Automotive Industry Expert James Bell Joins Kelley Blue Book as Executive Market Analyst IRVINE, Calif., Sept. 14 /PRNewswire/ — Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information, today announces auto industry veteran and expert James Bell has joined Kelley Blue Book as its primary executive market analyst, expanding the analyst team and company’s ability to provide insight and commentary on industry news and events as well as an array of automotive data
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At least it’s not the worst kind of problem the auto industry has faced in the last two years. Now that the Cash for Clunkers program has come to an end, dealers find their new-car inventories depleted and their used-car supplies — already thin in a market that has favored used vehicles — greatly reduced. Car buyers will likely have to deal with slim pickings for most of September as dealers reload — a process that usually takes 30-45 days as factories ramp up production. Supplies of the C
Struggling German department store owner Arcandor AG has had an application for euro650 million ($908 million) in government loan guarantees rejected, an official said Monday. However, Economy Ministry spokesman Steffen Moritz said a decision was still pending on a separate application for euro437 million in government-backed credit to keep the company going. The shakeout in the US auto industry will mean fewer but larger dealerships - decreasing competition among dealers and push
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