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Buffett: 'Fun Has Just Started' for Auto Sales at Berkshire
2015-03-11 17:42:12| Auto Dealers - Topix.net
Billionaire Warren Buffett said the "fun has just started" in the auto-sales business after his Berkshire Hathaway Inc. purchased Van Tuyl Group, the largest closely held U.S. car dealership group. "This is the beginning of a journey that will have no end," Buffett said in a statement announcing the completion of the transaction.
Russian auto market collapsing, but luxury cars still a must
2015-03-11 14:37:31| Auto Dealers - Topix.net
" Russia's auto market is in freefall. As financial turmoil in the country makes cars more expensive by the day, demand for many brands has almost evaporated.
Russian auto market collapsing, but luxury cars still a must
2015-03-11 14:37:30| Auto Dealers - Topix.net
In this photo taken on Tuesday, March 10, 2015, customers walk next to cars on a display at an automobile dealership in Moscow, Russia.
Russian Auto Sales Plunge 38%
2015-03-10 21:54:15| Auto Dealers - Topix.net
New-car sales in Russia last month plunged 38% over a year earlier, and auto-industry executives warned a weaker economy and declines in the ruble's value mean the worst is yet to come. "The market is entering a very difficult phase now, and February is only the beginning.
Tags: auto
sales
russian
plunge
China's auto sales growth decelerates in February
2015-03-10 14:45:12| Auto Dealers - Topix.net
In this April 20, 2014 file photo, a model poses with Chinese SUV maker Great Wall Motors' Haval 8 at the China Auto show in Beijing. China's auto sales growth decelerated in February 2015 despite a near doubling in purchases of Chinese-made SUVs, an industry group reported Tuesday, March 10, 2015.
Tags: february
auto
sales
growth
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