Sunday, May 3, 2020

New fear: Shortage of pickups

New fear: Shortage of pickups https://ift.tt/3dc39qt

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.

Saturday, May 2, 2020

Dealers' new fear: Shortage of pickups

Dealers' new fear: Shortage of pickups https://ift.tt/3ffTdxR

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

Ontario to allow dealers to reopen on May 4 with a catch https://ift.tt/2Snb4Jy

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

Toyota, Honda, Hyundai sales sink as virus crimps demand https://ift.tt/3d9gAr0

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

Ontario issues safety guidelines for auto retailing, manufacturing https://ift.tt/3bX7Fc3

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

Toyota, Hyundai sales sink as virus crimps demand https://ift.tt/2SrdOWg

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.