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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: dealership

dealership stories: 6 news summaries

(Newser) - A spending bill passed by the House last night includes a provision to reopen hundreds of Chrysler dealerships and prevent the closing of over 2,000 more planned by GM, the Detroit News reports. The measure, opposed by the White House, will force the automakers to give dealers targeted for... More »

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Chrysler • General Motors • House of Representatives • auto industry • car dealers • dealership • auto bailout

 As Dealers Dwindle, 
 Car Prices Set to Balloon 

Lack of competition expected to drive up GM, Chrysler's prices

Jun 8, 09 2:05 PM CDT
(Newser) - The shake-up of America's auto industry will mean fewer auto dealers but the streamlining won't be making the cars any cheaper, experts tell the Boston Globe. Chrysler and General Motors are likely to turn to the Japanese model of fewer brands and fewer dealers when they emerge from bankruptcy, and... More »

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Chrysler • General Motors • auto industry • car dealers • dealership

UPDATED

 GM to Close 1,100 Dealerships  


May 15, 09 9:20 AM CDT
(Newser) - GM has sent termination notices to 1,100 of its 6,000 US dealerships as part of its plan to eventually shutter 42% of its retail network, CNN reports. The dealers have been notified that their contracts won't be extended next October, and some will shutter this year, a GM... More »

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cost cutting • General Motors • auto industry • dealership • financial crisis

(Newser) - African-American and Latino car dealers will likely take a big hit in the dealership closures announced by Chrysler and planned at GM, the Wall Street Journal reports. The minority dealerships, located mainly in urban areas, have faced stiff competition as business has moved increasingly to suburbia. “We're more... More »

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Chrysler • African Americans • General Motors • minority • Latinos • auto industry • car dealers • dealership • Jay-ZTV

When a Wealthy Jock Needs a Ride...

Macky Dancy has a Rolls or Lamborghini, even for a Mets pitcher

Jun 22, 08 12:28 PM CDT
(Newser) - Macky Dancy has a deal for you, if you're a millionaire athlete with $200,000 to drop on an upscale ride, the New York Times reports. The 31-year-old salesman, based on Long Island, has delivered Rolls Royces and Lamborghinis to athletes like Allen Iverson and Zab Judah—yet admits he's... More »

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dealership • cars • professional athletes

 Mercury Line
 May Hit the
 Scrap Heap 

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

May 10, 08 6:52 PM CDT
(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

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