Friday, May 15th, 2009
The ruckus today seems on who is in and who is out as far as dealerships for Chrysler and General Motors is concerned. And as far as the Asbury Automotive Group is concerned, 1 Chrysler and 2 GM dealerships are out.
The company today announced that its Nalley Chrysler/Jeep dealership in Roswell, Georgia is on Chrysler LLC’s list of stores that it intends to reject as part of its dealer consolidation plan. In addition, General Motors has notified the Company that it will not renew the franchise agreements for two Asbury dealerships in Kissimmee, Florida – a Chevrolet franchise and a combined Pontiac/Buick/GMC store – when they expire in November 2010.
The three dealerships generated revenues of approximately $105 million in 2008, or about 2% of Asbury’s total revenues of $4.6 billion.
(Source) Press
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Posted in Business, Chrysler, GM | Comments
Thursday, April 16th, 2009
Renault-Nissan is shifting to high gear as far as pushing for electric vehicles are concerned. The Renault-Nissan Alliance today announced that Nissan and Maricopa Association of Governments (MAG), which represents the Phoenix metropolitan region, are forming a partnership to advance zero-emission mobility by promoting the development of an electric vehicle (EV) charging network.
ECOtality Inc., a Scottsdale, Ariz., clean electric transportation and storage technologies company, will also participate in the partnership by working to facilitate the process of helping make the Phoenix Metro Area EV-ready. Nissan previously announced a partnership with ECOtality and the Pima Association of Governments, in the Tucson, Ariz., area, to promote a charging network infrastructure. The expansion of this partnership will work towards the implementation of an EV charging corridor, connecting the Phoenix and Tucson Metro areas.
Nissan will introduce zero-emission vehicles in the United States in 2010 and will mass market them globally two years later. The announcement coincides with the Phoenix stop on a coast-to-coast tour of Nissan’s EV Prototype, a vehicle that’s powered by Nissan’s lithium-ion battery pack and zero-emission electric motor. While this vehicle does not represent the design of Nissan’s electric vehicle that will be sold in 2010, the EV Prototype is an indicator of what’s to come in zero-emission mobility.
(Source) Press
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Posted in Cars, Nissan | Comments