Thinning dealer ranks is key to reducing GM and Chrysler's costs
But contracts make it nearly impossible for the automakers to simply put these independent business owners out of commission, the way they can lay off employees. Car dealers -- sponsors of Little League, fixtures of Main Street, vibrant symbols of the American entrepreneurial dream -- could now prove to be the biggest threat to the future of the very industry they built.
GM recalls 1.5M vehicles over potential fires
General Motors Corp. is recalling 1.5 million vehicles because of potential engine fires. GM says there have been no reports of any fires or injuries.
Honda Motorcycle launches new Activa with more mileage
Honda Motorcycle and Scooter India Private Limited (HMSI), two-wheeler subsidiary of Honda Motor Company, Japan, today launched the "New Honda Activa", with refresing new style, more mileage and hoard of new features.
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