Finance

Social Media and the car business

Social Media and the car business

Car Czar Consulting says: How the times have changed. Social media is key! Wikipedia, Social media are media designed to be disseminated through social interaction, using highly accessible and scalable publishing techniques. Social media use web-based technologies to transform and broadcast media monologues into social media dialogues. They support the democratization of knowledge and information and transform people from content consumers to content producers. Andreas Kaplan and Michael Haenlein define social media as “a group of Internet-based applications that...

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A Tale of Two Cities 2010: Low-Tax Texas v. Big-Government California

Czar Nicholas II

Car Czar Consulting says: A Tale of Two Cities 2010   Low-Tax Texas Beats Big-Government California Michale Barone, April 9, 2010, “Stop messing with Texas!” That was the message Gov. Rick Perry bellowed on election night as he celebrated his victory over Sen. Kay Bailey Hutchison in the Republican primary for governor. In his reference to Texas’ anti-littering slogan, Perry was making a point applicable to national as well as Texas politics and addressed to Democratic politicians as well...

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Boiling in a VAT

Boiling in a VAT

Car Czar Consulting says: This does not sound good. Beware of a Value Added Tax 04/09/2010, Mtt Hadro, White House economic adviser Paul Volcker’s suggestion that Congress enact a “value added tax” (VAT) has spurred outrage from conservatives, led the White House to distance itself from his comments, and furthered speculation that a VAT may well be in the cards as soon as this fall. The Heritage Foundation describes the VAT, already used in the European Union, as “similar...

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New York AG secures judgement v. dealership who sold non-disclosed rental cars

New York AG secures judgement v. dealership who sold non-disclosed rental cars

Car Czar Consulting says: Buyer and Dealer Beware! N.Y. car dealer ordered to pay restitution POUGHKEEPSIE, N.Y. (Legal Newsline) – New York Attorney General Andrew Cuomo has obtained a judgment against the former owner of a Poughkeepsie car dealership who sold consumers vehicles that had allegedly been used as rental cars. Raymond M. Wilkinson III, the former owner of Pougkeepsie Chevrolet is required by the judgment to pay $225,269.47 in restitution to consumers who were sold previously used rental...

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Apple to update iPhones, iPads to run long-sought multi-programs

Apple to update iPhones, iPads to run long-sought multi-programs

Car Czar Consulting says: This apple continues to grow profitably by providing consumer features. Apple iPhone to soon get long-sought multitasking; Apple will update iPhones, iPads to run more than 1 program at once; feature long sought CUPERTINO, Calif. (AP) — Apple Inc.’s iPhone and iPad devices will soon be able to run more than one program at a time, an ability that phones from Apple’s rivals already offer and that iPhone owners have long sought. The changes, coming...

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Toyota warned Europe distributors about car pedal issues well before telling US government

Toyota warned Europe distributors about car pedal issues well before telling US government

Car Czar Consulting says: “So sorry,” Saga Continues, Part Deux. Europeans warned of Toyota pedals well before US April 2, 2010 WASHINGTON (AP) — Long before Toyota told U.S. regulators about sticking accelerator pedals, the Japanese automaker warned its distributors throughout Europe about similar problems, documents obtained by The Associated Press show. Concerns about sticking gas pedals and complaints from Toyota owners in the U.S. were rising at the end of 2009. The documents show that weeks earlier, on...

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Renault-Nissan and Daimler to work together on small, fuel efficient vehicles

Renault-Nissan and Daimler to work together on small, fuel efficient vehicles

Car Czar Consulting says: “…Renault and Nissan will each take on a 1.55 percent stake in Daimler, which in turn will take a 3.1 percent stake in each of the other two. The move will add to Renault and Nissan’s existing 11-year-old alliance, that has made it the world’s fourth largest automotive group with sales of 6.1 million vehicles last year…” Renault-Nissan, Daimler in small-car alliance BRUSSELS (AP) — Carmakers Renault SA, Nissan Motor Co. and Daimler AG unveiled...

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Hyundai Dealers Challenged To Be Customer-Centric to Sell the 2011 Equus

Hyundai Dealers Challenged To Be Customer-Centric to Sell the 2011 Equus

Hyundai Dealers Must Cater to Customers to Sell the 2011 Equus April 2 2010, Automobile Check Dealer Pricing On a New Hyundai Hyundai’s new 2011 Equus sedan certainly packs a lot of luxury into an affordable package, but in order to sway luxury buyers — especially those faithful to traditional luxury brands — the company’s dealerships are going to have to go out of their way to cater to customers. Expect dealers who sign up to handle the Equus...

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Toyota sales up 40% Year-Over-Year on consumer incentives

Toyota sales up 40% Year-Over-Year on consumer incentives

Car Czar Consulting says: Consumers are now conditioned to wait for strong incentives to buy or lease. Toyota sales surge 41% fueled by incentives Freep, April 1, 2010, FToyota learned that incentives work as the automaker reported a 41% increase in its U.S. sales in March reversing year-over-year declines in January and February in the wake of highly-publicized recalls. Even its Prius hybrid, which was the subject of two recent incidents of alleged unintended acceleration, experienced a 27% jump...

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First Quarter Roundup 2010: Retail Stores Closing Doors

First Quarter Roundup 2010: Retail Stores Closing Doors

Retail Stores Closing Doors First Quarter Roundup 2010 Announcements continue to roll in from retailers that have decided to close stores, slow expansion plans or cease operations altogether. From Ann Taylor to Waldenbooks, we update our ongoing roundup with the latest news from the first quarter of 2010. Read on to see which retailers are closing (at least some) of their doors. Are any of these your favorites? ANN TAYLOR Announced: March 12, 2010 In a March 2010 press...

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Applemania Part Deux: 600,000-700,000 iPads Sold On Launch Day

Applemania Part Deux: 600,000-700,000 iPads Sold On Launch Day

The Car Czar Says: What are you waiting for? Run out and get yours’ now! 600,000-700,000 iPads Sold On Launch Day April 4, 2010, HuffingtonPost, In a report to clients issued Saturday night, Munster’s estimated that by midnight Sunday, Apple will have sold 600,000 to 700,000 iPads, including pre-orders — more than double his relatively conservative pre-launch estimate of 200,000 to 300,000. (Other analysts had published estimates of 300,000 to 400,000.) By comparison, Apple reportedly took 74 days to...

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Obama: Positive jobs report; More work remains

Obama: Positive jobs report; More work remains

Czar Consulting says: Temporary Census jobs and other Government jobs made up the bulk of the increase. “…Yet, the positive news reported by the government was tempered by some sobering statistics. For instance, many of the 162,000 new jobs went to temporary Census workers. And more than 40 percent of those without jobs have been unemployed for more than six months. Since the recession began in December 2007, some 8.4 million have lost their jobs…That’s a staggering sum, Obama...

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Robert Samuelson: Obama’s Spending Is Planting the Seeds of Disaster; $10+ Trillion Debt

Robert Samuelson: Obama’s Spending Is Planting the Seeds of Disaster; $10+ Trillion Debt

Car Czar Consulting says: You’re 10-20 TRILLION in debt. Sounds like “Big Money!” March 29, 2010, WASHINGTON — When historians recount the momentous events of recent weeks, they will note a curious coincidence. On March 15, Moody’s Investors Service — the bond rating agency — published a paper warning that the exploding U.S. government debt could cause a downgrade of Treasury bonds. Just six days later, the House of Representatives passed President Obama’s health care legislation costing $900 billion...

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Obama: $600MM in housing aid for states with high unemployment; Is the Recession over?

Obama: $600MM in housing aid for states with high unemployment; Is the Recession over?

Car Czar Consulting says: Who says the Recession is over?! See the foreclosure report video below and decide for yourself. Gov’t to give $600M in housing aid to 5 states; Treasury adding $600 million in housing aid for 5 states with high unemployment March 29, 2010, The Obama administration on Monday announced $600 million in financial support for five more states with high unemployment that have been slammed by the housing bust. Ohio got the largest share of funding,...

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New Media Works: ways to increase your chance of getting major media to care about your idea

New Media Works: ways to increase your chance of getting major media to care about your idea

Car Czar Consulting says: Getting people to care about your idea takes effort. 8 things that helped me increase our chances of getting major media to care that I think can help you too Unreasonable Institute, March 29, 2010, When I was recently asked what I did to get bloggers of some major publications to write about the Unreasonable Institute I said what any good entrepreneur would say, “I don’t know…I just did it.” After some reflection, I realized...

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Chinese car maker Geely gains toe-hold in US, elsewhere, in purchase of Ford Volvo unit

Chinese car maker Geely gains toe-hold in US, elsewhere, in purchase of Ford Volvo unit

Car  Czar Consulting say: Now this ought to be interesting. Virtually unlimited Chinese investment money against a toe-hold in the US and globally provides Geely with distribution and brand awareness. These folks are serious marketers of vehicles for the masses. See the video below. Geely Buys Ford‘s Volvo car unit March 28, 2010,  (Reuters) – Zhejiang Geely Holding Group, China’s largest private-run car maker, agreed on Sunday to buy Ford Motor’s (F.N) Volvo car unit, the country’s biggest overseas...

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Sales of Electric Vehicles evidences in the US

Czar Nicholas II

Car Czar Consulting says: Selling into “shortages,”  real or imagined, has been a winning tactic that tends to cause a stir and resulting judgment based on “who benefits.” That said, how are we to determined the efficacy of such prognostication until sales of Electric Vehicles evidences in the US? This strikes us a little bit of “chicken or egg” or, perhaps. Chicken Little crying “…the sky is falling!…” Spread the Word: These icons link to social bookmarking sites where...

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