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Automotive News Breaking News Feed
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Marchionne: Industry can hit 54.5-mpg goal
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.
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NADA Chairman Wade addresses 'frustration' over facilities programs
Dealers are expressing 'widespread frustration' over automaker requirements that force them to spend big on renovating their facilities but with little evidence of a payback, said Stephen Wade, in his farewell address as chairman of the...
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Subaru sees 20% sales surge on back of new models
Subaru is targeting a 20 percent surge in sales in the United States to a record 320,000 units in 2012, helped by the debut of such new models as the BRZ sporty coupe and the XV small crossover.
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NADA forecasts nearly 14 million U.S. sales this year
NADA presented a bullish outlook for this year, forecasting that U.S. light-vehicle sales could hit 13.95 million.
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New vehicle leasing rises to 20 percent of U.S. sales in 2011
New light-vehicle leasing increased in 2011 from a year earlier, to 20 percent of U.S. retail sales, according to the Manheim 2012 Used Car Market Report.
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NADA study questions value of factory-driven dealership renovations
The National Automobile Dealers Association's long-awaited study of automakers' facility-renovation mandates concludes they cost too much, produce uncertain results and matter little to shoppers.
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AutoTrader.com said to be in talks for initial public stock offering
AutoTrader, which runs a Web site linking buyers and sellers of new and used cars, is talking to banks about a potential initial public offering, a person with knowledge of the discussions said today.
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Hesterberg says TrueCar.com harms dealers
Group 1 Automotive CEO Earl Hesterberg believes TrueCar.com is harmful to dealers and automakers and questions the online shopping site's value to the industry.
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Under the hood: GM's blueprint for Volt 2.0
The Chevrolet Volt stands as the most heavily promoted -- and harshly scrutinized -- vehicle from General Motors in decades. And that's just version 1.0.
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Majority of Lincoln dealers in key markets agree to renovations, new facilities
More than half of the Lincoln dealers in the top 130 U.S. markets have agreed to improve their dealerships, according to Ford marketing chief Jim Farley.
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