Auto Dealers

Online used-car marketplace expands into CincinnatiRestricted Content

March 16, 2013
 IBJ Staff
MaxTradein, which allows dealers to bid on cars, adds former ChaCha executive to pursue roll-out to 30 markets.
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Butler Automotive snaps up 96th Street parcel for dealership

January 29, 2013
Tom Harton
An affiliate of Butler Automotive Group bought more than 19 acres at the northwest corner of East 96th Street and Randall Drive in late December and is seeking permission from Carmel to build a structure that would house Butler Hyundai.
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Plans afoot to redevelop Payton Wells propertiesRestricted Content

January 12, 2013
Cory Schouten
A local developer hopes to build a $20 million apartment and retail project on one of several Old Northside lots once used by the defunct car dealership Payton Wells.
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Suzuki files bankruptcy, leaving U.S. market

November 6, 2012
 IBJ Staff and Associated Press
The decision will affect two dealerships in the Indianapolis area: Bob Rohrman's Indy Suzuki and Used Car Superstore and the Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
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Tutwiler auto dealership closes after 48 years

September 25, 2012
Scott Olson
Tutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors franchise agreement expired. The dealership closed Saturday.
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Wholesale prices for used vehicles decelerate in June

July 19, 2012
Chris O'Malley
Wholesale used vehicle prices fell 3.6 percent, to $9,893 on average, in June compared with the same month of 2011, according to data compiled by Tom Kontos, an executive at Carmel-based wholesale auction chain Adesa Inc.
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Honda West negotiating to open Fishers dealershipRestricted Content

July 14, 2012
It's not clear if the car dealer would leave its long-time home on West 38th Street.
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Capitol City Ford owner acquires assets of Burd Ford

July 11, 2012
Bob Thomas Dealerships said it plans to operate multiple auto-related businesses at the Burd facility at 10320 Pendleton Pike, including a used-car dealership called Sharp Cars.
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Commodities fueled some of Indiana's largest private companies in '11Restricted Content

June 16, 2012
Norm Heikens
Oil, grain were particularly helpful for cooperatives. An improved economy also propelled manufacturers ahead.
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Burd Ford dealership closing by end of June

June 14, 2012
Manager Jon Parson told IBJ that he had "no idea" why the dealership was closing. Christine Burd took over the business in late 2009 following the suicide of her husband, Richard Burd.
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Andy Mohr target of Volvo Trucks lawsuit

April 11, 2012
Scott Olson
A division of the Swedish automaker claims in a federal suit that local car dealer Andy Mohr failed to deliver on several promises after securing a five-year contract to sell Volvo trucks. An attorney for Mohr counters that Volvo is at fault and said Mohr plans his own lawsuit.
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Local automobile dealers enjoy big month of sales

April 5, 2012
 IBJ Staff and Bloomberg News
New car sales nationally rose about 13 percent last month as consumers replaced aging vehicles and took advantage of cheap financing. Sales were way up for many Indianapolis auto dealers.
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Lockhart Automotive moves Cadillac dealership to Fishers

March 3, 2012
The car retailer, rebounding from the discontinuation of some of its brands, is repurposing its former Hummer dealership.
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Indiana legislators OK lifting Sunday cycle sales ban

February 27, 2012
Associated Press
Indiana's motorcycle dealers will be allowed to buy and sell their bikes on Sundays under a change in state law that legislators have approved.
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Lockhart Automotive co-owner recovering from losing SaturnRestricted Content

December 10, 2011
Ann Finch
Lynn Kimmel, president of Lockhart Automotive Group, is helping her family business recover from losing three Saturn dealerships and a Hummer dealership when General Motors Corp. folded both those lines.
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Black Friday boosts car sales to best rate since ‘Clunkers’

November 30, 2011
Bloomberg News
U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.
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Startup aims to make online car shopping easierRestricted Content

June 4, 2011
Chris O'Malley
The horrible experience John Kohlmeyer's mother had trying to shop for a car online inspired him to create DriveVelocity, a company that not only overhauls dealer websites but also packages all their Web-based customer-relationship tools.
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J.D. Byrider sold to private equity firm

May 3, 2011
Scott Olson
The Indianapolis-based used-car chain has been acquired by Altamont Capital Partners near San Francisco, in a deal Byrider executives say will give the franchisor the necessary capital to grow.
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Dreyer & Reinbold expanding racing operations

February 10, 2011
Scott Olson
Carmel-based team is building a 12,000-square-foot addition at its headquarters that will house a state-of-the-art machine shop outfitted with high-tech milling machines manufactured by Indianapolis-based Hurco Cos.
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Indiana lawmaker pushes Sunday sales of alcohol, cars

February 5, 2011
Associated Press
Indiana shoppers would be able to buy a six-pack of beer or a new car on Sundays if state Sen. Phil Boots is successful in rolling back two of the few remaining blue laws still in effect in Indiana.
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Tight supply of used vehicles drives up valuesRestricted Content

January 15, 2011
Chris O'Malley
Used-car prices are on the rise. Last month, the average used-car transaction was for $19,345 vs. $16,586 a year earlier, according to Edmunds.com. Last year, used-vehicle prices generally were 10 percent to 15 percent higher than in 2009.
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Longtime local Cadillac dealer loses fight to sell car

December 13, 2010
Francesca Jarosz
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
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Fiat dealerships rolling back to metro area

November 17, 2010
Chris O'Malley
After a three-decade absence from the market, Fiat is coming back to the Indianapolis area with new dealerships in Carmel and Greenwood.
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Longtime car retailer closes on west side

October 5, 2010
National Car Sales, for years known for its commercials featuring basketball coach Bobby "Slick" Leonard, closed last week after more than 20 years in the market.
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Ex-manager accuses Butler Kia of keeping violent employeeRestricted Content

October 2, 2010
Chris O'Malley
A former sales manager at Butler Kia alleges a co-worker pulled a gun on employees—yet was kept on the job for several months afterward.
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