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Buffett says he'll buy more auto dealerships

2015-03-31 22:06:33| Auto Dealers - Topix.net

Buffett says he'll buy more auto dealerships Investor Warren Buffett says he plans to buy more auto dealerships Check out this story on USATODAY.com: http://usat.ly/1bNJbCy Investor Warren Buffett inside his 2006 Cadillac DTS. Buffett's car was auctioned for more than $122,000, about 10 times the estimated worth, as the billionaire and philanthropist offered to again help out one of his favorite charities.

Tags: buy auto hell dealerships

 

US: study shows auto dealerships need improvements

2015-03-31 11:32:33| Auto Dealers - Topix.net

The latest research conducted in the US shows that both women and the upcoming power generation - the Millennials - are still reacting positive to the traditional dealership experience when shopping for a car, save for the usual ton of paperwork. While many feared so, with the advent of the Internet of things and of mobile devices, dealerships are in no danger to become obsolete - with women and younger shoppers actually needing the dealership experience to compare their research, do a test drive and even negotiate the price.

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FTC fines auto dealerships in US, Canada over 'deceptive ads'

2015-03-31 02:18:10| Auto Dealers - Topix.net

The Federal Trade Commission announced the results of Operation Ruse Control, a nationwide crackdown on car dealers who allegedly use deceptive advertising to take advantage of car buyers. "For most people, buying a car is one of the largest purchases they'll make," Jessica Rich, Director of the FTC's Bureau of Consumer Protection, said.

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Which 3 car dealerships actually passed the APA's survey?

2015-03-29 07:20:43| Auto Dealers - Topix.net

Given that so many dealerships failed the survey, it may be no surprise that APA President George Iny said he believes that many Calgary dealers are "at a disadvantage today if running an honest ad." The APA visited many dealers offering low-priced monthly or weekly payments, but Crowfoot Chrysler was one of the few actually able to match their advertised low weekly payment offer - $39 a week for a 2014 Dodge Dart.

Tags: car survey passed dealerships

 

With car dealerships' ranks thinned, the survivors thrive

2015-03-27 04:00:10| Auto Dealers - Topix.net

A sales consultant, left, helped customer George Lang check a vehicle's market price at a kiosk on the showroom floor at #1 Cochran, a Buick dealership in Monroeville, Pa. Only a few years ago, in the depths of the recession, the local car dealership seemed to be living on borrowed time.

Tags: car ranks survivors thrive

 

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