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New York Auto Dealers Hope to Squelch Tesla Stores
2013-06-24 09:00:52| AutomotiveDigest.com - Automotive Industry News
A pair of bills in the New York State Legislature, backed by state auto dealers, would make Tesla-styled online Tesla stores illegal in New York. Get the details on the fight between New York franchised dealers and Tesla Motors. [More]The Article New York Auto Dealers Hope to Squelch Tesla Stores appeared first on Automotive Digest.
TOP NEWS: Franchised NY Auto Dealers Fight Tesla Stores
2013-06-24 09:00:31| AutomotiveDigest.com - Automotive Industry News
Two bills in the New York State Legislature could prevent Tesla Motors, and others in the future, from selling vehicles directly and bypass franchised dealers. Ford Motor Cos latest innovation to its Sync infotainment system, called MyFord Touch, may prove to be too complicated and dissuade potential car buyers. As we get closer to the year 2025, and upcoming EPA mileage guidelines, more hybrids and more parts within automobiles will be going electric.The Article TOP NEWS: Franchised NY Auto Dealers Fight Tesla Stores appeared first on Automotive Digest.
Car Dealers Fight Direct-to-Consumer Sales
2013-06-23 23:48:17| Auto Dealers - Topix.net
Green Car Reports: Tesla doesn't sell its cars through dealership franchises. It uses its own company run stores, like Apple.
Rising sales driving auto dealers' recovery in Washoe
2013-06-23 15:29:00| Auto Dealers - Topix.net
Car buyers are back, and auto dealers are seeing it in sales that are soaring -- in some cases, by double digits -- across Northern Nevada.
Tags: auto
sales
driving
recovery
Auto Dealers Face Puzzling Issues under CFPB Rulings
2013-06-22 20:05:42| AutomotiveDigest.com - Automotive Industry News
Editorial Comment: The CFPBs attempt to offer fair auto lending to consumers has become a bump in the road to both sides of the issue, as some of the articles presented here do indicate: As recently as last week, members of Congress sent a letter to the Consumer Financial Protection Bureau (CFPB) indicating that their rulings could hurt consumers more than protect them, calling he auto lending ruling "unrealistic." Auto lending reforms sought by the Consumer Financial Protection Bureau could hurt consumers, congressional Republicans warned today. In a letter sent to the bureau, Rep. Spencer Bachus of Alabama and 34 other U.S. House Republicans said that paying dealerships a flat fee for every auto loan rather than a cut of the interest rate -- which the bureau says is needed to curb bias -- would raise borrowing costs or shut poorer buyers out of the new-car market. "The controls strike us as onerous and unrealistic," the letter said, "and restricting consumer choice is highly problematic." Opinions arise on both sides of the issues arising from guidelines and rulings put forth by the Consumer Financial Protection Bureau, and it promises to get uglier before any resolutions arise from the dust. [Read more]The Article Auto Dealers Face Puzzling Issues under CFPB Rulings appeared first on Automotive Digest.
Tags: auto
issues
face
dealers
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