New York

ARLENA SAWYERS

Saying no to Sandy-soaked vehicles

3:27 pm U.S. ET | Nov. 9, 2012
Hurricane Sandy hit Manfredi Auto Group’s Mazda Kia Mitsubishi dealership in Staten Island pretty hard. That has forced them to be extra vigilant in planning how to cope post-disaster. Other dealerships might do well to consider taking similar steps.... Read More »

 

Most East Coast dealers reopen, face gas rationing

3:57 pm U.S. ET | Nov. 6, 2012
Many dealerships along the battered Eastern Seaboard are coming back online, some with limited operations, though, following Hurricane Sandy more than a week ago. Close to 100 percent of New Jersey's new-car dealerships were back up and open Monday, but about 30 percent of them were operating without electricity, Jim Appleton, president of the New Jersey Coalition of Automotive Retailers, estimated.... Read More »

 

Dealers still reeling after Sandy's wrath

4:07 pm U.S. ET | Oct. 31, 2012
Many dealerships in New Jersey and parts of New York are still recovering and assessing damages caused by Hurricane Sandy, which hit the East Coast Monday evening. Mark Schienberg, president of the Greater New York Automobile Dealers Association, said about 60 percent of their dealers are still without power and were closed Wednesday.... Read More »

 

East Coast dealerships assess damages after hurricane strikes

1:58 pm U.S. ET | Oct. 30, 2012
Hurricane Sandy, the largest tropical storm the Atlantic has ever seen, hit southern New Jersey Monday evening, affecting sales and damaging inventory at dealerships there, as well as other East Coast states. Nearly 8 million electric customers in 15 states and Washington, D.C., were without power today and the storm's death toll reached 29, CNN reported.... Read More »

 

East Coast dealers shut stores, relocate cars as Hurricane Sandy hits

3:26 pm U.S. ET | Oct. 29, 2012
As the Atlantic's largest-ever tropical storm hit the East Coast, auto dealers closed showrooms, moved cars to higher ground and calculated the effect on October sales. Hurricane Sandy caused 65 deaths in the Caribbean and is expected to converge with two other systems to create a phenomenon the National Weather Service is calling Frankenstorm. As of 8 p.m. EDT, the storm reached land near Atlantic City on the New Jersey coast.... Read More »

 

East Coast dealers 'battening down the hatches' for Hurricane Sandy

5:54 pm U.S. ET | Oct. 26, 2012
Auto dealers in the Northeast are closely monitoring Hurricane Sandy, which some forecasters predict may become the worst storm to hit the region in more than 100 years.... Read More »

 

Tesla co-founder Elon Musk defends retail strategy

4:12 pm U.S. ET | Oct. 22, 2012
Tesla Motors co-founder Elon Musk is defending the electric vehicle maker's retail strategy from charges that it runs afoul of state laws. Dealers in Massachusetts and New York sued Tesla last week to shut down company-owned stores they claim violate state franchise laws and consumer protection laws.... Read More »

 

Dealers sue Tesla in Mass., N.Y., to block company stores

3:41 pm U.S. ET | Oct. 19, 2012
Dealers in Massachusetts and New York are suing to shut down Tesla Motors stores they say run afoul of franchise laws and consumer protection measures in their states. The Massachusetts State Automobile Dealers Association and some of its dealers filed a complaint Tuesday in Norfolk County Superior Court seeking to shut down Tesla's store in the Natick Mall in suburban Boston.... Read More »

 

GUEST COMMENTARY

Tesla challenges independent dealer network

11:17 am U.S. ET | Oct. 12, 2012
Tesla has opened "showrooms" around the country to market its sleek electric cars. Dealer associations counter that this practice still violates franchising laws, opens the door to unfair competition and sets up Tesla customers for costly failures, contaminating an otherwise competitive and consumer-friendly marketplace.... Read More »

 

Chrysler and 2 rejected N.Y. dealers may head to court

9:50 am U.S. ET | Oct. 9, 2012
Attorneys for Eagle Auto Mall, Terry Morris Chrysler-Jeep and Chrysler Group are scheduled to meet Thursday, Oct. 11, in a final pre-trial conference to hammer out a settlement or set a court date in a lawsuit that stems from when the dealerships were rejected during Chrysler's bankruptcy.... Read More »

 

GM to shift fuel cell program from upstate New York to Michigan

2:26 pm U.S. ET | Oct. 5, 2012
General Motors said it plans to close its hydrogen fuel-cell research operation in upstate New York and move it to Michigan. The move is scheduled to be completed by the end of the first quarter of 2013.... Read More »

 

JAMIE LaREAU

A New York dealer’s worst fear goes beyond a ban on soda

3:35 pm U.S. ET | Sept. 17, 2012
What do soda pop and car dealers possibly have in common? If they’re in or near New York City, a potential foe: Mayor Michael Bloomberg.... Read More »

 

4 N.Y. Chrysler dealers sue to block new rival

4:05 pm U.S. ET | Aug. 21, 2012
Four upstate New York Chrysler dealers are suing the automaker in federal court for granting a dealership to a local auto group and allegedly putting their sales at risk. By allowing Lia Auto Group to open a Chrysler dealership in the Albany suburb of Colonie, four dealers in the Albany/ Schenectady area contend that Chrysler is going back on its strategy of trimming dealership counts after reorganization.... Read More »

 

Porsche must face New York suit by hedge funds over VW shares, judge rules

Aug. 9, 2012 06:01 CET
Porsche SE must face a lawsuit claiming it hid its plan to corner the market in Volkswagen shares, a state judge in New York ruled, rejecting the sports-car maker's bid to dismiss the case.... Read More »

 

Porsche must face N.Y. suit by hedge funds over VW shares, judge rules

8:34 pm U.S. ET | Aug. 8, 2012
Porsche SE must face a lawsuit claiming it hid its plan to corner the market in Volkswagen AG shares, a state judge in New York ruled, rejecting the sports-car maker's bid to dismiss the case.... Read More »

 

Gentex shares plunge after sales miss estimates

July 24, 2012 17:04 CET
Gentex fell the most in 26 years after the maker of rearview mirrors reported second- quarter revenue that fell short of estimates.... Read More »

 

Fiat Industrial to list in New York after CNH unit merge

May 30, 2012 11:34 CET
Fiat Industrial, the truck and tractor manufacturer that Italian carmaker Fiat spun off in 2011, plans to merge with tractor unit CNH Global and move its primary listing to New York.... Read More »