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Dealer's belief in Porsche led to $5 million store

Car dealer Jack Daniels IV is used to seeing the grins on people's faces when they hear his name. And he's OK with it. "People have said, 'It's my favorite drink, so I thought I'd buy a car from you,' " says Daniels, who in April opened the largest Porsche dealership in America.

Peugeot 207 GTI (2007): first official pictures

By Tim Pollard First Official Pictures 09 February 2007 11:18 Peugeot 207 GTI: the lowdown Could this be the hot hatch to restore the sheen on Peugeot’s GTI badge? On the experience of the French company’s past few efforts, probably not – but the 207 GTI looks set to improve on the lacklustre outgoing 206. Headline-grabbing highlights include the same 175bhp turbo 1.6 as the latest Mini Cooper S; although it’s down on power compared with punchy 190bhp+ rivals like the Renault Clio 197 and Vauxhall Corsa VXR, a brief overboost facility unleashes 195lb ft of twist for overtaking moves in the top three gears to narrow the gap.

Car dealers are buying again

Used car sales in the UK (and just about everywhere else, for that matter) have been in the doldrums, to say the least, for many months. The inexorable decline in car values has left many dealers nursing painful losses on stock cars, and has led to the strange situation where, however desperate a dealer was to sell you a new car, he wouldn’t (or couldn’t) offer you a part-ex price. Car dealers are buying stock again But according to the used car value Gurus at Glasses Guide, things are starting to look up – a little.