Automotive Industry News That Makes a Point

While the average person may not have much interest in automotive industry news, a lot of useful information can be obtained. This would include the interesting reasoning behind why you can’t always find the car you want at a dealership. Many consultants push for dealers to listen to the customers and their needs. Though this suggestion would work when you look at it theoretically, there are some things that are stopping it from happening.

It is not actually the dealers that are dropping the ball most of the time; it’s the automakers themselves. They may not ship what has been requested by the dealers, instead shipping the vehicle they want. This leaves the dealers with an inventory that isn’t what they requested or what their customers want.

This unfortunate circumstance leaves the dealer with the choice of resorting to hard sell tactics or letting the vehicles sit around forever. Those hard to sell cars can continue to sit for a while, but ultimately they will create problems for the dealer, as no customer may really want to buy them. You either hope they have the vehicle you want or sometimes settling on another choice.

Continued build up of those vehicles can leave the dealer with absolutely no cars that will fit their customers’ needs or wants. You will definitely want to figure this in when you head into that local dealership and don’t see a car you want.

Those hard to sell vehicles that continue to sit around are called a “brown banana”, because it’s become overripe and the value has been going down as it continues to sit around. At this point what can a dealer really do about that problem?

Giving away the cars free, while it might thrill customers, is something that isn’t going to happen. Even when they knock off a lot of money on the price, they are hurting themselves as dealerships are held to making a certain amount of profit. If they don’t make that amount of profit, they could be shut down.

Of course dealers could head back to the days when hard sells were being used all the time. However, that isn’t going to make a customer happy in any way. Many people hated to see a salesperson walking up them in those days.

You’ve probably had it done before – you know the old “let me see those keys” routine. They would state they needed to look at your car to value it for trade-in, however, once those keys were gone it took some might serious persuasion for them to bring your car around so you could leave.

It was a process that earned many people a bad reputation in the past. They would wear you down over time, until you would finally agree to the sale. Not only would you get a car you weren’t really sure you wanted, but you may have put yourself into too much debt.

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Latest in the Automotive Industry News

The latest in automotive industry news is that Nissan has big plans. Just when the Indian car market is sparked to heat up, one of the major car manufacturers in the world, Nissan, has made some big plans. Nissan Motor India Pvt. Lts. has opened a new corporate office. The location is T. Nagar, Chennal. The person at the helm of leadership will be Kiminobu Tokuyama. Also present at the inaugural were representatives of the Nissan partnership, Renault Nissan Automotive India Private.

Nissan has big plans. One of these is the fact that they will cover 85 per cent of the Indian market by the year 2012. This will evolve as a result of the proposed 11 operating dealerships being in place by the end of this year. This number is expected to increase to 55 dealers in two years.

Another lofty goal Nissan hopes to attain is in exportation. Next year the car manufacturer plans to outsource $20 million in components and double this amount within two years. Along with this goal Nissan plans to export cars. They plan to export to countries until they reach 100 worldwide.

According to automotive industry news, Nissan will begin producing the Global Compact car in their Indian facility next year. Nissan has made it clear that they plan to be a major player in the Indian market just as they have been in the United States and other countries. The production of the compact car will happen in their new corporate facility in India. The 10,000 square feet building will offer employment to 56 people. Another goal is to nearly double this number by the next year. The new facility offers state-of-the-art everything. This, along with artsy interiors and open work-stations will contribute to the culture promoting an open feeling and spreading friendship.

Nissan is proud to be offering nine new models in India. The fact they will open with this large number of models points out that they are entering this new market where they know they will be successful.

Nissan presently has 5.5 per cent of the auto market. Their plans are to increase this number with the opening of additional Indian dealerships along with a lineup of new models. A hatchback, which is built on the V platform, will be the entry car in the Indian market. Nissan will also offer two other autos one of which is a utility vehicle and the other being a sedan. They point out that there are no plans to offer the A segment initially.

Perhaps the competition will be offered mostly with the low cost manufacturing of the compact model while there will also be luxury cars. These will be supplemented by commercial vehicles that will be of the lighter manufacturing. Just six months back it was not certain how the manufacturer would attack the changing market. They have cleared any doubts among other manufacturers after announcing their future plans.

Automotive Industry News Points to Recovery

There have been some very grim headlines from automotive industry news feeds for about 2 years now, since the beginning of the 21st century recession. The auto industry was one of the hardest hit markets to fall victim to the economic slump, but it looks as though this downturn is now looking up. Analysts in the auto market have been forecasting positive recovery for the year to come. Companies who have been keeping their focus on the future, beyond the recession, will most likely be the first companies to jump start their recovery.

A double whammy recession for the auto industry is not likely, according to analysts. On the contrary, they predict. Good things are to come to auto makers and retailers this year. Many car makers are putting back in place some of the jobs they cut due to the recession. Although some companies are reluctant to do such a thing because they still have not healed from the recession, you will find a surprising number of companies that are reinstating jobs that were lost.

Some of these reluctant manufacturers have barely made it through the recession and still bare the battle scars. It will take some absolute numbers for them to recover. Their logic makes sense. They want to be able to hold on to new employees once they are hired. Just like consumers, these types of companies just need some confidence that the economy is really back on the road to recovery.

Stock piled supplies are not as large as they used to be in retail car shops or manufacturer warehouses. Although you will not see an overly loaded car dealership, you will see new models coming in for the bright predictions of recovery, just not in the quantity we are used to seeing. The economy is sending signals that we should get ready for a recovery, but it will still take some more time to encourage both the consumer and the retailer to spend on new cars.

Auto industry specialists gathered to come up with innovative ideas to move the car market forward. Most companies are moving forward but with extreme care. They are being encouraged to take the lead and stimulate the economy for further gain. After nearly two years of abiding to strict budgets, consumers are now ready to splurge on a big ticket item such as a car, and dealers are being encouraged to take advantage of this big spending nostalgia.

It is precisely due to this reason that after the recessions of both the 80’s and 90’s one of the first places on the market to recover was the auto industry. Experts are hopeful this will happen now as well. When people see positive signs of an economic recovery the chances of them buy a car increases.

Finally, some good automotive industry news! A positive forecast is much needed for this market. But wait. There may be a downside for you as a consumer. A car that you will purchase this year could cost you a little more than it would have if you had bought it last year at this time. After several months in a recession car makers really want to see profits rise. One way to see them rise is to charge you more. Although not all car makers are raising prices it would be wise to do your homework before you go out and buy a new car.

High Tech Developments Worthy of Making Automotive Industry News

Everyone knows the current state of the economy; it appears in news reels every day. However, it is very common that bad news distracts the public from the good. The motor sector was hit hard in the past few years, but there is plenty of automotive industry news to be very excited about.

Public awareness has been consistently growing about issues such as global warming and man-made greenhouse gases. With this constant global environmental education comes a common urge to help the situation. Choices are being made with the earth’s wellbeing in mind and as such much stock is being put on improved efficiency and reduced emissions when people buy cars.

As indicated by the multiple new models released (and soon to be released), electric vehicle (EV) models have been grabbing a lot of attention. Already doing well in the USA, Japan and parts of Europe, EV designs seem to be the way forward. It fulfils all the green aspirations consumers have for their automobiles. There are a few issues though, namely the large cost of the lithium ion batteries core to most designs, and also the absence of sound EV infrastructure.

The bridge between fossil fuels and pure electric has been around for quite a while: the hybrid car. Since many can’t afford the extra initial capital costs of an EV, a hybrid seems like a suitable compromise. It has similar benefits to electric cars, but at a fraction of the price, and with less performance loss. It is no wonder then that hybrid sales have been so high in recent years – it is the logical choice, and the public know this.

Other imaginative innovations have been popping up. For example, in safety, many new models have radar and sensor technology allowing you better cruise control and collision detection. Things that were already impressive, such as airbags and anti-lock braking, are now being reshaped and improved.

Many cars now come equipped with airbags that take into account details to allow it to operate better, like weight and size. The latest in anti-lock braking applies brakes faster and harder, and controls out of control situations that lead to crashes. A common new feature is tire pressure sensors, letting you know when your tires need to be filled, much the same way as your oil and gas monitors work.

Don’t forget all those little extras that make an automobile that much more desirable. The latest gadgets are pushing the driving experience into the future. One clever little key design allows you to limit the top speed of the car, ensuring speed-hungry teens don’t crash the family vehicle. Another high tech addition is night vision, allowing a clear view of the road when headlights can’t help. Perfecting existing designs, new GPS systems provide constant instructions, as well as updated traffic reports.

Automotive Industry News Provides Service Staff With Informative Articles

Automotive industry news publications are directed at individuals within the industry. These publications are an informative and authoritative circular that provides a variety of information about the auto industry to its readers. The largest demographic of readers of these publications tend to be individuals who work in the auto industry.

Automotive service specialists tend to read this publication so they may be able to be kept up to date on industry related information. It is popular for car dealers to read this industry publication and require their service managers and other staff members to read it as well. They may also post articles that pertain to their manufacturer in the employee conference area so all staff sees the pertinent information.

These publications tend to hire writers who have a background in the auto industry and who are also proficient writers. There are some authors of these publications who have backgrounds as service department managers. Their involvement in the industry provides them with an ability to relate to their readers and provide information in a manner that provides the material the service staff is looking for.

While the tradition has been for printed versions of these trade publications, many have turned to the Internet in order to circulate the information they are providing for the industry specialists. The publication that is on the web may be the same that is published in printed form or it may contain unique information that is not available otherwise. This version of the publication may require an Internet membership on a monthly, quarterly or yearly basis.

In many cases these publications will feature articles on current trends. The information may be about different manufacturers or their lines of cars. Automotive industry news documents also aim to provide the employees of service departments with material that is directed at the vehicles they may work on.

Automotive news circulars can be connected to a specific automaker and may be created to provide their employees with new information about specific models. In many cases the publications that are published by specific carmakers may be directed at providing customers with information and these documents might be provided in waiting areas of service departments.

Many times the feature articles will be about suggestions for improved customer relations and may also provide insightful information about attracting new customers. This type of article may be beneficial to the employees that are in charge of marketing. Car shows and expositions are often listed, along with reviews of these events and highlights of new models.

Getting Excited About Automotive Industry News

People involved with the cars need to stay current with the automotive industry news. Doing so ensures a cutting edge understanding of the new technologies, designs, and trends that bring about a greater success for the industry and a better value for the customer.

The first line of defense when something goes wrong with your car is your trusted mechanic. Your mechanic probably keeps up with the latest news regarding the automotive industry, not just because it is his livelihood, but because he knows that doing so will bring him greater success. A mechanic must be well informed in order to perform maintenance on the latest models and new technologies found in them.

The new technologies often come from prototypes or concept cars. These prototypes are to the automotive industry what the bikini edition is to Sports Illustrated. It’s the sexiest and most anticipated event of the year. Manufacturers get to show off their new designs and ideas for the future of the industry. Often times you’ll find both designer and general car enthusiasts that line the walls of the annual Detroit Auto Show or similar ones throughout the world. Sometimes these cars set the stage for upcoming cars such as the Chevrolet Volt, which has new “green” technologies that have been implemented in new and upcoming cars.

In addition to designer and enthusiasts being at these trade shows, you’ll find inventors and entrepreneurs. These are the folks that often times find ways to implement new technologies in a way that can be delivered to the general public. Such is the case with Tesla Motors, an entrepreneurial company that has found a way to make high performance cars that rival world renowned sports cars, all the while using electricity to power the car.

These people’s experience and jobs culminate in serving a very critical person, the consumer. It is after all you and I that drive the industry based on not only how many, but more importantly, what cars we buy. Before we begin our shopping, we should update ourselves based on the industry news and trends. This way we can be sure to get the most bang for our buck.

Clearly, where there is a consumer, there is a dealer. The dealerships must maintain a pulse on the industry trends in order to stock his lots with the cars that we want to buy. Otherwise he won’t be in the industry for long.

No matter what role we play in the industry we need to always be sure and keep up with the auto industry news, otherwise how will we be effective at what our role is? It is absolutely critical that we all stay informed. To do so we can: keep magazine subscriptions, attend trade shows, and read blogs and other information about the industry.