Suzuki files bankruptcy, leaving U.S. market
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.
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.
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.
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.
It’s not clear if the car dealer would leave its long-time home on West 38th Street.
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.
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.
Oil, grain were particularly helpful for cooperatives. An improved economy also propelled manufacturers ahead.
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.
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.
The car retailer, rebounding from the discontinuation of some of its brands, is repurposing its former Hummer dealership.
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.
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.
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.
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.
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.
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.
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.
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.
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.
After a three-decade absence from the market, Fiat is coming back to the Indianapolis area with new dealerships in Carmel and Greenwood.