BUSINESS
By Jay Hancock and Jay Hancock,jay.hancock@baltsun.com | October 16, 2009
New cars sold to Marylanders hit their highest point in more than a year in September as the federal "cash for clunkers" program lured buyers into the showrooms. The Motor Vehicle Administration registered 26,992 new cars and light trucks in September. That was the most in one month since July 2008, when 29,188 were recorded. Last fall's financial collapse caused a plunge in consumer spending that sent some car manufacturers hurtling toward insolvency and gave dealers their worst year in more than a decade.
NEWS
By Larry Carson and Larry Carson,Sun reporter | October 31, 2007
The 4.2-acre used-car lot that Frank Saglimbeni wants to build doesn't seem outsized in this era of big-box stores, but to hundreds of residents who live near the bucolic 19th-century crossroads known as Daisy in far western Howard County, it's a monster. On a field where narrow, winding Daisy Road meets hilly, scenic Union Chapel Road in an unevenly aligned intersection, Saglimbeni plans to build a 3,850-square foot, two-story building and a lot for 155 vehicles on land that has been zoned for business for more than 50 years.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | January 12, 2003
It should be another favorable year for the U.S. auto industry, but there will be some bumps in the road. Auto analysts and industry officials see new-car sales remaining stable in Maryland and the nation, assuming there is no war in the Middle East. A conflict could reduce sales by as much as 6 percent, they said. Other predictions include: Labor talks leading to new contracts between the Big Three domestic automakers and the United Auto Workers union. A continuation of the generous incentives that boost new-car sales but cut into the profits of the automakers.
NEWS
By Frederick N. Rasmussen and Frederick N. Rasmussen,SUN STAFF | November 28, 2002
Samuel J. Zito, a sprightly centenarian who had operated Zito Buick Services in Baltimore for 40 years, died of respiratory failure Friday at Gilchrist Center for Hospice Care. He was 100. Mr. Zito, a 51-year resident of East Lake Avenue who would have been 101 next month, was born in Baltimore. One of seven children of Italian immigrant parents, he was raised on Pennsylvania Avenue, where his father owned a confectionery and fruit store. His entrepreneurial instincts began early, when he was delivering newspapers at the age of 6. He swept the floors of a barbershop after school for 50 cents a week, and as a 14-year-old delivered singing telegrams for Western Union.
BUSINESS
By Gus G. Sentementes and Gus G. Sentementes,SUN STAFF | May 8, 2001
James L. Dunbar Sr. remembers acting as both salesman and security guard for his start-up armored car company in Baltimore in the 1950s and 1960s. Most days, he'd meet with clients in the morning, then put on a uniform and a gun to provide those services with his sole armored car in the afternoon. "When I was 26, no one was going to knock me off," said Dunbar, now 71, in an interview last week. "I thought I would live forever." But as his company grew across the country in the 1980s, Dunbar started to plan for a time when he'd no longer be in charge.
BUSINESS
By Gus G. Sentementes and Gus G. Sentementes,SUN STAFF | December 13, 2000
A start-up insurance company that promises to offer more affordable insurance policies to city residents and small businesses will announce today that it plans to begin operations in mid-summer of 2001. American Skyline Insurance Co., with headquarters at 14 Light St. in Baltimore, will offer standard personal and commercial insurance coverage to customers in Baltimore and Washington, including policies for automobile owners, homeowners and small business owners, said the company's chief executive officer, Earnest E. Hines.