CarDealer
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0FOLLOW-UP: Brother of dealer who died torching own cars found dead 1238167740
As we reported earlier, Gregory Graham, a third-generation car dealership owner in Ligonier, Pennsylvania tragically died of a heart attack last month while setting fire to the cars on his lot. His company, Graham Colonial Motors, was evidently burdened by more than a million dollars in liens, in ...
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REPORT: Struggling dealer died of heart-attack while torching his own cars 1236621480
With each passing day bringing more tough news about the state of the car companies and the plight of the autoworker, it's sometimes easy to overlook the effect that all of this economic gulag is having on mom-and-pop dealerships across the country. Bringing that idea into stark focus is news that ...
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Flashy "Taj Mahal" dealerships hit hard by downturn 1234445460
Like those affected by the overinflated housing market, many auto dealers are experiencing a similar situation with their real estate. During the recent boom times, the thinking was that you needed a big, flashy facility with all sorts of extras and perks to attract customers. Manufacturers helped ...
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NADA estimates 700 dealers will close in 2008 1225283280
The sun will set on an alarming number of new car dealerships this year, according to The National Automobile Dealers Association, better known as NADA. This has been an ongoing trend, but it's set to accelerate as slowing new car sales and the tough credit market makes it very difficult for ...
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Car dealer kills two workers who asked for raises 1185984480
Two employees at an East Point car dealership were shot dead by the owner for having the audacity to ask for a raise. Sounding like something you'd hear about a drug running syndicate as opposed to a used car lot, shop owner Rolandas Milinavicius apparently snapped and shot both employees in the ...
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America's oldest Buick dealer to close after century in business 1149887160
America's oldest Buick dealership, Geise Buick Pontiac in Quincy, Illinois, is closing. After 100 years, descendents of founder Henry Geise Sr. have decided to sell the dealership's assets to Poage Auto Plaza. Both Pontiac and GMC franchises will be moved to another location, and be sold ...
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Chrysler sells more certified pre-owned in March 1144620000
The Chrysler Group's "Brand Spakin' Used" certified pre-owned (CPO) vehicles are flying off dealership lots, if a recent press release sent out by Chrysler is any indication. The automaker reports that March was a record for selling CPO vehicles, with dealers reporting ...
