Auto Dealer News

Former auto dealer Ken Zangara, faced with an ailing economy and difficulty getting credit for his dealership, turned to gambling last year in a bid to salvage the business.

The last 18 months have not been kind to the used car dealers dotted along Aurora Avenue N. in Seattle.

The head of the largest U.S. auto dealership group, Mike Jackson, said he was confident in Chrysler Group's ability to make a comeback.

November 3, 2009: Subaru of America, Inc. announced record-breaking October sales.

A Mecklenburg judge facing misconduct charges and possible removal from the bench has resigned.

THE American love affair with cars seemed to come to a sudden end this year, when car sales became less important to the economy than at any time since the government began counting more than 40 years ago.

The board of General Motors voted yesterday to cancel the company's plan to sell a majority stake in its German unit Adam Opel GmbH to Canadian car-parts maker Magna International and its Russian partner, Sberbank.

THEY'VE trundled along our roads since 1948 and have became an iconic part of British motoring history, typifying English eccentricity with their polished ash wood frames.

We used to hear quite a bit about the Bush administration's supposed 'war on science.' What about the Obama administration's war on mathematics? Every time somebody tries to test the logic of the president's economic policy using actual numbers, the White House starts screaming about space aliens.

People are buying more energy efficient cars as a result of the Government's changes to vehicle registration tax.

FOLLOW THE MONEY: Stimulus spending by industry and county TODAY'S BUSINESS NEWS: &#187 Buffett's Berkshire buys Burlington Northern rail &#187 Oil prices rise as Fed meets on interest rates &#187 Treasurys decline ahead of Fed, auction details &#187 Dollar rises ahead of central bank announcements &#187 33% of polled LA employers to layoff in 2010 ...

Toyota's popular Prius hybrid was the top-selling car in Japan in October for the sixth straight month, helped by tax breaks and government subsidies for environmentally friendly vehicles, an industry group said Friday.

In a shock move, General Motors has cancelled plans to sell its European car business, comprising the Opel and Vauxhall marques, to a Russian-backed consortium.

A judge has approved a request to consolidate the trials of two auto dealership executives accused in the March disappearance of more than 80 vehicles from a Scottsbluff car lot.

Businesses likely slashed wholesale inventories for a record 13th consecutive month in September.

New Models What you'll be driving in 2010 European 2009 Ford Fiesta is coming to Canada and the U.S. next year as a 2011 model.

TOKYO: Toyota Motor, the world's largest automaker, announced yesterday a surprise return to profit and narrowed its loss forecast for the full year, helped by demand for fuel-efficient cars.

Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.

It appears four major players in the Detroit business community gave former Detroit Mayor Kwame Kilpatrick a total of $240,000 months before finalizing a repayment plan, raising the question of whether the money originally was intended as a gift, not a loan.

There's a simple way to get people to drive fuel-efficient cars, according to auto executives, but they are not going to like it - sharply hike the gas tax.