How to do away with a damaged brand? One way is the Isuzu way: Starve dealers of product over a long period and dribble out the bad news in small doses. At least it has proved to be a relatively inexpensive way to dismantle a sales network.
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Some well known names in auto retailing have surfaced on a newly published list of victims of alleged New York swindler Bernard Madoff. Among them, according to documents filed in the U.S.
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It's official: North American employment at the Detroit 3 has been cut in half in this dismal decade. That's more than 250,000 jobs in eight years and#x2014; vanished. And it doesn't count jobs that have disappeared at suppliers or dealers.
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As credit stays tight, lenders are canceling some auto dealers' credit lines to buy new vehicles, raising interest rates on inventory loans and demanding that dealers put more equity into their businesses.
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In a sign of how far industry expectations have dropped, an annual retail sales pace of around 8.5 million vehicles has become a comfort of sorts for desperate auto executives.
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In 1993, Dick Colliver figured he was through with the day-to-day fray in the car business. He was off by 16 years. After two decades at Mazda, he bowed out as group vice president and general manager for the U.S.
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Antoine L'Estage and Nathalie Richard started the 2009 Canadian Rally Championship with a win at the legendary Rallye Perce Neige held in Maniwaki, Quebec.
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The Force India Formula 1 team will approach the season opening Australian grand prix late in March with only eight days of winter testing under its belt.
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The 51st running of the Great American Race - the Daytona 500 - is only days away. We take a close look at a NASCAR Sprint Cup car.
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Despite today's difficult economic context, Peugeot has chosen to pursue its different motor sport activities in 2009. These range from its high profile endurance-racing programme to the promotion of its products through its various single-make series.
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The 51st running of the Great American Race - the Daytona 500 - is only days away. We take a close look at a NASCAR Sprint Cup car.
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This year, Kia Canada Inc. will celebrate its 10-year anniversary on the Canadian scene. The Korean automaker established itself in Canada in 1999. It has since sold over 250,000 vehicles, and the numbers are still climbing.
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Despite today's difficult economic context, Peugeot has chosen to pursue its different motor sport activities in 2009. These range from its high profile endurance-racing programme to the promotion of its products through its various single-make series.
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Red Bull Racing driver Mark Webber will race away from the Melbourne grid next month still carrying the evidence of his broken leg.
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The Force India Formula 1 team will approach the season opening Australian grand prix late in March with only eight days of winter testing under its belt.
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This week, Auto123.com features the following road tests: The John Cooper Works version of the MINI Cooper, a diminutive and striking little car. The compact Compass hatchback sedan, the only car adorned with the prestigious Jeep badge. Don't miss our video of the Nissan Rogue, the compact SUV banking on versatility and a smooth CVT transmission.
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Saying that the Ford Ranger has been around is a bit of an understatement-- but the proven small truck sells well to shoppers after an affordable and reliable hard worker. The Ranger's underlying platform has been unchanged for years, though Ford continues to freshen the Ranger with updates to keep things new and competitive.
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Antoine L'Estage and Nathalie Richard started the 2009 Canadian Rally Championship with a win at the legendary Rallye Perce Neige held in Maniwaki, Quebec.
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According to FIA president Max Mosley, Formula 1 should do more to exploit the power of the Internet.
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After a three-year wait and much enthusiasm from the automotive community, Aston Martin finally decided to lift the veil over its luxury sedan, the Rapide. As we're between shows, it will probably be officially unveiled before the press at the Geneva Auto Show in a few weeks.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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