Listed At $250K In January, 1963 Lincoln Continental Now Going With No Reserve

Auto Evolution,Auto News,Car Industry,Car News,Cars ReviewThis Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media. Maroone Automotive turned part of Republic Industries, AutoNation’s predecessor, in a $200 million inventory deal. Mike Maroone ultimately grew to become the longtime COO of AutoNation, which grew into the most important dealership group within the country. Mike Maroone advised Automotive News that his dad agreed to the deal for his son’s sake, to offer him an opportunity to help construct a nationwide platform.

The Trailblazer and Trax held a combined 15.eight p.c of the subcompact crossover segment in 2020, compared with 13.7 percent share for the Trax alone in 2019, according to the Automotive News Analysis & Knowledge Middle. And the Encore GX — 3 inches longer and at least $1,000 extra — already supplanted the Encore as Buick’s prime seller in 2020, its first year on the market.

From 1969 till 1975, sole brokers and assemblers had been represented by separate groups, GAM (Gabungan Assembler Mobil) and GAKINDO. 29 In 1972 the government decreed that assemblers and agencies be consolidated and since 1975 the business was represented by the unified GAAKINDO trade group (Gabungan Agen-agen dan Assembler Kendaraan Bermotor Indonesia, “Association of Indonesia Sole Brokers and Car Assemblers”). 30 In the first half of the Eighties, GAAKINDO was an outspoken opponent of the government’s localization packages. 18 In 1985 the group was reconsolidated into a brand new group called GAIKINDO (Gabungan Industri Kendaraan Bermotor Indonesia, “the Affiliation of Indonesia Automotive Industries”).

The Kuga follows up that advantage in familiar methods. It’s sometimes poised and sporty-feeling in its journey and handling, steering sweetly by class standards and maintaining good physique control always, with a reasonably taut however comfortable experience. The automotive’s 2.5-litre Atkinson cycle petrol engine, mixed with its electric motor, doesn’t give it commanding efficiency, with the automobile’s transmission appeaing to sap some of what’s available. Even so, 0-62mph in less than 10sec is at the least aggressive for a automobile like this, and drivability is ok. Refinement is also surprisingly good.

Dave Cantin and Poncho Redfern of DCG Acquisitions, a Dave Cantin Group company, represented the vendor within the transaction. Chandler, Alfred D. ed. Giant enterprise: Ford, Common Motors, and the auto trade; sources and readings (1964) online , consists of major sources. The set-up in the car wants to allow for future enhancements and future applied sciences, and new services,” Carsten stated.