Category Archives: Delaware New & Used Auto Dealers

Toyota Camry New Generation in 2012

  Toyota Camry New Generation In 2012 Toyota recently announced pricing and product information on the redesigned seventh-generation Toyota Camry, including pricing on the new Toyota Camry Hybrid. The Toyota Camry is a sales star, holding the honor of America’s top-selling car … Continue reading

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United Auto Workers Talks Continue With Ford, Chrysler, and General Motors chr

UAW Talks Continue With Ford, Chrysler , and General Motors UAW talks are at a crossroad.  Should UAW members go for a Cost Of Living Allowance  (COLA) or Profit Sharing and Performance Bonuses? The UAW workers have not had a … Continue reading

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SAAB Seeking Short Term Financing

Saab Seeking Short Term Financing Saab, owned by Dutch group  Swedish Automobile NV , and bought last year out of General Motors bankruptcy is now fighting for its life. The Chinese investors deal is not due to be complete until … Continue reading

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Mazda’s North American Losses Climb

MAZDA’S NORTH AMERICAN LOSSES CLIMB Second quarter losses for Mazda in North America climb to 97 Million.   Japan’s earthquake and strong yen contribute to losses. Worldwide Mazda reported an operating loss of 285 Million with revenue declining 30 % … Continue reading

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GM Pickup Sell Off With No Incentives

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

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

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

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

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

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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