Mazda Announces the Launch of Mazda Financial Services New Customer Deferred Payments
Apr 1, 2020
Mazda North American Operations April 1, 2020 IRVINE, Calif. (April 1, 2020) – Mazda North American Operations (MNAO) today announced the launch of Mazda Financial Services (MFS) provided by Toyota Motor Credit Corporation (TMCC). MFS offers a suite of automotive finance, lease, wholesale, dealer banking, and insuran ... Continue reading
FCA US Reports First-quarter 2020 Sales Down 10%
Apr 1, 2020
FCA US LLC reported a 10 percent decline in its first-quarter sales as the strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March. ... Continue reading
FCA OFFERS NEW CAR AND TRUCK DEALS! - Chrysler, Jeep, Dodge, Ram, Fiat and Alfa Romeo.
Apr 1, 2020
In an effort to alleviate shopping concerns and to chart a path for better days ahead, FCA is launching its “Drive Forward” initiative. ... Continue reading
Low Oil Prices Makes China Happy - Hmmmm (Just Saying)
Apr 1, 2020
China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average. China remains the world’s top crude oil importer, surpassing the United States in 2017. ... Continue reading
Apr 1, 2020
Average transaction price for a light vehicle in the United States was $37,736 in March 2020. New-vehicle prices increased $972 (up 2.6%) from March 2019, while dropped $38 (down 0.1%) from last month. “While the automotive industry and broader U.S. economy were brought to a near halt in March, average transaction pr ... Continue reading
LMC-Auto COVID-19 Auto Industry Insights
Mar 31, 2020
COVID-19 uncertainty: how long until a clearer view emerges? In a conversation with a colleague recently, he remarked that the violent stock market gyrations of recent days were probably worsened by the fact that there seems to be no clear reference point on which a plausible outlook can be based. How long will the loc ... Continue reading
Mar 31, 2020
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) today released the final Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule setting corporate average fuel economy (CAFE) and CO2 emissions standards for model years 2021 ... Continue reading
Gas Is CHEAP! - Go Buy That Used SUV You've Wanted
Mar 31, 2020
Honda Announces Production, Sales and Export Results in February 2020
Mar 30, 2020
for the 5th consecutive month.- New vehicle registrations experienced a year-on-year decrease for the 5th consecutive month.- Mini-vehicles experienced a year-on-year increase for the first time in five months.- Fit was the industry's 7th best-selling car among new vehicle registrations for the month of February 2020 w ... Continue reading
Is F&I (Finance and Insurance) Being Left Out of the Digital Retailing Process?
Mar 30, 2020
Most people in and around automotive circles can now define Digital Retailing as the ability to seamlessly and efficiently connect the online shopping and buying journey with the showroom transaction process. ... Continue reading
COVID-19 Drive-Thru Testing To 11 Children's Hospitals With $2.2 Million
Mar 29, 2020
Today, Hyundai Hope On Wheels® (HHOW) and Hyundai Motor America announce expanding COVID-19 Drive-Thru Testing Centers to 11 children’s hospitals throughout the U.S. and grants totaling $2.2 million. The COVID-19 pandemic has created a particular threat to children with cancer, many who have compromised immune syste ... Continue reading
Gasoline Sales Starting to Show Impact of COVID-19 as US Fuel Sales Start Downward Slide
Mar 27, 2020
U.S. gas station operators are bracing for the impact of COVID-19 on fuel sales, as same-store gasoline sales were down 2.4% nationwide for the week ending March 14, when compared to the same week last year, according to OPIS Demand Report, a weekly survey of more than 15,000 fuel stations nationwide*. More troubling f ... Continue reading
Production Adjustment at Mazda due to Spread of Novel Coronavirus
Mar 26, 2020
Mazda Motor Corporation would like to express our deepest sympathy and concern for all of those who have been suffering from the novel coronavirus outbreak and extend our sincere condolences to the families of the deceased. In response to the global spread of the novel coronavirus, many countries have been quickly and ... Continue reading
Once Top Rated Ford Debt Now Rated As Junk By S&P
Mar 26, 2020
Dearborn March 25. 2020; MarketWatch reported that S&P Global Ratings late Wednesday downgraded Ford Motor Co. ... Continue reading
Special Edition: Economic Impact on Auto Sales with Cox Auto' Jonathan Smoke
Mar 25, 2020
Much has changed since the first week of March. COVID-19 cases keep getting worse and will lead to a substantial economic contraction in the second quarter. ... Continue reading
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