Sales reporting transparency? Yeah, right
Posted 5:32 pm U.S. ET, Jan. 28
AutoNation CEO Mike Jackson says the auto industry should have used six years of U.S. sales growth to change some of its reporting practices for the better, starting with aligning the industry calendar to the actual calendar and reporting results when the month really ends.
In 2010, AutoNation CEO Mike Jackson told me about being in the office of a sales executive at a domestic automaker years earlier on the closing day of the month. An aide walks in and asks whether the executive wants a rental car deal for 75,000 vehicles assigned to that month or the next one. The exec’s reply: “Hmm, I think we need it this month. Put it in.”
Boom. The automaker ...
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Wait a minute. What? Jeep Wagoneer? Where did that come from?
Posted 6:17 pm U.S. ET, Jan. 27
A 1983 Jeep Wagoneer, one of many built before Chrysler acquired Jeep in 1987.
LARRY P. VELLEQUETTE:
So here’s a question for you to ponder: What’s a Jeep Wagoneer?
In the middle of a lengthy yet remarkably detail free conference call on Wednesday about Fiat Chrysler’s plans to “realign” its North American production plan, CEO Sergio Marchionne dropped this little nugget:
“I think it’s important for us to have found a home for the Grand Wagoneer family ...
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Suzuki shares surge on report of talks with Toyota
Posted 12:55 pm U.S. ET, Jan. 27
| Hans Greimel is Asia editor for Automotive News.|
TOKYO -- Suzuki Motor Corp. shares surged on the Tokyo Stock Exchange today amid speculation the minicar specialist is seeking a new alliance partner after its acrimonious breakup with Volkswagen AG.
The new consort is the German automaker’s top global rival, Toyota Motor Corp., according to a report in Japan’s Nihon Keizai newspaper. Toyota and Suzuki are exploring various tie-up pos ...
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Beware the pitfalls of digital ads
Posted 11:45 am U.S. ET, Jan. 27
| Hannah Lutz covers finance and insurance for Automotive News.|
To steer clear of illegal advertisements, dealers should be mindful of the pitfalls lurking in the digital space.
There has been an industrywide push to put much of the car buying and financing process online, including advertisements. While that’s a good thing for consumers and auto retailers alike, dealers should make sure that online ads don’t come back to haunt them.
State attorn ...
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Why the time has come for a Takata bailout
Posted 2:02 pm U.S. ET, Jan. 26
| Philip Nussel is online editor at Automotive News.|
The Takata airbag recall crisis, which now is measured in terms of years and by the tens of millions in recalled vehicles, has devolved into a metastasizing cancer on the credibility of the world’s auto industry.
With the fatality count last week growing to 10 -- we may never really know how many people have been maimed or killed by Takata’s exploding airbag inflators -- it’s ti ...
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Caddy CT6's lightweight body = big car, small engine
Posted 12:30 pm U.S. ET, Jan. 26
The Cadillac CT6 at the Shanghai auto show in April 2015. (BLOOMBERG)
RAMONA, Calif. -- Of the three engine choices available on the Cadillac CT6 sedan, it was the smallest that seemed to generate the most buzz during a media drive here last week.
The 2.0-liter, four-cylinder turbo kicks out 265 hp, shy of the 272 hp that the same displacement engine produces in the compact Cadillac ATS. But the relative featherweight construction of the CT6 left it with plenty of ...
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Will Volvo's S90L land stateside?
Posted 11:30 am U.S. ET, Jan. 26
The Volvo S90 made its auto show debut in Detroit this month. (BLOOMBERG)
Volvo's revival of the S90 nameplate, dormant since the late 1990s, brings back the brand's aspirations for a luxury flagship to take on the Germans.
Developed on the company's Scalable Product Architecture shared with the XC90 crossover, the S90 will battle the likes of the BMW 5 series, Mercedes-Benz E class and Lexus GS when it lands in stores later in the year.
But is an even more ...
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GM shifts r&d role to meet new realities
Posted 12:30 pm U.S. ET, Jan. 26
Jon Lauckner, GM's chief technical officer, outlined Chevrolet's connectivity initiatives in June 2015 in Detroit.
For most of its existence, General Motors r&d has focused on investigating technologies that might be deployed in automobiles decades down the road.
In the 1950s, for instance, GM was already thinking about how to engineer autonomous vehicles. In the mid-1960s, GM engineers built the world’s first fuel-cell powered automobile, the Electrovan.
About a decade ago, GM’s researchers ...
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SEOUL -- Hyundai Motor Co. is pitching its new Ioniq hybrid vehicle as the anti-hybrid hybrid: a green car with gusto and good looks.
And the compact hatchback delivered on that promise during a test drive this week on the northern outskirts of Seoul.
On largely deserted roads just outside the heavily fortified Demilitarized Zone dividing South Korea from its communist neighbor to the north, the ...