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

Antiwar hacker strikes the U.S. Navy

Virus writer and hacker activity has stepped up dramatically since the U.S. and U.K. armed forces started their war against Iraq more »

EU bigwig bangs on about eGovt

A top EU commissioner has been banging on about the importance of eGovernment more »

Al Jazeera launches English service

But within hours, firm suffers denial of service attack more »

Chip cards - in Kazakh practice

Commercial Alliance-Bank will be the first among RK banks implementing a transaction through international chip cards "Visa Smart Debit & Credit (VSDC)" through single processing center more »

A new Internet site

All those interested in British-Polish economic issues now have a new Internet site www.bpcc.org.pl more »

"Tibo’2003"

Minsk to Welcome Belarusian Congress on Telecommunications, Information and Banking Technologies more »

E-Russia threatened by cuts in financing

A drop in federal funding could delay some projects under the Electronic Russia program, which aims to boost the use of information technology throughout the country, the Communications Ministry said Tuesday more »

Belgian consortium heads race to run .eu

The European Commission is consulting its 15 national member governments over a draft decision to pick a Belgian-led consortium to run the long-awaited .eu top-level domain name registry more »

U.S. military computer attacked

Previously undiscovered flaw used to attack Army Web site more »

Banking Solutions at CeBIT 2003

Wincor Nixdorf presents a range of propositions with the spotlight focused on the specific needs and problems facing the banking industry under the key headings of Branch, Multichannel and Cash Management more »