Dealer news from the web

Inventories rise at Chinese auto dealers
Chinese car dealers are sitting on their highest inventories of unsold cars in almost 2 years, according to an industry group, in the latest sign of slowing growth in the world’s largest auto market. - Wall Street Journal, 12/24/14

FBI hunting for N.J. car dealer accused of fraud
Federal prosecutors today accused the owner of a luxury New Jersey auto dealership of obtaining bank loans for cars that were never delivered to customers. -, (Newark, N.J.), 12/24/14

Needham car dealer lends Seinfeld a classic car
When Jerry Seinfeld needed a sweet ride for his latest episode of “Comedians in Cars Getting Coffee,” he called Stu Carpenter, owner of Copley Motorcars, a classic-car dealership in Needham. Actually, it was someone. - The Boston Globe, 12/16/14

Lansing Chrysler dealer Bill Snethkamp Jr. dies at 65
Bill Snethkamp Jr. became an auto dealer in 1977, just like his father, and his grandfather before him. - Lansing State Journal, (Mich.), 12/15/14

Hyundai dealer replaces car that hole swallowed
A month ago, a traumatized Anna Maria Boi Jones stepped out of her car and watched the earth swallow it up as a sinkhole opened up in the driveway of her mobile home in Holiday. Now she’s the proud owner of a brand new 2015 Hyundai Accent, which was gifted by the dealer who had sold her two previous cars. - See more at: http://suncoastnews. - Suncoast News, (Fla.), 12/12/14

L.A. car dealers get prison time for tax evasion
Two brothers who ran used car dealerships in Los Angeles have been sentenced to three years in state prison for tax evasion, the State Board of Equalization announced on Wednesday. - Los Angeles Business Journal, 12/10/14

FTC takes action against two auto dealership chains for deceptive advertising
The Federal Trade Commission is taking action against two auto dealer groups, operating in five states with more than two dozen retail stores, for civil penalties for violations of FTC administrative orders, which prohibit them from deceptively advertising the cost of buying or leasing a car. - Federal Trade Commission, 12/12/14

Classic car stolen from Deerfield Beach car dealership
The Broward Sheriff's Office has released surveillance video of a group of thieves stealing a 1975 white Chevy Caprice convertible from a car dealership in Deerfield Beach. - WPLG Local 10, (Miami, Fla.), 11/25/14

Gas station, car at auto dealership set on fire during Ferguson unrest
A Conoco gas station and cars in the parking lot of a nearby car dealership were set on fire Monday night. - KMOV-TV, (St. Louis, Mo.), 11/25/14

Buy a car and it snows 6 inches on Christmas, dealership pays you back
Deals on flat screen TVs and fancy electronics are a staple of luring shoppers into stores on Black Friday, but what about a free ride? - Chicago Tribune, 11/25/14

Military vet arrested for threatening to hold car dealership hostage
A military veteran in the metro is accused of making deadly threats against a car dealer. - KFOR-TV, (Oklahoma City), 11/14/14

Georgia car dealer, son charged with alleged odometer, title fraud
The owner of a Forest Park used car dealership was arrested Thursday morning and warrants issued for his son for alleged odometer and title violations. - Albany Herald, (Ga.), 11/14/17

Sam Pack auction sells 131 cars for $11.8 million
Car collectors from eight countries spent more than $11.5 million Saturday on 131 cars at the Sam Pack Five Star Collection sale in Farmers Branch. - Dallas Business Journal, 11/17/14

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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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