Category Archives: Automotive Industry News

NCT Client Penske Automotive Opens New MINI Dealership

Posted on March 24, 2010

From time to time we like to use this space to highlight important events in the lives of our clients. Recently, one of our clients, Penske Automotive, announced that it is opening a new MINI dealership in Arizona. Here are … Continue reading →

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Deadline for Auto Dealers to Submit Pending Cash for Clunker Deals, Paperwork: Monday

Posted on August 21, 2009

Cash for Clunkers has been incredibly popular from a consumer standpoint, with 457,000 cars being traded in thus far for a total rebate of $1.9 billion. As the Cash for Clunkers program approaches $3 billion, however, the funding is running … Continue reading →

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Latest News on the Car Allowance Rebate System (aka Cash for Clunkers)

Posted on July 28, 2009

The Car Allowance Rebate System — better known by its nickname “Cash for Clunkers” — got underway yesterday with many auto dealers holding out high hopes that it could spurn better times. As expected, reviews for the program have been … Continue reading →

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Auto Industry Update: Two Buyers for Saab, More GM Dealer Closings, Chrysler Asset Sale on Hold, and Rising New Car Sales

Posted on June 4, 2009

We are checking in this afternoon with a quick update on the latest news in the ever-evolving auto industry landscape with links to stories about the two potential buyers for Saab, the Chrysler asset sale being put on hold, and the expectation of rising new car sales. Continue reading →

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