October 7, 2008
DEARBORN, MI – Ford is exploring several opportunities to promote "green" driving practices with everyone from everyday drivers to government officials.
Tags: EcoDriving, Ford, fuel-saving behavior
August 19, 2008
DENVER – Automakers have announced EcoDriving, a comprehensive nationwide effort to save consumers money at the gas pump, reduce fuel use, and cut carbon dioxide (CO2) emissions.
Tags: Alliance of Automobile Manufacturers, automakers, EcoDriving, Environmental Defense Fund
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By Mike Antich Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.
By Mike Antich October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.
By Mike Antich
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In This Issue: Finance, Marketing & Sales Leads, Near & Subprime, Buy-Here, Pay Here and much more…