Car Dealer News for 03-Feb-2006
'William Wink Jr: Dealer Took Pride in Car Business (RedNova) By Joe Rossiter, Detroit Free Press Feb. 2--William J. Wink Jr. took immense pride in being an informed businessman. The second-generation auto dealer and former owner of Wink Chevrolet in Dearborn relished talking to the people behind the scenes in his industry.
'Pendragon raises Vardy offer to 900p (ShareCast via Yahoo! UK & Ireland Finance) car dealer Pendragon today moved to seize control of Reg Vardy with an increased offer of 900p per share, dismissing its previously mooted three way merger.
'Car Customization Catching On (The Auto Channel) Washington DC February 3, 2006; The AIADA newsletter reported that more cars are being customized to specification of car buyers who order particular parts in advance and are willing to wait, reports USA Today.
'Car sales down by 20 percent (Saipan Tribune) Car sales during the month of January this year posted a 20.81-percent decline compared with the same month last year. Statistics from the Commonwealth Auto Dealer's Association showed that there were 118 cars sold last month; in January 2005, there were 149 sold vehicles.
'Car dealer settles suit with state for $7.1 million (Fort Wayne News-Sentinel) LOUISVILLE, Ky. - A car dealer will pay $7.1 million to settle a lawsuit by the Kentucky attorney general accusing it of selling substandard cars and trucks at inflated prices.
'Jail for car dealer in £58m tax fraud (Ellesmere Port Standard) A USED car dealer from Ellesmere Port has been jailed for six years after taking part in a £58 million VAT fraud. Daniel Charles Jones (47), of Chester High Road, Ledsham, was sentenced at Birmingham Crown Court on two counts of cheating the public revenue.
'Battle of the car dealers hots up (BBC News) Britain's biggest car dealer, Pendragon, raises its offer for rival Reg Vardy to around £506m ($899m).
'Car Dealer Pays $7.1 Million To Settle Suit (WRTV Indianapolis) A Carmel-based car dealer will pay $7.1 million to settle a lawsuit by the Kentucky attorney general accusing it of selling substandard cars and trucks at inflated prices.
'Car crashes into building, injuring 6 (UPI) LOS ANGELES, Feb. 3 (UPI) -- A car traveling at high speed Friday crashed into a building housing a pregnancy clinic in Los Angeles, injuring six people, some critically.
'Pop queen 'supplied cannabis' to drug dealer (Sunday Mail) THREE time Queen of Pop Allison Durbin supplied cannabis to Giuseppe "Joe" Barbaro, the convicted drug dealer made famous by the kidnapping of his baby girl, Montana, a court has been told.
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