Car Dealer News for 23-Oct-2006
'Courier jailed after crack found in car (The Evening Telegraph) A CRACK cocaine dealer has been jailed for five years after he was caught by police following a high-speed chase.
'New car sales boost retail sector in August (Investment Executive) Canadian retailers posted widespread gains in August, led by a second consecutive advance in new car dealer sales, Statistics Canada reported today. Retail sales advanced 1.0% to $33.4 billion in August, StatsCan said.
'Proton Cars UK Continues To Increase Dealer Network (The Auto Channel) NORWICH, England - October 23, 2006: Proton Cars has continued its successful dealer recruitment drive and added a further seven dealerships to the network in the third quarter, giving the company a total of 23 new recruits so far this year.
'Find the Right Lender Before You Buy a Car (Benton Evening News) (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.
'Car loans open doors (Louisville Courier-Journal) Emma "Matty" Yturralde was the exact opposite of a bank's dream borrower: A newly divorced single mom with a $13-an-hour job. Her life changed in 2003 with a $2,000 grant for a car and a $4,000 auto loan at 4 percent interest through a nonprofit program called Ways to Work, which enabled her to buy a 2001 Daewoo Lanos. The store where she worked closed a few months later, but she was able to
'Credit Challenged Car Buyers Find Help Online (Hornell Evening Tribune) (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.
'Proton Cars UK Continues To Increase Dealer Network (carpages) Proton Cars has continued its successful dealer recruitment drive and added a further seven dealerships to the network in the third quarter, giving the company a total of 23 new recruits so far this year.
'Old Post Office has new owner set on its restoration (The Buffalo News) LOCKPORT - A Lockport native, now a used-car dealer in Phoenix, has purchased the Old Post Office and two other city buildings.
'New cars lead the way as August retailers post widespread gains (Canadian Business) OTTAWA (CP) - Retailers posted widespread gains in August, led by a second straight advance in new car dealer sales. Retail sales advanced one per cent to $33.4 billion in August, maintaining a strong trend of general growth through 2006.
'Dealer Surplus (Forbes) Having too many showrooms is bad for car dealers. So why don't carmakers do something about it?
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