Autonation chrysler
List of Confirmed Theaters Showing Oppenheimer on IMAX 70mm Film (USA)
2023.05.27 08:34 Juginstin List of Confirmed Theaters Showing Oppenheimer on IMAX 70mm Film (USA)
Source: IMAX
Last Update: June 3, 2023
submitted by Juginstin to imax [link] [comments]
Last Update: June 3, 2023
- Harkins Arizona Mills 25 – Tempe, AZ
- AMC Metreon 16 - San Francisco, CA
- Universal Cinema AMC at CityWalk Hollywood - Universal City, CA
- TCL Chinese Theater – Hollywood CA
- Regal Edwards Ontario Palace – Ontario, CA
- Regal Irvine Spectrum 21 – Irvine CA
- Esquire IMAX – Sacramento, CA
- Regal Hacienda Crossings – Dublin, CA
- AutoNation IMAX, Museum of Discovery & Science - Fort Lauderdale, FL
- Regal Mall of Georgia - Buford, GA
- IMAX Theatre at Indiana State Museum - Indianapolis, IN
- Chrysler IMAX Dome Theatre, Michigan Science Center – Detroit, MI
- Celebration! Cinema Grand Rapids North - Grand Rapids, MI
- AMC Lincoln Square 13 - New York, NY
- Regal UA King of Prussia - King of Prussia, PA
- Providence Place Cinemas 16 – Providence, RI
- AMC Rivercenter 11 - San Antonio, TX
- Cinemark 17 – Dallas, TX
- Regal Opry Mills – Nashville, TN
2023.04.18 16:01 khoafraelich789 Alpine talking to AutoNation U.S. dealerships for sales and service
 | Only discussions for now, but a deal would open the U.S. doors for Alpine submitted by khoafraelich789 to CarInformationNews [link] [comments] https://preview.redd.it/7svjg5jnneua1.png?width=1062&format=png&auto=webp&s=8aac8613f6515fcef20b7bd0df8675082d55a059 In January, Renault CEO Luca de Meo opened up about plans for global expansion, with sub-brand Alpine given the role of planting flags in North America and China. As startup brands are finding of late, not only is making cars difficult, servicing them without an easily accessible network is a costly pain. Tesla's been at it for a decade and Tesla owners still face a particular set of challenges. With de Meo looking for the best way into the U.S. market, AutoNation might have opened the front gate. Automotive News reports that the Renault chief has been in talks with AutoNation CEO Mike Manley — formerly top dog at Fiat Chrysler — about getting Alpines into showrooms. This is all preliminary, mind. Renault's working several angles, AutoNation but one of them. A few of the draws for going with the Ft. Lauderdale, Florida-based dealer group are that it's well established, being 27 years old, having more than 300 outlets nationwide, and being the number-one-selling dealer group in the U.S. since 1997, a year after it was founded. In 2022, AutoNation sold 229,971 new cars, down from 262,403 new vehicles in 2021 and giving up the company's longtime lead spot to the Lithia Motors dealer group. And while AutoNation sells almost everything from Bentley to Nissan, it doesn't sell Polestar or Lotus. We thought it didn't sell Porsche, either, but a reader wrote in to inform us two Southern California Porsche dealerships are part of the AutoNation empire. Even with that, an Alpine A110 sports coupe would fill a nearly empty segment space on showroom floors, and the Alpine electric crossovers would need to put up a big fight for attention among competitors or Alpine partners. Renault is already in a joint venture with Polestar owner Geely for ICE and electrified ICE powertrain development and could work with Geely on a platform for the CUVs, and the electric Alpine A110 successor is rumored to spring from a partnership with Lotus. The smaller Alpine crossover for the States would be about the size of the Porsche Macan, the larger one about the size of the Porsche Cayenne Coupe. If anything comes of the discussions, it's also possible AutoNation starts as a digital front for ordering Alpines and is then able to service the cars that are sold. Renault has much to figure out about North American expansion, but the A110 is a tiny seller and the crossovers aren't due here until 2028, so there's time. Source: Autoblog |
2023.01.26 21:56 Electronic_Two4268 [23/M] honest rating pls
![[23/M] honest rating pls](https://b.thumbs.redditmedia.com/MbJYkMqzes_c7jo-vHxwSrVLfuO6T5plX4rS3ZI5c4A.jpg "[23/M] honest rating pls") | submitted by Electronic_Two4268 to FaceRatings [link] [comments] |
2023.01.23 05:19 Electronic_Two4268 23/M Honest rating pls
 | submitted by Electronic_Two4268 to truerateme [link] [comments] |
2022.06.03 02:14 BWARE95 Just bought a new Used car but dealer won't let me take it.
Hey everyone, so as the title says I just bought a used car last week. I was told ahead of time that they wanted to go over the car and check everything out to make sure it was in top condition before they gave it to me, and that if there was a part they had to order (which they likely already knew what needed to be ordered) then it would likely take 3-4 business days to receive it. I was fine with this, my credit was ran twice and I got the car and signed for it. I called the next day as i could not drive my car off the lot the same day and i was informed that they needed to order a part (Hyundai power steering pump) and that it would likely be there either Saturday or Tuesday. I said that sounds fine and Saturday passes with no call, Monday and no call, Tuesday and no Call. Now here I am 1 week later (Thursday) I need my car for work yet everytime I call to ask for an update on what the status is for my car, I get no direct answer on when it's going to be here. The sales person finally told me that they don't know when the part is going to be here which is infuriating. Why even sell me the car when the part was going to be on backorder? This is my first time having bought a car so I'm curious on if I'm in the wrong?? I was ok with 3-4 days waiting for a part but now they don't even know when they'll get it, I've already put my down payment and signed for the car and they're refusing to let me drive it until they get the part replaced. I spoke with the sales representative today and he said he would call me tomorrow after speaking with the manager but I feel like I'm just in store for more dissapointing news. I'm even willing to just order the part myself because the sales rep said he doesn't think that the part needs to be OEM (which conveniently is what's causing the delay because I see 3rd party/aftermarket parts easily ready to be shipped for my car within a couple days, but the OEM Hyundai part is out of stock and I dont know when it will be in stock). I really don't want to lose this car but at the same time it doesn't even feel like it's mine because they're refusing to even let me drive it. Any advice?
Car: 2013 Hyundai Genesis Coupe 2.0T Premium Financing, approved via DealerShip (Chrysler Capital) Dealer is Chrysler Dodge Autonation
submitted by BWARE95 to askcarsales [link] [comments]
Car: 2013 Hyundai Genesis Coupe 2.0T Premium Financing, approved via DealerShip (Chrysler Capital) Dealer is Chrysler Dodge Autonation
2021.09.21 17:35 james33299 Former Fiat Chrysler chief Manley to head AutoNation
 | submitted by james33299 to StateoftheUnionNONF [link] [comments] |
2021.09.21 14:41 DISANews AutoNation names former Fiat Chrysler chief Manley as CEO
 | submitted by DISANews to StonkFeed [link] [comments] |
2021.05.21 04:55 TechSMR2018 Google's self-driving car project reveal their plan to attack the $800 billion trucking business - Sumit Sharma talked about the long haul truck recently ;)
 | https://www.businessinsider.com/the-leaders-via-waymos-self-driving-trucking-arm-2021-5 submitted by TechSMR2018 to MVIS [link] [comments] https://preview.redd.it/9vyv5pz70e071.png?width=1000&format=png&auto=webp&s=e5f3c6ee48db763552ba17ceb89b660e6c5eeeae
But somewhat overlooked at the firm, which has been an independent division of Alphabet since 2016, is the company's trucking arm, Waymo Via. That's set to change as Via presses toward commercialization, following the rollout of the Waymo One robotaxi service in 2018. Insider spoke with three of Via's top executives to get the lowdown on how the firm plans to safely send 80,000-pound fully loaded semis rolling down US highways with no truckers in the cabs. "The invisible world of trucking and logistics is a huge opportunity for innovation," Charlie Jatt, Waymo's head of commercialization for trucking, said. Jatt is a San Francisco native who graduated from Stanford in engineering physics and then undertook a stint in management consulting at Bain. After General Motors bought then tiny self-driving startup Cruise in 2016, he decided to explore the gestational self-driving industry and joined Waymo. Two years ago, when the company began to adopt what he calls a "portfolio view" of its business, he moved over the trucking side. Waymo intends to develop three core autonomous offerings, each constructed around what former CEO John Krafcik termed a "driver" — a suite of hardware and software technologies that functions like a human operator and that could, in theory, drive anything (or fly or sail anything). Think of the Waymo driver as a combination of advanced laser radars and sensors built into vehicles, plus the software that controls them along with the human and technological infrastructure that works with consumers and governments to bring services to market. Those services, if Waymo can successfully execute, should be ride-hailing; freight, logistics, and delivery; and "last mile" solutions for public-transit systems. That's the portfolio that convinced Jatt to make the jump to trucking. "The biggest difference between Waymo Via and Waymo One" — the name of the robotaxi service — "is that Via is a business-to-business product, not a consumer product," Jatt said. That means working closely with partners to assess their needs and they really know what they want. "What's cool is that there are companies that have driven thousands of trucks for decades," he said. An $800 billion business that transports 11 billion tons of freight every yearThe scale of the opportunity is vast. In the US alone, trucking is an $800 billion business, moving almost 11 billion tons of stuff around the country every year. Much of that traffic is on highways, avoiding the exceptionally difficult challenge facing autonomous ride-hail services: dense urban environments, which are a business necessity for ride-hailing since that's where riders are concentrated.A gaggle of autonomous-truck companies has arrived in the past half-decade (and one, Uber-owned Otto, folded in 2018). The biggest names are Daimler, which partnered with Waymo in 2020 to develop a vehicle, Tesla, and Waymo itself. Startups such as Embark and TuSimple remain at the prototyping stage. Tesla's much-anticipated Semi has brought in preorders from the likes of PepsiCo and Walmart, but the truck, revealed in 2017, hasn't yet entered production, so Waymo is arguably the front-runner at this stage. Nicole Gavel, the startup's head of business development and strategic partnerships, said a Waymo fundamental is to have options when it comes to deploying technology while not introducing so much flexibility that Waymo One and Waymo Via could lose their unified focus. The Harvard graduate and one-time hopeful for the US Olympic rowing team has an extensive background in retail, including the grocery business, The Gap, Lyft, and the Google mothership working on the shopping applications. She joined Waymo less than a year ago. "When you have autonomous, you ask, 'What are some things it can handle in a differentiated way?'" she said. "We can leverage the Waymo driver, and when you think about it from a fleet perspective, it gets really interesting." She cited smoothing out the natural peaks and valleys of freight and delivery operations as one example. The potential 24/7 nature of autonomous operations enables her to think about filling those demand gaps, creating savings from efficiency. The pitch has appealed to giants such as UPS and AutoNation, the auto parts chain that's both a Waymo client and investor. AutoNation joined a venture capitalist, Canadian supplier Magna International, and Alphabet on a $2.25 billion funding round last March. "I think we're just getting started, and there's value in having true strategic partners," Gavel said. "It's important to get feedback." For Gavel, that means getting relationships to work and work well. "You want to have that be right," she said. "It's sort of like, you don't want incremental safety, you want full safety." Alphabet is among the world's premier technology companies, so a significant part of Waymo's pitch to consumers and businesses is that it's bringing the full power of Mountain View to bear on a problem that's been described by some as harder than putting a person on the Moon. This is where Boris Sofman, head of engineering, comes in. The Carnegie-Mellon doctorate has a background in robotics and artificial intelligence, so he's literally perfecting the driver that Jatt and Gavel are working to sell to partners. (Sofman also started a company that folded shortly before he joined Waymo in 2019 to work on the R&D project that became Via.) He stressed that there's a deceptively large chasm between what looks like a great demo and producing a system like the Waymo driver that can actually move a massive tractor-trailer down a major freeway. "It's actually pretty hard to flip or roll a car," he said. "But it's surprisingly easy to jackknife a truck." He added that a wide range of different thinking is needed when you tackle the autonomous-truck problem. For example, it's one thing to prepare a Chrysler Pacifica minivan to stop itself in urban traffic, but quite another to slow an 18-wheeler on the highway. "Our mentality has been to leverage everything we can possibly leverage," he said. Along the way, some unexpected discoveries have occurred. "If you want to have a ride-hail service in San Francisco, you have to solve for the entire city," he said. "In trucking, we have a lot more control over circumstances than we might have on a surface street. On a freeway, you don't expect to see the chaos." That's led Sofman and his team to consider solving the highway first, using transfer hubs to bring freight into cities on vehicles that don't have to be autonomous. A useful analogy is to enormous, oceangoing container ships arriving at a port and then being piloted in by a local professional who knows how to navigate the channels and dock the boat without damaging it. Sofman and his team's efforts leave Jatt to propose that solution as part of a commercialization strategy — a patient commercialization strategy. "The product isn't going to be everything," he said. "It's going to be thoughtful. We get people in early and they get excited, but we're being conscientious about not overpromising. We think it will go gangbusters, and that's why we're in it, but it will be slow and gradual." As for collaborations — something that Waymonauts are accustomed to — Sofman, Jatt, and Gavel are in the early days of what they all think could be a long engagement. For the moment, the questions they ask each other are simple. "We'll eventually have a more systematic process," he said. "But right now, what I'd ask Boris is, 'Can you make the truck drive itself?' Waymo showcases its fifth-generation Waymo Driver system on a Class 8 truck. (Waymo) https://preview.redd.it/l4jrfxs83e071.png?width=650&format=png&auto=webp&s=77fa96f99eb928772076b9adf2b384eddcc4ccef |
2020.11.25 18:36 ktownskier My step-son bought a new Gladiator and that put the new car bug in my ear. I wanted something that rode higher than my 2018 Jeep Cherokee and had a bit more leg room in the passenger side.
Long story short (well somewhat anyways), we own a 2011 F150 supercab with 220K miles. The HVAC doesn't work all that well, it makes a clicking noise which typically means there is a bad modulator. It isn't a problem in the summer here in the Colorado Mountains but it is in the winters. (We will be taking it in to have it fixed soon.)
Our other car is/was a 2018 Jeep Cherokee Limited pretty well loaded. The main problem with the Cherokee is that the passenger side is a bit tight for me in the legroom. We also want to sit up a bit higher. And my damn step son showed up with a brand new Gladiator and that put the new car big in my ear.
We first thought we wanted a Jeep Wrangler but read some bad things about the JL version about the Wrangler. The JK version was the last Mercedes/Chrysler design influenced version, the JL is a Fiat/Chrysler designed one.
I had always liked the 4Runner and we loved how it rode but couldn't get over the poor mileage. Plus the one dealer we went to kept dragging us along. I told him we needed to leave in 5 minutes, at 10 minutes we got up and walked out.
Even though we already own a pickup, I have always liked the Canyon/Colorado. So, we went to look at one. We drove it and liked it but it didn't have some things we really wanted. The GM at the dealership suggested we drive an Enclave Avenir. We drove it and liked it a lot. And it had the things the Canyon didn't.
We made a deal after being there for almost 5 hours. The GM said I was approved and everything was in order. We said that we would be back the next day to pick it up as I had some medical tests to be done in the morning. (The reason we were in Denver in the first place) Plus, that would give them some time to spruce up the car a bit.
We came back the next day, about an hour earlier than our appointment, and were told that no one was there yet. The F&I manager wouldn't be there for an hour. We said okay and that we would go grab something to eat and come back. When I came back in, I overhead the F&I manager say something to someone that caught my attention. It turned out that there was an issue with the financing.
I mentioned that the GM had said I was approved last night, he said I was "kind of approved". He was working with the bank on it and that he would go over with it in a bit. We finally met with him and he went over things. The bank approved me, but at 9.99%. However, if he added on the vehicle protection package, appearance protection package, wheel and tire protection package he could use the equity in them to lower the interest rate to 5,99% but the payment was $665 for 75 months. I struggled with that for a bit but I finally signed it.
After two days, I texted the F&I manager and told him that I wasn't comfortable with the payments, the car and the whole deal and I wanted to rescind the transaction. The car just didn't fit with our lifestyle and didn't meet our needs. This was on a Saturday.
We had to come back down to Denver on Monday for some more medical tests and afterwards, we went to the dealership to turn the Buick Enclave Avenir in and take another look at GMC Canyon Denali. We said that if the numbers worked out, we could make a deal on the Canyon. We liked it and even though it didn't have some of the things we wanted, we could make it work.
Well, they asked what I wanted as a payment and I said $400 a month. It came to a little over $435 all said and done. And, we now own a GMC Canyon Denali. The deal does include the VPP, APP, Cosmetic wheep protection package and tire protection package. This is an AutoNation dealership by the way.
I want the VPP as we intend to own the Denial (our name for the Canyon) for quite awhile but the other packages are questionable. I have asked what products are used in the appearance package to protect the paint and I have never gotten an actual answer.
What I want to know is the following:
Did I do well in getting them to switch from Enclave to the Canyon?
What products are used in the appearance protection package?
Since this is a 4WD vehicle, I am thinking that the Tire protection package is not a good idea as having just one replaced would throw things off. You should have both wheels, if not all 4 wheels replaced if they are going to be more than a few 32nd's difference.
And the Cosmetic tire protection doesn't really matter since I live in the mountains and I do drive off road more than occasionally.
And, the Jeep had a lifetime extended warranty, how do I turn that in?
Thanks everyone!!
submitted by ktownskier to askcarsales [link] [comments]
Our other car is/was a 2018 Jeep Cherokee Limited pretty well loaded. The main problem with the Cherokee is that the passenger side is a bit tight for me in the legroom. We also want to sit up a bit higher. And my damn step son showed up with a brand new Gladiator and that put the new car big in my ear.
We first thought we wanted a Jeep Wrangler but read some bad things about the JL version about the Wrangler. The JK version was the last Mercedes/Chrysler design influenced version, the JL is a Fiat/Chrysler designed one.
I had always liked the 4Runner and we loved how it rode but couldn't get over the poor mileage. Plus the one dealer we went to kept dragging us along. I told him we needed to leave in 5 minutes, at 10 minutes we got up and walked out.
Even though we already own a pickup, I have always liked the Canyon/Colorado. So, we went to look at one. We drove it and liked it but it didn't have some things we really wanted. The GM at the dealership suggested we drive an Enclave Avenir. We drove it and liked it a lot. And it had the things the Canyon didn't.
We made a deal after being there for almost 5 hours. The GM said I was approved and everything was in order. We said that we would be back the next day to pick it up as I had some medical tests to be done in the morning. (The reason we were in Denver in the first place) Plus, that would give them some time to spruce up the car a bit.
We came back the next day, about an hour earlier than our appointment, and were told that no one was there yet. The F&I manager wouldn't be there for an hour. We said okay and that we would go grab something to eat and come back. When I came back in, I overhead the F&I manager say something to someone that caught my attention. It turned out that there was an issue with the financing.
I mentioned that the GM had said I was approved last night, he said I was "kind of approved". He was working with the bank on it and that he would go over with it in a bit. We finally met with him and he went over things. The bank approved me, but at 9.99%. However, if he added on the vehicle protection package, appearance protection package, wheel and tire protection package he could use the equity in them to lower the interest rate to 5,99% but the payment was $665 for 75 months. I struggled with that for a bit but I finally signed it.
After two days, I texted the F&I manager and told him that I wasn't comfortable with the payments, the car and the whole deal and I wanted to rescind the transaction. The car just didn't fit with our lifestyle and didn't meet our needs. This was on a Saturday.
We had to come back down to Denver on Monday for some more medical tests and afterwards, we went to the dealership to turn the Buick Enclave Avenir in and take another look at GMC Canyon Denali. We said that if the numbers worked out, we could make a deal on the Canyon. We liked it and even though it didn't have some of the things we wanted, we could make it work.
Well, they asked what I wanted as a payment and I said $400 a month. It came to a little over $435 all said and done. And, we now own a GMC Canyon Denali. The deal does include the VPP, APP, Cosmetic wheep protection package and tire protection package. This is an AutoNation dealership by the way.
I want the VPP as we intend to own the Denial (our name for the Canyon) for quite awhile but the other packages are questionable. I have asked what products are used in the appearance package to protect the paint and I have never gotten an actual answer.
What I want to know is the following:
Did I do well in getting them to switch from Enclave to the Canyon?
What products are used in the appearance protection package?
Since this is a 4WD vehicle, I am thinking that the Tire protection package is not a good idea as having just one replaced would throw things off. You should have both wheels, if not all 4 wheels replaced if they are going to be more than a few 32nd's difference.
And the Cosmetic tire protection doesn't really matter since I live in the mountains and I do drive off road more than occasionally.
And, the Jeep had a lifetime extended warranty, how do I turn that in?
Thanks everyone!!
2020.11.16 05:49 MSLoganSM LED Headlights problem 2014 Jeep Cherokee Trailhawk
So I ordered LASFIT 9012’s LED headlight bulbs for my 2014 Jeep Cherokee Trailhawk and my local Autonation Chrysler Jeep technician installed them. There seems to be no problem with the headlights being inoperable but the vehicle seems to reject the LED lights themselves. The car’s computer seems to reject the headlights and shuts them off after 15-20 seconds of them operating. I can switch the light selector to only headlights and they run like a dream without the vehicle in operation, but the moment I put the car into motion the “Low beam headlight out” alert comes on and the car shuts them off. Any advice? The Autonation tech and I are stumped, the LED headlight option is on in the car’s computer system.
submitted by MSLoganSM to Jeep [link] [comments]
2020.08.03 20:17 LucienDebray WSJ: Used-Car Dealers Really, Really Want to Buy Your Vehicle
Good article in the Wall Street Journal about the current state of the used car market (as many posts on this sub have already noted).
~~~~~~~~
A 10-year-old baby blue Volkswagen Beetle was the most recent impulse-buy for used-car manager Josh Levasseur.
The owner, an 88-year-old woman living at a nearby retirement home, had brought the car to the service department at the dealership where he works. Mr. Levasseur noticed the vehicle’s low mileage, and figured the owner wasn’t driving much and might be inclined to sell. They eventually settled on a price of $5,000.
“It was a vehicle that I never would have tried to find or buy before,” said Mr. Levasseur, who works at Planet Chrysler-Jeep-Dodge-Ram in Franklin, Mass. “We just needed cars to sell.”
Used-car salespeople have long wanted to know what they can do to get you into one of their models. Now they want to know what it will take to get you out of yours.
The availability of used vehicles has grown scarce in recent months as fewer people traded in vehicles or returned leases this spring due to virus-related restrictions. Many dealerships were closed or did limited business in early lockdowns, and lease extensions were a common form of Covid relief from lenders. Meanwhile, economic worries as well as a shortage of new cars due to factory closings have sent more buyers to the preowned car lot.
After a drop in April, auto retailers sold a total of 2.1 million preowned vehicles in May and June, a nearly 9% increase over the same two-month period in 2019, according to research firm J.D. Power.
Used-car stockpiles at dealerships dwindled to just under 2.2 million vehicles by late July, a roughly 22% drop from a year earlier, according to research firm Cox Automotive.
Mr. Levasseur said he has been monitoring the used-car auctions—a dealership’s main source for replenishing supplies—but other dealers are paying “astronomical” prices in frenzied bidding.
“The only reason I watch is to see how stupid someone is going to be,” he said.
The average price paid at auction for a used vehicle rebounded from $12,548 in April—its lowest point in three years—to an all time-high of $14,895 in June, according to vehicle auction operator Manheim.
George Chamoun, chief executive of ACV Auctions, a virtual used-car auction, said he has sometimes seen more than 100 dealers fighting over one vehicle. “We’re seeing the same competition over $5,000 cars as we see over $50,000 cars,” he said. “It’s really an unprecedented time.”
The most-purchased cars in the used market from June 20 to July 20 were two SUVS, the 2019 Toyota RAV4 and the 2017 Ford Escape according to Cox Automotive. The most popular preowned models tend to be driven more by supply—especially models coming out of leases—than demand.
Used sales manager Bill Gogola recently came across a batch of six 2019 and 2020 Buick Regals with low mileage in an online auction. Mr. Gogola, who used to mostly oversee sales, now dedicates up to seven hours a day scouting vehicles at virtual auctions.
He said he had to outbid his competitors more than 300 times to secure the now-discontinued Regals, which he got for about $29,000 each—and one of them still got away.
“I was pulling my hair out of my head,” Mr. Gogola said. “It was getting ridiculous.”
In late April, Tom Hemmersmeier told his staff at Jerry Seiner Dealerships in Salt Lake City, Utah, to focus on finding cars they could buy from individuals on the internet.
His sales employees typically get a bonus when they sell a vehicle. Now he is also offering a reward if they bring him a used one—$100 for more average models and up to $250 for more popular styles, such as diesel pickup trucks.
Kevin Forman of Mesa, Ariz. said he was shocked when a salesperson from a nearby Honda dealership called with an offer for his 2005 Chrysler Town & Country minivan, which he had listed online. After some negotiation, they agreed on a price of $2,200—about $1,000 better than some other offers he had gotten, he said.
“I was totally surprised, and honestly a little skeptical,” Mr. Forman said. “But it ended up going really smoothly.”
AutoNation Inc., the retailing chain that owns the Honda dealership, expanded its We’ll Buy Your Car program to all dealerships nationwide this summer to meet greater demand. Larger teams of salespeople have been hitting the phones and scanning the internet to track down cars for the used lot.
The dealership bought 6,000 used cars directly from consumers in the second quarter and expected to purchase another 3,500 preowned vehicles in July, chief executive Mike Jackson told investors late last month.
Gary Dering of Gig Harbor, Wash., wanted to buy a used 2016 Lincoln MKX, but he said he couldn’t get his local Ford dealer to budge on a $28,000 list price. He almost walked away. Then he started negotiating the price to trade in his 2009 Mercury Mariner.
“The sales guy finally came to me and said, ‘You have to tell us what we have to do,’ and I told him he’d have to throw a couple grand more on the trade-in price,” Mr. Dering said.
The dealer’s initial offer for Mr. Dering’s Mariner was $2,000. They ultimately bought it for $6,200, he said.
In Massachusetts, Mr. Levasseur, who bought the VW Beetle, has seen his inventory dwindle to 50 vehicles, from nearly 140 in April. Nothing stays on the lot for long.
By the time he got the Beetle cleaned up and priced to sell at $7,999, he said, it was a matter of days before a father picked it out for his 16-year-old daughter as a birthday present.
submitted by LucienDebray to askcarsales [link] [comments]
~~~~~~~~
A 10-year-old baby blue Volkswagen Beetle was the most recent impulse-buy for used-car manager Josh Levasseur.
The owner, an 88-year-old woman living at a nearby retirement home, had brought the car to the service department at the dealership where he works. Mr. Levasseur noticed the vehicle’s low mileage, and figured the owner wasn’t driving much and might be inclined to sell. They eventually settled on a price of $5,000.
“It was a vehicle that I never would have tried to find or buy before,” said Mr. Levasseur, who works at Planet Chrysler-Jeep-Dodge-Ram in Franklin, Mass. “We just needed cars to sell.”
Used-car salespeople have long wanted to know what they can do to get you into one of their models. Now they want to know what it will take to get you out of yours.
The availability of used vehicles has grown scarce in recent months as fewer people traded in vehicles or returned leases this spring due to virus-related restrictions. Many dealerships were closed or did limited business in early lockdowns, and lease extensions were a common form of Covid relief from lenders. Meanwhile, economic worries as well as a shortage of new cars due to factory closings have sent more buyers to the preowned car lot.
After a drop in April, auto retailers sold a total of 2.1 million preowned vehicles in May and June, a nearly 9% increase over the same two-month period in 2019, according to research firm J.D. Power.
Used-car stockpiles at dealerships dwindled to just under 2.2 million vehicles by late July, a roughly 22% drop from a year earlier, according to research firm Cox Automotive.
Mr. Levasseur said he has been monitoring the used-car auctions—a dealership’s main source for replenishing supplies—but other dealers are paying “astronomical” prices in frenzied bidding.
“The only reason I watch is to see how stupid someone is going to be,” he said.
The average price paid at auction for a used vehicle rebounded from $12,548 in April—its lowest point in three years—to an all time-high of $14,895 in June, according to vehicle auction operator Manheim.
George Chamoun, chief executive of ACV Auctions, a virtual used-car auction, said he has sometimes seen more than 100 dealers fighting over one vehicle. “We’re seeing the same competition over $5,000 cars as we see over $50,000 cars,” he said. “It’s really an unprecedented time.”
The most-purchased cars in the used market from June 20 to July 20 were two SUVS, the 2019 Toyota RAV4 and the 2017 Ford Escape according to Cox Automotive. The most popular preowned models tend to be driven more by supply—especially models coming out of leases—than demand.
Used sales manager Bill Gogola recently came across a batch of six 2019 and 2020 Buick Regals with low mileage in an online auction. Mr. Gogola, who used to mostly oversee sales, now dedicates up to seven hours a day scouting vehicles at virtual auctions.
He said he had to outbid his competitors more than 300 times to secure the now-discontinued Regals, which he got for about $29,000 each—and one of them still got away.
“I was pulling my hair out of my head,” Mr. Gogola said. “It was getting ridiculous.”
In late April, Tom Hemmersmeier told his staff at Jerry Seiner Dealerships in Salt Lake City, Utah, to focus on finding cars they could buy from individuals on the internet.
His sales employees typically get a bonus when they sell a vehicle. Now he is also offering a reward if they bring him a used one—$100 for more average models and up to $250 for more popular styles, such as diesel pickup trucks.
Kevin Forman of Mesa, Ariz. said he was shocked when a salesperson from a nearby Honda dealership called with an offer for his 2005 Chrysler Town & Country minivan, which he had listed online. After some negotiation, they agreed on a price of $2,200—about $1,000 better than some other offers he had gotten, he said.
“I was totally surprised, and honestly a little skeptical,” Mr. Forman said. “But it ended up going really smoothly.”
AutoNation Inc., the retailing chain that owns the Honda dealership, expanded its We’ll Buy Your Car program to all dealerships nationwide this summer to meet greater demand. Larger teams of salespeople have been hitting the phones and scanning the internet to track down cars for the used lot.
The dealership bought 6,000 used cars directly from consumers in the second quarter and expected to purchase another 3,500 preowned vehicles in July, chief executive Mike Jackson told investors late last month.
Gary Dering of Gig Harbor, Wash., wanted to buy a used 2016 Lincoln MKX, but he said he couldn’t get his local Ford dealer to budge on a $28,000 list price. He almost walked away. Then he started negotiating the price to trade in his 2009 Mercury Mariner.
“The sales guy finally came to me and said, ‘You have to tell us what we have to do,’ and I told him he’d have to throw a couple grand more on the trade-in price,” Mr. Dering said.
The dealer’s initial offer for Mr. Dering’s Mariner was $2,000. They ultimately bought it for $6,200, he said.
In Massachusetts, Mr. Levasseur, who bought the VW Beetle, has seen his inventory dwindle to 50 vehicles, from nearly 140 in April. Nothing stays on the lot for long.
By the time he got the Beetle cleaned up and priced to sell at $7,999, he said, it was a matter of days before a father picked it out for his 16-year-old daughter as a birthday present.
2020.01.31 18:08 Bigcat0 12 Full Time Jobs in Phoenix Hiring Now!
2020.01.31 17:57 Bigcat0 12 Full Time Jobs in Phoenix Hiring Now!
2019.04.19 04:13 danneskjold85 Dodge and Jeep dealers not matching Chrysler Capital lease rates
I'm 0/5 with five dealers honoring the lease rates on dodge.com and jeep.com (and chryslercapital.com/offers). A few years ago I looked at Challengers but three dealers each quoted me about $100/mo more than what I figured using the calculator on dodge.com. Two wouldn't quote me Chrysler Capital leases at all and only went with Ally. So I gave up. Now I'm looking at Wranglers. I expected the same problem and so far I've gotten it. One dealer quoted me $70/mo more but wouldn't give me any info/breakdown on the price, just a payment (and that was supposedly after a Costco discount). I asked him twice to tell me if that included taxes & fees and he ignored me, so I don't fucking know. The second quoted me the same payment as the other salesman but on a much better equipped 2018 model. However, he wouldn't work up numbers on the cheaper build I asked for, presumably because it wasn't in his inventory. Now I'm waiting on a salesman at an AutoNation dealer to come back with numbers tomorrow. AN has their own lease rate calculator and the same build is $50/mo++ more, so I asked him if they'd honor the CC rate.
So, assume that I've considered my region, down payment, mileage, term, model/year, pre-taxes/fees, no trade, and excellent credit. WTF am I missing?
*edited a bit
submitted by danneskjold85 to askcarsales [link] [comments]
So, assume that I've considered my region, down payment, mileage, term, model/year, pre-taxes/fees, no trade, and excellent credit. WTF am I missing?
*edited a bit
2018.11.13 20:56 walky22talky Waymo CEO Says Alphabet Unit Plans to Launch Driverless Car Service in Coming Months
AMP link to WSJ article
submitted by walky22talky to waymo [link] [comments]
LAGUNA BEACH, Calif.—The head of Alphabet Inc.’s Waymo unit said it plans to launch its first commercial self-driving car service in the next two months and expects businesses to be among its biggest customers.
Speaking at The Wall Street Journal’s WSJ Tech D.Live conference on Tuesday, Waymo’s John Krafcik said the new service will charge individual passengers for rides as well as businesses, such as Walmart Inc., who want to pay to shuttle their customers to stores. The service will initially be available to a small group of riders in the Phoenix area, but will expand to more people in the coming months, he said.
Waymo has said it plans to launch a self-driving ride service in 2018 and earlier this year announced deals to buy thousands of vehicles in coming years from Fiat Chrysler Automobiles NV and Tata Motors Inc.’s Jaguar Land Rover to expand its fleet.
The tech unit, which began as a self-driving car project under Google, has spent years and driven millions of miles to develop the technology. Last year, Waymo began testing its self-driving vans with nonemployees in Chandler, Ariz., through its so-called Early Rider program to learn how potential customers might use and interact with the service.
On Tuesday, Mr. Krafcik said one surprising part of this pilot has been the number of businesses including Walmart, Avis Budget Group Inc. and AutoNation Inc. that are willing to pay for their customers’ rides.
“This is a whole other channel of demand we really hadn’t thought deeply about that could end up being a really significant driver of business,” he said.
Alphabet CFO Ruth Porat told analysts last month that Waymo began testing price models during the third quarter through the Early Rider program. “We moved into very early days of commercialization,” she said.
Other tech companies and auto makers are rushing to develop similar technology and deploy robot taxis in a bet that the technology will reshape the landscape for personal transportation. General Motors Co.’s Cruise unit is testing a fleet of vehicles in San Francisco and has said it plans to launch a service somewhere next year. Meanwhile, federal, state and local regulators are grappling to oversee the fast-developing technology to ensure safety. A fatal crash earlier this year involving a test vehicle operated by Uber Technologies Inc. raised new questions about whether the technology is ready for deployment.
Mr. Krafcik also highlighted the progress of Waymo’s commercial trucking business, which has begun delivering freight in Atlanta. In commercial trucking, “you could anticipate a material contribution to the world from Waymo over the next couple years,” he said.
2018.01.16 14:47 bigbear0083 1/16 Tuesday's Stock Market Movers & News
Good morning traders of the stocks sub! Welcome to Tuesday! Here are your pre-market stock movers & news this morning-
Frontrunning: January 16
- GE to Take Massive Charge to Shore Up Insurance Reserves (WSJ)
- GOP Leaders Struggle to Avert Shutdown After Immigration Blow-Up (BBG)
- DACA Squabbling Imperils Ability to Avert a Shutdown (WSJ)
- Bitcoin Plunges 20% (WSJ)
- China Escalates Crackdown on Cryptocurrency Trading (BBG)
- Wall St. Braces for a Different Year of U.S. Inflation (BBG)
- Days after Hawaii alert gaffe, Japan issues false alarm about a missile launch (Reuters)
- Under Trump, the Business World Notches a Net Success (WSJ)
- Lawmakers urge AT&T to cut ties with Huawei (Reuters)
- Not just Florida: Tourism big in other states opposing coastal drilling (Reuters)
- U.S. Warned Jared Kushner on Wendi Deng Murdoch (WSJ)
- Trust in news media takes a hit during Trump presidency (AP)
- Sell the New York Times. Now (Politico)
- Battle Stations: U.S. and China Prepare for Trade Clash of the Titans (WSJ)
- Platinum Industry Faces a Crisis (WSJ)
- Saudi Aramco snubs UBS and Bank of America for listing roles (Reuters)
- Pentagon Plans New Nuclear Weapons (WSJ)
- Sweden’s Worst Housing Slump Since 2008 Is Ripe for Sanity Check (BBG
- Spotify Challenges Bankers on IPOs (WSJ)
- Five Potential Risks to the Oil Rally (WSJ)
- Uber to introduce mandatory rest breaks for UK drivers (Reuters)
STOCK FUTURES NOW:
(CLICK HERE FOR STOCK FUTURES CHARTS!)
FRIDAY'S MARKET HEAT MAP:
(CLICK HERE FOR FRIDAY'S MARKET HEAT MAP!)
FRIDAY'S S&P SECTORS:
(CLICK HERE FOR FRIDAY'S S&P SECTORS CHART!)
TODAY'S ECONOMIC CALENDAR:
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)
THIS WEEK'S ECONOMIC CALENDAR:
(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)
THIS WEEK'S IPO'S:
(CLICK HERE FOR THIS WEEK'S IPO'S!)
THIS WEEK'S EARNINGS CALENDAR:
($BAC $C $UNH $IBM $GS $FAST $FRC $CMA $OZRK $MS $SLB $ASML $INFO $AA $USB $CSX $JBHT $AXP $MBWM $KEY $TSM $BK $IBKR$SCHW $STI $PPG $BBT $HOMB $MTB $SYF $FHN $PNFP $KSU $WNS $RF $CBSH $SASR $CFG $GATX)(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
()([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())
N/A.EARNINGS RELEASES BEFORE THE OPEN TODAY:
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)
EARNINGS RELEASES AFTER THE CLOSE TODAY:
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:
(CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)
THIS MORNING'S INSIDER TRADING FILINGS:
(CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)
TODAY'S DIVIDEND CALENDAR:
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:
- GE
- BTC.X
- ETH.X
- C
- NEO.X
- XNET
- DGAZ
- IZEA
THIS MORNING'S STOCK NEWS MOVERS:
(source: cnbc.com)
General Electric – GE is taking a $6.2 billion charge following a comprehensive review of its legacy reinsurance business. About $15 billion will be contributed to reserves over the next seven years, funded by GE Capital. As a results, GE Capital will eliminate the dividend that it pays to GE for the foreseeable future.
STOCK SYMBOL: GE
(CLICK HERE FOR LIVE STOCK QUOTE!)
UnitedHealth Group – The health insurer reported adjusted quarterly profit of $2.59 per share, 8 cents a share above estimates. Revenue beat forecasts, and the company also raised its full-year forecast due to benefits from the new tax law.
STOCK SYMBOL: UNH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Procter & Gamble – Goldman Sachs upgraded the stock to "neutral" from "sell," as it no longer sees a material downside to earnings. Goldman continues to have concerns over P&G's long-term growth prospects, however.
STOCK SYMBOL: PG
(CLICK HERE FOR LIVE STOCK QUOTE!)
Autonation – The automotive retailer said it would see a one-time benefit of 45 cents per share for the fourth quarter, thanks to the new tax law. It also sees a full-year 2018 benefit of 80 cents to $1.10 per share.
STOCK SYMBOL: AN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Walt Disney — Facebook Chief Operating Officer Sheryl Sandberg and Twitter CEO Jack Dorsey will not seek re-election to the Disney board. Disney said the two are standing down due to growing conflicts of interest.
STOCK SYMBOL: DIS
(CLICK HERE FOR LIVE STOCK QUOTE!)
CBS, Viacom — Controlling shareholder Shari Redstone is reportedly seeking a merger between CBS and Viacom. The two are not said to be in active discussions about such a combination.
STOCK SYMBOL: CBS
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: VIAB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wal-Mart – Wal-Mart is planning to cut about 1,000 jobs primarily at its corporate headquarters, according to The Wall Street Journal. The cuts are expected to be completed by January 31, the last day of the retailer's fiscal year.
STOCK SYMBOL: WMT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple — CEO Tim Cook has received a letter from four House Republicans, seeking more information about the company's recent disclosure about slowing down older iPhones to prevent shutdowns.
STOCK SYMBOL: AAPL
(CLICK HERE FOR LIVE STOCK QUOTE!)
McDonald's – McDonald's is switching to environmentally friendly packaging and offering recycling options at its restaurants. The company has set a goal of getting 100 percent of its packaging from renewable or recycled sources by 2025.
STOCK SYMBOL: MCD
(CLICK HERE FOR LIVE STOCK QUOTE!)
AT&T – AT&T is being pressured to cut all ties with China phone maker Huawei Technologies and to oppose China Mobile's plans to enter the U.S. market, because of national security concerns, according to Reuters quoting two congressional aides.
STOCK SYMBOL: T
(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing – The jetmaker was beaten out by European rival Airbus for 2017 orders, thanks to a surge of deals in the year's closing weeks. Airbus sold 1,109 jets in 2017, compared to 912 for its U.S. rival.
STOCK SYMBOL: BA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Citigroup – Citi is planning to raise pay for women and minorities in the U.S. to help bridge pay gaps.
STOCK SYMBOL: C
(CLICK HERE FOR LIVE STOCK QUOTE!)
BlackBerry – BlackBerry has launched new cybersecurity software called "BlackBerry Jarvis," designed to identify vulnerabilities in self-driving car programs.
STOCK SYMBOL: BB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Fiat Chrysler — Chief Executive Officer Sergio Marchionne said he has no plans to either break up the automaker or sell individual brands.
STOCK SYMBOL: FCAU
(CLICK HERE FOR LIVE STOCK QUOTE!)
21st Century Fox – Fox was upgraded to "buy" from "neutral" at B.Riley/FBR due to the pending sale of various assets to Walt Disney.
STOCK SYMBOL: FOXA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Eli Lilly – Lilly was downgraded to "neutral" from "buy" at Goldman Sachs, which sees potential headwinds in the drug maker's diabetes business.
STOCK SYMBOL: LLY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Hershey – Hershey was cut to "sell" from "neutral" at Goldman, which points to competitive pressures for Hershey's chocolate business.
STOCK SYMBOL: HSY
(CLICK HERE FOR LIVE STOCK QUOTE!)
DISCUSS!
What is on everyone's radar for today's trading day ahead here at stocks?I hope you all have an excellent trading day ahead today on this Tuesday, January 16th, 2018! :)
2018.01.16 14:45 bigbear0083 1/16 Tuesday's Stock Market Movers & News
Good morning traders of the StockMarket sub! Welcome to Tuesday! Here are your pre-market stock movers & news this morning-
(CLICK HERE TO VIEW THE FULL SOURCE!)
Frontrunning: January 16
- GE to Take Massive Charge to Shore Up Insurance Reserves (WSJ)
- GOP Leaders Struggle to Avert Shutdown After Immigration Blow-Up (BBG)
- DACA Squabbling Imperils Ability to Avert a Shutdown (WSJ)
- Bitcoin Plunges 20% (WSJ)
- China Escalates Crackdown on Cryptocurrency Trading (BBG)
- Wall St. Braces for a Different Year of U.S. Inflation (BBG)
- Days after Hawaii alert gaffe, Japan issues false alarm about a missile launch (Reuters)
- Under Trump, the Business World Notches a Net Success (WSJ)
- Lawmakers urge AT&T to cut ties with Huawei (Reuters)
- Not just Florida: Tourism big in other states opposing coastal drilling (Reuters)
- U.S. Warned Jared Kushner on Wendi Deng Murdoch (WSJ)
- Trust in news media takes a hit during Trump presidency (AP)
- Sell the New York Times. Now (Politico)
- Battle Stations: U.S. and China Prepare for Trade Clash of the Titans (WSJ)
- Platinum Industry Faces a Crisis (WSJ)
- Saudi Aramco snubs UBS and Bank of America for listing roles (Reuters)
- Pentagon Plans New Nuclear Weapons (WSJ)
- Sweden’s Worst Housing Slump Since 2008 Is Ripe for Sanity Check (BBG
- Spotify Challenges Bankers on IPOs (WSJ)
- Five Potential Risks to the Oil Rally (WSJ)
- Uber to introduce mandatory rest breaks for UK drivers (Reuters)
STOCK FUTURES NOW:
(CLICK HERE FOR STOCK FUTURES CHARTS!)
FRIDAY'S MARKET HEAT MAP:
(CLICK HERE FOR FRIDAY'S MARKET HEAT MAP!)
FRIDAY'S S&P SECTORS:
(CLICK HERE FOR FRIDAY'S S&P SECTORS CHART!)
TODAY'S ECONOMIC CALENDAR:
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)
THIS WEEK'S ECONOMIC CALENDAR:
(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)
THIS WEEK'S IPO'S:
(CLICK HERE FOR THIS WEEK'S IPO'S!)
THIS WEEK'S EARNINGS CALENDAR:
($BAC $C $UNH $IBM $GS $FAST $FRC $CMA $OZRK $MS $SLB $ASML $INFO $AA $USB $CSX $JBHT $AXP $MBWM $KEY $TSM $BK $IBKR$SCHW $STI $PPG $BBT $HOMB $MTB $SYF $FHN $PNFP $KSU $WNS $RF $CBSH $SASR $CFG $GATX)(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
()([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())
N/A.EARNINGS RELEASES BEFORE THE OPEN TODAY:
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)
EARNINGS RELEASES AFTER THE CLOSE TODAY:
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:
(CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)
THIS MORNING'S INSIDER TRADING FILINGS:
(CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)
TODAY'S DIVIDEND CALENDAR:
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:
- GE
- BTC.X
- ETH.X
- C
- NEO.X
- XNET
- DGAZ
- IZEA
THIS MORNING'S STOCK NEWS MOVERS:
(source: cnbc.com)
General Electric – GE is taking a $6.2 billion charge following a comprehensive review of its legacy reinsurance business. About $15 billion will be contributed to reserves over the next seven years, funded by GE Capital. As a results, GE Capital will eliminate the dividend that it pays to GE for the foreseeable future.
STOCK SYMBOL: GE
(CLICK HERE FOR LIVE STOCK QUOTE!)
UnitedHealth Group – The health insurer reported adjusted quarterly profit of $2.59 per share, 8 cents a share above estimates. Revenue beat forecasts, and the company also raised its full-year forecast due to benefits from the new tax law.
STOCK SYMBOL: UNH
(CLICK HERE FOR LIVE STOCK QUOTE!)
Procter & Gamble – Goldman Sachs upgraded the stock to "neutral" from "sell," as it no longer sees a material downside to earnings. Goldman continues to have concerns over P&G's long-term growth prospects, however.
STOCK SYMBOL: PG
(CLICK HERE FOR LIVE STOCK QUOTE!)
Autonation – The automotive retailer said it would see a one-time benefit of 45 cents per share for the fourth quarter, thanks to the new tax law. It also sees a full-year 2018 benefit of 80 cents to $1.10 per share.
STOCK SYMBOL: AN
(CLICK HERE FOR LIVE STOCK QUOTE!)
Walt Disney — Facebook Chief Operating Officer Sheryl Sandberg and Twitter CEO Jack Dorsey will not seek re-election to the Disney board. Disney said the two are standing down due to growing conflicts of interest.
STOCK SYMBOL: DIS
(CLICK HERE FOR LIVE STOCK QUOTE!)
CBS, Viacom — Controlling shareholder Shari Redstone is reportedly seeking a merger between CBS and Viacom. The two are not said to be in active discussions about such a combination.
STOCK SYMBOL: CBS
(CLICK HERE FOR LIVE STOCK QUOTE!)
STOCK SYMBOL: VIAB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Wal-Mart – Wal-Mart is planning to cut about 1,000 jobs primarily at its corporate headquarters, according to The Wall Street Journal. The cuts are expected to be completed by January 31, the last day of the retailer's fiscal year.
STOCK SYMBOL: WMT
(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple — CEO Tim Cook has received a letter from four House Republicans, seeking more information about the company's recent disclosure about slowing down older iPhones to prevent shutdowns.
STOCK SYMBOL: AAPL
(CLICK HERE FOR LIVE STOCK QUOTE!)
McDonald's – McDonald's is switching to environmentally friendly packaging and offering recycling options at its restaurants. The company has set a goal of getting 100 percent of its packaging from renewable or recycled sources by 2025.
STOCK SYMBOL: MCD
(CLICK HERE FOR LIVE STOCK QUOTE!)
AT&T – AT&T is being pressured to cut all ties with China phone maker Huawei Technologies and to oppose China Mobile's plans to enter the U.S. market, because of national security concerns, according to Reuters quoting two congressional aides.
STOCK SYMBOL: T
(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing – The jetmaker was beaten out by European rival Airbus for 2017 orders, thanks to a surge of deals in the year's closing weeks. Airbus sold 1,109 jets in 2017, compared to 912 for its U.S. rival.
STOCK SYMBOL: BA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Citigroup – Citi is planning to raise pay for women and minorities in the U.S. to help bridge pay gaps.
STOCK SYMBOL: C
(CLICK HERE FOR LIVE STOCK QUOTE!)
BlackBerry – BlackBerry has launched new cybersecurity software called "BlackBerry Jarvis," designed to identify vulnerabilities in self-driving car programs.
STOCK SYMBOL: BB
(CLICK HERE FOR LIVE STOCK QUOTE!)
Fiat Chrysler — Chief Executive Officer Sergio Marchionne said he has no plans to either break up the automaker or sell individual brands.
STOCK SYMBOL: FCAU
(CLICK HERE FOR LIVE STOCK QUOTE!)
21st Century Fox – Fox was upgraded to "buy" from "neutral" at B.Riley/FBR due to the pending sale of various assets to Walt Disney.
STOCK SYMBOL: FOXA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Eli Lilly – Lilly was downgraded to "neutral" from "buy" at Goldman Sachs, which sees potential headwinds in the drug maker's diabetes business.
STOCK SYMBOL: LLY
(CLICK HERE FOR LIVE STOCK QUOTE!)
Hershey – Hershey was cut to "sell" from "neutral" at Goldman, which points to competitive pressures for Hershey's chocolate business.
STOCK SYMBOL: HSY
(CLICK HERE FOR LIVE STOCK QUOTE!)
FULL DISCLOSURE:
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.
DISCUSS!
What is on everyone's radar for today's trading day ahead here at StockMarket?I hope you all have an excellent trading day ahead today on this Tuesday, January 16th, 2018! :)
2017.11.03 16:18 walky22talky Interesting Q&A with AutoNation CEO about Waymo from their earning call yesterday
David Tamberrino - Goldman Sachs Mike, how do you think about the revenue opportunity and margin profile per vehicle in this Waymo deal?
Mike Jackson - AutoNation, Inc. So we want to be at the absolute intersection of autonomy, sharing, and electrification. What is electrification have to do with it? Well, to run the autonomous systems, the vehicle cannot be on a standard electrical system in a car. So these are hybrid vehicles from Chrysler and the level of electrification will change increasingly going forward.
So here, you have, in my view, an intersection of electrification, sharing, and autonomous, with a company that has been working on it for six, seven years and we've been there, as I said, from the beginning. So I like the idea of partnering with Waymo from the beginning that we can really each understand the optimal line of what we do and what they do to ensure the maximum utilization and lifecycle of these vehicles.
Obviously, they are in test market in Phoenix, some other activities in California. So to me, the level of revenue generated and the level of gross profit generated will not be material, because we're in the infancy. However, when all questions are resolved in a constructive way, to move forward, then, we will move forward with them. And I think if we play it out, we're here involved on the ground floor with the leader on the future of electrification, sharing and autonomous. And we're going to have a tremendous added value and really partner with Waymo to see that.
So if I think about this in 5 to 10 years' time, I think this is a very important relationship for AutoNation and its future, and we are committed to it as they are. I wouldn't increase next quarter's EPS.
David Tamberrino - Goldman Sachs Yes. And that's not what I'm obviously suggesting or thinking about. I'm just trying to understand if I think about your traditional Parts and Service business, it's a 50% margin.
Mike Jackson – AutoNation Yes.
David Tamberrino - Goldman Sachs If I try to think about typical Parts and Service revenue, I mean is that the right way to go about it? And does that change at all after Waymo moves from development to deployment?
Mike Jackson – AutoNation Yes. All that. So let's say we're in the development phase here, and I'm looking to cover my cost and position our sales for gross (40:50) together. Now, I don't determine the growth rate. That's really up to Waymo, but they certainly haven't made this investment over the past six years to just be in a few markets, and when everything is validated, this works everywhere in the United States.
So I think when I look at Waymo and Google as a company, I say, okay, here's a company that has huge resources. It has two founders who are committed to the principle that there is a way to comfortably move people from point A to point B safer than what's done today and thereby save lives, and they've committed this as part of their legacy to do. And they're executing it in a very disciplined, thoughtful, long-term way. So this isn't a company – and massive problems have been solved.
So I don't want to put an exact percentage. That's not for me to say, but massive problems have been solved and sorted out. So they are on the cusp of taking other steps, but that's for them to say. So I look at this and say I want to be part of it, and I want AutoNation to be part of it, because our principles are in alignment.
Our brand is Drive Pink and Drive Safe, and we mean it. So now, we have Ride Safe, you add that too. So that's what's behind it, and I think companies – when I look at, again, the future of mobility will revolve around to a certain extent sharing, electrification and autonomous. We think we can play a vital role in that, and in my view, Waymo is the company I want to do that with.
David Tamberrino - Goldman Sachs Completely understood. As I think about the relationship evolving, do you think at some point in time down the line that you'd help them from an asset ownership perspective where you would own the vehicles and rent them out to Waymo? Or is it just strictly the maintenance side and the service piece of it?
Mike Jackson – AutoNation All of that is to be discussed. I'm not saying what's on the table, what's off the table. This is a strategic partnership. John and I go back 15 years. I think he's the right man for this to lead Waymo and the ambitions that it has and what it wants to realize, as it's now actively in the marketplace with consumers, we have tremendous understanding of consumer behavior and of the technical aspects around the optimization of the fleet's lifecycle. And we will find that optimal line that is of great value to them and rewarding to us. I'm sure of it.
I just don't have all the answers today, but I know we don't join hands and start walking down the road together, you'll never find it. So it's a true sense of committed partnership and I'm excited by the prospects even though if you want to push me on numbers that's somewhat over the horizon.
James J. Albertine - Consumer Edge Research Just a point of clarification, apologies if I missed this in your prepared remarks or in the release. I didn't see it in there. Is there an element of exclusivity with respect to your Waymo partnership? I recall that others have perhaps announced similar partnerships, but I want to understand how this might be differentiated from those that we'd heard in the past.
Mike Jackson - AutoNation No, there's no exclusivity. We have to earn our way, every step of the way. But I'm optimistic. If I look at the win-win benefits on both sides and unique capabilities that we bring and Waymo's unique leadership position, I think this is a partnership that will work. But it will all have to be earned. You have to earn your way in life. I did not ask for exclusivity nor was it offered.
Chris Bottiglieri - Wolfe Research And then, as it relates to Waymo, think about national scale, I know we're probably a decade away, but – or depending how the rollout is, but how do you think about your store growth in the future, like, in relation to this Waymo initiative?
Mike Jackson - AutoNation So on Waymo, and I don't want to speak for them, but I'll just see what I observed. They've obviously launched operations in sunny climates. I think that makes eminent sense since obviously inclement climate raises complicating issues that need further work.
AutoNation's footprint is extremely strong in a sunbelt climate, all the way from Florida to California. So I think we're well-positioned or well into the foreseeable future, to grow together. Obviously, we will have internal discussions with Waymo as to what their launch plans are on various markets. That will be confidential information, not for me to say, but we will be prepared whenever they come to a market to provide the care that those vehicles will need in those markets.
We are committed for this partnership long-term, to make it win-win, good for them, good for us. I think we bring unique capabilities, I think they're a unique leader. I think this is something that we'll develop, but for the foreseeable future, the issue you raised, in my observed opinion, is not an issue.
Bret Jordan - Jefferies On the Waymo, is there much of an investment as far as tooling or talent? Obviously, LiDAR is not something most dealerships have a whole lot of exposure to right now. Or is this really sort of are they going to provide you with sort of the backend, the help on technology and tooling to get you up to speed in this category?
Mike Jackson - AutoNation So we have tremendous technical expertise and we have the ability to learn any new systems quickly. And so, we are willing to go through an investment period with Waymo to set the stage for future growth. Obviously, they're in an investment period. We'll be in an investment period. And this is my call.
I think Waymo is the leader. I think they have absolutely the right concept of how to do this. They have the discipline to do it the right way for the long-term and I think that just in the partnership they'll grow and we will determine exactly who does what as the relationship develops.
Brian C. Sponheimer - Gabelli Going to the Waymo partnership, can you talk about just the genesis of how talks began and really where this all started?
Mike Jackson - AutoNation So I visited Waymo six years ago when it was GoogleX. I was probably one of the first industry people in the door, and had – spent a day debating and discussing their approach to autonomous and had one of their earliest vehicles going down the 101.
And I've been going there ever since on – every year or 18 months, and I developed a deep admiration for the rigor and discipline of thought and principle; they had the whole approach to autonomy where you have to under-promise and over-deliver rather than over-promise and under-deliver when it comes to autonomy and safety.
And in there, there was an epiphany which I confirmed from my own experience and my understanding of customers that this idea that you can have an autonomous system that someone – the driver has to supervise and be prepared to intervene at any moment doesn't really work. It's almost against human nature that you have to pay strict attention and be prepared to intervene. So they said they don't need 99.9% perfection, they need 100% perfection, which means you need redundancy, duplication and sophistication.
So then, my friend John Krafcik became CEO and he and I had a running discussion that, obviously, these are some of the most sophisticated vehicles on the road and for – to realize the value of the investment in a vehicle, they need to perform at a high level for literally hundreds of thousands of miles. And we both agreed that AutoNation was uniquely positioned to provide those capabilities, both with our scale and our expertise.
Also, with – now, you combine our Parts initiative with our discussions with Waymo, of course, it had to be done cost-effectively and this was a – with this in mind was another reason for the brand extension particularly in Parts.
So you put that together and you now have a strategic partnership to realize this vision of a shared vehicle that is operating autonomously, but at the highest levels of safety, and we think we have significant value. And I believe Waymo is the leader in this ambition to have a shared autonomous vehicle operate on a commercial basis with customers in the marketplace.
So it's the beginning of the journey. As they add markets and as they add brands, because we can manage any brand, we've the technical expertise to do it, we will grow together.
submitted by walky22talky to SelfDrivingCars [link] [comments]
Mike Jackson - AutoNation, Inc. So we want to be at the absolute intersection of autonomy, sharing, and electrification. What is electrification have to do with it? Well, to run the autonomous systems, the vehicle cannot be on a standard electrical system in a car. So these are hybrid vehicles from Chrysler and the level of electrification will change increasingly going forward.
So here, you have, in my view, an intersection of electrification, sharing, and autonomous, with a company that has been working on it for six, seven years and we've been there, as I said, from the beginning. So I like the idea of partnering with Waymo from the beginning that we can really each understand the optimal line of what we do and what they do to ensure the maximum utilization and lifecycle of these vehicles.
Obviously, they are in test market in Phoenix, some other activities in California. So to me, the level of revenue generated and the level of gross profit generated will not be material, because we're in the infancy. However, when all questions are resolved in a constructive way, to move forward, then, we will move forward with them. And I think if we play it out, we're here involved on the ground floor with the leader on the future of electrification, sharing and autonomous. And we're going to have a tremendous added value and really partner with Waymo to see that.
So if I think about this in 5 to 10 years' time, I think this is a very important relationship for AutoNation and its future, and we are committed to it as they are. I wouldn't increase next quarter's EPS.
David Tamberrino - Goldman Sachs Yes. And that's not what I'm obviously suggesting or thinking about. I'm just trying to understand if I think about your traditional Parts and Service business, it's a 50% margin.
Mike Jackson – AutoNation Yes.
David Tamberrino - Goldman Sachs If I try to think about typical Parts and Service revenue, I mean is that the right way to go about it? And does that change at all after Waymo moves from development to deployment?
Mike Jackson – AutoNation Yes. All that. So let's say we're in the development phase here, and I'm looking to cover my cost and position our sales for gross (40:50) together. Now, I don't determine the growth rate. That's really up to Waymo, but they certainly haven't made this investment over the past six years to just be in a few markets, and when everything is validated, this works everywhere in the United States.
So I think when I look at Waymo and Google as a company, I say, okay, here's a company that has huge resources. It has two founders who are committed to the principle that there is a way to comfortably move people from point A to point B safer than what's done today and thereby save lives, and they've committed this as part of their legacy to do. And they're executing it in a very disciplined, thoughtful, long-term way. So this isn't a company – and massive problems have been solved.
So I don't want to put an exact percentage. That's not for me to say, but massive problems have been solved and sorted out. So they are on the cusp of taking other steps, but that's for them to say. So I look at this and say I want to be part of it, and I want AutoNation to be part of it, because our principles are in alignment.
Our brand is Drive Pink and Drive Safe, and we mean it. So now, we have Ride Safe, you add that too. So that's what's behind it, and I think companies – when I look at, again, the future of mobility will revolve around to a certain extent sharing, electrification and autonomous. We think we can play a vital role in that, and in my view, Waymo is the company I want to do that with.
David Tamberrino - Goldman Sachs Completely understood. As I think about the relationship evolving, do you think at some point in time down the line that you'd help them from an asset ownership perspective where you would own the vehicles and rent them out to Waymo? Or is it just strictly the maintenance side and the service piece of it?
Mike Jackson – AutoNation All of that is to be discussed. I'm not saying what's on the table, what's off the table. This is a strategic partnership. John and I go back 15 years. I think he's the right man for this to lead Waymo and the ambitions that it has and what it wants to realize, as it's now actively in the marketplace with consumers, we have tremendous understanding of consumer behavior and of the technical aspects around the optimization of the fleet's lifecycle. And we will find that optimal line that is of great value to them and rewarding to us. I'm sure of it.
I just don't have all the answers today, but I know we don't join hands and start walking down the road together, you'll never find it. So it's a true sense of committed partnership and I'm excited by the prospects even though if you want to push me on numbers that's somewhat over the horizon.
James J. Albertine - Consumer Edge Research Just a point of clarification, apologies if I missed this in your prepared remarks or in the release. I didn't see it in there. Is there an element of exclusivity with respect to your Waymo partnership? I recall that others have perhaps announced similar partnerships, but I want to understand how this might be differentiated from those that we'd heard in the past.
Mike Jackson - AutoNation No, there's no exclusivity. We have to earn our way, every step of the way. But I'm optimistic. If I look at the win-win benefits on both sides and unique capabilities that we bring and Waymo's unique leadership position, I think this is a partnership that will work. But it will all have to be earned. You have to earn your way in life. I did not ask for exclusivity nor was it offered.
Chris Bottiglieri - Wolfe Research And then, as it relates to Waymo, think about national scale, I know we're probably a decade away, but – or depending how the rollout is, but how do you think about your store growth in the future, like, in relation to this Waymo initiative?
Mike Jackson - AutoNation So on Waymo, and I don't want to speak for them, but I'll just see what I observed. They've obviously launched operations in sunny climates. I think that makes eminent sense since obviously inclement climate raises complicating issues that need further work.
AutoNation's footprint is extremely strong in a sunbelt climate, all the way from Florida to California. So I think we're well-positioned or well into the foreseeable future, to grow together. Obviously, we will have internal discussions with Waymo as to what their launch plans are on various markets. That will be confidential information, not for me to say, but we will be prepared whenever they come to a market to provide the care that those vehicles will need in those markets.
We are committed for this partnership long-term, to make it win-win, good for them, good for us. I think we bring unique capabilities, I think they're a unique leader. I think this is something that we'll develop, but for the foreseeable future, the issue you raised, in my observed opinion, is not an issue.
Bret Jordan - Jefferies On the Waymo, is there much of an investment as far as tooling or talent? Obviously, LiDAR is not something most dealerships have a whole lot of exposure to right now. Or is this really sort of are they going to provide you with sort of the backend, the help on technology and tooling to get you up to speed in this category?
Mike Jackson - AutoNation So we have tremendous technical expertise and we have the ability to learn any new systems quickly. And so, we are willing to go through an investment period with Waymo to set the stage for future growth. Obviously, they're in an investment period. We'll be in an investment period. And this is my call.
I think Waymo is the leader. I think they have absolutely the right concept of how to do this. They have the discipline to do it the right way for the long-term and I think that just in the partnership they'll grow and we will determine exactly who does what as the relationship develops.
Brian C. Sponheimer - Gabelli Going to the Waymo partnership, can you talk about just the genesis of how talks began and really where this all started?
Mike Jackson - AutoNation So I visited Waymo six years ago when it was GoogleX. I was probably one of the first industry people in the door, and had – spent a day debating and discussing their approach to autonomous and had one of their earliest vehicles going down the 101.
And I've been going there ever since on – every year or 18 months, and I developed a deep admiration for the rigor and discipline of thought and principle; they had the whole approach to autonomy where you have to under-promise and over-deliver rather than over-promise and under-deliver when it comes to autonomy and safety.
And in there, there was an epiphany which I confirmed from my own experience and my understanding of customers that this idea that you can have an autonomous system that someone – the driver has to supervise and be prepared to intervene at any moment doesn't really work. It's almost against human nature that you have to pay strict attention and be prepared to intervene. So they said they don't need 99.9% perfection, they need 100% perfection, which means you need redundancy, duplication and sophistication.
So then, my friend John Krafcik became CEO and he and I had a running discussion that, obviously, these are some of the most sophisticated vehicles on the road and for – to realize the value of the investment in a vehicle, they need to perform at a high level for literally hundreds of thousands of miles. And we both agreed that AutoNation was uniquely positioned to provide those capabilities, both with our scale and our expertise.
Also, with – now, you combine our Parts initiative with our discussions with Waymo, of course, it had to be done cost-effectively and this was a – with this in mind was another reason for the brand extension particularly in Parts.
So you put that together and you now have a strategic partnership to realize this vision of a shared vehicle that is operating autonomously, but at the highest levels of safety, and we think we have significant value. And I believe Waymo is the leader in this ambition to have a shared autonomous vehicle operate on a commercial basis with customers in the marketplace.
So it's the beginning of the journey. As they add markets and as they add brands, because we can manage any brand, we've the technical expertise to do it, we will grow together.
2015.01.30 03:13 Vilkata Should I expect a bait and switch?
I've been looking at getting a new truck recently and stumbled across this today:
http://www.autonation.com/phoenix-tucson/chrysler-dodge-jeep/phoenix/new/2014/ram/1500/express/1C6RR6KT9ES146942#/overview
The price with incentives seems way too good to be true. I asked for details on the incentives and got a wishy washy "There are nearly 10,000 in incentives" reply back. Is the price so low just because it's a prior year model with not very many bells and whistles, or is this going to be a tactic to get someone in to then upsell a newer or more expensive model?
submitted by Vilkata to askcarsales [link] [comments]
http://www.autonation.com/phoenix-tucson/chrysler-dodge-jeep/phoenix/new/2014/ram/1500/express/1C6RR6KT9ES146942#/overview
The price with incentives seems way too good to be true. I asked for details on the incentives and got a wishy washy "There are nearly 10,000 in incentives" reply back. Is the price so low just because it's a prior year model with not very many bells and whistles, or is this going to be a tactic to get someone in to then upsell a newer or more expensive model?