Trade News

After lengthy careers as dealership managers, two Canadian partners have acquired their first store: Coachella Valley Volkswagen in Southern California.

PATH Auto Group — a partnership formed this year by Phil Alalouf and Todd Hewitt — purchased the store in Indio on April 19 from the growing Nouri/Shaver Automotive Group.

The new owners kept the name of the store, which sold 244 new vehicles and 480 used vehicles last year.

The duo follow several other Canadians who have bought dealerships in the U.S. in the past several years.

Hewitt — an experienced used-car manager — is focusing on the store's sales department, while Alalouf oversees fixed operations, accounting and finance.

The partners each have three decades of automotive managerial experience. They met 25 years ago at what was then Cowell Auto Group near Vancouver, British Columbia, then later worked for Canada's Foundation Automotive Corp. in the U.S.

After they decided la…

<!--*/ */ /*-->*/ Israeli startup Imagry takes contrarian mapless approach to autonomous driving

TEL AVIV, Israel — To map or not to map? That is the question facing autonomous driving technology developers.

Most use sensor data to compile detailed high-definition maps that chart roadway dimensions and features such as merging lanes, overpasses, signals and crosswalks. Others take a lighter approach, building maps that provide less detail.

While these maps inform the driving system about the fixed aspects of the road and potential hazards, some companies, most notably Tesla, go without them.

Imagry, an Israeli startup in Haifa, is moving ahead without high-definition maps, arguing that its system better mimics human perception and is more efficient and less costly than other autonomous systems.

"It's impractical to try to map the entire world in a resolution of a few centimeters," Imagry CEO Eran Ofir told Automotive News.

M…

TOKYO – Struggling Infiniti is getting a new global brand chief with the appointment of Jose Roman, Nissan's most senior executive in Mexico and Latin America.

Roman, a native of Ecuador, joined Infiniti parent Nissan Motor Co. in 2012 and has more than 25 years of automotive experience in such markets as Mexico, Colombia, Brazil and Japan, the company said in a June 1 news release announcing his promotion.

He is currently managing director of Nissan Mexico and of the Nissan Importers Business Unit, which oversees 34 markets throughout Latin America.

Infiniti's newest leader starts on July 1 and will be based at the company's global headquarters in Yokohama, Japan, just south of Tokyo. Roman, 56, will also serve as a senior vice president at the parent company and report to Asako Hoshino, Nissan's global sales chief and executive vice president.

"Jose's human-centric leadership style, paired with a wealth of experience gained across diverse marke…

New vehicle inventory might never return to pre-COVID levels, according to Cloud Theory.

Both inventory and sales initially plummeted when the pandemic began in March 2020, but while sales recovered rapidly and even surpassed pre-pandemic levels in the ensuing months, inventory continued to droop, falling below 1 million by fall 2021.

Inventory has climbed back toward 2 million in the last quarter of 2022 and the first quarter of 2023, but Rick Wainschel, Cloud Theory's head of data science and analytics, does not expect the industry to get back to the pre-COVID inventory levels of 3 to 3.5 million

"I don't think it's going to go back to that level any time soon, if ever," Wainschel said.

Parts procurement remains difficult for some manufacturers, but there is more to the story; many manufacturers realized during the pandemic that they did not need as much inventory as they had previously operated with and that it was sometimes more profitable to…

Shares of Rivian Automotive Inc., the money-losing EV startup, may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90 percent from their record high, according to JP Morgan Securities.

The index typically removes the smallest members of the Nasdaq 100 if the company is weighted at less than 0.1 percent of the gauge for two consecutive months, JPMorgan analyst Min Moon writes in a note on Thursday. As Rivian was below 0.1 percent as of April 28 and May 31, Moon expects the carmaker to be excluded from the index on the third Friday of June. 

ON Semiconductor is ranked at the top of the eligible companies to replace the EV maker, Moon added. 

A removal from the index would deal another blow to a stock that’s been pummeled since soon after its November 2021 initial public offering.

After briefly riding the frenzy for all things related to EVs, Rivian’s shares started unraveling. Investors soured on ri…

Ford Motor Co. sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees.

The lawsuit Ford filed in Detroit federal court accused the health insurer and its regional Michigan branch of unlawfully dividing up parts of the country in a scheme to reduce competition with each other in order to drive "astronomical profits."

The allegations from Ford, employing more than 170,000 workers worldwide, relate to a $2.7 billion settlement that Blue Cross Blue Shield Association and its three dozen member companies reached in 2020 with corporate and individual policy holders in Alabama federal court.

Ford opted out of that settlement, now on appeal at the Atlanta-based 11th U.S. Circuit Court of Appeals, in order to pursue its own claims. The appeals court agreed to fast-track its consideration of the settlement.

A …

Stellantis is shuffling its design team after two key departures.

Jeep's head designer, Mark Allen, is retiring after 30 years and Chris Benjamin, the former interior design lead for Stellantis North America, left to become design chief for Volkswagen's Scout Motors brand.

Vince Galante, who previously led user experience, is now vice president of Jeep exterior design. Stellantis said Galante has held a variety of positions of increasing responsibility for interior and exterior design, global user experience, and the management and execution of various products and programs, including the Uconnect platform, Grand Wagoneer Concept and the Airflow Vision Concept. Galante, who joined the company in 2005, worked under Allen for 12 years in the Jeep design studio.

Ryan Nagode has been appointed vice president of interior design. He'll handle Chrysler, Dodge, Jeep and Ram Truck vehicles, "ensuring a cohesive and consistent interior design language representat…

Dealers, their partners and providers, have challenges accessing their CRM data in a timely, robust manner. What dealers are demanding is functionality that a CRM can’t deliver – but a Customer Data Platform (CDP) can. The road from being CRM-dependent to full CDP implementation will take time and investment. But dealers can start now by asking the right questions.

5 Key Takeaways:This article surfaces those questions, along with actionable steps to take toward a CDP future. Topics discussed include:

The importance of safeguarding dealership data Complying with new FTC Safeguards Rules (re: auto dealerships) What to look for in a vendor who can best leverage dealership data and integrate/clean up first-party dealership data The critical need for daily defection data Why proven data management and secure data-access experience are essential qualities for any CDP partner vendor under consideration for your business.

Quality control is critical for automotive manufacturers and suppliers. However, traditional paper-based inspection methods can increase inefficiencies and mistakes. AI-enhanced AR work instructions improve accuracy and reduce costs associated with scrap, rework, and recalls - saving companies millions and improving customer satisfaction.

In the Upgrade Your End-of-Line Inspections with AI-Enhanced Augmented Reality e-book, you’ll learn how you can: 

Accelerate inspection cycles with AI-enhanced visual guidance Avoid errors with automatic warnings displayed in AR Foster continuous improvement with automated insight reporting from frontline workers Improve your EOL inspections and overall quality with Step Check, Vuforia’s AI-enhanced inspection technology.

Michael Barich, known as the "Fixed Ops Doc," is a service department trainer and coach.

First car: 1976 Oldsmobile Cutlass Supreme

First concert you attended: Foreigner with Joe Walsh

Name a pet peeve: Tardiness

Most thrilling/adventurous thing you've done: Ziplining in the Costa Rica jungle

Your personal hero (and why): My grandfather was tough as nails, great family man and hard worker.

First job: Dishwasher at the Rib Exchange in Hoffman Estates, Ill.

Something on your bucket list: Golf trip in Ireland

One thing you learned on the job you never forgot: Winning is important.

If you could pick up a new skill, what would it be? To respond as fast as AI

3 people you'd invite to dinner, living or dead: Author Grant Cardone, motivational speaker Tony Robbins and Elon Musk

What did you want to be when you were a kid? Police officer

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UAW leaders on Wednesday delivered a clear message to members: The union has high demands for this upcoming round of contract negotiations with the Detroit 3 and are prepared to strike if the companies don't meet them.

In a first-of-its-kind virtual town hall, UAW President Shawn Fain, Secretary-Treasurer Margaret Mock and the union's three vice presidents laid out priorities that include ending the tiered wage system, reinstating cost-of-living increases and adding stronger job protections to prevent future plant closures. They said Ford Motor Co., General Motors and Stellantis have made enough profits in recent years to no longer need concessions from their work forces.

"They can afford our demands, and we expect them to pony up," Fain said. "This is our time to get our fair share of the pie."

The leaders struck a defiant tone at times, using charts and graphics to contrast corporate profits with union wages. Fain said the Detroit 3 have made so much …

WASHINGTON - Ford Motor said on Wednesday it is recalling 142,000 Lincoln MKCs in the United States and advising owners to park outdoors and away from structures while it investigates the cause of under hood fires.

The No. 2 U.S. automaker said the issue in the 2015-2019 model year vehicles is believed to originate near the 12-volt batteries. Ford is aware of 19 potentially related reports of under hood fires, including seven reports since December, while the vehicle was parked and off. Ford said it is unaware of any physical injuries related to this condition.