Dealerships acquired in Calif., Ga.
Three dealership groups acquired stores in California in separate deals, while another group added a second Stellantis store in Georgia......»»
Mitsubishi backs up product offensive with U.S. retail expansion
Mitsubishi's 330 dealerships cover a third of the U.S. sales market. The automaker aims to bump that up to more than 50 percent by the decade's end......»»
Atari ends one of the oldest console wars by acquiring Intellivision
Atari announced on Thursday that it had acquired the rights to games and branding from its old rival, Intellivsion......»»
Dealership lawsuit accuses Mitsubishi of ‘making false promises"
A terminated Kansas City, Kan., dealership has accused Mitsubishi Motors of North America of "mistreating its dealers by making false promises" in a bid to drive it and other dealerships out of business or move their points......»»
Dave Cantin Group uses AI to value dealerships
New York brokerage firm Dave Cantin Group started developing its AI-based Jump IQ software in 2022 and began testing it six months ago......»»
ZT Corporate buys 4 Greenway Automotive stores
ZT Automotive is owned by ZT Corporate, a wealth management firm that acquires and operates dealerships......»»
How saber-toothed tigers acquired their long upper canine teeth
An international team led by scientists from the University of Liège has investigated the evolutionary patterns behind the development of saber teeth, with some unexpected results along the way. Their study has been published in the journal Current.....»»
Family Car Group to buy Moffitt Automotive
Family Car Group is set to buy Moffitt Automotive, which has Audi, Porsche, Mazda and Volkswagen dealerships in Louisiana......»»
Ex-Alabama coach Nick Saban dragged into UAW"s fight to unionize Mercedes plant
Saban, a co-owner in seven Mercedes-Benz dealerships, said his comments about college football unionization were used out of context in a pro-UAW ad......»»
US Cellular could be acquired by T-Mobile and Verizon
According to the latest reports, it seems that US Cellular could be acquired by both T-Mobile and Verizon in the near future. The post US Cellular could be acquired by T-Mobile and Verizon appeared first on Phandroid. US Cellular might not.....»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
Canada"s Steve Marshall Group enters U.S. via Hawaii, buys Ford dealerships
The second-quarter acquisition marks the British Columbia group's first dealerships in the U.S......»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
Calif. state Sen. Blakespear says coastal railroad is at a climate crossroads
A coordinated, multiagency effort is essential to save Southern California's coastal rail corridor from sea-level rise and erosion, state Sen. Catherine Blakespear warned last week......»»
Top 5 stories of the week: Asbury looks to sell dealerships; UAW threatens Stellantis stamping plant
A quick look at the top automotive stories of the week as determined by reader interest......»»
Harbour Results, adviser to tool-and-die shops and small manufacturers, acquired by Wipfli
Harbour Results Inc., a longtime advisory group to small- and medium-size automotive manufacturers and tool-and-die makers in North America, was acquired by Milwaukee advisory and accounting firm Wipfli......»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
Ram adds to off-road lineup with RHO
The 540-hp pickup, scheduled to reach dealerships in the third quarter, adds to the brand's long lineage of speedy trucks......»»
VinFast adds 12 U.S. dealerships, including 5 in Florida and 4 in Texas
The Vietnamese automaker says it now has 18 stores across seven states. The new locations will start selling the VF 8 crossover and later receive the bigger VF 9 and smaller VF 7 models......»»