Maita Ford Mercury in Auburn is latest dealership to close

23/09/2008 22:57. Sep 23, 2008 (The Sacramento Bee - McClatchy-Tribune News Service via COMTEX) -- F | Quote | Chart | News | PowerRating -- Sep. 23--The economic downturn has claimed yet another Sacramento-area auto dealership.

The locally based Maita Automotive Group on Monday closed Maita Ford Mercury at 1650 Grass Valley Highway in Auburn. More than 40 employees lost their jobs. About 50 vehicles will be returned to Ford Motor Co.

"This is a very difficult time for our employees. Many of them are long-term employees who live in this area," said Gary Kiser, director of operations for the Maita group. "The bottom line is that, with sluggish car sales and the slowing economy, it didn't make economic sense for us to stay open."

Maita Automotive Group continues to sell Chevrolet, Hyundai, Nissan,... // Trading Markets