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The Ypsilanti Automotive Heritage Museum in Ypsilanti, Michigan is an automotive museum that features cars assembled at the nearby Willow Run Plant and vehicles made by Hudson Motors. The museum is an official site of the MotorCities National Heritage Area , [ 1 ] which is "dedicated to preserving, interpreting and promoting the automotive and ...
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
A 1925 Flint car at a 2008 rally in Perth, Western Australia. This plant was located on South Saginaw Street, and manufactured Buick bodies and pressed-metal parts. GM bought the plant from Durant Motors before 1935; it had opened in the early 1920s as Durant Motors headquarters, producing the "Flint" car.
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers. Used car dealers can carry cars from various different manufacturers, while ...
New cars make up 49% of retail auto sales, with used cars making up the other 51%. [36] 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.