Author: Automotive News n Feed

“Detroiters,” a new sitcom about a Detroit-based ad agency that makes low-budget commercials for local businesses, was inspired in part by one of the city’s most famous dealership ad campaigns.

General Motors projects ‘another strong year’ ahead for itself, despite challenges posed by growing inventories and flattening U.S. sales.

Low fleet activity contributed to the U.S. auto industry’s light-vehicle sales decline in January.

In spring 2016, the idea of used leasing buzzed around the National Automobile Dealers Association convention and the American Financial Services Association Vehicle Finance Conference in Las Vegas.

The maker of Subaru vehicles said spiraling warranty costs, higher incentives and big foreign exchange rate losses sent operating profit plunging 35 percent in the latest quarter.

After gaining subvented loan and lease exclusivity over the past two years, General Motors’ captive finance arm, GM Financial, is eyeing floorplanning and nonsubvented loan share, top executives say.

NCM Associates will launch a service that will vet start-up vendors, as a way to help get innovations into dealers’ hands faster.

FCA’s network expansion is an attempt to build market share. But automakers should not seek to bolster their own fortunes at the expense of their dealers. They’re a team.

Kunes Country Auto Group encourages salespeople to develop their personal social media presence, and gives them the resources to do so.

Dealers are hiring more millennials, but struggling with how to retain them. Experts say it can be done, and here’s how.