SANFORD (AP) – The economic downturn and tight credit continues to take its toll on Maine car dealers.
The latest victim is Miller Ford in Sanford, which is shutting its doors Feb. 28, putting 35 people out of work.
Owner Gary Miller says business has been tough with the struggling economy, falling auto sales and reduced credit for customers. He says the final straw came when his bank decided to cut his line of credit that he uses to buy new vehicles from Ford.
Miller says his collision center and body shop across the street from the dealership will remain open.
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