Geely founder Li Shufu says slow sales of the Emgrand, Gleagle and Englon sub-brands have prompted the automaker to direct resources to a single vehicle lineup and consolidate the 900-plus dealerships with exclusive rights to sell one of the brands....More
Price transaction transparency is why TrueCar and others are making fortunes soothing retail buyers’ fears of paying too much for vehicles. Why so many dealers don’t take advantage of the same sort of price information on the wholesale side is hard to understand....More
Last year was the German marque’s best ever in Korea, with sales of 33,066 vehicles, accounting for more than 21% of all new import registrations. Including the Mini brand, the automaker’s share stood at 25%....More
After announcing its intention to leave Europe by the end of 2015, Chevrolet now wants to liquidate its Spanish dealer network as early as this summer, offering compensation many retailers reject as inadequate....More
OEs are pressing for more than brick-and-mortar changes and modern décor. They want showroom culture to evolve as well, and evidence suggests dealers who follow these new employee/customer roadmaps will be rewarded....More
The effort to polish up the luxury automaker’s showroom experience is spearheaded by the marque’s “Future Retail” program that will see U.S. dealers collectively spend $2.5 billion over the next five years to transform and expand showroom capacity 40%....More
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