The wait for a car loan decision will be shortened dramatically when the Internet replaces the fax machine as the main mode of communication between dealerships and lending institutions.Next to the customer's dithering over which car to buy, the...
RICHMOND, VA - A second "Battle of Richmond" could be shaping up, this time also centering on fear of control by an outside force.In 1865, the Union won the original battle for the capital of the Confederacy and of Virginia.This time, the Virginia...
NORWALK, CT - "I didn't know anything about this business before I got into it," says Wall Street broker-turned-auto-dealer Marc Blitzer.He's president of Devan Motors in Norwalk, CT. In February of 1996, Mr. Blitzer and partner Jonathan Brostoff...
THERE'S THE STORY OF A MAN WHO IS ON HIS hands and knees frantically searching for a lost object under a street light on an otherwise darkened street.A passerby asks, "What are you looking for?"The man replies, "I dropped my key ring containing...
In today's thriving economy, corporate mergers and acquisitions are making headlines.Technology companies, manufacturers and financial institutions are all consolidating, creating entities with critical mass - and the automotive industry is no...