dealers

The Painfully High Price of Gambling Addiction

The severity of America's gambling addiction isn't too far behind the nation's drug problem, and it's growing. In 2007, Americans lost more than $92 billion gambling, almost 10 times more than what U.S. moviegoers spent on tickets -- and about nine times what they lost 15 years earlier.

Five Tips That Can Save New Car Buyers a Bundle

Buying a new car can be a stressful experience: The process is expressly designed by car dealers to separate you from as much of your money as possible. However, if you%u2019re patient, prepared, and persistent, you can beat the dealers at their own game. Here are five things to remember.

February's Sales Put Carmakers in the Fast Lane

It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.

U.S. November Auto Sales Show Plenty of Zip

It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.

GM Says Employees Can Buy IPO Shares

General Motors is offering some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.

Ford Closing 175 Lincoln Dealerships

In a bid to revamp Lincoln's long-lost luxury image, Ford Motor will seek to reduce by about a third the number of dealers who sell Lincoln vehicles in the nation's top 130 metropolitan markets, the automaker said Tuesday.

Ford May Shutter 200 Lincoln Dealerships

In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota's Lexus nameplate, the nation's leading luxury brand.

Chrysler Dealers Eager to Sell Fiats

Eager for fresh products to sell to consumers, Chrysler dealers are vying for about 165 Fiat franchises. Fiat took over management of Chrysler last year as the carmaker was heading into bankruptcy.

U.S. Auto Sales May Have Revved Up in July

Analysts' expectations are that sales rose to the highest levels of the year last month, reaching an annualized rate of 11.9 million units. Eager to make room for 2011 models on dealers' lots, automakers have hiked incentives, drawing summertime bargain-hunters.

Treasury Rushed GM, Chrysler Dealers to Close

The Obama administration's auto industry task force failed to fully consider how many jobs would be lost at car dealerships when it rushed General Motors and Chrysler into bankruptcy last year, a report issued Sunday says.

GM and Chrysler Dealers to Learn Their Fates

General Motors and Chrysler dealers whose outlets were slated for closure will soon learn whether their appeals to stay in business or reopen have been successful. Arbitration hearings are set to wind up Wednesday, and decisions are due by the end of next week.

GM Will Revive Many Doomed Dealerships

General Motors said Friday it plans to revive some 600 dealerships that it had planned to drop -- more than half of the dealerships that filed arbitration claims last year to stay open.

GM will keep its most valuable assets

General Motors is in the process of closing its weakest brands like Pontiac and Saturn. It is selling its money-losing European operations, and it is...

Find me a brand new refrigerator

We need a new refrigerator. We need one badly. The old appliance was given to us by a scrap dealer. It works, but it seems to run absolutely forever...