Pleas from Chrysler executives for dealers to order more vehicles took on a more urgent tone Thursday as Vice Chairman Jim Press prodded them in a conference call to take more vehicles, dealers said.
Michael Wasserman saw the first signs that business at his Arizona car dealership was slipping as early as October 2006, long before the country entered a recession and the depths of the nation’s housing industry collapse were apparent.
As the nation’s car dealers gather at the industry’s annual convention in New Orleans this week, many, if not most, must be wondering when the moribund automotive market will come back to life.
With Chrysler LLC's U.S. sales down 30 percent last year, an economy mired in recession and the automaker living on government loans, the last thing you'd expect a dealer to do is order more cars and trucks.
At this year's version of the National Automobile Dealers Association convention, survival has passed maximizing profits as the focus of the annual event.
A top Chrysler LLC executive says the automaker should be viable by springtime because of its restructuring, introduction of new and improved vehicles, and higher sales due to loosened credit and sweetened incentives for buyers.
Amid the myriad problems facing the Big Three automakers, one is often overlooked — a costly, inefficient network of dealers.
General Motors and Ford have been working for years to reduce their ranks of dealers, but with vehicle sales at record lows and the industry seeking a financial bailout, both automakers now have billions of new reasons to renew their pushes to create smaller, more profitable, dealer bases.
Perhaps no other place in America outside Detroit has more at stake in the debate over whether to bail out the auto industry than National City, Calif., sandwiched between San Diego and the Mexican border.
No customer voices competed with the harmony of "Silly Love Songs" flowing from the showroom speakers at Danville Chrysler Dodge Jeep.
There is no business plan for what New England heating oil dealers and customers have gone through this year.
Hayden Elder's beaver pelt cowboy hat delivered his message to lawmakers as starkly as anything else did: The proposed $25 billion federal loan to keep the U.S. auto industry breathing is a local issue.
Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan.
Einstein may have been right when he said that compound interest is the most powerful force in the universe, but depreciation runs a strong second when buying a used car.
As if high gas prices, a weak economy and a strike by a major supplier weren't enough to drag down Hummer's sales, Hummer dealers are now reeling from the news that General Motors Corp. may consider selling the brand.
A nationwide sell-off of gas guzzlers is under way. Those big, low-mileage SUVs and trucks don’t seem so appealing when a fill-up sets you back $60 or more.
For years, the Warren Central High School Warriors have counted on Gene Beltz's Shadeland Dodge for support.
The next five months or so will be difficult ones for U.S. auto dealers, with sales expected to slump, but the chief economist for the National Automobile Dealers Association expects a bit of a rebound in the second half of the year.
General Motors Corp. CEO Rick Wagoner urged a group of auto dealers Saturday to lobby against individual states trying to set their own limits on greenhouse gas emissions.
When thousands of U.S. auto dealers gather in San Francisco this weekend, much of the talk will be about just getting through 2008.
If you want evidence that challenging times lie ahead for the automotive industry, look no further than the theme of the annual convention of the nation’s auto dealers in San Francisco this week: “profitability.”
An Indonesian caught trying to smuggle weapons to a Sri Lankan terrorist organization was sentenced to more than three years in prison Friday, the U.S. attorney's office said.
Henderson, an African-American, worked as a salesman in the used car department of the dealership where he "routinely achieved salesman of the month awards leading all others in sales
The Rockefeller Drug Laws, enacted in 1973, mandate harsh prison terms even for many nonviolent drug offenders and take some discretion away from judges at sentencing.
Blame Ronald Reagan, George W. Bush, and the influential car-dealer lobby.
To get a better deal on your next purchase, all you really need to do is ask. Thanks to a slowing economy and a subsequent decline in consumer spending, haggling has become a lot easier.
If the annual model year change-over - and all the sales that go with it - have you in a car shopping mood, don't be lulled into paying more than you have to. The deep discount you think you're getting may be nothing more than an illusion.
German police searched more than 140 apartments for stolen electronic goods in a nationwide search for illegal ebay dealers, a police spokesperson told daily Berliner Morgenpost on Monday.
"Our program," Jeanne Farmer of the Defense Security Cooperation Agency continued, "is growing by leaps and bounds," describing how her agency is dealing with more than 12,000 open cases (in some instances the weapons have been transferred, but not all options have been exercised …
The Ask Patty.com, Inc. website, blog and Second Life venue is a safe place for women to get advice on car purchases, maintenance and other automotive related topics. Women can shop for vehicles at our network of certified female friendly dealerships across the U.S.
"The universe of collectors has grown enormously. Incredible wealth has been accumulated, and that is still the supporting factor" of the art market boom, says Glimcher.
The federal Bureau of Alcohol, Tobacco, Firearms and Explosives says that 25 to 50 percent of those who peddle firearms at gun shows aren't licensed dealers, but private individuals who set up tables. This situation is perfectly legal -- and dangerous. A gun show visitor buying …
"There is blue sky ahead of us and there is room for gold to go higher. We are in an uncharted territory, really," said Darren Heathcote of Investec Australia in Sydney. "We have a weaker dollar and that's encouraged people to buy gold."
A gang stole top-of-the-range cars worth millions in London and the home counties by conning dealers into handing over duplicate keys.
Secrets to know when buying a car See more irresistible headlines • Woman gives birth to own grandkids • Free phone service from Google? Wanna join Newsvine too and make some cash? I'll send you an invite
These are the main FFL requirements that are needed to obtain a federal firearms license - ffl.
A police crackdown on cannabis farms has left dealers struggling to keep up with demand. Some dealers are even offering cash to regular customers who agree to grow drugs in their spare room.
Saturday's guilty verdicts in the torching of a house in New Brunswick could make Grand Manan Island an "open house" for drug dealers, says a friend of the accused.
When General Motors was the biggest and most profitable auto manufacturer in the world, its strategy was to provide "a car for every purse and purpose." G.M.
Pricing a used car: Whom to believe? You want to buy or sell at the best price, and the Web is key to your research. But you'll see far different guidance at each of the top sites. If you're selling or buying a used car, the Internet can be a true blessing.
Yesterday, people were talking about how the latest in a long line of CEOs for Segway is desperately looking for a "liquidity event" of some sort. Of course, for that to happen, it would help if more people were, you know, actually buying the damn balancing scooters.
A group of friends were partying on drugs when they saw a group of tiny, white men coming up out of the fjord. This terrified them so much they rang police to ask for protection, newspaper Bergensavisen reports.