BUT THERE IS A CATCH THAT CUSTOMERS NEED TO BE AWARE OF. FOR THE PAST FOUR WEEKS CUSTOMERS HAVE STAYED AWAY FROM CAR CONNECTIONS SUPERSTORE IN NEW CASTLE. THEY CROSSED THE STATE LINE TO BUY IN OHIO. THAT’S ABOUT TO CHANGE. >> I’VE NEVER BOUGHT A CAR ONLINE BEFORE. I AM GOING TO NOW. REPORTER: ROBERT MROZEK IS ONE OF MICHAEL MANSOUR’S CUSTOMERS WHO WILL BUY ONLINE FROM CAR CONNECTIONS. MANSOUR IS ALSO PART OF THE PENNSYLVANIA INDEPENDENT AUTOMOBILE DEALS ASSOCIATION WHO APPLIED PRESSURE TO THE GOVERNOR TO ALLOW ONLINE CAR DEALS. >> WE PUT CONTINOUS PRESSURE ON THE GOVERNOR AS A FRONTLINE SERVICE TO OUR DEALERS AND A COMMITMENT TO ALL OF OUR DEALERS. CONVINCING HIM THIS IS AN ESSENTIAL BUSINESS. REPORTER: NUMBER ONE COCHRAN CEO ROB COCHRAN SAYS PENNSYLVANIA CAR DEALERSHIP OWNERS AND THEIR CUSTOMERS HAVE SUFFERED DURING THE PANDEMIC. >> MANY OF THEM REALLY NEEDING THE VEHICLE. … Read More
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People who have been shut out the past month from buying a car will be able to now that Gov. Tom Wolf has lifted some restrictions on dealerships.
“We’ve got permission for online sales, but the showroom still will be locked down. We’re not allowed to have people coming in (the showroom) and kicking the tires,” said Jeff Smail, general manager of the family-owned Smail Automotive Group on Route 30, east of Greensburg. Showroom visits are by appointment only, Smail noted.
Wolf signed an order Monday permitting the electronic notarization of documents needed for closing real estate property sales and for buying a vehicle. Dealerships had been closed for sales since mid-March, when the governor ordered all non-life-sustaining businesses to shut down, making Pennsylvania one of three states to clamp down
Sales of Automotive Lead Acid Batteries to Soar, as Global Vehicle Production Ramps Up, Says Fact.MR
Automotive lead acid battery market is set to surpass a valuation of US$ 41.8 Bn and is poised to grow at a value CAGR of 5% during the forecast period (2019-2029). The surge in production of automobiles globally has supplemented the growth of lead acid battery market. Lead acid batteries are soaring on popularity as they provide an additional source of power to the vehicle. However, in the current scenario, the global automobile market has been stagnant in terms of profitable growth. This is anticipated to change in the coming years as the automotive sector is set to capture growth opportunities owing to the increasing vehicle production, thus aiding the demand for automotive lead acid batteries. Moreover, the heightened uptake of passenger cars globally, is expected to accelerate the growth of automotive lead acid battery market. Further, a steady rise in the use of pure electric and hybrid vehicles is
ATLANTA, April 27, 2020 /PRNewswire/ — Historic lows are expected in April as the full effects of COVID-19 are felt across the U.S. auto market for the entire month. According to a forecast released by Cox Automotive, new light-vehicle sales volume is expected to finish near 620,000 units, down 53% compared to last April and down 37% compared to last month. After incorporating seasonal adjustments, the annual vehicle sales pace in April is expected to finish near 7.5 million, down significantly from last month’s 11.4 million and far below last April’s 16.5 million level.
The auto industry has consistent, reliable data reaching back to 1976. In that timeframe, the single lowest sales month was marked in January 2009, in the depths of the Great Recession. Total sales fell to 655,000, and the seasonally adjusted annual rate (SAAR) fell to 9.6 million. The lowest sales pace in the past
After 55 years of running this literature business, I decided to sell the business and/or the literature. The web site is included. Age and health problems have dictated that it is time for me to move on and let someone with the love of old car literature to have some fun with what I have collected.
The literature remains in my climate controlled shop and is maintained in pristine condition. I have never taken the literature to swapmeets and it has all ways been sold by mail order. Current inventory has a retail price of $1.5 million and consists of over 40,000 items. I have dropped the price from $150,000 to $50,000. The sale information is here: http://www.mclellansautomotive.com/auto-lit-business-for-sale/ as it was up to a couple of month ago before the reorganization for shipping.
I went through all the literature that was not inventoried (not on the web site) and
|Total Vehicle Sales||11.4M|
|Domestic Vehicle Sales||9.1M|
Unit sales of motor vehicles, published by the Bureau of Economic Analysis at the beginning of each month, include domestic sales and imports. Domestics are sales of autos produced in the U.S., Canada, and Mexico. Imports are U.S. sales of vehicles produced elsewhere. The data track all passenger cars and light trucks up to 14,000 pounds gross weight (including minivans and sport utility vehicles). Though totals include a relatively small portion sold to businesses, motor vehicle sales are good indicators of trends in consumer spending and often are considered a leading indicator at business cycle turning points.
Since motor vehicle sales are an important element of consumer spending, market players watch this closely to get a handle on the direction of the economy. The pattern of consumption spending is one of the foremost influences on stock and bond markets.
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FILE PHOTO: The Chinese national flag flies on the roof of a Ford car dealership in Beijing, China October 11, 2018. REUTERS/Thomas Peter
BEIJING (Reuters) – Ford Motor Co (F.N) said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand in the world’s biggest auto market.
The Dearborn, Michigan-based company said, however, all its dealers in China had resumed work and its sales in March had returned to 75% of the same period last year.
In China, Ford makes cars through Jiangling Motors Corp Ltd (JMC) (000550.SZ), in which it has a stake, and a joint venture with Chongqing Changan Automobile Co Ltd (000625.SZ).
Ford has been trying to revive sales in China after its business began slumping in late 2017. Sales sank
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