Industry

Larry Dominique is not one to get distracted — not even by a once-in-a-century pandemic and a potentially career-disrupting corporate merger. The 36-year auto industry veteran is focused on a single mission — orchestrating the return to the U.S. by France’s PSA Group with the Peugeot brand after nearly three decades. The owner of Peugeot,
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The 2021 NADA Show must go on — but it may be time to declare it virtual only. As the coronavirus continues to spread, National Automobile Dealers Association leaders are weighing whether they can safely gather Jan. 21-24 in New Orleans. It isn’t looking good. In recent weeks, more in-person industry events have been canceled
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DETROIT — Buick is positioning its newest vehicle, the 2020 Encore GX, to overtake its top-selling U.S. nameplate, the Encore. Over the past year, Buick has eliminated the upper trim levels of the Encore, which is now down to only the base model. Buick says reducing the number of trims helped increase sales last year,
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The location of Tesla Inc.’s next U.S. assembly plant ultimately was decided by asking employees one question: Where do you want to live? “I went around the room with my team and said, ‘Where do you want to spend time? Where would you potentially move?’ ” CEO Elon Musk told Automotive News. “Austin was their top
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Automotive News‘ annual deep dive into the industry’s vehicle plans over the next few years, the Future Product Pipeline series, shows an accelerating trend: the culling of car models and variants from automakers’ U.S. lineups as brands simplify their offerings in a bid to improve efficiency while attempting to satiate consumers’ myriad tastes. In recent
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If dealerships haven’t adopted a digital retailing process today, they will be at a disadvantage, some dealers say — and not just during a potential second coronavirus wave. The benefits of accelerated digital retailing during the pandemic extend beyond insulating dealerships from the potential of renewed state restrictions on in-person vehicle sales to slow the
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German carmaker Audi has apologised for an ad showing a little girl eating a banana in front of a high-performance car, which drew a torrent of criticism on Twitter. “We hear you and let’s get this straight: We care for children,” Audi tweeted in its apology. “We sincerely apologize for this insensitive image and ensure
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In the middle of the Mojave Desert, between Southern California and Las Vegas, lies the future of electric vehicle charging. An EVgo station in Baker, Calif., promises a refueling experience that’s about as close to a gas station for EVs as currently possible. In fact, no EV on the market can handle all the power
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Japan’s big three automakers are dropping models and refreshing their lineups as the marketplace shifts to more crossovers and greater electrification looms. Among the disappearing models: Honda’s Fit and Civic coupe, the Toyota Yaris and possibly Nissan’s once segment-leading Versa. But a new generation of products is in the wings. Nissan will introduce its second
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Tesla CEO Elon Musk says the company conducted “zero” consumer research when designing its upcoming Cybertruck. He says he doesn’t pay attention to competitors or know anything about other electric vehicles on the market. And criticism that the Autopilot name is misleading for Tesla’s driver-assist system, which has been linked to a number of accidents?
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Many Chevrolet and GMC vehicles are getting bigger and more high-tech. This year, General Motors’ two biggest U.S. brands will begin selling redesigned versions of their large SUVs built in Arlington, Texas. The SUVs are some of GM’s most lucrative and resilient products, with the Chevy Suburban beginning its 12th generation. In 2021, GM plans
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A lot of people have been having fun with “Stellantis,” the made-up name for the combination of PSA and Fiat Chrysler. Sure, it sounds like a name for a pharmaceutical product. And it’s officially supposed to evoke the stars, like “stellar.” But I suspect that the creators of this name were thinking about another bright
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Dealer grosses this month reached their highest levels since 2007, according to J.D. Power, thanks to a number of COVID-19-related variables working in unison to give franchised auto dealers their strongest pricing power since before the Great Recession. While growing per-vehicle profits on their signature product might seem cause for at least quiet celebration, how
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Pent-up demand from coronavirus lockdowns has brought car and truck buyers back to the market, but once there, they may see little wiggle room on price. With limited inventory, dealers are often taking top dollar for the vehicles they do have. For several weeks, the average industry gross, or the gross profit dealers get on
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Inconsistency has always been a hallmark of Tesla, whether in manufacturing, or quality control, or the messaging from CEO Elon Musk. But as the coronavirus pandemic wreaks havoc with most rivals’ finances, Tesla has shown uncharacteristic stability where it matters most — the bottom line — by posting its first-ever streak of four consecutive quarterly
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In the early peak of the pandemic, public transit agencies across the country saw sharp declines in ridership, as did ride-sharing and bike-sharing companies. But of these forms of personal mobility, micromobility — including bikes and scooters — is most likely to bounce back, according to an analysis from McKinsey. Despite COVID-19 disruptions to the
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When Congress and the Trump administration quickly cobbled together the massive $600 billion Paycheck Protection Program, they may have created a very rare thing: a bipartisan federal program that largely worked as intended. More than 16,000 new-vehicle dealerships across the nation — including a few dozen in U.S. territories such as Puerto Rico and Guam
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Authorities in Germany, Italy and Switzerland have raided the offices of car giant Fiat-Chrysler and truck maker CNH Industrial over claims some engines produced illegal levels of emissions. The action concerns alleged use of so-called “defeat devices” to mask vehicles’ diesel pollution output. Engines used by Fiat, Alfa Romeo and Jeep, as well as CNH’s
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Electric car maker Tesla has shrugged off the economic upheaval caused by the pandemic to report its fourth quarterly profit in a row. The California company earned $104m (£82m) in the three months to 30 June, with the growth setting it on course for inclusion in the S&P 500. That means Tesla’s shares, already surging,
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