DETROIT — Young, educated and upwardly mobile, Kristin Winn represents the ideal target for automakers trying to reach young buyers. Ms. Winn, a 24-year-old technician for an ophthalmologist, says she plans to replace her nine-year-old Chevrolet Cobalt this year. [Read more…] about Makers Pack New Cars With Technology, But Younger Buyers Shrug
New York Times
DETROIT — Matt Hlavin, an entrepreneur in Cleveland who owns seven businesses, mostly in manufacturing, bought three Mercedes last year: a $237,000 SLS AMG and a $165,000 S63 AMG for himself, and a $97,000 GL550 sport utility vehicle for his wife. [Read more…] about High Rollers in a Buying Mood
The announcement that Mary T. Barra will become the first female chief executive of General Motors is more than a human resources changeup. It’s a nod to the changing times. [Read more…] about Changing of the Guard in a Traditionally Male Industry
Phoebe Scott of Orange County, Calif., has a new routine before heading to the mall.
She checks the parking lots on her ParkMe smartphone app “so that I can see what I’m up against, or if I need to change my plans.” If a lot is below 90 percent full, the trip is on. Her favorite, not far from her workplace, is a garage at the Santa Monica Place mall, where sensors and lights guide her to a specific open space. [Read more…] about Secret Weapon in Mall Battle: Parking Apps
When Lindsay Frandsen thought about registering for gifts for her wedding, she realized that what she and her husband really needed was a car. [Read more…] about Online Help to Pick a Car and Make the Down Payment
RIVERSIDE, Calif. — It was 9:30 on a recent Tuesday morning at Manheim Riverside, a wholesale auto auction, and more than a thousand used-car dealers were mulling in the desert heat. The bidders had gathered on the perimeters of Manheim’s 10 lanes of cars, watching the vehicles cycle through 10 different auction blocks, at no longer than 45 seconds a pop. Over a collective din that drowns out the auctioneers, the dealers wink, nod or, for the less stealthy, raise a hand to indicate their bid. [Read more…] about After Running Hot, Market for Used Cars Is Cooling