Signature Inns founder plans auto-care franchises
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
A division of the Swedish automaker claims in a federal suit that local car dealer Andy Mohr failed to deliver on several promises after securing a five-year contract to sell Volvo trucks. An attorney for Mohr counters that Volvo is at fault and said Mohr plans his own lawsuit.
Jerry Dahm is asking a Hamilton Superior Court judge to force the two owners of the company to buy his stake in its real estate arm for more than $26.2 million, on top of another $3.3 million he wants from his share in the car wash chain. The two owners already have agreed to pay him $17.1 million.
Lawyers on Wednesday finished presenting evidence to determine the true value of Mike’s Carwash Inc. and how much a former co-owner should have been paid for his share in the company.
The private company and principals Bill and Mike Dahm are defendants in the lawsuit brought by Jerry Dahm, a cousin who once owned 35 percent of the company and claims he was forced to sell his shares at a discounted rate.
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Company announced plans in May 2009 for a $2 million lube shop and car wash in Avon. But more than a year later, work hasn’t
started.
GM’s axing of its Saturn brand may fuel the nationwide emergence of an Indianapolis-based used-car franchisor. The first All
Things Automotive franchise will open this month in Fishers, at the former Saturn store owned by Lockhart Automotive Group.
The town has agreed to create a tax-increment financing district to help fund infrastructure improvements for Butler Automotive
Group’s proposed development.
Butler Automotive Group is proposing a $19 million development along Indiana 37 that could include five auto dealerships and
create about 230 jobs.
An All Things Automotive franchise is replacing Saturn of Fishers. The concept, aimed particularly at displaced Saturn dealers,
involves used-car sales and service bays stocked by Carquest.
Freda Lockhart was the first woman to open dealerships for Cadillac and Saturn automobiles.
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.
Former dealer saw the end coming, but says customers are following him to Volkswagen and Subaru.
Forrest Lucas is following through on plans to take his namesake brand of oil and fuel additives to the mass market.