NADA
NEWS ANALYSIS

NADA shows it can close the deal

12:01 am U.S. ET | June 28
The National Automobile Dealers Association is back as a muscular force on Capitol Hill. A year ago, the group was slow in coming to the defense of dealers targeted for closing by General Motors and Chrysler. Part of the reason was that its membership was split between rejected stores and those that survived.... Read More »
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Advertising

Looking for the hip and nifty at NADA

12:01 am U.S. ET | March 1
Dealers walking the exhibition floor at the National Automobile Dealers Association convention in Orlando were met by vendors offering new ways to cut costs, tap social media and monitor their business operations using a smart phone.... Read More »
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NADA CONVENTION

NADA sales forecast: 11.9 million this year

12:01 am U.S. ET | Feb. 22
Powered by the improving economy, U.S. sales of cars and light trucks likely will rise 14 percent this year to 11.9 million vehicles and will go higher next year, the chief economist of the National Automobile Dealers Association predicts.... Read More »
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NADA CONVENTION

Tonkin: NADA will be noticed

12:01 am U.S. ET | Feb. 22
Dealers who questioned whether the National Automobile Dealers Association adequately defended dealers' interests last year will see a lot more of the group in 2010, said Ed Tonkin, who became NADA chairman Feb. 15.... Read More »
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NADA CONVENTION

Business, bonding and blues

12:01 am U.S. ET | Feb. 22
Auto people like to talk business -- and party. At the NADA convention in Orlando, they got both, although the party scene was subdued -- befitting a lean industry still climbing out of a nasty recession.... Read More »
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NADA CONVENTION

Hyundai ups Tucson build for U.S.

12:01 am U.S. ET | Feb. 22
Hyundai Motor Co. will boost Tucson production in South Korea to meet rising demand for the redesigned crossover, said John Krafcik, CEO of Hyundai Motor America.... Read More »
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Sales

AutoNation to bid on ‘multiple' Fiat franchises

10:46 am U.S. ET | Sept. 2
AutoNation Inc. said today it plans to bid on "multiple" Fiat franchises after Chrysler unveiled its plans for the brand to dealers at a meeting in Detroit on Monday. COO Michael Maroone said he was impressed with the presentation. AutoNation intends to seek multiple Fiat franchises, although it hasn't determined how many or where, he said.... Read More »
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Dealers

Lincoln future product and branding tops Ford's to-do list

2:53 pm U.S. ET | Sept. 3
Ford plans to further differentiate the Lincoln and Ford division product lineups, while giving the luxury Lincoln brand a “point of view,” company leaders promise. Ford is also planning for fewer Lincoln dealerships in major metro areas.... Read More »
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Finance & Insurance
FINANCE & INSURANCE

Sonic tries no-haggle F&I prices

12:01 am U.S. ET | Aug. 25
Sonic Automotive Inc., the nation's second-largest dealership group, will begin a test of no-haggle pricing at finance and insurance offices in two markets on Sept. 1. The pilot is part of the publicly held retailer's effort to make shopping faster and easier for customers, says Jeff Dyke, Sonic's executive vice president. Haggling lengthens the transaction time.... Read More »
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Marketing

Ford's Raptor pickup boasts bigger engine, more seats

8:44 am U.S. ET | Sept. 3
Ford dealers begin taking orders today for the 2011 F-150 SVT Raptor pickup, featuring a larger standard engine and more seating capacity. For starters, all 2011 Raptors will come standard with a 6.2-liter V-8, rated at 411 hp and 434 lb-ft of torque. The 6.2-liter engine was an option on the 2010 Raptor, while a 320-hp 5.4-liter V-8 was the base engine.... Read More »
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Remarketing

Prices of used SUVs, crossovers surge 30% from last year, Edmunds says

4:12 pm U.S. ET | Aug. 20
Some used SUVs and crossover vehicles are selling at retail for 30 percent more than they did last year, in a sign of how high used-vehicle prices remain. But on average, prices of used vehicles retreated again in July from record levels this spring.... Read More »
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Service & Parts

Kia recalls Souls and Sorentos for fire risk

2:58 pm U.S. ET | Sept. 2
Kia Motors America said today it is recalling about 35,000 2010-11 Souls and Sorentos because faulty wiring harnesses could short and cause a fire. The recall affects about 23,972 2010 Soul compact crossovers equipped with a special lighting system that includes illuminated front speakers in the interior door panel.... Read More »
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