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Auto Industry Package May Hinge On Trimming Dealerships: WSJ
Auto Industry Package May Hinge On Trimming Dealerships: WSJ

Car economy impacts everything
DAN ROSELAND, owner of Sonoma Chevrolet, thinks the bailout of the Big Three is necessary. David Bolling/Index-Tribune While Detroit auto executives occupy the bailout hot seat, thousands of independent auto dealerships all across the country may be the economic tail that wags the dog of the beleaguered American auto industry.

Local Pillars, Auto Dealerships Teeter as Big Three Decline
Any government help will probably come too late for thousands of dealers whose sales are evaporating along with consumer confidence and credit.

New car sales dip by more than half
The Commonwealth Automobile Dealers Association reported yesterday that new car sales fell 55 percent last month after the islands' three auto dealerships sold only 22 units in November 2008 compared to the 49 in November 2007.

Hecker suing Chrysler Financial in attempt to save business
Denny Hecker, the Twin Cities entrepreneur whose investments include everything from a pair of Monticello auto dealerships to a suburban Twin Cities night club, is suing Chrysler Financial Services in an attempt to save his business.

Eyes turn to auto start-ups' funding, aid requests
Auto start-ups join the Big 3 auto companies in looking to raise money through outside investments or government aid. The public isn't giving either group a free ride.

High school students take annual tree contest seriously
Between the recession, the holiday season and the fact that it was a Monday, there were a lot of reasons for the dealerships at the Valley Auto Mall in Henderson to be slow on Monday.

Feeling the pinch: States hit hard by auto collapse
When Heritage Lincoln Mercury closed in August, the city of Tustin, Calif., 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 Lincoln Mercury dealers in California.

Smart Car Dealer Thriving In Duke City
The sluggish economy has already caused some auto dealerships across the country to shut their doors. But one Albuquerque dealership is doing so well, its inventory is already sold out for the next year.

A Modest Proposal For The Auto Industry: Stop Building Cars
Everybody these days has some advice for the beleaguered U.S. auto industry. Bail them out. Break up the unions. Do something about the dealerships. Do something about spiraling health care and pension costs. Design cars people will love. Etc. There's always the "be more like Apple" advice that's been going around for a couple of years. Make the iPod of cars. One that people love so much that ...

What GM Could Look Like, If It Survives
Half the workers and dealerships, three brands and lower market share--but a healthy operating margin.

Car dealers offer big deals, trying to clear out lot space
In the auto world, supply and demand is the name of the game. The problem for auto dealerships is demand is way

US auto dealers in fight for survival
Car dealerships in the US are likely to decline by about 900 in the current economic downturn.

Auto troubles pummel U.S. dealer network
DETROIT, Nov. 30 (UPI) -- The National Automobile Dealers Association predicts the United States could lose as many as 900 new-car dealerships in the current economic swoon.

Local pillars, U.S. auto dealers teeter
As auto sales plunge, about 900 U.S. new-car dealers are likely to go out of business this year, and just in October, 20,000 of their employees lost their jobs.

Growth in auto industry sparks challenges in rural India
SINGUR, INDIA - For generations, Prasanta Dutta and his family, like thousands of other villagers, have depended on the vast flatlands of rural West Bengal for food and income. Covered with the golden-brown dust that blankets everything, the villages near Singur are packed with peasants and farmers who grow enough vegetables to feed local villages and large swaths of India. But more than two ...

Auto-parts boss follows his dream after layoff
When parts manager Mike Bachara saw the numbers going south at Bill Heard Chevrolet in Scottsdale, he knew it was time to ramp up the side business he had started a few years earlier.

Auto Firms? Woes Test Customer Loyalty
Don Wissel's love affair with General Motors cars started in 1960, when he bought a silver-gray Pontiac Catalina, a roomy car with modified tail fins and enough horsepower to gobble up miles on the Garden State Parkway. Since then, he's owned almost everything GM's made ? Chevys, Buicks, Olds, Caddys, and now he parks a Yukon and a Denali in his driveway in Rumson, N.J.

GM plan calls for $18B in aid; Wagoner to take $1 salary
DETROIT -- General Motors Corp.'s plan asks Congress for up to $18 billion in emergency financial aid and, in return, offers to eliminate 30,000 jobs, shutter nine plants, reopen the United Auto Workers contract and either shrink, sell or possibly kill three brands.

Local SUV sales up, dealership says
Aside from cash-strapped motorists, it's hard to imagine anyone being more excited about decreases in gas prices than the auto dealerships who sell big trucks and SUVs.

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