Monday, 1 April 2019

Young buyers will want small, efficient

Young car buyers will want small, fuel-efficient vehicles and automakers should prepare for the demand, write one Automotive News reader in a letter to the editor.



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Lender seeks Nissan store, car wash foreclosure

The dealership group owned by two former NFL players and auto industry veteran Michael Saporito faces new litigation by Nissan Motor Acceptance Corp., which seeks to foreclose on a Nissan dealership and a car wash in Luzerne County, Pa.

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U.S. sales drop with no reason for buying

"Consumers simply haven't had a compelling reason to buy," Cox Automotive's chief economist said.



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Dealers finally get their day in court

A decade after Chrysler's bankruptcy, a group of dealers known as "The 789" finally get their day in court.



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Toyota's Lentz: U.S. has a lot to lose in trade fight

If the U.S. and Japan can't find common ground, tariffs could knock down 2 million new-vehicle sales as quick as a Texas windstorm, the automaker's North America chief warned.



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CarMax plans customer experience centers

CarMax plans to open three customer experience centers in 2019 that offer a "full omnichannel" buying experience to its customers.



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Dealerships' cybersecurity plan targets vendors

Stringent vendor standards are part of Zimbrick dealerships' broader effort to stay ahead of data security threats. The strategy also includes installing sophisticated firewalls, sending regular phishing email tests and limiting network access.



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Do better for drivers with disabilities

Twenty million Americans have a physical disability, and dealers need to do better by them, writes one Automotive News reader in a letter to the editor.



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A123 removed cobalt price swings from EV batteries

A123 Systems' UltraPhosphate battery won an Automotive News PACE Award in 2018 for increasing energy density while eliminating the use of cobalt, a metal subject to wild price swings.

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Ability to adapt bodes well for auto-industry leaders

This year's list of Rising Stars celebrates leaders who have demonstrated their ability to adapt.

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