ideal exit strategy for Van Tuyl Group -- and one of the few exit paths available to such a large automotive retailer these days, said some dealership buy-sell...



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Deaths linked to GM ignition-switch defect rise to 27Auto News

A program to compensate victims of a faulty ignition switch in General Motors vehicles has approved three new death claims, bringing the total number of deaths linked so far to the switch to 27, according to a report released today by the lawyer...



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Fiat Chrysler opens in New York as challenger to Detroit Two Auto News

Fiat Chrysler Automobiles NV's debut on the New York Stock Exchange today gives more investors in the United States the chance to tap into the growing global market for cars and trucks, while also taking a chance on a debt-burdened automaker.



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Ford hiring 850 workers to help build aluminum F-150 pickupAuto News

Ford, on a hiring spree in advance of next year's labor contract negotiations, said it's adding 850 workers at its manufacturing site near Detroit to help make the new aluminum-bodied F-150 pickup.



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Fiat Chrysler opens higher in New York as challenger to Detroit Two Auto News

Fiat Chrysler Automobiles NV's debut on the New York Stock Exchange today gives more investors in the United States the chance to tap into the growing global market for cars and trucks, while also taking a chance on a debt-burdened automaker.



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2014年10月12日 星期日

Mileage march on schedule, EPA saysAuto News

Don't read too much into the slowdown in fuel economy gains, regulators say. The pace should quicken again with the spread of more potent gas-saving technologies.



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Acura takes page from SubaruAuto News

Acura, trying to reinvent itself yet again, is taking a cue from one of America's hottest-selling brands. Honda Motor Co.'



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Factories, dealers clash over canceled store sales Auto News

Automakers are increasingly exercising their right to reject dealers' agreements to sell their stores, putting factories and retailers at odds over the question of what's best for the future of a franchise.



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Demand skyrockets for collision-avoidance sensorsAuto News

Fully autonomous cars may be a decade away, but the sensors they'll need for collision avoidance -- radar, cameras, ultrasound and lidar -- have become a big business already.



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Fiat Chrysler lags rivals in EPA's mpg reportAuto News

The automaker that launched a Dodge this year that can burn up to 1.5 gallons of gasoline a minute finished last in the government's annual report on fuel economy gains.



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Dealership consolidation is coming -- but how fast and how much?Auto News

Dealership consolidation is expected to accelerate as Warren Buffett's entry into automotive retailing attracts more buyers, observers said.



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Ford asks top suppliers for disaster plansAuto News

Ford Motor Co. is asking Tier 1 suppliers to make backup production plans for key plants that could disrupt Ford's vehicle assembly if they shut down.



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Dealers turn to governments for incentivesAuto News

A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements.



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Do-it-all dealer learns to delegate as business growsAuto News

Through long hours and hands-on involvement in every corner of his business, Mike Wood has rapidly built a group of four dealerships in seven years. He has more growth plans.



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In GM bankruptcy, an ex-con and hedge funds find common groundAuto News

Roger Dean Gillispie, a former General Motors security guard, spent 20 years in an Ohio prison for rape until a federal court ordered him released in 2011.



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Fiat Chrysler crowns merger with Wall Street debutAuto News

Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.



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For Tesla, best offense is strong DAuto News

Tesla is applying the tech industry's approach to its cars, setting aside the auto industry's fixed cadence of redesigns and mid-cycle refreshes and adopting the technology industry's more fluid rhythm, offering incremental upgrades as they become...



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Texas dealer Sam Pack thins his vintage car collectionAuto News

Sam Pack, a Dallas-area Ford dealer and antique car collector, will sell 132 of his 473 cherished vintage automobiles at an auction in Dallas on November 15.



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