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Lithia Motors buys Ferrari-Bentley-Lotus dealership

Lithia Motors Inc.'s collection of exotic and ultraluxury dealerships expanded with a purchase of a store in Colorado......»»

Category: topSource:  autonewsDec 9th, 2022

Dealership overturns Purdue student"s ‘Kicks for Cash" contest win

After making three field goals in a contest during the Boilermakers' season opener, the student was later told he was less than a tenth of a second too late......»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

Ex-NFL wide receiver Kevin Johnson buys Ford car dealership

Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

Lithia Motors enters north Florida, buys 3 dealerships

Lithia expects the stores to add more than $200 million in annual revenue......»»

Category: topSource:  autonewsRelated NewsSep 10th, 2024

GM to up BrightDrop output, add 2nd shift at Ontario plant, Unifor says

General Motors Canada has committed to increasing production at CAMI Assembly starting in the first quarter of 2025, according to Unifor Local 88 as the union and automaker began contract talks Sept. 9. .....»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Asbury denies FTC allegations, outlines internal processes in new filing

Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal answer denying the Federal Trade Commission's allegations against the national dealership group......»»

Category: topSource:  autonewsRelated NewsSep 9th, 2024

Column: Digital retailing transformation means some will lose, disappear as efficiencies grow

St. Charles Toyota is all in on Toyota's SmartPath digital retailing system, and it's transforming the dealership's relations with outside vendors......»»

Category: topSource:  autonewsRelated NewsSep 5th, 2024

Insurance companies sue Honda, N.Y. dealership to recoup payout from Pilot fire

Three insurance companies are suing American Honda Motor and a New York dealership to recoup more than $1 million they paid for damages caused when a service customer's parked vehicle caught fire......»»

Category: topSource:  autonewsRelated NewsSep 5th, 2024

Man indicted on first-degree murder charge in death of Fla. dealership co-worker

Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Scout Motors SUV, pickup to be revealed Oct. 24

Scout said the reveal date is 44 years to the week after production of the International Harvester Scout II ended on Oct. 21, 1980......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Fla. dealership employee indicted on first-degree murder charge in death of co-worker

Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Fla. dealership employee indicted for first-degree murder in death of co-worker

Steve Tilbury is accused of fatally striking his co-worker with a metal baseball bat in a premeditated attack......»»

Category: topSource:  autonewsRelated NewsSep 3rd, 2024

Celebrity group"s 4 dealerships sue CDK over cyberattack

Celebrity Motor Car Co.'s four dealerships have all sued CDK Global, accusing it of soliciting business by relating the risks of a dealership breach and the cybersecurity CDK could provide — only to be hacked itself and unavailable to retailers aft.....»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

GM delays additional $330M investment in Thacker Pass, Lithium Americas says

Lithium Americas said General Motors has delayed the second tranche of investment, worth $330 million, in the miner until the end of the year.  .....»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024

GM"s BrightDrop electric vans to become Chevrolet models

GM's BrightDrop electric vans will become Chevrolet models, the idea being to leverage Chevy's larger dealership network......»»

Category: topSource:  autonewsRelated NewsAug 29th, 2024

Dealership catches onto scammer, but plays along until cops arrest him

A video showing a customer taking delivery of two Kia Tellurides, then being arrested for allegedly using a fake driver's license, went viral on TikTok......»»

Category: topSource:  autonewsRelated NewsAug 29th, 2024

Behind the scenes: A dealership transaction in New Jersey

Automotive News gets glimpses of a dealership closing in Little Silver, N.J......»»

Category: topSource:  autonewsRelated NewsAug 29th, 2024

GM, Samsung SDI push back opening of Ind. battery plant to 2027

General Motors and Samsung SDI finalized their partnership that will invest $3.5 billion in an EV battery plant in Indiana......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

F&I revenue still possible as leasing returns

As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

McGovern Automotive"s deal to buy Mercedes store isn"t just business — it"s personal

Sellers Allan Sockol and Scott Coleman's values align with rapidly growing McGovern, and they will remain involved in the dealership as partners......»»

Category: topSource:  autonewsRelated NewsAug 28th, 2024

Public dealerships" F&I gross profits fall in Q2 but most above $2,000 a vehicle

AutoNation, Lithia, Group 1, Sonic and Asbury all had same-store finance and insurance gross profit per vehicle above $2,000 in the second quarter......»»

Category: topSource:  autonewsRelated NewsAug 27th, 2024