Auto News and Google Alerts
Monday, October 13th, 2008Here are some things that have come through my Google Alerts account this week. This is just a small sample of the 71 emails in my inbox this morning.
Capital One Ends Financing of N.Y., N.J. Car Dealers – Bloomberg.com — More problems for Auto Dealers
Car dealers sent packing – Greater Sacramento’s new-car franchises have disappeared at a rate two-and-a-half times greater than the national average. Sacramento Buisness Journal.
Not everyone believes that auto sales are dead. For instance LR Automotive Partnerships in Texas “announces the acquisition of three dealerships in the north central Texas: Nissan of Fort Worth, Waxahachie Ford, Mercury and Waxahachie Pontiac, Buick, GMC.” In Florence, KY, the Jeff Wyler Group bought Florence Buick Pontiac GMC. And remember the Bill Heard post? Well, Luxury-brand retailer Qvale Automotive Group of San Francisco had a pre-bankruptcy deal for the Huntsville store.
Heard about the GM merger? Will the GM Chrylser merger work or will it eventually be the deathsong of the automakers? Read another article about the the deal fostered by Cerebrus here.
Meanwhile, GM is hoping that the new series ‘My Own Worst Enemy‘ will boost GM sales as they provide the show the new 2010 Chevy Camaro SS and 2009 Chevy Traverse for the split-personality lead character Henry/Edward played by Christian Slater. Read the article here.
Speaking of TV shows, the new 09 Dodge Ram is the showcased vehicle on a recent version of “The Sarah Connor Chronicles“. The quad cab sports an optional lockable storage area in the side.
