Car Dealer News for 12-Jul-2007
'Luxury car dealer Pendragon joins ?sell and lease back? stampede (icWales) THE UK?s largest car dealer Pendragon is reported to have entered into a £400m deal for the sale and lease back of its properties.
'Car dealer accused of sending phony recall notices (Lansing State Journal) ATLANTA - A consumer protection agency has filed a lawsuit against a car dealer, claiming the dealer sent out phony recall notices in a bid to increase sales.
'Backyard car seller fined $5000 (Perth Now) A "BACKYARD'' car salesman has been fined $5000 for selling vehicles without a dealer's licence, profiting thousands of dollars.
'Toyota Astra reports increased June car sales (Automotive Business Review) Indonesia-based car dealer PT Toyota Astra Motor, a joint venture between PT Astra International and Toyota Motor, has announced that its domestic car sales in June were 13,300 units, up 0.9% from 13,182 in May 2007 and cumulative sales in the six months to June were 69,075 units.
'Zimbabwe: Car Dealer Fined (AllAfrica.com) HARARE businessman Douglas Tanyanyiwa, who runs Douglas Car Sales, was yesterday fined $5 million (or 30 days) while his firm was fined $3 million for failing to display the prices of vehicles on sale.
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