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Tag: car
AutoCanada shares plunge as Alberta slowdown hits car dealerships
2015-03-21 14:41:24| Auto Dealers - Topix.net
AutoCanada said its fourth-quarter revenue nearly doubled to $653.5 million from $319.7 million and its adjusted net earnings rose by 47.8% to $13.3 million, or 54 cents per share. Declining consumer confidence in the oil-dependent economy of Alberta dented sales at AutoCanada Inc.'s car dealerships in the first two months of the year, but the company isn't giving up on its aggressive acquisition strategy.
Auto dealer among 4 guilty in fraud scheme involving luxury car loans
2015-03-21 10:31:55| Auto Dealers - Topix.net
A Chicago-area auto dealer and three other people have been convicted in a $1.6 million scheme involving dozens of fraudulent loans for luxury cars. Chicago resident Precious W. House, 47, was convicted of five counts of bank fraud Friday during a jury trial before U.S. District Judge Andrea R. Wood, according to a statement from the U.S. Attorney's office.
Tags: auto
car
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dealer
Car sales to lose momentum in 2015, says AutoCanada
2015-03-20 21:58:04| Auto Dealers - Topix.net
There's been a steep plunge in vehicle sales in Calgary, AutoCanada reported, with Japanese car sales down 10 per cent. Auto dealership company AutoCanada has warned that the outlook for car sales in 2015 will be constrained by a cooling economy and the impact of falling oil prices.
Malcolm Fraser: the high-flying exotic car enthusiast
2015-03-20 19:53:16| Auto Dealers - Topix.net
Retired Canberra car dealer Ray Gulson has fond memories of stealing Malcolm Fraser away from the Lodge "for an hour or two" in the 1970s and early 1980s so the Victorian grazier and Italian car enthusiast could indulge his need for speed. Mr Gulson, now 72, founded Fyshwick's Gulson Motors in the late 1960s and first met Mr Fraser when the member for Wannon was defence minister during the Vietnam war.
Tags: car
exotic
fraser
enthusiast
3 car dealers drive change on Ind. 37 in Noblesville
2015-03-20 11:38:36| Auto Dealers - Topix.net
Three new car dealerships in Noblesville are cementing Ind. 37 as a car sales corridor that rivals any in the metro area.
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