29 Mar 2010, 07:57 UTC · By: Daniel Patrascu / After the announcement made by American manufacturer Chrysler that it sent letters of intent to 50 of the dealers rejected last year as a first step to their revival, the National Automobile Dealers...
28 Mar 2010, 11:44 UTC · By: Daniel Patrascu / After back in 2009, during the bankruptcy process, American manufacturer Chrysler tried to shed as many of its "uncompetitive" dealers as possible, 2010 brings hope back to some of those d...
7 Jan 2010, 15:17 UTC · By: Alex Vasile / Ed Whitacre, General Motor Co’s chairman, said he is expecting around 100 GM dealerships to get restored due to the new arbitration federal law. “I think a large number will get rein...
9 Dec 2009, 14:35 UTC · By: Alex Vasile / According to J.D. Power, during the recession customer satisfaction with the purchase of a new vehicle has improved compared with 2008, but some automakers are losing 12 percent of buyers to competi...
23 Nov 2009, 14:43 UTC · By: Daniel Patrascu / Even with the carmaker out of bankruptcy, problems are far from over for Chrysler dealerships. The most recent bad news for them is that, due to the impossibility for the dealers to reach an agreeme...
23 Oct 2009, 09:24 UTC · By: Daniel Patrascu / Following the announcement made yesterday by the US Treasury Department that the former financial arm of Chrysler, Chrysler Financial, will be closed by the end of 2011, the National Automobile Deal...
9 Oct 2009, 16:07 UTC · By: Daniel Patrascu / American manufacturer Chrysler is beginning its expansion in Europe with the appointment of seven new dealers in the UK. The new dealers will join the other four announced back in July, bringing the...
5 Oct 2009, 07:04 UTC · By: Daniel Patrascu / The unexpected change of fate for GM's brand Saturn has left its dealers with very few options, several dealers began expressing their disapproval towards the terms imposed by GM when it comes ...
18 Sep 2009, 19:32 UTC · By: Alexandru Radu Chis / Following GM’s new advertising program launched on September 11, dealers believe people will rather chose a $500 rebate. In an effort to draw attention to their line-up and consequently increa...
24 Aug 2009, 06:41 UTC · By: Daniel Patrascu / After in mid-July Chrysler Financial announced it was toughening terms for dealers and asked them to pay large amounts of money to handle possible loan losses, the financial organization softened it...
22 Aug 2009, 10:33 UTC · By: Bogdan Popa / With the US Car Allowance Rebate System scheme ending on Monday, several dealers are still screaming that they haven’t received their payments following clunkers submissions. Even if the White...
20 Aug 2009, 08:55 UTC · By: Daniel Patrascu / In a response to the growing discontent to the way in which the reimbursement process for the Car Allowance Rebate System moves, US President Barack Obama's administration stepped in and tried ...
20 Aug 2009, 07:59 UTC · By: Daniel Patrascu / The immense success of the Car Allowance Rebate System appears to have manifested itself only on paper, as almost two thirds of the dealers participating in the program say they are still waiting to...
17 Aug 2009, 07:52 UTC · By: Daniel Patrascu / Wants me, wants me not... This is the predicament some of the dealerships targeted for closure by American manufacturer GM find themselves in now, as it would appear the carmaker is now looking into...
6 Aug 2009, 08:59 UTC · By: Daniel Patrascu / American manufacturer GM announced it has decided to allow its rejected dealers to close before january 1, 2010, should they desire so, without applying any penalties. "We're trying to be ...
3 Aug 2009, 10:23 UTC · By: Daniel Patrascu / Seeing their sales sky rocketing and then in threat of smashing back down, several large automotive retailers in the US thought of their very own version of the Car Allowance Rebate System (CARS), T...
26 Jul 2009, 07:37 UTC · By: Daniel Patrascu / After both managed to exit bankruptcy, General Motors and Chrysler left behind a trail of discarded, or at least soon to be discarded dealerships. The decision to kill some 2,000 was taken, as both ...
24 Jul 2009, 10:00 UTC · By: Daniel Patrascu / The recently reborn Chrysler has warned yesterday, through the voice of one of its executives, that it may face liquidation once again if the legislation aimed at reversing the termination of its 78...
10 Jul 2009, 14:03 UTC · By: Daniel Patrascu / As announced earlier today, American manufacturer completed the sale of its assets over to the new company, thus exiting the bankruptcy process and ushering a new era in the American automotive indu...
8 Jul 2009, 06:45 UTC · By: Daniel Patrascu / Close to completing the sale of its assets to the General Motors Company, the American manufacturer has yesterday asked the bankruptcy court to cancel 70 dealers' contracts. In all, by 2010, th...