On Thursday, Toyota celebrated the opening of Toyota Motor Manufacturing Mississippi, the company’s new $800 million plant outside of Tupelo, Miss., that assembles the Corolla. Joining Thursday’s celebration were Toyota Motor Corp. president Akio Toyoda and Mississippi Gov. Haley Barbour. The facility — located in Blue Springs — is Toyota’s 14th North American plant, further […] [Read More]

Bringing its total U.S. investments to more than $4.5 billion since June 2009, Chrysler announced earlier this week that it plans to invest $1.7 billion to support the development and production of its next-generation Jeep, set to come out in 2013. This investment includes pumping $500 million into its Toledo Assembly Complex in Ohio, where […] [Read More]

Along with recapping its annual World Convention, Toyota Motor Corp. declared Wednesday that despite ongoing production hurdles, the OEM has the inventory to reach its sales goals. Based on parts availability, the automaker indicated its North American vehicle plants will continue operating on a normal production schedule during the weeks of Nov. 21 and Nov. […] [Read More]

General Motors revealed Tuesday that it has welcomed a new member to its board of directors, electing a former executive with both Wal-Mart and Black & Decker to the position. Joining the board is Thomas Schoewe, who previously was the executive vice president and chief financial officer of Wal-Mart Stores, where he served from 2000 […] [Read More]

In what has become tradition, IntellliChoice.com unveiled its CPO awards during Auto Remarketing’s CPO Forum on Tuesday. The company analyzed 26 programs this year and tapped an overall winner in the popular vehicle segment, as well as premium category. Taking home top honors in the popular classification is Hyundai. Tyler Schulze, of IntelliChoice.com, announced the […] [Read More]

Japan’s three largest automakers are still navigating production hurdles caused by flooding in Thailand, but they appear to be making progress. In an update shared Monday, officials with Honda, for example, indicated that a number of their suppliers have been unable to maintain the supply of parts. As a result, Honda will continue managing the […] [Read More]

In an environment where used inventory is tight and wholesale prices are high, it is even more important than usual for dealers to stay in touch with their current customers and foster brand loyalty, as these customers are often a vital source of used supply. Mitsubishi is helping its dealers do just this by launching […] [Read More]

Audi of America revealed Monday that it has named its first-ever director of customer experience, and filling the newly created position is Jeri Ward. Her most recent post with the company was as general manager of customer advocacy, interactive marketing and launch strategy. Ward — whose new position is effective immediately — joined Audi in […] [Read More]

On Monday, Smail Auto Group highlighted the results of the “Smail Auto Group Cares” campaign in support of National Breast Cancer Awareness Month. The dealership group raised $51,170 through the campaign that included covering each of its eight showrooms in more than 5,000 square feet of pink vinyl, as well as raising funds for two […] [Read More]

Along with learning the names of the finalists vying for the 2012 Time Dealer of the Year honor, Auto Remarketing discovered Ally Financial is unveiling a digital hub today to honor dealer achievements throughout the country. Recognizing that dealers serve as the backbone of its auto financial business, Ally, the exclusive sponsor of the Time […] [Read More]