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Archive for May, 2009

Chrysler to eliminate 25 dealerships in Carolinas

Thursday, May 14th, 2009

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RALEIGH — Chrysler will close at least 25 dealerships in the Carolinas as part of a bankruptcy motion likely to devastate cities and towns.

The company filed the motion with the U.S. Bankruptcy Court in New York on Thursday, citing low dealership sales. Plans to eliminate 789 of its 3,200 dealerships would close at least 14
stores in North Carolina and 11 in South Carolina.

The motion states just over 50 percent of its dealers account for about 90 percent of the company’s U.S. sales. Dealers may appeal the proposal.

Chrysler has received $4 billion in federal loans and has been operating under bankruptcy protection since April 30. Its sales this year are down 46 percent compared with the first four months of last year. Chrysler reported a nearly $17 billion net loss for 2008.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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Chrysler will close at least 25 dealerships in the Carolinas as part of a bankruptcy motion likely to devastate cities and towns.

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Associated poll

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Slow economy puts brakes on plan for Brunswick Forest movie theater

Thursday, May 14th, 2009

It could be a while before northern Brunswick County gets a movie theater.Brunswick Forest, Leland’s biggest development, expected Frank Family Entertainment Group to open a 14-screen theater there this year. But now, the project is uncertain.

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Chrysler closing D&E dealership in Wilmington

Thursday, May 14th, 2009

Chrysler will close at least 25 dealerships in the Carolinas including D&E Car Exchange in Wilmington – as part of a bankruptcy motion likely to devastate cities and towns.

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Census report shows minorities gaining in NC

Thursday, May 14th, 2009

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RALEIGH — A census report shows that North Carolina’s minority population is increasing steadily.

The News & Observer of Raleigh reported Thursday that the census report shows minorities make up a third of the state’s population. That number is mostly blacks, Hispanics and Asians.

North Carolina’s Hispanic population grew by 79 percent between 2000 and 2008 and the number of Asians grew by 48 percent. The state’s black population grew by about 13 percent and the white population grew about 9 percent.

North Carolina reflects the nation’s population, which is about 34 percent minority.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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A census report shows that North Carolina’s minority population is increasing steadily.

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Associated poll

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Wilmington school to open Tuesday in new location

Thursday, May 14th, 2009

The Wilmington Academy of Arts and Sciences will pack up and move this weekend, preparing for students to start classes in their new location on Tuesday.

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