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NewsJanuary 7, 2016

Renault-Nissan Issues Four-Year Autonomous Vehicle Schedule

Renault-Nissan Alliance announced this week it will launch more than 10 vehicles with autonomous drive technology in the United States, Europe, Japan and China within the next four years.

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NewsJanuary 7, 2016

AutoNation Reports Higher Sales, Lower Margins

Significant retail discounts drove up both December and fourth-quarter new-vehicle sales for the nation’s largest dealer group, but they also cut into the group’s sales margins, AutoNation officials said this week.

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NewsJanuary 7, 2016

Cox Automotive Canada Acquires Manheim Source Edmonton

Cox Automotive Canada, through its Manheim Canada operation, has acquired complete ownership of Manheim Source Edmonton. The auction will now operate as Manheim Edmonton.

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NewsJanuary 7, 2016

Edmunds, CUneXus Partner to Develop New Car-Buying Solutions

Edmunds is teaming with CUneXus to build new shopping and purchasing solutions. The latter offers a “click-to-accept” consumer loan platform that allows finance sources to deliver loan offers to in-market consumers through their mobile devices.

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NewsJanuary 6, 2016

Goebel, Ziegler to Headline Dealer Summit

Organizers of Dealer Summit announced that Greg Goebel and Jim Ziegler will speak at the 2016 event, which will be held May 3–5 at the Sheraton Tampa Riverwalk Hotel.

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NewsJanuary 6, 2016

FTC Plans to Study the Auto-Buying Experience

On Dec. 29, the Federal Trade Commission announced plans to conduct a qualitative survey of consumers who have purchased and financed an automobile from a dealer within the last six months. If issues are revealed, the agency said it may consider enforcement initiatives or rulemaking.

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NewsJanuary 6, 2016

Wise F&I Adds to Sales Team

The F&I product provider announced the hiring of Amy Counts as an account executive. The 18-year industry veteran has served in various roles at Reynolds and Reynolds and RouteOne.

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NewsJanuary 5, 2016

Subaru, Ford Rank Highest in Loyalty Rates, Experian Reports

Between October 2014 and September 2015, consumers returned to Subaru and Ford more than any other OEM brand, according Experian Automotive.

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NewsJanuary 5, 2016

Mary Barra Named New Chairman of GM

The General Motors Board of Directors has unanimously elected Mary Barra as its next chairman, effective immediately. She succeeds Theodore Solso, who will serve as the board’s lead independent director.

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NewsJanuary 4, 2016

Ally to Offer Leasing on Select McLaren Models

McLaren Automotive North America and Ally Financial have announced a new preferred financing relationship that will allow qualified consumers to lease the new McLaren 570S or 650S.

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