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

Microsoft Corp. on Monday capitulated to customer pressure

Microsoft Bows to Pressure, Extends Support for Older Windows Versions more »

Gates Unveils Innovative New Products and Services at CES

In his keynote address at the 2004 International Consumer Electronics Show (CES), Microsoft Corp. Chairman and Chief Software Architect Bill Gates expanded on the company's vision for "seamless computing" more »

2004 to be year of the 'superworm'

Virus writers create secret P2P virus network more »

Intel launches Celeron M chip line

Lower-cache processors are designed for thin and light notebooks more »

Japan, China, S. Korea developing next Net

Japan, China and South Korea are reportedly planning to jointly develop Internet Protocol version 6 (IPv6), the next-generation Internet standard more »

Online crime up in 2003

It seems 2003 was a productive year for phishers, online auction scammers and Nigerians professing a deep sense of purpose and utmost sincerity more »

search.lt news

search.lt presents newest links more »

'Phisher' site targets Visa, as holiday scams abound

Ruse uses e-mail, Web site to snag account numbers and personal identification numbers more »

search.lt news

search.lt presents newest links more »