Car Dealer News for 29-Oct-2006
'Credit Challenged Car Buyers Find Help Online (Carmi Times) (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.
'SPEED DEMON IS CAUGHT ON TAPE (New York Post) Two weeks before a lead-footed felon allegedly mowed down a Bronx cop trying to collar him, he was robbing a Queens car dealer at gunpoint, these exclusive photos show. "I was in shock," said the 27-year-old Queens victim, a porter at Baron's Auto...
'Longtime Car Dealer Gale Cable Dies (RedNova) By Ja'Rena Lunsford, The Daily Oklahoman Oct. 28--Cable Motors Inc. founder Gale D. Cable died Tuesday of cancer. He was 76. Cable is best known as an automobile dealer and businessman. Friends and family said they will remember most his honesty and integrity.
'Report: Lobbyist helped DiMasi get car deals (Boston Globe) House Speaker Salvatore DiMasi bought two luxury cars for less than their estimated value after being steered to a used car dealer by a lobbyist, The Boston Globe reported Saturday.
'Car-dealer chain's profit drops 37% (San Jose Mercury News) AutoNation, the nation's largest automobile retailer, reported Thursday that its third-quarter profit fell 37 percent as new-car sales downshifted nationally and in its biggest market -- California.
'Find the Right Lender Before You Buy a Car (Wellsville Daily Reporter) (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.
'Lobbyist steered DiMasi to car deals (Boston Globe) Over the past six years, as he rose to power on Beacon Hill, House Speaker Salvatore F. DiMasi purchased two luxury cars for considerably less than their estimated values from a used car dealer he was steered to by a top State House lobbyist.
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