• close-out-dealers

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    close-out-dealers

    TV6-WECT.com:News, weather & sports Wilmington, NC Whiteville Ford Closure Leaves Customers & Employees Seeking Answers – WECT TV6-WECT.com: News, Weather & Sports Wilmington, NC

    WHITEVILLE, N.C. (WECT) – Employees of Patriot Ford in Whiteville were informed Monday that the dealership would be closing, effective immediately. One employee says he received his last paycheck and a letter that did not explain the reason for the closure.Patriot Ford Owner Christina Van Ness did n…….

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    close-out-dealers

    Employees of US Auto Sales shocked when asked to leave work as dealerships abruptly close in Southeast – 11Alive.com WXIA

    An email sent out Monday asked employees to finish what they were working on, clock out and leave the facility.

    ATLANTA — The future of U.S. Auto Sales is uncertain as many factors seem to have led the company to temporarily close its 39 dealerships across six states including…….

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    Ford loses nearly 400 participants from its EV dealer program – Electrek

    Ford asked its dealership network to become a part of the automaker’s “revolutionary” EV transformation last year.

    In December, CEO Jim Farley revealed that 1,920 dealers joined the program. Of them, 1,659 dealers chose the higher “Certified Elite” tier.

    The other 261 went…….

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    “2023: US Short-Term Financing Rate Soars as Dealers Wrap Up Books” – Yahoo Finance

    By Davide BarbusciaNEW YORK (Reuters) – A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move some market participants attributed to dealers closing their balance sheets for the year.The DTCC GCF Treasury Repo Index, which tr…….

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