Bill Heard, Nations Top-Selling Chain Of Chevy Dealerships, Goes Out Of Business

Bill Heard Enterprises is closing its remaining 13 car dealerships. The country’s top selling Chevy dealer group, Heard blames "adverse economic conditions, high gasoline prices and our traditional product mix.” However, Heard has come under significant legal scrutiny in the past few years, leading us to believe that… »9/25/08 1:00pm

Breaking! Delphi Gets $3.4 Billion As A Little Something To Keep It Going Through The Show

Well, it looks as though the saga of whether auto parts supplier Delphi will drag the General underwater into the inky abyss is getting a bit of a reprieve today. That reprieve is coming to the tune of $3.4 billion in stock buybacks of the broke n' busted auto supplier from Appaloosa Management LP, Cerberus Capital… »12/18/06 9:25am