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Found 110 results

  1. By William Maley Staff Writer - CheersandGears.com May 13, 2013 Despite rising sales of Fiat 500 in the past few months, some Fiat dealers are finding it difficult to break even. "I'm struggling to break even. With the one car in a small (volume) segment, it's a tough go right now," said Gary Brown, owner of a Fiat dealer on Long Island and chairman of the Chrysler Dealer Council. Dealers are very antsy get to new products such as the new 500L later this year as it should help bring more people into Fiat dealers. "The four-door (500L) is really going to be a shot in the arm. It will put a franchise on more people's radar as they are shopping for a small car," Brown said. But the one product lineup Fiat dealers are still wondering about is Alfa Romeo. The 4C sports car is due in the U.S. later this year or early next year. After that, who really knows. Several Fiat dealers told Reuters that Fiat has postponed a meeting discussing new products twice and that a new date hasn't been set. When asked about the meetings, a Fiat spokesman declined to comment. Source: Reuters William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  2. By William Maley Staff Writer - CheersandGears.com April 29, 2013 Oh to be a fly on the wall during this meeting. Automotive News reports that at a at a national dealer meeting in Las Vegas last month, General Motors introduced the new ATS Coupe and 2015 Escalade. As we reported last week, Cadillac has begun to work on the ATS Coupe. Dealers who were at the meeting say coupe is expected to reach showrooms next spring. Dealers also said that executives hope the new coupe will help bring in a younger crowd. Cadillac is keeping quiet on the powertrain lineup, but Automotive News guesses that ATS Coupe will have the same powertrain lineup as the ATS Sedan. As for the 2015 Escalade, dealers say the exterior design is evolutionary Inside sees some dramatic changes as wood and aluminum trim are placed throughout and the third-row will be electronically controlled. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  3. By William Maley Staff Writer - CheersandGears.com April 29, 2013 Oh to be a fly on the wall during this meeting. Automotive News reports that at a at a national dealer meeting in Las Vegas last month, General Motors introduced the new ATS Coupe and 2015 Escalade. As we reported last week, Cadillac has begun to work on the ATS Coupe. Dealers who were at the meeting say coupe is expected to reach showrooms next spring. Dealers also said that executives hope the new coupe will help bring in a younger crowd. Cadillac is keeping quiet on the powertrain lineup, but Automotive News guesses that ATS Coupe will have the same powertrain lineup as the ATS Sedan. As for the 2015 Escalade, dealers say the exterior design is evolutionary Inside sees some dramatic changes as wood and aluminum trim are placed throughout and the third-row will be electronically controlled. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  4. By William Maley Staff Writer - CheersandGears.com March 22, 2013 Automotive News is reporting that Mazda is planning to launch the new Mazda3 compact later this fall. This information comes from three Mazda dealers who were informed by the company about this plan. The Mazda3, while getting up there in age, still remains a vital model for Mazda. Last year, the 3 captured 6% of the compact market, well above the 1.9% market share Mazda had last year. The next 3 will will adopt the Mazda's Kodo design language seen on the Mazda6 and CX-5. The 3 will also feature the full suite of SKYACTIV technologies, inlcuding a 2.0L SKYACTIV-G engine. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  5. By William Maley Staff Writer - CheersandGears.com March 22, 2013 Automotive News is reporting that Mazda is planning to launch the new Mazda3 compact later this fall. This information comes from three Mazda dealers who were informed by the company about this plan. The Mazda3, while getting up there in age, still remains a vital model for Mazda. Last year, the 3 captured 6% of the compact market, well above the 1.9% market share Mazda had last year. The next 3 will will adopt the Mazda's Kodo design language seen on the Mazda6 and CX-5. The 3 will also feature the full suite of SKYACTIV technologies, inlcuding a 2.0L SKYACTIV-G engine. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  6. By William Maley Staff Writer - CheersandGears.com March 24, 2013 More MKZs are coming! That's what in essence Ford's president of the Americas, Joe Hinrichs said last Thursday after a supplier event at Ford's Dearborn campus. "We expect to have a rather large amount of vehicles in the delivery process … in the last 10 days of the month," Hinrichs said. Hinrichs explained that Lincoln MKZs aren't being shipped no longer being shipped from Ford's Hermosillo, Mexico plant, to another plant in Flat Rock for additional inspection and repairs. The reason for the additional inspection and repairs is due to Ford's recent track record of new vehicles not having a smooth introduction (see the Escape and Fusion as examples). When asked about problems Lincoln were addressing with the MKZ, Hinrichs didn't go into detail. "I don't want to blame the supply base. We've had our own internal issues as well." Even with the delay, Hinrichs said Lincoln has minimized the number of customers going to another brand by offering extended leases until MKZs reach dealers. We're not quite how many customers Lincoln has kept since sales in last two months have dropped by 25%, mostly in part of the small number of MKZs on dealer lots. Source: The Detroit News William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  7. By William Maley Staff Writer - CheersandGears.com March 24, 2013 More MKZs are coming! That's what in essence Ford's president of the Americas, Joe Hinrichs said last Thursday after a supplier event at Ford's Dearborn campus. "We expect to have a rather large amount of vehicles in the delivery process … in the last 10 days of the month," Hinrichs said. Hinrichs explained that Lincoln MKZs aren't being shipped no longer being shipped from Ford's Hermosillo, Mexico plant, to another plant in Flat Rock for additional inspection and repairs. The reason for the additional inspection and repairs is due to Ford's recent track record of new vehicles not having a smooth introduction (see the Escape and Fusion as examples). When asked about problems Lincoln were addressing with the MKZ, Hinrichs didn't go into detail. "I don't want to blame the supply base. We've had our own internal issues as well." Even with the delay, Hinrichs said Lincoln has minimized the number of customers going to another brand by offering extended leases until MKZs reach dealers. We're not quite how many customers Lincoln has kept since sales in last two months have dropped by 25%, mostly in part of the small number of MKZs on dealer lots. Source: The Detroit News William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  8. By William Maley Staff Writer - CheersandGears.com February 22, 2013 If you're wondering where you can pick up a new Alfa Romeo 4C when it arrives at the end of the year, you should find if your nearest Fiat dealer is one of the best selling in the nation. Automotive News is reporting that only a small number of the 202 Fiat dealers will be able to sell the 1,000 Alfa Romeo 4Cs coming to the states each year. How will Chrysler determine which Fiat dealers will be able to sell the 4C? By seeing which Fiat dealers that meet sales and customer service goals. "The 4C is the first vehicle that comes at the end of this calendar year, and it's going to go to the current Fiat dealers that are performing.So if you're selling and you're taking care of your customer, you'll be first up for Alfa Romeo," said Peter Grady, Chrysler Group vice president for network development and fleet. One stipulation that was originally planned for Fiat dealers who wanted Alfa Romeo was to have a mandatory inclusion of an attached service department. This has been pushed back to 2015 when more Alfa Romeo models arrive. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  9. By William Maley Staff Writer - CheersandGears.com February 22, 2013 If you're wondering where you can pick up a new Alfa Romeo 4C when it arrives at the end of the year, you should find if your nearest Fiat dealer is one of the best selling in the nation. Automotive News is reporting that only a small number of the 202 Fiat dealers will be able to sell the 1,000 Alfa Romeo 4Cs coming to the states each year. How will Chrysler determine which Fiat dealers will be able to sell the 4C? By seeing which Fiat dealers that meet sales and customer service goals. "The 4C is the first vehicle that comes at the end of this calendar year, and it's going to go to the current Fiat dealers that are performing.So if you're selling and you're taking care of your customer, you'll be first up for Alfa Romeo," said Peter Grady, Chrysler Group vice president for network development and fleet. One stipulation that was originally planned for Fiat dealers who wanted Alfa Romeo was to have a mandatory inclusion of an attached service department. This has been pushed back to 2015 when more Alfa Romeo models arrive. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  10. By William Maley Staff Writer - CheersandGears.com February 12, 2013 Right now isn't a good time to be Lincoln. Executives recently had to deal with frustrated dealers at National Automobile Dealers Association Convention and Expo in Orlando, FL. The frustrations stem from the lack of the new MKZ on dealer lots. Don Chalmers, a Ford and Lincoln dealer from New Mexico tells The Detroit News that with the lack of inventory, they're losing sales from customers who want to buy. Lincoln sales in January were to say in the least, abysmal. Total sales was around 4,191 vehicles, an 18% drop when compared to last year. MKZ sales suffered badly; Lincoln only sold 453 vehicles for the month, despite the MKZ having the biggest number of pre-orders in Lincoln history. The small number of sales is due to the numerous quality checks going on at Ford's Hermosillo, Mexico assembly plant to make sure each MKZ is just right. In fact, Ford is shipping some of the MKZs to a factory in Flat Rock, Michigan for a closer inspection. Analysts believe Ford is going to these measures to to avoid therecall issues that have plagued recent launches including the Escape and Fusion. Ford executives say Lincoln dealers won't have a full inventory of MKZs till April. Source: The Detroit News, Bloomberg William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  11. By William Maley Staff Writer - CheersandGears.com February 12, 2013 Right now isn't a good time to be Lincoln. Executives recently had to deal with frustrated dealers at National Automobile Dealers Association Convention and Expo in Orlando, FL. The frustrations stem from the lack of the new MKZ on dealer lots. Don Chalmers, a Ford and Lincoln dealer from New Mexico tells The Detroit News that with the lack of inventory, they're losing sales from customers who want to buy. Lincoln sales in January were to say in the least, abysmal. Total sales was around 4,191 vehicles, an 18% drop when compared to last year. MKZ sales suffered badly; Lincoln only sold 453 vehicles for the month, despite the MKZ having the biggest number of pre-orders in Lincoln history. The small number of sales is due to the numerous quality checks going on at Ford's Hermosillo, Mexico assembly plant to make sure each MKZ is just right. In fact, Ford is shipping some of the MKZs to a factory in Flat Rock, Michigan for a closer inspection. Analysts believe Ford is going to these measures to to avoid therecall issues that have plagued recent launches including the Escape and Fusion. Ford executives say Lincoln dealers won't have a full inventory of MKZs till April. Source: The Detroit News, Bloomberg William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  12. By William Maley Staff Writer - CheersandGears.com February 2, 2013 Read any review of the Chevrolet Malibu Eco and most, if not all will say the mild hybrid system used doesn’t provide enough improvement in the fuel economy to justify the price. Chevrolet dealers are saying the same thing with consumers skipping over the Eco model. "For most people, it's hard to justify the extra money based on the extra fuel economy of a combined 3 mpg more than the base model. You've got the base LS model sitting next to it that's just as nice and luxurious," said Jeff Tuckman, inventory manager at Castle Chevrolet in suburban Chicago. Another Chevrolet dealer in New Jersey puts it more bluntly. "The fuel economy difference from the other models isn't so great that buyers are saying, 'I'll choose a smaller trunk and pay more money.'" This isn’t good news for General Motors. The company is making a big bet with mild hybrids, known as eAssist. Last year, GM set an ambitious goal of selling 500,000 electrified vehicles by 2017; the vast majority being mild hybrids. GM says the take rate for the Malibu Eco is 8% of total Malibu sales, below the initial forecast of 10%. "Getting the consumer to embrace the incremental gains in fuel efficiency from the mild-hybrid system can be problematic given all the improvements that have been made" on regular gasoline engines. I think GM knows they've got to improve" eAssist's mpg numbers,” sid Alan Baum, a Detroit-area automotive analyst who tracks electrified vehicle sales. Source: Autoweek William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  13. By William Maley Staff Writer - CheersandGears.com February 2, 2013 Read any review of the Chevrolet Malibu Eco and most, if not all will say the mild hybrid system used doesn’t provide enough improvement in the fuel economy to justify the price. Chevrolet dealers are saying the same thing with consumers skipping over the Eco model. "For most people, it's hard to justify the extra money based on the extra fuel economy of a combined 3 mpg more than the base model. You've got the base LS model sitting next to it that's just as nice and luxurious," said Jeff Tuckman, inventory manager at Castle Chevrolet in suburban Chicago. Another Chevrolet dealer in New Jersey puts it more bluntly. "The fuel economy difference from the other models isn't so great that buyers are saying, 'I'll choose a smaller trunk and pay more money.'" This isn’t good news for General Motors. The company is making a big bet with mild hybrids, known as eAssist. Last year, GM set an ambitious goal of selling 500,000 electrified vehicles by 2017; the vast majority being mild hybrids. GM says the take rate for the Malibu Eco is 8% of total Malibu sales, below the initial forecast of 10%. "Getting the consumer to embrace the incremental gains in fuel efficiency from the mild-hybrid system can be problematic given all the improvements that have been made" on regular gasoline engines. I think GM knows they've got to improve" eAssist's mpg numbers,” sid Alan Baum, a Detroit-area automotive analyst who tracks electrified vehicle sales. Source: Autoweek William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  14. By William Maley Staff Writer - CheersandGears.com January 23, 2013 Chevrolet appears to be taking some notes from SRT's playbook on how to sell the Corvette Stingray. According to Automotive News, General Motors told Chevrolet dealers that if they had sold four or more Corvettes in 2012, they would be able to sell the Stingray. This move will effect hundreds of Chevrolet dealers. "I don't anticipate getting the new Corvette this year, and many smaller dealers like me won't get it either," says Byron Hansen, a Chevrolet dealer in Brigham City, Utah. Dealers who did not hit the sales mark last year are very disappointed, since they used the Corvette as a way to bring people in. "Being a Chevy dealer and not being able to sell Corvette -- that makes me sad," says Jim Stutzman, owner of Jim Stutzman Chevrolet-Cadillac in Winchester, Va. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  15. By William Maley Staff Writer - CheersandGears.com January 23, 2013 Chevrolet appears to be taking some notes from SRT's playbook on how to sell the Corvette Stingray. According to Automotive News, General Motors told Chevrolet dealers that if they had sold four or more Corvettes in 2012, they would be able to sell the Stingray. This move will effect hundreds of Chevrolet dealers. "I don't anticipate getting the new Corvette this year, and many smaller dealers like me won't get it either," says Byron Hansen, a Chevrolet dealer in Brigham City, Utah. Dealers who did not hit the sales mark last year are very disappointed, since they used the Corvette as a way to bring people in. "Being a Chevy dealer and not being able to sell Corvette -- that makes me sad," says Jim Stutzman, owner of Jim Stutzman Chevrolet-Cadillac in Winchester, Va. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  16. By William Maley Staff Writer - CheersandGears.com January 22, 2013 Last year, we reported on new legislation that wouldn't allow any rental-car company or car dealer to loan/sell any recalled vehicle before the necessary repairs have been made. Currently, only new vehicles cannot be sold unless the necessary repairs have been carried out. At the time, rental-car companies opposed the legislation, but have since agreed with it. Now dealers and smaller rental-car companies are fighting for an exemption from this legislation. Bailey Wood, spokesman for the National Automobile Dealers Association tells USA Today that dealers have a financial incentive to fix recalled cars quickly since manufacturers are paying for the work. However Wood adds that many recalls are minor and might not justify taking vehicles out of service. "Not all recalls are the same. It could be a windshield wiper problem in Death Valley," said Wood. Steve Jordan, chief operating officer of the National Independent Automobile Dealers Association says they have no problems with fixing vehicles with a recall notice. They would like a better notice of a recall. "Philosophically, we don't have a problem fixing a vehicle that has an open recall notice -- as long as we know about it." The General Accounting Office (GAO) reports that in 2009, sales of used cars totaled 11 million. The office has urged NHTSA to require them to make repairs before selling vehicles that are under recall as “many consumers may be unknowingly putting their lives at risk by purchasing a defective vehicle.” "The agency believes that all vehicles under recall should be promptly repaired -- regardless of whether they are new, used, leased, or rented," David Strickland, the National Highway Traffic Safety Administration chief said in a statement. Source: USA Today William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  17. By William Maley Staff Writer - CheersandGears.com January 22, 2013 Last year, we reported on new legislation that wouldn't allow any rental-car company or car dealer to loan/sell any recalled vehicle before the necessary repairs have been made. Currently, only new vehicles cannot be sold unless the necessary repairs have been carried out. At the time, rental-car companies opposed the legislation, but have since agreed with it. Now dealers and smaller rental-car companies are fighting for an exemption from this legislation. Bailey Wood, spokesman for the National Automobile Dealers Association tells USA Today that dealers have a financial incentive to fix recalled cars quickly since manufacturers are paying for the work. However Wood adds that many recalls are minor and might not justify taking vehicles out of service. "Not all recalls are the same. It could be a windshield wiper problem in Death Valley," said Wood. Steve Jordan, chief operating officer of the National Independent Automobile Dealers Association says they have no problems with fixing vehicles with a recall notice. They would like a better notice of a recall. "Philosophically, we don't have a problem fixing a vehicle that has an open recall notice -- as long as we know about it." The General Accounting Office (GAO) reports that in 2009, sales of used cars totaled 11 million. The office has urged NHTSA to require them to make repairs before selling vehicles that are under recall as “many consumers may be unknowingly putting their lives at risk by purchasing a defective vehicle.” "The agency believes that all vehicles under recall should be promptly repaired -- regardless of whether they are new, used, leased, or rented," David Strickland, the National Highway Traffic Safety Administration chief said in a statement. Source: USA Today William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  18. William Maley Staff Writer - CheersandGears.com January 4, 2013 The Massachusetts State Automobile Dealers Association lost again in court this week against Tesla. On Monday, Norfolk County Superior Court Judge Kenneth Fishman dismissed the dealers association's case on the grounds of lacking a standing to bring a case forth. This is the latest blow to the Massachusetts State Automobile Dealers Association efforts to stop Tesla from running a store in Boston. Back in November, the Massachusetts Superior Court denied an injunction filed by the association to stop Tesla from operating their store. "We disagree with his decision. If you read the statute, it's pretty clear: a factory cannot own a store, and a dealer can sue for injunctive relief if they feel the public is being harmed," said Robert O'Koniewski, the association's executive vice president on Thursday. O'Koniewski said they are considering options of where to go next. “We are delighted by the outright dismissal of this case and the validation that we are operating our business in compliance with the laws and expectations of the Commonwealth of Massachusetts. We are confident that other states will also come to this same conclusion and look forward to following through on our commitment to introduce consumers to electric vehicle technology in an open, friendly, no-pressure environment,” said Elon Musk, Tesla co-founder and CEO in a statement. Source: Automotive News (Subscription Required), Tesla William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. Related Stories: Tesla's Factory Stores Draws Ire From Dealers Tesla Gets Sued By Dealer Associations In Two States Massachusetts Dealer Association Denied Injunction Against Tesla
  19. William Maley Staff Writer - CheersandGears.com January 4, 2013 The Massachusetts State Automobile Dealers Association lost again in court this week against Tesla. On Monday, Norfolk County Superior Court Judge Kenneth Fishman dismissed the dealers association's case on the grounds of lacking a standing to bring a case forth. This is the latest blow to the Massachusetts State Automobile Dealers Association efforts to stop Tesla from running a store in Boston. Back in November, the Massachusetts Superior Court denied an injunction filed by the association to stop Tesla from operating their store. "We disagree with his decision. If you read the statute, it's pretty clear: a factory cannot own a store, and a dealer can sue for injunctive relief if they feel the public is being harmed," said Robert O'Koniewski, the association's executive vice president on Thursday. O'Koniewski said they are considering options of where to go next. “We are delighted by the outright dismissal of this case and the validation that we are operating our business in compliance with the laws and expectations of the Commonwealth of Massachusetts. We are confident that other states will also come to this same conclusion and look forward to following through on our commitment to introduce consumers to electric vehicle technology in an open, friendly, no-pressure environment,” said Elon Musk, Tesla co-founder and CEO in a statement. Source: Automotive News (Subscription Required), Tesla William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. Related Stories: Tesla's Factory Stores Draws Ire From Dealers Tesla Gets Sued By Dealer Associations In Two States Massachusetts Dealer Association Denied Injunction Against Tesla View full article
  20. William Maley Staff Writer - CheersandGears.com January 2, 2013 Dealerships are used to to training sales and service professionals, and buying new tools when new models arrive. But for a small subset of Chevrolet dealers, the cost of selling the Volt and its pricey additional tool and equipment costs are causing them to stop selling the Volt. A new report from Automotive News says that a small number of dealers have decided to stop selling the Volt due to the specialized equipment costs and GM requiring a more significant investment in the near future, and slow sales not being able to recuperate those investments. Last year, 2,614 Chevrolet dealers were certified to sell the Volt (out of 3,079 dealerships). 70% of Volt sales came from 300 highest-volume dealers – leaving the remaining 2,314 dealerships to fight for the remaining 30 percent. "Going forward, the profitability would be really hard for us to justify the expense of the repair tools," said Allyn Barnard, owner of Jim Barnard Chevrolet in Churchville, New York. The dealer only sold five Volts last year. Other dealers are toughing it out. John Holt, owner of John Holt Chevrolet-Cadillac in Chickasha, Oklahoma says even though he has sold five Volts last year, he'll be sticking with the Volt partly due to the new Cadillac ELR coming out. "I've heard that a lot of the non-metro dealers have opted out" of the certified Volt program said Holt. "But with the new Cadillac coming, I figured I'd be foolish not to buy the damn $5,100 tool." Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  21. William Maley Staff Writer - CheersandGears.com January 2, 2013 Dealerships are used to to training sales and service professionals, and buying new tools when new models arrive. But for a small subset of Chevrolet dealers, the cost of selling the Volt and its pricey additional tool and equipment costs are causing them to stop selling the Volt. A new report from Automotive News says that a small number of dealers have decided to stop selling the Volt due to the specialized equipment costs and GM requiring a more significant investment in the near future, and slow sales not being able to recuperate those investments. Last year, 2,614 Chevrolet dealers were certified to sell the Volt (out of 3,079 dealerships). 70% of Volt sales came from 300 highest-volume dealers – leaving the remaining 2,314 dealerships to fight for the remaining 30 percent. "Going forward, the profitability would be really hard for us to justify the expense of the repair tools," said Allyn Barnard, owner of Jim Barnard Chevrolet in Churchville, New York. The dealer only sold five Volts last year. Other dealers are toughing it out. John Holt, owner of John Holt Chevrolet-Cadillac in Chickasha, Oklahoma says even though he has sold five Volts last year, he'll be sticking with the Volt partly due to the new Cadillac ELR coming out. "I've heard that a lot of the non-metro dealers have opted out" of the certified Volt program said Holt. "But with the new Cadillac coming, I figured I'd be foolish not to buy the damn $5,100 tool." Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article
  22. William Maley Staff Writer - CheersandGears.com December 6, 2012 A month a after American Suzuki Corporation filled for bankruptcy and announced the closure of its automotive branch, 98% of its dealers (213 dealers) have agreed to a settlement offered by the company. The settlement would compensate dealers 50% within ten days of the agreement, with the rest following after the bankruptcy proceeding. The settlements also allow former dealers to operate as a service centers to provide warranty and repair services for Suzuki vehicles. "We greatly value our relationship with our customers, and it is very important to us that they continue to receive the necessary support from ASMC during and after our restructuring. As these agreements demonstrate, we are working within our current U.S. automotive dealer network to help structure a smooth transition from new automobile sales to exclusively parts and service operations," said Freddie Reiss, American Suzuki's chief restructuring officer. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. Related Stories: Suzuki Vehicles Bid Adieu, Files Chapter 11 Suzuki Dealers Are Stuck Between A Rock And A Hard Place
  23. William Maley Staff Writer - CheersandGears.com December 6, 2012 A month a after American Suzuki Corporation filled for bankruptcy and announced the closure of its automotive branch, 98% of its dealers (213 dealers) have agreed to a settlement offered by the company. The settlement would compensate dealers 50% within ten days of the agreement, with the rest following after the bankruptcy proceeding. The settlements also allow former dealers to operate as a service centers to provide warranty and repair services for Suzuki vehicles. "We greatly value our relationship with our customers, and it is very important to us that they continue to receive the necessary support from ASMC during and after our restructuring. As these agreements demonstrate, we are working within our current U.S. automotive dealer network to help structure a smooth transition from new automobile sales to exclusively parts and service operations," said Freddie Reiss, American Suzuki's chief restructuring officer. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. Related Stories: Suzuki Vehicles Bid Adieu, Files Chapter 11 Suzuki Dealers Are Stuck Between A Rock And A Hard Place View full article
  24. William Maley Staff Writer - CheersandGears.com December 3, 2012 Subaru is doing its best to keep up with the demand of the new BRZ coupe. Since its arrival at dealers in May, Subaru has sold 3,467 BRZs; well over half of the 6,000 BRZs that Subaru of America has asked for annually. "We are selling all the BRZs we can get.We have been sold out since the car was introduced," said Subaru of America's COO Tom Doll. Doll told Automotive News that they will be getting an extra 2,000 BRZs over the next four months to help keep up with demand. At this point, its unclear if Subaru of America will continue with the boost in volume. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.
  25. William Maley Staff Writer - CheersandGears.com December 3, 2012 Subaru is doing its best to keep up with the demand of the new BRZ coupe. Since its arrival at dealers in May, Subaru has sold 3,467 BRZs; well over half of the 6,000 BRZs that Subaru of America has asked for annually. "We are selling all the BRZs we can get.We have been sold out since the car was introduced," said Subaru of America's COO Tom Doll. Doll told Automotive News that they will be getting an extra 2,000 BRZs over the next four months to help keep up with demand. At this point, its unclear if Subaru of America will continue with the boost in volume. Source: Automotive News (Subscription Required) William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster. View full article

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