Congress downsized a tax break for new car buyers. The compromise version of the economic stimulus bill includes a Senate-approved provision that would allow consumers to claim a federal income tax deduction for sales taxes and excise taxes paid on new vehicle purchases. ...more

February 14, 2009

Seven banks and financial institutions are refusing to make vehicle loans to Ernie Haire Ford customers, which could make it even more difficult for the dealership to emerge from bankruptcy. ...more

January 2, 2009

A car dealership owner is in the Polk County Jail today facing more than 60 charges in connection with an alleged scheme of accepting car trade-ins but not paying off the vehicle loans, according to the State Attorney's Office. ...more

December 18, 2008