Car Dealer News for 16-Oct-2007
'(AFX UK Focus) 2007-10-15 16:30 GMT: Czech AAA Auto says car sales up by 32 pct in 1st three quarters of 2007 (Interactive Investor)
PRAGUE (Thomson Financial) - Vehicle sales at Czech used car dealer AAA Auto rose 32 pct year-on-year in the first three quarters of 2007, the company said in a statement.
'Township approves second car dealer (The Express-Times)
L. NAZARETH TWP. | Supervisors last week approved plans to construct a second car dealership at Jandy Boulevard and South Broad Street. Developer Brant Beach Associates proposed a Brown-Daub Suzuki dealership on about 2 acres neighboring the existing Brown-Daub Ford dealership.
'A Good Deal Auto Dealer (BusinessWeek)
S&P likes Group 1 Automotive, owner of car dealerships and service centers, thanks to its mix of popular vehicle brands, and rates the shares strong buy
'DealerTrack Cuts 2007 Profit Forecast (AP via Yahoo! Finance)
DealerTrack Holdings Inc., which provides business software to car dealers, on Tuesday cut its full-year profit target. The company did not provide a specific reason for the reduction, saying only that the new forecast reflects "third and fourth quarter costs, including those associated with the ongoing integration and expansion of the Arkona dealer management system."
'NADA Elects Texas Auto Dealer Annette Sykora As 2008 Chairman and Iowa Dealer John McEleney Elected Vice Chairman (NADA.org)
West Palm Beach, Fla., Oct. 16, 2007 ? The National Automobile Dealers Association (NADA) has elected Annette Sykora as its 2008 chairman. Sykora is dealer principal of Smith Ford Mercury in Slaton, Texas, and Smith South Plains Ford, Lincoln-Mercury, Dodge, Chrysler and Jeep in Levelland, Texas.
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