Tesla Direct Sales are ‘An Inconvenience:’ NADA Chairman

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Tesla Direct Sales are ‘An Inconvenience:’ NADA Chairman
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As Tesla tries to reinvent how people buy cars, traditional automotive retail practices have been called into question. Despite the brand’s new approach, which has attracted a lot of attention, today’s arrangement is not without its benefits according to the dealers.  Continue Reading...

Government Meddling is Costing Car Buyers

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Government Meddling is Costing Car Buyers
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“Today, customers can afford new cars because dealers compete fiercely,” said Bill Fox, chairman of the National Automobile Dealers Association (NADA) while speaking at an Automotive Press Association meeting in Detroit. Continue Reading...

Costco Sold Nearly 400,000 Cars Last Year

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Costco Sold Nearly 400,000 Cars Last Year
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When it’s time to purchase a new ride what’s the first place that comes to mind? For most people it’s probably a dealership. But did you know it’s possible to buy a car or truck at Costco? In fact the membership warehouse sold nearly 400,000 vehicles last year. Continue Reading...

August 2014 Auto Sales: Winners and Losers

August 2014 Auto Sales: Winners and Losers
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Like memories of band camp August is dead and buried. Regrettably the eighth month of the year didn’t go quietly; it took summer down with it. Sure, the season’s not officially over but we’re too emotionally devastated about the loss to care. At least new-vehicle sales in the U.S. were strong. Continue Reading...

Detroit 3 to Shorten or Cancel Summer Breaks at Plants

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Detroit 3 to Shorten or Cancel Summer Breaks at Plants
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Auto production plants usually shut down for about two weeks in July to provide employees with a vacation and to give the company time to upgrade or inspect their facilities, but strong sales are leaving no extra time to stop the assembly line. Continue Reading...

Chinese Car-Buyers Prefer Foreign Automotive Brands

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Chinese Car-Buyers Prefer Foreign Automotive Brands
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China is the wild, wild east of the automotive industry. Home to more than 1 billion people and counting, it’s a hugely important market for car companies. There are many domestic brands over there but curiously foreign companies are making significant headway. Continue Reading...

March 2014 Auto Sales: Winners and Losers

March 2014 Auto Sales: Winners and Losers
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Spring is here and the U.S. automotive market saw its overall sales rise six percent in March, shaking off the slow start to 2014. Compared to 2013, the seasonally adjusted sales rate has grown from 15.3-million units in 2013 to 16.4-million units and is the best showing since November 2013, and among the highest in… Continue Reading...
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