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Retail
Chrysler Plans to Reinstate Dozens of Dealers
Monday, Mar. 29, 2010, 04:00 AM
Auto Group Editor Jennifer Reed
AUBURN HILLS, Mich. — Apparently, Chrysler Group has already sent 36 letters of intent or sales and service agreements for reinstatement to dealers whose contracts were rejected under the bankruptcy proceedings last year. And now, the automaker is looking to reinstate 50 additional dealers and is in the process of sending out another round of letters […] [Read More]
Toyota Rolls Out Special N.Y. Recall Services for Owners across the Nation
Monday, Mar. 29, 2010, 03:59 AM
Auto Remarketing
TORRANCE, Calif. — Late Friday, Toyota Motor Sales U.S.A. announced that, working in cooperation with Attorneys General across the country, the automaker will be extending on a nationwide basis the additional services being provided to Toyota and Lexus customers in New York affected by the company's recent recalls. [Read More]
Consumer Reports: Toyota Recalls Take Toll on Brand Loyalty
Monday, Mar. 29, 2010, 03:58 AM
Auto Remarketing
YONKERS, N.Y. — A follow-up to the Consumer Reports 2010 Car Brand Perception Survey revealed that Toyota loyalty is slipping in light of ongoing recalls and deteriorating public perception of the automaker. Officials indicated that among consumers who drive a Toyota regularly, 60 percent said they would most likely purchase a Toyota the next time they […] [Read More]
Ford: Orders for New Mustang Triple Last Year’s Number
Monday, Mar. 29, 2010, 03:55 AM
Auto Remarketing
DEARBORN, Mich. — In some positive news for the automaker to start the year, Ford said it is seeing blossoming interest for its new Mustang, as the number of orders for the 2011 model of the sports car is three times higher than the amount of requests for 2010 Mustang a year ago. Specifically, the automaker said that […] [Read More]
Pair of MileOne Dealerships Tapped with Five-Star Ratings
Monday, Mar. 29, 2010, 03:55 AM
Auto Remarketing
PIKESVILLE, Md. — MileOne Automotive recently learned that two of its Baltimore-area Chrysler dealers received the highest award available from the automaker for customer service. Earning 2009 Five Star Certification from Chrysler were Heritage Chrysler Dodge Jeep Parkville and Heritage Chrysler Dodge Jeep Owings Mills. Company executives highlighted the benchmarks a dealership must attain to earn […] [Read More]
Edmunds.com Hesitant About What February’s Sales Total Could Indicate
Monday, Mar. 29, 2010, 03:54 AM
Auto Remarketing
SANTA MONICA, Calif. — Edmunds.com analysts expect sales efforts in conjunction with Presidents' Day should push new-vehicle sales figures for February to a much stronger level than those recorded during the same month last year. But the site's apprehension stems from questioning the importance that one particular weekend could have on the entire month's sales performance. [Read More]
AIADA to Engage Federal Lawmakers During Annual Summit
Monday, Mar. 29, 2010, 03:54 AM
Auto Remarketing
WASHINGTON, D.C. — The American International Automobile Dealers Association has organized the chance to mingle with lawmakers from Capitol Hill as part of its upcoming International Auto Industry Summit. The two-day event will be conducted on May 19 and 20 at the St. Regis Hotel in Washington, D.C. AIADA highlighted that along with the chance to […] [Read More]
Edmunds.com Projects Huge Toyota Sales Spike
Friday, Mar. 26, 2010, 01:56 AM
Auto Remarketing
SANTA MONICA, Calif. — Toyota's generous incentives appear to be giving the automaker a significant sales performance boost, according to Edmunds.com. Site analysts believe Toyota's March sales figures should climb a whopping 82 percent as compared to February. The automaker's incentives include zero-percent APR financing for up to 60 months for qualified buyers on 2010 Avalon, […] [Read More]
Toyota Names Chief N.A. Quality Officer, Expands Depth of Quality-Control Groups
Friday, Mar. 26, 2010, 01:55 AM
Auto Remarketing
ERLANGER, Ky. — Toyota on Thursday continued to bolster its quality-control initiatives by announcing the formation of a North American Quality Task Force. This group is meant to guide the implementation of regional improvements and work closely with the Special Committee for Global Quality led by Toyota president Akio Toyoda. This new task force will be […] [Read More]
J.D. Power: Automakers Must Think Globally to Succeed
Friday, Mar. 26, 2010, 01:54 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — J.D. Power and Associates believes the ongoing metamorphosis of the auto industry into a completely global venture could produce more situations like the combined effort of Chrysler and Fiat. A firm expert who concentrates on analysis from a global perspective sees more joint ventures and collaboration in order for automakers to thrive […] [Read More]