Sales

Buyers feel the pinch as interest rates rise and incentives dip

Customers coming back to the new-vehicle market are finding heftier price tags and dwindling financing options. For those underwater on their loans, a new vehicle is even further from reach just as automakers are pulling back on incentives that could help.

X7 will take on large crossover leaders

The launch of BMW's largest crossover to date next year will plug an SUV-sized hole in its product portfolio. Its new X7 will take on the large luxury crossover segment leaders next year.

UPDATED: 10/19/18 11:01 am ET - adds details
Daimler issues profit warning on diesel woes

Daimler issued its second profit warning in four months, saying that costs arising from recalling some of its diesel vehicles were mainly to blame.

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X7 will take on large crossover leaders

The launch of BMW's largest crossover to date next year will plug an SUV-sized hole in its product portfolio. Its new X7 will take on the large luxury crossover segment leaders next year.

In with the new (but keep the old)

Automakers are usually all about what's new -- new product, new technology, new brand image. But they're also pragmatic businesses willing to milk profits out of vehicles overdue for a refresh.

UPDATED: 10/19/18 11:01 am ET - adds details
Daimler issues profit warning on diesel woes

Daimler issued its second profit warning in four months, saying that costs arising from recalling some of its diesel vehicles were mainly to blame.

The tension rises at Ford

Ford has had a tough time getting others to understand and gain confidence in the early stages of CEO Jim Hackett's companywide restructuring, and salaried workers are now wondering about their future with the company as cuts loom.

Keeping disruption in perspective

Big shifts are coming to the auto retail world, and dealers say they're getting ready for them. But don't fall for all the fantastical forecasts you hear, they caution.

Can Keogh repeat his Audi success?

In taking control of parent Volkswagen and its namesake marque across North America, Scott Keogh again faces a struggle to lift a German brand.

New Audi boss Del Rosso a familiar face

Mark Del Rosso won't need any introductions to his dealer network when he becomes president of Audi of America on Dec. 1. They already know who he is and what he can do.

Inventory matches slowing market

Inventory levels have stabilized in a healthy range for most automakers over the last several months as companies continue to react to a slowing U.S. light-vehicle market by tapping the brakes on production.

ID theft: Telltale signs that 'something's not right'

A manager's skepticism may have helped prevent his dealership from being victimized by what prosecutors say was an identity-theft and car-trafficking ring with expensive taste that managed to fool at least five other stores in suburban New York City.

Luxury sales race goes down to the wire

The two top German luxury brands were nearly neck-and-neck going into the fourth quarter, with Mercedes-Benz eyeing a third consecutive year atop the U.S. luxury market.


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