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The value of the inventories of 44 listed auto dealers in China has reached 29.7 billion yuan ($4.70 billion) in the first half of the year, indicating a slowdown of the country's car market, according to the China Automobile Dealers Association. The
The number of car dealerships shrunk during and after the recession, but these days sales are up and new facilities are opening as auto sales rise nationwide. New Jersey added 10 dealerships in 2011, the largest number of openings per state after
you buy crappy old cars at rock-bottom prices from desperate people; sell these crappy cars to desperate people at inflated prices; repo the cars when the desperate people run out of money; and then sell the same cars all over again.
The number of U.S. car dealerships is rising again after big declines during the recession. Consulting firm Urban Science says there were 17,767 dealerships at the end of 2011, or 108 more than at the end of 2010. In a typical
The comprehensive inventory index stood at 1.98 in June, up from 1.88 in May, according to a recent survey conducted by the China Automobile Dealers Association. The June figure is also the second highest in the first half of this year, the highest
Terry Lee Honda has been recognized in Automotive News' list of the 100 Best Dealerships to Work For. The Avon dealership was opened by Indianapolis native Terry Lee in 2009. The list, announced in the July 9 issue of the trade magazine, is based on
The raft of bad economic news may be starting to hurt U.S. auto sales. Industry analysts and dealers are saying sales during the first half of July slowed a bit from the robust pace in June. But they're still expected to exceed sales for July of 2011.
While markets in the US and Europe had decades to evolve, China's auto industry had to adapt to lightening fast changes all in the blink of an eye. In the very early days, automakers realized that building cars and selling cars are two very different
High-powered Holdens stolen in brazen heist Updated July 08, 2012 09:26:39 Two high performance cars have been stolen and four others damaged at a car dealership in Brisbane this morning...Police said the thieves broke into the showroom, located the
if you play it smart. Most three- or four-year-old cars and trucks can be surprisingly reliable, because automakers have done so much to improve the durability of every model. Used vehicles cost a lot less, too -- with an average financed amount of $