Car Dealer News for 11-Sep-2006
'Old divide dogs Lebanese search for consensus (Reuters via Yahoo! News) Abu Abbas, a car dealer from south Lebanon, has ready answers to the litmus-test question which has traditionally split his country down the middle -- whether it should opt out of the Arab-Israeli conflict.
'Need Help Getting a Car Loan? (Derby Daily Reporter) (ARA) - Are you driving around in a car that has faded paint, power windows that no longer work, a rusty muffler and an odometer that stopped somewhere around 115,000 miles? If so, it's time to get a new car!
'BoI in £200m North car dealer funding (Ireland Business World) The North's largest car dealerships, Lookers, is planning expansion following a £200m refinancing deal with the Bank of Ireland. The fundraising exercise will enable Lookers to refinance existing debt and provide funds for future acquisitions.
'Find the Right Lender Before You Buy a Car (Derby 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.
'Auto dealer injured in alleged robbery (Laredo Morning Times) A local car dealer says he was assaulted and robbed at gunpoint by four men who then fled the scene with one of his vehicles.Police said the victim, identified as 44-year-old Jose Luis Cavazos of Cavazos Auto Sales in the 8900 block of Mines Road, was taken to Doctors Hospital with lacerations to his head.
'Favorite tricks of the car-dealer trade (Bankrate.com via Yahoo! Finance) Visiting a car lot can feel like traversing a minefield. Not that all dealers are scammers, but between ambiguous statements and outright lies they can lead you astray.
'UK: Study reveals growing importance of used cars to dealer profits (just-auto) A new study says that franchised dealers will need to source a higher proportion of their revenues and profits from used car sales to offset declining profits from new car sales and related bonsues as well as finance and insurance (F&I) income.
'Carbiz announces speaker lineup for car dealer conference (Bradenton Herald) Herald Staff Writer ST. PETE BEACH - Carbiz Inc. has chosen a panel of national experts to speak at the company's 2006 professional development conference for automotive dealers in St. Pete Beach.
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