Topic: Motor Vehicle and Parts Dealers

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Sonic to sell notes to retire higher-interest debt

AP News | 2010-03-09 17:31:06
Sonic Automotive Inc. to sell up to $210 million in notes to retire higher-interest debtAuto dealership group Sonic Automotive Inc. will offer up to $210 million in senior subordinated notes to institutional buyers, the company said Tuesday. Proceeds from the sale will cover paying back part of the company's ...
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GM offers to reinstate 661 US dealers slated for closure

AFP Global Edition | 2010-03-06 00:10:11
General Motors on Friday offered to reinstate 661 US dealerships slated for closure under its massive restructuring plan, amid legal challenges from the dealers and pressure from lawmakers. GM sought to shut down about 2,000 dealers - or about a quarter of its network - in order to increase profitability in ...
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GM offers to keep 661 of rejected U.S. dealers

Reuters US Online Report Business News | 2010-03-05 22:20:35
DETROIT (Reuters) - General Motors Co <GM.UL> has offered to keep open 661 of its U.S. dealers once targeted for closure as it tries to shore up sales after emerging from bankruptcy last year. GM once planned to terminate franchise agreements with about 1,300 U.S ...
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Japan Toyota

AP News | 2010-03-04 06:30:51
Japan Toyota
Visitors are silhouetted as they watch a video showing the assembly line of a Toyota Motor Corp.'s plant at the automaker's exhibition hall in Toyota, central Japan, Thursday, March 4, 2010. Toyota's Prius remains the top-selling car in Japan despite the automaker's global recall woes that ...
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