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Auto Dealers
Ford dealer celebrates 50-year milestone
August 7, 2010
Chris O'MalleyThis month, Pearson Ford, 10650 N. Michigan Road, is celebrating a rare thing among car dealers: its 50th birthday.
MoreNew-car dealers hit hard in 2009
August 7, 2010
Chris O'MalleyIndiana lost 49 new-car dealers last year, the biggest thinning of the herd in at least a decade, according to data released
last month by the National Automobile Dealers Association.
MoreLEADING QUESTIONS: Burd Ford flies after tragedy
July 29, 2010
Mason King
Richard Burd's suicide led to shrewd cost-cutting at the family
auto dealership. For Christine Burd, returning to profitability is both heartening and heartbreaking.
Widowed car dealer Christine Burd becomes mental health advocate
July 3, 2010
IBJ StaffBurd, who is president of Burd Ford, a mother of four, and a fixture on television commercials for the dealership, has become
an advocate for mental health following her husband's suicide.
MoreGavel flies on muscle car auction
May 19, 2010
IBJ Staff"My Name is Earl" and "Charlie's Angels" cars are among the more peculiar offerings
at the 1,750-vehicle
Mecum Auction Co. collector car sale that runs through Sunday at Indiana State Fairgrounds.
MoreAll Things Automotive aims for national reach, 20 stores by year-end
May 1, 2010
Chris O'MalleyGM's axing of its Saturn brand may fuel the nationwide emergence of an Indianapolis-based used-car franchisor. The first All
Things Automotive franchise will open this month in Fishers, at the former Saturn store owned by Lockhart Automotive Group.
MoreWith five new acquisitions, Skillman builds car-lot dynasty
April 24, 2010
Peter SchnitzlerRay Skillman bought five car lots in the last 12 months from other dealers who have struggled during the recession. Skillman
now ranks among the five largest dealers in the area, and his chain is poised
for even more growth.
MoreFishers approves $19M auto mall development
April 1, 2010
Kathleen McLaughlinThe town has agreed to create a tax-increment financing district to help fund infrastructure improvements for Butler Automotive
Group's proposed development.
MoreFishers Town Council delays vote on $19M auto mall
March 29, 2010
IBJ StaffIf the council gives its blessing, construction could begin this spring on Butler Automotive Group's five-dealership development
along State Road 37. About 230 jobs could be created.
MoreFishers Town Council set to review auto mall plans
March 25, 2010
Butler Automotive Group is proposing a $19 million development along Indiana 37 that could include five auto dealerships and
create about 230 jobs.
MoreFormer Saturn franchise in Fishers enters new orbit
March 11, 2010
Chris O'MalleyAn All Things Automotive franchise is replacing Saturn of Fishers. The concept, aimed particularly at displaced Saturn dealers,
involves used-car sales and service bays stocked by Carquest.
MoreProminent local car dealer Tom Wood dies
February 4, 2010
Indianapolis car dealer Tom Wood died Thursday morning after battling lung cancer. Wood grew his business from a single dealership
he purchased in 1967.
MorePioneering automobile dealer Lockhart dies
January 20, 2010
IBJ StaffFreda Lockhart was the first woman to open dealerships for Cadillac and Saturn automobiles.
MoreLegislation to protect car dealers re-emerges at Statehouse
January 16, 2010
Chris O'MalleyDozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.
MoreKokomo plants benefit from 'clunkers' program
August 26, 2009
The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler
plants.
MorePurdue prof: 'Clunkers' could stall retail sales
August 5, 2009
Kim PuckettThe federal 'Cash for Clunkers' program has opened a floodgate of car sales that President Obama says is a much-needed
boost for the economy. But retailers may feel the negative effects of America's collective investment in new cars, predicts
a Purdue Retail Institute researcher.
MoreVacant dealerships join already rocky real estate market
June 8, 2009
Tom HartonThe owners of car dealerships slated for closure by Chrysler and General Motors face a tough environment for unloading their
real estate, but an expected onslaught of such properties has at least one company preparing to grab a slice of the business.
MoreAuto sellers want refuge from industry fallout, but trio of bills have fallen flat at Statehouse
March 30, 2009
Chris O'MalleyCar dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren't getting much help from the
Indiana General Assembly.
MoreCity government should shop locally
December 22, 2008
Good luck getting people to buy from local vendors or manufacturers.
MoreIndian truck maker Mahindra making inroads at local dealers
December 15, 2008
Chris O'MalleyIndianapolis Ford dealers John Pearson and Ray Skillman will be among the 300 domestic dealers
of Mahindra trucks and SUVs when the company makes its U.S. passenger car debut as early as next summer.
MoreWorst auto market in 30 years might force consolidation
December 8, 2008
Chris O'MalleyNew car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana's 520 dealers.
MoreAutomotive Finance Corp. writes off $162 million, reflecting slow auto sales
November 24, 2008
Chris O'MalleySlowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
MoreDreyer & Reinbold adds Maserati luxury line
November 17, 2008
Chris O'MalleyIn the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.
MoreHigh fuel prices take toll on resale values for trucks, SUVs
July 7, 2008
Chris O'MalleyAs motorists rush to buy antacid pills with each $4.25-a-gallon fill-up, the same car dealers who got pudgy five years ago
selling SUVs with $6,000 profit margins are scrambling to profit from Aveos or anything else with decent mileage.
MoreThree failed businesses sink former Carson foe Dickerson
June 16, 2008
Cory SchoutenFormer car dealer and congressional candidate Eric Dickerson has filed for personal bankruptcy after three failed businesses
left him saddled with more than $1 million in debt. Dickerson says he is virtually broke save for a $101,000 inheritance he
is set to receive from the estate of his late mother.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!