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BMW CONFIRMS PRODUCTION OF 3-SERIES-BASED CUV

BMW has recently announced that it will begin production of the long-awaited 3-Series CUV, according to a recent AutoWeek.com article.  It is expected to be labeled as the F3 when it hits dealerships sometime in 2010, BMW says, and will likely target Honda CR-V and Toyota RAV4 buyers. 


NISSAN CUBE TO OUT-BOX SCION XB?

In the wake of other successful B-segment icons, such as the Scion xB, Honda Fit and Toyota Yaris, Nissan has signaled its plans of transplanting another diminutive Japanese vehicle to the U.S. market—the Cube.
   

FUTURE NEW-VEHICLE SALES FORECASTED

U.S. consumers still love big vehicles, and even though gasoline prices are averaging $3.20 a gallon across the nation, they will probably continue to buy big vehicles, according to a recent article in The Detroit News. However, the article states that the overall U.S. market could drop slightly as some consumers wait until gas prices drop before making a new-vehicle purchase.

WHAT TO CONSIDER WHEN OPTING FOR OUTSOURCING

Outsourcing is the process of having certain services that could be, or have been, provided internally performed on a continuing basis by companies or individuals outside your organization. It's long been common in manufacturing for companies to depend on external suppliers to provide them with components made to their specifications. Most business decisions favoring outsourcing are made for economic reasons, according to a recent article from the National Federation of Independent Businesses (NFIB).

DIESEL TO OUTPACE HYBRID GROWTH?

With U.S. regulators looking to revise fuel-economy standards amid concerns for energy security and greenhouse gas (GHG) emissions, the combined annual diesel and hybrid gasoline vehicle sales in the United States will be $2.7 million by 2012, according to a recent press release by Ricardo, a strategic consulting firm for the automotive industry.

WHEN TO PASS ON A BUSINESS OPPORTUNITY

What does is take to be successful in business? According to Larry Mersereau-small business consultant, speaker and author in the field of marketing and promotion-a look at successful people tells you that the ability to spot opportunity in these rapidly changing times is one major key. And it's not enough to just see opportunity, he says. It's not even enough to see it and act on it. It's at least equally important to be able to assess whether the opportunity you're looking at is right for you...before you act on it.

CONSUMERS MAY GIVE UP PERFORMANCE FOR FUEL ECONOMY, SAYS CONSUMER REPORTS

According to a recent Consumer Reports poll, facing soaring gasoline prices, American car buyers definitely want more fuel-efficient vehicles but may not be ready to give up size, range, performance or other amenities to achieve that goal.

FOUR REASONS FOR INCREASED AUTOMOTIVE AFTERMARKET CONSOLIDATION

Record capital inflows and low interest rates have lead to a blistering merger and acquisition (M&A) market for financial and strategic buyers-the former looking for acquisitions which will yield synergistic benefits while the latter add value to the organization with the stated goal of reselling the business at some point in the future for a profit.

"BEST BANG FOR CONSUMERS' BUCKS," SAYS CARS.COM

Consumers turn to the Internet to research the cars and trucks they plan to buy. Roughly one in five (21%) new-car buyers say that the Internet influences their vehicle-buying decision, according to SEMA data. Cars.com, an automotive research website for new vehicle buyers, recently advised consumers of its top vehicle picks based on overall cost of the vehicle: fuel economy combined with sticker price.

TWELVE CUSTOMER PROFILES—HOW KNOWING THESE COULD HELP IMPROVE YOUR SALES

You probably have a good idea of who your existing customers are, their similarities, needs, etc. Future customers, on the other hand, may have unique needs that require a new approach in order to get them to buy your products. In a recent article by the National Federation of Independent Businesses, the author maps out 12 different customer profiles. In each of the 12 descriptions below, the author indicates a "customer tip-off"-what a customer might say to you—and a "conversation starter"—the appropriate response recommended by the author.

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