Ford and Toyota Test the Sale of Cars Online in Canada

Published: 30 June 2000 y., Friday
The Canadian subsidiaries of Ford Motor and Toyota Motor have established test Web sites to let consumers in three regions of the country log onto the Internet to buy vehicles -- tests that could foreshadow the parent companies' global strategies. Though all automakers maintain Web pages for product and other information, car buyers in Canada can use the Toyota site to compare competitive brands, pick the model and options they want, get a price for their trade-in vehicle, arrange financing and place an order through a participating dealer. Although car manufacturers are venturing into Internet sales slowly, the idea is nothing new. E-commerce car-dealer specialists like CarsDirect.com and carOrder.com have expanded quickly in the United States, and cars4u.com is about to begin operations in Canada. Online sales of new and used cars in the United States amounted to $19 billion last year, about 3 percent of the total market, according to Gomez Advisors, a research firm in Lincoln, Mass. But it says that by 2002, Internet auto purchases will exceed $140 billion annually, almost a 20 percent share.
Šaltinis: NY Times
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

Online gambling - a roll of the unregulated dice?

A number of MEPs urged Internal Market Commissioner Michel Barnier to come up with common rules to regulate cross border online gambling in Europe. more »

A safer and more social internet? (910)

Think before you post as once you do it is online forever. That was the message on Safer Internet Day marked on 9 February by a seminar in the European Parliament. more »

European Commission calls on social networking companies to improve child safety policies

50% of European teenagers give out personal information on the web – according to an EU study – which can remain online forever and can be seen by anybody. more »

ICSA Labs Is First Security-Product Testing Organization to Earn Key Accreditation

ICSA Labs, an independent division of Verizon Business, is the first independent security-product testing and certification laboratory to earn ISO/IEC 17025 accreditation, validating the laboratory's world-class capabilities. more »

“.eu” internet domain now available in all EU languages

From today, European citizens, businesses and organisations can register .eu website names using characters from all 23 official languages of the European Union. more »

70% of ringtone-scam websites corrected or closed following EU probe

Authorities investigated 301 mobile phone services websites in follow-up to EU crackdown on misleading consumer practices. more »

Telecoms Package: internet access safeguarded

After nearly 2 years of legislative work the Telecom Package is due to be put to a final vote in Parliament on 24 November in Strasbourg. more »

Hackers indicted in $9.4 million ATM heist

The Christian Science Monitor reports that three men have been named as being the masterminds behind the hacking of RBS WorldPay, a subsidiary of the Royal Bank of Scotland. more »

BAI RD: Industry consultant says ATMs remain critical for FIs

BAI’s Banking Strategies Insights reports that banks must get serious about improving their ATMs, especially in the area of envelope-free deposit. more »