Local car dealers sign up for federal trade-in program

By Eric Butler: Freedom New Mexico New car dealers in Clovis and Portales spent a little time on Friday trying to register their businesses to be part of the federal government-sponsored Car Allowance Rebate System, formerly Cash for Clunkers, program. How much customers or the dealerships themselves will benefit from the $1 billion nationwide program, […]

GM plans to drop 1,100 dealerships

Staff and wire reports General Motors on Friday told about 1,100 of its dealers — one in five — they would be dropped by late next year, adding to the economic pain radiating from the beleaguered Detroit automakers to cities and towns across the country. Clovis GM dealership owner Bryce Bender said he did not […]

Local dealerships unsure of Chrysler bankruptcy effect

Freedom New Mexico Local Chrysler dealerships say they don’t know what, if any, effect the corporation’s bankruptcy filing will have. Chrysler, the nation’s third-largest car manufacturer, filed for bankruptcy protection Thursday after a group of creditors defied government pressure to wipe out the automaker’s debt. The company plans to emerge in as little as 30 […]