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Auto Dealer News

Auto Dealers news continually updated from thousands of sources around the net.

3 hrs ago | Kansas City Star

Finger-pointing begins as Senate nixes auto vote

A Democratic Congress, unwilling or unable to approve a $25 billion bailout for Detroit's Big Three, appears ready to punt the automakers' fate to a lame-duck Republican president.

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Related Topix: US News, US Politics, George Bush, W., GMC GM, GMC

8 hrs ago | HendersonvilleNews.com

A Sea of Unwanted Imports

Gleaming new Mercedes cars roll one by one out of a huge container ship here and onto a pier.

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12 hrs ago | Flint Township/Swartz Creek Advance

Chinese automakers, hit by slowdown, ask for help

While U.S. automakers plead for emergency loans from Washington, China's still-young car manufacturers are also appealing for their government's help amid a sales slump.

Comment?

16 hrs ago | KPRR-FM El Paso

The carmakers are feeling the affects of the current economic downswing.

Reeling from a relentless sales slide, Toyota Motor Corp said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co renewed its pessimism over the ...

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Related Topix: Toyota Motor, Automakers

20 hrs ago | Arizona Daily Star

Beaudry RV files for bankruptcy reorganization

Beaudry RV Co. has filed for Chapter 11 bankruptcy protection in what the company says is mainly a bid to restructure its debt.

1 comment

Related Topix: Tucson, AZ

Tue Nov 18, 2008

KMOV-TV Saint Louis

Car dealer Sinclair endorses $25 billion lifeline

Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, pointedly warning of a national economic catastrophe should ...

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Related Topix: US News, GMC GM, GMC, Pontiac Montana, Pontiac, Automakers, General Motors

Gulf Times

EU divided over auto bailout as carmakers seek $50bn aid

EU sources said the European Commission would propose ways of helping the auto sector in the 27-nation bloc next week as part of a broad package of economic stimulus measures to deal with the worst financial ...

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Related Topix: US News, Europe, World News, Germany, Angela Merkel, Italy, Circulation, Medicine, Health

KMGH-TV Denver

Colorado Car Dealers Slashing Jobs Amid Slump

Colorado car dealers say they're laying off workers because sales are plummeting, and they want Congress to step in to keep U.S. automakers afloat.

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Related Topix: Denver Metro

CBS2Chicago.com

Buy One Car, Get Another For $1 In Oak Lawn

Nov 18, 2008 7:34 am US/Central OAK LAWN, Ill. Buy one at full price, get the second for a buck.

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Related Topix: Oak Lawn, IL, Chrysler PT Cruiser, Chrysler, Orland Hills, IL

Reuters

Ford abandons Mazda control with 20 percent stake sale

Ford Motor Co, scrambling for cash as the U.S. Big Three automakers struggle to stay alive, will end 12 years of control of Mazda Motor Corp through the sale of a 20 percent stake in the Japanese carmaker for ...

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Related Topix: Mazda Mazda3, Mazda, Mazda Mazda6, Automakers, Ford Motor, Marketing

Pasadena Star-News

Auto bailout: A Washington issue beyond lobbying?

Judging from the lobbying lineup, legislation to bail out the auto industry should be assured of passage.

Comment?

Related Topix: US News, Automakers, General Motors

Mon Nov 17, 2008

WJLA-TV Arlington

D.C. Shuts Down 23 Used Car Dealers

D.C. Mayor Adrian M. Fenty has announced plans to close 23 used car dealerships across the city.

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Related Topix: Offbeat

The Daily Breeze

Industry gloom to cast shadow on L.A. Auto Show

New cars are supposed to be the main attraction when the Los Angeles Auto Show kicks off Wednesday, but dreadful U.S. sales, bailout hearings in Congress, and General Motors' decision to all but pull out of the ...

2 comments

Related Topix: Automakers, Cable & Satellite, Telecom, General Motors, Television, Washington

The Age

VW sales slip in October

Auto sales by European giant Volkswagen slumped in October but held up better than the market as a whole, figures show.

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Telegraph.co.uk

Car glut forces 2000 price cuts

Car buyers are enjoying record discounts, with dealers cutting nearly 2,000 from the price of the average new vehicle, a survey discloses today.

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Sun Journal

Auto dealerships close in New Bern, Kinston

New Bern Mazda Suzuki on U.S. 70 closed this week because of low recent sales, a general manager said Wednesday afternoon.

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Related Topix: Mazda, Lenoir County, NC

The Boston Globe

GM's failure would bring pain, new landscape

The failure of one or more of the Big Three automakers would put a huge initial dent in American manufacturing, but in time foreign car companies would pick up the slack by stepping up production in their ...

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Related Topix: Automakers, General Motors

Sun Nov 16, 2008

Atlanta Journal-Constitution

A Record Decline in October's Retail Sales

Dragged down by plummeting automobile sales, retail sales fell by a record amount in October, the Commerce Department reported on Friday.

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Related Topix: Financial Markets

The Globe and Mail

Bankruptcy would be a devastating': GM Ceo

Chief Executive Officer Rick Wagoner said Sunday. "This is an issue of the whole auto industry, if that becomes under severe pressure, the impact on the whole U.S. economy will be devastating," Mr.

4 comments

Related Topix: GMC GM, GMC, Automakers, General Motors, US News

Maktoob Business

Opel asks for German public loan guarantees

German carmaker Opel, a unit of troubled US giant General Motors, said on Friday it has asked Berlin and regional states for credit guarantees to ensure its financing.

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Related Topix: Europe, World News, Germany

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