Monthly Archives: August 2011

GM Pickup Sell Off With No Incentives

Posted on 2011/08/26 by admin

GM with a higher pickup inventory than they would like says no to offering incentive and spiffs.  Confident that they can sell pickups and need high inventory now to get through factory down time next year. Sources at GM say … Continue reading →

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US Dealers Short On Lease Returns | Prices Remain High

Posted on 2011/08/22 by admin

There is a shortage of lease returns to dealers, as auto manufacturers who were hit with huge lease losses three years ago put a stop to leasing programs.  Now years later there are very few cars coming “off lease” creating … Continue reading →

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Mitsubishi Motors Big Winner In Japan

Posted on 2011/08/22 by admin

Japanese auto manufacturers got hit heavy with the March, 2011 earthquake in Japan.  Mitsubishi Motors was the least damaged because its production base is largely in Central Japan, an area not affected by the earthquake. Combine this with Mitsubishi’s turnaround … Continue reading →

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Ford Runs Risk Of UAW Strike | Big Gripe Is CEO Pay Of $26.5 Million

Posted on 2011/08/22 by admin

United Auto Workers Union set to hold strike authorization vote on Sept. 2, 2011.  They want to put  pressure on Ford to make new labor deal before their existing contract expires on Sept. 14, 2011. Big union gripe is Ford’s … Continue reading →

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Honda Struggles | Toyota |Nissan | Advance

Posted on 2011/08/22 by admin

Honda Motors dealers here in the USA are struggling to keep up with Japanese competitors Toyota and Nissan.  Honda Motors has failed to increase production post Japanese earthquake. US dealers are reporting that they are out of Civics, Accords and … Continue reading →

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GM Rises From The Dead

Posted on 2011/08/10 by admin

GM has truly risen from the dead.  It’s 2nd Quarter, 2011 net income is up 89% , to 2.5 billion, from it’s 2nd Quarter 2010.  The question is how long can it continue? Higher prices and less incentives seem to … Continue reading →

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Automotive Advertising Network | IFFPF MEDIA | Success | Professionalism | Results |

Posted on 2011/08/10 by admin

IFFFP MEDIA CEO Paul R Hauke, BA MBA has announced the success of their Automotive Advertising Network.  IFFPF MEDIA has been able to combine many of their great programs for car dealers to build a strong internet presence, increase internet … Continue reading →

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Mitsubishi Electric Car Unveiled

Posted on 2011/08/01 by admin

According to Mitsubishi Motors President, Osamu Masuko, the company will introduce an entry level and less expensive version of its i-miEV electric vehicle in Japan.  The car is expected to have a range of 75 miles and cost less than … Continue reading →

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Mitsubishi US Sales To Reach 73,000 Units

Posted on 2011/08/01 by admin

Mitsubishi says, in the fiscal year ending March 31, 2011 US sales expected to reach 73,000 units.  Bad news is operating loss for period to hit $411,000,000. , up from $347,000,000. in prior year. According to Mitsubishi President , Osamu … Continue reading →

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Hyundai Shoots For 600,000 Plus Car Sales In USA In 2011

Posted on 2011/08/01 by admin

Hyundai Motor Cars is on track to pass the magic number of 600,000 New Car Sales in the USA for 2011. In 2010 USA Hyundai Car Sales reached a record of 538,000 plus units.  New car sales for the first … Continue reading →

Posted in Auto Manufacturers Worldwide, California New & Used Auto Dealers, Connecticut New & Used Auto Dealers, Delaware New & Used Auto Dealers, Florida New & Used Auto Dealers, Monmouth County NJ Auto Dealer News Deals Discounts Specials, New Jersey New & Used Auto Dealers, New York New & Used Auto Dealers, Pennsylvania New & Used Auto Dealers, Rhode Island New & Used Auto Deales | Tagged , , , , , | Leave a comment