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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: car dealers

car dealers stories: 31 news summaries

21 - 31 of 31 Stories | << Prev 1 2

(Newser) - GM plans to discontinue its underperforming Pontiac line, putting an end to the brand that inaugurated the era of the muscle car, CNNMoney reports. Though GM has not publicly announced the move, the fate of Pontiac has been in doubt since at least 2005, when an exec called the brand... More »

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General Motors recession Pontiac car dealers Buick brand

Tax Breaks for Car Buyers Added to Stimulus Package

Senate approves boost for auto industry as sales hit 27-year low

(Newser) - A new boost for automakers and car dealers has been added to the stimulus package before the Senate, reports the Los Angeles Times. The amendment—made on the same day that US car makers reported their worst sales in 27 years—would create an income tax deduction for both sales... More »

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taxes auto industry car dealers economic stimulus package tax credit Barbara Mikulski

OPINION

No Hope for Detroit Until
We End Rip-Off Financing

The indebted consumer can't afford cars


(Newser) - Congress' plan to bail out Detroit ignores one fundamental problem: Americans owe so much on their current cars—often more than the vehicles are worth—that they can't buy new ones, writes Stephanie Mencimer in Mother Jones. Detroit—along with the "great scourge of the American consumer market: the... More »

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Congress Detroit car dealers subprime crisis auto bailout

 And on the 
 Seventh Day, 
 They Stop 
 Selling Cars 

In 14 states, Blue laws keep dealerships closed ... and that's just fine with them

(Newser) - With the American auto industry in dire straits, you might think dealers would be working 24/7 to move merchandise. But in 14 states and scattered counties elsewhere, Sunday sales are against the law—and many dealership owners like it that way. The Wall Street Journal visits Rhode Island to look... More »

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auto industry car dealers auto sales Blue laws

SUV, Pickup Sales Rebound as Price of Gas Drops

But big trucks are becoming scarce as automakers retool for fuel efficient models

(Newser) - Gas prices are down and the sales of SUVs and pickup trucks are accelerating, albeit only into second gear, reports the Wall Street Journal. As gas edges closer to $2, buyers are picking up bargains on the big gas guzzlers dealers couldn’t give away couple of months ago.... More »

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fuel efficiency auto industry car dealers SUVs pickup trucks

 Chrysler to Scrap Leasing

Struggling automaker says it will focus more on financing loans

(Newser) - Chrysler will no longer offer auto leases through its financial arm, due to the declining value of used automobiles, particularly trucks and SUVs, the Detroit Free Press reports. Instead, it plans to focus on financing, which could lead to better deals for those who buy cars through loans. Given... More »

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Chrysler SUV trucks car dealers lease financing

Drivers Order Big Extras for Small Cars

Downsizing buyers want jumbo comforts in smaller vehicles

(Newser) - American drivers are ditching their SUVs for smaller vehicles in droves—but they're cramming in all the extra comforts they can, reports the New York Times. Buyers are spending thousands on bonus features such as heated leather seats and top entertainment systems. The trend gives a rare glimmer of hope... More »

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fuel efficiency auto industry car dealers Mini Cooper Toyota Yaris small cars

 Buy Car, Get Gun Free 

Have gun, will travel: Dealer offers pistol bonus

(Newser) - Sales have shot up at a Missouri car dealership with a novel new promotion, reports the BBC. Anybody buying a new car at Max Motors before the end of the month gets a $250 gas card—or a gun. The "God, Guns and Gas" deal was inspired by Barack... More »

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Barack Obama gas gun sales Missouri car dealers guns

 Mercury Line
 May Hit the
 Scrap Heap 

Sales have slipped from half a million annually to 168K last year

(Newser) - Once a four-wheeled icon of cool, Ford's Mercury brand is steadily losing traction and may soon be parked for good, the Los Angeles Times reports. Ford has not yet announced a plan to scrap the line, but one key stockholder is urging the company to let it go.  "... More »

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retirement Ford auto auto industry car dealers auto sales Mercury dealership cars

Mexico Bans All Car Imports— Except '98s

New law allows only 10-year-old jalopies across the border

(Newser) - For used-car shoppers in Mexico, 1998 is about to become a very popular year. Starting today, only 10-year-old cars—nothing newer, nothing older—can be imported in Mexico, a move designed to curtail the flood of “vehiculos chatarra,” or jalopies, clogging the streets. Before the change, imports needed... More »

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Texas Mexico imports trade Mexican border car dealers used cars jalopies cars

Chrysler Plan Cuts Dealers, Overlapping Models

To return to profitability, car maker may restructure its vehicle and dealer lineup

(Newser) - Clued-in dealers say Chrysler is considering a restructuring plan to simplify its lineup: Chrysler dealers would sell all the company’s passenger cars, Jeep dealers would carry only Jeeps and SUVs, and Dodge dealers would handle commercial trucks and pickups. The reorganization would allow Chrysler to eliminate overlapping models and... More »

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Chrysler Cerberus Capital Management automaker Dodge auto industry car dealers cars

21 - 31 of 31 Stories | << Prev 1 2