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NEWS
March 15, 2006
Earnest Paul Carico, who made his home in Pikesville for 40 years, died of heart failure March 5 at a hospital in Sarasota, Fla. He was 68. Born and raised in Woodlawn, Va., the retired auto sales executive and former Pikesville resident served in the Marine Corps during the 1950s. He worked in the grocery department of Giant Food Inc. for 20 years before becoming a partner in Slayton's Auto Sales in Dundalk. He retired eight years ago. A resident of Harrisburg, Pa., since 2003, Mr. Carico enjoyed going to the racetrack and visiting Atlantic City.
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BUSINESS
Eileen Ambrose | May 21, 2013
It won't win an Oscar, but this movie could be useful if you're in the market for a car. The Maryland Consumer Rights Coalition is holding a screening of its film, Driven to Defraud , at the Enoch Pratt Central Library at 6:30 p.m. today. The movie comes at the same time that the consumer group releases a report on auto sale scams. Among them: Yo-yo sales This is where consumers leave the dealership in a car they think they have purchased, only to be called back days or weeks later and told that the sale or financing didn't go through for some reason.
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BUSINESS
By Rick Popely and Rick Popely,CHICAGO TRIBUNE | October 3, 2007
CHICAGO -- Though automakers acknowledge that a slow housing market and tighter credit standards are hurting auto sales, the industry hasn't suffered the meltdown some analysts have predicted. Auto sales fell 3 percent in September to 1.13 million vehicles, beating some expectations. However, Ford Motor Co. tumbled 20 percent in September, compared with September 2006, and Toyota fell 4.4 percent. General Motors Corp. eked out a tiny increase despite a two-day strike, joining Honda and Nissan, which also rose.
BUSINESS
By Sun staff and Tribune Newspapers | July 2, 2009
Auto sales in the U.S. remain severely depressed, but results released by automakers Wednesday pointed to what could be the first signs of a recovery after a long and bleak run. The industry as a whole declined 28 percent in June compared with a year ago, according to Autodata Corp., with 859,847 cars and light trucks sold, its smallest dip since September. Ford Motor Co., the nation's second-largest automaker, led the way, with a modest 11 percent decline in sales in June, compared with a year earlier, its smallest slide in more than a year.
BUSINESS
By Amy Harmon and Amy Harmon,Los Angeles Times | May 5, 1991
DETROIT -- April sales of cars and trucks tumbled 17.9 percent from a year ago, automakers reported Friday, crushing any hopes that the slight quickening of the sales pace in March was the beginning of a steady recovery.Imported and domestically built vehicles sold at a seasonally adjusted annual rate of 11.2 million, down from March's more encouraging 12.4 million. Battered by war, recession and drooping consumer confidence, auto sales have been depressed for almost a year. In April 1990, vehicles sold at an annual rate of 13.8 million.
NEWS
April 11, 1997
IF THEY HANDED out awards at the end of the legislative session in Annapolis, Del. Phillip D. Bissett would be a nominee this year in the category of "insulting the public's intelligence."As chairman of the Anne Arundel County delegation, Mr. Bissett held the power to call for a vote on a bill that would allow Sunday car sales in his county. The proposal was opposed by auto dealers, who didn't want to change long-held ways of doing business. But they also didn't relish a change that would pave the way for Florida billionaire entrepreneur H. Wayne Huizenga to open a seven-day-a-week Auto-Nation USA used car "superstore."
BUSINESS
By Ken Bensinger and Ken Bensinger,Los Angeles Times | October 2, 2008
Auto sales dropped sharply in September as consumer unease mounted in the face of the crisis on Wall Street and restricted credit. Toyota Motor Corp., Chrysler, Ford Motor Co. and Nissan Motor Co. reported U.S. sales declines of more than 30 percent for the month, compared with September 2007, while Honda Motor Co. and General Motors Corp. showed sharp downturns, as well. Overall, the industry sold 964,873 vehicles - a 26.6 percent slide from a year earlier and its biggest percentage drop in 17 years, Autodata Corp.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | December 11, 2002
Maryland consumers tightened their purse strings last month and bought 17.3 percent fewer new cars and light trucks than during November last year, according to figures released yesterday by the state Motor Vehicle Administration. Last month's sharp decline does not accurately reflect the health of Maryland's auto industry or the state's economy, according to auto officials and at least one economist. November was actually better than the numbers imply, said John Miller, a partner in Miller Brothers Chevrolet, Oldsmobile, Ford and Cadillac in Ellicott City and a director of the Maryland New Car and Truck Dealers Association.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | August 3, 2005
DETROIT - Auto sales in the United States surged to their highest monthly level ever in July, on the strength of easy-to-understand employee- discount programs offered by domestic automakers, and what appears to be a strengthening national economy. The surge, revealed when automakers released their results yesterday, left local automakers with smaller-than-normal inventories of cars and trucks across the country, although none of them announced plans to increase production at factories.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | December 28, 2000
Sales of new cars and light trucks in Maryland dropped slightly last month, an indication that the economic slowdown in much of the nation has come to the state. According to figures released yesterday by the state Motor Vehicle Administration, sales in November were 1.3 percent lower when compared with November 1999. Consumers bought 28,680 new cars and light trucks last month, the MVA said. That compares with sales of 29,050 in the corresponding period of last year. Dealers had one more selling day last month than in November 1999.
BUSINESS
By Jerry Hirsh and Jerry Hirsh,Tribune Newspapers | May 2, 2009
The major automobile makers posted further sales declines in April on Friday, punctuating a brutal week for an industry that saw one of its largest companies plunge into bankruptcy and signs that a similar fate awaits its biggest U.S. player. Chrysler, which filed for Chapter 11 bankruptcy Thursday and signed a deal to hand over its management to Fiat, reported Friday that its U.S. vehicle sales plunged 48 percent in April from a year ago. The Auburn Hills, Mich., company sold 76,682 cars, truck and SUVs during the period, a number depressed by a large reduction in fleet sales to rental car companies and government agencies as Chrysler attempts to focus on the consumer market.
BUSINESS
By Ken Bensinger and Ken Bensinger,Los Angeles Times | October 2, 2008
Auto sales dropped sharply in September as consumer unease mounted in the face of the crisis on Wall Street and restricted credit. Toyota Motor Corp., Chrysler, Ford Motor Co. and Nissan Motor Co. reported U.S. sales declines of more than 30 percent for the month, compared with September 2007, while Honda Motor Co. and General Motors Corp. showed sharp downturns, as well. Overall, the industry sold 964,873 vehicles - a 26.6 percent slide from a year earlier and its biggest percentage drop in 17 years, Autodata Corp.
BUSINESS
By NANCY JONES-BONBREST and NANCY JONES-BONBREST,SPECIAL TO THE SUN | April 16, 2008
John Dickerson Internet sales manager Antwerpen Volkswagen, Pasadena Salary --$50,000 Age --22 Years on the job --three How he got started --Dickerson began working at the dealership when he finished high school, washing and moving cars. He then switched to the parts department, working in sales, and eventually moved into car sales. He began his current job with the Internet division about 18 months ago. Typical day --Most of Dickerson's day is spent talking to customers and arranging appointments for them to take test drives.
BUSINESS
By MarketWatch | January 3, 2008
SAN FRANCISCO -- Major automakers will close their books today on what is expected to be the worst year of car sales in almost a decade. December's likely retreat has done little to inspire hope for a broad turnaround in the coming year, according to Goldman Sachs analyst Robert Barry, who predicted double-digit declines from a year ago for both General Motors Corp. and Chrysler LLC. Barry is looking for Ford Motor Co. to fare the best of the domestic competition, but only because December a year ago was so weak.
BUSINESS
By New York Times News Service | November 2, 2007
DETROIT -- Over the last two years, the three American auto companies have vowed that their plans to slash nearly 80,000 jobs and close more than two dozen plants would be enough to transform them into leaner and nimbler competitors. But the housing bust and soaring oil prices have forced Chrysler LLC and General Motors Corp. to make another round of surprising cuts, with no guarantees that these will be the last. Yesterday, Chrysler announced it would eliminate 11,000 hourly and salaried jobs in the United States and Canada, and cut shifts of workers at five plants.
BUSINESS
By Rick Popely and Rick Popely,CHICAGO TRIBUNE | October 3, 2007
CHICAGO -- Though automakers acknowledge that a slow housing market and tighter credit standards are hurting auto sales, the industry hasn't suffered the meltdown some analysts have predicted. Auto sales fell 3 percent in September to 1.13 million vehicles, beating some expectations. However, Ford Motor Co. tumbled 20 percent in September, compared with September 2006, and Toyota fell 4.4 percent. General Motors Corp. eked out a tiny increase despite a two-day strike, joining Honda and Nissan, which also rose.
BUSINESS
By New York Times News Service | May 2, 1995
DETROIT -- Most automakers reported yesterday that their sales plunged in April, in the most striking of four consecutive monthly declines, dashing their hopes that warm weather, stable interest rates and fattened incentives would bring buyers back to showrooms.Several companies, including Chrysler Corp. and Honda Motor Co., posted double-digit percentage decreases from a strong month a year earlier. Automakers controlling two-thirds of the U.S. market reported sales yesterday, and not one major company reported an increase.
BUSINESS
By Ted Shelsby and Ted Shelsby,Sun Staff Writer | September 13, 1995
New vehicle sales in Maryland declined for the third consecutive month in August as state motorists rejected the generous cash rebates offered by car manufacturers designed to clear the lots of 1995 models.According to registration figures released by the Motor Vehicle Administration yesterday, new vehicle sales were 7.9 percent below the sales pace in the same month last year.For the first eight months of the year, auto and truck sales are off 3.6 percent in Maryland, according to the MVA.Michael Conte, director of regional economic studies at the University of Baltimore, took an optimistic view of the sales trend.
BUSINESS
By NEW YORK TIMES NEWS SERVICE | May 3, 2006
DETROIT -- Americans shied away from large sport utility vehicles and pickup trucks in April as gasoline prices approached $3 a gallon, and with a battery of new SUVs waiting in the wings, domestic automakers are now facing the very scenario they had hoped to avoid. Despite gains at Toyota and Honda, declines at General Motors, Ford, DaimlerChrysler and Nissan pushed vehicle sales in the United States down 0.1 percent in April, according to Ward's AutoInfoBank. General Motors had the biggest drop, selling 7.3 percent fewer vehicles than it did in April 2005.
NEWS
March 15, 2006
Earnest Paul Carico, who made his home in Pikesville for 40 years, died of heart failure March 5 at a hospital in Sarasota, Fla. He was 68. Born and raised in Woodlawn, Va., the retired auto sales executive and former Pikesville resident served in the Marine Corps during the 1950s. He worked in the grocery department of Giant Food Inc. for 20 years before becoming a partner in Slayton's Auto Sales in Dundalk. He retired eight years ago. A resident of Harrisburg, Pa., since 2003, Mr. Carico enjoyed going to the racetrack and visiting Atlantic City.
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