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Buy here, pay here. In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have ...
The electric car company Tesla has faced dealership disputes in several US states as a result of local laws. In the United States, direct manufacturer auto sales are prohibited in many states by franchise laws requiring that new cars be sold only by independent dealers. Tesla maintains that, to properly explain to their customers the advantages ...
Ransom E. Olds. Ransom Eli Olds (June 3, 1864 – August 26, 1950) was a pioneer of the American automotive industry, after whom the Oldsmobile and REO brands were named. He claimed to have built his first steam car as early as 1887 and his first gasoline-powered car in 1896. The modern assembly line and its basic concept is credited to Olds ...
Six men working as part of a criminal organization in Michigan have been arrested in connection with the theft of more than 400 vehicles worth about $8 million, authorities said Thursday. The men ...
The Michigan Motor Sports Hall of Fame is a non-profit hall of fame for Michigan auto racers. It was founded in 1982 by Dick Lee and was incorporated April 19, 1982, as a non-profit 501 (c) (3) non-stock Michigan corporation. The Michigan Motor Sports Hall of Fame display is currently located at the Gilmore Car Museum in Hickory Corners.
August 6, 2024 at 5:04 PM. Courtesy Ford. DETROIT — A once “dirty” word, and business, in the automotive industry has become a multibillion-dollar battleground for U.S. automakers, led by ...
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