May 17, 1987 |
Though he has managed to parlay his passion for automobiles into a $700-million-a-year transportation conglomerate by selling thousands of Cadillacs, Toyotas, Hondas, Saabs and Sterlings, megadealer Roger Penske doesn't spend much time in cars these days. Penske's turbo-charged life style requires a Learjet and a bevy of helicopters. They help keep him in close touch with his company's 4,750 employees, who are scattered among 302 facilities in 37 states.
March 5, 1998 |
A Southern California Nissan dealership, trying to boost business by billing itself as a "factory outlet," has drawn fire from competing dealers who say the ads could mislead customers into thinking they can get special factory-authorized discounts and deals there. The television and radio ads by Foothill Nissan in La Crescenta are being reviewed by attorneys for Torrance-based Nissan Motor Corp. USA.
September 28, 1989 |
Maverick car dealer Ron B. Tonkin, on a nationwide tour to pressure car manufacturers to improve relations with dealers, breezed into car-crazed Southern California this week in hopes of enlisting some of the country's largest dealers in the campaign. Tonkin, a combative 58-year-old car dealer from Portland, Ore., who is president of the National Automobile Dealers Assn., said he plans to deliver to the board of the 800-member Southern California Motor Car Dealers Assn.
July 13, 2000 |
Toyota Motor Corp.'s Lexus luxury line once again topped the field and General Motors Corp.'s Saturn unit bounced back to capture second place--and the attendant bragging rights--in J.D. Power & Associates' annual dealership service rankings, announced Wednesday. The same survey found Ford Motor Co.'s nationwide dealer network to be below average.
February 5, 1989 |
The state Department of Motor Vehicles has filed new charges against the Brett Mitchell Chevrolet dealership in the Compton Auto Plaza, alleging that the firm defrauded a finance company. The Mitchell dealership closed in December after the DMV suspended its operating license for alleged sales and tax irregularities. In January, the state canceled the license, claiming that for two years Mitchell did not file corporate information required by the secretary of state.
May 1, 2009 |
Chrysler dealers have been through the wringer before, and although Chrysler's bankruptcy on Thursday has many worried about a sales slide, most are staying optimistic. "This is completely uncharted territory, and there are still so many unknowns," said John Sackrison, executive director of the Orange County Automobile Dealers Assn. "Bankruptcy is not the preferred option, but each day we're learning a little bit more, and the dealers will come out stronger on the other side of this."
September 21, 1995 |
An association representing most of the nation's auto dealers agreed Wednesday to settle a Justice Department complaint that it urged its members to engage in price-fixing and other anti-competitive schemes. The agreement settled a lawsuit accusing the National Automobile Dealers Assn. of promoting pricing programs that, in some cases, could have cost consumers as much as $1,000 per car, Justice Department officials said.
March 25, 1999 |
Thousands of new-car dealers who have joined the electronic commerce revolution by launching Web sites might just as well have hung out "Open" signs and then locked their doors, according to a J.D. Power & Associates research report to be released today.
October 14, 1991 |
Charles and Susan McBryde thought they had found the perfect buy in a used car. The clean 1987 Honda Accord was for sale by a private party--a big, jolly man who said he had gotten the vehicle in a recent divorce settlement, but didn't need it. The charcoal-gray sedan ran well, had a sunroof, electric windows and only 49,000 miles on the odometer. The McBrydes bought it for $7,000. That was June 4. Two weeks later, the car's clutch went out. Repair cost: $456.
May 16, 2009 |
The painful reshaping of the American auto industry hit home this week, delivered overnight by FedEx and UPS. Over the last two days, General Motors Corp. and Chrysler moved to cull nearly 2,000 of their dealers, with at least 1,000 more to come. And Chrysler indicated that it was likely to break its contracts with hundreds of parts suppliers, setting the stage for yet another blow to American manufacturing. The sweeping cuts were a reminder that the decades-long decline of the U.S.