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auto industry

Audi, Volkswagen recall thousands of vehicles

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There is a major auto recall involving Audi and Volkswagen. The two are recalling 16,000 cars that can suddenly develop a potentially deadly transmission problem. Full story...
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Cash for Clunkers running out of gas

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videoThe government's cash for clunkers program has done exactly what it was designed to do: sell new cars and get gas guzzlers off the road. The program has been so successful that, like many of the clunkers traded in, the program is now broke. Full story...
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D&E Dodge to close tomorrow amidst auto industry troubles

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videoSupreme Court Justice Ruth Bader Ginsburg has temporarily delayed Chrysler's sale to Fiat. Meantime the clock is ticking for a local auto dealer. Barring a last minute legal miracle, D&E Dodge's days in the Chrysler family are over as of Tuesday. Full story...
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General Motors announces rounds of cuts

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videoThursday it was Chrysler, Friday it was General Motors telling their dealers they are out. Eleven-hundred dealers got letters today. Full story...
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D&E Dodge terminated as Chrysler cuts dealerships

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videoBankrupt Chrysler Motors is putting nearly 800 of its own dealers out of business. The announcement hit like a bomb across the country and our area was not spared the fallout. Full story...
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Bruce Cavanaugh closes up shop

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videoBruce Cavanaugh has closed his auto sales business. The problem is financing, more specifically the lack of it. Full story...
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NADA's NC chair calls auto bailout a good step forward

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videoThe National Auto Dealers Association is the voice of local auto dealers across the country. NADA chair Annette Sykora called today's action, “The first step toward restoring consumer confidence." Full story...
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US auto industry bail out affecting local auto dealers

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videoWe don't have any auto manufacturing in North Carolina, so we don't have much riding on the fate of the US auto industry, right? Wrong. Full story...
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