Category Archives: Uncategorized
EPA, NHTSA hearing schedule on CAFE draws protest
WASHINGTON — Federal and state regulators next week will host four listening sessions on a contentious proposal that would weaken federal fuel economy and emission standards. But now the review itself is becoming a bone of contention, with critics accusing the Trump administration of trying to hasten the process toward a predetermined outcome. The critique
Dealer groups' lost sales likely to be offset by rebound in Hurricane Florence's wake, analysts say
Hurricane Florence is disrupting automotive retailers, but the problems could be offset by rebounding sales before year end, according to two analyst reports. Financial services firm Stephens said it considered top dealership groups’ exposure based on their percentage of vehicle mix in affected areas, and concluded that the most exposed groups are Asbury Automotive Group
Canadian official visiting U.S. to talk NAFTA as time runs short
Robert Lighthizer, U.S. trade representative, speaks to Chrystia Freeland, minister of foreign affairs earlier this year. Photo credit: Bloomberg OTTAWA — Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington on Tuesday for another round of talks to renew the NAFTA trade pact, an official said on Monday, as time
Profit fears darken outlook of car dealers, survey finds
Photo credit: AUTOMOTIVE NEWS ILLUSTRATION Threats of tariffs on imported vehicles and parts have U.S. dealers worried about hits to their business should the extra tax be implemented. More than half of franchised dealers answering the Cox Automotive Dealer Sentiment Index survey for the third quarter expect that tariffs would negatively impact future profits. That
Ford stops national ads for sedans, including Fusion still in production
LaNeve: “Obviously, we can’t let the dealers just sit on the inventory. We’ll keep them competitive on incentives.” DETROIT — As Ford Motor Co.’s car cull takes effect, its dealer network will have to figure out how to sell any remaining Blue Oval-badged sedans without the help of national advertising campaigns. Ford has ended all
Porsche, Mercedes sell the experience now, car later
At the Porsche Experience Center in Atlanta, visitors can arrange on-road or off-road driving sessions in their favorite Porsche model. ATLANTA — With sharp angles and curved glass walls, Porsche’s U.S. headquarters is a striking $ 100 million piece of design. The investment is already paying off in publicity. Since opening in 2015, the 27-acre
