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MN Snapshot: Rural automobile dealerships realign territories

2015-05-08 02:50:09| Auto Dealers - Topix.net

Veteran Chevrolet dealer Bob Schwieters, who has dealerships in Cold Spring and Willmar, has acquired the Ford dealership in Montevideo for $2.95 million.

Tags: rural automobile territories snapshot

Yamada to Plead Guilty to Automobile Part Price Fixing

2015-04-29 16:42:55| Automakers - Topix.net

Yamada Manufacturing Co. Ltd. has agreed to plead guilty and to pay a $2.5 million criminal fine for its role in a conspiracy to fix prices and rig bids for manual steering columns installed in cars sold in the United States and elsewhere, the Department of Justice announced.

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What is the importance of residual value in an automobile lease?

2015-04-29 05:31:05| Auto Dealers - Topix.net

The residual value of a car is often used by banks and auto dealerships to determine how much to charge per month for a lease. Residual value is how much the car will be worth at the end of the lease.

Tags: value importance automobile lease