Three dealerships sold in Tennessee
Dealer Bill Gatton has sold three of his dealerships, all in Bristol, Tenn., to different buyers this quarter......»»
Next-gen Corvette ZR-1 undergoes high speed testing in Germany
A fourth Chevrolet Corvette model, the ZR1, is expected to arrive at dealerships next year as a 2024 or 2025 model. Unlike previous versions of the highest-performance street-legal Corvette with supercharged V-8s, the C8 version will be powered by.....»»
#1 Cochran Automotive acquires Flynn Auto Group"s 4 Ohio dealerships
#1 Cochran Automotive has completed its fifth acquisition of the year and bolstered its presence in the Youngstown, Ohio, market......»»
Casa Auto buys 4 New Mexico dealerships
Casa Auto Group, of Texas, bolstered its presence in nearby New Mexico with the September purchase of four dealerships......»»
Ford battery venture ups wages at planned Tennessee, Kentucky plants
BlueOval SK, a joint venture between Ford and SK On, said workers will be able to earn up to $37.50 an hour at plants it's building in Stanton, Tenn., and Glendale, Ky., up from a previous range of $21 to $29......»»
Ed Morse Automotive buys 3 Texas dealerships
Florida's Ed Morse Automotive Group bought the dealerships from Foundation Automotive Corp., a large auto retailer with stores in the U.S. and Canada, where it is headquartered......»»
Dealerships help fill retail tech VC investment shortfall
Some dealerships have long launched startups to fill specific business needs. They're increasingly becoming investors for new companies outside their walls......»»
BMW beefs up X2 compact crossover coupe
The 2024 BMW X2 will arrive at U.S. dealerships in March......»»
Reviewer tests $3 SATA SSD, gets exactly what they paid for
120GB "Goldenfir" SSD put through wringer by StorageReview. Enlarge / The 120GB SSD in question. (credit: AliExpress) As we've detailed here at Ars before, there are some sketchy SSDs sold online. They tempt the unsusp.....»»
Genesis EVs become available in 10 more states
Genesis said it has sold 6,163 EVs in the U.S. since sales began 18 months ago......»»
“Real Water” that poisoned dozens contained chemical from rocket fuel
An expert witness testified hydrazine was likely formed during an electrolysis process. Real Water sold in jugs. (credit: FDA) A jury this week awarded $228.5 million to seven plaintiffs in their case against Nevada-base.....»»
Jury awards $229M to victims of “Real Water” tainted with rocket fuel chemical
An expert witness testified hydrazine was likely formed during an electrolysis process. Real Water sold in jugs. (credit: FDA) A jury this week awarded $228.5 million to seven plaintiffs in their case against Nevada-base.....»»
Honda, Volkswagen and Chevrolet-Nissan-Honda dealerships sell in Q3 transactions
The country's largest public auto retailer and one of the largest private dealership groups were among third-quarter transactions......»»
Alpha Auto Group finalizes $842M deal for U.K."s Lookers group
The deal hands ownership of Lookers’ 147 new-vehicle dealerships in the U.K. and Ireland to Global Auto Holdings, a special-purpose acquisition company formed to carry out the purchase......»»
Murgado Automotive buys pair of Mercedes-Benz dealerships in Virginia
Murgado Automotive Group followed up a March purchase with a two-store luxury acquisition in Virginia......»»
Tim Cook makes $41.5 million in his first Apple stock sale since 2021
Two years after he last sold any of his shares in Apple, CEO Tim Cook has chosen a time when APPL is lower than usual, to sell off around half a million shares.Tim CookBack in 2021, Cook received five million shares in Apple as part of the deal he re.....»»
Lithia Motors raises bid for Pendragon car dealerships
Two weeks after Lithia Motors Inc. revealed its plans for Pendragon in the U.K., the auto retailer has updated its offer to pay significantly more cash for the business......»»
N.Y. judge pauses EV rules for Ford, Lincoln dealerships in suit
Suffolk County Supreme Court Acting Justice James Hudson in New York on Sept. 20 blocked Ford and Lincoln from imposing facility and business requirements on five dealerships to sell EVs until the retailers' lawsuit challenging the brands' EV dealer.....»»
Chevy, Cadillac dealerships trade hands after Nebraska court battle involving GM exercising its right of first refusal
General Motors last year exercised its right of first refusal in a buy-sell deal for two Nebraska stores. The automaker ultimately sued the seller and original buyer before a judge dismissed the case. The stores changed hands in May......»»
Toyota, Mitsubishi, Infiniti, Ford car dealerships sell
Two of the transactions involved first-time dealership owners and another saw a company add two stores......»»
Microsoft entered negotiations to sell Bing to Apple in 2020
After losing default search status to Google in 2017, Microsoft discussed selling Bing to Apple in 2020, but talks fizzled out.Bing could have been sold to AppleThe Google antitrust bench trial continues to reveal details about its relationship with.....»»