Remove Automobile Remove Blog Remove Dealers
article thumbnail

Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.

The Truth About Cars

A few years ago, your author speculated that Toyota would probably be having a good run as there was mounting evidence that Americans couldn’t really afford new automobiles. The dealer network size "limits our ability to go to the next level in share and sales volume," Chaffin said. But they have no dealer nearby to make that purchase."

article thumbnail

NY Judge Pauses Ford’s EV Dealer Requirements

The Truth About Cars

Ford introduced its tiered dealer program nearly twelve months ago, splitting stores interested in selling electric into “Model e Certified Elite” and “Model e Certified.” In exchange, dealers are given access to demo vehicles and a factory guarantee for limited EV allocations.&

Dealers 109
article thumbnail

How Are We Feeling About The Automotive Market These Days?

The Truth About Cars

Dealer markups may have abated to a degree, with discounts starting to manifest, but we dont really seem to be encountering the kinds of reasonable pricing North America enjoyed prior to 2020. Baby Boomers) are also starting to age out of driving, with many already having purchased their final automobile.

Market 104
article thumbnail

Volkswagen and Audi Dealers Are Suing Scout Motors in Florida

The Truth About Cars

John Forehand, one of the lawyers representing the dealers in the lawsuit, told Automotive News that Volkswagen owns more than 30 percent of Scout Motors. Dealers are arguing that Scout taking deposits are effectively the same as sales, equating them to down payments. The public may not, however.

Florida 100
article thumbnail

Penske Automotive Buys Largest Ford Dealer Network By Sales

The Truth About Cars

Penske Automotive Group has just purchased Michigan’s Bill Brown Ford in Michigan, which sells more Ford-badged automobiles than any other retailer in the world. In its most-recent dealer acquisition, the company said it was expanding its North American retail operations presence in the Midwest and diversifying the business.

Dealers 104
article thumbnail

GM Issues Factory Solution for Midsize Pickups Damaged By Automatic Car Wash

The Truth About Cars

But Ive never heard someone complain to me about finding phantom dents after toweling down their own automobile. You may want to speak with your dealer. Making sure the vehicle is not getting dented and scratched is just a bonus. Anecdotes about the automatic car wash are plentiful. It doesnt excuse the roof defect in the slightest.

GM 97
article thumbnail

U.S. Dealers Are Very Angry With Stellantis Leadership Right Now

The Truth About Cars

dealer network is none too pleased with the manufacturer and looks to be blaming CEO Carlos Tavares. The National Dealer Council has sent an open letter to the executive and it doesn’t pull any punches. Dealers want more investments to go toward clearing out older inventories and developing new models that would help boost sales.

Dealers 96