20 Nov 2008 at 5:16pm Nationwide, sales plummeted nearly 25 percent compared to a year earlier. Detroit?s ?Big Three? of Ford, General Motors and Chrysler LLC reported a combined loss of $3.29 billion for their most recent quarters. And this week, industry ...
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19 Nov 2008 at 5:53pm ESCONDIDO ---- The City Council has approved plans for a large CarMax used car dealership near Highway 78, despite concerns that new competition could further reduce already-plummeting profits at Escondido's existing dealerships. Council members said ...
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18 Nov 2008 at 10:30am As Congress mulls a $25 billion loan package for the troubled U.S. auto industry, South Florida auto dealers and drivers are hoping for relief to get more people buying cars. New vehicle sales in South Florida plunged roughly 30 percent in the past ...
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15 Nov 2008 at 3:42pm Nov. 15 (Bloomberg) -- Warren Buffett ?s Berkshire Hathaway Inc. became the largest shareholder in oil producer ConocoPhillips and took a stake in manufacturer Eaton Corp . in the third quarter as stock markets tumbled. Berkshire had more than 83 ...
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22 Oct 2008 at 7:55pm RICHMOND, Va. - Automotive retailer CarMax says that its ability to line up financing for qualified customers is unchanged despite the weakening economy. The company said Thursday that financing options are available through its own CarMax Auto ...
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13 Oct 2008 at 6:32pm The new-vehicle sales slump has received a great deal of attention lately with September sales being the worst in nearly two decades, but what has been underreported is the accompanying decline in used-vehicle sales this year. The latest victim of ...
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11 Aug 2008 at 6:00pm RICHMOND, Va., Dec. 20 /PRNewswire/ -- At a time of uncertain gas prices, CarMax, Inc. (NYSE: KMX) the nation's largest retailer of used cars, says online searches for hybrid cars are on the rise. Examples of the most searched hybrid cars include the ...
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