A question frequently asked at this year's NADA convention was Where are the dot-coms? It was often asked with smug overtones. The implication is that, despite all of the bravado and glitz the last couple of years, the dot-coms have been decimated...
Used-vehicle sales increased about one million in 2001 for a record 42.6 million units and a record $376 billion in revenue all this in a year that brought intense pressure and unique conditions to the market. Used-car prices were driven down in...
Mustang will not suffer through a mid-life crisis, as did Thunderbird, says Ford Motor Co. designer Mark Conforzi. The model's next generation will remain true to the vehicle's roots, assures the lead member of Mustang's design team. We do want...
Dealer Gregory Jackson, president of the Prestige Automotive Dealership Group, was quoted on page 15 of the January 2002 Ward's Dealer Business as saying that import automakers and Ford Motor Co. have shown an inability to bring minorities to the...
Hispanic auto dealers formed a national Hispanic automobile dealers association to deal with pressing issues affecting them. Some of the nation's leading Hispanic organizations gathered for the first time at the NADA 2002 convention to demonstrate...
Tennis star Lindsay Davenport (second from left) takes delivery of a new CLK AMG Cabriolet from Mercedes-Benz of Laguna Niguel (CA). With her (from left) are Sales Rep Keith LaRue, General Manager Pat Bolter and General Sales Manager Steve McCarthy.
Dealers now spend about $400 per vehicle on advertising per vehicle, much of it going to mass market media newspapers, television and radio. Now, however, because of advancements in technology, dealers are able to advertise to narrow and select...
Brad Majercin, vice president and general manager of Childress Auto Mall in Phoenix, AZ, was elected president of the Arizona Business Alliance. The alliance is a sales, leads, referrals and networking organization with more than 60 members...
IntelliChoice, a company that develops and distributes consumer automobile pricing, specifications and ownership and leasing cost data, gave out its 16th annual Best Overall Value of the Year awards for 2002 vehicles. The awards recognize cars...
While 2002 new-vehicle sales estimate consensus are down approximately 10% from the 17.2 million sales level in 2001, used-vehicle sales are expected to increase in total. Depending on which report you read, franchised dealer used-vehicle sales in...