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Selling New Tires Pays Off Big for Miami Dealer

2013-03-10 20:57:48| AutomotiveDigest.com - Automotive Industry News

For a dealer service department, increasing tire sales is good business, though not necessarily in direct profit from sale of the tires. The upsell is the biggest reason why we do it. We probably make $20 on the tires. Basically, there are no profits, except for the labor on related work, said Nestor Alvarez, service [...]The Article Selling New Tires Pays Off Big for Miami Dealer appeared first on Automotive Digest.

Tags: big pays selling dealer

Samsung pays JPY 10.38 bln for 3.04% of Sharp

2013-03-06 10:11:00| Telecompaper Headlines

(Telecompaper) Sharp announced that it will issue 35.8 million shares to Samsung at an issue price of JPY 290 per share. The transaction raises JPY 10.38 billion for Sharp and gives Samsung 3.08 percent of Sharp voting shares and 3.04 percent of total issued shares. Sharp said it would use the proceeds further strengthen its relationship with Samsung by ensuring a long-term, stable and timely supply of LCDs for large TVs and small and medium LCD panels for tablets and notebook computers. Specifically, Sharp expects to spend JPY 6.9 billion to introduce new technology for HD LCDs and JPY 3.23 billion to investments including rationalising plans making LCDs with HD features for mobile devices. The transaction is due to close on 28 March.

Tags: pays samsung sharp bln