Author Archive: gpelitemotors

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Dodge Charger, F-250 popular with car theives

Auto thefts decline because of technology, but statistics conflict

img-1img-1The most theft-prone vehicle in America might be the Dodge Charger. Or it might be the Ford F-250 pickup truck.

Those are the contradictory conclusions of the National Highway Traffic Safety Administration and the insurance industry-funded Highway Loss Data Institute.

Still, the government agency and private group agree that the theft of late-model vehicles is on a rapid decline in the United States. One reason: automakers’ increasing use of ignition immobilizers, which stop thieves from hot-wiring cars. Nearly 90 percent of 2012 models are equipped with them.

In a report released on Monday, NHTSA said the car stolen most often during the 2011 calendar year was the Charger, with 4.8 thefts for every 1,000 cars produced in 2011. It was followed by the Mitsubishi Galant, Hyundai Accent, Chevrolet Impala and Chevrolet [...]

img-2img-2Global sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz as demand from China and the United States helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.

Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.

Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively.

“BMW has stronger momentum than Audi and Mercedes, that won’t change in the second half,” said [...]

img-3img-3Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.

The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.

Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because [...]

img-4img-4The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.

Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such [...]

Welcome to GP Elite Motors GP Elite Motors is a family owned business with a European background. We specialize in European luxury vehicles, muscle cars and exotics. All our vehicles are kept in a enclosed showroom and are exclusively shown by appointment only. Unlike a large franchise dealer, we make the car buying experience as easy and personal as possible. Our inventory of vehicles are hand picked with exclusive features that make them a rare find. We always strive to offer the best elevated client service !JTNDaWZyYW1lJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZ2ci52aXN0YS0zNjAuY29tJTJGdG91ciUyRmFuaXR0ZWMzNjAlMkYyMzAxMjAtZGVhbGVyJTJGJTIyJTIwc3R5bGUlM0QlMjJib3JkZXIlM0EwcHglMjAlMjNmZmZmZmYlMjBub25lJTNCJTIyJTIwbmFtZSUzRCUyMm15aUZyYW1lJTIyJTIwc2Nyb2xsaW5nJTNEJTIybm8lMjIlMjBmcmFtZWJvcmRlciUzRCUyMjElMjIlMjBtYXJnaW5oZWlnaHQlM0QlMjIwcHglMjIlMjBtYXJnaW53aWR0aCUzRCUyMjBweCUyMiUyMGhlaWdodCUzRCUyMjUwMHB4JTIyJTIwd2lkdGglM0QlMjIxNjAwJTIyJTIwYWxsb3dmdWxsc2NyZWVuJTNFJTNDJTJGaWZyYW1lJTNF WARRANTY

3 months or 3,000 miles (whichever occurs first) of coverage and roadside assistance with a 0 deductible that is available on most vehicles. In addition, the warranty can be extended up to 60 months and 100,000 miles

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img-5img-5Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the [...]

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GP Elite Motors - Family owned and operated
OUR MISSION IS SIMPLE GP Elite Motors delivers the best automotive purchasing experience possible with a selection of luxury, sport, or utility vehicles such as:                             Audi    BMW   Land Rover   VW    Mini                         Mercedes-Benz   Porsche   Fiat   Alfa Romeo We ensure that you are purchasing from a company that takes pride in its business with decades of experience in the automotive industry. Our staff is here to assist you in any way possible. Please feel free to call or email us with any inquires.JTNDaWZyYW1lJTIwc3JjJTNEJTIyaHR0cHMlM0ElMkYlMkZ0b3VyLnBhbm9lZS5jb20lMkZjYXJzLWNvbGxlY3Rpb24tMzYwbyUyRjYzZTU1ZmM2NjRiYzQ3NjJjM2Y1ZjhmMiUyMiUyMHN0eWxlJTNEJTIyYm9yZGVyJTNBMHB4JTIwJTIzZmZmZmZmJTIwbm9uZSUzQiUyMiUyMG5hbWUlM0QlMjJteWlGcmFtZSUyMiUyMHNjcm9sbGluZyUzRCUyMm5vJTIyJTIwZnJhbWVib3JkZXIlM0QlMjIxJTIyJTIwbWFyZ2luaGVpZ2h0JTNEJTIyMHB4JTIyJTIwbWFyZ2lud2lkdGglM0QlMjIwcHglMjIlMjBoZWlnaHQlM0QlMjI0MDBweCUyMiUyMHdpZHRoJTNEJTIyNjAwcHglMjIlMjBhbGxvd2Z1bGxzY3JlZW4lM0UlM0MlMkZpZnJhbWUlM0U= WHY CHOOSE US? 3-months / 3,000 miles limited warranty included3-months /3,000 miles roadside assistance includedFinancing starting at onl [...]

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