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Twenty teams of Lexus specialists will hit the road on Jan. 13 -- the start of a month-long process to prep dealership personnel on how to create buzz for the redesigned 2010 GX 460 mid-sized SUV. Though the GX has been on the market since September 2002, managers at Toyota Motor Corp.'s luxury division still believe retailers do not understand all of the vehicle's attributes. |
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Nov. 23 |
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Cadillac will unveil the sleek 2011 CTS coupe next week at the Los Angeles Auto Show. General Motors says the car was designed to become the centerpiece of Cadillac's revised lineup. The car arrives in dealer showrooms in spring 2010, packing a standard 3.6-liter V-6 and a six-speed manual transmission. |
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Nov. 23 |
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The town of Burgaw, N.C., boasts 4,000 residents. It's hardly the place you'd expect to find one of the most aggressive auto dealerships in social-media marketing. But the Internet can be a great equalizer. Thanks in large part to the dealership's tech-savvy Internet manager, Matthew Heath, Safeway Chevrolet in Burgaw not only has a Facebook page. |
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Nov. 23 |
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Chrysler Group is offering to buy back parts from rejected dealerships for 68 cents on the dollar -- an option some dealers describe as too little, too late. This month Chrysler sent letters to all 789 rejected dealerships offering to repurchase eligible parts such as oil filters, air filters, wiper blades, starters and engine controllers, said company spokeswoman Kathy Graham. |
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Nov. 23 |
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Tenneco Inc. is issuing 12 million shares of stock, and TRW Automotive Inc. is issuing at least $475 million in new debt. The suppliers will use the proceeds to fund operations and pay off some higher-cost debt. |
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Nov. 23 |
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The consumer Web site of Kelley Blue Book will provide values for cars and trucks sold under automakers' certified used-vehicle programs. The new values can be found on www.kbb.com starting the second week of December, along with Kelley's other used-vehicle prices, said James Bell, executive market analyst at Kelley. The company also provides new- and used-vehicle values. |
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Nov. 23 |
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