Turns out car dealers don't make that much money when they sell you a new car. Car dealers made an average of $23 for every new car they sold in 20...
HuffingtonPost.com | Sharon Silke Carty | Posted 03.14.2012
Oliver Eikenberry was initially very happy with the slightly used 2009 PT Cruiser he bought three years ago. He got a car he liked and a monthly payme...
The Huffington Post | Khadeeja Safdar | Posted 03.07.2012
Thinking of buying a new car? Don't do it on Tuesday. March 6 is the worst day of the month to purchase new wheels, according to TrueCar.com--a ...
niles.patch.com | Posted 03.05.2012
“We were in competition with ourselves. We were all offering a different version of the same vehicle."...
Peter Lehner | Posted 11.20.2011
The lobbying group for car dealers wants to block new fuel efficiency standards that will save drivers $80 billion a year at the pump, saying clean car standards are a sign of "over regulation."
AP | TOM KRISHER | Posted 10.18.2011
STERLING HEIGHTS, Mich. — Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy. So Swanson, 25, ...
HuffingtonPost.com | Dave Jamieson | Posted 07.24.2011
WASHINGTON -- The National Labor Relations Board (NLRB) announced today that it has filed a complaint alleging that a Chicago-area car dealership wron...
AP | JIM KUHNHENN | Posted 05.25.2011
WASHINGTON — In a rare defeat for President Barack Obama, the Senate on Monday called for auto dealers to be excluded from the regulations of a ...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
In a memo guiding congressional Republicans on how to defeat financial regulatory reform, conservative messaging guru Frank Luntz strongly suggested f...
Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 05.25.2011
The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...
Steve Parker | Posted 05.25.2011
Another "Hail Mary" from GM? Or the real thing? Starting today and running through November, General Motors is offering buyers of their Core Four bra...
AP | KEN THOMAS and STEPHEN MANNING | Posted 05.25.2011
WASHINGTON — The popular Cash for Clunkers program generated nearly 700,000 new car sales during the past month, giving the U.S. auto industry a...
washingtonpost.com | Dana Hedgpeth | Posted 05.25.2011
The U.S. government's "Cash for Clunkers" program has prompted so many buyers to trade in their old cars for new ones that some dealers say their lots...
Harry Smith | Posted 05.25.2011
I was in Nantucket over the weekend, and I have to say I was impressed by the large number of private jets parked on the tarmac at the local airport. The rich are still doing okay.
Denver Business Journal | Mark Harden | Posted 05.25.2011
New car sales in Colorado are down 41.4 percent through the first half of the year from the same period of 2008, a steeper sales decline than the nati...
Steve Parker | Posted 05.25.2011
Dealers say that automakers will save little -- if anything -- from closing outlets.
New York Times | STEPHANIE CLIFFORD | Posted 05.25.2011
The situation is not as bad as it could be because the strong dealers, usually the biggest advertisers, largely kept their franchises. And many of ...
treehugger.com | Posted 05.25.2011
Pete's Motors in Great Barrington, Massachusetts had been around for nearly 80 years when they were forced to close their doors. Today, however the lo...
Roseanne Colletti | Posted 05.25.2011
Is it a good time to buy GM? They're offering government guaranteed warranties, rebates, special financing and significant discounts on new cars. But it might be better to wait
HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011
The owner of a soon-to-be closed car dealership got choked up today while speaking out against General Motors' and Chrysler's plans to close hundreds ...
HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011
Ralph Nader said a General Motors bankruptcy would launch "a conclusive Death Star to tens of thousands of jobs, thousands of small businesses and adv...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
The list of the more than 1,000 dealerships that GM plans to close has begun to trickle in. On Friday, GM dealerships across the country began receivi...
Posted 05.25.2011
Last week major auto companies GM and Chrysler announced they would not be renewing contracts with over a thousand car dealerships. Below are lists ...
AP | BREE FOWLER | Posted 05.25.2011
NEW YORK — A group representing Chrysler dealers said Monday it is in talks with the automaker in hopes of getting it to scale back plans to ter...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
Newspapers just can't catch a break. Even the decisions last week by General Motors and Chrysler to close nearly 2,000 auto dealerships will dispropor...
HuffingtonPost.com | Sharon Silke Carty | Posted 03.26.2012