The popularity of no-interest, seven-year loans has turned concerns about business evaporating from the coronavirus pandemic into worries about not having the vehicles customers are clamoring for.
Sunday, May 3, 2020
Saturday, May 2, 2020
Dealers' new fear: Shortage of pickups
The popularity of no-interest, seven-year loans has turned concerns about business evaporating from the coronavirus pandemic into worries about not having the vehicles customers are clamoring for.
Friday, May 1, 2020
Ontario to allow dealers to reopen on May 4 with a catch
The Canadian province says dealers should consider issuing personal protective equipment (PPE) “as a last resort.” Dealers can resume sales on Monday, May 4, by appointment only.
Toyota, Honda, Hyundai sales sink as virus crimps demand
April deliveries fell 54 percent at Toyota Motor, 54 percent at American Honda, 39 percent at Hyundai and 38 percent at Kia, better than some forecasts. While the outbreak upended volume across the industry -- analysts project U.S. new-vehicle sales skidded 50 to 55 percent -- Hyundai credited the "ingenuity of our dealers" and "robust customer assistance programs” for helping mitigate the impact.
Ontario issues safety guidelines for auto retailing, manufacturing
The Canadian province says dealers should consider issuing personal protective equipment (PPE) “as a last resort.” Dealers can resume sales on Monday, May 4, by appointment only.
Toyota, Hyundai sales sink as virus crimps demand
April deliveries fell 54 percent at Toyota Motor, 39 percent at Hyundai and 45 percent at Mazda. While the outbreak upended volume across the industry -- analysts project U.S. new-vehicle sales skidded 50 to 55 percent -- Hyundai credited the "ingenuity of our dealers" and "robust customer assistance programs” for helping mitigate the impact.