|
Car Dealers Offer Their Best Deals Yet
The double digit decline in auto sales has been a disaster for carmakers but it has been especially nightmarish for the dealerships. At Chrysler, U.S. sales are down so much (53 per cent last month) its dealerships are barely managing to sell a car a day, on average. Things are starting to look a bit like the auto industry version of Glengarry Glen Ross.
Dealer profits have actually been falling ...
read more>> |
|
|
|
Car Stereo Sales Hit A Distressing Low Note
The iPod generation is taking some of the thump-thump out of car audio sales.
While younger owners add accessories to improve their cars' looks, such as flashy rims and performance tires, fewer are opting for better sound inside.
This year, spending on aftermarket car stereo systems is expected to slip 28% from 2006, the Consumer Electronics Association reports. The category includes everything ...
read more>> |
|
|
Electric Cars Rule At Auto Show
Automakers are gambling that there's a market for electric power cars, even as gas prices drop.
At the opening of the North American International Auto Show here on Sunday, General Motors, Ford Motor and Chrysler unveiled concepts and future production vehicles powered primarily by plug in batteries. And a Toyota executive said it will bring such electric cars to the U.S. in 2012.
But the billio ...
read more>> |
|
|
|
Gas Costs Deflate Prices On Used SUVs
High fuel prices are causing the value of used SUVs to plummet, often below what's listed in the buying guides many shoppers use to negotiate with dealers.
As a result, some new car buyers think they're getting cheated by dealers who are offering them little for their SUV trade ins.
"The dealer is going to offer a price, and the customer is going to be ticked off," says Tom Webb, chief economist ...
read more>> |
|
|
| New Public Car Auctions Articles... |
Hybrid Cars Driven By Rising Oil Prices
As gas guzzling becomes punishingly expensive, US drivers are saving money with petrol electric hybrids
SOARING oil prices spell gloom for car makers. Motorists faced with price hikes at the filling station economise by keeping their cars longer, and this means fewer new car sales. But there is one type of car that's bucking the trend. As fuel prices reach the dizzy heights of 50 cents per litre ...
read more>> |
| |
|
|
Local Authorities Get In On Push For Electric Cars
As automakers amp up plans for electric vehicles, more local and state governments are trying to plug themselves into the movement.
Nissan Motor just announced alliances with Sonoma County, Calif., and the state of Oregon. And the mayors of San Francisco, Oakland and San Jose have a nine step program aimed at making the Bay Area the "electric vehicle capital of the U.S."
The moves come as automa ...
read more>> |
| |
|
|
Now Might Be The Best Time Ever To Buy A Car
Right now could be the best time ever to buy a vehicle, if you aren't worried the maker will go out of business, shutting off parts and service and ruining resale value.
"There are going to be fabulous deals. It's a buyer's market," says Tom Libby of Power Information Network.
"I've been doing this 15 years, for more than 101,000 customers, and I've never seen a time like now," says James Bragg ...
read more>> |
| |
|
|
Toyota New Prius A Hybrid Hotshot
Toyota Prius Chief Engineer Akihiko Otsuka cut a relaxed figure during a briefing at the carmaker's Tokyo offices on May 19. Toyota (TM), he said, is confident that sales of the new generation Prius will run between 300,000 to 400,000 between now and the end of the year. Not bad for what was once dismissed as a niche product. The success of the Prius is a source of pride for Otsuka, a keen angler ...
read more>> |
| |
|
|
|
