Retail
Toyota Launches Hefty Incentives
Wednesday, Mar. 3, 2010, 12:00 PM
Auto Remarketing
TORRANCE, Calif. — In an effort to boost sales after the recent turmoil over recalls, Toyota rolled out what it calls the "most far-reaching sales program in its history" on Tuesday. Basically, the March Sales Event — a national marketing campaign that runs through April 5 — will feature financing, leasing and customer loyalty offers. This includes zero-percent […] [Read More]
Nissan Recalls 540,000 Trucks, Vans
Wednesday, Mar. 3, 2010, 11:59 AM
Auto Remarketing
FRANKLIN, Tenn. — Nissan said Wednesday morning that it is recalling close to 540,000 trucks and minivans throughout the world — a substantial portion of which are in the U.S. — to inspect and, if necessary, fix brake pedal pins and fuel-gauge components on the vehicles. The automaker emphasized that there have been no reports of accidents or […] [Read More]
GM Shakes Up Executive Structure Again, Commences Compact Recall
Wednesday, Mar. 3, 2010, 02:00 AM
Nick Zulovich
DETROIT — Coming on the heels of a recall of more than 1 million vehicles, General Motors shuffled more than a dozen top executives into new roles and responsibilities on Tuesday, prompting Mark Reuss, the GM North America president, to stress that now this arrangement is "my team." Among the wide-sweeping changes are dividing teams of […] [Read More]
Toyota Forms Quality, Safety Panel, Testifies Again on Capitol Hill
Wednesday, Mar. 3, 2010, 01:58 AM
Nick Zulovich
NEW YORK and WASHINGTON, D.C. — On the same day Toyota sent two top executives to Capitol Hill to testify before a Senate committee, the automaker named a former federal Secretary of Transportation to head a panel to examine its quality and safety issues. Toyota Motor North America tapped Rodney Slater on Tuesday to oversee its North […] [Read More]
Preliminary Approval of Settlement Reached in Suzuki Lawsuit
Wednesday, Mar. 3, 2010, 01:55 AM
Auto Remarketing
PHILADELPHIA — It was announced Monday that a preliminary approval of settlement has been achieved in a case involving an alleged design defect in certain Suzuki motorcycles. The U.S. District Court for the Southern District of Florida — Miami granted the preliminary approval of settlement in the case, which was a breach of warranty class action suit […] [Read More]
Chrysler Rolls Out New Dealer Standards
Tuesday, Mar. 2, 2010, 02:00 AM
Auto Group Editor Jennifer Reed
AUBURN HILLS, Mich. — As of February, Chrysler Group has completed rolling out new standards for dealers. According to a person close to the situation, large dealers selling up to 1,800 units could earn up to $200,000 from the automaker by giving customers superior customer service. Basically, the automaker began rolling out standards to its dealers […] [Read More]
Pa. Gov.: Sales Tax Cut Can Help Vehicle Sales
Tuesday, Mar. 2, 2010, 01:58 AM
Auto Remarketing
EAST NORRITON, Pa. — Addressing the Automobile Dealers Association of Greater Philadelphia late last week, Pennsylvania Gov. Edward Rendell argued that his proposed state sales tax cut can lead to improved auto sales and help close future state budget gaps. "My proposal lowers our sales tax rate by a third, increases the fairness of our business […] [Read More]
GM Launches New Marketing Plan to Drive Word-of-Mouth about Vehicles
Tuesday, Mar. 2, 2010, 01:56 AM
Auto Remarketing
DETROIT — General Motors unveiled a plan to turn more than 40,000 factory employees into marketing specialists for the automaker's lineup of vehicles in an effort to drive more traffic to dealers. The foundation of the GM Vehicle Plant Tour is to encourage the manufacturer's employees throughout North America to help drive awareness and sales in their […] [Read More]
Findlay Automotive Purchases California Chevrolet Store
Tuesday, Mar. 2, 2010, 01:54 AM
Auto Remarketing
HENDERSON, Nev. — Findlay Automotive Group has finalized its acquisition of Colorado River Chevrolet in Needles, Calif., and announced that it will be moving the dealership to Bullhead City, Ariz. The store — which will be the first Chevrolet dealership in Bullhead City — will be merged with Findlay Motor Co., the group's Buick and GMC store in […] [Read More]
Dealers Learn to Spot Potential Repos Early
Monday, Mar. 1, 2010, 01:00 PM
Nick Zulovich
WALNUT RIDGE, Ark. — Veteran executives in the buy-here, pay-here industry sometimes can sense if vehicle repossession is on the horizon. And knowing when to repossess is vital to offsetting and lessening the high risk that comes with being in the BHPH business. For instance, Fran Cavenaugh found that keeping close track of a customer's payment […] [Read More]