 New Zealand Herald | Turners Auctions' profits hit brakes National Business Review, New Zealand Sales of repossessed vehicles were up 100% over the year, while government business was also strong (up 24%). This came as the total used car market dropped 9% or 100000 vehicles on a rapid decline in Japanese used import sales (down 25%). ... Turners primed to grow as downturn hits dealers Turners Auctions Profit Down But Special Dividend Declared Turners Auctions 2008 Full Year Results Summary |
‘Can’t Fix Broken Auto Dealer’ - Ward's Auto (subscription)
‘Can’t Fix Broken Auto Dealer’ Ward's Auto (subscription), MI He explains: “If the dealer has given a personal guarantee that a particular customer is a good credit risk, and if that turns out to not be the case and we have to repossess the car, it doesn’t go to the auction. It goes to the dealership.” |
Car Repo Business Struggling as Fewer Buyers Get Car Loans - AutoLoanDaily.com
 AutoLoanDaily.com | Car Repo Business Struggling as Fewer Buyers Get Car Loans AutoLoanDaily.com, FL Repo orders across the country increased to 1.67 million last year, from 1.49 million in 2007, reflecting defaults on cars bought over the previous 12 to 24 months, according to Manheim, a used-car auction company. Car loan financing is down 32% from a ... |
The travails of Detroit - Financial Times
 Financial Times | The travails of Detroit Financial Times, UK Now Hamtramck is seeing repossessions balloon, and its anchor stores replaced by dollar shops. As GM and Chrysler neared bankruptcy last year, Majewski joined about 30 other officials from towns with car plants on a trip to Washington. ... |
Soldier's truck repossessed after he is deployed - Northwest Cable News
Soldier's truck repossessed after he is deployed Northwest Cable News, OR Two days later, the repo man showed up. "I was able to open the door wide enough to see that my car was hitched and I just started crying because I just made a payment," she said. The repossession agency took their 2004 Ford, the only mode of ... |
Kouts man, 35, charged with theft of cars, cash - Gary Post Tribune
Kouts man, 35, charged with theft of cars, cash Gary Post Tribune, IN Investigations showed Kratz wrote off the cost of a repossessed 1999 Ford Ranger in November 2004. Court records state he then put the vehicle in his name after it disappeared from the lot a few days later. A 1999 Plymouth van purchased at auction for ... |
