Car Dealer News for 25-Sep-2007
'Defunct Woodburn car dealer accused of fraud (Fort Wayne Journal Gazette) Indiana Attorney General Steve Carter has filed a lawsuit in Allen Circuit Court against Select Automotive, accusing it of accepting full payment for seven vehicles but failing to deliver the titles.
'UAE car market poised to grow 23% over three years (Zawya) Dubai: The UAE market for new cars is expected to grow by 23 per cent in the next three years, a leading automobile dealer said. "The UAE automotive market has witnessed double digit growth over the past five years.
'Car Dealer Agrees To Pay For Demolition (KGO-TV Bay Area) A car dealer who operates in both Santa Cruz and Monterey counties has agreed to pay $600,000 in civil penalties for illegally demolishing buildings he knew contained lead and asbestos.
'Longtime car dealer dies (The Leaf Chronicle) Local car dealer Sid Johnson, owner of Wyatt-Johnson, famous for his "Sid says sell 'em" campaign, died around noon today in his home.
'Teen Injured in ATV-Car Accident (R News) A teenager is in guarded condition after the ATV he was riding was struck from behind by a car in the Orleans County town of Ridgeway. Sheriff?s deputies say Robert Jones, 16, of Ridgeway, was riding an ATV down Route 63 when he was hit by a sedan driven by Adam Smith, 28, of Lyndonville.
'IPO WATCH: Czech used car dealer AAA Auto shares priced 11% below IPOmaximum offer price (Interfax) PRAGUE. SEPTEMBER 21. INTERFAX CENTRAL EUROPE - Shares in AAA Auto Group NV, the Dutch-registered parent of top Czech used-car dealer, were priced at EUR 2.0 (CZK 55.1) in an initial public offering (IPO), co-lead manager Patria Finance said on its Web site Friday.
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