Used Card News for December, 2007

Porsche returns to region

Flow, however, confirmed Monday that it will be Porsche s new home. In preparation for the shake-up, Flow moved its Mazda and used car sales operation to its new showroom at 1289 Stony Point Road. By moving part of its operation into that location - the longtime home of a Suzuki dealership - Flow cleared floor space for Porsches at its original home at 1313 Richmond Road.

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Elder Automotive Group purchases Jaguar of Novi

The store was purchased from Nate Conyers, who was also one of Michigan’s Metro Detroit Ford dealers prior to owning Jaguar of Novi. When the agreement was finalized, it brought Elder’s Jaguar dealership holdings to three in Michigan and one in Florida. With the purchase of Jaguar of Novi, the Elder Automotive Group has 11 dealerships collectively representing Ford, Jaguar, Land Rover, Aston Martin, Lincoln Mercury, Jeep and Saab.

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Jaguar of Novi Purchased by Elder Automotive Group, Announcement Made by CEO, Irma Elder

Elder believes strongly in giving back to the community, and her affiliations and charitable support reflect that. Currently, she serves on the Board of Trustees for the College for Creative Studies, Oakland Family Services, Detroit Regional Chamber of Commerce Board of Directors and the Economic Club of Detroit Board of Directors. Most notably, President George W. Bush appointed her to the Commission on White House Fellowships.

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Troy-based Elder Automotive buys Jaguar of Novi

Elder Automotive Group said Friday it has purchased Jaguar of Novi, bringing to 11 the company’s portfolio of auto dealerships. Troy-based Elder Automotive purchased the Jaguar dealership from Nathan Conyers, the former owner of Riverside Ford in Detroit who opened the Novi dealership in 2002. Terms of the deal were not released. A message and an e-mail from Business Review on Friday seeking comment from an Elder spokswoman were not answered.

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Hero Honda flags off used-bike segment with SURE!

Chennai, 21 December 2007: Hero Honda, the largest two-wheeler manufacturer in the world, has forayed into the used two-wheeler trading business under the ‘Hero Honda SURE!’ brand. Taking a cue from the passenger car market leader, Maruti Suzuki India (MSI), which spearheaded the used-vehicle business through Maruti True Value, Hero Honda has started SURE! at its 40 dealerships across India on a pilot basis.

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Subaru s Five Star Safety Leadership

E-mail ItScoop ItBusiness Headlines | Sci-Tech HeadlinesBUSINESS, SCIENCE & TECH BizSciTech Homepage | Corp. Jobs | SciTech Jobs | Business Headlines | Business News Video | Sci-Tech Headlines | SciTech News Video | Weather Video | Flight - Hotel Search Charity: Starship To Get NZ First Free Auction Dollars - More than $420,000 was raised for three childrens’ charities by this year’s Air New Zealand Kids @ Christmas Charity Auction.

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TLC for classic Benzes

In terms of location, Orange County was an obvious choice. More new Mercedes cars are sold in Southern California than anywhere else in the world and five of the 10 biggest Mercedes dealerships are in Los Angeles and Orange counties. The region is home to more than half of the 540,000 vintage Mercedes cars on the road in the U.S., Kunz said.

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Winston-Salem dealership buys Plaza Ford

Parkway Ford in Winston-Salem has purchased Plaza Ford in Lexington , which will now be known as Parkway Ford Lincoln Mercury. Parkway owner Junie Michael, who grew up in Davidson County , said the combination of Parkway Ford on Peters Creek Parkway and Parkway Ford North on University Parkway in Winston-Salem with Plaza Ford in Lexington will create economies of scale that will benefit all three operations.

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Ford s US business prompted Jaguar and land Rover sale

Although this was a dramatic improvement on the $5.2bn loss in the same period last year, its domestic performance last month was flat and it has announced a 7 per cent year-on-year cut in US production for the first quarter of 2008. Apart from exiting the prestige sector, Ovenden said Ford s clear desire to focus on the blue oval meant that it had no need for a sub-brand either - the equivalent of Vauxhall s budget Chevrolet business.

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Rick Hendrick’s life full of high, lows, and ultimately, class

“The true test of a real man is his ability to be down and grab your own shoe strings and pull hard and stand back up and say, ‘I woke up this morning, and I still have a job to do and thousands of people depending on me, and I have to be there for them,’ ” he said. Hendrick has done this over and over.

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