Posts Tagged ‘Auto Dealer’

Dealers go to great lengths to make Taj Mahals work

When auto dealer Gary Grossinger calls himself “the craziest guy in Chicago,” he’s not talking about his low-priced deals. He’s talking about his Taj Mahal dealership.

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Detroit area Ford dealer George Gorno dies at 61

Auto dealer George Gorno, a former member of the Ford National Dealer Council and a past director of the National Automobile Dealers Association, died today at 61.

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Senators seek answers on auto dealer closures

Nearly two dozen members of the U.S. Senate sought answers today from General Motors and Chrysler on efforts to resolve complaints from dealers who lost business with the car companies.

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Senators seek answers on auto dealer closures

Nearly two dozen members of the U.S. Senate sought answers today from General Motors and Chrysler on efforts to resolve complaints from dealers who lost business with the car companies.

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Chrysler poised to return to leasing, sources say

Just three months out of bankruptcy, Chrysler Group is preparing for a likely return to consumer leasing, say auto dealer sources briefed on the plan by the company.

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Chrysler poised to return to leasing, sources say

Just three months out of bankruptcy, Chrysler Group is preparing for a likely return to consumer leasing, say auto dealer sources briefed on the plan by the company.

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Auto dealer Penske Q2 profit tumbles 63%

Penske Automotive Group Inc. today said it posted a 63 percent decline in quarterly profit as the recession hurt consumer demand for new vehicles. The second-largest U.S.

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Virginia dealer Don Beyer nominated for ambassadorship

Virginia auto dealer Don Beyer is President Barack Obama’s choice for U.S. ambassador to Switzerland and Lichtenstein. Obama said last week in a statement he planned to nominate Beyer, who owns five Virginia dealerships.

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Ray Cohen, auto dealer advocate, dies at 84

Ray Cohen, a former Dodge retailer and advocate for dealer causes, died June 7. He was 84.

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Pa. dealer dies while torching his vehicles

Pennsylvania auto dealer Gregory Graham died of a heart attack while torching new vehicles at his struggling dealership, police said last week. Four flaming cars drew firefighters to Graham Colonial Motors at 2 a.m. on Feb. 17.

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Dealers barely in black

U.S. auto dealer profits slid to a nearly two-decade low in 2008 and could fall even more this year. According to the National Automobile Dealers Association, the average dealership made a net pretax profit last year of just 1.

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AIADA board member at center of offshore tax-fraud trial

In January 2003, federal prosecutors say, auto dealer Jamie Auffenberg told an undercover Internal Revenue Service agent that when Auffenberg went to the U.S. Virgin Islands, he made a point of recruiting people to share meals or go fishing.

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Dealers press Congress for auto aid

More than 100 auto dealers and state dealer association executives are here this week to lobby for emergency federal loans to automakers — and to safeguard their own interests, their leaders say.

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Dealer Denny Hecker hospitalized after accident in Minn.

Minneapolis auto dealer Denny Hecker was hospitalized last night after an auto accident in Plymouth, Minn. Hecker, 56, is in fair condition at North Memorial Medical Center in Robbindale, Minn.

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