Posted 12:10 pm U.S. ET, Jan. 16
Elon Musk's stake in Tesla is worth $6.7 billion at today's market price. (GLENN TRIEST)
Posted 12:01 am U.S. ET, Jan. 17
Posted 8:00 am U.S. ET, Jan. 19
Mike Accavitti, right, general manager of the Acura division: "I wasn't even hungry. I saw a Taco Bell ad, and gee, I wanted to go to Taco Bell now." (JOE WILSSENS)
Posted 12:22 pm U.S. ET, Jan. 19
Sergio Marchionne on the productivity of the Toledo Jeep workers: "People that do stuff like this deserve something different.” (GLENN TRIEST)
LARRY P. VELLEQUETTE:
Posted 11:00 am U.S. ET, Jan. 20
The 2016 Mazda MX-5 Miata.
Posted 5:26 am U.S. ET, Jan. 21
Posted 11:00 am U.S. ET, Jan. 21
| Douglas A. Bolduc is Managing Editor at Automotive News Europe.|
Volkswagen Group has reason to celebrate after Toyota seemingly conceded the title of world’s largest automaker to its German rival 21 days into the new year.
Toyota said today it expects its sales to slump 1 percent to 10.15 million in the current calendar year because of slowing demand in Japan and emerging markets.
If that happens and VW manages a slight increase on the record 10.14 mil ...
Continue reading "Why VW is closer than ever to global No. 1" »
| Jim Henry is a special correspondent for Automotive News.|
Here’s a lesson for dealerships that run security cameras in the F&I office and elsewhere: Treat all store visitors well.
A used-car dealership outside New Bedford, Mass. probably regrets -- an assumption, because the store’s not answering the phone -- chiseling a pizza delivery guy out of a tip, an episode captured on security cameras that somehow made its way onto social media l ...
Continue reading "The lesson of the pizza delivery man" »
DETROIT -- I’m at the North American International Auto Show sitting in the snug, black leather driver’s seat of the next-generation Mazda MX-5 Miata -- the top-selling, two-seat convertible sports car of all time.
First, I can tell you the MX-5 Miata looks better in the flesh than it does in pictures. The photos I’ve seen make the car look like one of those angry kitchen applia ...
Continue reading "Why tomorrow's sports cars will have mixed pedigree" »
I truly believe that Fiat Chrysler Automobiles CEO Sergio Marchionne would prefer to write a big check and keep the next generation Jeep Wrangler in its historic home in Toledo, Ohio.
The problem? There’s not much wiggle room right now in the corporate checking account.
One brand -- Alfa Romeo -- is in the early stages of a $6 billion makeover to get back in the game and start contributing ...
Continue reading "Why Marchionne's Wrangler conundrum will require creativity" »
TOKYO -- Acura boss Mike Accavitti let a case of the Mexican munchies get the better of him when he conceded Taco Bell was a source of marketing inspiration for his luxury auto marque.
Speaking during a retail marketing panel at the Automotive News World Congress last week, the Bruce Willis doppelganger was asked where he looked to brainstorm new ideas on selling cars.
Outside the industry of co ...
Continue reading "Acura exec drops the chalupa, runs for the border" »
| Jamie LaReau covers the automotive retail beat for Automotive News.|
DETROIT -- Even in good times, there are things that will keep most dealers awake at night.
At the Detroit auto show last week, I sat down with the outgoing chairman of the National Automobile Dealers Association, Forrest McConnell, and the incoming chairman, Bill Fox, to talk about what gives them restless nights.
On the surface everything seems wonderful: Many analysts are calling for a 17 mil ...
Continue reading "What keeps leadership dealers awake at night?" »
DETROIT -- I warned him.
During a chance encounter on Tuesday with Tesla’s Elon Musk before his appearance at the 2015 Automotive News World Congress, I jokingly told him we were going to put a stock ticker on the screen behind him, “so be careful what you say.”
He chuckled and, in his trademark accent, said he should probably say something sort of outrageous.
And he delivered ...
Continue reading "Musk's $481 million paper loss in Detroit" »