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 …
The United Kingdom announced that it will replace the European Union’s external tariff as part of its post-Brexit tariff regime, said Global News. On the vehicle front, it will maintain a 10 per cent levy on cars but cut tariffs …
Sales of pickup trucks have increased in Australia as COVID-19 lockdown restrictions are eased. The federal government’s $150,000 instant asset tax write-off plan has also had a significant impact on expensive utility vehicles. CarAdvice said many dealers reported a return …
Niel Hiscox, Publisher, Canadian auto dealer and Chuck Seguin, President of Seguin Advisory Services discuss the impact of the COVID-19 pandemic and how it won’t be evenly felt across the industry. The discussion considers the situations specifically faced by smaller …
Automotive dealerships, construction sites and some retail stores are preparing to open on May 19 in Ontario in an effort to restart the economy. It’s all part of a three-stage reopening process, with each phase lasting two to four weeks. …
