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The latest forecast from Cox Automotive puts March new-vehicle sales at 1.547 million, a nearly 7% year-over-year decline, but raises the SAAR from 16.5 million to 16.8 million.
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Is the world ready for Renault Nissan Fiat Chrysler? Sources tell the Financial Times FCA could finally have a buyer once Renault and Nissan’s houses are in order, creating a new global automotive manufacturing powerhouse.
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Maritz and Northwood University announced a program designed to develop the next generation of automotive industry leaders through student internships, guest lectures, and a new scholarship.
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The Supreme Court of Texas has reversed a lower court decision in favor of a Mercedes-Benz dealer who claimed the factory tricked him into purchasing a dealership and won a multimillion-dollar award that was upheld on appeal.
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Acquisitions helped #1 Cochran Automotive and Morgan Auto improve their positions in Automotive News’ most recent list of the nation’s biggest auto retailers, but the top 10 remain entrenched.
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Jiangling Motor must halt production of the Landwind X7, an SUV similar in appearance to the Land Rover Evoque, and pay compensation to Jaguar Land Rover after a Chinese court ruled in the British company’s favor in a landmark copyright suit.
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Renault-Nissan-Mitsubishi has launched Alliance Intelligent Cloud, a new connected-vehicle infrastructure destined for every vehicle the factories sell worldwide.
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Prodigy announced the appointment of former Dealer.com and Clarivoy executive Benjamin Hadley to the role of vice president of strategy.
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Claritas and STAT Analytics have partnered to launch Closemore, a new app and cloud service designed to work with dealership systems to deliver “leading edge” customer information in real time.
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Wantalease.com reports sharp drops and steep increases in average new-vehicle lease payments for March, including aggressive pricing for the Chevrolet Traverse and Ford Fusion.
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