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Petrol will be costlier by seven paise per litre and diesel by four paise as the oil ministry has raised dealer margins on these motor fuels. The new rates came into effect from midnight Monday, Federation of All India Petroleum Traders chief Ajay Bansal...
Tags: Commission, Dealers, Diesel, Petrol, Prices
Within a day of Chrysler's announcing that it would drop 789 of its auto dealerships nationwide, General Motors has followed suit, announcing Friday that roughly 1,100 of its dealers were notified they will be sent packing in late 2010. Between the two...
I was sold a wrecked a vehicle from Omeara Ford, in Denver, Colorado on Dec. 26th. Had I known that the vehicle had been wrecked, I definitely would not have purchased it. It is a law that you are to be told about any additional service contracts...
Tags: cars, dealers, dealerships, car purchases, denver, colorado, Omeara Ford, ford, omeara
But although the last quarter showed clearly that the good times are over, experts say that it's been a pretty good year...Russia remains a robust market with strong consumer demand. To date, Russians have been spending well over 70% of their income...
Amid the myriad problems facing the Big Three automakers, one is often overlooked — a costly, inefficient network of dealers. But while thousands of dealers are likely to disappear in coming years, there is little the auto industry can...
Tags: Auto manufacturers, Bailout, dealers, fail
Conn.—A group representing about 300 car dealers in Connecticut is asking state leaders to temporarily reduce or lift the 6 percent sales tax on new cars and trucks. The Connecticut Automotive Retailers Association says it could help people afford to...
Tags: unemployment, dealers, bailout, financial, lift, jobs, auto
That's just hard for me to consider what that would do to the entire economy," agreed Tyler Corder, chief financial officer for Findlay Automotive Group, which operates 21 domestic and foreign car dealerships. Wayne Frediani, executive director of the...
September data showed the biggest monthly decline since December 1991, according to industry-research firm Autodata. It was the 11th month in a row that the industry has seen sales declines. "February 1993 was the last time that fewer than 1 million new...