When Heritage Lincoln Mercury closed in August, the city of Tustin., felt the pain. For decades, the dealership had operated out of the Tustin Auto Center — which has 17 other franchises, from Toyota to Jeep — and it was once among the largest ...
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As Sunnyvale considers tearing down Onizuka Air Force Station and building an Onizuka Auto Mall, the future of the Sunnyvale Auto Row along El Camino Real hangs in the balance. A recession, turmoil in the credit markets and the financial struggles of ...
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Finance industry experts estimate that New Zealand’s motor dealers urgently need $250 million dollars worth of credit to keep their businesses afloat. The shortfall is due to the sudden withdrawal of large industry players GE Money and General ...
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(CBS) In 23 years, Bruce Hamlin has never seen the car business crash this hard, this fast. Three years ago he was selling 130 cars a month at his Chevy dealership in Southern California. Now, with business down 50 percent, he barely moves 60, CBS ...
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olkswagen, Audi and SEAT cars. It also specialised in new cars, fleet cars and used vehicles sales and had a £140m annual turnover. It traded from six sites in the North of England. Mr Newton said yesterday: "I am delighted to be able to confirm ...
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SAN DIEGO -- Parking vehicles along sections of certain streets in San Diego for the purpose of selling them will be prohibited under an ordinance unanimously approved Tuesday by the City Council. The law was prompted by concerns from residents who ...
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As leaders from domestic automakers prepare to return to Washington this week to ask for government help, some local car dealership managers and owners are crossing their fingers for a miracle that will keep the car manufacturers afloat -- and help ...
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