By the end of last week, some 150,000 workers either had been laid off or had their pay reduced, a consulting firm said. Most of those affected don't even work for GM.
The seeds of the problem are buried deep in the financial crisis, when in the midst of the worst economic downturn since the Great Depression, automakers slashed production. A decade later, that has made a relative rarity of used 10-year-old vehicles that are typically more affordable for low-wage earners.
While dealerships have posted some of their biggest profits ever in recent years, many dealers are reluctant to spend on expensive building projects unless a store is too small or otherwise in obvious need of refreshing.
Earl Stewart Toyota has made a name for itself by openly eschewing deceptive practices that have given car dealerships a bad name. But as more and more rival dealers change their ways, the family fears its edge may be lost.
A LaFontaine Automotive Group dealership general manager's climb up the company's ladder began with a neighborly chat with group founder Mike LaFontaine.
Rising up on a busy stretch of Peachtree Industrial Boulevard in the inner-ring Atlanta suburb of Chamblee is the new home of Hennessy Ford-Lincoln Atlanta. There was no arguing that it needed to happen.
While dealerships have posted some of their biggest profits ever in recent years, many dealers are reluctant to spend on expensive building projects unless a store is too small or otherwise in obvious need of refreshing.
Earl Stewart Toyota has made a name for itself by openly eschewing deceptive practices that have given car dealerships a bad name. But as more and more rival dealers change their ways, the family fears its edge may be lost.
A LaFontaine Automotive Group dealership general manager's climb up the company's ladder began with a neighborly chat with group founder Mike LaFontaine.
Rising up on a busy stretch of Peachtree Industrial Boulevard in the inner-ring Atlanta suburb of Chamblee is the new home of Hennessy Ford-Lincoln Atlanta. There was no arguing that it needed to happen.
The seeds of the problem are buried deep in the financial crisis, when in the midst of the worst economic downturn since the Great Depression, automakers slashed production. A decade later, that has made a relative rarity of used 10-year-old vehicles that are typically more affordable for low-wage earners.
As mobile devices increasingly become launching points for auto lending, software and other means to detect and monitor fraud are keeping pace with changing customer tools.
As Hellcat Challengers and Chargers roared nearby during the Roadkill Nights Powered by Dodge event this month, aspiring service technicians who could one day find themselves working on those very vehicles for a living were networking with dealerships in need of fresh talent.
While dealerships have posted some of their biggest profits ever in recent years, many dealers are reluctant to spend on expensive building projects unless a store is too small or otherwise in obvious need of refreshing.
Earl Stewart Toyota has made a name for itself by openly eschewing deceptive practices that have given car dealerships a bad name. But as more and more rival dealers change their ways, the family fears its edge may be lost.
A LaFontaine Automotive Group dealership general manager's climb up the company's ladder began with a neighborly chat with group founder Mike LaFontaine.
Rising up on a busy stretch of Peachtree Industrial Boulevard in the inner-ring Atlanta suburb of Chamblee is the new home of Hennessy Ford-Lincoln Atlanta. There was no arguing that it needed to happen.
As corporate controller, Marissa Hunt oversees compliance, accounting and human resources, but she also has a seat at the table as the LaFontaine Automotive Group hones its vision and considers acquisitions.
