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  • Holman to become a new dealership giant after having bought Kuni
    12 Apr 2016

    One of the country’s largest private dealership groups may have been created after Holman Automotive Group Inc. acquired Kuni Automotive. This new group will have 33 dealerships in eight states and will have a projected annual revenue of about $3 billion.Holman, of Maple Shade, N.J., has dealerships in its home state, Pennsylvania and Florida. Kuni, of Vancouver, Wash., has stores in its home state, Oregon, California, Colorado and Kansas. Most of the new dealerships will be situated along the East Coast and West Coast. Holman is one of the most notable...

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  • Tesla Motors puzzled by a tax credits deficiency
    11 Apr 2016

    Tesla Motors announced it faces a shortage of U.S. tax credits for the Model 3, its first mass-market electric vehicle. It was said that, in the first week of orders, 325,000 people had placed refundable $1,000 deposits on the Model 3, a sedan starting at $35,000 with a range of 215 miles and up.As the company has struggled in the past to deliver products on time, some say that the announced crisis is an apparent one, seeing in this announcement a clever production strategy to squeeze more money out of the program for its buyers. Because of a limit on the number of Tesla cu...

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  • US dealerships facing a shortage of mechanics
    10 Apr 2016

    All the main automotive dealerships agree on the fact that there is a serious shortage of automotive technicians able to work on today's advanced cars and trucks. In this situation analysts and experts say that simply recruiting more technicians won't help. The emerging gap between the lost and the recruited technicians is considerable. Ford and GM estimate a need for a total of 15,000 new technicians for their U.S. dealerships over the next five years. The North American shortfall is estimated by Mark Davis, automotive programs manager at Seminole State C...

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  •  New Electric cars from Nissan
    07 Apr 2016

    Nissan has confirmed that it will not build small, rear-wheel-drive sports cars soon.The model which may have tackled the likes of Toyota’s 86 and the Mazda MX-5 in the sales-race would have sat below the current 370Z and GT-R models in the carmaker’s range.But now, according to reports out of Europe, the small sports car plans have been returned to the shelf where they may sit for quite some time. According to Nissan Senior Vice President Shiro Nakamura, the company has a modular platform currently under development that could underpin a model range featuring both electric and fos...

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  • Lexus RX 350, 2016 Toyota RAV4 and Sienna are recalled
    06 Apr 2016

    Toyota has issued two recall campaigns, one for the 2016 Sienna and a second affecting the latest Rav4, Lexus ES 350 and RX 350. Toyota has discovered a problem, Brake Actuator assembly unit is defective on these models made for the US market. Thus, it has announced a recall affecting 4,170 examples of the 2016 RAV4, just 90 units of the 2016 Lexus RX 350, and 12,400 units of the 2016 ES 350.To fix the problem, Toyota will check out all the affected vehicles, and if the part number corresponds to the batch of bad ones, they will replace it. All known owners of the affected Toyota vehicles will...

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