Category: International

Out With The New And In With The Old

For the first time ever, older cars are selling better than new ones in China Used car sales in China have been growing faster than new car sales and some observers are predicting that by 2020 used cars will account…

Is George Soros Looking to Join the Car Club?

Reports suggest that talks are well underway between business magnate George Soros and major dealership groups First it was computer tycoon Michael Dell and the former President of Sonic Automotive, Jeffry Rachor, who entered the retail automotive business. Then, Edward…

AADA’s All-New NADA Study Tour: Not Just Business as Usual

A totally redesigned and re-imagined tour for 2016 Never before has the AADA NADA Study Tour been so focused on rewarding delegates with an unforgettable global automotive industry experience. That includes the opportunity to partake in the most exciting and…

Would You Buy Mr Otaki’s 2013 Toyota Crown?

Buying a Japanese used car can be a risky business A colleague recently received an unsolicited email from the General Manager of a Japanese trading company offering him a 2013 Toyota Crown described as ‘the best ever car in my…

How Many is Too Many?

With 123 car plants in China, overcapacity is only expected to get worse In 2014 China produced 20.98 million vehicles according to the Chinese Association of Automotive Manufacturers, extending its lead as the world’s largest and most profitable car market….

Buffett Feasts On Auto Dealerships

The big tick for the dealership business model:  Why major investors have auto dealerships in their crosshairs. When the most successful investor of the 20th century starts investing in car dealerships, it’s worth taking note. Earlier this year, Warren Buffett…

Expand Your Knowledge – NADA Study tour Now Open

We’re excited to announce the dates of the next NADA Convention & Expo Study Tour: March 31 – April 3 2016. These dates are well worth putting into your diary and reserving – the NADA Convention & Expo is the…

International Dealer Association Working Group Meet

The International Dealer Association Working Group covered two important agendas at the recent NADA Convention & Expo. Direct sales between OEMs and fleet buyers, and the threat of changing finance and insurance policy were top of the agenda at the…