Archive for the ‘dealer operations’ Category

Dealer Shrinkage May Increase New Car Prices

New car and truck prices start with the MSRP (Manufacturer’s Suggested Retail Price) which federal law mandates to be published and affixed to all new automobiles delivered by the factory to its dealers, and which must remain on the vehicles until sold to the first consumer.

 

Died and Gone To Heaven

Just two weeks ago, Ford said it was putting down the Mercury brand by year’s end and consolidating its luxury lines under the Lincoln nameplate. We thought, “Another one bites the dust.” And what a surprise, since the

 

Saab Off Life Support, Rx Is Loyalists

After our last post on the dying nameplates in the auto industry, alert reader AJ Murphy of Just Saab of Cincinnati (www.justsaab.com) pointed out that the Spyker Cars NV acquisition of Saab was consummated on February 23. Quite so, and this week’s Automotive News (www.autonews.com/) carries additional details. Mike Colleran of Saab Cars North America agrees [...]

 

Cash for Clunkers Was Shot in the Arm

Despite all the carping by media and polticians of both stripes, our clients affirm that Cash For Clunkers was a qualified success, in that it provided a needed shot in the arm for the entire industry. Although there was an anticipated drop off after the conclusion of the program, it did allow for needed cash [...]

 

Clunkers Cash Trickles Down

The successful Cash For Clunkers (Car Allowance Rebate System) is over– except for voucher payments, slowly trickling down to new motor vehicle dealers. The program was a success because it gave a shot in the arm to a troubled industry, reduced inventories of many models of new cars and trucks which, in turn, led to the firing up [...]

 

Cash Continues to Fuel Sales

Yesterday, the Senate agreed with the House of Representatives that the successful “Cash for Clunkers” would get $2 billion extra (which was in the original request by the House, but cut by the Senate before the program was originally implemented), enough — most say — to keep the program going through August. This is great [...]

 

2% of To-Be-Closed GM Dealers Saved from Closing

According to the Detroit News, General Motors reversed the closing of 41 of the 2,100 dealerships originally targeted to be closed as part of GM’s bankruptcy and restructuring. GM has listened to appeals from hundreds of dealers, and has allowed 41 so far to remain open. This is in stark contrast to Chrysler, which received [...]

 

Motor Vehicle Dealers Seminar

Ladies and gentlemen – start your engines! On Friday, April 21, 2006: Come to Berry Hill Plantation Resort in South Boston, Virginia as guests of the Sands Anderson Marks & Miller law firm and Virginia International Raceway. For: a one-day seminar on legal issues that impact motor vehicle dealers followed by an invitation-only opportunity to [...]