Cars
GM Wants Metropolitan Dealers To Create MegaStores
At next month’s annual convention of the National Automobile Dealers Association in San Francisco, General Motors will publicly announce its plans to encourage dealers in major metro areas in creating automotive-megastores that will incorporate every GM brand. The American carmaker’s goal is to cut down the number of dealerships in certain areas where real-estate is expensive as many dealers are selling out their property since it’s more valuable than the franchise itself. According to Automotive News, GM will encourage dealers that are interested to allocate their service and parts departments to other areas where land is cheaper, thus creating enough space for the new showrooms.
Via: Automotive News (sub. Req)
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Tesla Ceo Says Company-owned Outlets Are Legal, Ev Adoption Requires “a New Business Modelâ€
On Monday, May 25, Tesla opened its first store this year at the Westchester shopping mall in New York. Right from the start, NADA, the National Automobile Dealers Association, had issues with Tesla's Apple-like store approach, while many pointed...
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U.s. Fiat Dealers Disappointed By New Decision To Delay Alfa Romeo's Return
American fans of the Alfa Romeo brand are not the only ones to be upset by the Fiat-Chrysler alliance's most recent decision to delay the scheduled return of the Italian automaker to the States. So are the company’s newly launched Fiat dealerships...
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Hyundai Preparing New Elantra Coupe, Azera And Genesis R-spec With 429hp V8
After registering record sales in 2010, Hyundai seems committed to an all-out offensive with the company reportedly planning to launch a coupe version of the 2011 Elantra and the new Azera sedan in the U.S. within the next year or so. According to an...
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Nada Issues Statement On Ford's Decision To Kill Mercury
The National Automobile Dealers Association (NADA), which represents some 17,000 dealers with about 37,500 franchises in the U.S., has issued a statement through its chairman, Ed Tonkin, expressing some concerns about Ford's decision to discontinue...
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Gm Sending Termination Notices To 1,100 Dealers Across The U.s.
Only a day after Chrysler LLC announced that it is shutting down almost 800 dealers or a quarter of its sales network, General Motors sent termination notices to 1,100 of its 6,000 dealerships on Friday. According to GM spokeperson Susan Garontakos, the...
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