AUTO DEALERS NEWS & INFORMATION
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Friday, November 21, 2008
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LATEST AUTO DEALERS NEWS:
Car dealers ask Ottawa to support auto sector
Canadian car dealers are predicting a record sales year in 2008, but fear a credit crunch and US auto manufacturers' woes could still force several shops to close, their association said Friday. Car dealers pitch for auto sector aid Car dealers are heading for near-record sales this year but asked the federal government on Friday to help auto manufacturers and to make it easier for dealerships to get financing. More consolidation expected among Kentucky auto dealers Longtime area auto dealer Jack Kain said Friday that he sees potential for more dealership consolidation around Kentucky as the auto industry crisis worsens. The slowdown in sales already has led to the closing of some dealers. Earlier this summer, Jeff Sachs Autopark in Frankfort closed after more than a decade in business, as did the Johnny Watkins dealerships in London. Just this ... Ontario mayors, auto dealers call for federal help A group of Ontario mayors as well as the Canadian Automobile Dealers Association added their names to a growing list of those pressuring Ottawa to move quickly to help the auto industry or risk a nationwide crisis. Friendly Auto Dealers Retains DME Capital to Provide Global Investor Relations Program Friendly Auto Dealers announced today that they have retained DME Capital, LLC, a NY-based investor relations firm, to initiate a global investor relations program. Car dealers put best foot forward at Auto Show CHARLOTTE, N.C. -- With the auto industry in turmoil over a bailout that Congress isn't enthusiastic to give, Charlotte's auto dealers are putting on a brave face to host their annual Charlotte International Auto Show. Dodd to meet with Connecticut dealers as chance for quick auto bailout fades U.S. Sen. Chris Dodd will return to Connecticut from Washington, D.C., Friday to meet with Connecticut auto dealers on how a stalled $25 billion bailout |







