Car Dealer News for 14-Feb-2006
'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.
'Car auctioneer goes bust (News Interactive)
AUSTRALIA'S largest car auction dealer has gone into voluntary administration with debts expected to reach $60 million.
'Belfast Lexus dealer out-sells any other in Europe (AutoWired)
CHARLES HURST'S Lexus dealership is Belfast is claiming the top sales spot throughout the entire European Union. The Lookers-owned dealership registered more cars than any other dealer in the EU in January and says it is confident of doing the same in February.
'CAR TALK | TOM AND RAY MAGLIOZZI: SUV dealer's big-bang theory needs more testing (The Charlotte Observer)
Q. I have a 2005 Chevy Tahoe LS that I just purchased. The entire time that I'm driving, and even after the car has been shut off and I'm no longer in the vehicle, there are very loud bangs that come from somewhere under the car. It sounds like gunfire. I'm told it's the catalytic converter expanding. The dealer says that it's normal, yet I don't hear anyone else's Tahoe making these noises. Is
'Ford dealer head pleased with direction of automaker (KBCI Boise)
ORLANDO, Fla. The northern Idaho car dealer who heads the national council of Ford dealers says he's pleased with new plans by the automaker to give them more notice of marketing efforts so they can order cars in advance for their lots.
' SECOND-HAND CAR DEALER HAS APPLICATION TO PURGE HIS CONTEMPT DISMISSED (Government News Network)
Convicted second-hand car dealer Christopher Fulke-Greville has had an application to purge his contempt dismissed.
'FORD DEALER HEAD PLEASED WITH DIRECTION OF AUTOMAKER (KPVI-TV)
ORLANDO, Fla. (AP) -- The northern Idaho car dealer who heads the national council of Ford dealers says he's pleased with new plans by the automaker to give them more notice of marketing efforts so they can order cars in advance for their lots.
'Car auction dealer opts for voluntary administration (Brisbane Courier Mail)
AUSTRALIA'S largest car auction dealer has gone into voluntary administration with debts expected to reach $60 million. There are also allegations of $1.5 million in fraudulent and unauthorised transactions.
'Car makers drive out of used lane (The Economic Times)
The manufacturer-sponsored pre-owned car businesses of Ford, Hyundai and General Motors have either been put on the back burner or have closed.
'United Auto Group 4Q Profit Rises (AP via Yahoo! Finance)
car dealer United Auto Group said Tuesday its fourth-quarter profit rose 15 percent, bolstered by improved gross margin and a solid increase in same-store retail sales.
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