Author: Automotive News Breaking News Feed
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U.S. car-tariff truce with Europe may end soon, EU’s Juncker signals
European Commission President Jean-Claude Juncker signaled that Europe’s avoidance of extra U.S. car tariffs might last only until year-end, the latest sign of fragility in the trans-Atlantic truce.
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Former NFL players’ auto dealerships lose franchises
A once-prospering dealership group facing lawsuits by two captive finance arms over allegations of selling nearly 500 vehicles but not repaying floorplan loans has lost franchises at two of its dealerships in Pennsylvania, while two Michigan…
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New vehicle inventories make sharp jump in October
U.S. new-vehicle inventories rose sharply last month, reaching the highest level for the start of November since 2014.
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Kia’s Han-woo Park says design, quality will push Kia to next level
Han-woo Park says Kia is graduating from its position as a fast follower to being a global leader in such areas as design and quality. The Kia CEO also wants to build up the brand’s light-truck lineup.
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Subaru quality problems extend to U.S.
Subaru has been dogged by rising quality problems in Japan. The lapses are now bleeding into the all-important U.S., and global President Tomomi Nakamura isn’t happy.
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Volvo’s ‘Care’ subscription service coping with its success
Volvo’s early success with its car subscription plan has put the company in an enviable position as automakers tinker with business models that don’t revolve around traditional car ownership.
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VW CEO Herbert Diess says automaker can help make EVs mainstream
If electric vehicles fail to catch on globally over the next several years, it won’t be because Volkswagen didn’t try, CEO Herbert Diess says.
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Export scams and schemes create enforcement morass
The challenge for law enforcement is separating legitimate shipments from illegal ones in the murky area between criminal fraud and breach of private contracts.
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Plan for your future, or plan to cash out, car dealers told
Presidio Group, a dealership buy-sell advisory firm, recommends that its clients create a conversion plan to serve the future industry or opt to sell their dealerships ahead of predicted dealership disruption from autonomous vehicles.
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Jeep teaser leaks 2020 Wrangler-based pickup debut
We know Jeep is building a Wrangler-inspired pickup — it’s just a matter of what it’ll be named, what it will look like and when it will show up. Well, the folks at JeepScrambler Forum answered one of those questions — the when.