More Data on the Effect of Toyota’s Troubles

02.05.2010

Below is a graph that shows a downward trend for Toyota’s in the market place during the month of January.  The X axis is the timeline, and the Y axis is the ratio of vehicles entering the market to leaving the market on that day.
While there is a great deal of variability, for both Toyota [...]

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The effect of Toyota recalls on the used car market

02.05.2010

Image by Getty Images via Daylife

I’ve asked members of our data department to analyze the effect of Toyota’s recent troubles on the used vehicle market.  I expect to have the results posted shortly.
The preliminary analysis, however, definitely shows that Toyota’s market day’s supply began decreasing in November and December, and that rate has really picked [...]

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Got a Question, Need Some Help

02.02.2010

Does anyone have a dealer website that allows an HTML link to be embedded in the vehicle description?

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Proof of Profits in Used Cars

02.02.2010

Image via Wikipedia

If anyone thinks that there’s no money to be made in used cars, they should take a look at the following note from Steve Mabry of Tuscaloosa Chevrolet in Alabama. About 6 months ago, Steve and his dealer were struggling to generate volume, gross and profits in used cars.  With the help of [...]

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An NADA Panel You Don’t Want To Miss

02.01.2010

As all of you know, the used car business is the Internet business.  Eric Miltsch, one of the guys whom I respect the most, is speaking on a panel at the upcoming NADA Convention in Orlando.  Eric handles all of the Internet services for Auction Direct USA.  If you haven’t heard of these guys, they [...]

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Velocity 2.0: Paint, Pixels and Profitability Ranks #1

02.01.2010

Velocity 2.0 ranked Number 1 in it’s category on the best sellers list on Amazon.com.
Pick up your copy by ordering here.
Check out the Velocity 2.0 book reviews too!
Thanks for your continued support!

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Important Alert: New Information About Likely Effect of Recall on Used Toyota Values

01.28.2010

Over the past two days I’ve received numerous inquiries regarding the effect of the recall on used Toyota values.  The initial information that I received suggested that the problem could be resolved in a 30-45 day time span.  This conclusion was based on the fact that Toyota has the capacity to produce 200,000 new gas [...]

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How Blogging Goes Wrong

01.28.2010

A couple nights ago I was having dinner with a dealer friend and we were discussing the topic of blogging.  I got a good laugh when he told me that his franchise manufacturer had just established a blog department. “A blog department,” I exclaimed, “isn’t that oxymoronic?”  The whole idea of blogging is that information [...]

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Congratulations to Toyota, practical response for the cessation of sales

01.27.2010

Toyota’s decision to cease sales of affected new and used vehicles is a brilliant and responsible action.  It shouldn’t be lost on anyone that Audi set itself back two decades by mishandling a similar issue.  Although the initial reports about Toyota’s decision are shocking the airwaves and reflect negatively on the product, I believe that [...]

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Security Alert for all automotive travelers

01.26.2010

The English are feeling the pinch in relation to recent terrorist threat and have raised their security level from “Miffed” to “Peeved.” Soon, though, security levels may be raised yet again to “Irritated” or even “A Bit Cross.” The English have not been “A Bit Cross” since the blitz in 1940 when tea supplies all [...]

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