Canadian auto dealer news analysis: NADA Factory Image report Part II
Canadian auto dealer columnist Chuck Seguin offers his insights into the newly-released report on factory image programs and their impact on dealer profitability.
Author: Zara McAlister
Manheim launches innovative mobile solutions at NADA Convention and Expo
At the National Automobile Dealers Association Convention in Orlando, Fla. on Saturday, Manheim Auctions launched several new innovations. Leading the array of new products is Simulcast on Mobile, which enables customers to bid and buy from anywhere – their lot, …
J.D. Power predicts slower, steadier growth ahead for auto industry
During the J.D. Power and Associates’ International Automotive Roundtable, held just prior to this year’s National Automobile Dealers Association Convention and Expo in Orlando, Fla., on Friday, John Humphrey, senior vice president of J.D. Power’s global automotive operations, said he …
Toyota invites Canadians to participate in annual child “Dream Car Art Contest”
In perhaps a move to understand “what a car should be” for the next generation, as well as create inspiration for the future movers and shakers of the auto industry, Toyota has invited Canadians to participate in the Toyota Dream …
Detroit three gain market share in January
Based on the Seasonally Adjusted Annual Rate (SAAR), it appears that auto and light truck sales in Canada are off to a decent start for 2013. According to DesRosiers Automotive Consultants, actual sales were down by 2.2 per cent for …
Consumer Reports says turbo engines don’t deliver fuel economy claims
Not one to shy away from controversy, Consumer Reports has said that small displacement turbo engines don’t deliver the fuel economy their manufacturers claim. In a press release yesterday, the magazine said that while the idea of a downsized, turbocharged …
Survey finds the top reasons customers leave the dealership without buying
CAR-Research XRM, provider of a single-source CRM solution called “XRM, Extreme CRM,” said it had identified the top reasons car buyers leave a dealership without buying a vehicle, as a result of a study it conducted from January to December …
Toyota boosts fiscal-year profit forecast
Yesterday, the Associated Press revealed that Toyota Motor Co. had revised its fiscal-year profit forecast for 2013, based on continued sales growth, particularly in the U.S. Toyota said that its October-December profit had increased by 23 per cent to 99.91 …
OEConnection offers new parts e-commerce solution for dealers
Original Equipment auto parts e-commerce technology provider OEConnection, has introduced ConsumerLink, a new parts e-commerce solution for dealerships, designed to help them unlock new revenue streams by reaching Do-It-Yourself (DIY) and other online, direct-buying consumers. DIY and direct-buying is an …
NADA and the EPA launch Energy Ally program
Recently, the National Automobile Dealers Association and the Environmental Protection Agency announced that they have partnered to help new car dealers reduce their energy consumption through the Energy Star program. As part of this effort, both NADA and the EPA …
GM suing dealer for artificially inflating vehicle sales
Last week, Automotive News reported that General Motors is suing one of its dealers in the U.S. over allegations of “faked” vehicle sales. Lujack Chevrolet, in Davenport, Iowa, which is owned by Gurley Leep Automotive, is being accused of claiming …
Chrysler Group sees significant gains in earnings
Yesterday, Chrysler Group released information on its net income earnings for 2012. The Auburn Hills, Mich. based automaker reported a net income of $1.7 billion for the year, a significant growth over the $183 million in earnings the previous year …
