Automakers: Page 404


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    World’s largest Hyundai dealership opens in Las Vegas

    Dealer John Staluppi has opened a new state-of-the-art Hyundai dealerhip -- believed to be the world's largest -- in Las Vegas. The facility,which will employ more than 50 people, cost close to $6 million dollars. Planet Hyundai is a fully equipped dealership with a child’s play room, a service bay with air conditioning and padded flooring for employee comfort, along with a futuristic $150,000 sign,

    By Wire Reports • July 13, 2001
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    Nissan fires back at allegations of discrimination

    Nissan fires back to allegations of discrimination In a statement released late yesterday, Nissan Motor Acceptance Corporation (NMAC) responded harshly to recent charges of discrimination. The charges are based on a study conducted by Vanderbilt University’s Associate Professor Mark Cohen. The study was commissioned by attorneys for the plaintiffs in the lawsuit Cason v. NMAC, currently in federal

    By Cliff Banks • July 11, 2001
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    Trendline

    Artificial Intelligence

    Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.

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    First-of-its-Kind to Integrate Both New and Used Inventories on One Site

    First-of-its-Kind to Integrate Both New and Used Inventories on One Site ATLANTA and DEARBORN, Mich., July 10 /PRNewswire/ -- FordDirect, the joint venture between participating Ford dealers and Ford Motor Company today announced that it has selected AutoTrader.com to power FordDirect.com's Used Vehicle Search Platform. FordDirect's selection of AutoTrader.com will enable the typical participating

    By PR Newswire • July 10, 2001
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    MINI PREPARES TO GRANT 70 DEALERSHIP FRANCHISES

    MINI, a new division of BMW of North America, sent letters of intent to 70 dealer candidates, generally located in major metropolitan and progressive urban areas in 29 states. The letters signify MINI's intent to give dealership franchises for the new generation of MINIs, a small vehicle which BMW plans to sell worldwide. The brand plans to sell 18,000 annually in the U.S. when the $18,000 Cooper

    July 1, 2001
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    Fiber Meets Frugality

    Two cars shriek to a stop at a red light: a luxury Mercedes-Benz S600 and a Ford Taurus. As an onlooker, can you guess which car will boast a better sound and navigation system in the near future? You might be surprised at the answer, because luxury car technology will soon be available to more frugal consumers. D2B SmartWire, developed and introduced in 2000 by Communication and Control Electronics

    By MAYA RHODES • July 1, 2001
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    Six Sigma to save Ford $300 million

    Ford Motor Co. expects its 15-month-old quality improvement system, consumer-driven Six Sigma, will add $300 million to its bottom line this year, says Louise Goeser, the automaker's vice president-quality. The boost, which comes on the heels of a $52 million gift in 2000, will come from warranty cost savings and improved manufacturing efficiency. Ford also will require its suppliers to adopt stricter

    By Compiled by the staff of: WARD'S AUTOMOTIVE REPORTS • July 1, 2001
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    Dealers weigh in on those quality issues

    We asked dealers what they thought about today's vehicle quality, all those manufacturers' recalls, warranty work and such. Here's what they had to say: Don Wessel, owner, Don Wessel Oldsmobile Honda, Springfield, MO: Is there a quality problem? I'm convinced that the problems started when guys like Lopez and Nasser came in and started cutting supplier costs. The cuts have resulted in a reduction

    By Cliff Banks with Maya Rhodes • July 1, 2001
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    GM buys into hydrogen storage maker

    GM cleared a hurdle in the race to make the first mass produced fuel-cell-powered vehicle with its announcement in June that it acquired 20% stake in Quantum Technologies Inc., maker of hydrogen storage tanks. The company expects to produce a tank that can hold enough hydrogen to travel 300 to 500 miles (480 to 800 km). Quantum's tank, the same size as one introduced last year, features several layers

    By Compiled by the staff of: WARD'S AUTOMOTIVE REPORTS • July 1, 2001
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    COLORADO AVALANCHE: A HOCKEY TEAM AND 2 NEW TRUCK NAMES

    General Motors will rename two pickup trucks, the compact Chevy S-10 and the GMC Sierra C3 performance model, Ward's has learned. Letters and numbers are out. Rugged geographic names are in. The Sierra C3 would be redubbed the Sierra Denali, probably beginning with the 2002 model year. The S-10 is expected to be renamed the Colorado next year when an all-new 2003 model debuts. Colorado is in keeping

    July 1, 2001
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    Quotes

    Chevrolet! I mean, its one of the best brands in the world. I mean it's a c-a-a-a-a-a-r brand. I mean, who doesn't want to participate in the next Corvette or C/K (pickup truck)? Bryan Nesbitt, chief designer of the popular Chrysler PT Cruiser, who jumped ship to join GM as chief designer for its Chevrolet Division. This partnership is a lot like a marriage - we're finally going to make it work. John

    July 1, 2001
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    Customers line up for DC super cars

    DaimlerChrysler AG has more than 40 orders in France and the U.K. for expensive cars that won't reach the market until 2002 or 2003. The company in March started accepting $81,000 deposits for the Maybach, a Rolls-Royce competitor, and the Mercedes-Benz SLR McLaren, a 198-mph sports car. A DC spokesman in Stuttgart won't say how many deposits have been made worldwide. The SLR McLaren will be the first

    By Compiled by the staff of: WARD'S AUTOMOTIVE INTERNATIONAL • July 1, 2001
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    Bell & Howell moves GM parts catalog to the Internet

    Bell & Howell is helping approximately 1,500 General Motors dealerships lose their old-fashioned microfiche parts catalogs by putting the parts numbers on line. Eventually, even the higher-tech compact disc and DVD parts catalogs may be replaced by the Internet-based catalog. We're trying to penetrate all segments of the market to give smaller dealers the ability to get away from microfiche, explains

    By Tim Keenan • July 1, 2001
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    BMW Canada selects Reynolds’ ERA system for all dealers

    BMW Canada has selected Reynolds and Reynolds (Canada) Ltd. as the exclusive provider of retailer management systems and related products and services. Reynolds will provide the ERA retail management system to all 32 BMW auto retailers across Canada. The ERA takes information technology to the next level, says Reynolds, powering the retailer's sales, marketing and customer retention activities. ERA

    July 1, 2001
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    Renault’s Technocentre

    PARIS Considering its expense and the fact that it is the linchpin of a new strategy aimed at chopping product development times in half and saving more than $130 million (FF 1 billion) per vehicle program, you'd think Renault SA would be eager to show off its gleaming new technology center to the world. Instead, the French automaker has chosen to be rather secretive about its giant Technocentre,

    By July 1, 2001
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    Toyota prods suppliers to be green

    Bill Ford gets lots of attention these days for nurturing environmental initiatives at Ford Motor Co., but the lack of spotlight hasn't deterred Toyota Motor Corp. from its goal of becoming the industry leader in environmental performance. The No. 1 Japanese automaker, which first laid out its goal in 1992 with its Earth Charter, now is imposing the same standards upon its suppliers. Toyota Motor

    By KATHERINE ZACHARY • July 1, 2001
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    Not Just Another Small Car

    LONDON Nearly 42 years ago, Alec Issigonis's Mini redefined small cars. The new, reincarnated Mini model may not inspire generations of imitators, but neither is it just another small car. This is BMW AG's Mini, a German-conceived and developed baby that's packed with contemporary technology and far from the simplicity (sliding windows, wire door handles, push-button starter) and packaging miracle

    By Peter Robinson • July 1, 2001
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    The QUALITY CRUNCH

    If you only read the headlines, it doesn't look like Ford Motor Co. can do much right these days. Besides its high-visibility fight with Bridgestone/Firestone Inc. over tire recalls and sport/utility vehicle (SUV) rollovers, it seems like the company has forgotten how to build quality cars and trucks. Ford's problems already have been well documented: Its Escape small SUV has been recalled five times

    By Drew Winter, Brian Corbett, Eric Mayne, Tom Murphy, Alisa Priddle, Cliff Banks, David C. Smith • July 1, 2001
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    Ford to expand number of Hispanic-owned dealerships

    Ford Motor Co. will expand the number of dealerships owned by Hispanic Americans by 50 over the next five years as part of a partnership between the automaker, Latino Initiatives for the Next Century (LINC) and Millennium LMI. "The fact is, independent Hispanic dealers, adequately capitalized and effectively managed, are essential to the successful marketing and sales of Ford products," says George

    By Tim Keenan • June 29, 2001
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    GM/ Daewoo Talks Stall, Top Negotiator Resigns

    SEOUL- General Motors Corp.’s attempts to acquire the assets of bankrupt Daewoo Motor Co. Ltd. have stalled for the second time in two weeks, following the resignation of the Daewoo negotiating team’s managing director, Han Young-Chul. No decision has been made as to where or when talks will resume. Negotiators for both sides met for a second time in Hong Kong on June 21 to try and iron out price

    By Vince Courtenay • June 28, 2001
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    Ford gets out of the dealership game; leaves dealerships to dealers

    Like General Motors Corp. before, Ford Motor Co. is getting out of the automotive retail business. Ford is ending a three-year experiment in which it tried to run dealerships in mid-size urban markets. The automaker announced today that it will sell the auto "collections" it runs in Tulsa, Oklahoma City, Salt Lake City and Rochester, NY. Started in 1998 as a reaction to dealership consolidators such

    By Tim Keenan • June 26, 2001
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    F&I

    TOP 20 AT A GLANCE - F&I LEADERS Top 20 F&I Revenue     Top 20 F&I % of Total Revenue   Ricart Ford $ 32,459,848   Maroone Honda of Miami 12.0% Galpin Ford $ 24,374,142   Norm Reeves Honda Superstore 11.0% Universal City Nissan $ 16,659,431   Hudson Toyota 9.0% Longo Toyota $ 14,277,000   Universal City Nissan 7.7% Hudson Toyota $ 14,250,000   Ricart Ford 7.4% Landmark Chevrolet $ 12,804,000   Potamkin

    By WDB • June 22, 2001
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    Longo Toyota long on success

    Longo Toyota on the San Bernadino Freeway in the Los Angeles suburb of El Monte has been among the nation's leading deal-erships since it moved to that location 13 years ago. What better way to celebrate being atop the Ward's Dealer Business 500 than spending $10 million over the next two years to revamp the entire facility. "Hopefully in a year or so we'll re-launch a new Longo," says Greg Penske,

    By Tim Keenan • June 21, 2001
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    Customer service drives the best of the best

    The overriding similarity among the top 10 dealerships in the Ward's Dealer Business 500 is their commitment to customer service. No. 1, Longo Toyota of El Monte, CA, refers to its customers as "guests" and is re-doing its entire dealership with an eye on making it more guest-friendly. No. 3 Galpin Ford in metro Los Angeles, re-examined its service department to improve CSI in that area. No. 4 Fletcher

    By Tim Keenan • June 21, 2001
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    Back-End Operations Continue to Prove Their Importance

    Talk about record breaking sales numbers may be the sexier subject for the automotive retail industry, but car dealers know all too well that a more revealing indicator of a dealership’s health may be the strength of it’s back-end operations. According to Morton Zetlin, co-owner of American Service Center, an Arlington, VA Mercedes dealer, “The car business is a continuum. Every department depends

    By Cliff Banks • June 18, 2001
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    Trying to change the “worst” part of buying a car

    When it comes to acquiring a vehicle, some car buyers find the financial process the worst part about their purchase. A program called Toyota Quality Financial Management is trying to change that. Customer satisfaction scores and dealer profits have risen at participating dealerships. Financial services managers, sales managers, general sales managers, general managers and dealers who have participated

    June 12, 2001