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Car dealer Richard Hardie revs up for growth with Lloyds Bank funding package
2015-12-04 18:18:38| Auto Dealers - Topix.net
The finance package will be used to meet customer demand for environmentally friendly cars, as well as supporting day-to-day growth The funding, including a commercial mortgage and day-to-day banking facilities, is provided by the Lloyds Bank Mid-Markets team in Newcastle, which will enable the business to continue to capitalise on growth in both the new and used car markets. Founded in 1972, Sunderland-headquartered Richard Hardie operates four sites in Durham, Sunderland, Ashington and Silverlink, selling New Peugeot and Fiat and used cars, alongside servicing and parts.
Colorado car dealer gets 4 years in prison
2015-12-02 17:27:17| Auto Dealers - Topix.net
A Colorado car dealer has been sentenced to four years in prison for money laundering and structuring, a process by which people deposit cash in various bank accounts in amounts less than $10,000 to avoid federal reporting requirements. We find ourselves in the middle of one of the greatest wealth transfer periods of all time.
Online Car Sales Are Pitting Carmaker and Dealer Against the Middleman
2015-11-27 04:40:04| Auto Dealers - Topix.net
It was just a crumb of news on the floor of the vast American car market: In July, AutoNation, the publicly traded megadealer that is the country's largest new-car retailer, severed its ties to TrueCar, the third-party shopping service that referred prospective customers to its stores. But the split may have consequences beyond the spat over business practices and data ownership that caused the separation.
New and used car dealer hopes to set up in Taunton
2015-11-25 15:03:13| Auto Dealers - Topix.net
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Local Car Dealer Nominated for 2016 TIME Dealer of the Year
2015-11-19 01:04:52| Auto Dealers - Topix.net
TIME and Ally announced nominations for the 2016 TIME Dealer of the Year award and a local dealer has found himself on the list. Gregg Young, owner and president of Gregg Young Chevrolet Inc, is one of 50 dealer nominees from across the country in the running for the 2016 Dealer of the Year award.
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