Kingsport Times News Thursday, April 24, 2014
Business & Technology

'No news is good news' for Tri-Cities area GM dealers

May 15th, 2009 12:00 am by NET News Service

It seems GM's ax didn't fall on local auto dealers, whose emotions stayed on a string Friday as GM notified more than 1,000 of its dealers it planned to eliminate them a move that drew mixed responses from several area GM dealers.

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Business & Technology

GM notifying 1,100 dealers it won't renew franchise agreements; so far local dealerships tight lipped about notices

May 15th, 2009 12:00 am by Staff and wrie report

DETROIT (AP) A day after Chrysler LLC told a quarter of its dealers that it won't renew their contracts, owners of General Motors Corp. dealerships are awaiting word on whether they will be next.GM said it will notify 1,100 U.S. dealers on Friday that th

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Business & Technology

Tri-Cities loses 8,303 jobs in first quarter

May 14th, 2009 12:00 am by Sharon Hayes

The Tri-Cities lost more than 8,000 jobs in the first quarter of the year, pushing the region's unemployment rate up to more than 8.5 percent.According to the latest labor market report issued Thursday by East Tennessee State University, the region lost a

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Business & Technology

Alley's and Don Hill are on Chrysler's closure list, but don't count them out yet

May 14th, 2009 12:00 am by Sharon Hayes

KINGSPORT Two Kingsport Chrysler dealerships Alley's Chrysler Dodge and Don Hill Jeep Eagle are targeted for closure. But don't count them out just yet. Chrysler under the direction of a government automotive task force said it wants to shed 789 deal

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Business & Technology

Chrysler dealer: Waiting for news is the hardest part

May 13th, 2009 12:00 am by Sharon Hayes

KINGSPORT Chrysler dealerships around the country could find out in the next few days whether or not they'll be closed as part of the automaker's restructuring efforts. Now in bankruptcy, Chrysler is expected to slash as many as 800 of its nearly 3,200 d

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Business & Technology

Morgan Insulation in Erwin closing its doors; 42 jobs lost

May 12th, 2009 12:00 am by Jim Wozniak

ERWIN Two layoffs earlier this year that removed more than 20 people from the payroll were not enough to save an Erwin company. Morgan Insulation will start shutting down July 13 and should finish within two months, plant manager Tom Walters said Tuesday

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