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Willets Point, also known locally as the Iron Triangle, is an industrial neighborhood within Corona, in the New York City borough of Queens.Located east of Citi Field near the Flushing River, it has been known for its automobile shops and junkyards.
Traditionally, car dealership had small window front showrooms. Later, most car dealerships converted to large parking lot-based stores with integrated parts and service departments. In many case, an auto row is a vehicle-themed historic district rather than a current location to purchase cars.
Corona is patrolled by the 110th and 115th Precincts of the New York City Police Department (NYPD), located at 94-41 43rd Avenue and 92-15 Northern Boulevard, respectively. [6] The 110th Precinct ranked 15th safest out of 69 patrol areas for per-capita crime in 2010. [ 39 ]
The brush fire, dubbed the Serrano fire, broke out around 2:42 p.m. in the 600 block of Corona Avenue, not far from Serrano Drive, according to Corona fire spokesman Daniel Yonan.
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012. In used-vehicle sales it also ranks No. 9, with retail used-vehicle sales of 49,067 in 2012. [38]
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