Feldman buys car dealership that battled back after Chrysler bankruptcy
Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit suburb. Livonia Chrysler Jeep has been renamed Feldman Chrysler Jeep of Livonia following the acquisition, which closed Aug. 1. Feldman now owns.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Service customer arrested at gunpoint after dealership lost paperwork
A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
New GM North America chief Marissa West has deep ties to automaker
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
GM"s Marissa West looks to connect with retailers as she oversees North American operations
While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»
South Dakota dealership fixes Chevy Impala for free after woman scammed by repair shop
After spending months trying to get her Chevy Impala back from a garage that abruptly closed, a Seattle woman was finally reunited with the car and had the $4,000 repair bill waived......»»
2 former dealership employees who started new marketing firm settle lawsuit
A Massachusetts dealership has settled a lawsuit that accused two former employees of breach of loyalty, misappropriation of trade secrets and other claims for setting up a competing dealer-to-dealer digital marketing agency......»»
Fisker appoints chief restructuring officer after missing payment to noteholder
Fisker said in its 2023 annual report that it may have to file for bankruptcy protection within 30 days if it does not get relief from its creditors. A forbearance agreement with one noteholder expires May 1......»»
Conn. dealership sues VW to halt termination of satellite franchise
A lawsuit by a Connecticut dealership accuses Volkswagen of America of wrongfully attempting to terminate its satellite store franchise......»»
Ill. appeals court blocks floorplan collection amid fraud allegations
A floorplan lender remains blocked from attempting to collect about $2.8 million from an Illinois dealership and its owners in a dispute involving allegations the bank participated in a fraud scheme by store employees behind the dealers' backs......»»
Group 1 to acquire UK retail operations of Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Stellantis clashes with suppliers spill into court, shut down plants
The maker of the Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»
Group 1 to acquire UK group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Stellantis clashes with suppliers, spilling into court and shutting down plants
The maker of Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»
Group 1 to acquire U.K. group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»
“Ban Chinese electric vehicles now,” demands US senator
China's EV industry benefits from billions of dollars in government subsidies. Enlarge / BYD electric cars stand at a BYD dealership on April 05, 2024, in Berlin, Germany. BYD, which stands for Build Your Dreams, is a Chinese man.....»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Top 5 stories of the week: Stellantis job cuts; top 150 dealership groups
A quick look at the top automotive stories of the week......»»
Dealership group employee killed in shooting at Kia store in South Carolina
A pregnant woman was killed in a crash after the shooting as police looked for the suspect......»»
BREIN Battled ISPs For Years; They’re United Against Pirate IPTV Services
Dutch anti-piracy group BREIN and local ISPs Ziggo and KPN have long been at odds over the issue of piracy. In particular, the thorny issue of whether The Pirate Bay should be blocked in the Netherlands, dragged on for years. But now, as BREIN contin.....»»