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 …
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 …
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 …
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 …
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 …
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 …
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 …
This week, the Traffic Injury Research Foundation (TIRF) and the Toyota Canada Foundation, launched Brain on Board, a public education program aimed at increasing consumer awareness of vehicle safety systems. Recently released statistics have shown that as much as a …
Futurist and retail expert Jim Carroll will take the stage at the CADA Summit on Feb. 13 in Toronto and give dealers a wake up call about how quickly their world is about to change. “The pace of innovation in …
Stolen vehicle recovery market pioneer LoJack Corporation, has entered into a strategic alliance with Amsterdam based TomTom Inc., a leading supplier of location and navigation products and services. Through this alliance, LoJack will offer fleet telematics solutions beginning in the …
BMW AG and Toyota Motor Co. recently signed binding agreements aimed at long-term collaboration between the two companies for the joint development of a fuel cell system, joint development of architecture and components for a sports vehicle, and joint research …
According to a recent study by J.D. Power and Associates, consumers shopping for new vehicles are now considering more models before actually buying their latest car than in the past. The 2013 Avoider Study, revealed that today, shoppers consider on …
