Dealership Closing

JAMIE LaREAU

Selling a dealership: A painful process of letting go

3:13 pm U.S. ET | Feb. 19, 2013
Having the heart of an auto dealer doesn’t always mean having the stomach for all the business entails. Take the former dealer who recently told me his story but did not want his name used.... Read More »

 

EDITORIAL

Lest we forget

12:01 am U.S. ET | Nov. 26, 2012
On the subject of bailouts, Chrysler's effort to re-establish its presence in markets it abandoned three years ago is a grim reminder of the ugly, painful way in which thousands of dealerships were forced out of business.... Read More »

 

Nissan dealer uses 'Chevy defense' to keep franchise

2:25 pm U.S. ET | Aug. 27, 2012
An Ohio court has upheld a Nissan dealer’s legal position that a nearby Chevrolet vehicle assembly plant is hurting his performance. The ruling by Ohio’s Franklin County Court of Common Pleas may have implications for other auto dealerships located in uniquely challenging markets. It raises a legal question about the factory practice of comparing the performances of auto dealerships in dissimilar markets.... Read More »

 

New Romney TV spot blasts dealership closures

12:46 pm U.S. ET | Aug. 2, 2012
Mitt Romney's criticism of the government bailout of the auto industry continued Wednesday when his campaign released a 30-second TV commercial in Ohio critical of the Obama administration's decision to force General Motors and Chrysler to close dealerships in 2009.... Read More »

 

Nissan's outside-the-box dealership closes

12:01 am U.S. ET | June 29, 2012
Nissan dealer Greg Smith, a real estate developer who was permitted to build a store in downtown Seattle that was hip to visit but bore little similarity to the automaker's retail design guidelines, is closing his store after less than two years.... Read More »

 

Determined few keep up Mercury fight with Ford

12:01 am U.S. ET | June 18, 2012
More than two years after Ford Motor Co. announced it was killing the Mercury brand, some dealers are still fighting with the automaker over termination offers.... Read More »

 

Dodging a bullet from GM

12:01 am U.S. ET | June 18, 2012
Mike Shook gathered all 36 employees of Lewis Chevrolet-Cadillac in the service shop just after closing on a Monday evening this month to share some good news. Shook, general manager of the Garden City, Kan., store, had been informed hours earlier by his General Motors zone manager that the dealership had hit its sales target for 2011. The reward: Lewis Chevrolet-Cadillac gets to keep its doors open. For Shook's store and about 120 other GM dealerships, 2011 was a do-or-die year.... Read More »

 

Dealership shakeout over as stores sprout again, NADA says

3:42 pm U.S. ET | June 12, 2012
The National Automobile Dealers Association, in a new report, says there was an increase of 66 U.S. dealerships during the first quarter of 2012 and said the figure could climb as the auto industry recovers from the downturn.... Read More »