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Retail auto salesman, first black auto dealer, built the first shopping mall Homer B. Roberts (1885–1952) was a graduate of Kansas State Agricultural College and veteran of World War I who was the first black man to attain the rank of lieutenant in the United States Army Signal Corps .
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.
"National Automobile Dealers Association: An Organization of Motor Car Dealers Throughout the United States Working for the Betterment of Trade Conditions and Protection of Agents' Interests". The Automobile Journal. 65: 40– 41. April 25, 1918. "NADA 100: A Century of the National Automobile Dealers Association". Automotive News. 2017.
With just over 30 hours to go before a strike deadline he set, United Auto Workers President Shawn Fain on Wednesday rolled out the latest, unprecedented twist in his unorthodox campaign to win a ...
Fain has used some previous such events on Fridays to announce expansions of strikes against Ford Motor, General Motors and Chrysler parent Stellantis since the walkouts began on Sept. 15. The ...
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