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CarOffer™ Breaks Ground In The Automotive Industry Launching The First-Ever … – Virtual

CarOffer™ Opens A New World for Dealers to Exclusively Bid and Buy Used Cars Directly From Consumers Within Their Market Area

Dallas, Texas (PRWEB) April 21, 2014

CarOffer™, launched in Dallas, Texas by industry entrepreneur Bruce Thompson, went live across the country on Thursday, April 17th with the industry’s first-ever smartphone centric tool. The user-friendly app, employing the latest mobile technology, gives consumers the ability to launch their car within minutes from wherever they may be and receive real-time cash offers from premier dealers within their market area. For the first time, dealers with the CarOffer™ tool will be able to tap into unchartered territory and acquire inventory directly from consumers.

“Buying cars directly from consumers is the ‘holy grail’ in our industry,” said Bruce Thompson, CEO/Founder of CarOffer™. “However, dealers have been unable to gain significant traction due to large used vehicle operations like CarMax dominating the market,” said Thompson. “This tool allows the dealer to get in the game.”

CarOffer™ charter dealer partners are some of the most influential dealers in the country. They have been hand picked for their innovative customer service experiences and their commitments to a better, more efficient vehicle selling process for the consumer. The product allows dealers to own specific territories exclusively. Based on the consumer’s location, the bid will be routed to the dealer owning that territory to submit an offer.

“Our initial pilot launch has been tremendously successful,” said Ziad Chartouni, company CTO. “We’ve only opened up about 10% of our capacity during the soft launch and the system is generating hundreds of consumer bid requests per day. We anticipate several thousand within the next 3-4 weeks. This is the real deal and it is the answer to acquiring needed inventory directly from the consumer.”

Dealers license the CarOffer™ brand in their markets. As a result, they exclusively own the brand and territory giving them the ability to leverage a world-class creative team and infrastructure. “I can’t tell you how pleased we are with the soft launch. We’ve already bought many vehicles and anticipate buying a few hundred in St. Louis each and every month. Great program with great execution, said Pete Fusz, Director of Used Vehicle Operations, Lou Fusz Auto Group.

The CarOffer™ application launched at the 2014 NADA Convention to dealers in January and is now available to consumers for free download on iPhone®, iPod touch® and Android devices. For more information, please visit http://www.caroffer.com or call 888-471-0787.

About CarOffer™

Founded in 2013 by Bruce Thompson (creator of Redbumper, LLC), CarOffer™ is based in Dallas, TX. Amongst an executive team with over 60 years of combined experience in all elements of the automotive industry, the company aims to provide unique and innovative software solutions that streamline and directly connect the consumer to the dealer across a wide spectrum of profit centers and technologies.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/04/prweb11774484.htm

Article source: http://www.virtual-strategy.com/2014/04/21/caroffer%E2%84%A2-breaks-ground-automotive-industry-launching-first-ever-smartphone-application-g

CarOffer™ Breaks Ground In The Automotive Industry Launching The First-Ever … – Virtual

CarOffer™ Opens A New World for Dealers to Exclusively Bid and Buy Used Cars Directly From Consumers Within Their Market Area

Dallas, Texas (PRWEB) April 21, 2014

CarOffer™, launched in Dallas, Texas by industry entrepreneur Bruce Thompson, went live across the country on Thursday, April 17th with the industry’s first-ever smartphone centric tool. The user-friendly app, employing the latest mobile technology, gives consumers the ability to launch their car within minutes from wherever they may be and receive real-time cash offers from premier dealers within their market area. For the first time, dealers with the CarOffer™ tool will be able to tap into unchartered territory and acquire inventory directly from consumers.

“Buying cars directly from consumers is the ‘holy grail’ in our industry,” said Bruce Thompson, CEO/Founder of CarOffer™. “However, dealers have been unable to gain significant traction due to large used vehicle operations like CarMax dominating the market,” said Thompson. “This tool allows the dealer to get in the game.”

CarOffer™ charter dealer partners are some of the most influential dealers in the country. They have been hand picked for their innovative customer service experiences and their commitments to a better, more efficient vehicle selling process for the consumer. The product allows dealers to own specific territories exclusively. Based on the consumer’s location, the bid will be routed to the dealer owning that territory to submit an offer.

“Our initial pilot launch has been tremendously successful,” said Ziad Chartouni, company CTO. “We’ve only opened up about 10% of our capacity during the soft launch and the system is generating hundreds of consumer bid requests per day. We anticipate several thousand within the next 3-4 weeks. This is the real deal and it is the answer to acquiring needed inventory directly from the consumer.”

Dealers license the CarOffer™ brand in their markets. As a result, they exclusively own the brand and territory giving them the ability to leverage a world-class creative team and infrastructure. “I can’t tell you how pleased we are with the soft launch. We’ve already bought many vehicles and anticipate buying a few hundred in St. Louis each and every month. Great program with great execution, said Pete Fusz, Director of Used Vehicle Operations, Lou Fusz Auto Group.

The CarOffer™ application launched at the 2014 NADA Convention to dealers in January and is now available to consumers for free download on iPhone®, iPod touch® and Android devices. For more information, please visit http://www.caroffer.com or call 888-471-0787.

About CarOffer™

Founded in 2013 by Bruce Thompson (creator of Redbumper, LLC), CarOffer™ is based in Dallas, TX. Amongst an executive team with over 60 years of combined experience in all elements of the automotive industry, the company aims to provide unique and innovative software solutions that streamline and directly connect the consumer to the dealer across a wide spectrum of profit centers and technologies.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/04/prweb11774484.htm

Article source: http://www.virtual-strategy.com/2014/04/21/caroffer%E2%84%A2-breaks-ground-automotive-industry-launching-first-ever-smartphone-application-g

CarOffer™ Breaks Ground In The Automotive Industry Launching The First-Ever … – Virtual

CarOffer™ Opens A New World for Dealers to Exclusively Bid and Buy Used Cars Directly From Consumers Within Their Market Area

Dallas, Texas (PRWEB) April 21, 2014

CarOffer™, launched in Dallas, Texas by industry entrepreneur Bruce Thompson, went live across the country on Thursday, April 17th with the industry’s first-ever smartphone centric tool. The user-friendly app, employing the latest mobile technology, gives consumers the ability to launch their car within minutes from wherever they may be and receive real-time cash offers from premier dealers within their market area. For the first time, dealers with the CarOffer™ tool will be able to tap into unchartered territory and acquire inventory directly from consumers.

“Buying cars directly from consumers is the ‘holy grail’ in our industry,” said Bruce Thompson, CEO/Founder of CarOffer™. “However, dealers have been unable to gain significant traction due to large used vehicle operations like CarMax dominating the market,” said Thompson. “This tool allows the dealer to get in the game.”

CarOffer™ charter dealer partners are some of the most influential dealers in the country. They have been hand picked for their innovative customer service experiences and their commitments to a better, more efficient vehicle selling process for the consumer. The product allows dealers to own specific territories exclusively. Based on the consumer’s location, the bid will be routed to the dealer owning that territory to submit an offer.

“Our initial pilot launch has been tremendously successful,” said Ziad Chartouni, company CTO. “We’ve only opened up about 10% of our capacity during the soft launch and the system is generating hundreds of consumer bid requests per day. We anticipate several thousand within the next 3-4 weeks. This is the real deal and it is the answer to acquiring needed inventory directly from the consumer.”

Dealers license the CarOffer™ brand in their markets. As a result, they exclusively own the brand and territory giving them the ability to leverage a world-class creative team and infrastructure. “I can’t tell you how pleased we are with the soft launch. We’ve already bought many vehicles and anticipate buying a few hundred in St. Louis each and every month. Great program with great execution, said Pete Fusz, Director of Used Vehicle Operations, Lou Fusz Auto Group.

The CarOffer™ application launched at the 2014 NADA Convention to dealers in January and is now available to consumers for free download on iPhone®, iPod touch® and Android devices. For more information, please visit http://www.caroffer.com or call 888-471-0787.

About CarOffer™

Founded in 2013 by Bruce Thompson (creator of Redbumper, LLC), CarOffer™ is based in Dallas, TX. Amongst an executive team with over 60 years of combined experience in all elements of the automotive industry, the company aims to provide unique and innovative software solutions that streamline and directly connect the consumer to the dealer across a wide spectrum of profit centers and technologies.

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/04/prweb11774484.htm

Article source: http://www.virtual-strategy.com/2014/04/21/caroffer%E2%84%A2-breaks-ground-automotive-industry-launching-first-ever-smartphone-application-g

Auto industry budget proposals 2015: Govt to provide relief to consumers …


China, Venezuela discuss cooperation deals

CARACAS: Chinese Foreign Minister Wang Yi, on a tour of Latin America, met his Venezuelan …

Article source: http://www.dailytimes.com.pk/business/23-Apr-2014/auto-industry-budget-proposals-2015-govt-to-provide-relief-to-consumers-besides-stakeholders-of

Auto industry budget proposals 2015: Govt to provide relief to consumers …


China, Venezuela discuss cooperation deals

CARACAS: Chinese Foreign Minister Wang Yi, on a tour of Latin America, met his Venezuelan …

Article source: http://www.dailytimes.com.pk/business/23-Apr-2014/auto-industry-budget-proposals-2015-govt-to-provide-relief-to-consumers-besides-stakeholders-of

Auto industry budget proposals 2015: Govt to provide relief to consumers …


China, Venezuela discuss cooperation deals

CARACAS: Chinese Foreign Minister Wang Yi, on a tour of Latin America, met his Venezuelan …

Article source: http://www.dailytimes.com.pk/business/23-Apr-2014/auto-industry-budget-proposals-2015-govt-to-provide-relief-to-consumers-besides-stakeholders-of

Recalls Drive Mary Barra and GM to Top of Auto Industry ‘Most Influential …


 Normally a new CEO would be pleased to rocket to the top spot in terms of influence for her industry, but Mary Barra’s rapid rise to become the most influential executive in the automotive industry may not be welcomed news. Ms. Barra earned the top spot in a new industry influence study ( http://clck.it/autoin2014
), narrowly beating out Tesla Motors CEO Elon Musk, as the marketplace reacts to the news of recent recall announcements.

Five different GM executives earned spots on the top 20 list, while only four Ford executives were listed, led by CEO Alan Mulally who ranked 8th. The prominence of Tesla Motors in the industry was highlighted by their rank as the 6th most influential auto brand ahead of more established names including Daimler, Nissan, Honda, and BMW.

The Appinions study is based on analysis of over two billion documents including TV transcripts, offline publications, online publications, blogs, forums, and social media. The Appinions platform identified approximately 225 million opinions that appeared between January 10th and April 8, 2014. It then identified who held each opinion and calculated influence scores based on attributes of the meaningful reactions each opinion causes or inspires.

“This year we’ve seen discussions of safety, auto technology, and luxury grow in impact,” said Larry Levy, CEO of Appinions Inc. “while historically ‘hot’ topics like performance and design have dropped significantly in terms of their impact. Other interesting trends include Apple and Google driving over 50% of the discussion around connected cars, while discussion of hybrids and electric vehicles has replaced most talk of improved gas mileage. We’re able to literally measure how times are changing.”        

The study lists the six most influential themes in the automotive industry as Safety, Auto Technology, Fuel Economy, Performance, Luxury, and Design. In each area the executives and companies driving the conversation are ranked and scored based on Appinions analysis. GM and Toyota disproportionately consume the safety discussion, while over 30 different brands play almost equally in conversations about performance.

The Appinions Automotive Industry Influence Study is available at http://clck.it/autoin2014

Learn more about Appinions at http://www.appinions.com

SOURCE Appinions

Copyright (C) 2014 PR Newswire. All rights reserved

Article source: http://www.marketwatch.com/story/recalls-drive-mary-barra-and-gm-to-top-of-auto-industry-most-influential-lists-in-new-appinions-study-2014-04-22?reflink=MW_news_stmp

Recalls Drive Mary Barra and GM to Top of Auto Industry ‘Most Influential …


 Normally a new CEO would be pleased to rocket to the top spot in terms of influence for her industry, but Mary Barra’s rapid rise to become the most influential executive in the automotive industry may not be welcomed news. Ms. Barra earned the top spot in a new industry influence study ( http://clck.it/autoin2014
), narrowly beating out Tesla Motors CEO Elon Musk, as the marketplace reacts to the news of recent recall announcements.

Five different GM executives earned spots on the top 20 list, while only four Ford executives were listed, led by CEO Alan Mulally who ranked 8th. The prominence of Tesla Motors in the industry was highlighted by their rank as the 6th most influential auto brand ahead of more established names including Daimler, Nissan, Honda, and BMW.

The Appinions study is based on analysis of over two billion documents including TV transcripts, offline publications, online publications, blogs, forums, and social media. The Appinions platform identified approximately 225 million opinions that appeared between January 10th and April 8, 2014. It then identified who held each opinion and calculated influence scores based on attributes of the meaningful reactions each opinion causes or inspires.

“This year we’ve seen discussions of safety, auto technology, and luxury grow in impact,” said Larry Levy, CEO of Appinions Inc. “while historically ‘hot’ topics like performance and design have dropped significantly in terms of their impact. Other interesting trends include Apple and Google driving over 50% of the discussion around connected cars, while discussion of hybrids and electric vehicles has replaced most talk of improved gas mileage. We’re able to literally measure how times are changing.”        

The study lists the six most influential themes in the automotive industry as Safety, Auto Technology, Fuel Economy, Performance, Luxury, and Design. In each area the executives and companies driving the conversation are ranked and scored based on Appinions analysis. GM and Toyota disproportionately consume the safety discussion, while over 30 different brands play almost equally in conversations about performance.

The Appinions Automotive Industry Influence Study is available at http://clck.it/autoin2014

Learn more about Appinions at http://www.appinions.com

SOURCE Appinions

Copyright (C) 2014 PR Newswire. All rights reserved

Article source: http://www.marketwatch.com/story/recalls-drive-mary-barra-and-gm-to-top-of-auto-industry-most-influential-lists-in-new-appinions-study-2014-04-22?reflink=MW_news_stmp

Recalls Drive Mary Barra and GM to Top of Auto Industry ‘Most Influential …


 Normally a new CEO would be pleased to rocket to the top spot in terms of influence for her industry, but Mary Barra’s rapid rise to become the most influential executive in the automotive industry may not be welcomed news. Ms. Barra earned the top spot in a new industry influence study ( http://clck.it/autoin2014
), narrowly beating out Tesla Motors CEO Elon Musk, as the marketplace reacts to the news of recent recall announcements.

Five different GM executives earned spots on the top 20 list, while only four Ford executives were listed, led by CEO Alan Mulally who ranked 8th. The prominence of Tesla Motors in the industry was highlighted by their rank as the 6th most influential auto brand ahead of more established names including Daimler, Nissan, Honda, and BMW.

The Appinions study is based on analysis of over two billion documents including TV transcripts, offline publications, online publications, blogs, forums, and social media. The Appinions platform identified approximately 225 million opinions that appeared between January 10th and April 8, 2014. It then identified who held each opinion and calculated influence scores based on attributes of the meaningful reactions each opinion causes or inspires.

“This year we’ve seen discussions of safety, auto technology, and luxury grow in impact,” said Larry Levy, CEO of Appinions Inc. “while historically ‘hot’ topics like performance and design have dropped significantly in terms of their impact. Other interesting trends include Apple and Google driving over 50% of the discussion around connected cars, while discussion of hybrids and electric vehicles has replaced most talk of improved gas mileage. We’re able to literally measure how times are changing.”        

The study lists the six most influential themes in the automotive industry as Safety, Auto Technology, Fuel Economy, Performance, Luxury, and Design. In each area the executives and companies driving the conversation are ranked and scored based on Appinions analysis. GM and Toyota disproportionately consume the safety discussion, while over 30 different brands play almost equally in conversations about performance.

The Appinions Automotive Industry Influence Study is available at http://clck.it/autoin2014

Learn more about Appinions at http://www.appinions.com

SOURCE Appinions

Copyright (C) 2014 PR Newswire. All rights reserved

Article source: http://www.marketwatch.com/story/recalls-drive-mary-barra-and-gm-to-top-of-auto-industry-most-influential-lists-in-new-appinions-study-2014-04-22?reflink=MW_news_stmp

Beijing Auto Show 2014 In China; Meets A Sluggish Auto Industry

High-profile designees from global and domestic automakers, as well as photographers, journalists, female models, and the general public have begun to flock to Asia’s biggest auto show, which opened today. The Beijing Auto Show, which will continue until April 29, is a mega-stage event spanning an incredible 230,000 square meters. It has attracted 1,100 vehicles, including a record 118 new debut models from foreign and domestic automakers. The vehicles include SUVs, sedans, sporty cars, energy-efficient cars, and other models.

The Chinese Auto Industry – A Sluggish Giant

China, by virtue of its huge population and size, is the world’s largest market for automobiles. The country saw unit sales growth soar 13.9% last year, with automakers selling 21.98 million units. 2013 also marked the fifth consecutive year that the auto industry grew by double digits in the country. The lucrative scope of the Chinese auto market has had a profound impact on automakers across the world, as evident from company officials’ discussions of optimistic expansion plans for the Chinese market as they talked to media personnel at the show.

According to IHS Automotive, the Chinese auto industry grew 15% in 2013, but the growth will slow down to as little as 2.5% by 2020. Unit sales last month slowed to 6.6% year-over-year (YoY), compared to 17.8% growth recorded in January. The auto industry slowdown is at least partially due to a wider economic slowdown in the country. For the first quarter, the Chinese economy grew 7.4%, the lowest growth recorded in 18 months.

According to the China Association of Automobile Manufacturers, domestic auto makers’ sales seem to have taken the most painful hit, as their market share slid 4.5% percentage points for the quarter to 38.7%, and unit sales dropped 2.6% from the comparable quarter of the previous year.

Another adverse development comes in the form of amended regulations spreading from city to city that restrict the number of new car number plates issued in the year. The new rules seek to put a leash on the growing pollution and traffic levels in country. The city of Hangzhou is the sixth and latest addition to the list, and according to estimates it will place a limit of just 80,000 car plates in a calendar year.

Outlook Continues to Remain Positive

Auto makers at the show have appeared less perturbed by these ominous predictions. Ford Motor Company (F) has set up three plants in the country since 2012, with another four in the works as part of the biggest global expansion initiative in 50 years. The company last Thursday launched its luxury brand Lincoln in the country. According to Alan Mulally, president of Ford, the shift from an investment-oriented economy to a consumer-based economy has caused the momentary slow down and only translates to “reduced risk” for Ford.

General Motors Company (GM) announced a $12 billion investment initiative in the country by the year 2017 that is said to boost the capacity for the largest American carmaker (by unit sales in the US) by 65% by 2020. The Detroit-based automaker plans to release the new Chevrolet Cruze, Trax SUV, and an upgraded version of the famous Cadillac CTS brand to Chinese customers this year. Despite conservative estimates from analysts, GM anticipates the Chinese auto industry to post 24 million (or 8% growth from prior year) unit sales this year, and to surge to 33-35 million new unit sales by 2020.

Toyota Motor Corp (ADR) (TM) plans to launch 15 new models in the country by 2017, with a goal of selling around 1.1 million vehicles in the current year and doubling that number in the foreseeable future. The Japanese carmaker is in intense competition with Nissan Motor Co., Ltd. (NSANY), which currently has an edge over Toyota in terms of market share in China. Political tensions between China and Japan over disputed islands have created an additional challenge for Japanese automakers, which have seen their combined market share in the country fall to 16% from the pre-dispute levels of 20%. In comparison, German automakers boosted their market share to 19% last year, while US carmakers hold a 12% market share.

German automakers also seem to have hopped onto this bandwagon. Last month, Daimler AG (DDAIY) signed a $1.4 billion joint venture deal with the Beijing Automotive Industry Corporation. The President and CEO of BMW’s operations in China also announced plans for launching 10 new BMW models in the country this year.

Tesla Motors Inc. (TSLA), the California-based electric carmaker, will be delivering the first Model S luxury electric car to a Chinese customer this week, marking an official entry into the energy-efficient car industry in China. The company’s charismatic CEO, Elon Musk, made his presence felt in Beijing this week. Notably, however, Tesla isn’t a part of the Auto Show. China saw sales of just 4,100 electric cars and 2,750 hybrid car sales for the first quarter of 2014.

Tesla will need to make it to the list of energy-efficient models currently subsidized by Chinese authorities and build a dense network of charging stations across the country to compete with the current offerings in the market from Nissan and BYD Auto, which is a domestic automaker.

The positive buzz around the auto show in China is a mere derivate of the high expectations for the world’s largest auto industry in the coming years. Whether the automakers achieve the lofty objectives in the region or get weighed down by the industry slowdown is a question that will only be answered in time.

Will the recent auto industry slowdown in China mean that automakers will fail in their high targets for the region?

Yes

No

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Article source: http://www.bidnessetc.com/21569-beijing-auto-show-2014-news-analysis-ford-motor-company-nyse-f-general-motors-company-nyse-gm-tesla-motors-inc-nasdaq-tsla/