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

SMART Comp. to Install Fiber-to-the-Home Optical Infrastructure in 6,600 Brno Homes with Cisco Technology

FTTH Network Provides High-Speed Internet, IPTV and VoIP Telephony in One. more »

Security guards trapped inside cash machine in Erdington

FIRE crews came to the rescue of two security guards who were trapped inside a cash machine for nearly two hours. more »

Wincor Nixdorf names new U.S. CEO

Wincor Nixdorf International has named Patrick Wright its new chief executive officer for the U.S. division. more »

Motorola and Deutsche Telekom Collaborate on IPTV

Deutsche Telekom selects Motorola’s IPTV set-tops for T-Home Entertain Services; users to receive compelling, rich media experiences. more »

Microsoft Unveils Its First Windows Embedded R&D Center in Europe

New regional development center in Germany is part of $75 million global investment by Windows Embedded Business. more »

Cisco Executive Promises Wave of Change at Meeting of Portuguese National Association for the Development of Telecommunications

Diogo Vasconcelos, the newly elected President of the Portuguese National Association for the Development of Telecommunications (APDC), has promised to transform the organisation's role in driving forward the country's digital agenda. more »

Microsoft Working to Make Political Conventions Unconventional

Microsoft is helping transform the upcoming Democratic and Republican national conventions into the most technologically advanced and inclusive conventions ever held. more »

Real-time fraud alerts notify Visa cardholders of ID theft

Visa and leading North American financial institutions have agreed to launch a pilot with up to 2,000 participants to test the delivery of real-time notification alerts on Visa accounts. more »

Wincor Nixdorf to provide ATMs to Australia's Banktech

Wincor Nixdorf International has secured a deal to provide ATMs to Banktech, an independent ATM provider in Australia. more »

Branch, ATM security moves toward more holistic solutions

Financial breaches and identity theft cases seem to be in the headlines on an almost regular basis. Just last month, hackers broke into a Citibank-branded ATM network and stole millions. more »