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 …
Although BMW AG is leading against rival Mercedes-Benz in global sales, in the U.S. it’s currently the other way around. Mercedes-Benz has taken the lead due to incentives such as its Loyalty Accelerator program, which is designed to make it …
Another month of steady year-over-year growth in September (+6.4 per cent) keeps Canadian new-vehicle sales on track for a near-record year. With 143,143 light vehicles sold, it was the best result for the month since way back in 2000. …
Steven Rattner, who was appointed by President Obama to lead the government’s automotive task force, has said that Ford would have ceased operations too, if it hadn’t have been for federal and provincial aid provided to Chrysler and General Motors. …
Volkswagen AG has reported that sales growth in Europe has slowed to its lowest level in eight months. VW delivered a total of 492,500 vehicles in September, which represents the smallest gain since January’s 0.1 per cent. As a result, …
As part of its ongoing program to become a true, globally focused entity, General Motors recently announced the appointment of Robert E. Ferguson to the newly created position of vice president, global Cadillac. Ferguson, a former telecommunications executive who joined …
Recently, Manheim Canada’s 2012 Annual Canadian Client Advisory Board (CCAB) hosted the nation’s top national customers and remarketers at a two-day discussion and learning event in picturesque Muskoka, Ont. “Our goal was to provide a collaborative, interactive and value-added session …
