/Automotive News

Amazon is planning to sell cars in Europe

MUNICH -- Amazon plans a digital assault on the retail automotive sector and is sounding the attack in Europe first, sources have told Automobilwoche, an affiliate of Automotive News. The Internet giant has recruited Christoph Moeller, a partner at the Oliver Wyman consultancy for the effort. He was responsible for the auto industry at [...]

By |2017-10-18T14:36:15+00:00June 13th, 2017|Automotive News|0 Comments

Tesla owners should pay more for insurance, AAA says

At least one national insurer, AAA, is raising rates on Tesla vehicles based on data showing that the Model S and Model X had abnormally high claim frequencies and high costs of insurance claims compared with other cars in the same classes. AAA said premiums for Tesla vehicles could go up 30 percent based [...]

By |2017-10-18T14:36:15+00:00June 5th, 2017|Automotive News|0 Comments

Jumpstart: Chevy Outduels Ford in April Rankings

Interest in the new Camaro helped Chevrolet outmuscle Ford in Jumpstart Automotive Media’s latest rankings of consumer interest. Photo courtesy General Motors Co. SAN FRANCISCO — Media, insights and marketing solutions provider Jumpstart Automotive Media released its April interest data for shoppers who researched vehicles across the firm's portfolio of automotive publishers. It [...]

By |2017-10-18T14:36:15+00:00May 19th, 2017|Automotive News|0 Comments

Ford Dealership Featured in Facebook Business Success Story

SARASOTA, Fla. — Top 150 Ford dealer Sarasota Ford and digital solutions provider Dealers United were recently the focus of Facebook Business feature highlighting their Facebook advertising success story. The case study showcases how the dealership reached its community and earned a 125X return on its ad spend using Dealers United’s Facebook Program. The [...]

By |2017-10-18T14:36:15+00:00May 9th, 2017|Automotive News|0 Comments

Study Shows Trade-In Quotes Critical Factor in Consumer-Buying Decisions

LAWRENCEVILLE, Ga. — Dealers shouldn’t undervalue just how critical the trade-in process is to closing a deal, at least according to result of an online study conducted by Black Book (a div. of Hearst Business Media). The vehicle valuation firm found that next to receiving a sales price drastically different than originally offered (27.8%), [...]

By |2017-10-18T14:36:15+00:00May 8th, 2017|Automotive News|0 Comments

The U.S. Gives Self-Driving Cars the Green Light

If you look into the plans of auto manufacturers, you’ll find that most of them will have driverless cars on the market within two to four years. Recently the U.S. government made it clear it thinks self-driving cars will make the roads safer and more efficient. Certainly, with nearly 40,000 deaths on the road last [...]

By |2017-10-18T14:36:15+00:00May 4th, 2017|Automotive News|0 Comments

Credit Overhaul: Why Millennials Demand New Underwriting Strategies

Powersport dealers see young millennials come into their stores all the time looking for the largest, fastest, most-expensive sportbike on the market. That’s when the warning light starts flashing in a lender’s head. “They start all gung-ho: They want the Suzuki Gixxer, they want the Honda CBR, anything that goes fast and looks really cool [...]

By |2017-05-04T18:18:55+00:00May 3rd, 2017|Automotive News|0 Comments