Author: Automotive News Breaking News Feed

Toyota’s North America CEO Jim Lentz is looking to chop unpopular nameplates from the U.S. lineup as bosses in Japan order him to restore sagging profitability to record levels.

New CDK Global CEO Brian Krzanich has no experience in the auto industry, but he might just have the tech skills the company needs.

Finance directors have different ways of approaching customer interviews. Relying on the sales team works for some, while others want more independence.

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.

Carvana Co.’s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive.

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.

Chase Auto has handed the direct lending reins over to its chief marketing officer. The move is part of its effort to unify its consumer-facing auto business and to present Chase Auto as more of a holistic resource than a traditional auto lender.

Mazda pulls the curtains on its next-generation Mazda3 small car at this month’s Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains.

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.

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.