Despite the chief marketing officer's optimism, Cadillac’s 2018 U.S. sales were disappointing, falling 1.1% to 154,702 vehicles, well behind its luxury rivals, particularly Audi (223,323), BMW (311,014), Lexus (298,310) and Mercedes-Benz (317,235).
SAN FRANCISCO – Credit scoring is becoming increasingly digitalized, with systems doing more of the work, but the auto-financing world doesn’t appear ready to turn things over to artificial intelligence and machine learning...
At the end of 2018, the industry had 3.8 million vehicles sitting on dealer lots, which is the same level as December 2017. That’s 300,000 units in inventory above the level at the end of 2015.
In a Wards Q&A, Charlie Gilchrist talks about NADA goals for the year, the changing auto industry, his evolved management style and how he handles mistakes.
Other news from Toyota’s NADA media roundtable: Tariffs on aluminum and steel are bad; free trade has been great for American jobs; autonomous-vehicle research must not be deterred; and Lexus is thrilled with its “Black Panther&rdquo...
While other automakers are pocketing big profits on fullsize pickups and large SUVs, Toyota’s lineup skews toward cars and smaller CUVs with softer margins. Jim Lentz says the brand will retain its car-centric portfolio.