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Showing results for tags 'dealers'.
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Dealers Want President Trump To Ease Fuel Economy Standards
William Maley posted an article in Automotive Industry
Since President Donald Trump was elected, automakers have been pushing for him to relax the stricter fuel economy and emission regulations coming into effect by 2025. Now there is another group calling for this. At the National Automobile Dealers Association (NADA) annual conference, dealers voiced support for the new president ease the upcoming regulations. "You inflate the price of the vehicle and a car that was maybe within reach of being affordable now may not be," said NADA's new chairman, Mark Scarpelli to Reuters. Scarpelli argues that the tech needed to improve fuel eco -
Cadillac is offering 400 of its smallest dealers a buyout if they don't want to be part of the ambitious and contentious Project Pinnacle. Automotive News reports the offers will range from $100,000 to $180,000. The dealers eligible for the buyout sold less than 50 new Cadillac models in 2015. While the 400 dealers make up 43 percent of Cadillac's total number of dealers in the U.S. (around 925), this group only made up 9 percent of total sales last year. Cadillac President Johan de Nysschen said the buyouts is to give those an alternative who don't want to forward with the new progr
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Cadillac is offering 400 of its smallest dealers a buyout if they don't want to be part of the ambitious and contentious Project Pinnacle. Automotive News reports the offers will range from $100,000 to $180,000. The dealers eligible for the buyout sold less than 50 new Cadillac models in 2015. While the 400 dealers make up 43 percent of Cadillac's total number of dealers in the U.S. (around 925), this group only made up 9 percent of total sales last year. Cadillac President Johan de Nysschen said the buyouts is to give those an alternative who don't want to forward with the new progr -
Volkswagen and their U.S. dealers have had a tense relationship since the diesel emission scandal broke. From the departure of Michael Horn to dealer meetings where tough questions were being asked to Volkswagen executives. But it seems some progress is being made on repairing it. In a statement released today, Volkswagen announced they have reached an “agreement in principle” with its dealers over compensation for losses due to the diesel emission scandal. According to Automotive News, the preliminary agreement will see dealers get a cash payout within 18 months from a settlement -
Volkswagen and their U.S. dealers have had a tense relationship since the diesel emission scandal broke. From the departure of Michael Horn to dealer meetings where tough questions were being asked to Volkswagen executives. But it seems some progress is being made on repairing it. In a statement released today, Volkswagen announced they have reached an “agreement in principle” with its dealers over compensation for losses due to the diesel emission scandal. According to Automotive News, the preliminary agreement will see dealers get a cash payout within 18 months from a settlement
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Karma Automotive To Use Dealers and Factory Stores To Sell Vehicles
William Maley posted an article in Karma
What is the best way to sell a vehicle? Is it through a dealership or a factory store? For Karma Automotive - the reincarnation of Fisker - plans to do both. Automotive News reports that by the end of this year, 10 franchised dealerships in key markets around the U.S. and Canada will begin selling the Revero. The dealers picked already sell brands like Bentley, Rolls-Royce, Lamborghini, and Porsche. "These guys really understand this customer. They get that it's not moving metal and pushing volume like the mass-market guys have to," said Jim Taylor, Karma's chief marketing officer. -
What is the best way to sell a vehicle? Is it through a dealership or a factory store? For Karma Automotive - the reincarnation of Fisker - plans to do both. Automotive News reports that by the end of this year, 10 franchised dealerships in key markets around the U.S. and Canada will begin selling the Revero. The dealers picked already sell brands like Bentley, Rolls-Royce, Lamborghini, and Porsche. "These guys really understand this customer. They get that it's not moving metal and pushing volume like the mass-market guys have to," said Jim Taylor, Karma's chief marketing officer.
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How far would you go to be the best selling automaker in a given class? If you're BMW, you employ a tactic that involves loaner vehicles and dealers to retain your crown as being the best-selling luxury brand in the U.S. Bloomberg is reporting that BMW paid its dealers as much as $1,750 in December to buy BMW vehicles to be used in loaner fleets - vehicles that would be offered to customers who drop off their current vehicle for service. The program worked as BMW edged out Lexus by 1,400 vehicles. Now it should be noted that many automakers have programs like this. But according to fol
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How far would you go to be the best selling automaker in a given class? If you're BMW, you employ a tactic that involves loaner vehicles and dealers to retain your crown as being the best-selling luxury brand in the U.S. Bloomberg is reporting that BMW paid its dealers as much as $1,750 in December to buy BMW vehicles to be used in loaner fleets - vehicles that would be offered to customers who drop off their current vehicle for service. The program worked as BMW edged out Lexus by 1,400 vehicles. Now it should be noted that many automakers have programs like this. But according to fol -
Fiat Chrysler Automobiles knows Jeep is one of the hottest selling brands in the U.S. and they have been thinking about ways to exploit that further. According to Automotive News, one possible way the company is thinking about is to allow dealers to open satellite centers for the Jeep brand. According to a source, this move mirrors an effort by FCA where they encourage dealers in truck-heavy marketplaces to open up satellite stores for their Ram Trucks brand. This allows dealers to create a storefront that can cater to truck buyers with a lot filled with a number of trims and configuration -
Fiat Chrysler Automobiles knows Jeep is one of the hottest selling brands in the U.S. and they have been thinking about ways to exploit that further. According to Automotive News, one possible way the company is thinking about is to allow dealers to open satellite centers for the Jeep brand. According to a source, this move mirrors an effort by FCA where they encourage dealers in truck-heavy marketplaces to open up satellite stores for their Ram Trucks brand. This allows dealers to create a storefront that can cater to truck buyers with a lot filled with a number of trims and configuration
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Volkswagen's dealers find themselves wondering what's next and if the diesel scandal would end. Dealers seemed hopeful when the initial fallout came as Volkswagen seemed to understand what could happen. The German automaker offered emergency aid to its dealers which earned Volkswagen of America's CEO Michael Horn a standing ovation at Volkswagen's national meeting. But three months on and a scandal that seems to go in a new direction every day, dealers are becoming worried and frustrated. "This thing isn't getting better with time. We don't have a fix. We don't have a timeline," sa
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As the Diesel Emits: Volkswagen's Dealers Become More Frustrated
William Maley posted an article in Volkswagen
Volkswagen's dealers find themselves wondering what's next and if the diesel scandal would end. Dealers seemed hopeful when the initial fallout came as Volkswagen seemed to understand what could happen. The German automaker offered emergency aid to its dealers which earned Volkswagen of America's CEO Michael Horn a standing ovation at Volkswagen's national meeting. But three months on and a scandal that seems to go in a new direction every day, dealers are becoming worried and frustrated. "This thing isn't getting better with time. We don't have a fix. We don't have a timeline," sa -
Volkswagen is looking to limit the damage that has been caused by the diesel emission scandal. According to Automotive News, part of this comes from buying some used TDI model on U.S. dealer lots at pre-crisis prices. Speaking with dealers briefed on the plan, Volkswagen will guarantee the value of used models equipped with 2.0 TDI containing the illegal software sitting on dealer lots. If the vehicles aren't sold within 60 days, Volkswagen will buy them back. In a memo from Volkswagen of America COO Mark McNabb, the program will take three phases. The first phase will have Volkswagen -
Volkswagen is looking to limit the damage that has been caused by the diesel emission scandal. According to Automotive News, part of this comes from buying some used TDI model on U.S. dealer lots at pre-crisis prices. Speaking with dealers briefed on the plan, Volkswagen will guarantee the value of used models equipped with 2.0 TDI containing the illegal software sitting on dealer lots. If the vehicles aren't sold within 60 days, Volkswagen will buy them back. In a memo from Volkswagen of America COO Mark McNabb, the program will take three phases. The first phase will have Volkswagen
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Cadillac's boss Johan de Nysschen has a plan to rehabilitate Cadillac's image. Part of this plan deals with the dealers with tightening inventory and end the sell-at-any-cost mentality. But as Automotive News reports, there is a slight problem as Cadillac's dealer incentive programs promote the opposite. One incentive attaches $700 in dealer bonus money to every Cadillac vehicle they order from the factory, while another has cash payouts for growing sales. “The business model has been structured more for the bigger brands inside General Motors, rather than the small Cadillac brand,” sa -
Cadillac's boss Johan de Nysschen has a plan to rehabilitate Cadillac's image. Part of this plan deals with the dealers with tightening inventory and end the sell-at-any-cost mentality. But as Automotive News reports, there is a slight problem as Cadillac's dealer incentive programs promote the opposite. One incentive attaches $700 in dealer bonus money to every Cadillac vehicle they order from the factory, while another has cash payouts for growing sales. “The business model has been structured more for the bigger brands inside General Motors, rather than the small Cadillac brand,” sa
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Cadillac's Dealers Hold On As de Nysschen's Plan Comes To Into Action
William Maley posted an article in Cadillac
Imagine you are a dealer sitting in a meeting and the head of the brand that you sell tells everyone that sales will get worse before they get better. Well that was what Johan de Nysschen, Cadillac's president told dealers last summer. Now dealers are getting a first look at 'worse' looks like. Automotive News that a number of dealers have lost on incentive cash in the first quarter because they missed sales targets set by GM. Discounts and lease offers have also dried up as well. Previously, Cadillac offered deals on the ATS and CTS to help remove the massive stock sitting on dealer lots. T -
Imagine you are a dealer sitting in a meeting and the head of the brand that you sell tells everyone that sales will get worse before they get better. Well that was what Johan de Nysschen, Cadillac's president told dealers last summer. Now dealers are getting a first look at 'worse' looks like. Automotive News that a number of dealers have lost on incentive cash in the first quarter because they missed sales targets set by GM. Discounts and lease offers have also dried up as well. Previously, Cadillac offered deals on the ATS and CTS to help remove the massive stock sitting on dealer lots. T
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Cadillac President Johan de Nysschen has a problem with the brand's dealers, specifically how many there are. According to data gathered by Autodata Corp and The Detroit News, Cadillac currently has 928 dealers in the U.S. A large number when compared to competitors in the luxury class such as Audi (281 dealers) and Mercedes-Benz (364). Factor in total sales for year and Cadillac finishes last with each dealer selling an average of 184 vehicles (170,750 vehicles sold for the year). This pales in comparison with the likes of Audi (648 vehicles sold last year per dealer) and Mercedes-Benz (978 v
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Cadillac President Johan de Nysschen has a problem with the brand's dealers, specifically how many there are. According to data gathered by Autodata Corp and The Detroit News, Cadillac currently has 928 dealers in the U.S. A large number when compared to competitors in the luxury class such as Audi (281 dealers) and Mercedes-Benz (364). Factor in total sales for year and Cadillac finishes last with each dealer selling an average of 184 vehicles (170,750 vehicles sold for the year). This pales in comparison with the likes of Audi (648 vehicles sold last year per dealer) and Mercedes-Benz (978 v -
Arriving Soon At Dealers, The Chevrolet Colorado and GMC Canyon
William Maley posted an article in GM News
Starting today, General Motors is beginning to ship their new midsize trucks to dealers across the U.S. GM says demand for the Chevrolet Colorado and GMC Canyon is very high, with 30,000 orders alone for the Colorado. GM has claimed that over 100,000 configurations of the two models have been created since the the "build your own" features went live on September 3rd. To help cope with this initial demand, GM has added 750 employees at their Wentzville, Mo. assembly plant to accommodate a third shift of production. Source: General Motors William Maley is a staff writer for Cheers & Gears -
Starting today, General Motors is beginning to ship their new midsize trucks to dealers across the U.S. GM says demand for the Chevrolet Colorado and GMC Canyon is very high, with 30,000 orders alone for the Colorado. GM has claimed that over 100,000 configurations of the two models have been created since the the "build your own" features went live on September 3rd. To help cope with this initial demand, GM has added 750 employees at their Wentzville, Mo. assembly plant to accommodate a third shift of production. Source: General Motors William Maley is a staff writer for Cheers & Gears
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Dodge has opened up the order books for dealers on the 2015 Challenger SRT Hellcat today. But not every dealer will have the chance to order one though. Automotive News reports that Dodge will base dealer allocation of Hellcats based on how many Dodge vehicles a dealer has sold within the past 180 days. That includes everything from the Dart to the Viper. A second allocation of Hellcats will follow in December and be be distributed based on the previous 90 days worth of sales. “You sell a lot of Darts for me, Journeys for me, Durangos for me, I’m going to give you the rights to this one, too
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Dodge Opening Orders Of Challenger SRT Hellcat.. But There's A Catch
William Maley posted an article in Dodge
Dodge has opened up the order books for dealers on the 2015 Challenger SRT Hellcat today. But not every dealer will have the chance to order one though. Automotive News reports that Dodge will base dealer allocation of Hellcats based on how many Dodge vehicles a dealer has sold within the past 180 days. That includes everything from the Dart to the Viper. A second allocation of Hellcats will follow in December and be be distributed based on the previous 90 days worth of sales. “You sell a lot of Darts for me, Journeys for me, Durangos for me, I’m going to give you the rights to this one, too
