Several months ago, we received word from the Ontario Motor Vehicle Industry Council about an elaborate financial scam targeting dealers in the province. More recently, there have been other reports of criminal activities targeting dealers, with both OMVIC and the …
LAR, the largest purchasing group exclusively dedicated to new vehicle franchised dealers in North America, recently announced that more than a quarter of a billion dollars in additional discounts and dividends have been distributed to its dealer members since the …
Having come under criticism from dealers, Tesla co-founder and CEO Elon Musk has defended the company’s position on its Apple style retail strategy. In a blog entry this week, Musk wrote that Tesla “does not want to change the franchise …
During a speech to members of the Automotive Press Association in Detroit, yesterday, Bill Underriner, chairman of the National Automobile Dealers’ Association, focused on two key issues currently affecting new car dealers. He said that “two-tier pricing and mandatory facility …
In order to help boost business as we head toward the end of the year, automakers are offering up incentives, allowing consumers to get out of their current lease agreements and into new vehicles. Among those participating in such programs …
According to the J.D. Power and Associates 2012 Automotive Mobile Site Study, mobile platforms are quickly becoming a major tool for consumers in the market for a new vehicle. The study found that 31 per cent of in-market vehicle shoppers …
Although its North American operations are faring well, the automaker having posted $2 billion in operating profit during the second quarter of this year, Ford’s European arm, is like many other auto firms in the region, suffering due to the …
A new design and manufacturing process being put forward by Volkswagen AG has the potential to significantly reduce vehicle production costs as well as cut down the time to market for new models. The process would utilize four core platforms …
In the U.S., the National Automobile Dealers Association has named David Westcott as chairman for 2013. Wescott, who owns David Westcott Buick GMC Suzuki, in Burlington N.C. was elected to the position during a meeting of the NADA’s board of …
DealerTrack recently announced that it has acquired DMS assets from Ford Motor Company of Canada Limited. In a press release, DealerTrack said that as part of the acquisition agreement, it will assume control and own the administrative, sales and support …
General Motors has announced that its forthcoming extended range electric Cadillac coupe, called the ELR, will be assembled at the firm’s Hamtramck assembly plant in Metro Detroit alongside the Chevrolet /Holden Volt and Opel/Vauxhall Ampera. The addition of the ELR …
Yesterday, Houston, T.exas-based CRM solutions firm, CAR-Research XRM, announced its new customer finder tool, CAR-DealFinder. The new tool is an Internet shopping program that monitors the dealer’s database for buyers in the market. It has been designed to integrate seamlessly …
