So investors and traders headed off to the used car lots, where liquidity was thin.
Like other used-car lots across the country, this one has few customers despite attractive Bank of America loan schemes.
So in 1992 Morris got rid of all 18 used-car lots to focus solely on financing used-car sales made by others.
Frequent price cuts have Indians wondering if the car is worth what it says on the window sticker in the car lots.
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The test comes this summer when Ford rolls out a dazzling new version of the mass market family car that wound up relegated to rental car lots.
Incongruously located in an alley of garages and used car lots, the cocktail bar Brighton Rocks is firmly on the Kemptown gay scene, but welcomes all.
Parking lots were transformed into a sea of used car lots.
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That floated all boats, certainly filling the stores for Wal-Mart and Home Depot and keeping the car lots humming for dealers of vehicles from Ford and General Motors.
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We have seen a local car dealer with 6 major car lots spending 50, 000 a month on newspaper ads and 2000 at auto trader , yet has no rankings of his own ?
Ligon built giant car lots, stocked them with whatever was being sold at the big wholesale auctions that take place daily around the country and hoped his friendly sales proposition would win over customers.
In Japan, where there has never been much room for sprawling car lots, car firms have for decades used door-to-door salesmen to sell many of their vehicles, delivering cars directly to the customer and picking them up again for servicing.
Last year 44 million used cars traded hands (new-car sales were 17 million), 37% at new-car dealerships, 32% at used-car lots and the rest privately. (CarMax buys half of the cars it sells from individuals, the rest at auction or from other dealers.) Companies like AutoNation, Asbury Automotive and privately held Wickland Oil have tried to copy CarMax, but none has lasted.
Last year 44 million used cars traded hands (new-car sales were 17 million), 37% at new-car dealerships, 32% at used-car lots and the rest privately. (CarMax buys half of the cars it sells from individuals, the rest at auction or from other dealers.) Companies like AutoNation (nyse: AN - news - people ), Asbury Automotive and privately held Wickland Oil have tried to copy CarMax, but none has lasted.
The government may not order you to buy a car, but it does order you to buy lots of stuff in your car you may not want, from airbags to fuel-efficient engines.
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One person wants a very fast and sexy car, but another person wants lots of space for luggage.
New car buyers will have to draw lots to get a license.
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Customers show up on dealer lots with their specific car picked out.
It was in a cheaply constructed, boxlike, one-story building on a desolate street of bars, car-repair shops, and empty lots.
Those in the used-car market are advised to hit the lots sooner rather than later, as NADA expects prices to be softer in the first half of the year as consumers and businesses react to the expiration of the payroll tax reduction and the ongoing political wrangling over the debt ceiling extension and the federal budget sequester.
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Car makers may also open their cars up in the same way that makers of smartphones have, so that lots of bright people could write apps that would make the use of a car more productive or enjoyable.
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He figured that rebranded and redecorated lots would become the category killer of car retailing.
Parking lots and strip malls are both ideals of a car-culture and suburban ideal that never actually panned out.
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You know, why would you want to buy a car from a company that's bankrupt when you have lots of other good choices?
All the same, there are lots of ways to get in trouble driving a car, using kitchen knives or changing a light bulb.
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Once you get above a certain price point from high-quality manufacturers like Mercedes, you are going to get a car that is powerful, handles very well, and has lots of convenience, comfort and safety bells and whistles.
Whether you want to have lots of babies or a big house or a fancy car, those goals go on your plate as things you value.
Everyday drivers may not realize that assembling a car door alone is a fairly complicated process involving several workers and lots of hardware and wiring, for instance.
Chevolet has launched one new hit product after another, with its Cruze, Sonic and now Spark small cars creating lots of conquest sales for Chevy in the small-car segment even as Equinox continues to perform well in the CUV category and Silverado holds its own in pick-up trucks as it moves toward a new version next year.
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So in September, when U.S. car sales slowed and Chrysler's inventory began piling up on dealer lots, rather than keeping the factories humming and then boosting discounts to move the excess vehicles--a strategy that drove Chrysler into deep financial trouble in 2006 and at other times in its history--Nardelli decided to shut down six factories until the glut disappeared.
Auto shows are all about splashy designs, but the sedate yet solid characteristics of the Accord were a welcome reminder that lots of customers seek an accessible, get-up-and go car in their daily driver.
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