Car Dealer News for 20-Dec-2006
'CarMax Posts 98 Percent Profit Gain, Boosts Outlook (Update6) (Bloomberg.com)
Dec. 20 (Bloomberg) -- CarMax Inc., the largest used-car dealer in the U.S., said third-quarter profit almost doubled and raised its full-year forecast for the second time in three months as customers bought more luxury cars and light trucks.
'City Considers Seizing 2 Properties: Car Dealer's Lot, Shopping Plaza Wanted for Parks (RedNova)
By Juan Ortega, South Florida Sun-Sentinel Dec. 19--Lauderhill city commissioners will decide this afternoon whether to take legal action to seize land from a car dealership and shopping center in separate parts of the city.
'Find the Right Lender Before You Buy a Car (Waynesboro Record Herald)
(ARA) - If you're in the market for a new car, there's more to take into consideration than just the make, model and features you'll be getting. You also have to figure out how you're going to pay for it.
'CarMax Posts 98 Percent Profit Gain, Boosts Outlook (Update2) (Bloomberg.com)
Dec. 20 (Bloomberg) -- CarMax Inc., the largest used-car dealer in the U.S., reported a 98 percent jump in third-quarter profit and raised its fiscal 2007 earnings forecast for the second time in three months as customers bought more luxury cars and light trucks.
'Credit Challenged Car Buyers Find Help Online (Kewanee Star Courier)
(ARA) - Eighty percent of all Americans have at least one blemish on their credit reports. And a third of all consumers have credit scores so bad that they may have difficulty securing a car loan.
''Abhorrent' car dealer jailed for child abuse (The Comet)
A car dealer has been jailed for seven years for sexually abusing five young girls over a 14-year period. Graham Pope, 67, had taken advantage of the girls aged mainly between seven and 10 when they stayed over in his homes in Hinxworth, Ashwell and Guilden Morden as friends of his two daughters.
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