Go Back   DealershipForum.com > Asian Franchises > Other > Sales

Notices

Reply
 
Thread Tools Display Modes
Old 08-25-2011, 12:42 PM   #1
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,856
Default Anyone know one of the 20 Dealers waiting to get a BYD Dealership?

I received a PM from one of our members who was wondering if anyone knew one of the 20 Dealers in the U.S. who are waiting to get a BYD franchise?

For those who may not be up to speed, BYD is a Chinese automaker that's planning to launch an electric vehicle in the U.S. in 2012.

Here's a link to an article the appeared in Automotive News - click here (Subscription may be required.)
XDCX is offline   Reply With Quote
Old 08-25-2011, 12:48 PM   #2
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,856
Default Here's a picture of the BYD e6 Crossover

Here's a picture of the BYD e6 Crossover:




I think it looks pretty good. If the pricing is right and the vehicle performs as good as it looks there should be a market for this car in the U.S.
XDCX is offline   Reply With Quote
Old 08-25-2011, 02:10 PM   #3
57years
Senior Member
 
Join Date: Sep 2009
Posts: 530
Default

I rode in their car at the Detroit Auto show. Much better Fit and Finish than the Volt, and was all electric. I still think that price is the problem, not the number of recharge stations. (Although, I think the number of hills in the U.S. may also be an "obstiacle"!)
57years is offline   Reply With Quote
Old 08-26-2011, 10:23 AM   #4
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,856
Default

Quote:
Originally Posted by 57years View Post
I rode in their car at the Detroit Auto show. Much better Fit and Finish than the Volt, and was all electric. I still think that price is the problem, not the number of recharge stations. (Although, I think the number of hills in the U.S. may also be an "obstiacle"!)
I did some surfing on the Internet last night and learned that BYD is the Chinese Auto Company that Warren Buffett invested in a few years back.

There were also some reports that BYD over-produced vehicles last year because of an overly aggressive growth forecast and then forced their dealers to take inventory they didn't want. That sure sounds familiar....
XDCX is offline   Reply With Quote
Old 08-26-2011, 10:26 AM   #5
57years
Senior Member
 
Join Date: Sep 2009
Posts: 530
Default

Buffet made a "billion" in unrealized gains, then BYD started to "retract." He's still ahead, and now rumors to he might have to buy the rest of the company.
57years is offline   Reply With Quote
Old 08-30-2011, 02:55 PM   #6
57years
Senior Member
 
Join Date: Sep 2009
Posts: 530
Default

BYD laying off 70% of its corporate sales force in China. Sales off 19% from a lousy year last year. One Wonders! Buffet's unrealized gain is less than $250 million today!
57years is offline   Reply With Quote
Old 09-14-2011, 11:31 AM   #7
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,856
Default BYD - What went wrong when everything looked so right?

Here's an article I found via Google News that recaps the rise and fall of BYD Auto - click here

Essentially the story is too much growth too fast and now the question is how does the company recover. The author of the report feels BYD can turn the company around but it will involve product delays.
XDCX is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Waiting for the plan..... XDCX Sales 6 09-23-2009 01:38 PM
New Dealership Websites for CJD Dealers XDCX Sales 24 11-18-2008 10:23 AM


All times are GMT -7. The time now is 02:52 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016