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The French PSA Peugeot Citroen is now turning its attention to international growth, and North America is among the first markets being considered. Citroen sold its last car in the United States in 1974, and Peugeot did so in 1991, now they intend to be back.The company's Back in the Race restructuring program has been successfully completed and the next step they planned is to conquer the U.S.market. Citroen's fledgling upscale DS brand could lead the company's export efforts. The DS brand, launched in 2010 and sold in China and Europe, is to Citroen what ...
Fiat dealers in the U.S. will be allowed to combine operations with adjacent Chrysler-Jeep-Dodge-Ram stores. This is a part of Fiat Chrysler's new plan aiming to boost the sales of the brand.This strategy could save a retailer selling 15 new Fiats a month an average of $180,000 per year in duplicate third-party vendor expenses. Dealers who decide to stick with the existing stand-alone Fiat showroom will receive about two-thirds of the savings as well as other benefits to their monthly operations. FCA will also simplify its underperforming Fiat produ...
Tesla Motors signed a contract to lease the ground floor space of a building in Red Hook. The company already has a showroom in Chelsea. It seems like Tesla isn’t keen on renewing. Similar to a few other states, law makers in Utah refuse to let the Electric Vehicle automaker sell its cars directly.A new bill has been proposed that would place restrictions on the electric cars' sales. While Utah’s current law states that the EV company has to hire a franchised dealer to sell its vehicles, Tesla says that it can't sell its cars through traditional third-party dealerships...
Ford Motor Co. and Fiat Chrysler both had their best February for U.S. sales since 2006, Nissan North America posted its highest market share for any month ever, while General Motors is on pace to lose share for a fifth consecutive year. Experts say that the explanation for all these facts is fleet. GM's fleet deliveries dropped 24 percent last month, resulting in a 1.5 percent drop in the company's overall sales. On the other hand, FCA's fleet sales surged 39 percent, Ford's jumped 42 percent, and Nissan's soared 54 percent. GM said it's making a st...
General Motors sent a letter in Indiana to ban Tesla Motors from selling direct to customers. Tesla has sold vehicles to customers through direct vehicle sales, and it says if the letter is signed into law it would revoke Tesla’s permission to sell vehicles from its existing storefront in Indianapolis.The state of Indiana is seriously considering locking Tesla out of the state — with a real possibility that Tesla will be prohibited from holding a dealer license in the state after 2017 ends."Despite having a lawfully granted license to sell Tesla vehicles directly since 2014 at...
