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General Motors News -  View All

  • Tesla blocked from Michigan with law backed by dealers, General Motors
    Tue, 21 Oct 2014 15:01:36 -0700
    Tesla Motors' long-running fight to sell its electric vehicles through factory stores rather than franchised dealers had been something of a draw recently, with victories in New York and Ohio offset by a ban in New Jersey. Today, that tide turned against Tesla after Michigan Gov. Rick Snyder signed a bill — backed by the state's auto dealers and General Motors — that Tesla says not only bars its ...


Auto Dealers News -  View All

  • Tesla blocked from Michigan with law backed by dealers, General Motors
    Tue, 21 Oct 2014 15:01:36 -0700
    Tesla Motors' long-running fight to sell its electric vehicles through factory stores rather than franchised dealers had been something of a draw recently, with victories in New York and Ohio offset by a ban in New Jersey. Today, that tide turned against Tesla after Michigan Gov. Rick Snyder signed a bill — backed by the state's auto dealers and General Motors — that Tesla says not only bars its ...

  • China's high-end car dealers go online in search of second-hand income
    Thu, 09 Oct 2014 14:00:00 -0700
    By Samuel Shen and Kazunori Takada SHANGHAI, Oct 10 (Reuters) - A government campaign in Chinaagainst the high pricing of luxury cars is hitting the profitmargins of auto dealers, prompting them to supplement incomethrough the online trading of second-hand vehicles. The strategy is a major shift from relying on showroom salesof luxury cars, a business that had rewarded dealers withprofits of as ...

  • U.S. retail sales give cautionary sign on consumer demand
    Wed, 15 Oct 2014 05:43:55 -0700
    WASHINGTON - U.S. retail sales declined in September even when factoring out weakness at auto dealers and gasoline stations, providing a surprisingly cautionary sign for the strength of consumer demand. Total retail sales dropped 0.3 percent during the month, the Commerce Department said on Wednesday. Drops in receipts at gasoline stations and auto dealers dragged on the reading. Analysts had ...

  • Exclusive: U.S. regulators press banks for more on auto loan exposure to assess risks
    Sun, 12 Oct 2014 11:58:53 -0700
    By Peter Rudegeair NEW YORK (Reuters) - U.S. regulators are asking banks for more detail on their autos financing exposure, as rapid growth in the lending has prompted officials to seek to better assess the risks, according to a person familiar with the matter.  Balances remaining on auto loans have risen by about a third since April 2011, reaching an all-time high of $924.2 billion in August ...


Minority Dealers News -  View All


Auto Sales News -  View All

  • China auto industry association cuts 2014 sales forecast - Bloomberg
    Tue, 21 Oct 2014 01:13:33 -0700
    SHANGHAI (Reuters) - Growth in China's auto sales will likely slow to 4.6 percent this year, lower than the previous forecast of 8.3 percent, Bloomberg News quoted the head of the country's auto association as saying. Dong Yang, secretary general of the China Association of Automobile Manufacturers (CAAM), noted a slowdown in sales over the past two months and said the industry body was looking ...

  • China auto sales up 2.5% in September
    Mon, 13 Oct 2014 13:11:57 -0700
    China's auto sales rose just 2.5 percent year-on-year in September, the slowest growth for any month this year, an industry group said Monday, as a weak economy took a toll on the world's largest car market.

  • China Sept vehicle sales growth slowest in 19 months
    Mon, 13 Oct 2014 00:08:20 -0700
    BEIJING (Reuters) - China's September auto sales rose 2.5 percent from a year earlier, its slowest pace in 19 months, dragged down by sluggish sales of commercial vehicles such as trucks, an industry association said on Monday. Vehicles sales totaled 1.98 million units last month, the China Association of Automobile Manufacturers (CAAM) told a press conference in Beijing. Passenger vehicle sales ...

  • Canadian vehicle sales drive toward record year
    Wed, 01 Oct 2014 14:36:41 -0700
    TORONTO (Reuters) - Auto sales in Canada looked headed toward a record year on Wednesday after a number of automakers broke September sales records. September marked the first time the Canadian market has operated at a seasonally adjusted annual rate of 2 million sales, according to a report from DesRosiers Automotive Consultants. The report added that the Detroit Three automakers also took back ...

  • September U.S. car sales show industry's torrid pace slowing
    Wed, 01 Oct 2014 11:08:32 -0700
    By Bernie Woodall and Paul Lienert DETROIT (Reuters) - U.S. auto sales in the third quarter were the best in eight years, but mixed September results from leading automakers on Wednesday indicated the industry's torrid summer pace is slowing. General Motors Co, Fiat SpA's Chrysler Group, Toyota Motor Corp, Honda Motor Co, Nissan Motor Co and Hyundai Motor Co all reported year-to-year sales gains ...


General Motors Dealers News -  View All

  • Tesla blocked from Michigan with law backed by dealers, General Motors
    Tue, 21 Oct 2014 15:01:36 -0700
    Tesla Motors' long-running fight to sell its electric vehicles through factory stores rather than franchised dealers had been something of a draw recently, with victories in New York and Ohio offset by a ban in New Jersey. Today, that tide turned against Tesla after Michigan Gov. Rick Snyder signed a bill — backed by the state's auto dealers and General Motors — that Tesla says not only bars its ...

  • Holden NZ announces new MD
    Sun, 19 Oct 2014 11:44:10 -0700
    Holden has appointed a successor to the current managing director Jeff Murray at Holden New Zealand who heads back to General Motors Holden in Australia at the end of the year.

  • GM issues 2 more recalls for SUVs, mini cars
    Fri, 03 Oct 2014 09:00:50 -0700
    DETROIT (AP) — General Motors announced two more recalls Friday, pushing its total for the year to 71, affecting almost 30 million vehicles in North America.