Author: Automotive News n Feed

The average profitability of Mercedes dealerships in 2016 was “roughly on par” with 2015, said Ken Schnitzer, chairman of the Mercedes-Benz Dealer Board. While that was an improvement from 2014, it’s still unsatisfactory for dealers, he says.

Steve Hinkle, chairman of the Volvo Retail Advisory Board, says the success of the redesigned XC90 crossover shows that the brand is on the right road.

Dealertrack launched a business intelligence platform this week that breaks down the dense data that stores compile so that dealers can easily digest it and make informed decisions.

Forty-nine U.S. auto dealers have been nominated by automotive trade associations for the 2017 Time Dealer of the Year award. The nominees were announced by Time and Ally Financial, the sponsor.

Robert Davis is out as senior vice president of Mazda’s U.S. operations as part of a leadership shuffle at the automaker’s North American division, in the wake of a 6.7 percent decline in U.S. sales last year.

Tesla CEO Elon Musk is pressing the Trump administration to adopt a tax on carbon emissions, raising the issue directly with President Donald Trump and U.S. business leaders at a White House meeting Monday regarding manufacturing.

Ford CEO Mark Fields said potential Trump administration tax code revisions, including a possible ‘border tax’ on imports from Mexico, could be positive for the automaker.

The European Commission issued guidance on how EU countries should enforce a ban on defeat devices. EU officials said the move would likely lead to legal action against countries that fail to clamp down on cheating of diesel emissions regulations.

The European Commission issued guidance on how EU countries should enforce a ban on defeat devices. EU officials said the move would likely lead to legal action against countries that fail to clamp down on cheating of diesel emissions regulations.