N.A.D.A. Estimates That 700 Dealerships Will Close in 2008.

Kate Linebaugh writes in the October 28, 2008, Wall Street Journal that with the credit crunch and new vehicle sales on track for a 25 year low, the National Automobile Dealers Association (NADA) estimates 700 new-car dealerships will close this year.  This is up from 430 last year.

The markets most vulnerable to dealer closings are California, which has the most dealers of any state, followed by Texas, Pennsylvania and New York.

Read the Full Article Here.

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Nightmare: You’re Driving Franken-Car!

Imagine this Halloween Nightmare:  You discover that your car is really two cars that were “clipped” together by a body shop at the request of an insurance company in order to save money over paying salvage value.

Whether it was your car that was involved (heaven-forbid) in the serious accident and a “clip-job” was ordered, or you purchased the car used and later discovered the clip, you and your occupants’ safety is especially at risk in the event of a second accident.

“Clipping” is a penalty in football, and it should be in the car market. One of the reasons I’m a consumer advocate attorney is to stand up for people when corporate greed puts health and safety at risk.

Read about Clipping in an article written by 

Louis Green

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