GM: We'll Still Own the Largest Dealer Network in the US
15 Jun 2009, 06:33 UTC · By: Bogdan Popa / There’s no doubt General Motors hopes to get back to profitability, and all the cost cutting measures we’ve seen in the last few months are the living proof of that. But the recently ann...
KTM X-Bow Expands in England
12 Jun 2009, 11:45 UTC · By: Daniel Patrascu / Business seems to be good for the Austrian manufacturer KTM, as the company has signed a new agreement with UK's national sales and service network for its X-Bow vehicle. Dick Lovett has now be...
GM Gives Up on Closing Some Dealers
11 Jun 2009, 09:46 UTC · By: Daniel Patrascu / GM came back on its decision to close some of its dealerships and is now reviewing the list of those targeted to be terminated. Up until now, GM has reversed its decision for some 30 dealerships, wi...
GM Dealers to Receive Participation Letter
10 Jun 2009, 13:14 UTC · By: Daniel Patrascu / As a result of the new Participation Letter Agreement between GM and its dealers, the American manufacturer will send out today, via Federal Express, 4,100 addendum letters to its surviving dealers,...
Penske to Ask Saturn Dealers to Continue
9 Jun 2009, 12:49 UTC · By: Daniel Patrascu / The almost last minute save of GM's brand Saturn from the projected extinction by Penske also means a breath of fresh air for Saturn's dealers. According to a report by Autonews, Saturn�...
NADA Commends GM, Does Not Endorse Agreement
9 Jun 2009, 10:57 UTC · By: Daniel Patrascu / Following the agreement reached on Monday between General Motors and the National Automobile Dealers Association (NADA), the parties involved raced each other in issuing praising statements. Accordi...
Mazda to Double European Dealerships in 2009
4 Jun 2009, 09:00 UTC · By: Bogdan Popa / While General Motors and Chrysler are massively cutting the overall dealership count in their domestic market, Mazda things it would be a great idea to appoint new dealers that would support its Eur...
Chrysler Could Kill ALL Dealers if Fiat Alliance Not Approved
22 May 2009, 06:19 UTC · By: Bogdan Popa / Since the American ailing manufacturer announced last week that it plans to end its contracts with 789 dealerships across the United States, Chrysler has been severely criticized from all around, no...
Ford Expects to Benefit From GM's, Chrysler's Dealers Cuts
19 May 2009, 14:36 UTC · By: Bogdan Popa / Ford, the only member of the Detroit 3 who's not seeking financial support from the United States government, said it doesn't plan to apply dealer cuts similar to those of its competitors ...
789 Cadillac Men
18 May 2009, 09:32 UTC · By: Daniel Patrascu / The closing of the 789 dealers Chrysler has already announced may spawn a salesman/woman offensive, as there are around 40,000 vehicles to be sold, as soon as possible. If they don't, within a ...
After Chrysler, GM Starts Killing Dealers Too
17 May 2009, 07:27 UTC · By: Bogdan Popa / Just as we told you in a previous report, as part of a broader campaign to reduce costs and tackle the economic recession, General Motors plans to get rid of more than 1,000 dealerships. Well, the m...
Chrysler Assumes Supplier Agreements
15 May 2009, 12:20 UTC · By: Daniel Patrascu / After earlier announcing its decision of closing 789 of its dealers, Chrysler also decided what to do with its suppliers. According to a release issued today, the American manufacturer will begin as...
US Treasury: We're Not Involved in Chrysler's Dealership Cut!
15 May 2009, 07:26 UTC · By: Bogdan Popa / Following Chrysler's announcement that it will reject 789 dealers in the United States, the US Treasury officials stepped in the front of the media representatives and insisted they haven'...
Confirmed: Chrysler Kills 789 Dealers!
15 May 2009, 06:24 UTC · By: Bogdan Popa / Chrysler today announced that it has filed a motion with the US Bankruptcy Court to reject almost a quarter of its US dealerships as part of the reorganization process it started on May 1. The Ameri...
GM-NADA Standoff
6 May 2009, 12:17 UTC · By: Daniel Patrascu / As was announced in the past weeks, General Motors has begun notifying 2,600 of its dealers that they will soon become obsolete for the company's future plans. The notifying will take GM all su...
Chrysler Dealers' Armageddon
5 May 2009, 10:15 UTC · By: Daniel Patrascu / Even if Chrysler seems to live in a soap bubble and tries, with the aid of advertising agency BBDO Detroit to convince us that "it's business as usual", the reality of their bankruptc...
Michigan Dealer Confirms Offer for Pontiac, GM Promptly Says No
3 May 2009, 14:41 UTC · By: Bogdan Popa / Here you have it: an interested Pontiac dealer, namely Waldron Pontiac, is making an offer for GM’s brand – which is actually going to be phased out by the end of 2010 – but the Am...
GM Lends Dealers a Hand...
30 Apr 2009, 10:32 UTC · By: Daniel Patrascu / ...or at least a finger. As a result of the manufacturer's decision to step up the closure of 2,641 dealers in 18 months instead of the initial 5 years (most of them for the soon to be extinct ...
AutoNation Launches Payment Protection Program
23 Mar 2009, 14:30 UTC · By: Daniel Patrascu / "Desperate times call for desperate measures" seems to be the guideline to follow in these tough economic times. The ball is now in the dealers' court, as they try to hold on to the s...
GM Intends to Save Saturn
2 Feb 2009, 10:42 UTC · By: Madalina Iancu / Although in December last year, GM mobilized all its forces to convince the Congress help it save Chevrolet, Cadillac, Buick and GMC and no word was mentioned about the Saturn brand, it seems that t...