Cars
VW to Increase U.S. Dealer Network in order to Meet Sales Target
Jonathan Browning, CEO of Volkswagen Group of America, told journalists at the LA Auto Show that the company would have to significantly increase its U.S. dealer network in the coming years if it wants to meet its sales target. VW’s current U.S. network comprises around 600 dealerships. Browning expects that the number will remain stable for the next three to four years, but is adamant that from that point on it will have to increase substantially.
Read more »
-
Maserati Plans To Increase Sales Almost Tenfold By 2015, New Quattroporte Coming In 2013
Fiat-Chrysler CEO Sergio Marchionne has already revealed his medium-to-long-term plans about Maserati: the Italian luxury carmaker will soon have three new models in its dealerships and will increase its annual volume substantially. Perhaps “exponentiallyâ€...
-
Fiat May Miss 500’s North America Sales Target In 2011 Due To Delays In Store Openings
Fiat’s 500 sales in North America will likely fall short of the initial target of 50,000 units in 2011, because of the delays in opening new stores. Currently, the brand has opened 100 out of the 130 stores planned for the US this year. The...
-
Vw Wants To Expand Its Suv Line-up, Plans To Triple U.s. Sales By 2018
Volkswagen hasn’t given up on its plans to become the world’s biggest automaker and for that it needs to sell more cars in the U.S. The Germans want to triple their American sales in the next seven years and one solution is to expand their...
-
General Motors To Close Roughly Half Of Its Canadian Dealerships
Following last Friday's announcement on the closure of 1,100 dealerships across the U.S. by fall 2010, General Motors is now telling approximately 42 percent of its Canadian dealers that they will lose their franchises next year. The U.S. automaker...
-
Lexus Commits $230 Million To Expand Australian Dealer Network
Lexus Australia has announced plans to grow its Australian dealer network by more than 50 per cent by 2012. Today, the number of Lexus dealerships “down-under†stands at 22. To do so, the luxury carmaker’s Australian dealers will commit...
Cars