Auto Dealer News Archives

New Haven _ Two Connecticut car dealerships will once again offer discounts to Elm City Resident cardholders.

By Matt Fredmonsky Record-Courier staff writer The retention and future $12.6 million expansion of Don Joseph Toyota Scion on Kent's Auto Mile, though viewed positively by many community leaders, has not come ...

Daimler AG, the German parent company of Smart USA, has warned Lionhead Motors of Dallas that it is not authorized to continue selling the highly popular mini-cars. Lionhead apparently bought its inventory of ...

The Pontiac, Mich. -based telematics company said Zeichner will lead its efforts to expand sales in the automotive aftermarket.

By Soyoung Kim Reuters Friday, May 30, 2008; 11:05 AM DETROIT - Billionaire investor Kirk Kerkorian on Friday said he would move ahead with a tender offer for Ford Motor Co shares, signaling a bigger bet on the ...

China is both the fastest growing motor vehicle market and the fastest growing vehicle producer, according to Research an Markets, which adds that China is also the world's second-largest car market -- it ...

Average sale prices of fuel-efficient cars have been lower than a year ago, even though gasoline prices are setting daily records, while average sale prices of big, fuel-thirsty SUVs are higher - a situation ...

Ford Motor Co is preparing to fire salaried employees over the next two months due to the sudden downturn in auto sales, a drastic step it has so far avoided during its 2-1/2-year restructuring.

Students in the First Coast are using their talents to prepare for a charity event for this Saturday.

General Motors said today that a quarter of its U.S. hourly workers will take the company's latest buyout and early retirement offers, opening the door for new hires who will make less money.

A man with a knife slashed a salesman's arm during a robbery at car dealership Sunday evening, the Charleston County Sheriff's Office said.

Hyundai Motor America has announced prices for its new flagship, the all-new Genesis sports sedan, starting at $33,000 for a well-equipped 290-horsepower V6 and $38,000 for the 375-horsepower V8 model.

Parking will soon be more plentiful for the Ontario Convention Center with the redevelopment agency's pending purchase of 6.78 acres nearby.

Automobile sales in the United States braked to the lowest level in 10 years last month amid soaring fuel prices and a softening economy, even as they sped to record levels in Canada on the strength of lower ...

The slowdown, if sustained, will begin to separate winners from losers among the 46 brands competing for market share.

It's not the door prizes and free food car shoppers are interested in. These days the hot marketing commodity is free gas cards, offers for free gas for the rest of the year, and at Westway Ford they're giving ...

Matt Aquano, of Danvers, Mass., looks at a Pontiac G6 that he's planning to buy when he trades in his Chevy Blazer.

Little cars, bigger price tags. That's the trend these days, and the culprit is everyone's favorite scapegoat: the rising price of gas.

For the first time ever, more Canadians are involved in selling products than producing them.

The budding turnaround at the Ford Motor Company has stalled amid rising gas prices and falling truck sales.

A gas station offering $2.99 a gallon wouldn't be empty. That's the deal offered by the makers of Chrysler, Jeep and Dodge.

By Matt Fredmonsky Record-Courier staff writer Bruce Caudill has seen many things change over the years as a businessman who has maintained his operations at Kent Lincoln-Mercury on the Kent Auto Mile since ...

May 21, 2008 By Gregory Solman Adweek Faced with relaunching the Honda Pilot SUV with gas prices rising and car sales declining, RPA creative directors Eric Helin and Nathan Crow chose to humorously emphasize ...

Posted By: Victor Blackwell 2 hrs ago JACKSONVILLE, FL ? For several hundred people, gas was not closing in on $4 per gallon.

The American International Automobile Dealers Association spent $450,000 in the first quarter to lobby on federal trade agreements and other issues, according to a disclosure form.

John Hyland hugs his son Hunter, 8, as the family celebrates Thursday at Charlotte/Douglas International Airport.

Hybrid cars are disappearing off dealer lots as buyers looking for relief from $4-a-gallon gasoline endure waiting lists, price markups and paltry trade-ins in their quest for better fuel economy.

A Missouri car dealer said on Thursday sales have soared at his auto and truck business since launching a promotion this week that promises buyers a free handgun or a $250 gas card with every purchase.

But with oil prices surging, the U.S. auto market bumping along at near-decade lows and ever more Americans defecting from trucks and sport utility vehicles, a new risk looms for Detroit: the future may be ...

With three Toyota Corollas on the Addis Car Sales lot in Tucker, Ga., Mike Haile has one of the top selling cars available in the current market Tuesday, May 20, 2008.

Foothill Ford has become the latest victim of a slumping automotive market. After nearly four decades in the city, the dealership will shut down May 31.

For as long as anyone can remember, life in Los Angeles has involved driving a car.

A Missouri car dealer said on Thursday sales have soared at his auto and truck business since launching a promotion this week that promises buyers a free handgun or a $250 gas card with every purchase.

Salesmen at one Missouri car dealership aren't just kicking in a free CD player or factory air: They're offering a free handgun with every purchase.

Some Duval County car dealers are celebrating 92 years in Jacksonville by taking 92 cents off each gallon of gas Thursday, May 22nd.

A District car dealership was shut down after it was declared an environmental danger.

A local car dealer is holding a controversial promotion involving guns. Max Motors in Butler is offering anyone who buys a car the choice of $250 in gas or a free semi-automatic handgun.

The inflation rate increased for the first time in six months in April, Statistics Canada said Wednesday, and the agency said gas prices are to blame.

"Canadian auto parts makers face another tough year with production falling by eight per cent in the face of the strong loonie and declining U.S. demand, says the Conference Board of Canada.

The beige 2003 Honda Civic sat on Mike Haile's used car lot in Atlanta for only three days before he sold it for $8,200. And that was $300 more than the asking price.

The economy is sucking wind, home prices are tanking, and the stock market is scary.

The National Automobile Dealers Association has joined a diverse coalition of consumer protection, law enforcement, and auto industry representatives to urge the U.S. Department of Justice to finalize a ...

Ohio gasoline prices have backed down a little from Friday's all-time high, but they're still up 29 cents from two weeks ago.

There comes a time when going to the car dealer is no longer feasible. When that time comes, here are some things to keep in mind about getting your car serviced. via Guam Pacific Daily News

When used-car retailer CarMax reported its fourth-quarter earnings, featuring profits down 10 percent from 2006 levels, the stock rose. via Tulsa World

Thai drivers' enthusiasm for cost-saving alternative fuels is expected to push sales of passenger cars fuelled by E20 gasohol beyond the forecast of 100,000 units this year. via Bangkok Post

“It generates a stream of purchased services over the life of the vehicle”

An estimated 130 million Americans are receiving an economic stimulus tax rebate this spring. via The Journal News

“If you have a component that's starting to fail, it's going to put stress on a related component.”

The year 2008 is turning out to be the worst year in a decade for new car sales. via KOMOradio

“People who don't think about coming in to give blood might say, 'Well, for a tank of gas, I'd try it.'”

Stores offering deals on gas through gift cards said Thursday that more people are taking advantage of their offers. via WBNS

“Even gasoline stations rang up lower sales in a month that saw gasoline prices spike. Did everyone start taking the bus?”

U.S. retail sales declined 0.2 percent in April, as consumers put a brake on purchases of fuel-guzzling sport utility vehicles, a government report showed Tuesday. via Turkish Daily News

“It's become an unfortunate cliche that many car dealers' advertising has become wrought with wordy exceptions, minute qualifiers and misleading information”

The state Attorney General has fined Saturn of West Nyack and three other Hudson Valley area automobile dealerships for making misleading claims in their advertising. via The Patent Trader

As gas prices continue to hover around record highs, consumers are putting off car purchases, but one car company is hoping a new promotion will help Them cash in and save you money. via WEHT

High gas prices isn't the only thing driving people out of their SUV's. New reports show the slowdown in sales started before all the sticker shock at the pump. via Love 94 - WLVE - 93.9 FM

“The strike is making many other potential Enclave buyers deal with the very same choices I've had to mull over the past few weeks.”

Dealers and car buyers are starting to feel the pain of a strike at General Motors Corp's Lansing Delta Township plant that is nearly a month old. via Lansing State Journal

RBC, Cowen, and Merrill Lynch issued reports Tuesday on Sirius Satellite Radio . via Seeking Alpha

Nissan Motor Co. , Japan's third- largest automaker, forecast the biggest drop in net income in nine years because of a stronger yen and weaker demand in the U.S., its most profitable market. via Bloomberg.com - Asia

“We're not talking about pushing beyond the limits of what the industry can do”

A top California regulator defended her state's work to reduce greenhouse gas emissions from new vehicles Monday, contending it would push the auto industry to innovate without limiting what consumers can ... via CBS 5

Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April. via Lubbock Avalanche

Auto sales The Issue: Gas guzzlers losing popularity Their View: Price on carbon would be step forward. via Evansville Courier & Press

“We know that the manufacturers are struggling. We know there are only a limited amount of points of sale. What are our options?”

A Carson city ordinance that has lasted at least three decades finally broke under the weight of the nation's slumping car market and resulting drop in municipal sales tax revenue. via Daily Breeze

“We're excited to see this dream and vision come to reality”

Mel Trotter Ministries opened their new auto sales center Monday, as well as a new store on 28th Street between Eastern and Madison. via WOOD-TV Grand Rapids

Gov. Timothy M. Kaine will propose boosting the titling tax on car sales and car registration fees statewide for road upkeep. via WMAL-AM Washington

“We made adjustments within a certain range of time”

A senior Toyota executive said Monday that plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown.The vehicle ... via KansasCity.com

Viterra Inc . announced May 9 that the company has closed its common share offering, announced on April 21, 2008. via Milling Journal

“Acceleration is the greatest factor wasting energy, gas and polluting. But in most traffic situations accelerating isn't going to get you there any faster.”

Those worried about ballooning gas prices can whittle their weight, keep their tires properly inflated and avoid long idles. via National Post

“I know it's going to go higher”

With everybody dishing out extra money to fuel up, many drivers are taking action. via CW Arkansas

The Pep Boys , Manny, Moe & Jack gave its former chief executive a compensation package worth $17.2 million for just over 10 months of work in 2007, but he had to forfeit 39 percent of it this year after ... via PhillyBurbs.com

Chrysler LLC expects its 2008 Dodge Challenger to be an attention grabber. But demand for the nostalgic muscle car could depend on a cost-conscious public's willingness to overlook its gas-guzzling excess. via WLNS-TV Lansing

“The dealer is going to offer a price, and the customer is going to be ticked off”

High fuel prices are causing the value of used SUVs to plummet, often below the levels in the buying guides many shoppers use to negotiate with dealers. via Daily Record

“They've not done much advertising”

Sirius Satellite Radio Chief Executive Mel Karmazin is willing to play ball with the government on possible conditions placed on his planned merger with XM Satellite Radio . via KCRA.com

Toyota Motor Corp. , the world's second- largest automaker, posted its first drop in quarterly profit in almost three years because of a stronger yen and slumping U.S. auto sales. via Bloomberg.com - Asia

“They're getting organized and running their errands at one time. Instead of going back and forth, they're getting it done at once because when gas is $3.50 a gallon you can really spend a lot of money when you're in your car all day”

As the price of gas continues to climb, many think automobile dealerships would see an obvious shift in the what type of vehicles people are buying. via WIBW-TV Topeka

“With the help of our regulatory district, our agents were able to quickly and efficiently solve this environmental crime.”

PARKER The rubber met the environmental inspector this week, and that could mean a big fine, perhaps even jail time, for a Parker car dealer. via Panama City News Herald

“If consumers are making out lists more and more, it means retailers are going to be in deeper trouble in trying to get consumers to spend more money in their stores.”

Bumping against a cloud of economic malaise, soaring prices at the gas pump are watering down demand for a completely different grade of fuel - a cup of joe. via Post and Courier

“Over the course of his 27-year career, Jeff Rachor has distinguished himself as one of the most reputable executives in the automotive retailing industry”

NEW YORK and CHATTANOOGA, Tenn., May 7 /PRNewswire/ -- MSD Capital, L.P., the private investment firm for Michael Dell and his family, and automotive retail industry veteran Jeffrey C. Rachor today announced ... via Earth Times

“The momentum is on Ford's side at this point”

Ford's most prominent new shareholder is not expected at the automaker's annual meeting Thursday, but his formidable presence will be felt. via MLive.com

“Everyone has their first day at work when things are hard”

"It's new and I'm going to love it," Nelson said. Nelson is one of a handful of clients from the Moore Center that will be staffing the small, 1950s-style diner that features chrome fixtures, neon lights and a ... via UnionLeader.com

Chrysler rolled out a bold new plan to boost sales. The company will give customers a way to buy cheaper gas. via KOMO-TV Seattle

Once again Amarillo is bucking a national trend when it comes to the economy. Amarillo National Bank just released their Economic Analysis for the past month and the news is good. via KVII-TV Amarillo

“We are obviously disappointed that UAW Local 31 took strike action at Fairfax Assembly”

A local strike on Monday at General Motors' Fairfax plant near Kansas City threatens production of one of GM's hottest-selling vehicles, the Chevrolet Malibu, at a time when the industry is struggling because ... via USA Today

Group 1 Automotive, Inc. , a Fortune 500 automotive retailer, today reported it acquired Tate BMW/MINI in Annapolis, Md., which is expected to generate $73.0 million in estimated annual revenues. via Earth Times

American Honda said today its April U.S. auto sales rose as higher demand for the automaker's small cars offset a drop in sales of light trucks. via NBC13.com

Spring is shaping up to be a tough season for the auto industry, in large part because of rising gas prices. via MyFOX11

“America has an addiction to cheap oil”

Automotive industry leaders have begun to speak out -- quite boldly -- against a proposal, being promoted by senators John McCain and Hillary Clinton, to suspend the 18.4 cents a gallon federal excise tax on ... via Central Ohio

A new diner in Manchester is unusual both for its location and philosophy. The diner at the Quirk Chevrolet Buick dealership is a partnership between the auto retailer and Moore Center Services, which helps ... via "The nashuatelegraph.com's local, sta...

“Throughout the industry, truck sales have been soft”

Automotive trends traditionally don't change nearly as fast as fashions in clothing or music. via Raw Story

Japan's new vehicle sales, excluding mini vehicles, totaled 232,993 units in April, a 6.9 percent rise on a year-on-year basis, the Japan Automobile Dealers Association said Thursday. via People's Daily Online