Author: Automotive News n Feed
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Auto shows are great places to expose consumers to F&I
Introducing FandI products to customers at an auto show, where they’re relaxed and admiring cars they’d love to have, could lead to an easier sell for FandI managers down the line.
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Shoppers will pay more for the right tech, study finds
Car shoppers, especially millennials, are willing to pay more for the technology they want in a vehicle, a study found. And those who plan to finance their vehicle are willing to pay slightly more than cash buyers.
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U.S. to remain Germany’s top export destination despite Trump
German industry expects the United States to remain its most important export destination this year despite protectionist threats from President-elect Donald Trump, Germany’s Chamber of Commerce and Industry said on Wednesday.
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GM’s $1 billion investment plan to take toll on American Axle
General Motors’ plan to invest $1 billion into U.S. factories and add thousands of jobs comes at the expense of one Detroit supplier.
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Germany’s auto industry warns ‘hard Brexit’ will stifle UK investment
Germany’s automakers warned that uncertainty about future tariffs in the wake of a “hard Brexit” could deter investment in Britain over a number of years, hampering their largest export market.
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Ross tells Canada that U.S. will open NAFTA negotiations, report says
Canadian officials say billionaire Wilbur Ross, the nominee for US commerce secretary, has indicated to them that a formal-notification letter to open negotiations on NAFTA will be sent to Canada and Mexico within days of the inauguration of…
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First Shift: 5 automakers unite to boost hydrogen
Toyota, four rivals unite to boost hydrogen; NAFTA exit would cost jobs, CAR warns; Ex-GM exec joins Trump team; More products for Tesla plant; Visteon keeps it simple; New Ram ads.
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Opel will unveil Crossland X next month
Opel/Vauxhall will debut the Crossland X, a small crossover that replaces its Meriva minivan, in Berlin on Feb. 1 as part of the General Motors unit’s latest product offensive.
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VW Group ordered to take back emissions-cheating Skoda by German court
Volkswagen Group has been ordered by a German court to take back a Skoda Yeti caught up in its emissions scandal and pay the buyer the full price of his car.
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VW delays China Audi, SAIC deal until 2018
Volkswagen Group says it will not produce or sell any Audi cars with SAIC in China until at least 2018, seeking first to strengthen ties with existing Audi partner FAW.