General Motors has agreed to “negotiate in good faith” over compensation offers to dealers in Australia for the shutdown of its Holden brand. The move comes after the Australian Competition and Consumer Commission intervened. The ACCC said it was “preparing …
The 2020 New York International Auto Show has been officially cancelled after the event was postponed to August. The event location, the Jacob K. Javits Convention Center, is being used as a field hospital for COVID-19 patients and remains as …
Auto industry players are calling for the U.K. to allow auto dealerships to reopen “as a matter of urgency”, and says the Treasury is losing millions of pounds every day they remain closed. “Classed as non-essential retailers, the earliest date …
Rental-car giant Hertz declared bankruptcy this month and cancelled 90% of its new fleet orders due to COVID-19. “General Motors has been the single biggest supplier for the Hertz fleet of 567,000 vehicles in the United States, with GM models …
Ford shutdown an assembly plant in Dearborn, Michigan because one person tested positive for COVID-19, and closed another plant in Chicago due to parts shortage and more positive cases. The move comes amid plans to restart North American production. “The …
Automakers are building configurations of vehicles that could negatively impact OEMs and dealers. Doug Betts, President, Automotive Division at J.D. Power calls certain configurations — the less desirable ones — “unicorns”. “If you’re building configurations of a vehicle that are …
As the U.S. economy slides, pickup trucks have proven to be of interest to consumers but some auto dealerships are worried they will run out of inventory due to an impending shortage. “Our biggest issue will be if we don’t …
European vehicles that are imported into the U.K. may be subject to a 10 per cent import tariff next year unless a free trade agreement is reached with the European Union. The U.K. is planning to default to World Trade …
RV rentals have increased significantly in the U.S. as the novel coronavirus impacts how consumers plan their vacations. One example comes from peer-to-peer RV rental company RVshare, which said its bookings had increased 650 per cent. “RVshare said its study …
Sym-Tech Dealer Services launched Virtual F&I Powered by Sym-Tech in May to help dealers in Canada boost profitability and customer satisfaction amid COVID-19. The company said it took its F&I Performance Solution and created a full turnkey solution for dealers …
General Motors recently announced its CLEAN program for GM dealerships in the U.S. The News Wheel said the program provides dealers of the brand with guidelines pulled from the U.S. Centers for Disease Control and Prevention to help ensure their …
Uber has laid off another 3,000 staff members after cutting thousands of jobs in early May. It is also closing (and/or consolidating) approximately 45 offices worldwide. “The ride-hailing company has now reduced its workforce by 25 per cent, making these …
