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...
NADA on Chrysler Dealership Cut: A Very Sad Day!
15 May 2009, 06:38 UTC · By: Bogdan Popa / Chrysler's announcement that it will close the doors of 789 dealerships across the United States didn't shock anybody, especially because the whole industry is fairly familiar with the cur...
Chrysler's Dealers, Minus 1,000
14 May 2009, 08:45 UTC · By: Daniel Patrascu / After we already told you the plans GM has with a large part of its dealers, here comes the unpleasant task to do the same for Chrysler. According to some reports surfaced yesterday, the bankrupt 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 ...
Aston Martin Can't Get Enough Dealerships, Opens in Prague
29 Apr 2009, 15:41 UTC · By: Tudor Raiciu / After two quite recently opened dealerships in Safenwil, Switzerland and Zagreb, Croatia, Aston Martin seems to have a thirst for more. A thirst that can only be quenched with yet another dealership...
NADA to GM: Bad, Bad GM
29 Apr 2009, 10:45 UTC · By: Daniel Patrascu / As a result of the announcement made by American manufacturer GM regarding its plans to scrap Pontiac and perhaps even Saturn, as well as the decision to severely slash its dealer network, the Natio...
Confirmed: Pontiac is Dead, GM Drafts New Survival Plan
27 Apr 2009, 13:54 UTC · By: Daniel Patrascu / Following weeks of rumor-denial-rumor regarding the future of its brads, dealerships and even personnel, GM finally made public their survival plan for 2009. Simply put, under the "GM Accelerat...
Ferrari Dealership Sues Rival for Corporate Espionage
24 Apr 2009, 08:45 UTC · By: Tudor Raiciu / We've heard about espionage cases between two companies or two F1 constructors, but this is a bit too much to digest. A Long Island, New York, dealership that sells Bentleys and Aston Martins ...
GM Denies Plans to Scrap Pontiac, GMC
17 Apr 2009, 06:48 UTC · By: Daniel Patrascu / The struggling American manufacturer GM stepped forth yesterday and denied reports which surfaced about its plans of ending franchise agreements of poorly performing dealerships as well as getting r...
Consumers Give Up on Saturn, Dealers Close Stores
13 Apr 2009, 09:33 UTC · By: Bogdan Popa / With company officials awaiting a decision from parent company General Motors, Saturn's crisis is deepening day by day. As a direct result of the chaos surrounding Saturn, consumers have lost t...
Bentley Expands Retail Network in Texas
25 Mar 2009, 11:33 UTC · By: Daniel Patrascu / Running a business in this unstable economic environment is a very hard thing to do, especially if you are an automotive industry player. For the luxury car manufacturers, this is even more so. Yet,...
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...
Aston Martin Continues Expansion with Safenwil, Switzerland Showroom
18 Mar 2009, 08:20 UTC · By: Bogdan Popa / While some automakers struggle to save costs and slash operations around the world following the negative impact of the recession, others continue their expansion and seek to reach new markets acros...
3 Execs Steal 81 Cars from Their own Dealership
12 Mar 2009, 14:16 UTC · By: Alex Oagana / Some people's minds work in mysterious ways, especially when they are in deep financial doodoo. In a period of time between sometime last weekend and Monday night, 81 cars and three executives ...
Ferrari Dealership Presents Special Photos from Tours
12 Mar 2009, 10:36 UTC · By: Madalina Iancu / When a car maker opens a new dealership amid the doomed global downturn, there is surely a reason to celebrate. Thus, after opening a new dealership in Tampa Bay last month, Ferrari of North Amer...
Dealers Willing to Buy a Stake in Opel
27 Feb 2009, 11:04 UTC · By: Bogdan Popa / As sales in both domestic and overseas markets decreased massively, Opel has already applied for state funds, saying that a 3.3 billion euro loan is absolutely necessary to finance a liquidity gap t...
Aston Martin Steps in Croatia, Opens Dealership in Zagreb
24 Feb 2009, 14:09 UTC · By: Bogdan Popa / Despite the current difficult market conditions, luxury car manufacturer Aston Market aims to expand its coverage by opening a couple of new dealerships in unexplored sides of the world. The company...
881 Dealerships Across the US Closed in 2008
20 Feb 2009, 09:11 UTC · By: Bogdan Popa / If the struggling automakers weren't enough to convince you about the consequences of the economic recession, you should probably know that no less than 881 dealerships across the United States...
Audi Australia and PDM Launch First Holographic Virtual Assistant
17 Feb 2009, 08:38 UTC · By: Madalina Iancu / The creepy future when people will be replaced by robots seems closer than we have expected. Keeping that in mind, Audi and PDM, Australia’s number one Out-of-Home Digital media company, have ...
Chrysler Implores Dealers to Place Orders
6 Feb 2009, 10:15 UTC · By: Bogdan Popa / In a desperate move to meet the February target of 78,000 vehicles, Chrysler is extending the last day for dealers to place new cars orders to Monday, The Detroit News wrote today quoting vice chair...