Dealerships

Texas dealership giving GM, FCA stock as bonus with new vehicle purchase

One Fort Worth, Texas dealership is offering a different type of incentive for buyers.

Photo courtesy of FCA US LLC

It's not unusual to get a complimentary gift card for test driving a new vehicle. The team over at Frank Kent Motor Co. in Texas had a different idea on how to lure buyers - complimentary stock options.

During the month of April, the Fort Worth dealership is offering Drive a Piece of America, Own a Piece of America, where buyers will be gifted 10 shares of General Motors stock with the purchase of any new GM vehicle or 30 shares of FCA stock with the purchase of a new Chrysler, Dodge, Jeep or Ram.

"We're thrilled to be able to share this gift. Our customers, employees and community are our most valuable assets and we will always invest in them. We stand behind Americans and believe in the strength of the FCA and General Motors brands. As our economy rebounds, we are hopeful that the value of the stocks will increase for the recipients," said Corrie Watson, President of Frank Kent Motor Co.

Fiat Chrysler Automobiles N.V. (FCAU) opened the day at $6.71 per share on the NASDAQ exchange. General Motors Company (GM) started the day higher at $18.04 per share.

Vehicle sales plummeted in March with many automakers posting declines of over 50-percent from March 2019's numbers. Additionally, many showrooms are closed. However, many dealerships are able to complete no-touch handoffs and service facilities are still operating as essential services in most states.

Frank Kent Motor Co. has developed into one of the largest Cadillac dealerships in the Southwest, has been awarded the General Motors Dealer of the Year, and is recognized in the Cadillac Master Dealer Hall of Fame. Their dealership portfolio has grown to include Cadillac, Chevrolet, Buick, GMC, Chrysler, Dodge, Jeep, and RAM.

In addition to the dealership, Watson and co-owner Will Churchill own and operate Fort Brewery, Cadillac Wines, and Grease Money Rubs, a seasoning line. They also founded Dream Park Fort Worth, an inclusive playground for children of all abilities.

Trending News

 
 

The Ferrari 812 Competizione comes in two varieties.

Photo courtesy of Ferrari

A new variant of the Ferrari 812 Superfast has been revealed. The Ferrari 812 Competizione models are a limited edition series of vehicles in two variants, coupe and targa, known as the Ferrari 812 Competizione and the Ferrari 812 Competizione A.

Both models sport a naturally-aspirated 6.5-liter V12 engine that achieves 818 horsepower. The power plant is, on the surface, the same that is in the Ferrari 812 Superfast but engineers have tinkered with the fresh version to optimize fluid dynamics of the intake system and combustion, reducing internal friction.

Ferrari has paired the engine with a seven-speed dual-clutch gearbox that the automaker says delivers a new type of shifting feeling. The setup retains the same gear ratios as the 812 Superfast but has more rpm range. The engine can rev to 9,500 rpm and a progressive growling comes spewing out of the car's exhaust system, which comes complete with a gasoline particulate filter that ensures the car meets modern emissions standards.

Ferrari 812 Competizione & Ferrari 812 Competizione A

Photo courtesy of Ferrari

1 / 9

A single front air intake works to keep things cool up front marking the first time such an adaptation has occurred on a V12-powered Ferrari. The cooling circuit has also been improved making it 10 percent more efficient and the oil tank has been redesigned to allow for extra flow.

Engineers have given the new Ferraris added braking power. That includes a redesigned version of the caliper that was first used on the SF90 Stradale and other modifications. These changes allowed Ferrari to redesign the car's front underbody freeing up space around the lower front wishbone suspension and extending the area that could be used to generate downforce. The car has a passive mobile aero system.

The backside of the new variants has a unique design with a fresh exhaust layout, diffuser geometry, spoiler volume, patented rear screen, and bumper design. The rear diffuser now extends across the full width of the car and redesigned silencers and tailpipes that are integrated into a single pipe.

Four-wheel steering and independent rear-wheel steering features a new electronic management system. Refinements have been made to the car's response system to deliver a more connected drive experience. It features a new iteration of Ferrari's Side Slip Control system and rides on new Michelin Cup2R tires.

Weight savings abounds throughout the car and though much of it isn't apparent to the untrained eye, it helps the performance of the car. This includes the dashboard and door panels. The door panel pocket juts out from the main structure almost as if it were a floating element.

The 812 Competizione A features a number of modifications that differentiate it from the 812 Competizione including the implementation of a flying buttress design that helps the car's center of gravity to appear lower that the coupe's. When the targa top is stowed, the roll bars jut out becoming a secondary visual element.

Each of the cars comes standard with Ferrari's extended seven-year maintenance program.

Trending News

 
 

Ultium Charge 360 is described as a holistic approach to electric vehicle ownership.

Photo courtesy of General Motors

General Motors, like Ford, is working to help make charging easier for their electric vehicle owners. The introduction of the Ultium Charge 360, which takes its name from the Ultium battery pack that is going to be used to charge GM vehicles moving forward, combines information regarding charging networks, GM vehicle mobile apps, and other products and services.

"GM agrees with the customer need for a robust charging experience that makes the transition to an EV seamless and helps drive mass adoption," said Travis Hester, GM's chief EV officer. "As we launch 30 EVs globally by the end of 2025, Ultium Charge 360 simplifies and improves the at-home charging experience and the public charging experience – whether it's community-based or road-trip charging."

Ultium Charge 360 smartphone Ultium Charge 360 allows users to find a charging station near them.Photo courtesy of General Motors

Ultium Charge 360 offers:

  • Access to Charging - GM will continue to work with a variety of third parties, including charge point operators, electric utilities and government agencies to make home, workplace, public and fleet charging ubiquitous for customers.
  • Mobile Apps - GM will continue to update the GM vehicle mobile apps to provide an even more intuitive mobile experience that makes navigating to a charging station, plugging into a charger and paying for charging simple.
  • Products and Services - To help ensure the transition to an EV is seamless, GM is working to offer EV owners charging accessories and installation services tailored to their lifestyle. For example, GM will cover standard installation of Level 2 charging capability for eligible customers who purchase or lease a 2022 Bolt EUV or Bolt EV in collaboration with Qmerit.

GM is also making progress on its EV infrastructure strategy. The company previously announced plans to install 3,500 charging stations at company facilities.

Thanks to agreements between GM and seven major charging providers (Blink Charging, ChargePoint, EV Connect, EVgo, FLO, Greenlots and SemaConnect) GM vehicle suers will be able to see real-time information from nearly 60,000 charging plugs throughout the U.S. and Canada, find stations along a route, and initiate and pay for charging.

Nine months following the announcement to add 2,700 fast chargers in cities and suburbs by the end of 2025, GM and EVgo have opened its first sites in Washington, California, and Florida. Each site is capable of delivering up to 350 kilowatts and averages four chargers per site. GM and EVgo are on track to have approximately 500 fast charging stalls live by the end of 2021.

Trending News