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The Honolulu Advertiser
Posted on: Wednesday, August 31, 2005

BUSINESS BRIEFS
Dealership plans expansion

Advertiser Staff and News Services

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Servco Pacific Inc. announced plans to renovate and expand its Toyota City dealership in Mapunapuna in an $8 million effort anticipated for completion in March 2006.

Business will continue during construction. When complete, the dealership at 2850 Pukoloa St. will be renamed Servco Auto Honolulu and feature a 39,000-square-foot showroom, more parking and a courtyard entrance including a water display.

The project continues a string of dealership expansions for Servco, which last year began work to double the size of its Waipahu dealership at a cost of $12 million. That expansion followed Servco's $3 million transformation of the former Columbia Inn restaurant on Kapi'olani Boulevard into a pre-owned automobile showroom in 2002.


CONSUMERS MORE CONFIDENT

WASHINGTON — An abundance of jobs helped push consumer confidence higher this month, but the optimism could be short-lived as the pain at the gasoline pump becomes more acute.

The Conference Board reported that consumers remained optimistic in August despite surging energy costs. The board's index rose to 105.6, up from a revised 103.6 in July.

Soaring energy prices may also be starting to harm manufacturers: The Commerce Department reported yesterday that factory orders in July fell by the largest amount in 15 months.


GM RECALLING SUVS, TRUCKS

WASHINGTON — General Motors Corp. said yesterday it was recalling about 800,000 sport utility vehicles and pickup trucks in 14 northern states because corrosion was affecting the antilock brake system, leading to more than 200 low-speed crashes.

GM said the recall involved the 1999-2002 model years of the Chevrolet Avalanche, Chevrolet Silverado, Chevrolet Tahoe, GMC Sierra, GMC Yukon and GMC Yukon XL.

In separate moves, Hyundai Motor Corp. issued a recall of the 2006 Sonata sedan, and the government announced an investigation of the 2002 Jeep Liberty.