The new North American free trade pact would modestly boost the U.S. economy, especially auto parts output, but may curb vehicle assembly and limit consumer choice in light vehicles, a hotly anticipated analysis from the U.S. International Trade Commission showed.
Honda will stop second-shift production on one assembly line at its flagship Marysville, Ohio, complex in August so the factory can be refurbished and retooled to make electrified vehicles. No layoffs are planned.
Inventories of unsold new vehicles in the U.S. climbed for a third consecutive month, to nearly 4.2 million vehicles in March, representing a 70-day supply.
Percentage of respondents in a J.D. Power survey released last week who said they are more likely to buy from a certain car company if their in-home voice service is also available in the vehicle. The survey was sponsored by Amazon, one of the voice-service vendors that would benefit from such a market preference, with its Alexa virtual assistant system. Voice-activated services are becoming increasingly popular as the quality improves, overcoming years of consumer dissatisfaction. J.D. Power reported last year that voice recognition was the top source of complaints expressed by new-vehicle owners.
Inventories of unsold new vehicles in the U.S. climbed for a third consecutive month, to nearly 4.2 million vehicles in March, representing a 70-day supply.
Percentage of respondents in a J.D. Power survey released last week who said they are more likely to buy from a certain car company if their in-home voice service is also available in the vehicle. The survey was sponsored by Amazon, one of the voice-service vendors that would benefit from such a market preference, with its Alexa virtual assistant system. Voice-activated services are becoming increasingly popular as the quality improves, overcoming years of consumer dissatisfaction. J.D. Power reported last year that voice recognition was the top source of complaints expressed by new-vehicle owners.
Ally Financial's first-quarter used-vehicle originations made up more than half of its auto portfolio for the fifth-straight quarter. Total auto originations dipped, driven by a decline in new-vehicle originations.
Streamlining the financing process at a dealership doesn't always take a complete overhaul. Sometimes a small enhancement can smooth and accelerate the process.
Andy Mohr Automotive Group, an 11-rooftop Indiana dealership group, is facing a class-action lawsuit after customers say they were charged an illegal document preparation fee. It is the second such lawsuit filed this month against dealerships in the state, and legislation is already in the works to legalize fees under $200.
F&I product providers have long watched and waited for the electric vehicle revolution to impact customers, but for now, few providers are responding with electric-exclusive offerings.
About 44% of buyers of muscle cars ? Ford Mustangs, Chevrolet Camaros and Dodge Challengers ? purchase upgraded parts and accessories, according to a study.
The consolidation of big data within ad agencies with deep relationships with vehicle producers is now clear. Data will become the auto industry's new oil.
Jose Munoz, the 20-year veteran of Toyota and Nissan, inherits a revitalized Hyundai vehicle lineup in the U.S. and comes with a reputation for pushing hard to achieve his boss's targets.
Streamlining the financing process at a dealership doesn't always take a complete overhaul. Sometimes a small enhancement can smooth and accelerate the process.
