Word: dealership
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...backfired dramatically, as a large group of women besieged an official tour of visiting journalists to protest the arrests of their husbands, sons and brothers. Six buses full of foreign and Chinese reporters had been taken to a neighborhood southeast of Urumqi's Grand Bazaar to see an auto dealership that was burned by rioters on July 5. (See pictures of the March 2008 riots in Tibet...
...Justin Theel's car dealership, a sprawling campus on Interstate 94, the Dodges may be gone - troubles at Chrysler know no state boundaries - but sales this year are still off by only about 20 vehicles. That's a blip that dealers elsewhere would kill for. "For the most part, we're a boring story," says Theel. "But sometimes that's good...
Striking a Balance Property owners big and small have been drooling over the development possibilities. For instance, the Georgelas Group is planning to scrap the car dealership and other low-rise buildings sitting on the 20 or so acres it owns in Tysons to create a mixed-use development near a soon-to-be-built train station. Aaron Georgelas, the group's managing partner, is happy to donate land to the street grid, since the county will allow him to build higher because of it. He also knows that tearing down revenue-generating buildings to put up new ones - even...
...cars, Weinberg dreamed that his son would enter the auto business. Not used cars, though - new cars. Sleek and powerful cars, like the ones built by Walter Chrysler's company. And that's how Steve Weinberg, with his father's savings to stake him, came to open a Dodge dealership in Grandview...
...early years of the automobile, car dealers took animals in trade. As time passed the largest dealerships built elaborate showrooms and spent their own money for events around new model debuts. Running a large dealership is expensive. Buying cars from the manufacturers has not been a winning proposition for many dealers over the last two years. Most have to borrow money to purchase inventory. As sales have dropped due to the recession, many vehicles stay on the lots for months. Being a car dealer went from being extremely profitable in many cases to being a no-win business. (See pictures...