George W. Bush and Congress have labored together to “lend” up to $17.4 billion to GM, Chrysler and Ford. New Atlas spent the bulk of last week touring the LA Auto Present and seeing the newest in all-American (market) vehicles, vans, concepts and auto expertise. Though the hike in gasoline costs is usually cited because the prime motive affecting the auto trade, other components reminiscent of a weakening financial circumstances (viz. FCA gross sales dropped 9.7 percent in September on a pointy pullback of fleet sales, while the automaker’s sales at retail ticked up slightly.
Whether you are the owner or supervisor of an automotive dealership, navigating the advanced panorama of the automotive industry may be extremely difficult without the absolute best sources to provide you with the information it’s worthwhile to succeed. Indeed, over the years I’ve written over 550 articles on this subject, and of these almost 200 are on the enterprise side of the auto business.
Basic Motors’s Chinese three way partnership, Baojun, is taking more market share on the planet’s greatest automobile market but the U.S. company’s minority stake leaves it weak to a strong native firm. Moreover, constant modifications in legislation regarding tariffs for utilization …Read more