Virtual car shops revving up drivers

Published: 23 February 1999 y., Tuesday
The auto industry is increasingly parking its inventory in cyberspace, where Internet browsers can stroll through a vast electronic showroom, kick imaginary tires, dig up detailed information, and even finance and buy a car and have it delivered. The Internet is a maze of auto information, and Web sites continue to expand. Currently, about 60 percent of the National Automobile Dealers Association_s (NADA) 20,000 il,10p,6p6 dealer members have some tie to an Internet Web site, according to an NADA study. The actual number of cars being sold over the Internet is unclear, but the biggest auto site, www.autobytel.com, claims to process more than 100,000 vehicle purchase requests each month. "In the future, as far as dealerships are concerned, you will be able to do everything on the Internet that you can do now by walking into a dealership,' said Jean Beres, the NADA_s information technology analyst". She divides the types of Web sites into three general categories - the auto-buying sites, where the browser is referred to a dealer and the Web site gets a referral fee from the dealer; sites operated by a manufacturer, where only its products are displayed; and others that focus on information regarding insurance, recalls and crash test results. NADA operates its own Web site, www.nada.org, which is designed primarily for its members, but Beres said it does have tips on maintenance, safety and links to specific manufacturer sites.
Šaltinis: Denver Post
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Commission closes investigation into agreement between Bratislava Airport and Ryanair

The European Commission has today decided to close the formal investigation procedure into the agreement between Bratislava Airport in Slovakia and Ryanair after concluding that the airport operator acted as a market economy investor and therefore no advantage has been granted to Ryanair. more »

Jamaica: Agriculture Ministry and World Bank to Assess Weather-Risk Model for Coffee Industry

The coffee industry of Jamaica represents one the largest earners of foreign exchange, approximately US$30 million in 2008. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Mauritius

On January 13, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mauritius. more »

IMF and World Bank Announce US$1.6 Billion in Debt Relief to Afghanistan

The World Bank's International Development Association and the International Monetary Fund have agreed to support US$1.6 billion in debt relief for the Islamic Republic of Afghanistan. more »

New study on "Public Goods provided by Agriculture in the European Union"

The Common Agricultural Policy plays a critical role in helping farmers to deliver environmental goods and services, provided that policies are targeted in the right way. more »

Commissioner Samecki encourages Croatia to use EU investment as a launch-pad for growth

Regional Policy Commissioner Paweł Samecki will meet Croatia's Prime Minister Jadranka Kosor and members of her government in Zagreb on 25-26 January to discuss the country's preparations for accession in the context of the EU cohesion policy. more »

Dominican Republic: World Bank approves US$20 Million to Foster Local Development through Municipalities

The World Bank Board of Directors today approved US$20 million for the Dominican Republic in support of the Municipal Development Project, which aims to improve the technical and financial capacity of local governments. more »

EIB supports with EUR 400 million development of automotive sector in Romania

The European Investment Bank (EIB) is lending EUR 400 million to Ford Romania SA for the expansion and refurbishment of the company’s existing car assembly plant located in Craiova in the South-West of Romania. more »

The Agriculture Council studies ways to improve the functioning of the food supply chain

The Agriculture Council of the European Union has examined ways to improve the functioning of the food supply chain with the ultimate aim of controlling the fluctuation in prices and ensuring a more equitative distribution of the added value throughout the chain. more »

806 construction workers in Lithuania to receive help from EU Globalisation Fund

The European Commission has today approved an application from Lithuania for assistance under the Globalisation Adjustment Fund (EGF). more »