Author: Automotive News n Feed
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Task force hunts for dealer profitability solutions
Audi of America defied the softening luxury market and maintained its record-setting momentum in 2016. Its dealers are in the middle of a $2 billion dealership construction boom, and the brand’s product pipeline is as full as ever.
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AutoNews Now: Power move for Mitsu, Volvo franchises
Power move for Mitsu, Volvo franchises; ‘Vicious circle’ of higher spiffs, lower used-car prices; Kentucky’s Carl Swope Time Dealer of the Year; How to upstage a comedian?
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GM repeats win for best customer loyalty
General Motors took home top prize in IHS Markit’s Loyalty Awards for the second consecutive year, earning the ‘Overall Loyalty to Manufacturer’ title for the 2016 model year.
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FCA dealers can’t ‘overreact’ to leveling market
Incoming FCA National Dealer Council Chairman Jon Gray says that dealers will have to mind their inventories, hiring practices and sales strategies as they adjust to a market that has plateaued at a very high SAAR.
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No letup in product and profitability drive
Mitsubishi is expanding its lineup to offer crossovers at different sizes and price points that appeal to car buyers at various stages of life. And its U.S. dealers are waiting to hear how the Nissan alliance could affect their business.
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VW dealers ready to move beyond this chapter
Volkswagen’s diesel scandal was an almost unending source of bad news for the company in 2016, and VW dealers suffered mightily.
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Lincoln rides into 2017 on positive momentum
Ford Motor Co. executives have repeatedly stressed that Lincoln’s return to relevancy will be a long journey. Luis Somoano, chairman of the Lincoln National Dealer Council, thinks the biggest step in that journey will come in 2017.
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Porsche can continue to grow — but not too much
Porsche can continue to increase its sales in the U.S., but the key to the brand’s future health will be knowing when the growth is too much.
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Chevy dealers’ goal: Maintain the momentum
Chevrolet increased its retail share for the second year in a row in 2016, as General Motors funneled fewer vehicles to fleet buyers.