As we have covered in some detail previously, many Australian new car dealers are facing their own credit crisis, with GE Money and GMAC Financial Services pulling out of the Australian floor-plan credit marketplace at the end of this year.

Dealerships that are currently financing their stock through GE Money and GMAC have until December 31, [...]

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The Australian Automobile Dealers Association (Queensland), organiser of the Brisbane International Motor Show, has today announced that the 2009 show (6-15 February) has been held over until 2010. A shortfall in exhibitor numbers due to the global economic downturn is being cited as the main reason behind the cancellation of the 2009 event, with organisers [...]

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