While most of Penske's revenue comes from automotive retail, the company also reported that pretax earnings from its commercial truck dealerships increased 9.3 percent and income from its ownership stake...
Group 1 said it acquired a BMW and Mini dealership, along with a collision center, in the United Kingdom in September, an acquisition the group said is expected to generate...
A few weeks from now, Tesla will notify owners of almost 1.1 million vehicles about a safety issue the electric-car maker already started addressing last month.The US National Highway Traffic...
The deal with Georgica Auto is Franchise Equity Partners' first investment in dealerships, said Don Reese, CEO of the firm's automotive unit and a former leader of used-car retailer DriveTime....
Kia America Inc. said it will recall 71,000 2008-2009 model year Sportage vehicles in the U.S. previously recalled in 2016 for fire risks and is advising owners to park outside...
While most of Penske's revenue comes from automotive retail, the company also reported that pretax earnings from its commercial truck dealerships increased 9.3 percent and income from its ownership stake...
Electric vehicle manufacturer Via Motors is looking to pull up its Utah roots for a new headquarters in suburban Detroit, where it would invest $12.4 million and create 300 jobs....
The $200 million decrease in adjusted earnings to $900 million for the quarter is "primarily due to lower net leased-vehicle income," GM CFO Paul Jacobson said. Retail loan originations, however,...
ELLABELL, Ga. — Hyundai Motor Group broke ground Tuesday on a mammoth $5.54 billion manufacturing project that will produce electric vehicles and batteries for the Hyundai, Genesis and Kia brands....
An office manager must pay back nearly $50,000 to an Ohio dealership after she was sentenced for tampering with the dealership's records. Nicole Bradley, 44, was sentenced on Oct. 13...
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