Car Dealer News for 05-Sep-2006
'Credit Challenged Car Buyers Find Help Online (Wellsville Daily Reporter)
(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.
'Colourful life of car dealer turned oil trader who wants to own Hammers (Independent)
If Kia Joorabchian's life story was written as fiction, it would be laughed off as incredible. Yet there seems to be the very real prospect this morning that the Iranian-born, London-based 35-year-old businessman, a university drop-out and one-time car dealer, could soon become the owner of West Ham United, with resources to transform them into major Premiership players.
'Fiat CEO says could develop car with Tata (Yahoo! India News)
VENICE, Italy (Reuters) - Italian carmaker Fiat is considering the idea of developing a low-cost car with its partner Tata Motors.
'Sonic Automotive Rises on Upgrade (AP via Yahoo! Finance)
Shares of car dealer Sonic Automotive Inc. climbed Tuesday, the first trading day after a Goldman Sachs analyst upgraded the company based on a low share price and early signs of benefits from an overhaul plan.
'Find the Right Lender Before You Buy a Car (Kewanee Star Courier)
(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.
'Fiat mulls joining Tata in low-cost car project (Express India)
Italian car maker Fiat is planning to develop a low-cost car with partner Tata Motors. Tata Motors has already announced it will introduce India's cheapest car, priced at around Rs 1 lakh by 2008.
'Car firm profits are Looking up (Edinburgh Evening News)
CAR dealer Lookers said its decision to spurn rival Pendragon had been justified by a sharp rise in profits.
'Car dealer fined over 'clocking' (BBC News)
A County Antrim car dealer is fined £25,000 for selling nine vans which had their mileages "clocked".
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