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In 1924, Kahler incorporated the Economy Motor Company to sell used cars. Capitalized at $25,000, (equivalent to $444,466 in 2023) the new dealership was co-located with the Broadway Motor Sales Chevrolet dealership at 201 East Broadway in Louisville. [88] The location was known as Louisville's "Chevrolet Corner" by 1925. [89]
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.
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The parts ...
Yenko Chevrolet was a Chevrolet dealership located at 575 West Pike Street in Canonsburg, Pennsylvania. Operating from 1949 to 1982, the dealership is best known for selling customized sports cars during the late 1960s.
The 2008 SEMA Show at the Las Vegas Convention Center. The SEMA acronym originally stood for Speed Equipment Manufacturing Association. [5] In 1970, government regulations became an issue and the name was changed to Specialty Equipment Market Association to improve the overall image of the association.
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The Chevrolet Corvette is a line of American two-door, two-seater sports cars manufactured and marketed by General Motors under the Chevrolet marque since 1953. [ 1 ] [ 2 ] Throughout eight generations, indicated sequentially as C1 to C8, the Corvette is noted for its performance, distinctive styling, lightweight fiberglass or composite ...
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