Author: Automotive News Feed
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Can Edmunds.com’s crazy promise lead to higher grosses, happier customers?
Edmunds’ new Price Promise program sounds bizarre: Basically, dealers tell a customer the price of a car, then — try to stay with me here — actually charge that price when the customer comes in to buy the car.
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China expert fears financial crisis
China could soon become a major trouble spot for automakers and their suppliers if it stumbles into the so-called middle-income trap that ensnared Brazil 50 years ago, said Jochen Siebert, managing director of consultancy JSC Automotive Consulting…