Car Dealerships: The Good & The Bad
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Jeep maker Stellantis reinstates financial guidance but flags ‘tough decisions’ ahead
- Stellantis reported a first-half net loss of 2.3 billion euros ($2.65 billion), compared to a net profit of 5.6 billion euros over the same period in 2024.
- The Jeep maker updated its full-year tariff impact to roughly 1.5 billion euros, of which 300 million euros was incurred during the first half.
- Milan-listed shares of Stellantis traded lower during early moring deals.
Stellantis, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, reported a first-half net loss of 2.3 billion euros ($2.65 billion), compared to a net profit of 5.6 billion euros over the same period in 2024.
The multinational conglomerate had flagged the first-half loss in a surprise trading update last week, saying at the time that the move was necessary due to the difference between consensus forecasts and the firm’s performance.
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Woman says Albany dealership took her old car, her money, left her with dud
ALBANY, N.Y. (WRGB)— What was supposed to be a routine car trade-in has turned into a legal and financial nightmare for one Schenectady woman, who says she’s been left with a broken-down vehicle, a damaged credit score, and no answers about what happened to her old car.Heather Brown told CBS6 she went to Broadway Cars LLC in Albany on June 2, trading in her 2015 Ford Escape and putting $11,000 in cash toward a used 2017 Infiniti QX60, which cost more than $15,000. She paid the rest off with a credit card.
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Used Car Mess: Bad Used Car, Lien Not Paid On Trade-In
Jul 28, 2025A veritable grab bag of used car issues.
11:23
God, I hate car dealers...
I had a Chinese motorcycle, 15 years ago.
Purchased, essentially, without a dealer. This was before Amazon was the drop-ship emporium - I bought it from a used-motorcycle mega-store that was trying to break into new sales. This company, Xingyue, was the first to sign on with a franchise.
Which didn't last, thanks to Xingyue's being completely hosed-up. They gave the franchise BACK - in no small part due to their experiences with my warranty.
Camshaft drive chain. It slipped several teeth at 2000 miles, and the engine needed a teardown. And they were SIX MONTHS of deliberate stalling, for parts. Finally they fixed it - I think they just used what similar parts they could find (engine was a Yamaha clone) and put it in to get it, and me, gone.
Point I'm making is, without support from the automaker AND RETAIL AGENT, a buyer is taking a YUUGE risk. ESPECIALLY with all this gee-whiz crap and the computerization of everything.
That doesn't excuse the dealers in this. The same people (such as Stellantis) who make really-crappy cars, have really-crappy dealers. They do not police their ranks.
These dealers, as above, need to be shut down, sued out of existence. But...with all the Jeeps and Rams that have electronics going wonky, all the GM and Chevy trucks with engines going out at 40k miles...how is NOT having a retail agent with a shop, going to help?
Another Memory-Lane story. Of my mother, who bought a 1990s Toyota Camry.
It was her first experience with the brand. She didn't know what to expect. The local dealer that gave her the best price, Spitzer, was an early mega-dealer that had been in court a lot. Okay, well, Toyotas are reliable, she thought. I shouldn't be seeing them.
Well, long story short, she had a failure - starter and flywheel ring gear. Not having a mechanic that worked on these new metric cars, she had it towed to the dealer.
And was shocked. The same dealer, sued in class action for fraudulent repairs, fake invoice prices, altered purchase orders in their Ford stores...suddenly were tripping over themselves to make this car right. Hidden-warranty repair, free to the customer. Done quickly.
That made my mother a lifetime customer; but it ALSO shows, how much the auto company can control the retail franchisee. Toyota, at this time, I later learned, had put down standards of customer treatment - and promised that any agency not abiding, would lose its franchise.
So. Fraudulent dealer actions? BLAME THE AUTOMAKER. This, "they're just agents, we don't control them" crap doesn't wash. And allowing Internet couch-purchases, won't solve the problems - ESPECIALLY surrounding garbage product.
The write-up was actually interesting.
That dealer...looks and sounds like a BHPH dealership. "We TOTE the NOTE!"
I don't know what ANYONE is doing, buying an $11k car from such a place. Or expecting this place not to be doing shell-games with titles, liens, payments.
An Infiniti is a higher-end Japanese brand. 2017 is not that old, in the Japanese-car world. The low price would have been a red flag. And, if she had a down payment, why not just pay off the trade-in?
Steve, above, talks in the end about laws that are traps for the stupid. This dealership is also, apparently, a trap to catch the stupid.
She done got caught.