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AutoNation continued growing by acquiring other companies in the car rental business such as National Car Rental, Spirit Rent-A-Car, Value Rent-A-Car, Snappy Car Rental and more. [7] In 2011, AutoNation was the first auto retailer in the United States to sell a total of 8 million vehicles. [7]
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Hankey took over his father's Ford dealership in 1972, and built the Hankey Group, with its main business being Westlake Financial Services, [5] which makes subprime car loans [4] [6] at high interest. The company was reported to repossess about 250 cars a day in 2015. [2]
From 2009 to 2011, Ford offered the Ford TH!NK car. Ford ended production and ordered all the cars repossessed and destroyed, even as many of the people leasing them begged to be able to buy the cars from Ford. After an outcry from the lessees and activists in the U.S. and Norway, Ford returned the cars to Norway for sale. [225]
Maroone is a second-generation auto dealer, who started out at his family's Ford dealership in upstate New York. [citation needed] In 1977 he became General Manager of the first Maroone dealership in South Florida. [4] The Maroone Automotive Group would grow to nine dealerships before merging with AutoNation in 1997. [5]
The Ford Aspire nameplate has been used by the American automobile manufacturer Ford for the following cars, in the following markets: Ford Festiva , in North America from 1993 to 1997 The sedan version of the Ford Figo , a rebadged third generation Ford Ka in India since 2015
In January 2011, TrueCar released ClearBook, a used vehicle index that analyzes the used car market in the same way TrueCar did for new cars. [13] [14] In May 2011, TrueCar acquired News Corp-backed Honk.com, a social car shopping platform. [15] In late 2011, TrueCar launched a television advertising campaign with commercials promoting its ...
Development sponsor Ford pulled out of the project when Gulf rejected the engine after a series of tests with the Ford-Weslake in a Mirage M6 at Goodwood and Silverstone, which led Weslake to sue JWAE. The Brabham F1 team also evaluated and rejected the engine. Weslake then offered to sell the design rights to Ford, who declined.
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