Dealers
November 2012 Auto Sales: Hurricane Highlights
Things are looking up for automakers in the United States. All told sales topped 1.1 million new cars and trucks in November. That’s nearly a 15 percent increase compared to the same month in 2011. Year-to-date sales eclipsed 13 million units, an improvement of almost 14 percent compared to the same time period last year.
American Suzuki Needs Loan to Limp from US Market
American Suzuki ended its North American car selling operation earlier this week, but that left a crowd of unhappy dealers the company is now trying to pay off.
Two-Tier Pricing, Mandatory Upgrades Concern Dealers
The National Automobile Dealers Association (NADA) is tackling two contentious issues facing new car dealers in the U.S. today: two-tier pricing programs and mandatory facility upgrades.
Saab Dealerships Seek New Manufacturers
Nails just keep dropping in Saab‘s coffin, despite Chinese company Youngman’s attempts to sway the tide otherwise. The latest detail in what’s become a sad saga of failure has to do with dealerships and their reaction to being caught in the fallout. It’s probably easy to forget, but if an automaker goes belly-up, the folks…
GM Letting Dealers Sell all 2,300 Volt Demo Models
General Motors has probably put more effort in the Chevrolet Volt project than in any other car they have produced in recent times, and they are adamant about turning it into a success. The goal is simple, to sell 10,000 Volts this year alone. Till the end of October, GM has sold just 5,003 Volts,…
Auto Transaction Prices Highest Since 1996
Dealers and their automakers have some good news recently: they are getting the highest transaction prices in 15 years, according to a new report. CNW Research has crunched the numbers and found that early sales in April were selling at 87 percent of the manufacturer’s suggested retail price, and a reduction in haggling. “Dealers are the…
Ford Continues To Terminate Lincoln Dealerships
Ford‘s quest to trim the fat from Lincoln‘s dealer network continues as the company aims to cut another 100 dealers in what it calls “major markets”, from 500 to 325. So far the brand is down to 434 as for December 31, 2010. With more roughly 4 times as many stores as other luxury brands…
Lincoln Dealers Won’t See New Product At Meetings With Ford Execs
With 200 of Lincoln‘s 1200 dealers staring down a possible termination of their franchise, an upcoming dealer meeting will provide little comfort to retailers of Ford’s luxury brand, as the Blue Oval will not share upcoming product details with Lincoln’s sales force. Even though Ford is aggressively targeting Lincoln dealers with a demand for a…
Chyrsler Dealers Meet For First Time In 3 Years, Fiat Dealers To Launch By February
Chrysler‘s first dealer meeting in years will kick off today in Orlando as the company shows off 15 new or improved products slated to roll out within four years. The onslaught comes as Chrysler went through an unprecedented period of product development grinding to a halt, as the company’s lack of cash meant that resources…
Hyundai To Fight Childhood Cancer By Donating $200 From Every Vehicle Sold To Charity
Hyundai has pledged to donate $100,000 each to 68 hospitals and non profit organizations to help fight pediatric cancer. Dealers will contribute $200 from each vehicle sale to the cause, and most of the financing is said to be arriving in this way. The program, known as Hyundai Hope on Wheels will oversee the distribution…
Detroit Chrysler Dealer Sues Company and Rival Dealer
Colleen MacDonald, who owns Livonia Chrysler, says that the automaker’s letter of intent, dated August 12, does not return the sales and service agreement that it gave to Crestwood Dodge, after Livonia’s termination.
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