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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.
Collier Motors is a private car dealership primarily selling cars built by American Motors Corporation (AMC) as well as with other makes. The business was for many years an AMC franchised dealership located on business U.S. Route 117 in Pikeville, North Carolina .
The Raleigh-based Leith Automotive Group announced it is the flagship dealer for VinFast, adding the North Carolina-bound electric vehicle manufacturer to its regional network of more than 25 ...
The planned development would have increased Cary's tax base by 18%. Site clearance and road work began, but construction was halted when a national recession forced the company to declare bankruptcy in late 1989. The Crossroads Mall site was soon purchased by New Market Development. In 1990, they filed drastically changed plans.
Ford sold Jaguar and Land Rover to Tata Motors in March 2008 for £1.15 billion. As part of Ford's sale of Jaguar and Land Rover to Tata Motors, the defunct Rover brand name was included, as well as the Daimler and Lanchester marques. [11]