Category: Motor Age Articles
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Embrace change, Maroone tells dealers
In his first public appearance since leaving AutoNation’s chief operating post four years ago, Mike Maroone shared this advice with his auto retail peers: be agents for change.
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Berkshire Hathaway Automotive on the hunt
Berkshire Hathaway Automotive, quiet since its 2015 acquisition of Van Tuyl Group, is actively seeking dealerships to buy and sees an advantage ahead in the next industry cycle.
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Ford, Mercedes at top of the class for dealers, Cox says
Ford narrowly topped Toyota, and Mercedes-Benz ranked just above Lexus on the luxury side in Cox Automotive’s Retail Brand Scorecards Study. Top-scoring brands are poised to be winners in a changing market, Cox says.
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Higher new-vehicle prices fuel used sales
Speaking at the J.D. Power Automotive Summit, Jonathan Banks, vice president of vehicle valuations and analytics for J.D. Power, said Generation Z buyers are increasingly unable to afford new vehicles, and would rather look for bigger vehicles with mor…
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As product mix shifts, loyalty dips
Shifting consumer preferences last year halted a five-year run in improving brand loyalty across the industry.
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Cadillac expects to snap 3-year U.S. sales skid
Deborah Wahl, Cadillac’s chief marketing officer, said the brand’s sales should soar on the back of new crossovers such as the XT4 and XT6.
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Power analyst: There’s gold in used
At a time of falling industry sales and softening margins, used vehicle sales may offer franchised new-car dealers a big opportunity, says J.D. Power executive Thomas King.
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Russia’s Yandex has created what may be the most aggressive AV tech
Yandex, a giant Russian search-engine firm that also runs a taxi booking service in more than 100 cities, started working on autonomous technology in 2016 and formally started a self-driving development program in January 2017.
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GM to build new V8 engine at Tennessee plant
General Motors said it will invest $22 million at its Tennessee plant to build new fuel-efficient V8 engines for GM’s large pickups and SUVs.
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GM to build new V-8 engine at Tennessee plant
General Motors said it will invest $22 million at its Tennessee plant to build new fuel-efficient V-8 engines for GM’s large pickups and SUVs.