Tag: Automobile Pricing

Unprecedented Pricing Pressure In Commercial Vehicles, Ashok Leyland Says | Bloomberg Quint

Unprecedented Pricing Pressure In Commercial Vehicles, Ashok Leyland Says | Bloomberg Quint

The pricing pressure in the commercial vehicle segment has reached ‘unprecedented’ levels, with all Indian automakers doling out discounts, Ashok Leyland Ltd. Chief Financial Officer Gopal Mahadevan told BloombergQuint in an interview. “The industry, excluding Ashok Leyland, seems to believe that the best way to acquire customers is to give discounts,” he said. The high […]

Renault India launches new Captur crossover at Rs 999,000 | Autocar Professional

Renault India launches new Captur crossover at Rs 999,000 | Autocar Professional

Renault India, which is looking to rev up its performance in India and ride the ongoing SUV sales boom, officially launched the Captur crossover today with an aggressive pricing strategy. The model range starts at Rs 999,000 for the RXE petrol and goes up to Rs 13.88 lakh (ex-showroom all India) for the top-end Platine diesel […]

Is Tesla, Inc. About to Build a Factory in China? | The Motley Fool

Is Tesla, Inc. About to Build a Factory in China? | The Motley Fool

In addition, Tesla’s strong appetite for market share — even if it means forgoing profits today — has led the company to adopt an unconventional pricing strategy in China. Unlike some other U.S. automakers that hike the price of their vehicles beyond incremental shipping expenses, taxes, and customs duties for their sales in the market, Tesla […]

Here’s The Problem With Those ‘No Haggle’ Dealerships | Jalopnik

Here’s The Problem With Those ‘No Haggle’ Dealerships | Jalopnik

One of the most frustrating aspects of buying a car from a dealer is the back and forth about the price. Some dealers have responded to this by offering upfront, “no haggle” prices. And while this seemingly streamlines the process and makes (some) buyers happy, in practice, it’s a little bit more complicated. We all […]

Q&A: Troy Blackwell, AutoNation USA | Houston Chronicle

Q&A: Troy Blackwell, AutoNation USA | Houston Chronicle

Q: Why did you pick Houston as one of the first locations to launch AutoNation USA? A: Houston was a great market to come to, especially for used cars. The customers’ profile, typically on credit, (show) that they’re often looking to buy a 1-, 2- or 3-year-old car. The volume, the gas prices in this […]

Local Gainesville dealership offers convenient online shopping | Markets Insider

Local Gainesville dealership offers convenient online shopping | Markets Insider

With Auto Gallery’s easy to navigate website, shoppers can browse their inventory by make, model, color, price and many other search options.  Whether searchers are looking for a 4×4 truck or a compact coupe, Auto Gallery Inc. has what they are looking for.  Once a shopper has narrowed down their decision, Auto Gallery Inc.’s handy […]

Ford Struggles in China as Domestic Automakers Put Pricing Pressure | GuruFocus.com

Ford Struggles in China as Domestic Automakers Put Pricing Pressure | GuruFocus.com

Ford’s struggle in China continues as the company’s equity income from its two joint ventures in China dropped 34% in the second quarter of the year to $195 million. The company’s main challenge happens to be the domestic Chinese automakers that have started offering economical and competitive models using predatory pricing strategy in view of […]

Road test: Ford Kuga – midlife crisis leads to facelift | The Irish Times

Road test: Ford Kuga – midlife crisis leads to facelift | The Irish Times

Yet the Asians have ridden roughshod over more established western brands. So why is the Hyundai Tucson Ireland’s favourite new car, while the Ford Kuga languishes down in 26th place? Part of it is certainly down to price: when it arrived on forecourts several years ago the Kuga was uncompetitive compared to rivals. It was […]

AutoNation to stick with 1-price despite drag on used margins | Automotive News

AutoNation to stick with 1-price despite drag on used margins | Automotive News

AutoNation Inc. is sticking by its commitment to a one-price model on used-vehicle sales, even though the switch dragged down the retailer’s used-vehicle margins in the second quarter. The nation’s largest dealership group fully implemented its one-price strategy in the second quarter. The strategy has been successful in some markets and difficult in others, CEO […]

AutoNation profits miss estimates in second quarter, lower Florida sales a factor | Sun Sentinel

AutoNation profits miss estimates in second quarter, lower Florida sales a factor | Sun Sentinel

Quarterly vehicle sales were down 2 percent on a same-store basis, AutoNation said. Total revenue was $5.28 billion for the second quarter compared with $5.44 billion a year ago. Jackson said he expects new-vehicle sales to continue a 2 to 3 percent drop. On CNBC-TV’s “Squawk Box” Wednesday morning, Jackson said consumers are shifting from […]