dealership

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.

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.

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 Gives 900 Car Dealerships a Second Chance

When GM descended into bankruptcy last year, the automaker had excess plant capacity, more brands than it needed and -- so it thought -- too many dealers. But the new GM is backtracking on that last item: The company plans on reinstating 900 car dealerships it had sought to shut down.