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BMW says tensions with Chinese dealers an industry-wide issue
2015-01-09 21:13:05| Auto Dealers - Topix.net
Demands for compensation from Chinese car dealers hit by a market slowdown have become an industry-wide issue, BMW's board member for sales said on Friday, adding relations were not simply about "holding hands and walking into the sunset." After years of growth that turned China into the world's biggest car market, cooling demand is exacerbating tensions between global automakers and local car dealers.
Tags: issue
chinese
bmw
dealers
What Should OEMs & Dealers Do in 2015?
2015-01-08 00:59:47| AutomotiveDigest.com - Automotive Industry News
Bringing production in line with vehicle demand is behind new vehicle sales staying profitable for OEMs and dealers. The Article What Should OEMs & Dealers Do in 2015? appeared first on Automotive Digest.
CPO Sales Increase as Dealers and Car Shoppers Access Used Car Listings and Reports
2015-01-07 19:07:19| AutomotiveDigest.com - Automotive Industry News
It wasnt long ago that automakers and dealers wondered if certified pre-owned (CPO) vehicle sales would take off, with car shoppers being willing to pay more than for that same non-certified used vehicle on their dealer lots. There was also concern about the vehicle safety and reliability inspection being accurate and trustworthy. The latest report […] The Article CPO Sales Increase as Dealers and Car Shoppers Access Used Car Listings and Reports appeared first on Automotive Digest.
Tags: access
sales
car
increase
What Should Dealers and OEMs Be Doing in 2015?
2015-01-06 22:57:55| AutomotiveDigest.com - Automotive Industry News
Welcome in 2015! And now the challenge is to keep the growth in sales and profits going. As the market approaches what could be a peak in auto sales in 2015, dealers will need to keep costs down, sales up at 2014 levels, and be judicious in all aspects of the dealer operations and not let the euphoria of the last year dampen the drive to make 2015 even better. Listen, watch, and heed the cautionary tone of John Humphrey, Sr Vice President, Global Automotive Operations for J D Power in his interview with Automotive Digest Publisher Chuck Parker. The Article What Should Dealers and OEMs Be Doing in 2015? appeared first on Automotive Digest.
China: BMW to support loss-making dealers with $820 million
2015-01-05 12:04:47| Automakers - Topix.net
Bayerische Motoren Werke AG, the world's largest premium automaker, has decided to levy 5.1 billion yuan to help its Chinese sales network recover some of the losses. The news comes from the China Automobile Dealers Association, the country's largest dealer group and a representative for the local distributors of BMW cars, with the automaker agreeing to pay the retailers after the latter stopped ordering cars from the company.
Tags: support
china
million
bmw
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