The Truth About Cars » Dealer News http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sat, 23 May 2015 15:11:46 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » Dealer News http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com/category/news-blog/dealer-news/ Compact Commercial Vans Booming Despite Challenges http://www.thetruthaboutcars.com/2015/05/compact-commercial-vans-booming-despite-challenges/ http://www.thetruthaboutcars.com/2015/05/compact-commercial-vans-booming-despite-challenges/#comments Fri, 15 May 2015 15:00:54 +0000 http://www.thetruthaboutcars.com/?p=1069114 While old-school large vans are still kings in catering and flowers for now, more small business owners are opting instead for compact commercial vans. The new segment, boasting vans such as the Ford Transit Connect, Nissan NV200 and Ram ProMaster City, is gaining significant ground thus far in 2015, with sales jumping 58 percent compared […]

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2015 Ram ProMaster City Pursued By Ram 1500 Crew Cab

While old-school large vans are still kings in catering and flowers for now, more small business owners are opting instead for compact commercial vans.

The new segment, boasting vans such as the Ford Transit Connect, Nissan NV200 and Ram ProMaster City, is gaining significant ground thus far in 2015, with sales jumping 58 percent compared to the same period in 2014, Ward’s Auto reports. The aforementioned Transit Connect is the segment sales leader, with 43,210 units delivered last year.

The popularity of compact commercial vans is in part due to business owners needing a van smaller and more efficient than the Chevrolet Express, Ram ProMaster, and recently discontinued Ford E-Series. Karl Chevrolet fleet and commercial sales manager Scott Sams says the compacts offer those features, filling “a blank space in the lineup,” and adds a lot of catering and delivery businesses would benefit from exchanging larger vans for smaller models.

Though popular with those who know already, dealers and automakers alike are facing challenges in bringing those customers to the compact commercial van segment. For GM, who sells the Chevrolet City Express, most consumers in the market usually don’t have Chevrolet in mind when shopping. Dealer displays at local events have helped in promoting the compact and boosting sales in some parts of the country. Meanwhile, FCA US is helping dealers interested in adding commercial sales to their retail operations with a go-to-market plan aimed at building rapport with business customers.

[Photo credit: Ram]

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Tesla Gains Renewed Support From FTC For Direct Sales Model http://www.thetruthaboutcars.com/2015/05/tesla-gains-renewed-support-ftc-direct-sales-model/ http://www.thetruthaboutcars.com/2015/05/tesla-gains-renewed-support-ftc-direct-sales-model/#comments Tue, 12 May 2015 17:00:25 +0000 http://www.thetruthaboutcars.com/?p=1066378 In its battles for the right to sell its wares directly to consumers, Tesla has found a valuable ally in the Federal Trade Commission. Though the FTC has supported Tesla in the past, the agency recently reemphasized its pro-direct sales stance via a post regarding a new proposal working through the Michigan Legislature allowing so-called […]

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Tesla Showroom In California Circa August 2014

In its battles for the right to sell its wares directly to consumers, Tesla has found a valuable ally in the Federal Trade Commission.

Though the FTC has supported Tesla in the past, the agency recently reemphasized its pro-direct sales stance via a post regarding a new proposal working through the Michigan Legislature allowing so-called “autocycles” – i.e., Elio Motors’ wares – to be directly sold to the public, TechCrunch reports.

The autocycle bill – SB 268 – comes just months after Michigan passed legislation to clarify its position on automakers directly selling to the public, which the state has said was always verboten. The clarification, however, left the door open for further conversation on the matter of direct sales, such as the one proposed by SB 268.

The FTC said the final decision involving the business model would remain in the domain of each individual state’s regulators, though it would prefer policymakers to leave said decisions on such business models to both automakers and their consumers “absent some legitimate public purpose” in prohibiting certain selling methods.

[Photo credit: Ming-yen Hsu/Flickr/CC BY-ND 2.0]

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FCA US, Strayer University Offering Dealership Employees Free College Education http://www.thetruthaboutcars.com/2015/05/fca-us-strayer-university-offering-dealership-employees-free-college-education/ http://www.thetruthaboutcars.com/2015/05/fca-us-strayer-university-offering-dealership-employees-free-college-education/#comments Mon, 04 May 2015 17:00:56 +0000 http://www.thetruthaboutcars.com/?p=1060850 FCA US dealerships in the Southeastern United States are among the first to offer free college scholarships to their employees. The program – Degrees@Work – is a partnership between FCA US and private for-profit institution Strayer University. It will offer associate’s, bachelor’s and master’s degrees in 40 fields of study to any employee interested, Automotive […]

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Fiat Dealership In New Jersey Circa January 2013

FCA US dealerships in the Southeastern United States are among the first to offer free college scholarships to their employees.

The program – Degrees@Work – is a partnership between FCA US and private for-profit institution Strayer University. It will offer associate’s, bachelor’s and master’s degrees in 40 fields of study to any employee interested, Automotive News reports.

The partnership deal is voluntary for all dealerships in the U.S., with those in Florida, Georgia, the Carolinas, Alabama and Tennessee offering the tuition-free education program beginning Monday. The remaining eight U.S. dealership regions will follow in Q3 2015.

In addition to the standard curriculum offered through its online and on-campus education offerings, Strayer will incorporate industry- and dealership-related studies into the coursework with help from FCA. Credits for previous coursework and/or life experience will also be offered through the program.

In return for the partnership, FCA US aims to stem the tide of turnover at its dealerships by attracting and retaining qualified employees who wouldn’t otherwise consider working in the industry. FCA dealer training director John Fox says Degrees@Work’s promise of a no-cost, no-debt college degree – normally a $42,000-$50,000 investment at Strayer; the FCA program pays less per degree – would attract “the best and brightest” to FCA’s dealership network, improving both retention rates and customer service.

[Photo credit: p_d_s/Flickr/CC BY-ND 2.0]

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Consumers Union: California Recall Bill Backed By Dealers Is “Not Enough” http://www.thetruthaboutcars.com/2015/05/consumers-union-california-recall-bill-backed-dealers-not-enough/ http://www.thetruthaboutcars.com/2015/05/consumers-union-california-recall-bill-backed-dealers-not-enough/#comments Sat, 02 May 2015 16:47:18 +0000 http://www.thetruthaboutcars.com/?p=1059402 A proposed bill in California aimed at closing a loophole in federal recall law is being rushed through the legislative process. Consumers Union, the parent of Consumer Reports, is not happy about it. Neither are automakers. The bill – AB 287 – is being supported by California car dealers as a way to defend themselves […]

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2009 Chevrolet Cobalt Kia StoreA proposed bill in California aimed at closing a loophole in federal recall law is being rushed through the legislative process. Consumers Union, the parent of Consumer Reports, is not happy about it. Neither are automakers.

The bill – AB 287 – is being supported by California car dealers as a way to defend themselves against future lawsuits, even though it requires more work on their part. If passed, the law would make it illegal to rent or sell a recalled vehicle in California without prior disclosure, force dealers to fix used vehicles of the same make as their franchise, and require automakers to reimburse dealers for recalled vehicle storage.

The current federal law states dealers only be required to fix new cars before sale; rental and used cars are absent from the legislation.

Consumers Union says the new law is a “half-measure” and still doesn’t cover the problem of fixing used cars sold by non-franchised dealers, used vehicles of other makes at franchised dealers and rental vehicles before they are rented to customers. Oddly enough, the Association of Global Automakers agrees with Consumers Union, though for vastly different reasons. The automaker association – representing companies such as Honda, Nissan, and Hyundai – believes any such law should be a federal affair instead of complying with a patchwork of state-level laws which could be quite complex.

Brian Maas, president of the California New Car Dealers Association, told Automotive News, “The regulation of recalls on used cars in the United States is zero” and “doing something is way better than where we are today.”

For their part, Consumers Union believes if the law goes into effect it will become a model for other states, eliminating the willingness of governments to introduce additional legislation fixing the underlying problem: repairing recalled vehicles before they are sold or rented.

[Source: Automotive News]

 

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Chevrolet Spark EV Sees Price Drop, Bonus Cash For Base Model http://www.thetruthaboutcars.com/2015/04/chevrolet-spark-ev-sees-price-drop-bonus-cash-base-model/ http://www.thetruthaboutcars.com/2015/04/chevrolet-spark-ev-sees-price-drop-bonus-cash-base-model/#comments Wed, 15 Apr 2015 11:00:55 +0000 http://www.thetruthaboutcars.com/?p=1044706 In the market for a 2015 Chevrolet Spark EV? Your wallet will still feel heavy after signing off on the paperwork for the base model. Chevrolet announced the price for the base Spark EV 1LT will be cut down $1,500 to $25,995, while leasing the EV gets an $80 drop to $139/month for 39 months […]

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2014 Chevrolet Spark EV Exterior-003

In the market for a 2015 Chevrolet Spark EV? Your wallet will still feel heavy after signing off on the paperwork for the base model.

Chevrolet announced the price for the base Spark EV 1LT will be cut down $1,500 to $25,995, while leasing the EV gets an $80 drop to $139/month for 39 months with no money down upon signing; the down payment was $999.

In addition to the new lease and purchase figures, the brand is also throwing bonus cash on the hood, the amount varying depending on which of the three states — California, Maryland (as of this summer), Oregon — one happens to reside. The California bonus comes to $1,000 in addition to the state’s $2,500 rebate, while Oregonians receive $3,500 outright, and those in Maryland gain $1,200 on top of the state’s $2,300 excise tax exemption.

With the price cuts, bonus cash, state incentives, and the $7,500 federal tax credit, one could drive away from the lot having paid just $14,995 for the pleasure of bouncing around from the office park to the coffee shop and bakery in a vehicle meant to help General Motors come into compliance with fleet economy standards.

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Toyota Delivers Increased Incentives For Prius Models In April http://www.thetruthaboutcars.com/2015/04/toyota-delivers-increased-incentives-prius-models-april/ http://www.thetruthaboutcars.com/2015/04/toyota-delivers-increased-incentives-prius-models-april/#comments Thu, 09 Apr 2015 11:00:29 +0000 http://www.thetruthaboutcars.com/?p=1041001 Live in California and shopping for a Toyota Prius? Your bank account will love this news. CarsDirect reports Toyota has dropped a number of rebate incentives on the hood of the hybrid and its siblings for the month of April, going as high as 9.8 percent off MSRP. Thus, one could come away with not […]

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01-2015-toyota-prius-c-la-1

Live in California and shopping for a Toyota Prius? Your bank account will love this news.

CarsDirect reports Toyota has dropped a number of rebate incentives on the hood of the hybrid and its siblings for the month of April, going as high as 9.8 percent off MSRP. Thus, one could come away with not only a Prius c, but also a $2,000 discount off of the price, beginning at $20,365 before the dealer discounts come into play.

Alas, that incentive is for the 2014 model; the 2015 version comes with a $750 rebate. Meanwhile, the original Prius, as well as the Prius v and Prius Plug-in, come with a $500 boost in incentives. The incentive campaign will come to a close May 4.

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NHTSA To Gain Broader Powers Upon Transportation Bill Approval http://www.thetruthaboutcars.com/2015/03/nhtsa-gain-broader-powers-upon-transportation-bill-approval/ http://www.thetruthaboutcars.com/2015/03/nhtsa-gain-broader-powers-upon-transportation-bill-approval/#comments Tue, 31 Mar 2015 12:00:09 +0000 http://www.thetruthaboutcars.com/?p=1033457 A transportation bill sent to Congress Monday would grant the NHTSA the authority to stop automakers from selling vehicles with dangerous safety problems. Automotive News reports the bill — the $478-billion, six-year Grow America Act penned by U.S. Transportation Secretary Anthony Foxx — would give the agency “imminent hazard authority” to ground vehicles “in cases […]

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NHTSA-logo-large

A transportation bill sent to Congress Monday would grant the NHTSA the authority to stop automakers from selling vehicles with dangerous safety problems.

Automotive News reports the bill — the $478-billion, six-year Grow America Act penned by U.S. Transportation Secretary Anthony Foxx — would give the agency “imminent hazard authority” to ground vehicles “in cases where there is an imminent risk of injury or death,” which would be used before a determining a problem exists, and without input from the affected automaker or supplier.

The bill also triples the funding and doubles the staffing for the NHTSA, increases the fine it can levy from $35 million to $300 million; introduces a pilot program to improve the recall process on the owner’s end; requires dealers to check for recalls every time a vehicle comes in for servicing; and mandates that all used and rental vehicles with open recalls to be repaired before sale or rental.

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Edmunds: Millennials Savvier Car Shoppers Via Mobile Technology http://www.thetruthaboutcars.com/2015/03/edmunds-millennials-savvier-car-shoppers-via-mobile-technology/ http://www.thetruthaboutcars.com/2015/03/edmunds-millennials-savvier-car-shoppers-via-mobile-technology/#comments Mon, 30 Mar 2015 13:00:16 +0000 http://www.thetruthaboutcars.com/?p=1032593 According to a study, Millennials not only prefer to shop for cars via mobile devices, but also at the dealership. Per Edmunds, who commissioned the study earlier this year, 73 percent of Millennials aged 18 to 34 proclaim to be more knowledgeable about the car-buying process than their parents, while over half “actively advise their […]

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Millennials In The Back Of A Subaru BRAT

According to a study, Millennials not only prefer to shop for cars via mobile devices, but also at the dealership.

Per Edmunds, who commissioned the study earlier this year, 73 percent of Millennials aged 18 to 34 proclaim to be more knowledgeable about the car-buying process than their parents, while over half “actively advise their friends and family” on the process, compared to 37 percent of older Americans.

The study says this is due to the generation’s profieciency with mobile devices in researching the vehicles of their choice prior to purchase, from reading reviews and researching prices, to tracking down models for sale. Eighty percent of Millennials were found to have used such tactics for at least one shopping task.

Meanwhile, 64 percent stated they “valued the in-dealership experience” of face-to-face interaction with dealers, and 96 percent said that it was important to test-drive a vehicle before purchase. Purchases skew towards the used market, where 78 percent of Millennials go for their purchases, 72 percent have considered EVs or hybrids, and 66 percent hope to one day own a car that does all the driving for them.

Regarding technology, while smartphone integration and Wi-Fi are important, such features rank behind price, fuel economy and performance.

The study consisted of two surveys conducted in January and March of 2015, with 1,500 and 1,000 adults between 18 and 34 years of age who made a vehicle purchase within the previous three months polled.

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Tesla Remedying Sales, Range Anxiety Woes In China http://www.thetruthaboutcars.com/2015/03/tesla-remedying-sales-range-anxiety-woes-china/ http://www.thetruthaboutcars.com/2015/03/tesla-remedying-sales-range-anxiety-woes-china/#comments Mon, 30 Mar 2015 12:00:34 +0000 http://www.thetruthaboutcars.com/?p=1032577 Tesla hasn’t had the best time in China as of late, a situation the automaker is looking to remedy as quickly as possible. Bloomberg reports Tesla’s Q4 2014 sales were “unexpectedly weak,” according to CEO Elon Musk. Musk went on to place the blame on the Chinese market sales force, who he deemed not only […]

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tesla-china-charger-620x350

Tesla hasn’t had the best time in China as of late, a situation the automaker is looking to remedy as quickly as possible.

Bloomberg reports Tesla’s Q4 2014 sales were “unexpectedly weak,” according to CEO Elon Musk. Musk went on to place the blame on the Chinese market sales force, who he deemed not only inept, but discouraged would-be owners by warning of the difficulties of charging electric vehicles in China. Speculators who ordered — but never purchased — vehicles, range anxiety among consumers, and Tesla’s misreading of the market also contributed to the automaker’s woes in the market.

Since then, Tesla has made some strides into rectifying the situation. In one example, new “executive rear seats” — a $2,000 option wrapped in leather and equipped with two zone heaters — were made available as a result of learning that rich Chinese customers prefer to be chauffeured over taking the wheel themselves. The option arrived as quick as it had due to the automaker’s direct-sales model, according to China sales training chief Dan Hsu.

Other actions meant to bolster Tesla’s standing in the market include: lobbying cities to order vehicles, then adding them to programs meant to bring consumers into EVs and PHEVs, side-stepping the lottery/auction process prevalent in China; providing and installing home-charging systems in consumer’s homes for free; introducing more “destination chargers” alongside its Supercharger network — over 1,000 are online so far; and mobile charging connectors for the times when an owner needs to charge no matter where they are.

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Compact SUVs Gain Popularity At Expense Of Midsize, Compact Cars http://www.thetruthaboutcars.com/2015/03/compact-suvs-gain-popularity-expense-midsize-compact-cars/ http://www.thetruthaboutcars.com/2015/03/compact-suvs-gain-popularity-expense-midsize-compact-cars/#comments Fri, 27 Mar 2015 14:00:12 +0000 http://www.thetruthaboutcars.com/?p=1030297 While compact SUVs are doing well in the showroom, their success comes at the expense of midsize and compact car sales. In a report from Edmunds, 63 percent of compact SUV owners traded a midsize SUV, compact car or midsize sedan for a compact SUV like the Honda CR-V, Ford Escape and Nissan Rogue. Fourteen […]

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2015 Honda CR-V Exterior.CR2

While compact SUVs are doing well in the showroom, their success comes at the expense of midsize and compact car sales.

In a report from Edmunds, 63 percent of compact SUV owners traded a midsize SUV, compact car or midsize sedan for a compact SUV like the Honda CR-V, Ford Escape and Nissan Rogue. Fourteen percent, meanwhile, traded like for like.

Either way, both groups have their reasons for choosing models from this segment:

Compact SUV popularity is truly a product story. They are a desirable size, but concede very little in efficiency and are comparably priced with models in other popular segments. They combine aspects of the market’s best-selling and pragmatic segments — establishing a new middle.

The report says that transaction prices for compact SUVs are on par with midsize sedans, averaging $26,420 compared to the latter’s $25,887 average. It adds that the popular segment is having an effect on dealer inventories as well, as midsize and compact cars take the longest to leave the lot; the aforementioned Rogue has 36 days-to-turn, while the Sentra takes 85 days to do the same.

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Operation Ruse Control Brings The Hammer Down On Deceptive Dealer Practices http://www.thetruthaboutcars.com/2015/03/operation-ruse-control-brings-hammer-deceptive-dealer-practices/ http://www.thetruthaboutcars.com/2015/03/operation-ruse-control-brings-hammer-deceptive-dealer-practices/#comments Fri, 27 Mar 2015 11:00:40 +0000 http://www.thetruthaboutcars.com/?p=1030209 The Federal Trade Commission announced Thursday its results from Operation Ruse Control, a collection of investigations over deceptive dealer practices. The FTC-led campaign involved 32 law enforcement agencies in the United States and Canada, resulting in 252 enforcement actions (187 in the U.S., 65 in Ontario and British Columbia), six of them involving monetary judgements […]

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Cory Fairbanks Mazda Dealership

The Federal Trade Commission announced Thursday its results from Operation Ruse Control, a collection of investigations over deceptive dealer practices.

The FTC-led campaign involved 32 law enforcement agencies in the United States and Canada, resulting in 252 enforcement actions (187 in the U.S., 65 in Ontario and British Columbia), six of them involving monetary judgements of over $2.6 million.

Two of those cases involved vehicle purchase add-ons, defined by the agency as “the practice of a dealer or other third party adding to the vehicle sales, lease, or finance agreement charges for other products or services.” In both, National Payment Network made promises to save consumers money, but the associated fees were too high to deliver on the promise. NPN agreed to refund $1.5 million and waive $949,000 in fees, while partner New Jersey-based dealership network Matt Blatt — the latter having received commissions for each of the 1,000 consumers it enrolled into NPN’s scheme — will pay $184,000 in fines to the FTC.

Three cases involving deceptive advertising on the part of Cory Fairbanks Mazda of Longwood, Fla., Jim Burke Nissan of Birmingham, Ala. and Ross Nissan of El Monte, Calif. led to all three from “misrepresenting the purchase cost or any other material fact about the price, sale, financing or leasing of a vehicle,” with the former two also barred from “representing that a discount, rebate, bonus, incentive or price is available unless it is available to all consumers or all qualifications and restrictions are clearly and conspicuously disclosed.”

The last of the six involves a lawsuit against Florida-based Regency Financial Services. The company is alleged to have charged consumers upfront for auto loan modifications, only to deliver nothing in exchange. The FTC is seeking a permanent injunction to stop RFS’ practices, as well as to refund deceived consumers.

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Takata Recall Sees More Rapid Response In Japan Than US http://www.thetruthaboutcars.com/2015/03/takata-recall-sees-rapid-response-japan-us/ http://www.thetruthaboutcars.com/2015/03/takata-recall-sees-rapid-response-japan-us/#comments Mon, 23 Mar 2015 11:00:29 +0000 http://www.thetruthaboutcars.com/?p=1027417 While consumers, dealers and automakers in the United States are waiting for replacement airbags from Takata, recalls in Japan are being fulfilled faster. Automotive News reports out of 3.05 million vehicles under recall in the supplier’s home market due to its airbags — linked to five fatalities and several injuries as a result of catastrophic […]

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Takata information steering wheel + airbag combo

While consumers, dealers and automakers in the United States are waiting for replacement airbags from Takata, recalls in Japan are being fulfilled faster.

Automotive News reports out of 3.05 million vehicles under recall in the supplier’s home market due to its airbags — linked to five fatalities and several injuries as a result of catastrophic failure — 2.13 million — 70 percent — have been repaired through the end of February 2015.

Meanwhile, out of the 17 million vehicles in the U.S. under recall for the same issue, less than 2 million — 12 percent — were repaired through late February.

The stark differences between the two countries are the result of how Japan’s authorities and consumers deal with recalls compared to those in the U.S. In the former, consumers respond well to recalls, and few keep vehicles for as long as those in the latter do. Further, tighter safety and emission inspections not only help keep vehicle records up to date, but can serve to warn consumers of potential problems. Finally, the used car market isn’t as robust as it is in the U.S., making it easier for automakers to contact owners in case of a recall, as cars don’t change owners as often.

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Report: ‘Hundreds’ Of Recalled New Vehicles Sold Without Prior Repairs http://www.thetruthaboutcars.com/2015/03/report-hundreds-recalled-new-vehicles-sold-without-prior-repairs/ http://www.thetruthaboutcars.com/2015/03/report-hundreds-recalled-new-vehicles-sold-without-prior-repairs/#comments Fri, 20 Mar 2015 13:00:41 +0000 http://www.thetruthaboutcars.com/?p=1025769 In an investigative segment on ABC’s “Good Morning America” Thursday, ABC News purchased a vehicle under recall from a dealer who had not repaired it. Automotive News reports the vehicle, a 2014 Chevrolet Silverado, was purchased by an undercover producer from Hawthorne Chevrolet in Hawthorne, N.J. The truck was under recall for a potential risk […]

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2014 Chevrolet Silverado Crew Cab Z71

In an investigative segment on ABC’s “Good Morning America” Thursday, ABC News purchased a vehicle under recall from a dealer who had not repaired it.

Automotive News reports the vehicle, a 2014 Chevrolet Silverado, was purchased by an undercover producer from Hawthorne Chevrolet in Hawthorne, N.J. The truck was under recall for a potential risk of rolling away while the transmission was in neutral, as well as the possibility for the transfer case to switch to neutral while being driven, leading to loss of power and an increased crash risk.

The recall, issued in June 2014, affected 467,000 2014 and 2015 Chevrolet and GMC Silverados, Suburbans, Tahoes, Sierras, Yukons and Yukon XLs. Per General Motors, 86 percent of the trucks and SUVs — 402,000 units — have been repaired thus far. The Silverado purchased by ABC News was not among them, however, in violation of federal law that requires dealerships to repair vehicles with a safety defect, including those under recall, prior to delivery.

GM representative Alan Adler said his employer spoke with Hawthorne after the segment aired, stating that no disciplinary action is planned. Adler added that while the incident occurred at a Chevrolet dealership with a GM product, such incidents aren’t exclusive to the automaker. ABC confirmed this in its report, having found “hundreds” of new cars from various manufacturers in New York and New Jersey that were under recall, but were not repaired prior to sale.

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Dodge Restricting New Hellcat Orders Until Older Orders Are Fulfilled http://www.thetruthaboutcars.com/2015/03/dodge-restricting-new-hellcat-orders-older-orders-fulfilled/ http://www.thetruthaboutcars.com/2015/03/dodge-restricting-new-hellcat-orders-older-orders-fulfilled/#comments Mon, 16 Mar 2015 13:00:58 +0000 http://www.thetruthaboutcars.com/?p=1023097 Clamoring for a Dodge Challenger or Charger Hellcat? You’ll have to take a number to order one, as the brand is restricting new orders until it catches up. MotorAuthority reports the brand is doing this because so many customers want to throw down behind the wheel of the 707-horsepower, $60,000-plus boulevard bombers. Per a representative: […]

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2015 Dodge Charger SRT Hellcat

Clamoring for a Dodge Challenger or Charger Hellcat? You’ll have to take a number to order one, as the brand is restricting new orders until it catches up.

MotorAuthority reports the brand is doing this because so many customers want to throw down behind the wheel of the 707-horsepower, $60,000-plus boulevard bombers. Per a representative:

Due to unprecedented demand for the 2015 Dodge Charger and Challenger SRT Hellcats, we are temporarily restricting orders while we validate current orders that are in the system.

As of now, over 9,000 orders have been placed for the Hellcats; over 2,200 have been delivered thus far.

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General Motors Cutting Back 100K-Mile Powertrain Warranty http://www.thetruthaboutcars.com/2015/03/general-motors-cutting-back-100k-mile-powertrain-warranty/ http://www.thetruthaboutcars.com/2015/03/general-motors-cutting-back-100k-mile-powertrain-warranty/#comments Fri, 13 Mar 2015 12:00:25 +0000 http://www.thetruthaboutcars.com/?p=1021025 Due to lack of interest, General Motors is cutting back its 100,000-mile/five-year powertrain warranty for 2016 Chevrolet and GMC models. Automotive News reports the new warranty will cover the powertrain for up to five years or 60,000 miles, with courtesy transportation and roadside assistance still available for the period. The new standard matches those of […]

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Due to lack of interest, General Motors is cutting back its 100,000-mile/five-year powertrain warranty for 2016 Chevrolet and GMC models.

Automotive News reports the new warranty will cover the powertrain for up to five years or 60,000 miles, with courtesy transportation and roadside assistance still available for the period. The new standard matches those of Toyota, Ford and Honda. The coverage’s two-year free maintenance scheme will also be cut from four free visits for oil changes, tire rotations et al to just two.

Though the original extended warranty was meant to give consumers more confidence in GM products when first introduced for the 2007 model year, the memo sent out to dealers this week stated the following:

Through research, we have determined that when purchasing a new vehicle, included maintenance and warranty rank low on the list of reasons why consumers consider a particular brand over another. As a result, we have benchmarked our competitors, reviewed our current offerings and have concluded the following modifications to align closely with our customers’ needs and expectations.

Only the Chevrolet Volt will retain the 100,000-mile powertrain warranty for its battery pack and drive unit; Buick’s and Cadillac’s six-year/70,000 warranty will remain unchanged, as well.

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General Motors Cutting Production To Relieve Inventory Glut http://www.thetruthaboutcars.com/2015/02/general-motors-cutting-production-relieve-inventory-glut/ http://www.thetruthaboutcars.com/2015/02/general-motors-cutting-production-relieve-inventory-glut/#comments Thu, 26 Feb 2015 15:00:54 +0000 http://www.thetruthaboutcars.com/?p=1008274 Facing growing dealer inventories, General Motors is cutting back production at two of its plants to adjust supply and demand. Automotive News reports Orion Assembly in Detroit and the Flex line at Oshawa Car Assembly in Oshawa, Canada will be idled in March and April, respectively, each plant to idle for four days. Orion is […]

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Facing growing dealer inventories, General Motors is cutting back production at two of its plants to adjust supply and demand.

Automotive News reports Orion Assembly in Detroit and the Flex line at Oshawa Car Assembly in Oshawa, Canada will be idled in March and April, respectively, each plant to idle for four days. Orion is responsible for the Chevrolet Sonic and Buick Verano, while the Flex line handles the Chevrolet Camaro and Impala, Buick Regal, and Cadillac XTS.

The reduction in production comes amid consumer demand for trucks and crossovers over said vehicles, of which the Sonic and Regal hold the highest inventory levels at 216 and 213 days as of February 1, 2015. The Sonic’s inventory level is the highest since the subcompact’s August 2011 debut, while the Regal jumped to its level from just 96 days back on January 1.

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Study: US Auto Sales To Rise Through 2017, Modestly Decline Through 2020 http://www.thetruthaboutcars.com/2015/02/study-us-auto-sales-rise-2017-modestly-decline-2020/ http://www.thetruthaboutcars.com/2015/02/study-us-auto-sales-rise-2017-modestly-decline-2020/#comments Mon, 23 Feb 2015 16:00:09 +0000 http://www.thetruthaboutcars.com/?p=1006458 Happy days are back again for automakers selling to the United States, with auto sales projected to rise through 2017 before dipping slightly through 2020. According to The Detroit Bureau, a study by AutoPacific found that consumers bought 16.4 million vehicles in 2014, a 6 percent increase over 2013. Further, the group predicts 2015 sales […]

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Bill Colwell Ford Dealership

Happy days are back again for automakers selling to the United States, with auto sales projected to rise through 2017 before dipping slightly through 2020.

According to The Detroit Bureau, a study by AutoPacific found that consumers bought 16.4 million vehicles in 2014, a 6 percent increase over 2013. Further, the group predicts 2015 sales will hit 17 million, peaking at 17.24 million in 2017.

Per AutoPacific industry analysis vice president Ed Kim, the boom is fueled by both “continued increases in truck and SUV sales,” and the rapid growth of compact crossover sales among mainstream and premium brands. Combined, such sales would make up 55 percent of the overall U.S. market this year.

As for the aforementioned downturn beginning in 2018 and going forward through 2020, Kim cites rises in interest rates, Millennials waiting to purchase their first vehicle, and extended loan terms as factors in the upcoming decline. He adds that despite this, sales are likely to bottom-out at 16.8 million by the start of the next decade, 60 percent better than the 10.4 million vehicles sold in 2009 during the early days of the Great Recession.

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NHTSA To Congress: Pull Recalled Used, Rental Vehicles Off The Road http://www.thetruthaboutcars.com/2015/02/nhtsa-congress-pull-recalled-used-rental-vehicles-off-road/ http://www.thetruthaboutcars.com/2015/02/nhtsa-congress-pull-recalled-used-rental-vehicles-off-road/#comments Mon, 23 Feb 2015 13:00:53 +0000 http://www.thetruthaboutcars.com/?p=1006322 The next vehicle the TTAC Zaibatsu or the B&B rent could be safer if Congress heeds the call of the National Highway Traffic Safety Administration. AutoGuide reports the NHTSA is calling upon Congress to pass legislation that would bar rental companies and used-car dealerships from renting or selling any vehicle under recall without first being […]

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Rental Car Corridor - SeaTac International Airport

The next vehicle the TTAC Zaibatsu or the B&B rent could be safer if Congress heeds the call of the National Highway Traffic Safety Administration.

AutoGuide reports the NHTSA is calling upon Congress to pass legislation that would bar rental companies and used-car dealerships from renting or selling any vehicle under recall without first being repaired; current legislation only asks of such things for new vehicles prior to sale.

Transportation Secretary Anthony Foxx said that “requiring rental car agencies and used car dealers to fix defective vehicles before renting is a common-sense solution” that would improve road safety. Foxx adds that Congress should follow the lead of both safety advocates and the rental-car industry in taking a stand on the issue.

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Tesla Pushing For Direct Sales In Texas, Dealers Wanting A Shot To Sell http://www.thetruthaboutcars.com/2015/02/tesla-pushing-direct-sales-texas-dealers-wanting-shot-sell/ http://www.thetruthaboutcars.com/2015/02/tesla-pushing-direct-sales-texas-dealers-wanting-shot-sell/#comments Thu, 19 Feb 2015 15:00:40 +0000 http://www.thetruthaboutcars.com/?p=1004082 As Tesla gears up to tackle Texas’ direct-sales ban during the state’s 2015 legislative session, dealers are begging for a shot to sell the automaker’s EVs. The Texas Tribune reports several Texas dealerships have approached Tesla about selling its wares, claiming they would take on the risk of selling a niche premium EV if given […]

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As Tesla gears up to tackle Texas’ direct-sales ban during the state’s 2015 legislative session, dealers are begging for a shot to sell the automaker’s EVs.

The Texas Tribune reports several Texas dealerships have approached Tesla about selling its wares, claiming they would take on the risk of selling a niche premium EV if given the chance. According to Texas Automobile Dealers Association president Bill Wolters, those dealers were rebuffed:

This is such a unique situation in which Elon Musk doesn’t want to have competition from other makes.

Currently, Tesla has galleries in Austin, Dallas and Houston, where customers can see the Model S, but cannot buy the car directly from the gallery, turning to the company’s website to complete the process as a result.

While dealers believe the direct-sales ban gives consumers a chance to buy the car they want anywhere within Texas — instead of having to drive to a few select cities where automakers would focus their efforts if given the opportunity — Tesla says the ban threatens to undermine its success in the state. CEO Elon Musk adds that franchise dealers would ultimately fail in selling his company’s EVs, citing the traditional model’s main source of revenue — maintenance — as where the struggle would occur.

Meanwhile, Tesla is spending between $625,000 and $1.18 million on 21 lobbyists to persuade lawmakers in Austin to consider legislation that would allow for direct sales. No bills have come up regarding the issue thus far this session, through Rep. Eddie Rodriguez of Austin is working on a proposal that would grant the automaker and other EV-only manufacturers the right to sell directly to Texas consumers; a similar proposal by Rodriguez was rejected last year.

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More Consumers Turning To Technology For Vehicle Purchases http://www.thetruthaboutcars.com/2015/02/consumers-turning-technology-vehicle-purchases/ http://www.thetruthaboutcars.com/2015/02/consumers-turning-technology-vehicle-purchases/#comments Fri, 06 Feb 2015 12:00:45 +0000 http://www.thetruthaboutcars.com/?p=994202 While visiting a dealership is de rigueur for most, an increasing number of consumers are turning to technology to buy their cars. Detroit Free Press reports that consumers visit 1.6 dealerships on average prior to purchasing a vehicle — down from an average of five 10 years prior — four out of five compare prices […]

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While visiting a dealership is de rigueur for most, an increasing number of consumers are turning to technology to buy their cars.

Detroit Free Press reports that consumers visit 1.6 dealerships on average prior to purchasing a vehicle — down from an average of five 10 years prior — four out of five compare prices and vehicles from an average of 10 dealerships through sites like eBay Motors, Edmunds and TrueCar, and half of millennials purchased their vehicles from their smartphone or tablet.

The challenge for those who conduct their car-dealing business online is to convince more traditional dealers that technology is a tool for increasing sales, not a new competitor out to steal sales. Ebay Motors general manager Bryan Murphy considers his site a sales channel and “not a retailer,” citing scale as the main selling point; dealers can connect with 155 million eBay customers around the world through eBay Motors.

Dealers, as well as automakers and lenders, would also be able to make financial offers tailored to a consumer’s given economic history, zip code, insurance, and other factors that may not be relevant to buying a car, thanks to data mining and other information-gathering tools.

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General Motors Undercuts Competition With Lower Starting Prices http://www.thetruthaboutcars.com/2015/02/general-motors-undercuts-competition-lower-starting-prices/ http://www.thetruthaboutcars.com/2015/02/general-motors-undercuts-competition-lower-starting-prices/#comments Mon, 02 Feb 2015 13:00:27 +0000 http://www.thetruthaboutcars.com/?p=992402 Looking for a new Cruze, LaCrosse or Terrain? You might have a bit more money left thanks to some undercutting by General Motors. CarsDirect reports GM has dropped the base MSRP on a handful of models by as much as $2,750. As a result, some of those models are lower in price than their competitors. […]

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2015 Chevrolet Cruze

Looking for a new Cruze, LaCrosse or Terrain? You might have a bit more money left thanks to some undercutting by General Motors.

CarsDirect reports GM has dropped the base MSRP on a handful of models by as much as $2,750. As a result, some of those models are lower in price than their competitors. The aforementioned GMC Terrain gained the greatest undercut, falling $4,030 under the Ford Edge with the crossover’s new base of $24,070.

However, to be able to undercut the competition without removing key features, GM has sliced dealer margins on the cheapest trims, such as the Terrain SL, Buick LaCrosse 1SV, and the newly introduced Chevrolet Cruze L. Profit margins on such vehicles being as thin as they are already — the difference between MSRP and invoice on the Cruze LS is $600, but only $81 on the L — the economy models may see or are seeing now incentive inclusions.

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Cadillac Gaining 700 Boutiques To Augment Flagship Stores http://www.thetruthaboutcars.com/2015/01/cadillac-gaining-700-boutiques-augment-flagship-stores/ http://www.thetruthaboutcars.com/2015/01/cadillac-gaining-700-boutiques-augment-flagship-stores/#comments Fri, 23 Jan 2015 11:00:22 +0000 http://www.thetruthaboutcars.com/?p=987730 Want to go boutiquing for your next Cadillac? Brand CEO Johan de Nysschen has plans to make that a reality. At present, Cadillac has over 900 dealerships in the United States, 200 of which are flagships. De Nysschen’s plan would be to complement the flagship dealers with 700 smaller boutiques that would feature “exclusive Cadillac […]

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Cadillac Model Dealership Interior

Want to go boutiquing for your next Cadillac? Brand CEO Johan de Nysschen has plans to make that a reality.

At present, Cadillac has over 900 dealerships in the United States, 200 of which are flagships. De Nysschen’s plan would be to complement the flagship dealers with 700 smaller boutiques that would feature “exclusive Cadillac consumer touch points, highly trained sales and service staff and luxury amenities.”

Additionally, showroom visitors would be able to pick their new CT or XT from a virtual display, including the possibility for holograms a la Tupac and Liberace to help see what the real thing would look like in a given configuration.

De Nysschen says that all dealerships present and future, as well as those who sell Volts, Regals and Yukon XLs alongside ELRs, “should strive to create a premium showroom atmosphere and the sophisticated brand experience that luxury consumers expect.” There are no plans to reduce the number of current dealerships.

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Four Former Chrysler Dealerships Could Reopen Following US Appeals Court Ruling http://www.thetruthaboutcars.com/2015/01/four-former-chrysler-dealerships-reopen-following-us-appeals-court-ruling/ http://www.thetruthaboutcars.com/2015/01/four-former-chrysler-dealerships-reopen-following-us-appeals-court-ruling/#comments Wed, 21 Jan 2015 15:00:46 +0000 http://www.thetruthaboutcars.com/?p=986738 After five years of fighting and a U.S. appeals court ruling, four former Chrysler dealerships could have a shot at opening their doors once more. Automotive News reports three Detroit area dealerships — Livonia Chrysler Jeep Inc., Fox Hills Chrysler Jeep and Village Chrysler Jeep — and one based in Las Vegas — Jim Marsh […]

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2015 Chrysler 200 S AWD front angle

After five years of fighting and a U.S. appeals court ruling, four former Chrysler dealerships could have a shot at opening their doors once more.

Automotive News reports three Detroit area dealerships — Livonia Chrysler Jeep Inc., Fox Hills Chrysler Jeep and Village Chrysler Jeep — and one based in Las Vegas — Jim Marsh Chrysler Jeep — could reopen after the 6th U.S. Circuit Court of Appeals found that a federal arbitration law allowing 789 dealers to fight against closure by Chrysler overruled state laws allowing local dealers to legally fight against nearby competitors from opening doors.

The court added the victory wasn’t an unconditional reinstatement, yet “should meaningfully facilitate incorporation of prevailing dealerships back into the network.” FCA US issued a statement praising the district court for its decision, and is reviewing legal options to take regarding the four dealerships.

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Volvo Entering Digital Sales, Limiting Show Appearances http://www.thetruthaboutcars.com/2014/12/volvo-entering-digital-sales-limiting-show-appearances/ http://www.thetruthaboutcars.com/2014/12/volvo-entering-digital-sales-limiting-show-appearances/#comments Tue, 16 Dec 2014 11:00:20 +0000 http://www.thetruthaboutcars.com/?p=961729 Volvo may not be ready to directly sell its models to the public in the same way Tesla does, but the automaker is ready for online orders. Reuters reports Volvo will gently wade into Internet sales around the globe, and increase spending on digital advertising, though consumers will still need to visit their nearest dealer […]

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Volvo may not be ready to directly sell its models to the public in the same way Tesla does, but the automaker is ready for online orders.

Reuters reports Volvo will gently wade into Internet sales around the globe, and increase spending on digital advertising, though consumers will still need to visit their nearest dealer to complete the transaction for now, per sales boss Alain Visser. He adds that around 80 percent of the automaker’s base are already well-versed in online shopping, and believes the habit will transfer into cars soon enough.

Just as Volvo adjusts its backwards cap and velcro sneakers before rolling out onto the information superhighway upon its magic keyboard, however, the automaker will not be attending as many auto shows as it once did. Instead, it will hit a single show per year in Asia, Europe and North America — specifically, Shanghai/Beijing, Geneva and Detroit — preferring to produce its own annual global event for the latest and greatest.

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Trucks, SUVs Best Premium Sedans In Over $50K US Segment http://www.thetruthaboutcars.com/2014/12/trucks-suvs-best-premium-sedans-50k-us-segment/ http://www.thetruthaboutcars.com/2014/12/trucks-suvs-best-premium-sedans-50k-us-segment/#comments Mon, 15 Dec 2014 14:00:03 +0000 http://www.thetruthaboutcars.com/?p=961313 Keep those Benzes, BMWs and Audis in the garage, son: $50,000-plus trucks and SUVs are where it’s at for the ballers and players these days. TrueCar says trucks and SUVs account for six of the top 10 best-selling vehicles in the United States market, specifically the segment where transaction prices of $50,000-plus are the norm. […]

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Keep those Benzes, BMWs and Audis in the garage, son: $50,000-plus trucks and SUVs are where it’s at for the ballers and players these days.

TrueCar says trucks and SUVs account for six of the top 10 best-selling vehicles in the United States market, specifically the segment where transaction prices of $50,000-plus are the norm.

The biggest of them all? The Ford F-150, whose projected 2014 volume of 189,776 “will likely surpass total U.S. volume of luxury car benchmarks including BMW’s combined 3, 5 and 7 Series sales or total deliveries for the Audi brand this year.” The Blue Oval will see revenue of $10.8 billion from those high transactions, making up a third of an estimated $33.2 billion for the overall F-Series portfolio.

The demand for looking California and feeling Minnesota is helped in part by a recovering U.S. economy, improved vehicle quality, and a growing supply of cheap gasoline, which is helping the $50,000-plus transaction segment, as well: approximately 8.1 percent of total 2014 sales will transact at that level, up from 6.6 percent in 2013.

Finishing out the podium per TrueCar is Fiat Chrysler Automobiles’ Ram truck lineup, with sales of 76,266 at the $50,000 transaction level, Mercedes taking third with its E-Class at 67,006.

TrueCar 2014 50K USD Transaction Table

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