Author: Automotive News n Feed
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AutoNews Now: Lynk out to shake up sales
Lynk and Co.’s ‘radical’ departure from franchise model; How 4th-gen dealer group beat the odds; GM job cuts in Canada; Ford plugging new tech into older cars; Benz revamp.
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Fabre confident about the market and Infiniti
The U.S. economy is strong, the market for new cars and trucks is robust and the demand for premium-brand products continues to grow.
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By ’18, ‘Hyundai is going to be back on the map’
If Hyundai were a sports team, 2016 and 2017 would be viewed as “rebuilding years” ahead of big things planned for the rest of the decade.
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Nissan brand plans to grow with light trucks
Jeff Rosen, owner of two Nissan stores in Wisconsin, is in his third year as chairman of the Nissan National Dealer Advisory.
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Dealers always looking for new opportunities
Mickey Anderson was chairman of the National Toyota Dealers’ Advisory Council for the last two years ending in December at a time when sales were so strong that dealers sometimes had more customers than SUVs to sell to them.
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Kia dealers want to reverse their slumping profits
Kia’s 2016 performance was a glass-half-full/glass-half-empty proposition. Sales were up nicely — particularly impressive considering Kia’s lineup is light on light trucks. But dealer profits dropped about 16 percent for the year.
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Mazda dealers look to recover from a rough 2016
Mazda Motor Corp.’s U.S. dealers had a tough 2016 as sales slumped, eroding dealer profitability and leading to high days supply of inventory.
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Acura dealers hope to reverse sliding profitability
Like their Honda brethren, Acura dealers last year were preoccupied with resolving Takata problems for customers, and the ripple effects drove down profits nationwide.
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Dealers want new products, more brand awareness
Michael Vadasz has served as chairman of the Mini National Dealer Council since March 2014. As general manager of his family’s dealership Otto’s Mini, in Exton, Pa.