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car dealers

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    DetNews: Ford's slow revival of Lincoln taking heat from dealers
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    2010 Lincoln MKT – click above for high-res image gallery
    In a nutshell, the problem with Lincoln is that on the Taurus SHO launch, Ford brought along an Audi A6 4.2 for comparison's sake. Says one Lincoln dealer, "It's hard to sell a $48,000 MKS when the Ford guy down the street has a ...

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    It's On Like Donkey Kong: Jilted Hyundai Genesis Coupe buyer jilted again, lawyers up
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    This ended about how we predicted. You all no doubt remember McFly, the guy that won a legit eBay auction for a slightly used Hyundai Genesis Coupe 2.0T for $16,125. Problem was that the seller – Glenn Hyundai of Lexington, KY – felt the car was worth more ($19,700) and refused to ...

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    REPORT: Stand-alone Lincoln-Mercury dealers being scaled out of existence
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    In 2006, Ford began to shrink its dealership network in order to more efficiently align its distribution network. Three years later, it appears that the hardest hit are the company's stand-alone Lincoln-Mercury dealerships. While there were 619 Lincoln-Mercury dealerships nationwide just a few ...

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    REPORT: Rejected GM, Chrysler dealers telling their story on YouTube [w/VIDEO]
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    Holdiman Motor terminated dealer plea - click above image to watch the video
    Since government money washed in to pump out General Motors' and Chrysler's swamped and nearly sunken businesses, there's been little mention of the cuts to the dealer base that both automakers have made as part of their ...

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    REPORT: Credit lines increasingly hard to come by for auto dealers
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    Like him or loathe him, George W. Bush's clearest, most salient speech came almost a year ago on September 25, 2008 when our Harvard MBA president explained to the nation and the world exactly how bad the economy had gotten and why so much federal money ($700 billion-ish at the time) was being ...

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    House reportedly approves measure to restore dealerships despite bankruptcy blows
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    One of the more controversial parts of the Chrysler bankruptcy was the decision to cut 789 dealerships by June 9. The move made for a quick, painful end to dealerships that in some cases spanned several generations of family ownership. When General Motors entered bankruptcy, it said it would cut ...

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    BREAKING: Chrysler 'rejects' 789 dealers nationwide, works to pare network by 25% by June 9
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    Chrysler has just announced that it will 'reject' some 789 of its dealerships by June 9 as it works to downsize through Chapter 11 bankruptcy restructuring. That represents a 25% cut in its dealer networks, leaving 2,392 Chrysler, Jeep, and Dodge dealers to carry on if the automaker is able to ...

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    Flashy "Taj Mahal" dealerships hit hard by downturn
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    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
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    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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    GM working to shrink its dealer network, Pt. 2: introducing GM Collections
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    Yesterday we wrote about GM's intent to shrink its 14,118-strong dealer network, with one idea to combine Pontiac, Buick, and GMC dealers into larger, more modern flagship outlets. Turns out that was only part of the plan: according to Automotive News, "General Motors is preparing to make public a ...

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    GM working to shrink its dealer network
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    At the end of World War II, GM "put a dealership in every little hamlet" to keep up with the postwar boom. Sixty years later, in 2005, long after that boom had ended and every domestic maker was losing market share, GM had 15,094 dealerships. By 2007 GM had reduced that to 14,118 dealers. But if GM ...

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