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TOP NEWS: Automakers Dont Plan to Give Up on Millennials
2013-08-07 09:00:32| AutomotiveDigest.com - Automotive Industry News
While older buyers dominate the current sales market for automakers, there is a need for car makers to keep younger people, the so-called Millennials, in the marketing fold. Tred Auto Experts are launching a service that will provide on-demand test drives for dealer customers, starting in the Seattle, Washington area for now. Most analysts are reporting a down market for used-car dealers, but there is one group of dealers that are doing just fine in used-car sales, according to Edmunds.com.The Article TOP NEWS: Automakers Dont Plan to Give Up on Millennials appeared first on Automotive Digest.
TOP NEWS: American Trucks Sell Well, But at What Price?
2013-08-06 09:00:54| AutomotiveDigest.com - Automotive Industry News
If the U.S. ends the 50-year-old trade tariff on pickup trucks, it would open up the global trade market and could ease the cost of pickups here in the U.S. Dealers have been trying to interest younger buyers in cars of late, but the latest studies show that may not be the age group for the bulk of current car buyers. AutoNation reports an increase in July sales, and it has reached a new milestone as an automotive retailer with a surprise for one car buyer in Florida.The Article TOP NEWS: American Trucks Sell Well, But at What Price? appeared first on Automotive Digest.
TOP NEWS: Toyotas Latest Profits Based on Value of the Yen
2013-08-05 09:00:39| AutomotiveDigest.com - Automotive Industry News
Toyota is credited with pulling off a huge sales gain this year, outdoing its rivals, and the feat is due in large part to the positioning of the yen against foreign currency. The question for automakers and their dealers is whether or not the current sales momentum can continue for the rest of the year, and beyond. Ford Motor Co. plans to boost fuel efficiency in its hot-selling F-150s by coming out with a compressed natural gas (CNG) version for the 2014 model year.The Article TOP NEWS: Toyotas Latest Profits Based on Value of the Yen appeared first on Automotive Digest.
TOP NEWS: Automakers Enjoy Double-Digit July Gains
2013-08-02 09:00:56| AutomotiveDigest.com - Automotive Industry News
Most automakers saw hefty sales for the month of July, many hitting their best stride since July of 2006 as the auto industry roars into high gear. Penske Automotive Group Chairman Roger Penske says our business produced an outstanding quarter with first half of 2013 also showing significant gains. BMW is the only carmaker in Europe who didnt surprise positively in the second quarter, says one analyst as BMW struggles to keep up with competitors.The Article TOP NEWS: Automakers Enjoy Double-Digit July Gains appeared first on Automotive Digest.
TOP NEWS: Nissan Works on Public EV Charging Network
2013-08-01 09:00:35| AutomotiveDigest.com - Automotive Industry News
Nissan USA wants to take the range anxiety factor out of driving an electric vehicle, and is committed to setting up a public charging infrastructure soon. Still unofficial until after the August 2 earnings report, but sources are saying that Toyota will raise its targeted production level to more than 10 million units this year. In the process of completing acquisition of Ally Financial internationals business unit, GMs financial wing is preparing itself for scrutiny by the CFPB down the road.The Article TOP NEWS: Nissan Works on Public EV Charging Network appeared first on Automotive Digest.
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