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NADA

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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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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Q&A: STEPHEN WADE,OUTGOING NADA CHAIRMAN

Wade hopes facility study brings dealers, factories closer

12:01 am U.S. ET | Feb. 6, 2012
Stephen Wade had some notable accomplishments during his year as chairman of the National Automobile Dealers Association, but he admits there is more work to do. A study examining automakers' dealership facility requirements was commissioned on his watch.... Read More »
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Subaru promises adequate inventories

9:58 pm U.S. ET | Feb. 5, 2012
Subaru of America reassured dealers today that inventory will not be a problem in the future and that it will meet or exceed its U.S. sales goal of 320,000.... Read More »
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Farley: Ford dealers had 'most profitable year ever' in 2011

8:35 pm U.S. ET | Feb. 5, 2012
Ford Motor dealers racked up record profits in 2011, said Jim Farley, Ford's vice president of global marketing, sales and service.... Read More »
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Kia dealers will get 100,000 more units

7:26 pm U.S. ET | Feb. 5, 2012
Kia promised dealers 100,000 more units this year than last year in an effort to keep up the brand's momentum. “It's a work in progress, but that's our goal,” said Tom Loveless, vice president of sales for Kia Motors America.... Read More »
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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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DealersMore »

More dealers bring hunt for leads in-house

12:01 am U.S. ET | Feb. 6 2012
A growing number of dealers say they are drifting away from the third-party Internet lead providers that have dominated online vehicle marketing for 15 years. Partly it's because they want "cleaner" online referrals -- no duplicates or 12-year-olds with a new computer -- and they want better closing rates from leads.... 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 »

Used-car prices likely to rise 2%

8:01 pm U.S. ET | Feb. 4 2012
Used-vehicle prices will rise on average about 2 percent byyear end, with prices peaking in April, Jonathan Banks, executive automotive analyst at NADA Used Car Guide, predicts. That's on top of a 3 percent average increase in 2011, he says.... 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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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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