Sales

Toyota, Honda begin to rebuild

12:01 am U.S. ET | Feb. 6, 2012
An early trend: Last year's three big sales winners -- Chrysler Group, Hyundai-Kia and Volkswagen of America -- continued to drive the market in January. An early subplot: American Honda and Toyota Motor Sales U.S.A. have begun their long-awaited sales recoveries after a tough 2011.... Read More »
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Toyota, Honda aim for record global sales in 2012

12:01 am U.S. ET | Feb. 6, 2012
Toyota Motor Corp. and Honda Motor Co., the carmakers worst hit by Japan's March earthquake, forecast big rebounds to record global sales this year because of new models and restored supply.... Read More »
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NEWS ANALYSIS

Chrysler breaks through, but there were other winners, too

10:17 pm U.S. ET | Feb. 5, 2012
Last year automotive advertisers emerged from their recession bunkers and flocked back to the Super Bowl. This year, automakers unleashed another flood of ads -- and another bold effort from Chrysler stood out.... Read More »
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Mitsubishi: 20% sales gain by '14

8:32 pm U.S. ET | Feb. 5, 2012
The president of Mitsubishi Motor Sales North America says the company is on target to introduce its first plug-in hybrid SUV in 2013, but said the name isn't certain. "We haven't decided to call it an Outlander or something else," Yoichi Yokozawa, said after the Mitsubishi make meeting Sunday.... Read More »
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BEST OF BEST PRACTICES

At last, used cars drive profits for N.Y. dealer

2:00 pm U.S. ET | Feb. 5, 2012
Suzanne Cochrane, general manager of Helms Bros. Inc. in New York, struggled for years to sell 15 used vehicles a month at the company's Mercedes-Benz dealership. Then in 2009, inspired by a factory-backed program on how to make money on used vehicles, Cochrane made substantial changes to turn the ship around.... Read More »
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Marchionne: Industry can hit 54.5-mpg goal

9:50 pm U.S. ET | Feb. 4, 2012
Chrysler-Fiat CEO Sergio Marchionne said Saturday that the auto industry will need to meet proposed 54.5 mpg standards by 2025, and can do so despite NADA's opposition to the proposal.... Read More »
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DealersMore »

Wade urges timeout on facility plans

12:01 am U.S. ET | Feb. 6 2012
After its long-awaited study of facility-improvement programs, the National Automobile Dealers Association wants automakers to put their programs on hold for review, citing conclusions in the study that they cost too much, produce uncertain results and matter little to shoppers.... Read More »
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Finance & InsuranceMore »

Volvo establishes captive finance arm

4:30 pm U.S. ET | Feb. 5 2012
Volvo Cars of North America is launching a captive finance arm, and services will begin this year. Bank of America will provide funding for Volvo Car Financial Services' financing products.... Read More »
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MarketingMore »

Glaser will head M-B marketing

12:01 am U.S. ET | Feb. 6 2012
Mercedes-Benz USA has shifted Bernhard Glaser, the U.S. company's top product planner for nearly a decade, to its top marketing job. Glaser, 47, fills the post previously held by Steve Cannon, who took over as CEO of Mercedes-Benz USA in January.... Read More »
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RemarketingMore »

Manheim report sees positive trends in leasing

12:01 am U.S. ET | Feb. 6 2012
In 2011, 20 percent of the 10.6 million new vehicles counted as sold in the United States at retail, excluding sales to fleets, were leased, one percentage point higher than in 2010, says the Manheim 2012 Used Car Market Report. More important than the percentage gain, the report concludes, is that the industry got leasing right last year, at least "for the most part."... Read More »
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Service & PartsMore »
FIXED OPERATIONS

Dealer uses service clinics to build loyalty

12:01 am U.S. ET | Feb. 6 2012
Dealer Bob Rountree says that about 70 percent of his new- and used-vehicle buyers at his two Ford Motor Co. stores are repeat customers. Rountree credits much of his success to an epiphany he had 10 years ago: He would offer a service clinic once each quarter to his buyers of both new and used vehicles.... Read More »
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NADAMore »

NADA survey: Hyundai dealers are most satisfied

12:01 am U.S. ET | Feb. 6 2012
Hyundai, Subaru and Lexus dealers are the most satisfied, a National Automobile Dealers Association survey shows. For the third straight survey period, Hyundai finished first overall while Kia was fourth. The twice-yearly survey measures franchised new-car dealers' satisfaction with their brands and the policies of the automakers behind them.... Read More »
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Final AssemblyMore »
FINAL ASSEMBLY

Updated version of 'Rambo Lambo' SUV is on the way

12:01 am U.S. ET | Feb. 6 2012
Before the heyday of big SUVs in the 1990s, Lamborghini departed from its script and introduced the LM002 -- a muscular off-roader that was built in small numbers from 1986 to 1993. The "Rambo Lambo" was seen as an oddity for a company famed for such distinguished high-performance sports cars as the Miura and Countach.... Read More »
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