Pinnacle Auto Appraisers' Blog

Keeping the auto appraising industry up to date with important auto industry and appraiser information.

Nidec and GAC Components complete establishment of JV for automotive traction motors - Green Car Congress

Nidec Corporation and GAC Components Co., Ltd. have completed establishment of the joint venture that develops, manufactures and sells automotive traction motors. (Earlier post.)

Named Guangzhou Nidec Auto Drive System Co., Ltd., the JV is based in Guangzhou. The JV will have 17 employees by the end of the year, and plans to hire more than 70 people by the end of 2020, and more in line with business expansion.

Nidec owns 51%; GAC Components owns 49%.

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Automotive Control Valves Market Trends 2019 | Continental Automotive, Rotex Automation, Voss - Eastlake Times

Global Automotive Control Valves Market Trends, Size and Segment Forecasts, 2019-2026 published by Market Research Place interrogate the rudimentary factors of the market such as market overview, product classification, market demands, leading manufacturers and their adopted business strategies, and applications. The research report serves details on industry business trends and the enterprise data in order to understand customers and the merchandise driving profitability and furnish growth. The report aims to help market players to plan and implement their strategies in fields such as emerging geographies and new technologies.

The authors of the report have given enough details enabling users to take an informed decision to achieve their goals. The market Automotive Control Valves report attracts the strangest insights of this business also creates a forecast. The report creates awareness among consumers about the influence and greatness of the product and development of advanced products that can motivate the market during the forecast period (2019 to 2026).

DOWNLOAD FREE SAMPLE REPORT: https://www.marketresearchplace.com/report-detail/128295/request-sample

The key players are analyzed along with their product category, basic data, sales volume and value of revenue as well as gross margin in percentage terms. In addition to the data part, the report has provided an overview of the market, including classification, application, manufacturing technology, industry chain analysis.

A comprehensive demonstration of the market in the form of extensive graphical elements such as diagrams, graphs, and realistic figures makes the report easy-to-access source. This particular representation specifies the current position of the specific Automotive Control Valves market industry on the global and regional level.

Geographically, the market is leading by these regions: North America, Europe, Asia Pacific, South America and Middle East & Africa.  The growth figures experienced by the market, logistics, and the historical performance of the market in the given region are also presented for each regional market in this report.

Automotive Control Valves market competition by top manufacturers/players includes following key players covering sales revenue, price, gross margin, main products etc.: Bosch, Flomatic Corp, Continental Automotive, Rotex Automation, Voss, Danfoss Power Solutions, Bitron SpA, HAWE Hydraulik, MAHLE Grou,

The report tracks various market opportunities, market risk, and market driving force. Then it stresses probable risks associated with various opportunities in the Automotive Control Valves market and also gives a clear and precise market overview combining statistics and estimates. The most influencing driving and limiting powers in the market and its effect on the worldwide market has also been explained in the report.

Market segmentation by type: Type 1, Type 2, Type 3, Others

Market segmentation by applications: Braking System, Hydraulic Control System, Drive System,

ACCESS FULL REPORT: https://www.marketresearchplace.com/report/global-automotive-control-valves-market-trends-size-and-128295.html

Key Reasons To Buy This Market Report

To have comprehensive research methodology of global Automotive Control Valves market. This report provides a detailed and extensive market overview with key analyst insights. Extensive analysis of macro and micro factors influencing the market guided by key recommendations. Assessment of regional regulations and other government policies impacting the global market. Insights about market crucial which are encouraging the market. Extensive profiles and recent developments of market players.

Customization of the Report:
This report can be customized to meet the client’s requirements. Please connect with our sales team (This email address is being protected from spambots. You need JavaScript enabled to view it.), who will ensure that you get a report that suits your needs.

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GM parts ways with Sakthi Automotive - FOX 2 Detroit

GM parts ways with Sakthi Automotive  FOX 2 Detroit
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Woman struck, killed by car in downtown Las Vegas - Las Vegas Review-Journal

Downtown

A woman was struck and killed by a car while crossing the street Friday evening in downtown Las Vegas, police said.

Updated November 8, 2019 - 10:57 pm

A 71-year-old woman was struck and killed by a car when she “abruptly” stepped into the street Friday evening in downtown Las Vegas, police said.

Officers were called about 5:10 p.m. to the scene near Stewart Avenue and 10th Street, Metropolitan Police Department Lt. Ken Nogle said. The woman was on Stewart just east of the intersection and outside of a marked crosswalk when she was struck, according to a news release.

Police determined the woman “abruptly” walked into the path of a 2013 Volkswagen CC Sport. She was taken to University Medical Center, where she died.

The driver remained at the scene, and impairment was not a factor in the crash, Nogle said.

Stewart from 10th to Maryland Parkway was closed Friday night while detectives investigate.

The Clark County coroner’s office will identify the woman after her family has been notified. The crash marked the 88th fatal traffic-related death Metro has investigated this year, police said.

Further information about the crash was not immediately available.

Contact Katelyn Newberg at This email address is being protected from spambots. You need JavaScript enabled to view it. or 702-383-0240. Follow @k_newberg on Twitter.

Posted on: Downtown, Local, Local Las Vegas
Tagged:

 

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Technology helps Cardinale keep inventory ripe - Automotive News

To focus on the need to turn used-vehicle inventory quickly, Erich Gail likes to think about those cars as if they were fresh fruit.

"When the oranges come off the truck on day one, they're juicy and they're ripe. They're ready to go," the CEO of Cardinale Automotive Group told Automotive News. "And every day, or week or whatever the case may be that they sit, they become more and more dry. They run out of juice. They don't look good. They smell bad."

“Cut it, auction it, sell it wholesale,” Erich Gail, CEO
of Cardinale Automotive
Group, says of a vehicle that sits
on the lot for 60 days.

Cardinale, a leading new-vehicle franchised dealership group, has long valued used-vehicle sales. But a pivot in the group's technology strategy in 2010 allowed the retailer to maintain one of the highest used-to-new vehicle ratios in the country.

Armed with a proprietary online marketing platform and in-house processes, Cardinale, of Marina, Calif., pays assiduous attention to the precise time and price point to sell a used car.

To keep its offerings consistently ripe, Cardinale aims to keep days to turn to less than 45. If a vehicle sits for 60 days?

"It's out. Cut it, auction it, sell it wholesale," Gail said. "Time to free up the money and go put it into something that will perform better."

Across 22 stores in California, Arizona and Nevada, Cardinale sold 26,068 used vehicles and 15,599 new in 2018, for a used-to-new ratio of 1.67, according to Automotive News' top 100 list of U.S. dealership groups ranked by used-vehicle sales. Cardinale's ratio ranks third highest in the country among franchised retailers, behind No. 1 Garber Management Group, of Saginaw, Mich., at 1.73 and Kunes Country Auto Group in Delavan, Wis., at 1.7.

To keep things moving, Cardinale keeps a strict clock on reconditioning: No more than 72 hours from when a used car arrives at one of Cardinale's locations until it gets prepped, photographed and listed online.

Any exception to the timeframe needs to be written up by the parts and services director and then signed off by a general manager, Gail said.

Some of the group's higher-volume locations have as many as 25 service technicians devoted solely to reconditioning, Gail said.

The average used-to-new ratio on Automotive News' top 100 list this year was 0.82-to-1, with only 22 dealership groups at or above 1-to-1. Last year, 18 groups on the list reached those ratios, with an average of 0.75-to-1 for all 100.

ZMOT online

Unloading the inventory at the right time means finding customers to purchase it at the right time — and that takes technology.

In 2010, the company started Cardinale Connect to discern how to price its vehicles as well as how to find and attract vehicle buyers online.

In 2014, it was rebranded as ZMOT. The name stands for the "zero moment of truth" — which Gail defines as the point in a car shopper's journey where they know what vehicle they want and why they want it.

"That is the place where we market," he said. "We watch what people are looking at."

Through ZMOT's analytics, Cardinale measures how many vehicles of a particular model or make are in the market and the estimated acquisition prices.

ZMOT monitors shopper behavior for Cardinale, gathering data on what prospective customers seek from search results and other pages.

When a customer lands on one of Cardinale's vehicle-detail pages, "we can read your actions," Gail said. "We place videos in English and Spanish. We know whether you watched the video, looked at the pictures, scrolled, checked what your vehicle value was that you currently own — those are all indicators that you're moving near zero."

Multiple services

ZMOT, which also works with dealers outside of the Cardinale group, provides services such as pay-per-click advertising, which matches in-market car shoppers' search queries to dealership sites, and automated inventory listings, which instantly convert dealership offerings into online listings and swapping out sold vehicles for new ones. ZMOT works with no more than one dealer per market, he said.

Gail remains driven to improve Cardinale's thriving used-vehicle business. "The minute you think or believe you're great, your slide to mediocrity has already begun," he said, paraphrasing motivational speaker and author Jim Collins.

"Every day, we need to be a constant student of inventory levels, days supply, acquisition costs and transaction costs," Gail said. "We need to study those relationships and those ratios — because used cars is managing money."

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Free Review:

If you are looking to increase your insurance coverage on your vehicle, the insurance company may require you to obtain a certified auto appraisal.   If you have a custom car, truck or motorcycle, the insurance company won't pay you more than book value. Get a stated value appraisal to cover money spent customizing your vehicle.  Have a collector or exotic vehicle?  Book value does not justify the vehicle value  In case you are in an accident, have a certified auto appraisal done.  Contact us today for a Free Evaluation!

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Pinnacle Auto Appraisers Will Professionally Evaluate Your Vehicle!

FLEET VEHICLES:

Pinnacle Auto Appraisers prides itself on quickly handling large amounts of vehicles. We routinely handle fleets for: vans, trucking, limousine, shuttle, buses, SUV, corporate, taxi, dealership, clubs, rental, and delivery companies. We handle large national chains, small family businesses, and car club appraisal(s).

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Pinnacle Auto Appraisers Offers Quality Fleet Appraisals!

Accident:

If you were involved in an accident and the insurance company deemed your vehicle a total loss, we can help.  If you don't agree with the insurance company's offer, you have the right to hire an independent certified appraiser to determine the actual cash value of your vehicle.  Our certified appraiser will go to the vehicle location, conduct the inspection and complete a certified total loss appraisal on your vehicle.  Total loss claims do require a negotiation phase which we will take care of for you at no additional charge!

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Let Pinnacle Auto Appraisers Help After A Crash!

CAR CLUBS & REPAIR SHOPS:

Our Appraisers are repair shop and car club fanatics! We enjoy when local and national clubs invite us out to their local gatherings. We offer an appraisal discount that lasted all month. We love everything that has an engine and drives on the road. We do our best to help everyone in need of an appraisal!

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Pinnacle Auto Appraisers - We Value Car Clubs and Repair Shops!