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......»»
Car dealerships sold include Kia, Infiniti, VW, Ford, Hyundai, Mazda
Two of the largest privately owned U.S. auto retailers expanded with second- and third-quarter acquisitions, while a pair of Northeast dealership groups also grew in existing markets......»»
AutoNation captive finance arm"s aim narrows
AutoNation, which acquired CIG Financial in late 2022, told independent dealer customers that it would no longer handle their financing. Instead, it will focus on franchised dealers and AutoNation USA stores......»»
Elon Musk blames the ADL for X"s problems, floats lawsuit
Elon Musk continues to rail against the ADL, floating a possible lawsuit against the Jewish civil rights organization. X, the platform formerly known as Twitter, has had a rough year since Elon Musk acquired the company last October. However, a.....»»
Musk borrowed $1 billion from SpaceX the same month he acquired Twitter: Report
According to a new report, Elon Musk took a $1 billion loan from SpaceX during the same time period in which he acquired Twitter. $44 billion. That's how much Elon Musk acquired Twitter for in October 2022. $1 billion. That's how much Musk.....»»
Apple buys 50-year-old record label to grow Apple Music Classical app
Sweden's BIS Records is known for early and contemporary classical music. Enlarge (credit: Apple) Apple has acquired 50-year-old record label BIS Records, the Swedish company's founder, Robert von Bahr, announced Tuesday.....»»
NHTSA says 52 million ARC Automotive airbag inflators are defective
The agency's initial decision affects about 41 million driver and passenger inflators made by ARC from 2000 through January 2018 and about 11 million driver inflators made by Autoliv-acquired Delphi under a licensing agreement with ARC......»»
Apple acquires 50-year-old ‘leading record label’ to bolster Apple Music Classical
Following the launch of Apple Music Classical earlier this year, Apple is once again expanding its footprint in the classical music industry. This time, the company has acquired BIS Records, a record label founded in 1973 and focused on early and con.....»»
Meta and LG reportedly working together on a new Apple Vision Pro competitor
Even before Apple unveiled Vision Pro, Meta already had virtual reality headsets called Meta Quest (which were created after Meta acquired Oculus). However, Meta’s headsets aren’t exactly a hit. But Zuckerberg seems to have ambitious plans to com.....»»
Idalia leaves most auto dealerships unscathed
Some dealerships lost power and took on water after Idalia surged up the Southeast coast......»»
Castle Automotive continues Chicago-area dealership expansion
Castle Automotive of suburban Chicago continued its growth in the region with the purchase of three dealerships representing four brands......»»
Stellantis expands used-car site Spoticar to U.S. dealerships
Spoticar, which launched in 2019 in 11 European countries, now gives U.S. dealerships a way to showcase their CPO inventory......»»
Hurricane Idalia smashes into Florida; too soon to gauge damage to dealerships
Ted Smith, president of the Florida Automobile Dealers Association, said it's too soon to know the impact or extent of damage to dealerships across the state......»»
Honda, Jaguar-Land Rover and Mazda car dealerships sell
Here's a look at the deals involving import and luxury brand stores in Pennsylvania, Texas and Montana......»»
Hurricane Idalia smashes into Florida; too soon to gauge impact or damage to dealerships
Ted Smith, president of the Florida Automobile Dealers Association, said it's too soon to know the impact or extent of damage to dealerships across the state......»»
Car Pros Automotive Group buys Los Angeles BMW and Mini dealerships
Car Pros Automotive Group now has a luxury dealership in its portfolio thanks to its first acquisition in nearly four years......»»
Premier Automotive, partners buy 3 dealerships in California, Texas and Georgia
Premier Automotive of New Orleans has added seven dealerships and entered three states since February......»»
Kia, Hyundai, Genesis, VW, Ford and Audi dealerships sell across 4 states
A pair of Canadian auto retailers, as well as two large Midwest dealership groups, expanded with deals across Michigan, Ohio, Texas and New York......»»
Anderson Automotive buys 7 South Carolina car dealerships
North Carolina's Anderson Automotive Group, which bought five South Carolina dealerships in a January purchase, returned to South Carolina to make its latest multi-dealership acquisition......»»
Stellantis invests $100M in Calif. "green" lithium project
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives......»»
Bergstrom Automotive agrees to buy 5 Wisconsin stores
Bergstrom Automotive said it has agreed to buy dealerships in the eastern Wisconsin cities of Green Bay and Manitowoc......»»