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

Expensive broadband hampers penetration

The Poland Ministry of Infrastructure's target to increase by 350 percent the number of broadband Internet users by 2006 more »

search.lt news

search.lt presents newest links more »

Nokia secures mobile network deal in Iraq

Nokia has secured a deal for the setting up of a GSM mobile telephone network in the south of Iraq more »

Pornographer to sell Whitehouse Web site

Owner worried about negative impact on young son more »

search.lt news

search.lt presents newest links more »

Pentium PC Vendors Face Chip Patent Suit

While Linux lawsuits gobble up the IT community's mindshare, a lesser-known legal action is being fought seeking billions of dollars from five PC vendors more »

UK police seek web porn crackdown

UK police are contacting other forces worldwide in an attempt to close down websites with sexually violent content more »

Bush Earmarks $60B for IT

The Bush administration's proposed $60 billion IT spending plan for 2005 looks to deliver a "service-centered" government more »

Secure Cash Out Procedure

New security solution prevents unauthorized withdrawals more »

A jointly developed standard interfaces

GfK consumer panel data to be available to CMplus users via standard interface more »