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Tesla Pokes Its Nose Into the Auto Dealers' Tent
2015-04-13 21:34:01| Auto Dealers - Topix.net
A House committee later today will take up the fight for sales between Tesla and the auto dealers of Texas, a legislative battle over "free markets" that has the potential to ultimately create widespread social change in the state. First, understand that this is not a fight over whether a car or truck can be sold over the Internet.
Philippine auto sales breach 60,000-mark in Q1
2015-04-13 12:14:58| Auto Dealers - Topix.net
MANILA Sales in the automotive industry jumped 22 percent from January to March this year, setting a new record of more than 60,000 units sold in the period. The Chamber of Automobile Manufacturers of the Philippines Inc. and the Truck Manufacturers Association said first quarter sales jumped 22 percent to 62,882 units in the first quarter of 2015 from 51,722 units sold in the same period last year.
US: auto dealers see 6.7 percent increase in profits last year
2015-04-13 10:05:10| Auto Dealers - Topix.net
The auto dealers working in the US, the second largest auto market in the world, had a rising average profit, up 6.7 percent in 2014, totaling almost $1.1 million. While the figure soared positively, the actual earnings - meaning the average profit margins - remained relatively low at around 2.2 percent, the same figure seen the year before and in 2012.
Oregon Muslim says auto dealer coworkers taunted him as 'terrorist'
2015-04-11 16:17:43| Auto Dealers - Topix.net
An Iranian-born Muslim accuses three luxury auto dealerships in the Portland metropolitan area - all his former employers - of racial and religious harassment that put him out of a job. Masoud Faraji, a 46-year-old Lake Oswego resident, alleges in court papers that in 2013 coworkers at Lithia's Beaverton Mercedes-Benz repeatedly called him a "terrorist," mocked his religion and told him he needed to be "hung" from the dealership's Mercedes sign.
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Only 2.2% in profits? But auto dealers say yippee
2015-04-10 23:23:31| Auto Dealers - Topix.net
Most business owners would wonder why its worth the effort for a 2.2% profit rate, but car dealers are thriving at that level. The 2.2% pretax rate for dealerships last year included not only profit on new car Only 2.2% in profits? But auto dealers say yippee Most business owners would wonder why its worth the effort for a 2.2% profit rate, but car dealers are thriving at that level.
Tags: auto
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